Iridium Communications
IRDM
Market cap $2.92B

25.23 USD

-0.22

0.86%

At close May 19, 4:00 PM EDT

After hours

25.23

+0.00

0.00%

1 day

-0.86%

5 days

-6.21%

1 month

8.75%

3 months

-22.75%

6 months

-7.65%

Year to date

-14.68%

1 year

-19.75%

5 years

15.26%

10 years

145.19%

About: Iridium Communications Inc is the commercial provider of communications services offering true globalised coverage, connecting people, organizations and assets to and from anywhere, in real time. The company is a provider of mobile voice and data communications services through a constellation of low earth-orbiting satellites. Iridium's solutions are ideally suited for industries such as maritime, aviation, government/military, emergency/humanitarian services, mining, forestry, oil and gas, heavy equipment, transportation, and utilities. Iridium also provides service to subscribers from the U.S. Department of Defense, as well as other civil and government agencies world-wide. The Company operates in one business segment, providing satellite communications services and products.

Employees: 881

Communication Services Telecom Services

0

Funds holding %

of 7,202 funds

0

Analysts bullish %

of 3 analysts

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

31% more call options, than puts

Call options by funds: $12.7M | Put options by funds: $9.7M

12% more repeat investments, than reductions

Existing positions increased: 131 | Existing positions reduced: 117

11% more first-time investments, than exits

New positions opened: 51 | Existing positions closed: 46

6.06% more ownership

Funds ownership: 87.93% [Q4 2024] → 93.99% (+6.06%) [Q1 2025]

4% less capital invested

Capital invested by funds: $2.91B [Q4 2024] → $2.79B (-$111M) [Q1 2025]

1% less funds holding

Funds holding: 345 [Q4 2024] → 341 (-4) [Q1 2025]

50% less funds holding in top 10

Funds holding in top 10: 4 [Q4 2024] → 2 (-2) [Q1 2025]

See Fund Rankings

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$25

1%

downside

Avg. target

$32

28%

upside

High target

$38

51%

upside

3 analyst ratings

2 positive

67%

1 neutral

33%

0 negative

0%

Oppenheimer Timothy Horan	35%upside $34	Outperform Initiated	5 May 2025
BWS Financial Hamed Khorsand	1%downside $25	Neutral Maintained	23 Apr 2025
Barclays Mathieu Robilliard	51%upside $38	Overweight Maintained	10 Mar 2025

See Analyst Rankings

Financial journalist opinion

Based on 14 articles about IRDM published over the past 30 days

Zacks Investment Research

3 Stocks to Watch From the Satellite and Communication Industry

Macro uncertainty remains a concern for the Zacks Satellite and Communication industry participants like IRDM, GSAT and GILT. Growing global connectivity needs could drive prospects in the long term.

3 Stocks to Watch From the Satellite and Communication Industry

Undercovered Dozen: Gevo, Eledon, Dorian, Iridium +

The 'Undercovered' Dozen series highlights 12 lesser-covered stocks, offering potential investment ideas and sparking community discussion. Aeluma, Inc. is a speculative microcap with game-changing semiconductor technology, a credible team, and significant grants, making it a strong buy. Big Yellow Group, despite macro pressures, shows steady revenue growth and strong cash generation, presenting a buy opportunity for long-term investors.

Undercovered Dozen: Gevo, Eledon, Dorian, Iridium +

Iridium Equips 9603 Module with Enhanced Short Burst Data Capabilities for Government Users

MCLEAN, Va. , May 6, 2025 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM), a leading provider of global voice and data satellite communications, today announced a special U.S. government version of the Iridium® 9603 module built for Enhanced Short Burst Data (ESBD).

Iridium Equips 9603 Module with Enhanced Short Burst Data Capabilities for Government Users

Zacks Investment Research

Wall Street Analysts Believe Iridium (IRDM) Could Rally 52.28%: Here's is How to Trade

The consensus price target hints at a 52.3% upside potential for Iridium (IRDM). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts Believe Iridium (IRDM) Could Rally 52.28%: Here's is How to Trade

Zacks Investment Research

Buy These Top-Ranked 5 Stocks to Play an Earnings Beat

Top-ranked stocks Fox (FOXA), Newmont (NEM), Affirm (AFRM), HealthStream (HSTM)) and Iridium Communications (IRDM) are likely to beat on the bottom line in their upcoming releases.

Buy These Top-Ranked 5 Stocks to Play an Earnings Beat

Why I disagree with Cathie Wood's bullish stance on Iridium stock

Famed investor Cathie Wood recently parked nearly $10 million in the McLean-based Iridium Communications Inc. (NASDAQ: IRDM). Wood, the founder and chief executive of Ark Invest, loaded up on more than 418,000 shares last week of the company that operates the Iridium satellite constellation.

Why I disagree with Cathie Wood's bullish stance on Iridium stock

Iridium Communications: Shares Deserve To Fly To The Exosphere (Rating Upgrade)

Iridium Communications' stock has dropped 27.9% since February, presenting a buying opportunity despite broader market declines and economic concerns. The company reported solid revenue growth, with commercial service revenue increasing and IoT data revenue seeing significant gains. Management expects continued growth, targeting $1 billion in annual service revenue by 2030, with projected annualized upside of 17.9% to 25%.

Iridium Communications: Shares Deserve To Fly To The Exosphere (Rating Upgrade)

Zacks Investment Research

After Plunging -26.98% in 4 Weeks, Here's Why the Trend Might Reverse for Iridium (IRDM)

Iridium (IRDM) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

After Plunging -26.98% in 4 Weeks, Here's Why the Trend Might Reverse for Iridium (IRDM)

Zacks Investment Research

Here's Why Iridium Communications (IRDM) is a Strong Value Stock

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Here's Why Iridium Communications (IRDM) is a Strong Value Stock

Zacks Investment Research

Iridium's Q1 Earnings & Revenues Top, Increase Y/Y, Shares Tumble

IRDM's Q1 performance is led by higher service revenues and subscriber strength. The stock falls 6.9% due to potential global trade volatility and rising costs.

Iridium's Q1 Earnings & Revenues Top, Increase Y/Y, Shares Tumble

See News Rankings

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