Iridium Communications

IRDM

Market cap $2.02B

As of Jan. 12, 2026, three stocks in the communication services sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

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Satellite Internet is reshaping global connectivity as LEO networks expand, driving rapid market growth and investment through 2026.

Iridium Communications is trading at multi-year valuation lows despite robust asset backing and industry-leading gross profit margins. IRDM's spectrum licenses (based on peer license transactions) and its existing satellite network (at replacement cost) appear to be worth more than the current enterprise value of $3.7 billion. Management projects $1.5–1.8 billion in free cash flow between 2026-30, supporting debt reduction, accretive asset investments, share repurchases and potential dividend increases.

Iridium Communications Inc. (IRDM) Presents at Raymond James TMT & Consumer Conference Transcript

Hyundai's Hi MATE Remote Fleet Management System to Utilize Iridium's IoT Services for Delivery of Critical Machine Data MCLEAN, Va. , Dec. 9, 2025 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq IRDM), a leading provider of global voice, data, and positioning, navigation and timing (PNT) satellite services, today announced it has been selected by HD Hyundai Construction Equipment, a leading construction equipment manufacturer, to integrate their vehicle monitoring system Hi MATE with Iridium's truly global satellite IoT connectivity.

Iridium Communications remains a top pick, boasting strong EBITDA margins and significant free cash flow potential, despite recent share price weakness. IRDM faces near-term headwinds from lowered revenue guidance, subscriber declines, and competitive threats, but profitability and cash flow are still rising. Management is prioritizing debt reduction and strategic growth initiatives, pausing buybacks to invest in NTN Direct and quantum-safe cybersecurity offerings.

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MCLEAN, Va. , Dec. 4, 2025 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM), a leading provider of global voice, data, and PNT satellite services, today announced the appointment of Louis Alterman to its Board of Directors, effective immediately.