Iridium Communications

IRDM

Market cap $4.4B

Ast Spacemobile currently generates significantly less revenue than Iridium Communications, though the gap between the two companies has noticeably narrowed. Over the last eight quarters, Ast Spacemobile transitioned from generating minimal sales to showing steep quarter-over-quarter growth, while Iridium Communications maintained a relatively flat, stable revenue base.

As of April 10, 2026, two 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.

Growing global connectivity bodes well for Zacks Satellite and Communication industry participants, such as SATS, PL and IRDM, amid macroeconomic volatility.

SpaceX could be the blockbuster IPO of 2026. Amazon may be looking to acquire a satellite network.

Apparently, a prominent company in the sector might be acquired. The would-be buyer is a top name in online retail.

Iridium Communications stock was gaining while AST SpaceMobile was falling amid a flurry of satellite-related news.

MCLEAN, Va., April 2, 2026 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium"), a leading provider of global voice, data, and PNT satellite services, will host a conference call on Thursday, April 23, 2026 at 8:30 a.m.

Iridium Communications is downgraded from 'Strong Buy' to 'Buy' after a 35.6% rally and recent fundamental softness. Q4 2025 revenue was flat at $212.9 million, with government subscribers down 14.2% and growth concentrated in low-value commercial IoT data customers. 2026 guidance calls for flat to 2% service revenue growth and EBITDA of $480–$490 million, impacted by cash-only incentive compensation.

February 2026 drew a sharp line through the space and aerospace sector. On one side: defense giants riding a wave of geopolitical demand, record backlogs, and earnings beats.

Ondas, BlackSky Technology, and Iridium Communications could be set to benefit from the demand for drones and anti-drone technology.