Iridium Communications (IRDM)
NASDAQ:IRDM
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IRDM Stock Chart & Stats
$41.85
-$0.71(-2.39%)
At close: 4:00 PM EST
$41.85
-$0.71(-2.39%)
Day’s Range― - ―
52-Week Range$15.65 - $52.25
Previous CloseN/A
Volume93.69K
Average Volume (3M)2.42M
Market Cap
$5.24B
Enterprise Value$5.37B
Total Cash (Recent Filing)$111.64M
Total Debt (Recent Filing)$7.97M
Price to Earnings (P/E)49.7
Beta0.70
Next Earnings
Jul 28, 2026EPS Estimate
0.28Next Dividend Ex-DateN/A
Dividend Yield3.3%
Share Statistics
EPS (TTM)0.99
Shares Outstanding105,727,745
10 Day Avg. Volume2,291,222
30 Day Avg. Volume2,415,705
Financial Highlights & Ratios
PEG Ratio1.29
Price to Book (P/B)4.03
Price to Sales (P/S)2.14
P/FCF Ratio6.22
Enterprise Value/Market Cap1.02
Enterprise Value/Revenue6.13
Enterprise Value/Gross Profit9.81
Enterprise Value/Ebitda12.16
Forecast
1Y Price Target
$39.20Price Target Upside-6.33% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering7
EPS Forecast (FY)1.13
Revenue Forecast (FY)$892.45M
Bulls Say, Bears Say
Bulls Say
Strong Free Cash FlowConsistent high operating cash flow (~$411M TTM) and robust free cash flow (~$305M TTM) provide durable funding for dividends, product development, and de‑leveraging. Reliable cash conversion (~0.75x net income) supports capital allocation flexibility and reduces reliance on external financing over the medium term.
Multi‑year Revenue Growth & MarginsA sustained top‑line uptrend and materially improved margins indicate the business is scaling profitably. Recurring service revenue (subscriptions and IoT connections) underpins predictable cash flows, while expanding operating margin suggests improving unit economics and structural resilience to cyclical swings over the next 2–6 months and beyond.
Strategic Aireon Acquisition & Product PipelineFull ownership of Aireon and an expanding product set (9604 modem, PNT ASIC, NTN Direct) create structural revenue diversification into certified aviation surveillance, analytics, and assured PNT. Long‑dated partner agreements and complementary services strengthen Iridium's differentiated position in aviation and national‑security markets over the medium term.
Bears Say
Elevated LeverageMaterially higher leverage reduces financial flexibility and raises sensitivity to interest rates and refinancing cycles. Near‑term leverage around 3.4x–4x constrains optionality for opportunistic M&A, share repurchases, or cyclical cushioning, making execution of growth initiatives and integration more dependent on sustained cash generation.
PNT Revenue Timing UncertaintyWhile PNT is a high‑value growth pillar (management targets sizable future revenue), slow early rollouts and uncertain order timing mean projected upside is not yet reliable. This makes near‑term growth and returns from PNT investments contingent on partner adoption, certification and deployment schedules, increasing execution risk.
Commercial Broadband Weakness & SG&A VolatilityA secular or competitive slowdown in commercial broadband and variability in SG&A create pressure on segment growth and operating leverage. Persistent broadband migrations to lower‑cost alternatives and episodic expense swings can compress margins and make near‑term profitability more lumpy, complicating steady margin expansion plans.
Iridium Communications News
IRDM FAQ
What was Iridium Communications’s price range in the past 12 months?
Iridium Communications lowest stock price was $15.64 and its highest was $52.25 in the past 12 months.
What is Iridium Communications’s market cap?
Iridium Communications’s market cap is $5.24B.
When is Iridium Communications’s upcoming earnings report date?
Iridium Communications’s upcoming earnings report date is Jul 28, 2026 which is in 54 days.
How were Iridium Communications’s earnings last quarter?
Iridium Communications released its earnings results on Apr 23, 2026. The company reported $0.2 earnings per share for the quarter, missing the consensus estimate of $0.278 by -$0.078.
Is Iridium Communications overvalued?
According to Wall Street analysts Iridium Communications’s price is currently Overvalued.
Does Iridium Communications pay dividends?
Iridium Communications pays a Quarterly dividend of $0.15 which represents an annual dividend yield of 3.3%. See more information on Iridium Communications dividends here
What is Iridium Communications’s EPS estimate?
Iridium Communications’s EPS estimate is 0.28.
How many shares outstanding does Iridium Communications have?
Iridium Communications has 105,727,745 shares outstanding.
What happened to Iridium Communications’s price movement after its last earnings report?
Iridium Communications reported an EPS of $0.2 in its last earnings report, missing expectations of $0.278. Following the earnings report the stock price went up 1.312%.
Which hedge fund is a major shareholder of Iridium Communications?
Currently, no hedge funds are holding shares in IRDM
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Iridium Communications Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$39.20 (-6.33% Downside)
$39.20 (-6.33% Downside)
Blogger Sentiment
Bullish
IRDM Sentiment 70%
Sector Average 63%
Sector Average 63%
Hedge Fund Trend
Decreased
By 1.7M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.1%
Last 30 Days ▲ 5.5%
Last 30 Days ▲ 5.5%
News Sentiment
Bullish
Bullish news 67%
Bearish news 33%
Bearish news 33%
Technicals
SMA
Positive
20 days / 200 days
Momentum
97.05%
12-Months-Change
Fundamentals
Return on Equity
22.76%
Trailing 12-Months
Asset Growth
-2.99%
Trailing 12-Months
Company Description
Iridium Communications
Iridium Communications Inc. provides mobile voice and data communications services and products to businesses, the United States and international governments, non-governmental organizations, and consumers worldwide. The company offers postpaid mobile voice and data satellite communications; prepaid mobile voice satellite communications; push-to-talk; broadband data; and Internet of Things (IoT) services. It also provides hosted payload and other data services, such as satellite time and location services, and inbound connections from the public switched telephone network, short message, subscriber identity module, activation, customer reactivation, and other peripheral services. In addition, the company offers voice and data solutions comprising personnel tracking devices; asset tracking devices for equipment, vehicles, and aircrafts; beyond-line-of-sight aircraft communications applications; maritime communications applications; specialized communications solutions for high-value individuals; mobile communications and data devices for the military and intelligence agencies, such as secure satellite handsets, as well as netted voice, messaging, and paging services; and maintenance services for the United States government's dedicated gateway. Further, it provides satellite handsets, personal connectivity devices, voice and data modems, broadband data devices, and IoT data devices; various accessories for its devices that include batteries, holsters, earbud headphones, portable auxiliary antennas, antenna adaptors, USB data cables, charging units, and others; and engineering and support services. Iridium Communications Inc. sells its products and services to commercial end users through a wholesale distribution network that include service providers, and value-added resellers and manufacturers. The company was formerly known as Iridium Holdings LLC and changed its name to Iridium Communications Inc. in September 2009. Iridium Communications Inc. was founded in 2000 and is headquartered in McLean, Virginia.
IRDM Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed a generally positive outlook driven by steady top-line growth (service revenue +2%), strong product pipeline momentum (Iridium 9604, PNT ASIC, NTN Direct) and improving ARPU in voice and data (+7%). Management reaffirmed full-year guidance, highlighted robust engineering and government revenue growth, and projected meaningful free cash flow over the decade. Headwinds include a 5% decline in Q1 OEBITDA (partly driven by a one-time compensation accounting change with a $17M FY impact), a 5% decline in commercial broadband, higher Q1 SG&A, and uncertainty on the timing of large PNT contract revenue. Overall, the positives — recurring revenue growth, product/standards progress, and cash flow outlook — outweigh the near-term operational and timing challenges.View all IRDM earnings summariesIRDM Revenue Breakdown
54.57% U.S.
45.43% Other
IRDM Stock 12 Month Forecast
Average Price Target
$39.20
▼(-6.33% Downside)
Technical Analysis
Ownership Overview
3.97% Insiders
16.03% Mutual Funds
14.73% Other Institutional Investors
22.82% Public Companies and Individual Investors