Iridium Communications Inc. (IRDM)

NASDAQ: IRDM · Real-Time Price · USD
53.75
-1.97 (-3.54%)
At close: Jul 2, 2026, 4:00 PM EDT
53.60
-0.15 (-0.28%)
After-hours: Jul 2, 2026, 7:55 PM EDT
Market Cap5.68B +83.7%
Revenue (ttm)875.84M +4.1%
Net Income105.55M -14.6%
EPS0.99 -6.0%
Shares Out 105.73M
PE Ratio54.29
Forward PE47.47
Dividend$0.60 (1.12%)
Ex-Dividend DateJun 15, 2026
Volume3,294,774
Open55.81
Previous Close55.72
Day's Range53.38 - 57.18
52-Week Range15.65 - 57.18
Beta0.88
AnalystsBuy
Price Target45.00 (-16.28%)
Earnings DateJul 23, 2026

About IRDM

Iridium Communications Inc. provides mobile voice and data communications services and products to businesses, the United States and foreign governments, non-governmental organizations, and consumers in the United States, Canada, and internationally. The company offers mobile satellite communications services for land mobile end users and aviation sectors; broadband terminals, embedded devices, and handsets for merchant shipping, fishing, leisure and research vessels, and specialized watercraft; satellite-based IoT services; hosted payload and ... [Read more]

Founded 2000
Employees 975
Stock Exchange NASDAQ
Ticker Symbol IRDM
Full Company Profile

Financial Performance

In 2025, Iridium Communications's revenue was $871.66 million, an increase of 4.93% compared to the previous year's $830.68 million. Earnings were $114.37 million, an increase of 1.42%.

Financial Statements

Analyst Summary

According to 8 analysts, the average rating for IRDM stock is "Buy." The 12-month stock price target is $45.0, which is a decrease of -16.28% from the latest price.

Price Target
$45.0
(-16.28% downside)
Analyst Consensus: Buy
Stock Forecasts

News

BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: LCI Industries (NYSE – LCII), Iridium Communications Inc. (Nasdaq – IRDM), Bio-Techne Corporation (Nasdaq – TECH), Arcosa, Inc. (NYSE – ACA)

BALA CYNWYD, Pa., June 30, 2026 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky (j...

Other symbols: ACAIRDMTECH
3 days ago - GlobeNewsWire

Rocket Lab Stock Surges as Iridium Deal Feeds Market Appetite for Space

Wall Street likes Rocket Lab's decision to buy Iridium Communications.

Other symbols: IRDMRKLB
3 days ago - Barrons

This Space Stock Could Be a Takeover Target After Rocket Lab, Iridium Deal

ViaSat stock rocketed higher after the announcement Rocket Lab would buy Iridium. There could be further gains in store.

Other symbols: IRDMRKLBVSAT
4 days ago - Barrons

Monday's Final Takeaways: RKLB & Major Investments

Marley Kayden breaks down Rocket Lab's (RKLB) $8 billion acquisition of Iridium Communications (IRDM), while Sam Vadas highlights major investment moves from SK Hynix and Samsung. ======== Schwab Netw...

Other symbols: IRDMRKLB
4 days ago - Schwab Network

Rocket Lab buys satellite pioneer Iridium for $8B – setting up showdown with SpaceX

Rocket Lab is buying Iridium Communications in an $8 billion cash-and-stock deal – equipping the rocket maker with a global satellite network and wireless spectrum that could help it compete with Elon...

Other symbols: IRDMRKLBSPCX
4 days ago - New York Post

Rocket Lab stock jumps 12%, Iridium soars 21% on $8B merger deal

Rocket Lab (RKLB) shares surged in trading on Monday after the company announced an $8 billion cash-and-stock acquisition of satellite communications provider Iridium Communications (IRDM), one of the...

Other symbols: IRDMRKLB
4 days ago - Invezz

Rocket Lab to Buy Iridium in Challenge to SpaceX

Rocket Lab will acquire Iridium, a pioneer in satellite telephones, for $54 a share in a cash-and-stock transaction as smaller players in the orbital economy try to catch up with market leader SpaceX....

Other symbols: IRDMRKLB
4 days ago - Bloomberg Technology

Iridium, Rocket Lab Shares Soar on Plans to Combine Into 'Space Powerhouse'

Rocket Lab and Iridium Communications plan to combine—and both companies' shareholders like the deal.

Other symbols: IRDMRKLB
4 days ago - Investopedia

Johnson Fistel Investigates Proposed Sale of Iridium Communications; Shareholders are Encouraged to Contact the Firm

SAN DIEGO, June 29, 2026 (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP is investigating the proposed acquisition of Iridium Communications Inc. (NASDAQ: IRDM) by Rocket Lab Corporation (NASDAQ: RKLB) to de...

Other symbols: IRDMRKLB
4 days ago - GlobeNewsWire

Rocket Lab continues buying spree by acquiring satellite company Iridium

Launch company Rocket Lab is buying satellite operator Iridium, putting it in a position to become a more full-fledged space services company, and continuing a wave of consolidation in the industry.

Other symbols: IRDMRKLB
4 days ago - TechCrunch

Rocket Lab Buys Satellite Operator Iridium in Bid to Challenge SpaceX

The deal would give Rocket Lab control over a satellite fleet and access to wireless resources it could use to compete with SpaceX.

Other symbols: IRDMRKLB
5 days ago - WSJ

Rocket Lab Stock Rises on $8 Billion Acquisition of Iridium Communications

Rocket Lab stock advances after the company announces a deal to buy Iridium Communications.

Other symbols: IRDMRKLB
5 days ago - Barrons

Rocket Lab to buy satellite communications firm Iridium in $8 billion deal

Rocket Lab said on Monday it ​would acquire satellite communications ‌provider Iridium Communications in a cash-and-stock deal ​valued at about $8 ​billion, marking one of the ⁠biggest consolidation m...

Other symbols: IRDMRKLB
5 days ago - Reuters

Rocket Lab to Acquire Iridium in Historic Deal, Creating A Fully Vertically Integrated Space Powerhouse Primed for Growth

Unites Rocket Lab's leading launch and satellite manufacturing capabilities with Iridium's global network, spectrum, and experience to unlock critical space applications. Adds material revenue scale a...

Other symbols: IRDMRKLB
5 days ago - PRNewsWire

Iridium NTN Direct Begins Live Testing with Mlink

Mlink chipsets expand the ecosystem for Iridium's standards-based NB-IoT and D2D connectivity  MCLEAN, Va., June 24, 2026 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM), a leading provider...

Other symbols: IRDM
10 days ago - PRNewsWire

Iridium's Next‑Generation Hybrid IoT Module and Development Kit are Now Commercially Available

The Iridium 9604 Module and Development Kit streamline global IoT development with integrated satellite, cellular, and GNSS connectivity MCLEAN, Va., June 23, 2026 /PRNewswire/ -- Iridium Communicatio...

Other symbols: IRDM
11 days ago - PRNewsWire

Satellite Stocks Are Flying on SpaceX, Spectrum-Sale Hopes. Time Is Running Out.

ViaSat and Iridium have racked up huge gains on expectations they can sell their valuable spectrum but the clock is ticking.

Other symbols: SPCXAMZNASTSIRDMVSAT
19 days ago - Barrons

Space stocks go into orbit as Musk mega IPO nears lift-off

European space stocks surged on Thursday, ​buoyed by investor ‌excitement after Elon Musk's SpaceX filed for ​a stock market ​listing, lifting sentiment across ⁠the sector.

Other symbols: FLYIRDMLUNRRKLBSPCX
6 weeks ago - Reuters

Iridium Communications Transcript: AGM 2026

The meeting covered director elections, executive compensation, auditor ratification, and equity plan approval, with all proposals passing by large margins. No questions were submitted by stockholders during the session.

6 weeks ago - Transcripts

Iridium Bets on Air Safety in Aireon Takeover

Satellite operator Iridium Communications agreed to take full control of a company that tracks airplane movements, betting it can grow the air data provider into a bigger business.

Other symbols: IRDM
7 weeks ago - WSJ

Iridium to Acquire Aireon, Advancing its Strategy to Lead the Future of Aviation Safety

The transaction unifies the world's only space-based air traffic surveillance system with the satellite network it was built on and extends commercial partnerships with NAV CANADA and NATS through 203...

Other symbols: IRDM
7 weeks ago - PRNewsWire

The Iridium Celebrates Les Paul's Birthday with a Weeklong Tribute, June 9–15, 2026

NYC's Iridium hosts Les Paul Birthday Week June 9 to 15, 2026. A seven-night tribute featuring Andy Timmons, Dan Wilson, Raúl Midón, and Robben Ford.

Other symbols: IRDM
7 weeks ago - GlobeNewsWire

Iridium Communications Earnings Call Transcript: Q1 2026

Revenue and service revenue each grew 2% year-over-year in Q1 2026, with strong IoT and PNT momentum and new products set for mid-year launch. Full-year guidance is affirmed, and free cash flow and dividend growth remain priorities.

2 months ago - Transcripts

Iridium Communications Earnings release: Q1 2026

Iridium Communications released its Q1 2026 earnings on April 23, 2026, summarizing the period's financial results.

2 months ago - Filings

Iridium Communications Quarterly report: Q1 2026

Iridium Communications has published its Q1 2026 quarterly earnings report on April 23, 2026.

2 months ago - Filings