Iridium Communications Inc. (IRDM)

Market Cap	2.85B
Revenue (ttm)	841.71M
Net Income (ttm)	123.54M
Shares Out	108.16M
EPS (ttm)	1.05
PE Ratio	24.95
Forward PE	23.86
Dividend	$0.56 (2.13%)
Ex-Dividend Date	Mar 17, 2025

Volume	727,860
Open	25.57
Previous Close	25.77
Day's Range	25.49 - 26.38
52-Week Range	19.91 - 35.85
Beta	0.75
Analysts	Buy
Price Target	32.33 (+22.6%)
Earnings Date	Apr 22, 2025

About IRDM

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 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 other data services; and other dat...

• Industry: Telecom Services
• Sector: Communication Services
• Founded: 2000
• Employees: 881
• Stock Exchange: NASDAQ
• Ticker Symbol: IRDM
• Website: https://www.iridium.com

Financial Performance

In 2024, Iridium Communications's revenue was $830.68 million, an increase of 5.05% compared to the previous year's $790.72 million. Earnings were $112.78 million, an increase of 631.60%.

Analyst Forecast

According to 3 analysts, the average rating for IRDM stock is "Buy." The 12-month stock price forecast is $32.33, which is an increase of 22.60% from the latest price.

Price Target

$32.33

(22.60% upside)

Analyst Consensus: Buy