Iridium Communications Inc. (IRDM)

Market Cap	3.16B
Revenue (ttm)	830.68M
Net Income (ttm)	112.78M
Shares Out	108.84M
EPS (ttm)	0.94
PE Ratio	30.85
Forward PE	28.50
Dividend	$0.56 (1.93%)
Ex-Dividend Date	Mar 17, 2025

Volume	1,610,745
Open	28.30
Previous Close	28.19
Day's Range	28.15 - 29.12
52-Week Range	24.14 - 34.45
Beta	0.70
Analysts	Buy
Price Target	34.00 (+17.2%)
Earnings Date	Apr 17, 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 2 analysts, the average rating for IRDM stock is "Buy." The 12-month stock price forecast is $34.0, which is an increase of 17.20% from the latest price.

Price Target

$34.0

(17.20% upside)

Analyst Consensus: Buy