Iridium Communications Inc. (IRDM)

NASDAQ: IRDM · Real-Time Price · USD
23.74
-0.35 (-1.45%)
Aug 7, 2025, 4:00 PM - Market closed
-1.45%
Market Cap2.52B
Revenue (ttm)857.55M
Net Income (ttm)113.17M
Shares Out 106.11M
EPS (ttm)1.00
PE Ratio23.65
Forward PE24.09
Dividend$0.60 (2.53%)
Ex-Dividend DateSep 15, 2025
Volume1,632,440
Open24.10
Previous Close24.09
Day's Range23.21 - 24.32
52-Week Range19.91 - 35.85
Beta0.76
AnalystsBuy
Price Target33.20 (+39.85%)
Earnings DateJul 24, 2025

About EDR

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... [Read more]

Founded 2000
Employees 881
Stock Exchange NASDAQ
Ticker Symbol IRDM
Full Company Profile

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%.

Financial Statements

Analyst Summary

According to 5 analysts, the average rating for IRDM stock is "Buy." The 12-month stock price target is $33.2, which is an increase of 39.85% from the latest price.

Price Target
$33.2
(39.85% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Iridium to Participate in the Oppenheimer 28th Annual Technology, Internet & Communications Conference

MCLEAN, Va. , Aug. 7, 2025 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, today announced that Company ex...

15 hours ago - PRNewsWire

Iridium Communications Inc. (IRDM) Q2 2025 Earnings Call Transcript

Iridium Communications Inc. (NASDAQ:IRDM) Q2 2025 Earnings Conference Call July 24, 2025 8:30 AM ET Company Participants Kenneth B. Levy - Vice President of Investor Relations Matthew J.

14 days ago - Seeking Alpha

Iridium Announces Second Quarter 2025 Results; Updates Full-Year Outlook

MCLEAN, Va. , July 24, 2025 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, today reported financial result...

14 days ago - PRNewsWire

The Best Growth Stocks to Buy

Growth stocks can create significant returns for investors, but what are they and how do you find the best ones? We take a closer look here.

4 weeks ago - Kiplinger

Iridium Announces Release Date for Second-Quarter 2025 Financial Results

MCLEAN, Va. , July 3, 2025 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, will host a conference call on ...

5 weeks ago - PRNewsWire

Iridium Names Monique Shivanandan to Board of Directors

MCLEAN, Va. , June 17, 2025 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM), a leading provider of global voice and data satellite communications, today announced the appointment of Monique...

7 weeks ago - PRNewsWire

New Iridium Raises $2.65M in Seed Funding to Accelerate Sustainable Chemical Platform

DENVER, June 11, 2025 (GLOBE NEWSWIRE) -- New Iridium, a sustainable chemical innovation company pioneering low-carbon and clean chemistry technologies, today announced it has raised $2.65 million in ...

2 months ago - GlobeNewsWire

New Iridium Chat App Enables Unlimited Global Messaging via Iridium GO! exec

Iridium Chat app debuts alongside new Iridium GO! exec unlimited plan built for data intensive applications from the field MCLEAN, Va.

2 months ago - PRNewsWire

Iridium and Syniverse Partner to Bring Direct-to-Device Satellite Connectivity to Mobile Network Operators Worldwide

MCLEAN, Va. , May 29, 2025 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM), a leading provider of global voice and data satellite communications, today announced a new partnership with Syni...

2 months ago - PRNewsWire

Undercovered Dozen: Gevo, Eledon, Dorian, Iridium +

The 'Undercovered' Dozen series highlights 12 lesser-covered stocks, offering potential investment ideas and sparking community discussion. Aeluma, Inc. is a speculative microcap with game-changing se...

Other symbols: GEVOELDNLPG
3 months ago - Seeking Alpha

Iridium Equips 9603 Module with Enhanced Short Burst Data Capabilities for Government Users

MCLEAN, Va. , May 6, 2025 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM), a leading provider of global voice and data satellite communications, today announced a special U.S. government ve...

3 months ago - PRNewsWire

Why I disagree with Cathie Wood's bullish stance on Iridium stock

Famed investor Cathie Wood recently parked nearly $10 million in the McLean-based Iridium Communications Inc. (NASDAQ: IRDM). Wood, the founder and chief executive of Ark Invest, loaded up on more tha...

3 months ago - Invezz

Iridium Communications: Shares Deserve To Fly To The Exosphere (Rating Upgrade)

Iridium Communications' stock has dropped 27.9% since February, presenting a buying opportunity despite broader market declines and economic concerns. The company reported solid revenue growth, with c...

3 months ago - Seeking Alpha

Iridium Communications Inc. (IRDM) Q1 2025 Earnings Call Transcript

Iridium Communications Inc. (NASDAQ:IRDM) Q1 2025 Results Conference Call April 22, 2025 8:30 AM ET Company Participants Ken Levy - Vice President, Investor Relations Matt Desch - Chief Executive Off...

3 months ago - Seeking Alpha

Iridium Announces First Quarter 2025 Results

MCLEAN, Va. , April 22, 2025 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, today reported financial resul...

3 months ago - PRNewsWire

Top 3 Tech And Telecom Stocks You'll Regret Missing This Month

The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies.

Other symbols: AMCTHRY
4 months ago - Benzinga

Iridium Announces Release Date for First-Quarter 2025 Financial Results

MCLEAN, Va. , March 31, 2025 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, will host a conference call o...

4 months ago - PRNewsWire

Empowering Relief Efforts: Iridium Partners with World Central Kitchen

MCLEAN, Va. , March 12, 2025 /PRNewswire/ -- Iridium Communications Inc.  (Nasdaq: IRDM) a leading provider of global voice and data satellite communications, today announced a strategic partnership w...

5 months ago - PRNewsWire

Iridium Enables Global Connectivity for Heimdall Power Grid Sensors

Utilizing the Iridium Certus 9704 module, Heimdall Power's Neuron device allows grid operators to monitor and manage the grid more effectively MCLEAN, Va. , March 11, 2025 /PRNewswire/ -- Iridium Comm...

5 months ago - PRNewsWire

Iridium to Participate in Investor Conferences

MCLEAN, Va. , Feb. 26, 2025 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, today announced that Company e...

5 months ago - PRNewsWire

Iridium Communications Soars (And Deserves To Climb More) After Strong Q4 Results

Iridium Communications Inc.'s Q4 2024 results exceeded expectations, with revenue up 9.4% year-over-year and favorable 2025 guidance, driving a 15% stock surge. The company continues to generate signi...

6 months ago - Seeking Alpha

Iridium Communications: A Post-Earnings Assessment

Iridium Communications Inc. just reported better-than-expected Q4 earnings, driving shares higher and the stock is potentially breaking out of its recent trading range. The company rewarded its shareh...

6 months ago - Seeking Alpha

Iridium Communications Inc. (IRDM) Q4 2024 Earnings Call Transcript

Iridium Communications Inc. (NASDAQ:IRDM) Q4 2024 Results Conference Call February 13, 2025 8:30 AM ET Company Participants Ken Levy - Vice President, Investor Relations Matt Desch - Chief Executive ...

6 months ago - Seeking Alpha

Iridium Announces 2024 Results, Issues 2025 Outlook

Returned a record $469 million to shareholders in 2024 MCLEAN, Va. , Feb. 13, 2025 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") today reported financial results for the fourth...

6 months ago - PRNewsWire

Calicat Breaks the 2V Barrier with Zero-Iridium PEM Electrolyzer Catalyst

CHATSWORTH, Calif.--(BUSINESS WIRE)--Calicat breaks performance milestone of 2V for zero-iridium "Amplifier" PEM electrolyzer catalyst.

6 months ago - Business Wire