Iridium Communications Inc. (IRDM)
| Market Cap | 4.98B +43.5% |
| Revenue (ttm) | 884.17M +3.1% |
| Net Income | 93.27M -17.6% |
| EPS | 0.87 -13.4% |
| Shares Out | 105.96M |
| PE Ratio | 54.01 |
| Forward PE | 36.96 |
| Dividend | $0.60 (1.28%) |
| Ex-Dividend Date | Jun 15, 2026 |
| Volume | 1,479,311 |
| Open | 47.09 |
| Previous Close | 47.24 |
| Day's Range | 46.77 - 48.43 |
| 52-Week Range | 15.65 - 57.18 |
| Beta | 0.88 |
| Analysts | Buy |
| Price Target | 42.00 (-10.64%) |
| Earnings Date | Jul 22, 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]
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 StatementsAnalyst Summary
According to 8 analysts, the average rating for IRDM stock is "Buy." The 12-month stock price target is $42.0, which is a decrease of -10.64% from the latest price.
News
Iridium upgraded to Buy from Neutral at New Street
New Street upgraded Iridium (IRDM) to Buy from Neutral.
Iridium reports Q2 EPS 9c with items, consensus 29c
Reports Q2 revenue $225.24M, consensus $220.45M. Q2 EPS includes Rocket Lab Corporation transaction costs. “Iridium’s (IRDM) global network and expanding service portfolio continues to be the gold sta...
Iridium Announces Second Quarter 2026 Results
Provides update on strategic initiatives; Pending acquisition by Rocket Lab expected to close in mid-2027 MCLEAN, Va., July 22, 2026 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridiu...
Iridium Communications Quarterly report: Q2 2026
Iridium Communications has published its Q2 2026 quarterly earnings report on July 22, 2026.
Iridium Communications Earnings release: Q2 2026
Iridium Communications released its Q2 2026 earnings on July 22, 2026, summarizing the period's financial results.
Iridium Announces Commercial Availability of Iridium PNT ASIC, Bringing Resilient GNSS Protection to Devices Worldwide
Ultra-compact chip delivers trusted positioning, navigation, and timing resilience amid rising spoofing and jamming threats MCLEAN, Va., July 14, 2026 /PRNewswire/ -- Iridium Communications Inc. (Nasd...
Iridium Announces Release Date for Second-Quarter 2026 Financial Results
MCLEAN, Va., July 9, 2026 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium"), a leading provider of global voice, data, and positioning, navigation, and timing (PNT) satellite serv...
Blue Origin Is Raising Cash at a Big Valuation—But Space Stocks Continue to Struggle Post-SpaceX IPO
Big investors just put a pile of money into Jeff Bezos' rocket company. Shouldn't that be good for space stocks?
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., July 06, 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...
Iridium completes acquisition of Aireon
Iridium (IRDM) Communications announced that it has completed its acquisition of Aireon. As part of Iridium, Aireon will continue operating as a wholly owned subsidiary focused on delivering industry-...
Iridium Completes Acquisition of Aireon
MCLEAN, Va., July 6, 2026 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM), a leading provider of global voice, data, and positioning, navigation, and timing (PNT) satellite services, announ...
Rocket Lab Stock (RKLB) Surges as Top BofA Analyst Cheers Iridium Deal
Rocket Lab ($RKLB) stock gained over 3% on Tuesday as analysts continued to praise its plan to buy Iridium Communications ($IRDM). The latest lift came from Bank of America analyst…
Rocket Lab Stock Surges as Iridium Deal Feeds Market Appetite for Space
Wall Street likes Rocket Lab's decision to buy Iridium Communications.
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.
Iridium price target raised to $54 from $26 at Morgan Stanley
Morgan Stanley analyst Justin Lang raised the firm’s price target on Iridium (IRDM) to $54 from $26 and keeps an Equal Weight rating on the shares after the company announced…
Monday's Final Takeaways: RKLB & Major Investments
Marley Kayden breaks down Rocket Lab's (RKLB) $8 billion acquisition of Iridium Communications (IRDM), while Sam Vadas highlights major investment moves from SK Hynix and Samsung. ======== Schwab Netw...
Rocket Lab’s (RKLB) Iridium Acquisition Adds the Cash Flow It Was Missing
Rocket Lab’s ($RKLB) planned $8 billion acquisition of Iridium ($IRDM) fundamentally changes the rocket company’s financial profile by adding a profitable, recurring-revenue satellite communications b...
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...
Why Rocket Lab’s (RKLB) $8B Iridium Deal Is Not a Shot at SpaceX (SPCX)
Shares in Rocket Lab ($RKLB), a custom satellite and spacecraft component manufacturer, climbed about 16% on Monday. This followed the company’s $8 billion deal to take over Iridium Communications ($I...
Deal positions Rocket Lab as vertically integrated space platform, says Stifel
After Rocket Lab (RKLB) announced a planned “transformative” acquisition of Iridium (IRDM), Stifel analyst Erik Rasmussen sees the deal positioning the company as a fully vertically integrated space p...
Rocket Lab not competing against Starlink with Iridium deal, says Craig-Hallum
After Rocket Lab (RKLB) agreed to acquire Iridium (IRDM) in an $8B deal, Craig-Hallum said he believes that the notion that the move positions Rocket Lab to compete with SpaceX’s…
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...
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....
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.