Iridium Communications Inc. (IRDM)

Market Cap	7.50B
Revenue (ttm)	683.09M
Net Income (ttm)	3.65M
Shares Out	125.64M
EPS (ttm)	0.04
PE Ratio	1.00
Forward PE	833.33
Dividend	n/a
Ex-Dividend Date	Mar 14, 2023

Volume	121,893
Open	59.97
Previous Close	59.84
Day's Range	59.51 - 60.70
52-Week Range	31.73 - 62.48
Beta	1.11
Analysts	Buy
Price Target	62.73 (+4.94%)
Earnings Date	Feb 16, 2023

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 postpaid mobile voice and data satellite communications; prepaid mobile voice satellite communications; push-to-talk; broadband data; and Internet of Things (IoT) services. It also provides hosted payload and other data services, such as satellite time and location services, and inbound connections from the publi...

• Industry: Telecom Services
• Sector: Communication Services
• Founded: 2000
• Employees: 537
• Stock Exchange: NASDAQ
• Ticker Symbol: IRDM

Financial Performance

In 2021, IRDM's revenue was $614.50 million, an increase of 5.32% compared to the previous year's $583.44 million. Losses were -$9.32 million, -83.37% less than in 2020.

Analyst Forecast

According to 11 analysts, the average rating for IRDM stock is "Buy." The 12-month stock price forecast is $62.73, which is an increase of 4.94% from the latest price.

Price Target

$62.73

(4.94% upside)

Analyst Consensus: Buy