Home » Stocks » IRDM

Iridium Communications Inc. (IRDM)

Stock Price: $37.12 USD 0.26 (0.71%)
Updated May 18, 2021 2:27 PM EDT - Market open
Market Cap 4.83B
Revenue (ttm) 584.69M
Net Income (ttm) -29.54M
Shares Out 135.07M
EPS (ttm) -0.22
PE Ratio n/a
Forward PE n/a
Dividend n/a
Dividend Yield n/a
Trading Day May 18
Last Price $37.12
Previous Close $36.86
Change ($) 0.26
Change (%) 0.71%
Day's Open 36.00
Day's Range 36.00 - 37.57
Day's Volume 461,270
52-Week Range 21.55 - 54.65

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MCLEAN, Va., May 6, 2021 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) today announced that the Company will host a virtual Investor Day on Wednesday, May 26, 2021 from 8:30 a.m.

1 week ago - PRNewsWire

Here're top seven stock to buy that increasing depend on semiconductors The post 7 Stocks You May Not Know Depend on Semiconductors appeared first on InvestorPlace. More From InvestorPlace Why Everyone ...

Other stocks mentioned: BIDU, F, FDIS, LOUP, MSFT, PTON
1 week ago - InvestorPlace

Driven by solid business prospects, Iridium's (IRDM) first-quarter 2021 results reflect healthy demand for subscriber equipment and IoT devices on the back of an accretive subscriber base.

3 weeks ago - Zacks Investment Research

Iridium (IRDM) delivered earnings and revenue surprises of 20.00% and -0.19%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

4 weeks ago - Zacks Investment Research

Shares of Iridium Communications (NASDAQ:IRDM) were unchanged after the company reported Q1 results. Quarterly Results Earnings per share fell 300.00% over the past year to ($0.04), which beat the estim...

4 weeks ago - Benzinga

MCLEAN, Va., April 20, 2021 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") today reported financial results for the first quarter of 2021 and reiterated its full-year 2021 outlook.

4 weeks ago - PRNewsWire

Iridium (IRDM) teams up with Indonesia's government to deploy 500 Push-to-Talk devices. Its adoption will facilitate a real-time, cost-effective satellite communications across the country.

Other stocks mentioned: IRDMB
1 month ago - Zacks Investment Research

The Commercialization of Outer Space. If you're a science fiction fan, it's just plain fun that this is suddenly a real thing driving billions of dollars of investor speculation.

Other stocks mentioned: AJRD, BA, LMT, SPCE
1 month ago - OTC PR Wire

Iridium (IRDM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Other stocks mentioned: IRDMB
1 month ago - Zacks Investment Research

MCLEAN, Va., April 13, 2021 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) today announced that the Republic of Indonesia's government has adopted Iridium Push-to-Talk (PTT) devices to suppo...

1 month ago - PRNewsWire

Space stocks are hot, but with few companies generating revenues and valuations pushing into stellar territory, investors need to play it smart. The post The Investor's Guide to Space Stocks: 3 Companie...

Other stocks mentioned: LMT, MAXR
1 month ago - InvestorPlace

MCLEAN, Va., March 30, 2021 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") will host a conference call on Tuesday, April 20, 2021 at 8:30 a.m.

1 month ago - PRNewsWire

Top space stocks in the ARKX ETF are getting ready to blast off on Tuesday morning ahead of Cathie Wood's big fund debut. The post ARKX ETF Space Stocks: Why TRMB, KTOS, BA, LMT Stocks Are Fueling Up To...

Other stocks mentioned: ARKQ, JD, KTOS, LMT, SPCE, TRMB, TSLA
1 month ago - InvestorPlace

Cathie Wood's new ARKX ETF is a going public and providing a promising option for investors in a booming industry. The post ARKX ETF: The Top 10 Holdings in Cathie Wood's New Space ETF appeared first on...

Other stocks mentioned: BA, JD, KTOS, LHX, LMT, TRMB
1 month ago - InvestorPlace

Iridium (IRDM) reported earnings 30 days ago. What's next for the stock?

Other stocks mentioned: IRDMB
2 months ago - Zacks Investment Research

MCLEAN, Va., March 9, 2021 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) today announced that Tony Frazier has been elected to the Iridium Board of Directors, effective March 9, 2021.

2 months ago - PRNewsWire

Iridium (IRDM) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down...

Other stocks mentioned: IRDMB
2 months ago - Zacks Investment Research

Launching atop Blue Origin rockets, Telesat "Lightspeed" satellites will soon offer corporate customers a new way to access high-speed internet.

Other stocks mentioned: AMZN, LORL, VSAT
2 months ago - The Motley Fool

Iridium Communications' stock price is up over 400% since the start of 2016, but new competition is coming.

3 months ago - The Motley Fool

With the trading day roughly halfway over, the broad markets were sliding into the weekend.

Other stocks mentioned: ABNB, DUK, H, RCL, ACB, CARG, CYBR ...
3 months ago - 24/7 Wall Street

Iridium (IRDM) reports narrower loss in fourth-quarter 2020 on healthy subscriber additions backed by a resilient business model and portfolio strength.

Other stocks mentioned: IRDMB
3 months ago - Zacks Investment Research

Iridium (IRDM) delivered earnings and revenue surprises of 25.00% and 5.08%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Other stocks mentioned: IRDMB
3 months ago - Zacks Investment Research

Shares of Iridium Communications (NASDAQ:IRDM) rose 3.2% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share rose 92.68% over the past year to ($0.06), whic...

Other stocks mentioned: IRDMB
3 months ago - Benzinga

MCLEAN, Va., Feb. 11, 2021 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") today reported financial results for the fourth quarter of 2020 and issued its full-year 2021 guidance. ...

3 months ago - PRNewsWire

Strengthening Capital Position and Continued Opportunities for Growth Underscore Iridium's Financial Transformation MCLEAN, Va., Feb. 10, 2021 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ...

3 months ago - PRNewsWire

Space exploration and infrastructure projects are boosting the space industry, calling for investment in AeroVironment (AVAV), Leidos (LDOS), Iridium (IRDM), Virgin Galactic (SPCE) and Lockheed Martin (...

Other stocks mentioned: AVAV, LDOS, LMT, SPCE
3 months ago - Zacks Investment Research

MCLEAN, Va., Feb. 9, 2021 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) today announced the addition of Kyoritsu Radio Service Co., Ltd as an Iridium Certus® service provider. Through this a...

3 months ago - PRNewsWire

With the trading day about halfway over, the broad markets were each hitting new all-time highs.

Other stocks mentioned: BIDU, PINS, TSN, HSY, LOCO, LVS, MGM ...
3 months ago - 24/7 Wall Street

MCLEAN, Va., Jan. 21, 2021 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") will host a conference call on Thursday, February 11, 2021 at 8:30 a.m. Eastern Time (ET) to discuss the...

3 months ago - PRNewsWire

The past year has been a wild time for Iridium Communications, as shares of the firm have soared. Management continues to provide improved outlooks for the firm and its fundamental condition is solid.

Other stocks mentioned: IRDMB
4 months ago - Seeking Alpha

Procure Space ETF (UFO) jumped 5.7% on Jan 14 as Cathie Wood's ARK Investment Management filed for a space ETF.

Other stocks mentioned: ARKF, ARKG, ARKK, ARKQ, ARKW, LORL, MAXR ...
4 months ago - Zacks Investment Research

Cathie Wood launches space ETF, stocks rip higher

YouTube video

CNBC's "Closing Bell" team breaks down what investors should know about the new space exploration ETF.

Other stocks mentioned: MAXR, ORBC, SPCE
4 months ago - CNBC Television

Concord, Ontario, January 11, 2021 – Ultrack Systems Inc. (OTC US: MJLB), a total fleet-management GPS tracking and monitoring solution provider, is pleased to announce that the Company has entered into...

Other stocks mentioned: IRDMB, MJLB
4 months ago - OTC PR Wire

Iridium's (IRDM) Edge Solar is a standalone and programmable, solar-powered device with Bluetooth capability for wireless sensor integration and local device connectivity.

Other stocks mentioned: IRDMB
4 months ago - Zacks Investment Research

There has been plenty of completed SPAC merger news in 2020 as more companies use it to go public and we're looking at the top performers. The post Completed SPAC Mergers 2020: 10 Top Performing SPACs o...

Other stocks mentioned: AHCO, BWMX, DKNG, IMVT, LPRO, MP, QS ...
4 months ago - InvestorPlace

The Global Maritime Distress and Safety System (GMDSS) now covers 100% of the globe with real-time satellite connectivity for the first time MCLEAN, Va., Dec. 15, 2020 /PRNewswire/ -- Iridium Communicat...

5 months ago - PRNewsWire

MCLEAN, Va., Dec. 15, 2020 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") is hosting a virtual press conference this morning (Tuesday, December 15) at 9:00 a.m. Eastern Time (ET)...

5 months ago - PRNewsWire

Iridium (IRDM) reported earnings 30 days ago. What's next for the stock?

Other stocks mentioned: IRDMB
5 months ago - Zacks Investment Research

Does Iridium Communications (IRDM) have what it takes to be a top stock pick for momentum investors? Let's find out.

Other stocks mentioned: IRDMB
6 months ago - Zacks Investment Research

MCLEAN, Va., Nov. 11, 2020 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) today announced that Kobelco Construction Machinery Co., Ltd. (KCM), a leading original equipment manufacturer (OEM),...

6 months ago - PRNewsWire

Iridium Communications increased full-year guidance again, and is now well into free-cash-flow-positive territory.

6 months ago - The Motley Fool

Iridium's (IRDM) third-quarter 2020 results reflect growing subscriber base and higher service revenues with robust subscriber equipment demand.

Other stocks mentioned: IRDMB
6 months ago - Zacks Investment Research

Iridium Communications' (IRDM) CEO Matt Desch on Q3 2020 Results - Earnings Call Transcript

Other stocks mentioned: IRDMB
6 months ago - Seeking Alpha

Iridium (IRDM) delivered earnings and revenue surprises of 75.00% and 9.55%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Other stocks mentioned: IRDMB
6 months ago - Zacks Investment Research

Shares of Iridium Communications (NASDAQ:IRDM) remained unaffected after the company reported Q3 results. Quarterly Results Earnings per share increased 78.57% year over year to ($0.03), which beat the ...

Other stocks mentioned: IRDMB
6 months ago - Benzinga

MCLEAN, Va., Oct. 20, 2020 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") today reported financial results for the third quarter of 2020 and updated its full-year 2020 outlook. N...

6 months ago - PRNewsWire

3 Satellite Stocks That Hold Promise Amid Industry Challenges

Other stocks mentioned: MAXR, SATS
7 months ago - Zacks Investment Research

Iridium Communications rose Phoenix-like from the ashes of its bankrupt namesake. The company has endured heavy capex and heavy losses whilst it lofted a new satellite fleet.

Other stocks mentioned: IRDMB
7 months ago - Seeking Alpha

Iridium (IRDM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Other stocks mentioned: IRDMB
7 months ago - Zacks Investment Research

MCLEAN, Va., Oct. 7, 2020 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM), whose technology provides connections beyond where terrestrial cell phones are used, today announced their data show...

7 months ago - PRNewsWire

About IRDM

Iridium Communications Inc. provides mobile voice and data communications services and product to businesses, the United States and foreign 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 other services, such as inbound connections from the public switched telephone network, short message, subscriber identity module, ... [Read more...]

Industry
Telecom Services
Founded
2000
CEO
Matthew Desch
Employees
516
Stock Exchange
NASDAQ
Ticker Symbol
IRDM
Full Company Profile

Financial Performance

In 2020, IRDM's revenue was $583.44 million, an increase of 4.10% compared to the previous year's $560.44 million. Losses were -$56.05 million, -65.40% less than in 2019.

Financial Statements

Analyst Forecasts

According to 5 analysts, the average rating for IRDM stock is "Buy." The 12-month stock price forecast is 38.38, which is an increase of 3.39% from the latest price.

Price Target
$38.38
(3.39% upside)
Analyst Consensus: Buy