Iridium Communications Inc. (IRDM)

NASDAQ: IRDM · Real-Time Price · USD
30.04
+0.53 (1.80%)
At close: Jun 27, 2025, 4:00 PM
30.00
-0.04 (-0.13%)
After-hours: Jun 27, 2025, 5:36 PM EDT
1.80%
Market Cap 3.25B
Revenue (ttm) 841.71M
Net Income (ttm) 123.54M
Shares Out 108.16M
EPS (ttm) 1.05
PE Ratio 28.53
Forward PE 27.27
Dividend $0.56 (1.86%)
Ex-Dividend Date Jun 13, 2025
Volume 2,400,718
Open 29.72
Previous Close 29.51
Day's Range 29.56 - 30.29
52-Week Range 19.91 - 35.85
Beta 0.75
Analysts Buy
Price Target 32.33 (+7.62%)
Earnings Date Jul 22, 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... [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 Forecast

According to 3 analysts, the average rating for IRDM stock is "Buy." The 12-month stock price forecast is $32.33, which is an increase of 7.62% from the latest price.

Price Target
$32.33
(7.62% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

10 days 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 ...

16 days 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.

24 days 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...

4 weeks 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
7 weeks 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...

7 weeks 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...

2 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...

2 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...

2 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...

2 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
3 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...

3 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...

3 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...

3 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...

4 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...

4 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...

4 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 ...

4 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...

4 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.

4 months ago - Business Wire

Iridium Announces Release Date for Fourth-Quarter and Full Year 2024 Financial Results

MCLEAN, Va. , Jan. 23, 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 months ago - PRNewsWire

Iridium to Participate at 27th Annual Needham Growth Conference

MCLEAN, Va. , Jan. 2, 2025 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, today announced that Company ex...

6 months ago - PRNewsWire

Blynk Selected by Iridium as Pre-Integrated Software Solution for their New Satellite IoT Development Kit

MIAMI , Dec. 12, 2024 /PRNewswire/ -- Blynk, the leading Low-Code IoT SaaS platform, has partnered with Iridium Communications Inc. (NASDAQ: IRDM), a leading provider of global voice and data satellit...

7 months ago - PRNewsWire

Iridium Transforms Satellite IoT with the Launch of Revolutionary Iridium Certus 9704 Module

The new module is supported by the Iridium Certus 9704 Development Kit, and is ideal for data, audio messages and image transfers, while positioning companies as more future ready in anticipation of S...

7 months ago - PRNewsWire

Global Maritime Safety Enters New Era with the Launch of Iridium Certus GMDSS

MCLEAN, Va. , Dec. 11, 2024 /PRNewswire/ -- Iridium Communications Inc.  (Nasdaq: IRDM) today announced the service launch of Iridium Certus® GMDSS, a generational advancement in maritime satellite co...

7 months ago - PRNewsWire