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IRDM Overview

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0.000(0.000%)
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0.000(0.000%)Aft-market
ET
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0.000
0.000(0.000%)
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0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
43.977
Open
43.250
VWAP
42.84
Vol
1.65M
Mkt Cap
4.59B
Low
40.960
Amount
70.57M
EV/EBITDA(TTM)
13.79
Total Shares
105.73M
EV
6.05B
EV/OCF(TTM)
14.73
P/S(TTM)
5.06
Iridium Communications Inc. is a provider of global voice, data, and positioning, navigation and timing (PNT) satellite services. The Company is a commercial provider of communications services offering true global coverage, connecting people, organizations and assets to and from anywhere, in real time. Its principal vertical lines of business include land mobile, maritime, aviation, Internet of things (IoT), hosted payloads and other data services, which includes navigation and timing (PNT), and the United States government. Its handset offerings include Iridium 9555, Iridium Extreme, Iridium Extreme PTT, Iridium GO!, and Iridium GO! Exec. The Company's primary business is to provide voice and data communications services to businesses, the United States and foreign governments, non-governmental organizations, and consumers via our satellite network, which has an architecture of over 66 operational satellites with in-orbit spares and related ground infrastructure.
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Events Timeline

(ET)
2026-05-14
07:10:00
Iridium Acquires 61% Stake in Aireon for Approximately $366.7 Million
select
2026-04-23 (ET)
2026-04-23
09:40:00
Iridium Trading Halted, Volatility Trading Pause
select

News

seekingalpha
8.5
05-14seekingalpha
Iridium Communications to Acquire Remaining 61% of Aireon for $366.7M
  • Acquisition Overview: Iridium Communications has agreed to acquire the remaining 61% equity interests of Aireon for approximately $366.7 million, with 50% of the purchase price paid at closing and the remaining 50% due one year later, reflecting the company's confidence in future growth.
  • Debt Assumption: Iridium will assume Aireon's outstanding debt of about $155 million, indicating a comprehensive approach to the acquisition that prioritizes overall financial health, with plans to fund the purchase through current liquidity and future cash from operations.
  • Revenue Growth Expectations: Aireon's total revenue has grown at a compound annual growth rate of 10% over the past three years, and Iridium anticipates that the acquisition will generate at least an additional $100 million in service revenue and $30 million in OEBITDA annually, enhancing its competitive position.
  • Strategic Implications: This acquisition will enable Iridium to capture a larger market share in the world's only space-based Automatic Dependent Surveillance-Broadcast (ADS-B) air traffic surveillance system, which is expected to drive future growth and profitability for the company.
PRnewswire
8.5
05-14PRnewswire
Iridium Acquires Aireon to Enhance Aviation Safety
  • Acquisition Overview: Iridium Communications announced the acquisition of Aireon LLC for approximately $366.7 million, which operates the world's only space-based air traffic surveillance system, enhancing Iridium's strategic position in aviation safety.
  • Market Impact: The acquisition is expected to add at least $100 million in service revenue and $30 million in OEBITDA annually, reflecting Aireon's 10% compound annual growth rate over the past three years, further solidifying Iridium's market leadership.
  • Technological Integration Benefits: By integrating Aireon's surveillance and data services with Iridium's global satellite communication network, Iridium will provide four critical aviation capabilities, including GPS jamming detection, thereby enhancing global aviation safety and efficiency.
  • Future Development Potential: This transaction positions Iridium to develop new technologies such as space-based VHF communications, driving innovation and growth in the aviation industry, ensuring a competitive edge in the face of increasing air traffic.
stocktwits
8.5
04-24stocktwits
FCC Rejects Expansion of Satellite Spectrum Access
  • FCC Decision Impacts Market: The FCC's rejection of requests from satellite operators, including AST SpaceMobile, to expand access to the 1.5 GHz and 2 GHz bands confirms existing control, limiting AST's expansion plans and potentially diminishing its competitive edge in the market.
  • Stock Price Decline: AST SpaceMobile's shares have dropped 8% this week, closing at $78.75 on Thursday, reflecting cautious investor sentiment in response to the FCC ruling, particularly as competition with SpaceX and Amazon intensifies.
  • Satellite Launch Progress: Despite FCC restrictions, AST SpaceMobile continues to advance its next-generation satellites, with BlueBird-8 through BlueBird-10 expected to be ready for shipment within 30 days, demonstrating the company's ongoing commitment to technological development.
  • Mixed Investor Sentiment: While retail sentiment for ASTS remains bullish, concerns about the stock price persist, with users on social media expressing disappointment over the lack of a clear launch schedule, which could impact future investment decisions.
seekingalpha
9.5
04-23seekingalpha
Iridium Communications Q1 2026 Earnings Call Insights
  • Stable Revenue Growth: Iridium Communications reported a 2% increase in total revenue and service revenue in Q1 2026, indicating stable performance in the market despite competitive pressures.
  • New Product Launch: The company plans to launch the new TriMode module, Iridium 9604, in June, which integrates short burst data IoT service, cellular IoT, and GPS, expected to simplify the product portfolio and reduce sustainment costs, enhancing market competitiveness.
  • OEBITDA Performance: The OEBITDA for Q1 stood at $116.3 million, down 5% year-over-year, with an anticipated annual impact of $17 million in 2026, reflecting challenges in cost management.
  • Future Outlook: Iridium reaffirmed its guidance for 2026 service revenue and OEBITDA, expecting service revenue to grow flat to 2% and OEBITDA to range between $480 million and $490 million, demonstrating management's confidence in future performance.
PRnewswire
9.5
04-23PRnewswire
Iridium Reports Q1 2026 Financial Results with Strong Subscriber Growth
  • Revenue Growth: Iridium reported total revenue of $219.1 million for Q1 2026, comprising $158.0 million in service revenue and $61.0 million from equipment sales and engineering support, reflecting a 2% increase compared to the same period in 2025, indicating stable performance in expanding its customer base.
  • Net Income Decline: The net income for the first quarter was $21.6 million, or $0.20 per diluted share, down from $30.4 million and $0.27 per share in Q1 2025, primarily due to increased expenses from a change in the annual incentive compensation payment method, which impacted operational profitability.
  • Subscriber Growth: As of the end of Q1 2026, Iridium had 2.555 million total billable subscribers, up 5% year-over-year, highlighting strong growth in the commercial IoT sector and reinforcing its market position in satellite communications.
  • Capital Expenditures and Dividends: The company incurred capital expenditures of $30 million in Q1, with a net debt of $1.7 billion, while also paying a dividend of $0.15 per share on March 31, totaling $16.5 million, demonstrating a commitment to shareholder returns amidst ongoing investments.
seekingalpha
9.5
04-23seekingalpha
Iridium Communications Q1 Earnings Analysis
  • Earnings Performance: Iridium Communications reported a Q1 GAAP EPS of $0.20, missing expectations by $0.08, indicating pressure on profitability that may affect investor confidence.
  • Revenue Growth: The company achieved revenue of $219.1 million in Q1, reflecting a 2.0% year-over-year increase, aligning with market expectations and indicating stable growth in the commercial IoT sector.
  • Subscriber Growth: Total billable subscribers reached 2.555 million in Q1, up 5% from 2.443 million a year ago, showcasing strong demand in the commercial IoT market.
  • Long-Term Outlook: The company reiterated its full-year 2026 service revenue guidance of flat to 2% growth, demonstrating confidence in future revenue stability despite 2025 service revenue being $634 million.
Wall Street analysts forecast IRDM stock price to rise
7 Analyst Rating
Wall Street analysts forecast IRDM stock price to rise
4 Buy
2 Hold
1 Sell
Moderate Buy
Current: 0.000
sliders
Low
16.00
Averages
25.83
High
37.00
Current: 0.000
sliders
Low
16.00
Averages
25.83
High
37.00
New Street
Neutral
initiated
$40
AI Analysis
2026-05-13
Reason
New Street
Price Target
$40
AI Analysis
2026-05-13
initiated
Neutral
Reason
New Street initiated coverage of Iridium with a Neutral rating and $40 price target.
Deutsche Bank
NULL
to
Buy
upgrade
$28 -> $45
2026-04-24
Reason
Deutsche Bank
Price Target
$28 -> $45
2026-04-24
upgrade
NULL
to
Buy
Reason
Deutsche Bank raised the firm's price target on Iridium to $45 from $28 and keeps a Buy rating on the shares.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for IRDM
Unlock Now

Valuation Metrics

The current forward P/E ratio for Iridium Communications Inc (IRDM.O) is 39.06, compared to its 5-year average forward P/E of -47.17. For a more detailed relative valuation and DCF analysis to assess Iridium Communications Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-47.17
Current PE
39.06
Overvalued PE
656.76
Undervalued PE
-751.10

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
13.44
Current EV/EBITDA
10.12
Overvalued EV/EBITDA
17.42
Undervalued EV/EBITDA
9.46

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
5.96
Current PS
4.80
Overvalued PS
8.43
Undervalued PS
3.48

Financials

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Whales Holding IRDM

A
ARK Investment Management LLC
Holding
IRDM
+9.34%
3M Return

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Frequently Asked Questions

What is Iridium Communications Inc (IRDM) stock price today?

The current price of IRDM is 43.57 USD — it has increased 0.39

What is Iridium Communications Inc (IRDM)'s business?

Iridium Communications Inc. is a provider of global voice, data, and positioning, navigation and timing (PNT) satellite services. The Company is a commercial provider of communications services offering true global coverage, connecting people, organizations and assets to and from anywhere, in real time. Its principal vertical lines of business include land mobile, maritime, aviation, Internet of things (IoT), hosted payloads and other data services, which includes navigation and timing (PNT), and the United States government. Its handset offerings include Iridium 9555, Iridium Extreme, Iridium Extreme PTT, Iridium GO!, and Iridium GO! Exec. The Company's primary business is to provide voice and data communications services to businesses, the United States and foreign governments, non-governmental organizations, and consumers via our satellite network, which has an architecture of over 66 operational satellites with in-orbit spares and related ground infrastructure.

What is the price predicton of IRDM Stock?

Wall Street analysts forecast IRDM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for IRDM is25.83 USD with a low forecast of 16.00 USD and a high forecast of 37.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Iridium Communications Inc (IRDM)'s revenue for the last quarter?

Iridium Communications Inc revenue for the last quarter amounts to 219.06M USD, increased 1.94

What is Iridium Communications Inc (IRDM)'s earnings per share (EPS) for the last quarter?

Iridium Communications Inc. EPS for the last quarter amounts to 0.20 USD, decreased -25.93

How many employees does Iridium Communications Inc (IRDM). have?

Iridium Communications Inc (IRDM) has 975 emplpoyees as of May 20 2026.

What is Iridium Communications Inc (IRDM) market cap?

Today IRDM has the market capitalization of 4.59B USD.