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Iridium Communications NasdaqGS:IRDM Stock Report

Last Price

US$28.75

Market Cap

US$3.3b

7D

-7.3%

1Y

-18.6%

Updated

02 Feb, 2025

Data

Company Financials +

Iridium Communications Inc.

NasdaqGS:IRDM Stock Report

Market Cap: US$3.3b

IRDM Stock Overview

Provides mobile voice and data communications services and products to businesses, the United States and international governments, non-governmental organizations, and consumers worldwide. More details

IRDM fundamental analysis
Snowflake Score
Valuation4/6
Future Growth2/6
Past Performance3/6
Financial Health2/6
Dividends3/6

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Iridium Communications Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Iridium Communications
Historical stock prices
Current Share PriceUS$28.75
52 Week HighUS$36.32
52 Week LowUS$24.14
Beta0.65
1 Month Change-4.45%
3 Month Change-2.77%
1 Year Change-18.56%
3 Year Change-10.27%
5 Year Change2.28%
Change since IPO216.63%

Recent News & Updates

Iridium Communications Inc.'s (NASDAQ:IRDM) Share Price Not Quite Adding Up

Jan 24
Iridium Communications Inc.'s (NASDAQ:IRDM) Share Price Not Quite Adding Up

Investors Will Want Iridium Communications' (NASDAQ:IRDM) Growth In ROCE To Persist

Jan 03
Investors Will Want Iridium Communications' (NASDAQ:IRDM) Growth In ROCE To Persist

Iridium: Free Cash Flow And Buybacks Supporting The Stock For Now

Dec 05

Recent updates

Iridium Communications Inc.'s (NASDAQ:IRDM) Share Price Not Quite Adding Up

Jan 24
Iridium Communications Inc.'s (NASDAQ:IRDM) Share Price Not Quite Adding Up

Investors Will Want Iridium Communications' (NASDAQ:IRDM) Growth In ROCE To Persist

Jan 03
Investors Will Want Iridium Communications' (NASDAQ:IRDM) Growth In ROCE To Persist

Iridium: Free Cash Flow And Buybacks Supporting The Stock For Now

Dec 05

Iridium Communications (NASDAQ:IRDM) Has A Pretty Healthy Balance Sheet

Dec 03
Iridium Communications (NASDAQ:IRDM) Has A Pretty Healthy Balance Sheet

Iridium Communications: Still A Solid Long-Term Play On Steady Growth

Oct 09

Iridium Communications Inc.'s (NASDAQ:IRDM) Shareholders Might Be Looking For Exit

Oct 04
Iridium Communications Inc.'s (NASDAQ:IRDM) Shareholders Might Be Looking For Exit

Returns At Iridium Communications (NASDAQ:IRDM) Are On The Way Up

Sep 13
Returns At Iridium Communications (NASDAQ:IRDM) Are On The Way Up

Does Iridium Communications (NASDAQ:IRDM) Have A Healthy Balance Sheet?

Aug 23
Does Iridium Communications (NASDAQ:IRDM) Have A Healthy Balance Sheet?

Iridium Communications Has Come Back Down To Earth

Jul 12

Iridium: Facing A Shifting Competitive Landscape

Jul 03

Some Shareholders Feeling Restless Over Iridium Communications Inc.'s (NASDAQ:IRDM) P/S Ratio

Jun 27
Some Shareholders Feeling Restless Over Iridium Communications Inc.'s (NASDAQ:IRDM) P/S Ratio

Iridium Communications (NASDAQ:IRDM) Is Increasing Its Dividend To $0.14

May 28
Iridium Communications (NASDAQ:IRDM) Is Increasing Its Dividend To $0.14

Iridium Communications (NASDAQ:IRDM) Might Have The Makings Of A Multi-Bagger

May 25
Iridium Communications (NASDAQ:IRDM) Might Have The Makings Of A Multi-Bagger

Iridium Communications Is A Momentum Buy On Forward Growth Potential

Apr 25

Iridium Communications (NASDAQ:IRDM) Has A Pretty Healthy Balance Sheet

Mar 24
Iridium Communications (NASDAQ:IRDM) Has A Pretty Healthy Balance Sheet

Iridium Communications Is Nearing Buy Territory

Feb 26

Solid Earnings Reflect Iridium Communications' (NASDAQ:IRDM) Strength As A Business

Feb 22
Solid Earnings Reflect Iridium Communications' (NASDAQ:IRDM) Strength As A Business

Some Shareholders Feeling Restless Over Iridium Communications Inc.'s (NASDAQ:IRDM) P/S Ratio

Feb 05
Some Shareholders Feeling Restless Over Iridium Communications Inc.'s (NASDAQ:IRDM) P/S Ratio

We Like These Underlying Return On Capital Trends At Iridium Communications (NASDAQ:IRDM)

Jan 21
We Like These Underlying Return On Capital Trends At Iridium Communications (NASDAQ:IRDM)

Is Iridium Communications Inc. (NASDAQ:IRDM) Potentially Undervalued?

Jan 05
Is Iridium Communications Inc. (NASDAQ:IRDM) Potentially Undervalued?

Here's Why Iridium Communications (NASDAQ:IRDM) Can Manage Its Debt Responsibly

Dec 04
Here's Why Iridium Communications (NASDAQ:IRDM) Can Manage Its Debt Responsibly

Iridium Communications (NASDAQ:IRDM) Will Be Hoping To Turn Its Returns On Capital Around

Oct 02
Iridium Communications (NASDAQ:IRDM) Will Be Hoping To Turn Its Returns On Capital Around

Is Iridium Communications (NASDAQ:IRDM) Using Too Much Debt?

Sep 05
Is Iridium Communications (NASDAQ:IRDM) Using Too Much Debt?

At US$60.97, Is It Time To Put Iridium Communications Inc. (NASDAQ:IRDM) On Your Watch List?

Jul 24
At US$60.97, Is It Time To Put Iridium Communications Inc. (NASDAQ:IRDM) On Your Watch List?

Iridium Communications (NASDAQ:IRDM) Has More To Do To Multiply In Value Going Forward

Jun 08
Iridium Communications (NASDAQ:IRDM) Has More To Do To Multiply In Value Going Forward

Here's Why Iridium Communications (NASDAQ:IRDM) Can Manage Its Debt Responsibly

May 24
Here's Why Iridium Communications (NASDAQ:IRDM) Can Manage Its Debt Responsibly

Estimating The Intrinsic Value Of Iridium Communications Inc. (NASDAQ:IRDM)

May 05
Estimating The Intrinsic Value Of Iridium Communications Inc. (NASDAQ:IRDM)

Should You Think About Buying Iridium Communications Inc. (NASDAQ:IRDM) Now?

Apr 17
Should You Think About Buying Iridium Communications Inc. (NASDAQ:IRDM) Now?

Shareholders Will Be Pleased With The Quality of Iridium Communications' (NASDAQ:IRDM) Earnings

Feb 23
Shareholders Will Be Pleased With The Quality of Iridium Communications' (NASDAQ:IRDM) Earnings

Shareholder Returns

IRDMUS TelecomUS Market
7D-7.3%1.4%-0.9%
1Y-18.6%10.1%22.6%

Return vs Industry: IRDM underperformed the US Telecom industry which returned 10.1% over the past year.

Return vs Market: IRDM underperformed the US Market which returned 22.6% over the past year.

Price Volatility

Is IRDM's price volatile compared to industry and market?
IRDM volatility
IRDM Average Weekly Movement5.1%
Telecom Industry Average Movement7.0%
Market Average Movement6.4%
10% most volatile stocks in US Market18.7%
10% least volatile stocks in US Market3.2%

Stable Share Price: IRDM has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: IRDM's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a763Matt Deschwww.iridium.com

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 public switched telephone network, short message, subscriber identity module, activation, customer reactivation, and other peripheral services.

Iridium Communications Inc. Fundamentals Summary

How do Iridium Communications's earnings and revenue compare to its market cap?
IRDM fundamental statistics
Market capUS$3.27b
Earnings (TTM)US$114.46m
Revenue (TTM)US$812.43m

28.6x

P/E Ratio

4.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IRDM income statement (TTM)
RevenueUS$812.43m
Cost of RevenueUS$225.97m
Gross ProfitUS$586.46m
Other ExpensesUS$472.00m
EarningsUS$114.46m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 13, 2025

Earnings per share (EPS)1.01
Gross Margin72.19%
Net Profit Margin14.09%
Debt/Equity Ratio270.4%

How did IRDM perform over the long term?

See historical performance and comparison

Dividends

1.9%

Current Dividend Yield

57%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/02 01:34
End of Day Share Price 2025/01/31 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Iridium Communications Inc. is covered by 20 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ishan MajumdarBaptista Research
Mathieu RobilliardBarclays
Hamed KhorsandBWS Financial Inc.