Iridium Communications (IRDM) Stock Price
Iridium Communications Price
Revenue has compounded at 16.5% per year over the past 16 years to 871.66 M USD. Earnings per share have grown at 22.6% per year over the last 17 years. Iridium Communications's net margin stands at 13.1%, up from -1.5% several years earlier. Iridium Communications currently offers a dividend yield of about 1.20%. The payout ratio is around 53% of earnings. The dividend has grown at 64.6% per year over the past 3 years. Analysts set a median price target of 49.50 USD, implying 2.4% above the current price. Of 15 analysts, 8 rate the stock a buy — an overall Buy consensus.
Iridium Communications stock price
Iridium Communications business model & stock analysis
Frequently asked questions about Iridium Communications
Iridium Communications Inc operates as a global satellite communications company. Its business model revolves around providing reliable and secure voice and data communication services to industries including maritime, aviation, land mobile, IoT, government, and military. Iridium offers a unique network of satellites that enable users to stay connected in remote locations and in areas with limited or no cellular coverage. The company's services include voice calling, messaging, internet connectivity, and asset tracking, among others. By leveraging its innovative satellite technology, Iridium aims to deliver seamless and efficient communication solutions, catering to the diverse needs of its customers worldwide.
Iridium Communications Inc is primarily active in the telecommunications and satellite industry.
The main competitors of Iridium Communications Inc in the market include Globalstar, Inmarsat, and Thuraya Telecommunications Company.
Iridium Communications Inc, one of the leading satellite communications companies, has an intriguing history and background. Established in 2001, Iridium emerged from the ashes of Motorola's failed satellite venture. It acquired the assets of the bankrupt Iridium Satellite LLC, reestablishing a satellite network spanning the globe. The company operates an array of low Earth orbit (LEO) satellites, offering reliable voice and data communication services to users worldwide. With its cutting-edge technology, Iridium Communications Inc has revolutionized global communications, facilitating seamless connectivity even in remote and inaccessible regions. Today, Iridium continues to expand its network and deliver innovative solutions for various industries, including maritime, aviation, government, and IoT applications.
Iridium Communications Inc has achieved several significant milestones. The company successfully launched its first constellation of satellites in 1997, marking the beginning of a global communications network. In 2019, Iridium completed the deployment of its new constellation, Iridium NEXT, which replaced its original satellites with advanced technology offering enhanced capabilities. This marked a major achievement for the company and ensured the continuity of its global communication services. Furthermore, Iridium introduced the world's first truly global broadband service, Iridium Certus, in 2018, providing reliable connectivity for various industries. These milestones reflect Iridium Communications Inc's commitment to delivering innovative solutions for global communication needs.
Iridium Communications Inc is primarily present in numerous countries and regions worldwide. The company's satellite network enables global coverage, making its services available globally. Iridium offers reliable and secure communication solutions across various industries, including maritime, aviation, government, and more. With its extensive satellite network and robust infrastructure, Iridium Communications Inc provides seamless connectivity and communication services in remote areas and challenging environments around the world.
Iridium Communications Inc represents values and a corporate philosophy focused on reliable and innovative satellite communications solutions. With a global network of satellites, Iridium offers seamless connectivity and communication services, ensuring uninterrupted coverage in even the most remote areas of the world. The company is committed to providing customers with secure, dependable, and cost-effective solutions for critical communications needs. Iridium's corporate philosophy emphasizes a customer-centric approach, collaboration, and technological advancements to meet the ever-evolving demands of various industries such as maritime, aviation, government, and IoT. Iridium Communications Inc is dedicated to delivering unparalleled connectivity and enabling reliable communication worldwide.
Analysts currently set an average price target of 49.75 USD for the Iridium Communications stock (median: 49.50 USD), implying +2.9 % versus the latest price. The consensus is based on 15 analyst ratings.
15 analysts currently rate the Iridium Communications stock: 8 recommend buying, 7 holding and 0 selling. For 2026, analysts expect Iridium Communications to generate revenue of 917.36 M USD and earnings per share of 0.97 USD.
Converted at the current exchange rate, the Iridium Communications share trades at 43.15 EUR (48.36 USD).
The Iridium Communications share (IRDM) is listed on 11 stock exchanges, including: NYSE (IRDM), London (0JDO.L), SIX (Zürich) (6IC.SW), XETRA (6IC.DE), Frankfurt (6IC.F), München (6IC.MU), Stuttgart (6IC.SU), Düsseldorf (6IC.DU).
Iridium Communications Inc is a leading provider of mobile satellite communication services. The company offers a wide range of products and services including mobile voice and data communication from anywhere in the world. They operate a global satellite network with a constellation of 66 satellites that provide seamless connectivity. They also offer secure and reliable communication services for government and military organizations. In addition, they provide connectivity for the Internet of Things, allowing wireless connection and control of devices and sensors. Overall, Iridium Communications Inc specializes in providing reliable and high-quality communication products and services globally.
The expected revenue of Iridium Communications is 917.36 M USD. This figure is based on current financial data and reflects the company's business performance.
The expected profit of Iridium Communications is 101.71 M USD. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of Iridium Communications is currently 49.83. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Iridium Communications stock.
The price-to-sales ratio (P/S) of Iridium Communications is currently 5.53. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Iridium Communications stock.
The Eulerpool Quality Score for Iridium Communications is 4/10.
The ISIN of Iridium Communications is US46269C1027. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of Iridium Communications is A0YB48. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of Iridium Communications is IRDM. The ticker symbol is used to trade Iridium Communications shares on the stock exchange.
Iridium Communications stock
Iridium Communications Peer Group
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Iridium Communications FIGI
All fundamentals and in-depth analysis of Iridium Communications
Our stock analysis for Iridium Communications stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Iridium Communications. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.