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Market Cap 6.41B P/E 462.82 EPS this Y 533.30% Ern Qtrly Grth 101.10%
Income 25.29M Forward P/E 164.23 EPS next Y 28.90% 50D Avg Chg -15.00%
Sales 789.3M PEG 0.32 EPS past 5Y -7.79% 200D Avg Chg -12.00%
Dividend 1.00% Price/Book 6.36 EPS next 5Y 124.30% 52W High Chg -26.00%
Recommedations 2.20 Quick Ratio 2.36 Shares Outstanding 121.43M 52W Low Chg 19.00%
Insider Own 10.67% ROA 3.25% Shares Float 108.95M Beta 0.78
Inst Own 85.00% ROE 2.61% Shares Shorted/Prior 4.93M/3.59M Price 50.91
Gross Margin 71.91% Profit Margin 3.20% Avg. Volume 1,008,162 Target Price 39.80
Oper. Margin 24.42% Earnings Date Jul 23 Volume 1,095,340 Change -2.10%
About Iridium Communications Inc

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. In addition, the company offers voice and data solutions comprising personnel tracking devices; asset tracking devices for equipment, vehicles, and aircrafts; beyond-line-of-sight aircraft communications applications; maritime communications applications; specialized communications solutions for high-value individuals; mobile communications and data devices for the military and other government agencies, such as secure satellite handsets, as well as netted voice, messaging, and paging services; and maintenance services for the United States government's dedicated gateway. Further, it provides satellite handsets, voice and data modems, broadband data devices, and IoT data devices; various accessories for its devices that include batteries, holsters, earbud headphones, portable auxiliary antennas, antenna adaptors, USB data cables, charging units, and others; and engineering and support services. Iridium Communications Inc. sells its products and services to commercial end users through a wholesale distribution network that include service providers, and value-added resellers and manufacturers. The company was formerly known as Iridium Holdings LLC and changed its name to Iridium Communications Inc. in September 2009. Iridium Communications Inc. is headquartered in McLean, Virginia.

Iridium Communications Inc News
05/15/24 Watershed Moment for UAS: Iridium Connected Drones from American Aerospace Granted First FAA Waiver for BVLOS Commercial Operations
05/09/24 This Iridium Communications Insider Increased Their Holding In The Last Year
05/09/24 Is Trending Stock Iridium Communications Inc (IRDM) a Buy Now?
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04/30/24 Barclays Just Raised Its Price Target on These 3 Stocks
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04/24/24 How to Boost Your Portfolio with Top Computer and Technology Stocks Set to Beat Earnings
10:47 AM Iridium Communications Inc. (NASDAQ:IRDM) Q1 2024 Earnings Call Transcript
07:03 AM Iridium Communications First Quarter 2024 Earnings: Beats Expectations
06:25 AM Iridium (IRDM) Q1 Earnings Match Estimates, Revenues Down Y/Y
02:02 AM Iridium Communications Inc (IRDM) Q1 2024 Earnings Call Transcript Highlights: Robust Growth ...
04/18/24 Q1 2024 Iridium Communications Inc Earnings Call
04/18/24 Iridium (IRDM) Reports Q1 Earnings: What Key Metrics Have to Say
04/18/24 Iridium Communications (IRDM) Q1 Earnings Meet Estimates
04/18/24 Iridium Announces First-Quarter 2024 Results
04/17/24 America Movil's (AMX) Q1 Earnings & Revenues Decrease Y/Y
04/16/24 12 Best Dividend Stocks with High Upside Potential
04/15/24 Seeking Clues to Iridium (IRDM) Q1 Earnings? A Peek Into Wall Street Projections for Key Metrics
IRDM Chatroom

User Image nycpupster Posted - 1 day ago

$RKLB $IRDM $SPCE I like rockets, satellites and all things space related

User Image nycpupster Posted - 1 day ago

$IRDM looks very strong, possibly setting up for another push higher

User Image Enzan Posted - 2 days ago

$IRDM Re-accumulating since May 7, LFG

User Image Fullratio Posted - 2 days ago

Communication Services sector stocks with high EPS growth in Q1 2024 (TTM): $IRDM $ROKU $NFLX

User Image themarker Posted - 2 days ago

Cathie Wood and Ark Invest's trade activity from 2024/05/15 $IRDM

User Image SpaceInvesting Posted - 4 days ago

News: Iridium $IRDM Connected Drones from American Aerospace Granted First FAA Waiver for BVLOS Commercial Operations https://investor.iridium.com/2024-05-15-Watershed-Moment-for-UAS-Iridium-Connected-Drones-from-American-Aerospace-Granted-First-FAA-Waiver-for-BVLOS-Commercial-Operations

User Image Stock_Titan Posted - 4 days ago

$IRDM Watershed Moment for UAS: Iridium Connected Drones from American Aerospace Granted First FAA Waiver for BVLOS Commercial Operations https://www.stocktitan.net/news/IRDM/watershed-moment-for-uas-iridium-connected-drones-from-american-ree2iruhbkiv.html

User Image themarker Posted - 4 days ago

Cathie Wood and Ark Invest's trade activity from 2024/05/14 $IRDM

User Image Crom5775 Posted - 4 days ago

$IRDM looking like a flag breakout

User Image themarker Posted - 5 days ago

Cathie Wood and Ark Invest's trade activity from 2024/05/13 $IRDM

User Image SylvPalm3 Posted - 5 days ago

$RKLB & $IRDM charts……… lol

User Image AHHunter Posted - 6 days ago

$IRDM Given what we learn from this morning’s FT article (which I have posted below in its entirety), on jamming and the far greater frequency and danger of spoofing of GNSS (Global National Satellite Service), and thus GPS; we can see why this contract with L3Harris was signed so quickly after the Satellis acquisition. (Iridium Signs Five-Year Contract with L3Harris to Protect FAA Critical Infrastructure Latest deployment of Iridium STL will provide a resilient timing sync service to data centre facilities across the U.S. https://investor.iridium.com/2024-04-09-Iridium-Signs-Five-Year-Contract-with-L3Harris-to-Protect-FAA-Critical-Infrastructure). I think we are going to see a nice uplift in our share prices over the next while – as the stock market begins to pickup on the strong bullish consequences of acquiring Satellis and fully incorporating it into the Iridium family.

User Image AHHunter Posted - 6 days ago

$IRDM The induction of Satelles into Iridium seems now, more than ever to have been extraordinary prescient. This lengthy FT article from this morning (5/13.24) is well worth reading for anyone who wants to understand IRDN's upward price ,movement over the next while. There's a number of Cont' in Comments (CIF) Such is the fallout from a surge in the manipulation of navigation signals — modern GPS warfare — that has played havoc with civilian smartphones, planes and vessels on three continents. So-called GPS jamming and spoofing have largely been the preserve of militaries over the past two decades, used to defend sensitive sites against drone or missile attacks or mask their own activities. Systematic interference by armed forces has caused widespread issues for civilian populations as well. The footprint of corrupted signals has become vast. CIF

User Image AHHunter Posted - 1 week ago

$IRDM Iridium's satellite constellation would likely be more reliable than Starlink during a severe geomagnetic storm. Here's why: Iridium's satellites operate in a polar orbit at an altitude of around 780 km, which places them above the Earth's radiation belts and makes them less susceptible to the effects of geomagnetic storms. In contrast, Starlink's satellites operate in low-Earth orbit at altitudes between 550-570 km, putting them within the radiation belts and making them more vulnerable to charged particles from solar storms. Additionally, Iridium's network is designed for low-bandwidth voice and data communications, which are less affected by disruptions caused by geomagnetic storms compared to the high-bandwidth internet services provided by Starlink.Iridium's satellites and user terminals are also hardened against radiation to withstand the effects of space weather events. Cont' in comments

User Image AHHunter Posted - 1 week ago

$IRDM While G5 storms are rare, not so for G4(severe), which can appear 100 times every 11 years, with the last one in late March of 2024. Severe geomagnetic storms like the current G5 event are relatively rare occurrences. Here are the key points regarding their frequency: There is an average of 100 severe (G4 or higher) geomagnetic storms per 11-year solar cycle. We are currently in Solar Cycle 25 which began in December 2019. However, the current G5 "extreme" storm is the first of its magnitude since the "Halloween Storms" of October 2003, nearly 20 years ago. G5 is the highest level on the geomagnetic storm scale. ... So far in the current solar cycle (Cycle 25), there have only been three observed severe geomagnetic storms before this latest G5 event, with the previous one in late March of 2024. Cont in Comments

User Image AHHunter Posted - 1 week ago

$IRDM Potential Longer-Term Impacts The charged particles and radiation from the solar storm can potentially damage the sensitive electronics and systems of Starlink satellites, leading to failures or reduced operational lifespans. Service Outages: Widespread or localized internet outages may occur if a significant number of Starlink satellites are affected, creating gaps in coverage until replacements are launched. Orbital Decay: The increased atmospheric drag during geomagnetic storms can cause satellites to lose altitude faster, potentially leading to premature re-entry and the need for more frequent replacements. Network Congestion: If many satellites are impacted, the remaining operational ones may become overloaded, leading to network congestion and degraded service quality. ... an extreme and prolonged geomagnetic storm like this one could strain the system's resilience and potentially cause longer-lasting impacts on the company's ability to provide reliable global internet coverage.

User Image AHHunter Posted - 1 week ago

$IRDM Geomagnetic Storm May Cause Long Term Damage to StarLink, System, sSatellites and Business. The severe geomagnetic storm can potentially cause longer-term problems for Starlink's satellite internet service. The intense geomagnetic storm, rated as an extreme G5 event (the highest level), is the strongest in over 20 years since the "Halloween Storms" of 2003. It is disrupting Starlink's operations, leading to "degraded service". Starlink operates thousands of satellites in low-Earth orbit that use inter-satellite laser links to provide global internet coverage. These satellites are under immense pressure from the geomagnetic storm. The storm is expected to persist over the weekend and potentially into next week, posing risks to satellite navigation and operations. If the storm's intensity and duration increase, it could cause more significant and prolonged disruptions to Starlink's service. Cont' in Comments

User Image AHHunter Posted - 1 week ago

$IRDM New Aviation Bill; a big plus for Iridium via its own product line, 25/30% owned Aireon and 100% owned Satellis. “WASHINGTON, May 9 (Reuters) - The U.S. Senate late on Thursday overwhelmingly passed a broad aviation bill to boost air traffic controller staffing, increase funding to avert runway close-call incidents and speed refunds for canceled flights. The $105 billion, five-year measure reauthorizes the Federal Aviation Administration. The bill prohibits airlines from charging fees for families to sit together and requires airplanes to be equipped with 25-hour cockpit recording devices - up from the current two-hours - and directs the FAA to deploy advanced airport surface technology to help prevent collisions.” https://www.reuters.com/world/us/us-senate-passes-sweeping-aviation-safety-consumer-bill-2024-05-10/

User Image AHHunter Posted - 1 week ago

$IRDM More Credibility for IRDM Major solar storm disrupts Musk's Starlink satellites Starlink, the satellite arm of Elon Musk's SpaceX, warned on Saturday of a "degraded service" as the Earth is battered by the biggest geomagnetic storm due to solar activity in two decades. Science and technology ... The US National Oceanic and Atmospheric Administration has said the storm is the biggest since October 2003 and likely to persist over the weekend, posing risks to navigation systems, power grids, and satellite navigation, among other services. The thousands of Starlink satellites in low-Earth orbit use inter-satellite laser links to pass data between one another in space at the speed of light, allowing the network to offer internet coverage around the world. https://en.somoynews.tv/news/2024-05-11/major-solar-storm-disrupts-musk-s-starlink-satellites

User Image themarker Posted - 1 week ago

Cathie Wood and Ark Invest's trade activity from 2024/05/10 $ACCD $ADPT $IRDM $PACB

User Image navgun281 Posted - 1 week ago

$GSAT let’s see who says it sat (asts) get messed up by these solar flares $DXYZ $IRDM $DISH $ASTS

User Image pgyletsgo Posted - 1 week ago

$IRDM they should buy Asts.

User Image Abhisingh_86 Posted - 2 weeks ago

Iridium Communications ( $IRDM ) seems to have hit its peak cash-flow phase.📊Headline numbers below. @CestrianCapitalResearch While the stock chart hints at at a good risk/reward position 💸 at recent support levels after a big drop 📉, the increasing competition and lack of a strong niche makes a screaming buy recommendation tough.

User Image Davruns Posted - 2 weeks ago

$EXTR I see this and $irdm as the same ride. Both setting up to go nuts. )

User Image nycpupster Posted - 2 weeks ago

$SATS $IRDM it seems as though market makers have decided we need satellites again

User Image AHHunter Posted - 2 weeks ago

$IRDM The growth prospects of STL is rather obvious as this article well illustrates. “On 4/29 Finnair, Finland’s national airline, said that it would suspend flights to the eastern Estonian city of Tartu for a month. Two planes were forced to turn around after their gps signals were disrupted. gps jamming has increased sharply in the Baltic region over the past two years. ..." “... In March a Royal Air Force plane carrying Grant Shapps, Britain’s defence secretary, was subjected to jamming for around 30 minutes as it flew near Kaliningrad.” ... https://www.economist.com/the-economist-explains/2024/04/30/who-is-jamming-airliners-gps-in-the-baltic "IRDM closed an acquisition of Satelles creating the market leader in secure satellite-based time and location (STL) services, which are used for GPS and GNSS systems. Renamed Satellite Time and Location , the service is now part of the Iridium portfolio, which is now incorporated by 500 partners globally. Notably, STL is used by 5G base stations and data centers, which are both growth areas for technology applications."

User Image Aigner_Andreas Posted - 04/30/24

TD SELL $IRDM at 30.79, Supp 24.65 Resis 31.80 R29 HiLo 16% T1Y 57 buy 1.7 DIV N/A #Iridium Co #stocks #trading #finance #market

User Image IsabellaDC Posted - 04/30/24

Swing trade - $IRDM Slowly but wonderfully surely.

User Image NYBomba Posted - 04/29/24

$IRDM - 8 solid days of RSI and MACD building, keep it until the price closes under the 8 DMA ... Peace

User Image SylvPalm3 Posted - 04/29/24

$IRDM nice!

Analyst Ratings
Barclays Overweight Apr 26, 24
BWS Financial Neutral Apr 22, 24
Barclays Overweight Feb 23, 24
BWS Financial Hold Feb 16, 24
Raymond James Strong Buy Feb 16, 24
LightShed Partners Neutral Feb 15, 24
Raymond James Strong Buy Nov 10, 23
Raymond James Strong Buy Oct 20, 23
Deutsche Bank Buy Sep 18, 23
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
Hartin Bryan J. EVP-Sales and Market.. EVP-Sales and Marketing May 03 Sell 64.8 27,835 1,803,708 65,101 05/05/23
Hartin Bryan J. EVP-Sales and Market.. EVP-Sales and Marketing May 03 Option 9.45 11,335 107,116 92,936 05/05/23
NIEHAUS ROBERT H Director Director May 01 Sell 63.99 55,776 3,569,106 246,874 05/02/23
NIEHAUS ROBERT H Director Director May 01 Option 6.2 55,776 345,811 302,650 05/02/23
Canfield Thomas C Director Director Feb 27 Sell 61.03 10,036 612,497 190,587 02/28/23
DESCH MATTHEW J Chief Executive Offi.. Chief Executive Officer Jan 12 Sell 60.07 30,067 1,806,125 518,464 01/13/23
DESCH MATTHEW J Chief Executive Offi.. Chief Executive Officer Jan 09 Sell 60.03 46,560 2,794,997 548,531 01/11/23
DESCH MATTHEW J Chief Executive Offi.. Chief Executive Officer Jan 05 Sell 57.13 31,641 1,807,650 595,091 01/06/23
DESCH MATTHEW J Chief Executive Offi.. Chief Executive Officer Aug 05 Option 6.08 178,804 1,087,128 849,116 08/09/22
DESCH MATTHEW J Chief Executive Offi.. Chief Executive Officer Aug 05 Sell 45.37 94,661 4,294,770 754,455 08/09/22
NIEHAUS ROBERT H Director Director Aug 03 Sell 45.26 30,000 1,357,800 311,782 08/04/22
Hartin Bryan J. EVP-Sales and Market.. EVP-Sales and Marketing Aug 02 Sell 45.00 13,799 620,955 66,941 08/03/22
WEST BARRY Director Director Jul 29 Sell 44.03 3,002 132,178 44,423 08/01/22
NIEHAUS ROBERT H Director Director Feb 19 Sell 48.12 50,000 2,406,000 335,719 02/19/21
Krongard A B Director Director Jan 25 Option 7.3 198,728 1,450,714 432,399 01/25/21
FITZPATRICK THOMAS Chief Financial Offi.. Chief Financial Officer Dec 07 Sell 34 44,648 1,518,032 174,164 12/07/20
DESCH MATTHEW J Chief Executive Offi.. Chief Executive Officer Dec 07 Option 7.56 18,598 140,601 761,381 12/07/20
DESCH MATTHEW J Chief Executive Offi.. Chief Executive Officer Dec 07 Sell 34.65 75,710 2,623,352 742,783 12/07/20
Kapalka Timothy VP Iridium Satellite.. VP Iridium Satellite LLC Dec 07 Option 11.25 3,125 35,156 26,111 12/07/20
Kapalka Timothy VP Iridium Satellite.. VP Iridium Satellite LLC Dec 07 Sell 34.4 3,125 107,500 22,986 12/07/20
Scheimreif Scott EVP-Government Progr.. EVP-Government Programs Dec 07 Option 7.49 117,778 882,157 211,021 12/07/20
Scheimreif Scott EVP-Government Progr.. EVP-Government Programs Dec 07 Sell 34.25 117,778 4,033,896 93,243 12/07/20
DESCH MATTHEW J Chief Executive Offi.. Chief Executive Officer Nov 27 Sell 32.91 6,229 204,996 851,233 11/27/20
FITZPATRICK THOMAS Chief Financial Offi.. Chief Financial Officer Nov 18 Option 7.56 29,104 220,026 298,097 11/18/20
FITZPATRICK THOMAS Chief Financial Offi.. Chief Financial Officer Nov 18 Sell 32 77,714 2,486,848 220,383 11/18/20
Scheimreif Scott EVP-Government Progr.. EVP-Government Programs Oct 21 Option 8.31 20,507 170,413 115,172 10/21/20
Scheimreif Scott EVP-Government Progr.. EVP-Government Programs Oct 21 Sell 30 20,507 615,210 94,665 10/21/20
DESCH MATTHEW J Chief Executive Offi.. Chief Executive Officer Oct 21 Option 8.31 92,069 765,093 949,531 10/21/20
DESCH MATTHEW J Chief Executive Offi.. Chief Executive Officer Oct 21 Sell 30 92,069 2,762,070 857,462 10/21/20