Iridium Comm Inc IRDM

$48.96 +1.09 (2.28%)

Valuation

Market cap
5,076,538,000
Revenue TTM
$871,660,000
Net income TTM
$114,370,000
PE ratio
48.92
Forward PE
50.29
Profit margin
13.12%
Debt to equity
3.73

Trading

Volume
1,328,900
Avg volume
1,091,388
Day's range
$48.10 – $49.35
Shares out
105,982,000
Stochastic %K
42%
Beta
0.87
Analysts
Sell
Price target
$48.17

Price

Company profile

Iridium Communications Inc. provides mobile voice and data communications services and products to businesses, the United States and foreign governments, non-governmental organizations, and consumers in the United States, Canada, and internationally. The company offers mobile satellite communications services for land mobile end users and aviation sectors; broadband terminals, embedded devices, and handsets for merch...

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Iridium Communications Inc. provides mobile voice and data communications services and products to businesses, the United States and foreign governments, non-governmental organizations, and consumers in the United States, Canada, and internationally. 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 data services and engineering services. It also provides postpaid mobile voice and data satellite communications; prepaid mobile voice satellite communications; push-to-talk; broadband data; Internet of Things (IoT); and satellite time and location services. In addition, the company offers 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; and mobile communications and data devices for the military and other government agencies, such as secure satellite handsets; and maintenance services for the U.S. government's dedicated gateway. Further, it provides satellite handsets, voice and data modems, broadband data devices, and IoT data devices; and various accessories for its devices that include batteries, holsters, earbud headphones, portable auxiliary antennas, antenna adaptors, USB data cables, and charging units. The company sells its products and services to commercial end users through a wholesale distribution network that includes service providers, and value-added resellers and value-added 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.

Industry
Telecom Services
Sector
Communication Services
Phone
703-287-7400
Website
https://www.iridium.com
Address
1676 International Drive, Suite 1100, McLean, United States

Latest news

Stocktwits

LilNappy666 Oct 2, 6:55 PM
$IRDM Logically, it is trading along with $RKLB . Once RocketLab goes above $80 a share, Iridium will reclaim the $52 range where it should be at until buyout closes.
0 replies
TheRealGrimace Oct 2, 12:54 AM
$RDW since I am in a bearish posting mood, this company is trash. If you want to buy space stocks, go for $SPCX $RKLB $IRDM and $ASTS
1 replies
StocktwitsNews Oct 1, 12:57 AM
RKLB Stock Jumps After-Hours: Rocket Lab Lands Its Biggest-Ever Commercial Electron Deal With 20 New Launches $RKLB $IRDM $RKLX https://stocktwits.com/news/equity/markets/rklb-stock-rocketlab-biggest-commercial-electron-deal-20-new-launches/cZDiVjDRBLZ
0 replies
Arrow_Investments Sep 30, 2:46 PM
$RKLB with $IRDM Rocket Lab is now the engine and IRDM saves that $$$ currently costing to move satelites
0 replies
Zeeshan98 Sep 29, 5:51 PM
$ASTS No shot of buy out from $RKLB they just bought $IRDM it makes no sense and it would financially cripple the company even if they bought it out at a modest valuation of $75 per share
1 replies
LilNappy666 Sep 28, 4:34 PM
$IRDM So lame it’s stuck in this range. Needs $RKLB to pump to move up to $52 where it belongs until buyout is complete.
0 replies
KryptonResearch14 Sep 26, 3:38 PM
$IRDM Iridium shareholders approved the Rocket Lab buyout Thursday: 99.6% of votes cast in favor, representing about 81% of outstanding shares. The terms: 27 in cash plus Rocket Lab shares for each Iridium share, a notional value of 54 a share. Rocket Lab put the enterprise value at about 8 billion. The arb math after the vote: Iridium traded around 48.75 on Friday, roughly 10.8% below the 54 notional. The shareholder hurdle is cleared, but the deal still needs regulatory approvals and is not expected to close until mid-2027. The strategic read: Rocket Lab buys a cash-generating global network (2.55 million subscribers, L-band spectrum, a 500-plus partner ecosystem) and becomes a company that designs, builds, launches, and operates its own constellations. Peter Beck's line: the most successful space companies will have the keys to space. Rocket Lab rose 5% Thursday to about 73.61, also the day of a Space Force contract win and ARK buying, per CoinCentral.
0 replies
spearnreel Sep 25, 8:08 PM
$GOGO Straight playin I’m sayin. Play or get played. Few get paid. Playbook? Players choice… $IRDM $GSAT
0 replies