IRDM

Iridium Communications Inc

44.25

Oct 21 • 3:59 PM ET +0.31 (0.71%)

44.25

Aftermarket • 7:30 PM ET 0.00 (0.00%)

Communication Services Telecom Services USA Mid NASD

Today, 6:50 AMIridium Communications said its shareholders have overwhelmingly approved Rocket Lab’s proposed approximately $8 billion acquisition, with 99.6% of votes cast in favor.

Peers: GSAT VSAT ECHO ASTS GOGO KVHI TSAT GILT RKLB SPIR

| Held by: IJR AVUV VTI VB VXF VBK COWG SPSM DFAS IJT

Scroll to Statements

Index	-
Market Cap	4.69B
Enterprise Value	6.27B
Income	93.27M
Sales	884.17M
Book/sh	4.46
Cash/sh	1.74
Dividend Est.	0.62 (1.40%)
Dividend TTM	0.60 (1.36%)
Dividend Ex-Date	Sep 15, 2026
Dividend Gr. 3/5Y	- -
Payout	-
Employees	975
IPO	Mar 20, 2008

P/E	50.42
Forward P/E	35.09
PEG	-
P/S	5.30
P/B	9.92
P/C	25.46
P/FCF	16.27
EV/EBITDA	14.80
EV/Sales	7.09
Quick Ratio	2.31
Current Ratio	2.78
Debt/Eq	3.73
LT Debt/Eq	3.70
Option/Short	Yes / Yes

EPS (ttm)	0.88
EPS next Y	1.26
EPS next Q	0.28
EPS this Y	4.68%
EPS next Y	13.66%
EPS next 5Y	-0.47%
EPS past 3/5Y	151.09% -
Sales past 3/5Y	6.53% 8.36%
EPS Y/Y TTM	-12.30%
Sales Y/Y TTM	3.10%
EPS Q/Q	-56.08%
Sales Q/Q	3.84%
Earnings	Oct 20 BMO
EPS/Sales Surpr.	192.01% 3.99%

Insider Own	13.15%
Insider Trans	-2.73%
Inst Own	85.91%
Inst Trans	-3.02%
ROA	3.63%
ROE	19.72%
ROIC	4.20%
Gross Margin	47.73%
Oper. Margin	23.76%
Profit Margin	10.55%
SMA20	-5.87%
SMA50	-6.84%
SMA200	13.84%
Trades

Shs Outstand	105.96M
Shs Float	92.04M
Short Float	3.66%
Short Ratio	3.07
Short Interest	3.37M
52W High	57.18 -22.61%
52W Low	15.65 182.84%
Volatility	2.35% 1.88%
ATR (14)	1.01
RSI (14)	33.18
Beta	0.87
Rel Volume	1.15
Avg Volume	1.10M
Volume	1,262,004

Perf Week	-3.34%
Perf Month	-9.04%
Perf Quarter	-7.12%
Perf Half Y	9.53%
Perf YTD	154.60%
Perf Year	133.14%
Perf 3Y	14.99%
Perf 5Y	7.32%
Perf 10Y	418.76%
Recom	2.83
Target Price	47.33
Prev Close	43.94
Price	44.25
Change %	0.71%

Date	Action	Analyst	Rating Change	Price Target Change
Jul-22-26	Upgrade	New Street	Neutral → Buy
May-14-26	Initiated	New Street	Neutral	$40
Apr-24-26	Downgrade	Raymond James	Outperform → Mkt Perform
Jan-16-26	Downgrade	Morgan Stanley	Overweight → Equal-Weight	$24
Sep-11-25	Downgrade	Raymond James	Strong Buy → Outperform	$26
Sep-09-25	Downgrade	BWS Financial	Neutral → Sell	$16
May-05-25	Initiated	Oppenheimer	Outperform	$34
Apr-22-25	Upgrade	William Blair	Mkt Perform → Outperform
Jan-24-25	Initiated	Cantor Fitzgerald	Overweight	$40
Feb-16-24	Downgrade	BWS Financial	Buy → Neutral	$30
Feb-15-24	Downgrade	William Blair	Outperform → Mkt Perform
Sep-18-23	Upgrade	Deutsche Bank	Hold → Buy	$57
Jul-27-23	Upgrade	Barclays	Equal Weight → Overweight	$66 → $65
Jun-22-23	Initiated	Deutsche Bank	Hold	$61
Oct-19-22	Downgrade	Barclays	Overweight → Equal Weight	$48 → $45
Feb-22-22	Upgrade	Barclays	Equal Weight → Overweight	$47
Feb-18-22	Upgrade	Raymond James	Outperform → Strong Buy	$47 → $51
Jan-27-22	Upgrade	Sidoti	Neutral → Buy	$44
Oct-20-21	Upgrade	BWS Financial	Neutral → Buy	$37 → $60
Aug-03-21	Initiated	Morgan Stanley	Overweight	$50

Show Previous Ratings

Today 06:18AM	Why Is Rocket Lab Stock Rising in Pre-Market Trading? (InvestorsHub)
Oct-20-26 07:20AM	Iridium: Q3 Earnings Snapshot (Associated Press)
07:00AM	Iridium Announces Third Quarter 2026 Results (PR Newswire)
Oct-19-26 07:30AM	A Speed Cap Nobody Will Own Just Shook Up the Satellite Trade (PR Newswire)
01:29AM	RKLB Stock Suffers Worst Week Ever: AST SpaceMobile Partner Challenges Iridium Deal Claims Rival Uses FCC To Block Competitors (Stocktwits)
11:22PM	Loading…
Oct-14-26 11:22PM	Rocket Lab Retail Mood Hits All-Time Low After Neutron Delay Can Takeover Target Iridiums Earnings Turn The Tide? (Stocktwits)
08:55PM	How Low Can AST SpaceMobile Stock Go? (Trefis)
07:01AM	Altair Semiconductor Integrates Iridium NTN Direct into ALT1350 and ALT1550 Cellular IoT Chipsets (PR Newswire)
Oct-13-26 07:06AM	A SpaceX launch shortage is fueling a $100 billion investing spree (MarketWatch)
Oct-09-26 11:57AM	The Single Most Important Metric For AST SpaceMobile Stock (Trefis)
Sep-28-26 01:15PM	Cantor Backs Rocket Labs Launch Momentum After 97th Electron Mission Highlights These Competitive Advantages (Stocktwits)
Sep-24-26 06:12PM	IRDM Shareholders Approve Acquisition By RKLB In $54-A-Share Deal Iridium-Rocket Lab Merger Expected To Close By Mid-2027 (Stocktwits)
04:30PM	Iridium Stockholders Approve Acquisition by Rocket Lab (PR Newswire)
Sep-22-26 10:28PM	Rocket Lab CEO Puts Iridium Deal Alongside SpaceX And Amazons Spectrum Bets: You Cant Just Magic Up Spectrum (Stocktwits)
Sep-21-26 11:58PM	RKLB Stock Extends Rally Overnight: CEO Says Iridium Deal Will Forge A Self-Launching Tier-1 Space Power (Stocktwits)
11:22AM	Loading…
11:22AM	RKLB Stock In Focus: Cantor Stays Bullish As Iridium Acquisition Funding Falls Into Place (Stocktwits)
10:47AM	Cantor Bets Neutron and Iridium Reprice Rocket Lab Higher (GuruFocus.com)
Sep-18-26 03:34PM	Rocket Lab stock tumbles after massive $1.94 billion equity raise (GuruFocus.com)
Sep-16-26 06:31AM	Cathie Wood's ARK Invest Buys AVAV Stock Again, Trims GOOGL Stake And Sells Iridium (Stocktwits)
Sep-15-26 04:56PM	Rocket Lab Makes Bold Move to Broaden Space Business (GuruFocus.com)
11:51AM	Rocket Lab Stock Jumps After $1.94 Billion Financing for Iridium Deal (GuruFocus.com)
08:21AM	RKLB Fully Funds $8B Iridium Deal: Rocket Labs Stock Sale Removes Key Risk Ahead Of Acquisition (Stocktwits)
01:25AM	Rocket Lab Expects Iridium Deal To Double Its Size Overnight CFO Says More Space Deals May Follow (Stocktwits)
Sep-14-26 12:02PM	ViaSat Stock Soared on Hopes of a Big Deal. The Company Has Other Ideas. (Barrons.com)
Sep-11-26 09:42AM	Rocket Lab Has Something SpaceX Doesn't. The Case to Buy the Stock. (Barrons.com)
Sep-10-26 09:01AM	Iridium, Deutsche Telekom IoT, and Toyota Demonstrate Voice Messaging over Satellite via Iridium NTN Direct (PR Newswire)
Sep-02-26 10:41AM	Are IRDM, FSRL, CZR Obtaining Fair Deals for their Shareholders? (PR Newswire)
Sep-01-26 01:01AM	Furuno Unveils New SOLION-100 Terminal for Iridium GMDSS (PR Newswire)
Aug-27-26 09:51PM	RKLB Stock Heads For Third Weekly Loss After 7 Bruising Sessions: SpaceX Raises Red Flag Over Iridium Deal (Stocktwits)
02:43AM	Why Did Rocket Lab Hike Its Iridium Bid By 30%? Analyst Says ASTS May Have Been Mystery Rival (Stocktwits)
07:59AM	Loading…
Aug-24-26 07:59AM	Are IRDM, DSGR, UTZ Obtaining Fair Deals for their Shareholders? (PR Newswire)
Aug-13-26 02:58PM	Rocket Lab Clears a Major Hurdle on the Iridium Acquisition (GuruFocus.com)
Aug-11-26 01:00AM	Rocket Lab Corp (RKLB) (Q2 2026) Earnings Call Highlights: Record Revenue, Iridium Acquisition, ... (GuruFocus.com)
Aug-10-26 05:32PM	Rocket Lab shares slide 9% amid fading chances of debut Neutron launch this year (Investing.com)
Jul-28-26 07:01AM	Iridium and SKYWAVE, an ORBCOMM company, Partner to Advance Global Industrial IoT for Heavy Equipment OEMs (PR Newswire)
12:01AM	SpaceX Rival Rocket Lab Scores Record Contract in as Space Race Engines Roar (The Daily Upside)
Jul-22-26 09:03AM	Why a Billion Dollars in New Debt Just Sent ASTS Flying (Trefis)
08:28AM	Iridium shares edge higher despite second-quarter earnings miss (NASDAQ:IRDM) (InvestorsHub)
07:20AM	Iridium: Q2 Earnings Snapshot (Associated Press)
07:01AM	Iridium Announces Second Quarter 2026 Results (PR Newswire)
Jul-21-26 02:52PM	Are ALOT, IRDM, ESI, SOLS Obtaining Fair Deals for their Shareholders? (PR Newswire)
Jul-20-26 11:05PM	SpaceXs IPO Shine Fades, Taking ASTS And RKLB With It But There Are 2 Surprise Winners This Month (Stocktwits)
12:06PM	Cathie Wood Dumps $39 Million Worth of AMD Stock (GuruFocus.com)
Jul-17-26 12:20PM	Rocket Lab Stock Plunges After Piper Sandler Starts Coverage at Neutral (GuruFocus.com)
Jul-16-26 11:51AM	AST SpaceMobile's stock is sinking as the SpaceX rival looks to raise more cash (MarketWatch)
Jul-14-26 07:01AM	Iridium Announces Commercial Availability of Iridium PNT ASIC, Bringing Resilient GNSS Protection to Devices Worldwide (PR Newswire)
Jul-13-26 12:52PM	Cathie Wood Loads Up on SpaceX, Meta, Eli Lilly and Circle Group (GuruFocus.com)
Jul-09-26 07:09PM	Are TBPH, IRDM, LCII, PATK Obtaining Fair Deals for their Shareholders? (PR Newswire)
04:01PM	Iridium Announces Release Date for Second-Quarter 2026 Financial Results (PR Newswire)
Jul-07-26 12:28AM	RKLB Stock Slips Overnight: CEO Peter Beck Eyes Trimming Stake By $465M After Iridium Deal (Stocktwits)
Jul-06-26 07:01AM	Iridium Completes Acquisition of Aireon (PR Newswire)
Jul-05-26 10:11PM	Why Retail Traders Couldnt Take Their Eyes Off These Stocks Last Week: META, MU, BABA, TSLA, RKLB (Stocktwits)
Jul-02-26 03:27PM	Are SYNA, IRDM, TECH, PATK Obtaining Fair Deals for their Shareholders? (PR Newswire)
Jul-01-26 06:53AM	RKLB CEO Echoes SpaceX's Satellite Connectivity Market Projections After $8B Iridium Deal It Generally Starts With A T (Stocktwits)
Jun-30-26 10:11AM	Rocket Lab Stock Surges as Iridium Deal Feeds Market Appetite for Space (Barrons.com)
09:47AM	This Space Stock Could Be a Takeover Target After Rocket Lab, Iridium Deal (Barrons.com)
08:12AM	Rocket Lab to acquire Iridium Communications for $8B (Manufacturing Dive)
06:06AM	The Rocket Lab CEOs Bold Bet to Challenge SpaceXs Dominance (Bloomberg)
05:24AM	Rocket Lab to acquire Iridium in $8bn cash and stock deal (Verdict)
Jun-29-26 10:31PM	RKLB Stock Keeps Flying Overnight: Analyst Says Rocket Lab Outbid ASTS, Other Rivals For Iridium In 'Bolt From The Blue' Deal (Stocktwits) +25.44%
03:42PM	Rocket Lab expands satellite business with Iridium deal (Yahoo Finance Video)
03:23PM	Planet Labs Stock Soars on $8 Billion Space Mega-Deal Frenzy (GuruFocus.com)
02:10PM	Charter may be making 'frenemies' with SpaceX, and its stock is soaring (MarketWatch)
02:05PM	RKLB Stock Jumps Nearly 17% Analyst Says Rocket Labs Iridium Deal Isnt A Starlink Competitor Play (Stocktwits)
01:59PM	Are IRDM, TBPH, SYNA, TECH Obtaining Fair Deals for their Shareholders? (PR Newswire)
01:50PM	Rocket Lab's $8 Billion Iridium Deal Sends Shares Higher (GuruFocus.com)
01:45PM	Rocket Lab Shares Jump on $8 Billion Iridium Deal (GuruFocus.com)
12:19PM	Rocket Lab to acquire Iridium in $8B cash-and-stock deal (Proactive)
11:07AM	Iridium, Rocket Lab Shares Soar on Plans to Combine Into 'Space Powerhouse' (Investopedia)
10:36AM	Rocket Lab expands space biz with $8 billion deal (Axios)
10:10AM	Comcast Split Pushes Charter's Stock Higher (The Wall Street Journal)
10:07AM	Rocket Lab to take on SpaceX's Starlink with $8 billion acquisition (MarketWatch)
09:59AM	Stocks to Watch: Comcast, Rocket Lab, Palantir Technologies, Verizon (The Wall Street Journal)
09:56AM	Rocket Lab Shares Climb After Agreeing US$8 Billion Acquisition of Iridium (RKLB) (InvestorsHub)
09:52AM	Rocket Lab taking on SpaceX with Iridium satellite internet buy (Yahoo Finance)
09:25AM	Rocket Lab's Purchase of Iridium Creates a Mini SpaceX. What It Means for the Stock. (Barrons.com)
08:55AM	Rocket Lab to Acquire Iridium for $8 Billion (GuruFocus.com)
08:32AM	Rocket Lab acquires Iridium in $8 billion satellite deal (Quartz)
07:46AM	RKLB Wants To Own More Than Rockets Why Its Spending $8B On Iridium (Stocktwits)
07:43AM	Rocket Lab Buys Satellite Operator Iridium in Bid to Challenge SpaceX (The Wall Street Journal)
07:35AM	Rocket Lab to buy satellite communications firm Iridium in $8 billion deal (Reuters)
07:15AM	Rocket Lab Stock Rises on $8 Billion Acquisition of Iridium Communications (Barrons.com)
07:14AM	Rocket Lab buys Iridium in $8 billion deal, to expand beyond launches (Reuters)
07:00AM	Rocket Lab to Acquire Iridium in Historic Deal, Creating A Fully Vertically Integrated Space Powerhouse Primed for Growth (PR Newswire)
Jun-24-26 07:01AM	Iridium NTN Direct Begins Live Testing with Mlink (PR Newswire)
Jun-23-26 07:01AM	Iridium's Next-Generation Hybrid IoT Module and Development Kit are Now Commercially Available (PR Newswire)
Jun-15-26 07:33PM	Why the SpaceX IPO Dragged AST SpaceMobile Down (Trefis)
02:48PM	Cathie Wood Buys $444 Million in SpaceX, Dumps Tesla and AMD (GuruFocus.com)
02:00AM	Satellite Stocks Are Flying on SpaceX, Spectrum-Sale Hopes. Time Is Running Out. (Barrons.com)
Jun-12-26 03:01AM	Is Cathie Wood Making Room For SpaceX? ARK Funds Dump Over $200M Across 20 Stocks Ahead Of Mega IPO (Stocktwits) -5.19%
May-22-26 08:01AM	Musks Latest Venture Gives Space Stocks Their Own Tesla Surge (Bloomberg) +6.87%
May-21-26 04:50AM	Why Is IRDM Stock Rising Premarket Today? (Stocktwits)
May-20-26 04:55PM	Starlink, SpaceX crown jewel, brings in more than $11 billion in revenue (MarketWatch)
04:47PM	SpaceX just put out its IPO filing. Here's everything investors need to know. (MarketWatch)
May-14-26 12:42PM	Iridium Bets on Air Safety in Aireon Takeover (The Wall Street Journal)
07:01AM	Iridium to Acquire Aireon, Advancing its Strategy to Lead the Future of Aviation Safety (PR Newswire)
Apr-23-26 12:49PM	Iridium Communications Inc. Q1 2026 Earnings Call Summary (Moby)
10:20AM	Iridium falls 5% after earnings miss outweighs slight revenue beat (InvestorsHub)
07:11AM	Iridium: Q1 Earnings Snapshot (Associated Press)
07:01AM	Iridium Announces First Quarter 2026 Results (PR Newswire)

Show Previous News

Insider Trading	Relationship	Date	Transaction	Cost	#Shares	Value ($)	#Shares Total	SEC Form 4
Last Timothy James	EVP, Sales & Marketing	Sep 15 '26	Sale	46.35	5,769	267,393	84,130	Sep 16 05:10 PM
TIMOTHY J LAST	Officer	Sep 15 '26	Proposed Sale	46.35	5,769	267,393		Sep 15 05:31 PM
Last Timothy James	EVP, Sales & Marketing	Sep 03 '26	Sale	47.36	2,013	95,336	89,899	Sep 04 04:03 PM
TIMOTHY J LAST	Officer	Sep 03 '26	Proposed Sale	47.36	2,013	95,342		Sep 03 05:01 PM
FITZPATRICK THOMAS	Director	Aug 17 '26	Sale	50.22	209,233	10,507,681	58,306	Aug 19 06:26 PM
FITZPATRICK THOMAS	Director	Aug 18 '26	Sale	49.20	15,046	740,263	43,260	Aug 19 06:26 PM
Last Timothy James	EVP, Sales & Marketing	Aug 17 '26	Sale	50.34	19,521	982,767	93,413	Aug 19 06:26 PM
Kapalka Timothy	CAO Iridium Satellite LLC	Aug 17 '26	Sale	50.51	13,473	680,521	35,731	Aug 19 06:25 PM
McBride Suzanne E.	Chief Operations Officer	Aug 17 '26	Sale	50.28	85,454	4,296,627	282,017	Aug 19 06:25 PM
Morgan Kathleen A.	Chief Legal Officer	Aug 17 '26	Sale	50.35	33,192	1,671,163	124,871	Aug 19 06:25 PM
Olson Eric T	Director	Aug 17 '26	Sale	50.61	8,000	404,880	149,680	Aug 19 06:25 PM
FITZPATRICK THOMAS	Director	Aug 18 '26	Proposed Sale	49.57	15,046	745,905		Aug 18 04:03 PM
SUZANNE MCBRIDE	Officer	Aug 17 '26	Proposed Sale	50.28	85,454	4,296,678		Aug 17 06:00 PM
ERIC T OLSON	Director	Aug 17 '26	Proposed Sale	50.61	8,000	404,881		Aug 17 05:24 PM
THOMAS FITZPATRICK	Director	Aug 17 '26	Proposed Sale	50.22	209,233	10,508,446		Aug 17 05:12 PM
TIMOTHY J LAST	Officer	Aug 17 '26	Proposed Sale	50.34	19,521	982,754		Aug 17 04:26 PM
KATHLEEN MORGAN	Officer	Aug 17 '26	Proposed Sale	50.35	33,192	1,671,254		Aug 17 04:18 PM
Kapalka Timothy	CAO Iridium Satellite LLC	Apr 02 '26	Sale	31.00	3,790	117,490	47,764	Apr 06 05:51 PM
Kapalka Timothy	CAO Iridium Satellite LLC	Apr 06 '26	Sale	33.00	2,043	67,419	45,721	Apr 06 05:51 PM
FITZPATRICK THOMAS	Director	Oct 31 '25	Sale	18.00	20,839	375,102	231,034	Nov 03 04:30 PM
DESCH MATTHEW J	CHIEF EXECUTIVE OFFICER	Oct 30 '25	Buy	17.33	20,000	346,600	1,127,019	Nov 03 04:29 PM
THOMAS FITZPATRICK	Director	Oct 31 '25	Proposed Sale	18.00	20,839	375,102		Oct 31 04:07 PM
FITZPATRICK THOMAS	Director	Oct 28 '25	Sale	18.00	6,797	122,346	251,873	Oct 29 04:57 PM
FITZPATRICK THOMAS	Director	Oct 27 '25	Sale	18.00	3,331	59,958	258,670	Oct 29 04:57 PM
NIEHAUS ROBERT H	Director	Oct 28 '25	Buy	17.49	30,000	524,700	297,363	Oct 29 04:57 PM
THOMAS FITZPATRICK	Director	Oct 28 '25	Proposed Sale	18.00	6,797	122,375		Oct 28 06:14 PM
THOMAS FITZPATRICK	Director	Oct 27 '25	Proposed Sale	18.00	3,331	59,958		Oct 27 06:10 PM

Iridium Communications, Inc. operates as a commercial provider of communications services offering true global coverage, connecting people, organizations and assets to and from anywhere, in real time. It offers its services to businesses, the U.S. and foreign governments, non-governmental organizations, and consumers via satellite network, which has an architecture of operational satellites with in-orbit spares and related ground infrastructure. Its products include personal communicators, messengers, and trackers, satellite phones, push-to-talk-devices, broadband terminals, midband terminals, external antennas, docking stations, apps, accessories and developer tools & resources. The company was founded in 2000 and is headquartered in McLean, VA.

CEO & DirectorMr. Matthew J. Desch

Chief Financial OfficerMr. Vincent J. O'Neill

COO & DirectorMs. Suzanne E. McBride

Chief Legal Officer & Company SecretaryMs. Kathleen A. Morgan

Executive Vice President of Government ProgramsMr. Scott T. Scheimreif

open in yahoo | open in reuters | open in marketwatch | open in google | open in EDGAR

IRDM

Iridium Communications Inc

Upgrade your Finviz experience