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Upturn AI SWOT - About
IRDM 
Iridium Communications Inc (IRDM)
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Upturn Advisory Summary
07/03/2025: IRDM (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
9 Analysts rated it
Limited analyst coverage, niche firm, research info may be scarce.
1 Year Target Price $38.62
1 Year Target Price $38.62
| 6 | Strong Buy |
| 2 | Buy |
| 1 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -38.54% | Avg. Invested days 26 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 07/03/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 3.44B USD | Price to earnings Ratio 30.29 | 1Y Target Price 38.62 |
Price to earnings Ratio 30.29 | 1Y Target Price 38.62 | ||
Volume (30-day avg) 9 | Beta 0.75 | 52 Weeks Range 19.81 - 35.33 | Updated Date 07/3/2025 |
52 Weeks Range 19.81 - 35.33 | Updated Date 07/3/2025 | ||
Dividends yield (FY) 1.86% | Basic EPS (TTM) 1.05 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 14.68% | Operating Margin (TTM) 28.1% |
Management Effectiveness
Return on Assets (TTM) 4.97% | Return on Equity (TTM) 18.01% |
Valuation
Trailing PE 30.29 | Forward PE 27.03 | Enterprise Value 5166363015 | Price to Sales(TTM) 4.09 |
Enterprise Value 5166363015 | Price to Sales(TTM) 4.09 | ||
Enterprise Value to Revenue 6.14 | Enterprise Value to EBITDA 12.45 | Shares Outstanding 108160000 | Shares Floating 95138903 |
Shares Outstanding 108160000 | Shares Floating 95138903 | ||
Percent Insiders 12.32 | Percent Institutions 95.62 |
Upturn AI SWOT
Iridium Communications Inc
Company Overview
History and Background
Iridium Communications Inc. was founded in the 1990s. Initially conceived by Motorola, it faced financial challenges and bankruptcy before being restructured and relaunched. Iridium is a satellite communications company providing voice and data services worldwide.
Core Business Areas
- Commercial Services: Provides voice and data services to businesses and individuals, including satellite phones, broadband devices, and IoT solutions.
- Government Services: Offers communication services to government agencies, including the U.S. Department of Defense, providing secure and reliable communication capabilities.
- Certus: Iridium's broadband service, Certus, offers global connectivity for a range of applications, including maritime, aviation, and land-mobile.
Leadership and Structure
Matt Desch is the CEO. The company operates with a functional organizational structure, with departments focused on engineering, sales, marketing, and finance.
Top Products and Market Share
Key Offerings
- Iridium Satellite Phones: Global satellite phones for voice communication in remote areas. Competitors include Inmarsat and Thuraya. Market share is significant in certain niche areas, but difficult to quantify precisely due to the broader satellite phone market.
- Iridium Certus Broadband: Broadband internet service providing connectivity in remote locations. Competitors include Viasat and Hughes Network Systems. This segment is a major growth area for Iridium, with significant revenue potential, but market share is constantly evolving.
- Iridium GO!: A portable hotspot that allows smartphones to connect to the Iridium satellite network. Competitors include other portable satellite communication devices. Sales numbers have grown, however it is difficult to identify market share.
Market Dynamics
Industry Overview
The satellite communications industry is growing due to increasing demand for connectivity in remote areas and for IoT applications. Key trends include the rise of low Earth orbit (LEO) satellites and the expansion of satellite-based IoT services.
Positioning
Iridium is positioned as a provider of reliable, global satellite communication services. Its competitive advantage lies in its 100% global coverage and its focus on specialized applications such as government services and maritime communications.
Total Addressable Market (TAM)
The total addressable market for satellite communications is estimated to be in the tens of billions of dollars. Iridium is well positioned to capture a significant portion of this market, especially in areas requiring true global coverage. Estimations suggest TAM is $50-100 Billion.
Upturn SWOT Analysis
Strengths
- 100% Global Coverage
- Reliable Satellite Network
- Strong Government Contracts
- Growing IoT Business
- Iridium Certus Broadband Service
Weaknesses
- Higher Service Costs Compared to Terrestrial Networks
- Dependence on Satellite Infrastructure
- Competition from Emerging LEO Satellite Constellations
- Slow speeds for older devices
Opportunities
- Expansion of IoT Applications
- Growth in Government and Military Spending
- Increased Demand for Maritime and Aviation Connectivity
- Partnerships with Other Technology Companies
- Expansion of Iridium Certus Services
Threats
- Emerging LEO Satellite Constellations (e.g., Starlink, OneWeb)
- Technological Advancements in Terrestrial Networks
- Economic Downturn Affecting Demand for Satellite Services
- Geopolitical Risks and Regulatory Changes
- Cybersecurity Threats
Competitors and Market Share
Key Competitors
- INMD
- VSAT
- ASTS
Competitive Landscape
Iridium's advantage lies in its global coverage and specialized applications. However, it faces increasing competition from emerging LEO satellite constellations like SpaceX's Starlink and AST SpaceMobile which seek to dominate bandwidth and speed.
Growth Trajectory and Initiatives
Historical Growth: Iridium has experienced moderate growth in recent years, driven by its Certus broadband service and its IoT business.
Future Projections: Analysts project continued growth for Iridium, driven by its expanding product offerings and strong position in the satellite communications market.
Recent Initiatives: Recent initiatives include expanding the Iridium Certus service, developing new IoT solutions, and securing additional government contracts.
Summary
Iridium Communications Inc. is a robust company with 100% global coverage making it a strong player in the satellite communication industry. It benefits from government contracts and a growing IoT business, however it has slightly higher service costs than terrestrial networks. Iridium should focus on expanding Iridium Certus services and capitalize on partnerships with other technology companies. Its greatest threat is the constant influx of newer satellite technology such as the new LEO constillations.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Iridium Communications Inc. Investor Relations
- Market Research Reports on Satellite Communications
- Analyst Reports
Disclaimers:
This analysis is for informational purposes only and should not be considered financial advice. Market conditions and company performance can change rapidly.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Iridium Communications Inc
Exchange NASDAQ | Headquaters McLean, VA, United States | ||
IPO Launch date 2008-03-20 | CEO & Director Mr. Matthew J. Desch | ||
Sector Communication Services | Industry Telecom Services | Full time employees 873 | Website https://www.iridium.com |
Full time employees 873 | Website https://www.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 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, charging units, and others. The company 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.
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