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Iridium Communications Inc (IRDM)

Upturn stock ratingUpturn stock rating
$18.39
Last Close (24-hour delay)
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PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
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Upturn Advisory Summary

09/17/2025: IRDM (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

9 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $33.38

1 Year Target Price $33.38

Analysts Price Target For last 52 week
$33.38 Target price
52w Low $16.94
Current$18.39
52w High $35.03

Analysis of Past Performance

Type Stock
Historic Profit -50.3%
Avg. Invested days 28
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 1.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 09/17/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.93B USD
Price to earnings Ratio 18.16
1Y Target Price 33.38
Price to earnings Ratio 18.16
1Y Target Price 33.38
Volume (30-day avg) 9
Beta 0.78
52 Weeks Range 16.94 - 35.03
Updated Date 09/16/2025
52 Weeks Range 16.94 - 35.03
Updated Date 09/16/2025
Dividends yield (FY) 3.08%
Basic EPS (TTM) 1

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 13.2%
Operating Margin (TTM) 23.17%

Management Effectiveness

Return on Assets (TTM) 5.22%
Return on Equity (TTM) 17.96%

Valuation

Trailing PE 18.16
Forward PE 12.53
Enterprise Value 3659011029
Price to Sales(TTM) 2.25
Enterprise Value 3659011029
Price to Sales(TTM) 2.25
Enterprise Value to Revenue 4.27
Enterprise Value to EBITDA 8.64
Shares Outstanding 106114000
Shares Floating 92992932
Shares Outstanding 106114000
Shares Floating 92992932
Percent Insiders 12.52
Percent Institutions 94.89

ai summary icon Upturn AI SWOT

Iridium Communications Inc

stock logo

Company Overview

overview logo History and Background

Iridium Communications Inc. was founded in 1991 as a Motorola project. It faced bankruptcy in the late 1990s but was resurrected by a private investment group. Iridium provides satellite communications services globally, enabling voice and data connectivity where terrestrial options are unavailable.

business area logo Core Business Areas

  • Commercial Services: Provides voice and data services to businesses, governments, and individuals, including maritime, aviation, and land-based customers. Core to this segment is also M2M IOT connectivity.
  • Government Services: Offers specialized communication solutions to the U.S. government and other international governmental entities, often with secure communication needs.
  • Equipment: Sales of satellite phones, modems, and other related equipment needed to access the Iridium network.
  • Engineering and Support: Provides engineering and support services to customize solutions for customers.

leadership logo Leadership and Structure

Matt Desch is the CEO. The company has a board of directors and operates with functional departments such as sales, marketing, engineering, and finance.

Top Products and Market Share

overview logo Key Offerings

  • Iridium Certus: A broadband service providing high-speed data connectivity for maritime, land mobile, and aviation applications. Market share is growing in the maritime sector, competing with Inmarsat and VSAT providers. Number of users: Not publicly disclosed. Competitors: Inmarsat, VSAT providers (e.g., Hughes, Viasat).
  • Iridium GO!: A portable device that creates a Wi-Fi hotspot using the Iridium network, enabling smartphone connectivity for voice, data, and messaging. Revenue is significant. Competitors: Thuraya SatSleeve, similar satellite-based portable connectivity devices.
  • Satellite Phones: Handheld satellite phones for voice and messaging services. Stable revenue stream. Competitors: Thuraya, Globalstar.
  • Iridium Short Burst Data (SBD): Low-bandwidth data service ideal for machine-to-machine (M2M) applications and tracking devices. Very strong market share in tracking and M2M. Competitors: Globalstar, Orbcomm.

Market Dynamics

industry overview logo Industry Overview

The satellite communications industry is growing, driven by demand for connectivity in remote areas, IoT applications, and increasing reliance on satellite services for government and military operations.

Positioning

Iridium's key competitive advantage is its truly global coverage enabled by its constellation of 66 active satellites. It is well-positioned to serve niche markets requiring ubiquitous connectivity.

Total Addressable Market (TAM)

The total addressable market for satellite communications is estimated to be in the tens of billions of dollars. Iridium is positioned to capture a significant share, focusing on its niche markets such as maritime, aviation, government, and IoT.

Upturn SWOT Analysis

Strengths

  • Global Coverage
  • Reliable Network
  • Strong Government Relationships
  • Growing IOT Revenue
  • Diverse Product Portfolio

Weaknesses

  • Higher Service Costs Compared to Terrestrial Networks
  • Limited Bandwidth Compared to Terrestrial Networks
  • Susceptibility to Space Weather Events
  • Reliance on Partner Network

Opportunities

  • Expansion of IoT Applications
  • Increased Demand for Maritime Connectivity
  • Growth in Government Satellite Services
  • Partnerships with Telecom Providers
  • Integration with 5G Networks

Threats

  • Competition from LEO Constellations (e.g., Starlink, OneWeb)
  • Technological Advancements in Terrestrial Networks
  • Economic Downturn Affecting Customer Spending
  • Regulatory Changes
  • Cybersecurity Threats

Competitors and Market Share

competitor logo Key Competitors

  • ORBC
  • GLBL
  • LORL

Competitive Landscape

Iridium's global coverage is a significant advantage. However, it faces competition from other satellite operators, as well as terrestrial networks in areas where they are available. Iridium competes on reliability, ubiquity, and specialized solutions.

Major Acquisitions

Satelles

  • Year: 2023
  • Acquisition Price (USD millions): 115
  • Strategic Rationale: To expand Iridium's capabilities in assured position, navigation, and timing (PNT) services.

Growth Trajectory and Initiatives

Historical Growth: Iridium has experienced steady growth over the past decade, driven by expansion in its core markets and the introduction of new services like Iridium Certus.

Future Projections: Analysts project continued revenue and earnings growth for Iridium, driven by demand for its services in maritime, aviation, IoT, and government sectors.

Recent Initiatives: Recent initiatives include expanding Iridium Certus capabilities, developing new IoT solutions, and strengthening partnerships with key customers.

Summary

Iridium Communications is a robust company with a unique strength in global satellite coverage. It leverages Iridium Certus and other IoT services for stable revenue growth. The company faces competition from terrestrial solutions and other LEO constellations, yet their strong government relationships and continuous innovation in niche markets allows them to grow revenue.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Iridium Communications Inc. Investor Relations
  • Company Filings (SEC)
  • Industry Reports
  • Analyst Reports

Disclaimers:

This analysis is based on publicly available information and analyst estimates. It is for informational purposes only and should not be considered financial advice. Market conditions and company performance are subject to change.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization 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
Full time employees 873

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.