Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ad-Free, Unlimited access)​
NO CREDIT CARD REQUIRED
IRDM logo IRDM
Upturn stock ratingUpturn stock rating
IRDM logo

Iridium Communications Inc (IRDM)

Upturn stock ratingUpturn stock rating
$30.17
Last Close (24-hour delay)
Profit since last BUY9.19%
upturn advisory
Consider higher Upturn Star rating
BUY since 16 days
  • 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
  • MONTH
  • WEEK

Upturn Advisory Summary

06/30/2025: IRDM (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

ratingratingratingratingrating

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

These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.

Year Target Price $38.62

Year Target Price $38.62

Analyst’s Price TargetsFor last 52 week
$38.62Target price
Low$19.81
Current$30.17
high$35.33

Analysis of Past Performance

Type Stock
Historic Profit -41.69%
Avg. Invested days 25
Today’s Advisory Consider higher Upturn Star rating
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 06/30/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 3.26B USD
Price to earnings Ratio 28.73
1Y Target Price 38.62
Price to earnings Ratio 28.73
1Y Target Price 38.62
Volume (30-day avg) 9
Beta 0.75
52 Weeks Range 19.81 - 35.33
Updated Date 06/30/2025
52 Weeks Range 19.81 - 35.33
Updated Date 06/30/2025
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 28.73
Forward PE 25.84
Enterprise Value 5018183371
Price to Sales(TTM) 3.88
Enterprise Value 5018183371
Price to Sales(TTM) 3.88
Enterprise Value to Revenue 5.96
Enterprise Value to EBITDA 12.1
Shares Outstanding 108160000
Shares Floating 95138903
Shares Outstanding 108160000
Shares Floating 95138903
Percent Insiders 12.32
Percent Institutions 95.71

Analyst Ratings

Rating 3
Target Price 38.62
Buy 2
Strong Buy 6
Buy 2
Strong Buy 6
Hold 1
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Iridium Communications Inc

stock logo

Company Overview

overview logo 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.

business area logo 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 logo 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

overview logo 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 logo 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

competitor logo 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.

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.