Iridium Communications Inc. (IRDM) Research

Iridium Communications Inc. provides critical mobile voice and data communication services and products across the globe. The company serves a broad spectrum of clients, including businesses, both the United States and international governments, non-governmental organizations, and individual consumers worldwide. Their core offerings include postpaid and prepaid mobile satellite voice and data connectivity, push-to-talk services, broadband data solutions, and advanced Internet of Things (IoT) capabilities. Additionally, Iridium supports hosted payload services and various specialized data applications, such as satellite time and location tracking, inbound connections from public telephone networks, short message services, subscriber identity module (SIM) management, and other related operational and peripheral services. The company delivers comprehensive voice and data solutions designed for specific operational needs. These encompass tracking devices for personnel and assets (such as equipment, vehicles, and aircraft), essential beyond-line-of-sight communication for aviation, maritime communication systems, and customized secure communication solutions for high-value individuals. Iridium also supplies mobile communication and data devices tailored for military and intelligence agencies, featuring secure satellite handsets along with netted voice, messaging, and paging services. Furthermore, it provides maintenance services for the United States government's dedicated ground gateway. Iridium's product portfolio includes a variety of hardware such as satellite handsets, personal connectivity devices, voice and data modems, broadband data terminals, and IoT data devices. These are supported by an array of accessories, including batteries, holsters, headphones, portable auxiliary antennas, adaptors, USB cables, and charging units, complemented by robust engineering and support services. Commercial end-users access Iridium's products and services via a comprehensive wholesale distribution network comprising service providers, value-added resellers, and manufacturers. Established in 2000 and headquartered in McLean, Virginia, the company was formerly known as Iridium Holdings LLC before changing its name in September 2009.

Market snapshot

Symbol
IRDM
Price
$44.57
Day change
-1.07%
Market cap
$4.7B
P/E ratio
44.66x
52-week range
15.65-53.83
Sector
Communication Services
Industry
Telecommunications Services
Next earnings
in 1 month
Analyst price target
$42.75

Recent news

  • Iridium Bets on Air Safety in Aireon Takeover

    Satellite operator Iridium Communications agreed to take full control of a company that tracks airplane movements, betting it can grow the air data provider into a bigger business.

  • Iridium Stock Rises as a Rival Holds Bid Talks. What Dragged AST SpaceMobile Down.

    Iridium Communications stock was gaining while AST SpaceMobile was falling amid a flurry of satellite-related news.

Peer companies

  • Cogent Communications Holdings, Inc. (CCOI)
  • IDT Corporation (IDT)
  • IHS Holding Limited (IHS)
  • Liberty Latin America Ltd. (LILA)
  • Lionsgate Studios Corp. (LION)
  • Grupo Televisa, S.A.B. (TV)
  • John Wiley & Sons, Inc. (WLY)
  • Yelp Inc. (YELP)

Recent insider activity

  • O'Neill Vincent James — F-InKind (1459 shares) on 2026-06-01
  • Kapalka Timothy — A-Award (4175 shares) on 2026-06-01
  • Kapalka Timothy — F-InKind (692 shares) on 2026-06-01
  • Last Timothy James — F-InKind (1498 shares) on 2026-06-01
  • Scheimreif Scott — F-InKind (2205 shares) on 2026-06-01

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