Iridium Communications

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About IRDM

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. 

CEO
Matthew J. Desch
CEOMatthew J. Desch
Employees
975
Employees975
Headquarters
McLean, Virginia
HeadquartersMcLean, Virginia
Founded
2000
Founded2000
Employees
975
Employees975

IRDM Key Statistics

Market cap
5.40B
Market cap5.40B
Price-Earnings ratio
50.03
Price-Earnings ratio50.03
Dividend yield
1.15%
Dividend yield1.15%
Average volume
2.31M
Average volume2.31M
High today
$53.83
High today$53.83
Low today
$49.00
Low today$49.00
Open price
$50.21
Open price$50.21
Volume
1.19M
Volume1.19M
52 Week high
$53.83
52 Week high$53.83
52 Week low
$15.65
52 Week low$15.65

Stock Snapshot

As of today, Iridium Communications(IRDM) shares are valued at $51.03. The company's market cap stands at 5.4B, with a P/E ratio of 50.03 and a dividend yield of 1.1%.

On 2026-06-03, Iridium Communications(IRDM) stock traded between a low of $49.00 and a high of $53.83. Shares are currently priced at $51.03, which is +4.1% above the low and -5.2% below the high.

Iridium Communications(IRDM) shares are trading with a volume of 1.19M, against a daily average of 2.31M.

In the last year, Iridium Communications(IRDM) shares hit a 52-week high of $53.83 and a 52-week low of $15.65.

In the last year, Iridium Communications(IRDM) shares hit a 52-week high of $53.83 and a 52-week low of $15.65.

IRDM News

Investing.com 2h
Iridium Communications stock hits 52-week high at 52.38 USD - Investing.com

...

Iridium Communications stock hits 52-week high at 52.38 USD - Investing.com
TipRanks 4h
Iridium price target raised to $60 from $48 at Oppenheimer

Oppenheimer analyst Timothy Horan raised the firm’s price target on Iridium (IRDM) to $60 from $48 and keeps an Outperform rating on the shares. The firm is upd...

Simply Wall St 2d
Reassessing Iridium Communications Valuation After A Sharp Share Price Run And Conflicting Fair Value Signals

Advertisement Why Iridium Communications (IRDM) is Back on Investors’ Radar Iridium Communications (IRDM) has drawn fresh attention after a strong recent run...

Reassessing Iridium Communications Valuation After A Sharp Share Price Run And Conflicting Fair Value Signals

Analyst ratings

45%

of 11 ratings
Buy
45.5%
Hold
36.4%
Sell
18.2%

More IRDM News

Simply Wall St 4d
Does Iridium Communications' Steady Dividend Signal Enduring Cash Strength Or Limited Reinvestment Ambition?

In May 2026, Iridium Communications Inc. declared a quarterly dividend of US$0.1500 per share, payable on June 30, 2026, to shareholders of record on June 15, 2...

Does Iridium Communications' Steady Dividend Signal Enduring Cash Strength Or Limited Reinvestment Ambition?

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