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
5.70B
Market cap5.70B
Price-Earnings ratio
54.22
Price-Earnings ratio54.22
Dividend yield
1.06%
Dividend yield1.06%
Average volume
4.34M
Average volume4.34M
High today
$57.18
High today$57.18
Low today
$53.38
Low today$53.38
Open price
$56.00
Open price$56.00
Volume
3.29M
Volume3.29M
52 Week high
$57.18
52 Week high$57.18
52 Week low
$15.65
52 Week low$15.65

Stock Snapshot

With a market cap of 5.7B, Iridium Communications(IRDM) trades at $53.44. The stock has a price-to-earnings ratio of 54.22 and currently yields dividends of 1.06%.

As of 2026-07-04, Iridium Communications(IRDM) stock has fluctuated between $53.38 and $57.18. The current price stands at $53.44, placing the stock +0.1% above today's low and -6.5% off the high.

The Iridium Communications(IRDM)'s current trading volume is 3.29M, compared to an average daily volume of 4.34M.

During the past year, Iridium Communications(IRDM) stock moved between $15.65 at its lowest and $57.18 at its peak.

During the past year, Iridium Communications(IRDM) stock moved between $15.65 at its lowest and $57.18 at its peak.

IRDM News

Simply Wall St 3d
Iridium Stock Looks Strong On Cash Flow But Rich On Earnings

Iridium Communications has become a valuation puzzle after a powerful run, with a Discounted Cash Flow (DCF) intrinsic value estimate pointing to meaningful ups...

Iridium Stock Looks Strong On Cash Flow But Rich On Earnings
TipRanks 4d
Rocket Lab Stock Surges as Top BofA Analyst Cheers Iridium Deal

Rocket Lab (RKLB) stock gained over 3% on Tuesday as analysts continued to praise its plan to buy Iridium Communications (IRDM). The latest lift came from Bank...

TipRanks 4d
Iridium price target raised to $54 from $26 at Morgan Stanley

Morgan Stanley analyst Justin Lang raised the firm’s price target on Iridium (IRDM) to $54 from $26 and keeps an Equal Weight rating on the shares after the com...

Analyst ratings

70%

of 10 ratings
Buy
20%
Hold
70%
Sell
10%

More IRDM News

24/7 Wall St. 5d
Rocket Lab Soars 12% on $8 Billion Iridium Takeover, AST SpaceMobile and Planet Labs Rise 10%

Rocket Lab Soars 12% on $8 Billion Iridium Takeover, AST SpaceMobile and Planet Labs Rise 10% By David Moadel Published Jun 29, 9:46AM EDT Quick Read Rocket L...

Rocket Lab Soars 12% on $8 Billion Iridium Takeover, AST SpaceMobile and Planet Labs Rise 10%
Investor's Business Daily 5d
Rocket Lab Stock Soars After Acquiring Satellite Company Iridium Communications

News Rocket Lab Stock Soars After Acquiring Satellite Company Iridium Communications Licensing The space company Rocket Lab will acquire the satellite operator...

Rocket Lab Stock Soars After Acquiring Satellite Company Iridium Communications
TipRanks 5d
Rocket Lab to Acquire Iridium in Strategic Merger

Unlock powerful investing tools and data-driven insights with TipRanks Premium for more confident investment decisions. Discover top stock picks and new invest...

Nasdaq 5d
Rocket Lab To Acquire Iridium For Around $8 Bln; IRDM Up Over 21% In Pre-Market

(RTTNews) - Rocket Lab Corporation (RKLB), an aerospace manufacturer and launch service provider, said on Monday that it has inked a deal to buy Iridium Communi...

Rocket Lab To Acquire Iridium For Around $8 Bln; IRDM Up Over 21% In Pre-Market
TipRanks 5d
Gilat Satellite rallies 5% to $12.43 after Rocket Lab acquires Iridium

07:10 EDT Gilat Satellite (GILT) rallies 5% to $12.43 after Rocket Lab (RKLB) acquires Iridium (IRDM) Published first on TheFly – the ultimate source for real-...

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