(IRDM) Iridium Communications - Overview

Sector: Communication Services | Industry: Telecom Services | Exchange: NASDAQ (USA) | Market Cap: 4.592m USD | Total Return: 69.5% in 12m

Satellite Handsets, Voice Modems, Data Terminals, IoT Devices

Total Rating 59

Safety 67

Buy Signal 1.05

Telecom Services
Industry Rotation: +5.1

Market Cap: 4.59B
Avg Turnover: 84.0M

Risk 3d forecast

Volatility52.0%

VaR 5^th Pctl7.71%

VaR vs Median-12.8%

Reward TTM

Sharpe Ratio1.08

Rel. Str. IBD94.9

Rel. Str. Peer Group91.9

Character TTM

Beta1.063

Beta Downside1.024

Hurst Exponent0.457

Drawdowns 3y

Max DD74.46%

CAGR/Max DD-0.13

CAGR/Mean DD-0.19

EPS (Earnings per Share)

EPS CAGR: 54.53%
EPS Trend: 70.1%

Last SUE: -0.87
Qual. Beats: 0

Revenue

Rev. CAGR: 6.18%
Rev. Trend: 89.9%

Last SUE: -0.02
Qual. Beats: 0

Warnings

Altman Z'' 0.41 < 1.0 - financial distress zone

Tailwinds

Supp Ema20, Leader, Tailwind, Pullback 52w, Confidence

Description: IRDM Iridium Communications

Iridium Communications Inc. (IRDM) operates a global satellite constellation providing mobile voice and data services to government, commercial, and individual clients. The company’s infrastructure supports land, maritime, and aviation sectors through a suite of products including satellite handsets, broadband terminals, and IoT-integrated devices. Its business model relies on a wholesale distribution network of service providers and value-added resellers to reach end users across diverse geographic markets.

The company is a key player in the Alternative Carriers sub-industry, distinguished by its low-earth orbit (LEO) satellite architecture which provides cross-linked coverage over the entire surface of the Earth, including polar regions. Unlike geostationary satellite providers, Iridium’s LEO network offers lower latency and requires smaller hardware, making it a critical provider for beyond-line-of-sight military communications and global asset tracking. Investors may find additional performance metrics on ValueRay to further evaluate this sector.

Iridium generates recurring revenue through postpaid and prepaid service plans, as well as specialized engineering services and maintenance for government gateways. In addition to core communication services, the company leverages its satellite architecture for hosted payloads and satellite-based time and location services, diversifying its utility beyond traditional voice and data transmission.

Headlines to Watch Out For

Expansion of IoT subscriber base drives recurring service revenue growth
U.S. government contract renewals provide long-term cash flow stability
Satellite constellation maintenance costs and capital expenditure impact free cash flow
Direct-to-device technology adoption influences competitive positioning in mobile satellite markets
Hosted payload and data service agreements diversify non-voice revenue streams

Piotroski VR‑10 (Strict) 6.0

Net Income: 105.6m TTM > 0 and > 6% of Revenue
FCF/TA: 0.12 > 0.02 and ΔFCF/TA 1.09 > 1.0
NWC/Revenue: 22.91% < 20% (prev 15.14%; Δ 7.77% < -1%)
CFO/TA 0.16 > 3% & CFO 410.6m > Net Income 105.6m
Net Debt (1.65b) to EBITDA (441.5m): 3.74 < 3
Current Ratio: 2.85 > 1.5 & < 3
Outstanding Shares: last quarter (106.6m) vs 12m ago -3.72% < -2%
Gross Margin: 62.53% > 18% (prev 0.48%; Δ 6.20k% > 0.5%)
Asset Turnover: 34.06% > 50% (prev 32.25%; Δ 1.82% > 0%)
Interest Coverage Ratio: 2.46 > 6 (EBITDA TTM 441.5m / Interest Expense TTM 93.2m)

Altman Z'' 0.41

A: 0.08 (Total Current Assets 309.1m - Total Current Liabilities 108.4m) / Total Assets 2.53b
B: -0.16 (Retained Earnings -397.0m / Total Assets 2.53b)
C: 0.09 (EBIT TTM 229.2m / Avg Total Assets 2.57b)
D: -0.19 (Book Value of Equity -398.6m / Total Liabilities 2.06b)
Altman-Z'' Score: 0.41 = B

Beneish M -3.42

DSRI: 0.95 (Receivables 104.4m/105.4m, Revenue 875.8m/841.7m)
GMI: 0.77 (GM 62.53% / 48.09%)
AQI: 0.92 (AQ_t 0.11 / AQ_t-1 0.12)
SGI: 1.04 (Revenue 875.8m / 841.7m)
TATA: -0.12 (NI 105.6m - CFO 410.6m) / TA 2.53b)
Beneish M-Score: -3.42 (Cap -4..+1) = AA

What is the price of IRDM shares? As of May 18, 2026, the stock is trading at USD 41.62 with a total of 2,002,611 shares traded.
Over the past week, the price has changed by +0.39%, over one month by -0.55%, over three months by +77.95% and over the past year by +69.54%.

Is IRDM a buy, sell or hold? Iridium Communications has received a consensus analysts rating of 4.56. Therefore, it is recommended to buy IRDM.

StrongBuy: 6
Buy: 2
Hold: 1
Sell: 0
StrongSell: 0

What are the forecasts/targets for the IRDM price?

Analysts Target Price	35.9	-13.8%

Iridium Communications (IRDM) - Fundamental Data Overview as of 16 May 2026

P/E Trailing = 43.8687
P/E Forward = 39.0625
P/S = 5.2427
P/B = 9.3594
P/EG = 2.44
Revenue TTM = 875.8m USD
EBIT TTM = 229.2m USD
EBITDA TTM = 441.5m USD
Long Term Debt = 1.75b USD (from longTermDebt, last quarter)
Short Term Debt = 7.97m USD (from shortTermDebt, last quarter)
Debt = 1.76b USD (corrected: LT Debt 1.75b + ST Debt 7.97m)
Net Debt = 1.65b USD (recalculated: Debt 1.76b - CCE 111.6m)
Enterprise Value = 6.24b USD (4.59b + Debt 1.76b - CCE 111.6m)
Interest Coverage Ratio = 2.46 (Ebit TTM 229.2m / Interest Expense TTM 93.2m)
EV/FCF = 20.47x (Enterprise Value 6.24b / FCF TTM 304.9m)
FCF Yield = 4.89% (FCF TTM 304.9m / Enterprise Value 6.24b)
FCF Margin = 34.81% (FCF TTM 304.9m / Revenue TTM 875.8m)
Net Margin = 12.05% (Net Income TTM 105.6m / Revenue TTM 875.8m)
Gross Margin = 62.53% ((Revenue TTM 875.8m - Cost of Revenue TTM 328.2m) / Revenue TTM)
Gross Margin QoQ = 77.34% (prev 79.14%)
Tobins Q-Ratio = 2.46 (Enterprise Value 6.24b / Total Assets 2.53b)
Interest Expense / Debt = 1.27% (Interest Expense 22.4m / Debt 1.76b)
Taxrate = 29.02% (8.83m / 30.4m)
NOPAT = 162.7m (EBIT 229.2m * (1 - 29.02%))
Current Ratio = 2.85 (Total Current Assets 309.1m / Total Current Liabilities 108.4m)
Debt / Equity = 3.76 (Debt 1.76b / totalStockholderEquity, last quarter 468.4m)
Debt / EBITDA = 3.74 (Net Debt 1.65b / EBITDA 441.5m)
Debt / FCF = 5.41 (Net Debt 1.65b / FCF TTM 304.9m)
Total Stockholder Equity = 463.8m (last 4 quarters mean from totalStockholderEquity)
RoA = 4.11% (Net Income 105.6m / Total Assets 2.53b)
RoE = 22.76% (Net Income TTM 105.6m / Total Stockholder Equity 463.8m)
RoCE = 10.34% (EBIT 229.2m / Capital Employed (Equity 463.8m + L.T.Debt 1.75b))
RoIC = 7.24% (NOPAT 162.7m / Invested Capital 2.25b)
WACC = 7.28% (E(4.59b)/V(6.35b) * Re(9.72%) + D(1.76b)/V(6.35b) * Rd(1.27%) * (1-Tc(0.29)))
Discount Rate = 9.72% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -86.67 | Cagr: -6.10%
[DCF] Terminal Value 81.57% ; FCFF base≈297.2m ; Y1≈305.4m ; Y5≈342.0m
[DCF] Fair Price = 51.64 (EV 7.11b - Net Debt 1.65b = Equity 5.46b / Shares 105.7m; r=7.28% [WACC]; 5y FCF grow 2.69% → 3.0% )
EPS Correlation: 70.09 | EPS CAGR: 54.53% | SUE: -0.87 | # QB: 0
Revenue Correlation: 89.86 | Revenue CAGR: 6.18% | SUE: -0.02 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.32 | Chg30d=+14.29% | Revisions=+20% | Analysts=1
EPS next Quarter (2026-09-30): EPS=0.37 | Chg30d=+18.10% | Revisions=+20% | Analysts=1
EPS current Year (2026-12-31): EPS=1.23 | Chg30d=+4.24% | Revisions=-33% | GrowthEPS=+15.6% | GrowthRev=+1.4%
EPS next Year (2027-12-31): EPS=1.43 | Chg30d=+8.78% | Revisions=+20% | GrowthEPS=+15.8% | GrowthRev=+3.8%
[Analyst] Revisions Ratio: -33%