Iridium Communications (NASDAQ:IRDM) Stock Price Up 14.6% Following Earnings Beat

Iridium Communications Inc (NASDAQ:IRDM) shares were up 14.6% on Thursday following a better than expected earnings announcement. The company traded as high as $21.66 and last traded at $21.15. Approximately 1,712,574 shares traded hands during mid-day trading, a decline of 23% from the average daily volume of 2,225,559 shares. The stock had previously closed at $18.46.

The technology company reported $0.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.23 by $0.01. The firm had revenue of $212.94 million during the quarter, compared to analysts’ expectations of $219.14 million. Iridium Communications had a return on equity of 23.78% and a net margin of 13.12%.The company’s revenue was up .0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.32 EPS.

Iridium Communications Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th were paid a $0.15 dividend. The ex-dividend date was Monday, December 15th. This represents a $0.60 annualized dividend and a yield of 2.6%. Iridium Communications’s payout ratio is presently 53.10%.

Iridium Communications News Summary

Here are the key news stories impacting Iridium Communications this week:

• Positive Sentiment: Q4 EPS topped estimates and drove the rally — Iridium reported $0.24 EPS versus consensus $0.23, with recurring service revenue and IoT growth offsetting equipment weakness; the market rewarded the beat. IRDM Q4 Earnings Top on IoT Strength, Revenues Lag, Stock Soars 21%
• Positive Sentiment: Strong profitability metrics and call commentary — management highlighted solid EBITDA expansion and durable subscription/recurring revenue trends on the earnings call, supporting near-term cash generation. Iridium Communications Inc (IRDM) Q4 2025 Earnings Call Highlights: Strong EBITDA Growth Amid …
• Neutral Sentiment: Company issued full-year 2026 guidance alongside 2025 results — management published its 2026 outlook (details in the PR), giving investors new forward data to reprice the stock; guidance content is driving intra-day positioning. Iridium Announces 2025 Results; Issues 2026 Outlook
• Neutral Sentiment: Market write-ups explaining the move — several outlets summarized the rally and underlying drivers for investors looking for context. Why Iridium Communications Inc.’s (IRDM) Stock Is Up 15.39%
• Negative Sentiment: Revenue missed expectations and was roughly flat year-over-year — top-line softness (equipment sales weakness) tempers the EPS beat and could limit upside until revenue growth re-accelerates. IRDM Q4 Earnings Top on IoT Strength, Revenues Lag, Stock Soars 21%
• Negative Sentiment: Company flagged slower 2026 dynamics and risks to competitive edge — analyst notes and company disclosures highlighted a more cautious 2026 pace and a new trade-secrets/IP risk item that could affect long-term differentiation. Iridium Communications’ IP at Risk: How Global Legal Gaps Threaten Its Technology Edge and Profitability

Analysts Set New Price Targets

A number of research firms have recently commented on IRDM. Morgan Stanley restated an “equal weight” rating and set a $24.00 price objective (down from $37.00) on shares of Iridium Communications in a research note on Friday, January 16th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Iridium Communications in a report on Thursday, January 22nd. Finally, BWS Financial restated a “sell” rating and issued a $16.00 price target on shares of Iridium Communications in a research note on Friday, October 24th. Four research analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $25.00.

Institutional Investors Weigh In On Iridium Communications

Hedge funds have recently added to or reduced their stakes in the business. Millennium Management LLC grew its stake in Iridium Communications by 265.8% in the 3rd quarter. Millennium Management LLC now owns 3,039,731 shares of the technology company’s stock valued at $53,074,000 after buying an additional 2,208,857 shares during the last quarter. Man Group plc boosted its stake in Iridium Communications by 226.3% in the 3rd quarter. Man Group plc now owns 2,012,077 shares of the technology company’s stock valued at $35,131,000 after purchasing an additional 1,395,485 shares during the period. ARK Investment Management LLC grew its holdings in Iridium Communications by 21.7% in the 3rd quarter. ARK Investment Management LLC now owns 6,490,108 shares of the technology company’s stock valued at $113,317,000 after buying an additional 1,156,580 shares in the last quarter. Silver Heights Capital Management Inc increased its position in Iridium Communications by 22.7% during the 3rd quarter. Silver Heights Capital Management Inc now owns 5,189,703 shares of the technology company’s stock worth $90,612,000 after buying an additional 961,440 shares during the period. Finally, Bank of America Corp DE lifted its holdings in shares of Iridium Communications by 124.8% during the third quarter. Bank of America Corp DE now owns 1,581,142 shares of the technology company’s stock worth $27,607,000 after buying an additional 877,760 shares in the last quarter. Institutional investors and hedge funds own 84.36% of the company’s stock.

Iridium Communications Stock Performance

The company has a market cap of $2.43 billion, a P/E ratio of 21.86, a PEG ratio of 1.36 and a beta of 0.61. The stock’s 50-day moving average price is $18.99 and its 200-day moving average price is $19.59. The company has a debt-to-equity ratio of 4.02, a current ratio of 2.67 and a quick ratio of 1.93.

Iridium Communications Company Profile

Iridium Communications Inc operates a global satellite communications network that delivers voice and data services across land, sea and air. The company’s unique architecture relies on a constellation of 66 low-Earth orbit satellites, enabling real-time connectivity in regions beyond the reach of terrestrial wireless networks. Iridium’s core offerings include satellite voice and messaging services, broadband data terminals, push-to-talk (PTT) interoperability and machine-to-machine (M2M) solutions for the Internet of Things (IoT).

Iridium serves a diverse range of markets, including maritime shipping, aviation, government and defense, energy, and enterprise.