Zacks Research Issues Optimistic Outlook for IRDM Earnings

Iridium Communications Inc. (NASDAQ:IRDM) – Stock analysts at Zacks Research boosted their Q2 2025 earnings estimates for shares of Iridium Communications in a report released on Wednesday, March 5th. Zacks Research analyst R. Department now forecasts that the technology company will post earnings of $0.24 per share for the quarter, up from their previous forecast of $0.17. The consensus estimate for Iridium Communications’ current full-year earnings is $0.89 per share. Zacks Research also issued estimates for Iridium Communications’ Q3 2025 earnings at $0.30 EPS, Q4 2025 earnings at $0.27 EPS, Q1 2026 earnings at $0.30 EPS, Q2 2026 earnings at $0.31 EPS, Q3 2026 earnings at $0.38 EPS, Q4 2026 earnings at $0.41 EPS and FY2027 earnings at $2.15 EPS.

Iridium Communications (NASDAQ:IRDM) last announced its quarterly earnings results on Thursday, February 13th. The technology company reported $0.31 EPS for the quarter, beating analysts’ consensus estimates of $0.15 by $0.16. Iridium Communications had a net margin of 13.58% and a return on equity of 15.66%. The business had revenue of $212.99 million for the quarter, compared to analyst estimates of $203.78 million.

Other analysts also recently issued research reports about the stock. Cantor Fitzgerald initiated coverage on shares of Iridium Communications in a report on Friday, January 24th. They issued an “overweight” rating and a $40.00 price objective for the company. StockNews.com raised shares of Iridium Communications from a “hold” rating to a “buy” rating in a report on Thursday, February 27th.

Iridium Communications Stock Up 1.2 %

Shares of IRDM opened at $30.65 on Friday. Iridium Communications has a 52 week low of $24.14 and a 52 week high of $35.85. The firm has a market cap of $3.34 billion, a P/E ratio of 32.26, a price-to-earnings-growth ratio of 1.28 and a beta of 0.65. The firm’s 50-day simple moving average is $29.66 and its 200 day simple moving average is $29.24. The company has a debt-to-equity ratio of 3.05, a quick ratio of 1.25 and a current ratio of 1.73.

Institutional Trading of Iridium Communications

Large investors have recently made changes to their positions in the company. Nordea Investment Management AB boosted its position in shares of Iridium Communications by 30.2% during the 4th quarter. Nordea Investment Management AB now owns 248,602 shares of the technology company’s stock worth $7,264,000 after acquiring an additional 57,690 shares in the last quarter. Impax Asset Management Group plc acquired a new stake in shares of Iridium Communications during the 3rd quarter worth approximately $697,000. Thrivent Financial for Lutherans boosted its position in shares of Iridium Communications by 19.8% during the 3rd quarter. Thrivent Financial for Lutherans now owns 130,370 shares of the technology company’s stock worth $3,970,000 after acquiring an additional 21,522 shares in the last quarter. Inspire Investing LLC boosted its position in shares of Iridium Communications by 185.7% during the 4th quarter. Inspire Investing LLC now owns 43,265 shares of the technology company’s stock worth $1,256,000 after acquiring an additional 28,119 shares in the last quarter. Finally, Barclays PLC boosted its position in shares of Iridium Communications by 19.2% during the 3rd quarter. Barclays PLC now owns 856,901 shares of the technology company’s stock worth $26,093,000 after acquiring an additional 137,924 shares in the last quarter. Institutional investors and hedge funds own 84.36% of the company’s stock.

Insider Buying and Selling at Iridium Communications

In related news, Director Thomas Fitzpatrick sold 12,500 shares of the stock in a transaction that occurred on Friday, January 10th. The shares were sold at an average price of $28.53, for a total transaction of $356,625.00. Following the sale, the director now owns 241,030 shares in the company, valued at approximately $6,876,585.90. This trade represents a 4.93 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 2.00% of the company’s stock.

Iridium Communications Company Profile

Iridium Communications Inc provides mobile voice and data communications services and products to businesses, the United States and international governments, non-governmental organizations, and consumers worldwide. The company offers postpaid mobile voice and data satellite communications; prepaid mobile voice satellite communications; push-to-talk; broadband data; and Internet of Things (IoT) services.