A share price of Iridium Communications Inc [IRDM] is currently trading at $25.77, up 2.38%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The IRDM shares have gain 6.66% over the last week, with a monthly amount glided 0.74%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Iridium Communications Inc [NASDAQ: IRDM] stock has seen the most recent analyst activity on May 05, 2025, when Oppenheimer initiated its Outperform rating and assigned the stock a price target of $34. Previously, William Blair upgraded its rating to Outperform on April 22, 2025. On January 24, 2025, Cantor Fitzgerald initiated with a Overweight rating and assigned a price target of $40 on the stock. BWS Financial downgraded its rating to a Neutral but stick to its price target of $30 on February 16, 2024. William Blair downgraded its rating to a Mkt Perform. Deutsche Bank upgraded its rating to Buy for this stock on September 18, 2023, but kept the price target unchanged to $57. In a note dated July 27, 2023, Barclays upgraded an Overweight rating on this stock and revised its target price from $66 to $65.
Iridium Communications Inc experienced fluctuations in its stock price throughout the past year between $19.91 and $35.85. Iridium Communications Inc [NASDAQ: IRDM] shares were valued at $25.77 at the most recent close of the market.
Analyzing the IRDM fundamentals
Trailing Twelve Months sales for Iridium Communications Inc [NASDAQ:IRDM] were 841.71M which represents 5.41% growth. Gross Profit Margin for this corporation currently stands at 0.68% with Operating Profit Margin at 0.25%, Pretax Profit Margin comes in at 0.14%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.19 and Total Capital is 0.09. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of3.49.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 25.13 points at the first support level, and at 24.49 for the second support level. However, for the 1st resistance point, the stock is sitting at 26.16, and for the 2nd resistance point, it is at 26.56.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Iridium Communications Inc [NASDAQ:IRDM] is 1.99. Also, the Quick Ratio is 1.36, while the Cash Ratio stands at 0.39. Considering the valuation of this stock, the price to sales ratio is 3.31, the price to book ratio is 5.40 and price to earnings (TTM) ratio is 24.20.
Transactions by insiders
Recent insider trading involved Olson Eric T, Director, that happened on Feb 18 ’25 when 4955.0 shares were sold. CHIEF LEGAL OFFICER, Morgan Kathleen A. completed a deal on Feb 18 ’25 to sell 15005.0 shares. Meanwhile, Director Olson Eric T bought 4955.0 shares on Feb 18 ’25.
