Iridium Communications Inc [IRDM] stock prices are up 4.00% to $26.23 at the moment. 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 3.96% over the last week, with a monthly amount glided 13.26%, 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.
The stock price of Iridium Communications Inc [IRDM] has been fluctuating between $19.91 and $35.85 over the past year. Iridium Communications Inc [NASDAQ: IRDM] shares were valued at $26.23 at the most recent close of the market.
Analyzing the IRDM fundamentals
The Iridium Communications Inc [NASDAQ:IRDM] reported sales of 841.71M for trailing twelve months, representing a surge of 5.41%. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 3.49.
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 25.51 points at the first support level, and at 24.78 for the second support level. However, for the 1st resistance point, the stock is sitting at 26.83, and for the 2nd resistance point, it is at 27.42.
Ratios To Look Out For
It’s worth pointing out that Iridium Communications Inc [NASDAQ:IRDM]’s Current Ratio 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 3.37, the price to book ratio is 5.50 and price to earnings (TTM) ratio is 24.63.
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.
