At the time of writing, Iridium Communications Inc [IRDM] stock is trading at $23.9, down -3.04%. An important factor to consider is whether the stock is rising or falling in short-term value. The IRDM shares have lost -3.98% over the last week, with a monthly amount drifted -25.48%, and not 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.
For the past year, the stock price of Iridium Communications Inc fluctuated between $19.91 and $35.85. Currently, Wall Street analysts expect the stock to reach $31 within the next 12 months. Iridium Communications Inc [NASDAQ: IRDM] shares were valued at $23.9 at the most recent close of the market. An investor can expect a potential return of 29.71% based on the average IRDM price forecast.
Analyzing the IRDM fundamentals
According to Iridium Communications Inc [NASDAQ:IRDM], the company’s sales were 857.55M for trailing twelve months, which represents an 7.88% jump. Gross Profit Margin for this corporation currently stands at 0.74% with Operating Profit Margin at 0.25%, Pretax Profit Margin comes in at 0.14%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.2 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 3.82.
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 23.62 points at the first support level, and at 23.33 for the second support level. However, for the 1st resistance point, the stock is sitting at 24.47, and for the 2nd resistance point, it is at 25.03.
Ratios To Look Out For
It is important to note that Iridium Communications Inc [NASDAQ:IRDM] has a current ratio of 2.51. On the other hand, the Quick Ratio is 1.75, and the Cash Ratio is 0.78. Considering the valuation of this stock, the price to sales ratio is 2.96, the price to book ratio is 5.37 and price to earnings (TTM) ratio is 23.87.
Transactions by insiders
Recent insider trading involved Kapalka Timothy, CAO IRIDIUM SATELLITE LLC, that happened on Jun 03 ’25 when 1922.0 shares were sold. Director, Olson Eric T completed a deal on Feb 18 ’25 to sell 4955.0 shares. Meanwhile, CHIEF LEGAL OFFICER Morgan Kathleen A. sold 15005.0 shares on Feb 18 ’25.
