Iridium Communications Inc’s stock (IRDM) continues to rise above its goal

Iridium Communications Inc [IRDM] stock is trading at $30.59, up 1.39%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The IRDM shares have gain 5.74% over the last week, with a monthly amount glided 20.43%, 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 [IRDM] stock has fluctuated between $19.91 and $35.85 over the past year. Iridium Communications Inc [NASDAQ: IRDM] shares were valued at $30.59 at the most recent close of the market.

Analyzing the IRDM fundamentals

Iridium Communications Inc [NASDAQ:IRDM] reported sales of 841.71M for the trailing twelve months, which represents a growth 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. 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 30.20 points at the first support level, and at 29.81 for the second support level. However, for the 1st resistance point, the stock is sitting at 30.91, and for the 2nd resistance point, it is at 31.23.

Ratios To Look Out For

For context, Iridium Communications Inc’s Current Ratio is 1.99. As well, the Quick Ratio is 1.36, while the Cash Ratio is 0.39. Considering the valuation of this stock, the price to sales ratio is 3.93, the price to book ratio is 6.42 and price to earnings (TTM) ratio is 28.73.

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.

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