Iridium Communications Inc. (IRDM) Stock Forecast Nov. 6, 2026
Analysis updated on Nov. 6, 2026 (UTC) · Alpha · vs marketSwitch to Total · Nasdaq
Iridium Communications Inc. (IRDM) stock forecast summary
Our AI scores Iridium Communications Inc. every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
Iridium Communications Inc. is a mid-cap company with a market capitalization of $4.68B. It ranks number 5 by market capitalization among the 19 Communications Services, NEC issuers in our coverage with a current forecast. Its ROE of 28.3% is the highest of the 8 peers that report one.
For IRDM, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 47.0%, measured on 357 forecast dates between 2022-08-19 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 52.0%, measured on 400 forecast dates between 2022-08-19 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +3.1%, buy ≥ +1.5%, sell < -0.5%, strong sell < -1.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-11-06 signals)
A free account shows the exact forecast, rating and rank of 3 tickers you follow, IRDM included.
IRDM price chart and AI forecast
How IRDM ranks among 5150 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Iridium Communications Inc. (IRDM) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Communications Services, NEC peers listed below that report each metric.
Valuation & Market
| Metric | IRDM | Rank |
|---|---|---|
| Market Cap | $4.68B | 5/19 |
| P/E Ratio | 26.06x | – |
| P/B Ratio | 8.10x | 2/13 |
| Dividend Yield | 1.39% | – |
| EPS | $1.69 | – |
| Book Value/Share | $5.43 | – |
| Revenue/Share | $8.51 | – |
| FCF/Share | $2.61 | – |
Profitability & Margins
| Metric | IRDM | Rank |
|---|---|---|
| ROE | 28.3% | 1/8 |
| ROA | 5.3% | 2/12 |
| ROIC | 6.2% | 5/14 |
| Operating Margin | 19.0% | 3/15 |
| Net Margin | 18.1% | 3/11 |
| EBT Margin | 16.0% | 5/16 |
| Tax Rate | 15.3% | – |
Financial Health
| Metric | IRDM | Rank |
|---|---|---|
| Current Ratio | 0.91x | 13/19 |
| Quick Ratio | 0.72x | 10/14 |
| D/E Ratio | 4.34x | 4/14 |
| Financial Leverage | 5.34x | 4/13 |
| Working Capital | -$31M | 16/19 |
Cash Flow
| Metric | IRDM | Rank |
|---|---|---|
| Operating Cash Flow | $390M | 3/19 |
| Free Cash Flow | $278M | 1/10 |
| Capital Spending | -$113M | 6/10 |
| OCF Growth YoY | -1.5% | 4/9 |
| FCF Growth YoY | -9.1% | – |
| FCF/Sales | 30.7% | 1/10 |
| CapEx/Sales | 12.5% | 6/10 |
Operational Efficiency
| Metric | IRDM | Rank |
|---|---|---|
| Asset Turnover | 0.29x | 8/13 |
| Receivables Turnover | 7.6x | 8/13 |
| Fixed Assets Turnover | 0.4x | 9/12 |
| Days Sales Outstanding | 48 days | 6/13 |
Income Statement
| Metric | IRDM | Rank |
|---|---|---|
| Total Revenue | $903M | 5/14 |
| Operating Income | $172M | 1/19 |
| Net Income | $163M | 1/13 |
| R&D Expense | $22M | 7/11 |
| SG&A Expense | $230M | 5/12 |
Dividend & Shareholder Information
| Metric | IRDM | Rank |
|---|---|---|
| Dividends Per Share | $0.61 | – |
| Payout Ratio | 36.1% | – |
| Shares Outstanding | 106M | – |
| Net Income Growth | 29.6% | – |
| EPS Growth | 56.5% | – |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $307M | 10.0% of assets |
| Cash & Short-term Investments | $98M | 3.2% of assets |
| Accounts Receivable | $119M | 3.9% of assets |
| Inventory | $63M | 2.0% of assets |
| Total Liabilities | $2.51B | 81.3% of assets |
| Short-term Debt | $329M | 10.7% of assets |
IRDM quarterly financials and insider trading
Iridium Communications Inc. (IRDM) industry peers
Companies classified under the same SEC industry code as Iridium Communications Inc. (Communications Services, NEC): 22 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| IRDM Iridium Communications Inc. | $4.68B | |
| ECHO Echostar Corp | $27.49B | |
| GSAT Globalstar, Inc. | $10.92B | |
| ASTS Ast Spacemobile, Inc. | $9.08B | |
| VSAT Viasat Inc | $8.18B | |
| CALX Calix, Inc | $1.93B | |
| TSAT Telesat Corp | $618M | |
| SPIR Spire Global, Inc. | $338M | |
| GOGO Gogo Inc. | $307M | |
| NSTR Northstar Earth & Space Enterprises, Inc. | $232M | |
| CCOI Cogent Communications Holdings, Inc. | $204M | |
| KVHI Kvh Industries Inc \De\ | $117M | |
| BZFD Buzzfeed, Inc. | $47M | |
| ELWT Elauwit Connection, Inc. | $25M | |
| FABC Fabric.Ai, Inc. | $11M | |
| IOTR Iothree Ltd | $10M | |
| UCL Ucloudlink Group Inc. | $8M | |
| OBAI Our Bond, Inc. | $3M | |
| AKOM Aerkomm Inc. | $200K | |
| HMMR Hammer Technology Holdings Corp. | N/A | |
| KTEL Konatel, Inc. | N/A | |
| MAJI Nextel Medical Corp. | N/A |
Where IRDM sits on the market map
Iridium Communications Inc. (IRDM) stock news
Loading...
Iridium Communications Inc. (IRDM) stock forecast FAQ
What is the Iridium Communications Inc. (IRDM) stock forecast?
Our AI scores Iridium Communications Inc. every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
How accurate are Iridium Communications Inc. stock predictions?
For IRDM, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 47.0%, measured on 357 forecast dates between 2022-08-19 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 52.0%, measured on 400 forecast dates between 2022-08-19 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Iridium Communications Inc. forecasts updated?
Iridium Communications Inc. forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Nov. 6, 2026.
Which companies are Iridium Communications Inc.'s industry peers?
22 issuers in our coverage, IRDM included, share the SEC industry code Communications Services, NEC. The largest are: Echostar Corp (ECHO), Globalstar, Inc. (GSAT), Ast Spacemobile, Inc. (ASTS), Viasat Inc (VSAT), Calix, Inc (CALX), Telesat Corp (TSAT).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.