Iridium Communications Inc. (IRDM) Stock Forecast Oct. 16, 2026
Analysis updated on Oct. 16, 2026 (UTC) · Alpha · vs marketSwitch to Total · Nasdaq
Iridium Communications Inc. (IRDM) stock forecast summary
Our AI ranks Iridium Communications Inc. outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
Iridium Communications Inc. is a mid-cap company with a market capitalization of $4.64B. It ranks number 5 by market capitalization among the 18 Communications Services, NEC issuers in our coverage with a current forecast. Its ROE of 19.7% is the highest of the 9 peers that report one.
For IRDM, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 51.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 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 51.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% 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 ≥ +1.8%, buy ≥ +0.2%, sell < -0.9%, strong sell < -1.2% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)
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How IRDM ranks among 5184 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 | $4.64B | 5/18 |
| P/E Ratio | 46.06x | – |
| P/B Ratio | 9.81x | 2/13 |
| Dividend Yield | 1.40% | – |
| EPS | $0.95 | – |
| Book Value/Share | $4.46 | – |
| Revenue/Share | $8.34 | – |
| FCF/Share | $2.72 | – |
Profitability & Margins
| Metric | IRDM | Rank |
|---|---|---|
| ROE | 19.7% | 1/9 |
| ROA | 3.6% | 2/12 |
| ROIC | 8.7% | 3/13 |
| Operating Margin | 23.8% | 3/14 |
| Net Margin | 10.6% | 3/11 |
| EBT Margin | 14.2% | 4/15 |
| Tax Rate | 23.8% | – |
Financial Health
| Metric | IRDM | Rank |
|---|---|---|
| Current Ratio | 2.78x | 6/20 |
| Quick Ratio | 2.31x | 4/13 |
| D/E Ratio | 4.43x | 4/14 |
| Financial Leverage | 5.43x | 4/13 |
| Working Capital | $242M | 5/20 |
Cash Flow
| Metric | IRDM | Rank |
|---|---|---|
| Operating Cash Flow | $395M | 3/18 |
| Free Cash Flow | $288M | 1/10 |
| Capital Spending | -$107M | 6/10 |
| OCF Growth YoY | -4.6% | 6/8 |
| FCF Growth YoY | -11.6% | – |
| FCF/Sales | 32.6% | 1/10 |
| CapEx/Sales | 12.1% | 6/10 |
Operational Efficiency
| Metric | IRDM | Rank |
|---|---|---|
| Asset Turnover | 0.34x | 6/13 |
| Receivables Turnover | 8.5x | 6/13 |
| Fixed Assets Turnover | 0.5x | 9/13 |
| Days Sales Outstanding | 43 days | 8/13 |
Income Statement
| Metric | IRDM | Rank |
|---|---|---|
| Total Revenue | $884M | 5/14 |
| Operating Income | $210M | 1/18 |
| Net Income | $93M | 1/13 |
| R&D Expense | $22M | 7/11 |
| SG&A Expense | $190M | 6/12 |
Dividend & Shareholder Information
| Metric | IRDM | Rank |
|---|---|---|
| Dividends Per Share | $0.61 | – |
| Payout Ratio | 64.2% | – |
| Shares Outstanding | 106M | – |
| Net Income Growth | -17.6% | – |
| EPS Growth | 9.2% | – |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $377M | 14.7% of assets |
| Cash & Short-term Investments | $184M | 7.2% of assets |
| Accounts Receivable | $105M | 4.1% of assets |
| Inventory | $63M | 2.5% of assets |
| Total Liabilities | $2.09B | 81.6% of assets |
| Short-term Debt | $124M | 4.8% 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): 21 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. | ▼ | $4.64B |
| ECHO Echostar Corp | ▼ | $24.72B |
| ASTS Ast Spacemobile, Inc. | ▼ | $12.19B |
| GSAT Globalstar, Inc. | ▼ | $10.61B |
| VSAT Viasat Inc | ▲ | $8.10B |
| CALX Calix, Inc | ▶ | $2.30B |
| TSAT Telesat Corp | ▶ | $665M |
| CCOI Cogent Communications Holdings, Inc. | ▲ | $413M |
| SPIR Spire Global, Inc. | ▶ | $350M |
| GOGO Gogo Inc. | ▲ | $289M |
| NSTR Northstar Earth & Space Enterprises, Inc. | ▼ | $188M |
| KVHI Kvh Industries Inc \De\ | ▲ | $107M |
| BZFD Buzzfeed, Inc. | ▲ | $83M |
| ELWT Elauwit Connection, Inc. | ▼ | $37M |
| FABC Fabric.Ai, Inc. | ▼ | $15M |
| IOTR Iothree Ltd | ▶ | $11M |
| UCL Ucloudlink Group Inc. | ▲ | $9M |
| OBAI Our Bond, Inc. | ▼ | $4M |
| 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
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Iridium Communications Inc. (IRDM) stock forecast FAQ
What is the Iridium Communications Inc. (IRDM) stock forecast?
Our AI ranks Iridium Communications Inc. outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact 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 51.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 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 51.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% 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 Oct. 16, 2026.
Which companies are Iridium Communications Inc.'s industry peers?
21 issuers in our coverage, IRDM included, share the SEC industry code Communications Services, NEC. The largest are: Echostar Corp (ECHO), Ast Spacemobile, Inc. (ASTS), Globalstar, Inc. (GSAT), 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.