Will Strong Free Cash Flow Support Iridium's Expansion?
IRDM is turning strong free cash flow into growth, funding IoT, PNT, aviation and government expansion while boosting dividends and cutting leverage.
IRDM - Iridium Communications Inc.
Price:
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--
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CONSENSUS:
Buy
DETAILS
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PRICE TARGET:
$49.75
DETAILS
HIGH:
$60.00
LOW:
$40.00
MEDIAN:
$49.50
CONSENSUS:
$49.75
UPSIDE:
6.58%
Stock News
Iridium's PNT ASIC: A New Catalyst Beyond Satellite Connectivity?
IRDM targets the emerging Assured PNT market with its new ASIC, gaining adoption across 150+ organizations and opening recurring revenue opportunities.
These 2 Space Stocks Skyrocketed 388% and 174% in 2025: Here's 1 Reason I Wouldn't Buy in 2026.
Rocket Lab and Planet Labs have potential, but there is too much speculation in space stocks right now.
IRDM Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Proposed Sale of Iridium Communications to Rocket Lab Corporation
MONSEY, N.Y., July 16, 2026 (GLOBE NEWSWIRE) -- The Monsey law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed sale of Iridium Communications, Inc. (Nasdaq: IRDM) (“Iridium”) to Rocket Lab Corporation (“RKLB”) pursuant to which Iridium shareholders will receive $27.00 per share in cash, and a number of shares of RKLB common stock calculated pursuant to an exchange ratio (subject to a collar) for each share of Iridium common stock outstanding at the closing.
Iridium Communications (IRDM) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Iridium (IRDM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Iridium Announces Commercial Availability of Iridium PNT ASIC, Bringing Resilient GNSS Protection to Devices Worldwide
Ultra-compact chip delivers trusted positioning, navigation, and timing resilience amid rising spoofing and jamming threats MCLEAN, Va., July 14, 2026 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM), a leading provider of global voice, data, and positioning, navigation, and timing (PNT) satellite services, today announced the commercial availability of the Iridium PNT ASIC, a first-to-market chip designed to help protect GPS- and GNSS-dependent devices from jamming, spoofing, and other growing threats.
What Does Rocket Lab's $8 Billion Iridium Acquisition Signal for the New Space Stock Era?
Rocket Lab announced its plan to acquire Iridium Communications for $8 billion. The move will give Rocket Lab access to Iridium's 66 low-Earth-orbit satellites.
Iridium Announces Release Date for Second-Quarter 2026 Financial Results
MCLEAN, Va., July 9, 2026 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium"), a leading provider of global voice, data, and positioning, navigation, and timing (PNT) satellite services, will release its financial results for the second quarter of 2026 on Wednesday, July 22, 2026.
$HAREHOLDER ALERT: The M&A Class Action Firm Continues to Investigate the Merger--TBPH, IRDM, LCII, and PATK
$HAREHOLDER ALERT: The M&A Class Action Firm Continues to Investigate the Merger--TBPH, IRDM, LCII, and PATK PR Newswire
Rocket Lab Shares Climb as Wall Street Weighs $8 Billion Iridium Deal, $3.6 Billion Bridge Loan
Rocket Lab Corp (NASDAQ:RKLB) shares are rising Thursday morning as traders digest the Iridium deal narrative and what it could mean for Rocket Lab's push into recurring satellite-connectivity revenue.
Blue Origin Is Raising Cash at a Big Valuation—But Space Stocks Continue to Struggle Post-SpaceX IPO
Big investors just put a pile of money into Jeff Bezos' rocket company. Shouldn't that be good for space stocks?
Rocket Lab's Mega Iridium Deal Kicks off Space Industry Consolidation
Rocket Lab Corp.'s (NASDAQ:RKLB) proposed $8 billion acquisition of Iridium Communications Inc. (NASDAQ:IRDM) highlights a growing push toward consolidation and vertical integration across the satellite and space-connectivity industry, according to Counterpoint.
Move Over SpaceX: These 2 Space Stocks Are Nipping at Its Heels
SpaceX does everything from orbital launches to mobile broadband to artificial intelligence to owning X (formerly known as Twitter). Its satellite-to-surface broadband arm, however, faces new and motivated competition.
BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: LCI Industries (NYSE – LCII), Iridium Communications Inc. (Nasdaq – IRDM), Bio-Techne Corporation (Nasdaq – TECH), Arcosa, Inc. (NYSE – ACA)
BALA CYNWYD, Pa., July 06, 2026 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky ([email protected]) or Marc Ackerman ([email protected]) at 855-576-4847. There is no cost or financial obligation to you.
Iridium Completes Acquisition of Aireon
MCLEAN, Va., July 6, 2026 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM), a leading provider of global voice, data, and positioning, navigation, and timing (PNT) satellite services, announced today that it has completed its acquisition of Aireon LLC, operator of the world's only space-based Automatic Dependent Surveillance-Broadcast (ADS-B) air traffic surveillance system.
The Iridium Deal Changes Everything For Rocket Lab
Rocket Lab's $8 billion Iridium acquisition transforms its model into vertically integrated space infrastructure with recurring high-margin cash flows. Iridium contributes approximately $875 million in revenue and $495 million in OEBITDA, significantly improving Rocket Lab's earnings stability profile. Management guides toward $914 million in 2026 revenue and roughly $2 billion by 2029 with a delayed EBITDA inflection.
Iridium Communications Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Iridium Communications Inc. - IRDM
NEW YORK CITY & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Iridium Communications Inc. (NasdaqGS: IRDM) to Rocket Lab Corporation (NasdaqGS: RKLB). Under the terms of the proposed transaction, shareholders of Iridium will receive $27.00 in cash and a number of shares of Rocket Lab common stock calculated pursuant to an exchange ratio for each share of I.
Rocket Lab Just Made an $8 Billion Bet to Rival SpaceX. Is the Stock a Buy?
Is buying a profitable satellite network outright the smartest money this launch company has ever spent?
Rocket Lab: The Iridium Deal Changes The Game (Rating Upgrade)
Rocket Lab acquires Iridium, aiming for vertical integration and entry into the satellite communications application layer. A pivotal move to hedge against existential risk. RKLB gains access to Iridium's L-band spectrum, positioning itself to compete more effectively in a rapidly evolving market. It opens up the application game. Despite IRDM's modest growth, the acquisition is seen as existential for RKLB, while providing proven EBITDA profitability and application optionality.
One Space Stock to Buy Today
Rocket Lab makes its biggest move
Price Targets
Iridium price target raised to $54 from $26 at Morgan Stanley
$54.00
(was $54.59)
Justin Lang
·
Morgan Stanley
Iridium price target raised to $60 from $48 at Oppenheimer
$60.00
(was $49.60)
Timothy Horan
·
Oppenheimer
Iridium initiated with a Neutral at New Street
$40.00
(was $43.09)
New Street
Iridium price target raised to $45 from $28 at Deutsche Bank
$45.00
(was $38.79)
Deutsche Bank
Iridium price target raised to $26 from $24 at Morgan Stanley
$26.00
(was $23.53)
Justin Lang
·
Morgan Stanley
Iridium price target raised to $28 from $25 at Deutsche Bank
$28.00
(was $22.99)
Deutsche Bank
Iridium downgraded to Equal Weight from Overweight at Morgan Stanley
$24.00
(was $19.27)
Kristine Liwag
·
Morgan Stanley
Iridium price target lowered to $25 from $31 at Barclays
$25.00
(was $17.46)
Barclays
Iridium price target lowered to $31 from $38 at Barclays
$31.00
(was $25.70)
Mathieu Robilliard
·
Barclays