Iridium Communications (NASDAQ:IRDM – Get Free Report) is expected to post its Q3 2025 results before the market opens on Thursday, October 23rd. Analysts expect Iridium Communications to post earnings of $0.26 per share and revenue of $222.1320 million for the quarter. Individuals can find conference call details on the company’s upcoming Q3 2025 earningreport page for the latest details on the call scheduled for Thursday, October 23, 2025 at 8:30 AM ET.
Iridium Communications (NASDAQ:IRDM – Get Free Report) last released its quarterly earnings results on Thursday, July 24th. The technology company reported $0.20 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.03). The company had revenue of $216.91 million during the quarter, compared to analysts’ expectations of $214.73 million. Iridium Communications had a return on equity of 20.28% and a net margin of 13.20%.The company’s revenue was up 7.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.27 EPS. On average, analysts expect Iridium Communications to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Iridium Communications Trading Up 0.5%
IRDM opened at $18.67 on Tuesday. The firm has a market cap of $1.98 billion, a P/E ratio of 18.86, a P/E/G ratio of 0.68 and a beta of 0.70. Iridium Communications has a 12 month low of $17.08 and a 12 month high of $34.45. The company has a current ratio of 2.51, a quick ratio of 1.75 and a debt-to-equity ratio of 3.82. The stock has a 50-day moving average of $20.89 and a 200 day moving average of $24.73.
Iridium Communications Increases Dividend
Institutional Trading of Iridium Communications
Several institutional investors have recently added to or reduced their stakes in the company. Royal Bank of Canada raised its stake in shares of Iridium Communications by 33.0% during the first quarter. Royal Bank of Canada now owns 48,325 shares of the technology company’s stock valued at $1,320,000 after acquiring an additional 11,985 shares in the last quarter. Russell Investments Group Ltd. raised its stake in shares of Iridium Communications by 19.0% during the second quarter. Russell Investments Group Ltd. now owns 36,746 shares of the technology company’s stock valued at $1,108,000 after acquiring an additional 5,867 shares in the last quarter. Amundi raised its stake in shares of Iridium Communications by 1,243.0% during the first quarter. Amundi now owns 40,479 shares of the technology company’s stock valued at $1,035,000 after acquiring an additional 37,465 shares in the last quarter. Brevan Howard Capital Management LP bought a new stake in shares of Iridium Communications during the second quarter valued at approximately $932,000. Finally, Ilex Capital Partners UK LLP bought a new stake in shares of Iridium Communications during the second quarter valued at approximately $554,000. Institutional investors own 84.36% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research analysts recently commented on IRDM shares. Weiss Ratings reiterated a “hold (c-)” rating on shares of Iridium Communications in a research report on Wednesday, October 8th. Barclays dropped their price target on Iridium Communications from $31.00 to $25.00 and set an “overweight” rating for the company in a research report on Wednesday, October 1st. Morgan Stanley dropped their price target on Iridium Communications from $40.00 to $37.00 and set an “overweight” rating for the company in a research report on Friday, August 1st. BWS Financial downgraded shares of Iridium Communications from a “neutral” rating to a “sell” rating and decreased their price objective for the stock from $25.00 to $16.00 in a research note on Tuesday, September 9th. Finally, Raymond James Financial downgraded shares of Iridium Communications from a “strong-buy” rating to an “outperform” rating and decreased their price objective for the stock from $39.00 to $26.00 in a research note on Thursday, September 11th. Six investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Iridium Communications currently has an average rating of “Moderate Buy” and a consensus price target of $29.67.
Read Our Latest Stock Report on Iridium Communications
About Iridium Communications
Iridium Communications Inc provides mobile voice and data communications services and products to businesses, the United States and international governments, non-governmental organizations, and consumers worldwide. The company offers postpaid mobile voice and data satellite communications; prepaid mobile voice satellite communications; push-to-talk; broadband data; and Internet of Things (IoT) services.
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