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Iridium Communications (IRDM)

(Real Time Quote from BATS)

$26.53 USD

26.53
1,572,977

+0.07 (0.27%)

Updated Jul 25, 2024 09:44 AM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.15%
2Buy17.88%
3Hold9.47%
4Sell5.14%
5Strong Sell2.57%
S&P50011.11%

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1-Strong Buy of 5 1        

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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D Value B Growth A Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 16% (39 out of 250)

Industry: Satellite and Communication

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Zacks News

BlackBerry (BB) & ETAS GmbH to Accelerate SDV Development

BlackBerry (BB) and ETAS GmbH collaborate to address the automotive industry's transition toward SDVs.

Iridium (IRDM) Gets Contract for STL Services From L3Harris

Iridium (IRDM) secures a five-year contract from L3Harris Technologies to bolster the security of critical infrastructure for the FAA with the use of Iridium STL service.

BlackBerry (BB) Teams Up With AMD on Robotics Platform, Up 7%

BlackBerry (BB) collaborates with AMD to focus on the development of a robotic systems platform for augmenting performance and scalability of robotic systems in industrial and healthcare verticals.

EchoStar's (SATS) Hughes Gets Production Contract From GA-ASI

EchoStar's (SATS) subsidiary Hughes gets contract from GA-ASI for production of a vital component of the advanced satellite communications system for MQ-1C Gray Eagle 25M Unmanned Aircraft System.

Iridium Communications (IRDM) Rises As Market Takes a Dip: Key Facts

Iridium Communications (IRDM) concluded the recent trading session at $25.42, signifying a +0.87% move from its prior day's close.

Axcelis (ACLS) Announces Purion Implanter Shipments to Japan

Axcelis' (ACLS) top line is propelled by robust customer demand for Purion suite of products.

Simulations Plus (SLP) Q2 Earnings & Revenues Beat Estimates

Simulations Plus' (SLP) second-quarter fiscal 2024 top line is driven by higher revenues in the Software and Services business segments.

Iridium (IRDM) Boosts Portfolio With Satelles Acquisition

Iridium (IRDM) expects Iridium STL business to generate more than $100 million in service revenue per year by 2030.

EchoStar's (SATS) New ESA Terminal Now Available on OneWeb LEO

EchoStar's (SATS) new ESA terminal receives approval from Eutelsat OneWeb Network for operation in the latter's LEO satellite network.

WIX Stock Rises 38% in One Year: Will the Rally Continue?

WIX benefits from frequent launch of products and strengthening momentum in Partners business.

Eutelsat (EUTLF) and NEC XON Ink a New Multi-Year Agreement

Eutelsat (EUTLF) and NEC XON ink a deal for connectivity capacity on the Eutelsat OneWeb Low Orbit constellation. NEC XON is a prominent ICT-systems integrator in Africa.

Iridium (IRDM) Loses -9% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

The heavy selling pressure might have exhausted for Iridium (IRDM) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Zacks Industry Outlook Highlights Iridium Communications, Globalstar and SES

Iridium Communications, Globalstar and SES are part of the Zacks Industry Outlook article.

Vaishali Doshi headshot

3 Stocks to Watch From the Satellite and Communication Industry

Global security threats and increasing defense budgets bode well for Zacks Satellite and Communication industry participants like Iridium (IRDM), Globalstar (GSAT) and SES S.A. (SGBAF).

Iridium's (IRDM) GMDSS Terminals Deployed by Cosco Shipping

Cosco Shipping adopts Iridium (IRDM) solutions to enhance the safety of its crew and fleet.

Down -17.46% in 4 Weeks, Here's Why You Should You Buy the Dip in Iridium (IRDM)

The heavy selling pressure might have exhausted for Iridium (IRDM) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Iridium (IRDM) to Acquire Satelles for Secure PNT Services

Iridium (IRDM) is set to acquire Satelles to offer STL solutions that are more accessible and cost-effective for integration into various sectors, including autonomous systems and consumer devices.

Iridium's (IRDM) Solutions to Enhance ROK's Military Operations

Iridium's (IRDM) solutions are set to strengthen the ROK Army's data tracking and communication capabilities

New Strong Buy Stocks for February 23rd

IRDM, JSAIY, CAH, LNTH and CENTA have been added to the Zacks Rank #1 (Strong Buy) List on February 23, 2024.

Down -22.19% in 4 Weeks, Here's Why You Should You Buy the Dip in Iridium (IRDM)

Iridium (IRDM) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Iridium (IRDM) Q4 Earnings & Revenues Beat Estimates, Up Y/Y

Iridium's (IRDM) fourth-quarter performance benefits from solid momentum in commercial business lines.

Iridium (IRDM) Reports Q4 Earnings: What Key Metrics Have to Say

Although the revenue and EPS for Iridium (IRDM) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Iridium Communications (IRDM) Q4 Earnings and Revenues Top Estimates

Iridium (IRDM) delivered earnings and revenue surprises of 900% and 0.77%, respectively, for the quarter ended December 2023. Do the numbers hold clues to what lies ahead for the stock?

Factors to Note Ahead of Generac's (GNRC) Q4 Earnings Release

Generac's (GNRC) fourth-quarter performance is likely to have benefited from continued strength in the C&I product shipments.

Unlocking Q4 Potential of Iridium (IRDM): Exploring Wall Street Estimates for Key Metrics

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Iridium (IRDM), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2023.