IRDM
IridiumCNasdaq / Telecommunication Services
Last Price
At close
2026-06-02
Current thesis
Iridium still has credible operating hooks: commercial IoT revenue grew 11% in the fourth quarter of 2025, commercial IoT subscribers rose 6%, and the new 9604 platform creates a concrete 2026 product milestone that could extend specialized connectivity demand [#PR-2026-02-12] [#PR-2026-02-24].
Posture
Mixed
Lead driver
Momentum
What changed
1 setup hits (3d) with net bullish as of 2026-06-02.
What can break
April 23, 2026 results could expose softer subscriber or service-revenue trends than the current 2026 framework implies.
Momentum
96
Value
49
Sentiment
12
Setup hits (3d)
1 · Net Bullish
AI TargetsBase $31.00 · Bull $40.00 · Bear $24.00
Data freshness
Prices
As of 2026-06-02
Fundamentals
As of 2026-06-01 • Vendor: Data Vendor v1
Scores
As of 2026-06-02 • Model: HYBRID_IC_RP
AI Memo
As of 2026-04-15 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-06-02
Investment thesis
As of 2026-06-02
Supporting evidence
What
Grade C · Mixed
Confidence Medium · Net Bullish
Target $28.50
Why
Momentum96 · Δ7d -0.6
Value49 · Δ7d -0.2
Sentiment12 · Δ7d +3.8
So what
Balanced signals (Net Bullish). Wait for confirmation before sizing up.
Lead driver: Momentum · See technicals
Momentum
96
34% active weight
Current posture
7d trendSoftening
Δ7d
-0.6
Δ21d
-1.5
Value
49
32% active weight
Current posture
7d trendFlat
Δ7d
-0.2
Δ21d
-1.3
Sentiment
12
33% active weight
Current posture
7d trendImproving
Δ7d
+3.8
Δ21d
-1.2
Why this grade
Composite grade C. Momentum 96.1 / Value 49.2 / Sentiment 11.6
Fundamentals (TTM)As of 2026-06-01
Fundamentals (TTM)
As of 2026-06-01
Market Cap
$5.05B
Beta
0.61
Shares Out
104.75M
P/E (TTM)
15.9
P/S (TTM)
2.17
P/FCF (TTM)
7.81
Rev YoY
+6.7%
EPS YoY
+68.5%
Gross Margin
+71.3%
Op Margin
+26.7%
Net Debt
$1.7B
Current Ratio
2.67
As of 2026-06-02 • Updated nightlySource: Internal modelMethodology