Iridium Communications downgraded by Raymond James with a new price target
$IRDM
Telecommunications Equipment
Telecommunications
Raymond James downgraded Iridium Communications from Strong Buy to Outperform and set a new price target of $26.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/11/2025 | $26.00 | Strong Buy → Outperform | Raymond James |
| 9/9/2025 | $16.00 | Neutral → Sell | BWS Financial |
| 5/5/2025 | $34.00 | Outperform | Oppenheimer |
| 4/22/2025 | Mkt Perform → Outperform | William Blair | |
| 1/24/2025 | $40.00 | Overweight | Cantor Fitzgerald |
| 2/16/2024 | $30.00 | Buy → Neutral | BWS Financial |
| 2/15/2024 | Outperform → Mkt Perform | William Blair | |
| 9/18/2023 | $57.00 | Hold → Buy | Deutsche Bank |
8-K - Iridium Communications Inc. (0001418819) (Filer)
SCHEDULE 13G/A - Iridium Communications Inc. (0001418819) (Subject)
144 - Iridium Communications Inc. (0001418819) (Subject)
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4 - Iridium Communications Inc. (0001418819) (Issuer)
4 - Iridium Communications Inc. (0001418819) (Issuer)
4 - Iridium Communications Inc. (0001418819) (Issuer)
Raymond James downgraded Iridium Communications from Strong Buy to Outperform and set a new price target of $26.00
BWS Financial downgraded Iridium Communications from Neutral to Sell and set a new price target of $16.00
Oppenheimer initiated coverage of Iridium Communications with a rating of Outperform and set a new price target of $34.00
Hyundai's Hi MATE Remote Fleet Management System to Utilize Iridium's IoT Services for Delivery of Critical Machine Data MCLEAN, Va., Dec. 9, 2025 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq IRDM), a leading provider of global voice, data, and positioning, navigation and timing (PNT) satellite services, today announced it has been selected by HD Hyundai Construction Equipment, a leading construction equipment manufacturer, to integrate their vehicle monitoring system Hi MATE with Iridium's truly global satellite IoT connectivity. This integration enables HD Hyundai to expand the reach of its Hi MATE service into new markets and regions, enhancing connectivity and support for its glob
NEW YORK, Dec. 5, 2025 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, December 22, to coincide with the quarterly rebalance. The changes ensure that each index is more representative of its market capitalization range. The companies being removed from the S&P SmallCap 600 are no longer representative of the small-cap market space. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name Action Company Name Ticker GICS Sector Dec 22, 2025 S&P 500 Addition CRH CRH Mat
MCLEAN, Va., Dec. 4, 2025 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM), a leading provider of global voice, data, and PNT satellite services, today announced the appointment of Louis Alterman to its Board of Directors, effective immediately. This appointment expands the size of the Board to twelve members, nine of whom are independent. "Louis' background aligns perfectly with Iridium's strategic vision to deliver innovative and unique communication services across the globe," said Matt Desch, CEO, Iridium. "His proven track record of guiding companies through peri
NEW YORK, Dec. 5, 2025 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, December 22, to coincide with the quarterly rebalance. The changes ensure that each index is more representative of its market capitalization range. The companies being removed from the S&P SmallCap 600 are no longer representative of the small-cap market space. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name Action Company Name Ticker GICS Sector Dec 22, 2025 S&P 500 Addition CRH CRH Mat
MCLEAN, Va., Dec. 4, 2025 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM), a leading provider of global voice, data, and PNT satellite services, today announced the appointment of Louis Alterman to its Board of Directors, effective immediately. This appointment expands the size of the Board to twelve members, nine of whom are independent. "Louis' background aligns perfectly with Iridium's strategic vision to deliver innovative and unique communication services across the globe," said Matt Desch, CEO, Iridium. "His proven track record of guiding companies through peri
Iridium to join forces with T-Mobile for live-site activations throughout the United States MCLEAN, Va., Oct. 21, 2025 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM), a leading provider of global voice, data, and PNT satellite services, today announced it has been selected by the U.S. Department of Transportation (DOT) for an award through its Complementary Positioning, Navigation, and Timing (CPNT) Action Plan Rapid Phase Award II to support a broad network deployment of Iridium® PNT services. Iridium is working with T-Mobile (NASDAQ:TMUS) to launch live-site activations across the United States, which delivers state-of-the-art, 5G network complementary timing synchronization t
MCLEAN, Va., Oct. 23, 2025 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) ("Iridium"), a leading provider of global voice, data, and PNT satellite services, today reported financial results for the third quarter of 2025 and updated its full-year 2025 outlook. During the quarter, the Company continued to strengthen its position in mission-critical communications and safety services, while delivering strong cash flow. "We continue to execute with discipline, focusing efforts on growth markets where our unique network delivers a competitive advantage, specifically in g
MCLEAN, Va., Oct. 2, 2025 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) ("Iridium"), a leading provider of global voice, data, and PNT satellite services, will host a conference call on Thursday, October 23, 2025 at 8:30 a.m. Eastern Time (ET) to discuss the Company's third-quarter 2025 financial results. In advance of the call on October 23, 2025, Iridium will issue its third-quarter 2025 earnings press release, which will be available on the investor relations page of the Company's website. To participate in the teleconference, callers can dial 1-412-902-6740 and ask for the Iridium Communications Inc. conference call. Please dial in five minutes prior to the scheduled start ti
MCLEAN, Va., July 24, 2025 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, today reported financial results for the second quarter of 2025 and updated its full-year 2025 outlook. Net income was $22.0 million, or $0.20 per diluted share, for the second quarter of 2025, as compared to net income of $32.3 million, or $0.27 per diluted share, for the second quarter of 2024. The decrease in net income was primarily the result of a one-time $19.8 million gain related to the acquisition of Satelles, Inc. recognized in the second quarter of 2024, which did not reoccur in 2025. Operational EBITDA ("OEBITDA")(
SC 13G/A - Iridium Communications Inc. (0001418819) (Subject)
SC 13G/A - Iridium Communications Inc. (0001418819) (Subject)
SC 13G/A - Iridium Communications Inc. (0001418819) (Subject)