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Iridium Communications (IRDM)

(Delayed Data from NSDQ)

$27.40 USD

27.40
1,558,932

+1.34 (5.14%)

Updated Apr 19, 2024 04:00 PM ET

After-Market: $27.40 0.00 (0.00%) 5:20 PM 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%
2Buy18.00%
3Hold9.44%
4Sell5.10%
5Strong Sell2.53%
S&P50011.08%

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2-Buy of 5   2      

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 D Momentum D 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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Top 25% (63 out of 250)

Industry: Satellite and Communication

Better trading starts here.

Zacks News

Iridium (IRDM) Q1 Earnings Match Estimates, Revenues Down Y/Y

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

Itron (ITRI) Gains 74% in a Year: Will the Trend Continue?

Itron's (ITRI) performance benefits from strong operational execution and easing of supply-chain issues.

Cadence (CDNS) Unveils New Palladium Z3 Emulation System

Cadence (CDNS) launches Palladium Z3 Emulation and Protium X3 FPGA Prototyping systems to advance SoC design.

Iridium (IRDM) Reports Q1 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 March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Iridium Communications (IRDM) Q1 Earnings Meet Estimates

Iridium (IRDM) delivered earnings and revenue surprises of 0% and 3.58%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

America Movil's (AMX) Q1 Earnings & Revenues Decrease Y/Y

America Movil's (AMX) first-quarter 2024 results are affected by softness in the Equipment business.

NetApp (NTAP) Up 51% in a Year: Will the Rally Continue?

NetApp (NTAP) expects momentum in all-flash products, and hyper-scaler first-party and marketplace services to drive the top line amid uncertainty prevailing over macroeconomic conditions.

Guidewire (GWRE) Stock Rises 39.5% in a Year: Here's How

Guidewire's (GWRE) performance gains from higher revenue growth across the subscription and support business segments.

Blackbaud (BLKB) Receives Buyout Offer From Clearlake Capital

Blackbaud (BLKB) receives the buyout offer to acquire all the outstanding shares of the company for $80 per share from Clearlake Capital.

Generac (GNRC) Reportedly Focusing on M&A to Drive Growth

Generac (GNRC) is looking at inorganic strategy to boost solutions portfolio and drive expansion, per a report from Bloomberg.

Factors to Note Ahead of Iridium's (IRDM) Q1 Earnings Release

Iridium's (IRDM) first-quarter performance is likely to have benefited from momentum in commercial service revenues and increasing subscriber base.

Lumen (LUMN) Wins Deal From the US GAO to Boost Connectivity

Lumen (LUMN) highlights that the contract has a base performance period of one year, with eight one-year additional options.

WIX Introduces New Online Donations Collection Platform

WIX's new all-in-one donations collection platform is set to aid users in the effective management of their donations campaign as well as increasing their online presence.

PTC & Trax to Transform Aircraft MRO Maintenance Activities

PTC and Trax are set to address complex challenges in the aviation industry service supply chain.

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.