Iridium Communications (IRDM) Projected to Post Earnings on Thursday

Iridium Communications (NASDAQ:IRDM) is expected to be posting 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 are encouraged to explore the company’s upcoming Q3 2025 earningoverview page for the latest details on the call scheduled for Thursday, October 23, 2025 at 8:30 AM ET.

Iridium Communications (NASDAQ:IRDM) last posted its quarterly earnings results on Thursday, July 24th. The technology company reported $0.20 EPS for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.03). Iridium Communications had a net margin of 13.20% and a return on equity of 20.28%. The firm had revenue of $216.91 million for the quarter, compared to the consensus estimate of $214.73 million. During the same quarter in the prior year, the company earned $0.27 earnings per share. The company’s quarterly revenue was up 7.9% compared to the same quarter last year. 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 1.7%

NASDAQ:IRDM opened at $18.98 on Wednesday. The company has a fifty day moving average of $20.77 and a 200 day moving average of $24.69. Iridium Communications has a 52 week low of $17.08 and a 52 week high of $34.45. The company has a quick ratio of 1.75, a current ratio of 2.51 and a debt-to-equity ratio of 3.82. The firm has a market capitalization of $2.01 billion, a P/E ratio of 19.17, a P/E/G ratio of 0.68 and a beta of 0.70.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the stock. BWS Financial lowered shares of Iridium Communications from a “neutral” rating to a “sell” rating and lowered their price target for the company from $25.00 to $16.00 in a report on Tuesday, September 9th. Barclays lowered their price target on shares of Iridium Communications from $31.00 to $25.00 and set an “overweight” rating for the company in a report on Wednesday, October 1st. Weiss Ratings restated a “hold (c-)” rating on shares of Iridium Communications in a report on Wednesday, October 8th. Morgan Stanley decreased their price objective on shares of Iridium Communications from $40.00 to $37.00 and set an “overweight” rating for the company in a report on Friday, August 1st. Finally, Raymond James Financial lowered 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 report on Thursday, September 11th. Six equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Iridium Communications has an average rating of “Moderate Buy” and a consensus price target of $29.67.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in IRDM. Quantinno Capital Management LP grew its position in shares of Iridium Communications by 3.1% in the 2nd quarter. Quantinno Capital Management LP now owns 15,199 shares of the technology company’s stock worth $459,000 after buying an additional 461 shares during the period. Cetera Investment Advisers grew its position in shares of Iridium Communications by 16.0% in the 2nd quarter. Cetera Investment Advisers now owns 10,106 shares of the technology company’s stock worth $305,000 after buying an additional 1,392 shares during the period. California Public Employees Retirement System grew its position in shares of Iridium Communications by 1.0% in the 2nd quarter. California Public Employees Retirement System now owns 195,045 shares of the technology company’s stock worth $5,885,000 after buying an additional 1,932 shares during the period. Bank of Nova Scotia grew its position in shares of Iridium Communications by 50.2% in the 2nd quarter. Bank of Nova Scotia now owns 14,799 shares of the technology company’s stock worth $446,000 after buying an additional 4,949 shares during the period. Finally, Russell Investments Group Ltd. grew its position in shares of Iridium Communications by 19.0% in the 2nd quarter. Russell Investments Group Ltd. now owns 36,746 shares of the technology company’s stock worth $1,108,000 after buying an additional 5,867 shares during the period. 84.36% of the stock is currently owned by institutional investors.

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.