Let’s look at the key reasons that are pushing Iridium Communications Inc (IRDM) to new highs

Sana Meer

Iridium Communications Inc (NASDAQ: IRDM) kicked off on Friday, up 8.56% from the previous trading day, before settling in for the closing price of $17.64. Over the past 52 weeks, IRDM has traded in a range of $16.75-$34.45.

While this was happening, its average annual earnings per share was recorded 11.78%. With a float of $91.49 million, this company’s outstanding shares have now reached $104.74 million.

Let’s determine the extent of company efficiency that accounts for 873 employees.

Iridium Communications Inc (IRDM) Breakdown of a Key Holders of the stock

Our next focus will be how large-scale investors are participating in this stock of the Telecom Services Industry. The insider ownership of Iridium Communications Inc is 12.64%, while institutional ownership is 95.56%. The most recent insider transaction that took place on Oct 31 ’25, was worth 375,102. Before that another transaction happened on Oct 28 ’25, when Company’s Director sold 6,797 for $18.00, making the entire transaction worth $122,346. This insider now owns 251,873 shares in total.

Iridium Communications Inc (IRDM) Recent Fiscal highlights

In the latest quarterly report, which was put into the public domain on 12/31/2024, the organization reported 0.32 earnings per share (EPS), higher than consensus estimate (set at 0.22) by 0.1. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.31 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 11.78% per share during the next fiscal year.

Iridium Communications Inc (NASDAQ: IRDM) Trading Performance Indicators

Take a look at Iridium Communications Inc’s (IRDM) current performance indicators. Last quarter, stock had a quick ratio of 1.93. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.30. Likewise, its price to free cash flow for the trailing twelve months is 6.57.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.14, a number that is poised to hit 0.24 in the next quarter and is forecasted to reach 1.13 in one year’s time.

Technical Analysis of Iridium Communications Inc (IRDM)

Looking closely at Iridium Communications Inc (NASDAQ: IRDM), its last 5-days average volume was 3.53 million, which is a jump from its year-to-date volume of 1.84 million. As of the previous 9 days, the stock’s Stochastic %D was 36.02%.

During the past 100 days, Iridium Communications Inc’s (IRDM) raw stochastic average was set at 14.47%, which indicates a significant decrease from 76.43% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.92 in the past 14 days, which was higher than the 0.88 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $19.74, while its 200-day Moving Average is $25.61. However, in the short run, Iridium Communications Inc’s stock first resistance to watch stands at $19.79. Second resistance stands at $20.44. The third major resistance level sits at $21.62. If the price goes on to break the first support level at $17.96, it is likely to go to the next support level at $16.78. Now, if the price goes above the second support level, the third support stands at $16.13.

Iridium Communications Inc (NASDAQ: IRDM) Key Stats

The company with the Market Capitalisation of 2.01 billion has total of 104,746K Shares Outstanding. Its annual sales at the moment are 830,680 K in contrast with the sum of 112,780 K annual income. Company’s last quarter sales were recorded 226,940 K and last quarter income was 37,130 K.

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