How to Buy Iridium Communications Stock
Iridium Communications Inc
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.
Iridium Communications stock last closed at $23.20, down 2.4% from the previous day, and has decreased 17.47% in one year. It has underperformed other stocks in the Telecom Services industry by 0.27 percentage points. Iridium Communications stock is currently +4.6% from its 52-week low of $22.18, and -35.29% from its 52-week high of $35.85.
At the moment, there are 108.84M shares of IRDM outstanding. The market capitalization of IRDM is $2.53B. In the last 24 hours, 2.06M IRDM shares were traded.
How to Buy Iridium Communications Stock
Wondering how to invest in Iridium Communications stock? Here's how.
- Decide where to buy Iridium Communications stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you determine where to buy Iridium Communications stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Choose your payment method and add your details.
- Research Iridium Communications stock: The Iridium Communications ticker symbol is IRDM. Is Iridium Communications stock a good investment? Should you buy shares of IRDM? How do IRDM's underlying business fundamentals look? Do top analysts think Iridium Communications is a good buy? Why has IRDM's stock price moved recently? (Hint: Our stock research tools can help you evaluate if IRDM is a good stock to buy).
- Execute your IRDM trade: Decide if you will purchase IRDM shares at the current market price or use a limit order to purchase IRDM shares at a particular price.
- Keep tabs on your IRDM investment: Create a watchlist to keep tabs on your new investment in Iridium Communications stock.
Step 1: Decide where to buy Iridium Communications stock
You will need a brokerage account in order to access the NASDAQ market and buy IRDM stock.
Our preferred brokerage: eToro
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- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by creating an account with eToro today. This offer is only for US users.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've chosen your brokerage, you need to fill out some personal details so you are able to invest in IRDM stock today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to open your new brokerage account.
- Send your details by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you've opened your account on one of the best stock market apps, you need to deposit funds:
Check out the video below for more details transferring money into your new investment account.
Step 4: Research Iridium Communications stock
After you have decided on the best place to buy Iridium Communications stock, it's crucial to research their stock prior to investing, so you truly comprehend the risk and upside.
Iridium Communications stock data
IRDM Fundamentals
WallStreetZen was designed to help everyday investors do more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on IRDM's stock page.
Is IRDM stock undervalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge IRDM's true value.
Using relative valuations metrics:
- IRDM could be overvalued based on its P/E ratio of 24.42x, relative to Telecom Services industry P/E ratio of 14.78x
- IRDM could be overvalued based on its P/B ratio of 4.38x, relative to Telecom Services industry P/B ratio of 1.87x
- IRDM could be overvalued based on its PEG ratio of 1.27x
You can access more valuation research on IRDM's stock here.
A quick look at IRDM Financials
Positive Financial Indicators:
- IRDM's operating cash flow of $375.96M allows it to safely service it's debt of $1.79B.
- IRDM profit margin has gone up from 1.9% to 13.6% in the past year.
- There are more short-term assets than short-term liabilities on the IRDM balance sheet.
Negative Financial Indicators:
- There are more long-term liabilities than short-term assets on the IRDM balance sheet.
- IRDM earnings of $216.17M is not sufficient to cover its interest payments.
- IRDM has a relatively high debt to equity ratio of 3.63.
- Total IRDM debt is higher than 5 years ago, relative to shareholder equity.
Is Iridium Communications stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 1 Equities analysts who give ratings on IRDM, the consensus analyst rating on Iridium Communications is a Strong Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are projecting on the Iridium Communications stock forecast page.
IRDM Technical Indicators
IRDM Revenue
Last year, IRDM earnings were $112.78M. Over the past 2 year, IRDM's earnings have grown by 268.39% per year. This was faster than the Telecom Services industry average of 6.17%.
Last year, IRDM revenue was $830.68M. In the last five year, IRDM's revenue has gone up by 8.19% per year. This was faster than the Telecom Services industry average of 3.46%.
Dig into IRDM's earnings and revenue performance here.
Are IRDM executives and large shareholders buying or selling the stock?
In the past 12 months, executives and large shareholders at IRDM have sold more shares than they have bought.
Timothy James Last, EVP Sales Marketing of IRDM, was the latest IRDM insider to sell. They sold $1,912.40 worth of IRDM stock on Apr 1, 2025.
Learn more about who owns IRDM shares here.
Can I rely on IRDM as an income stream?
Iridium Communications pays a dividend of 2.41%, compared to the Telecom Services industry's average dividend yield of 4.07%. If you owned $1,000 worth of IRDM stock, you would have received $24.14 in the past year.
Find more data about Iridium Communications dividend yield and history here.
What do other investors have to say about IRDM?
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Execute your IRDM trade
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually sufficient. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a given dollar amount, use a limit order.
Hit the Open Trade button and your broker will execute the order.
If you want more info about buying stocks on eToro, watch the how to video below:
Step 6: Keep tabs on your IRDM investment
Now that you own some IRDM shares, you'll want to stay up-to-date on your new company.
Create a watchlist to track the most important metrics related to your IRDM stock.
IRDM Feed
How to Buy Stock in Iridium Communications
To reiterate, here are the 6 steps you need to take to buy Iridium Communications stock right now:
- Decide where to buy Iridium Communications stock
- Sign up for your brokerage account
- Deposit funds into your brokerage account
- Research Iridium Communications stock
- Execute your IRDM trade
- Keep tabs on your IRDM investment
If you require a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to track your investment in Iridium Communications, create your watchlist below.
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