Eight analysts set USD 41.20 target for Iridium Communications stock
Published on 10/15/2026 at 19:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and quarterly date
- MarketBeat reported an average USD 41.20 target from eight analysts on October 12, 2026.
- Second-quarter revenue reached USD 225.24 million and grew 3.80 percent year over year.
- Iridium Communications stock costs EUR 39.40 at Lang & Schwarz on October 15, 2026 at 7:02 p.m. CEST, while Nasdaq trading was down 3.43 percent versus the prior close.
- MarketBeat listed October 15, 2026 as the projected date for third-quarter earnings.
Eight analysts put Iridium Communications' average 12-month price target at USD 41.20 on October 12, 2026, below the USD 44.21 Nasdaq price by 6.81 percent. MarketBeat said four analysts rated the stock Hold, three rated it Buy and one rated it Sell. At Lang & Schwarz, the stock stood at EUR 39.40 on October 15, 2026 at 7:02 p.m. CEST, while Nasdaq trading was down 3.43 percent versus the prior close.
Second-quarter revenue reached USD 225.24 million
Iridium's second-quarter revenue reached USD 225.24 million, up 3.80 percent from the year-earlier quarter. Adjusted? No adjusted figure is used here. The company reported diluted earnings per share of USD 0.09, below the USD 0.28 consensus estimate, while revenue exceeded the USD 220.32 million forecast, according to Investing.com.
Stock sits 22.70 percent below its yearly high
The Nasdaq price range for October 15, 2026 ran from USD 15.65 to USD 57.18 over 52 weeks. At USD 44.21, Iridium stood 22.70 percent below the high. Trading volume was 1,755,816 shares against an average of 1,115,145 shares, giving the session a concrete liquidity context.
Valuation and October earnings date
Iridium had a market capitalization of USD 4.7 billion and a price-to-earnings ratio of 50.23 on October 15, 2026. The quarterly dividend was USD 0.15 per share, equivalent to a 1.30 percent yield, according to MarketBeat. A separate MarketBeat calendar entry listed October 15, 2026 as the projected date for third-quarter earnings.
Comparison with peers
Iridium Communications (Nasdaq, USD): minus 3.43 percent, P/E 50.23, market capitalization USD 4.7 billion.
Rocket Lab (Nasdaq, USD): minus 10.98 percent, P/E minus 190.07, market capitalization USD 31.5 billion.
Globalstar (NYSE, USD): plus 0.15 percent, P/E minus 161.05, market capitalization USD 10.7 billion.
Euro price after hours
Iridium Communications stock stood at EUR 39.40 at Lang & Schwarz on October 15, 2026 at 7:02 p.m. CEST. The Nasdaq session price was USD 44.21 at 1:07 p.m. ET on the same date, separate from the euro quotation. The further course of trading is shown by the continuously updated real-time quote of Iridium Communications stock.
Iridium Communications market data
- Company: Iridium Communications Inc.
- ISIN: US46269C1027
- Ticker: IRDM
- Primary exchange: Nasdaq
- Price Lang & Schwarz: EUR 39.40 as of October 15, 2026 at 7:02 p.m. CEST
- Change on Nasdaq: minus 3.43 percent versus the prior close
- Market capitalization: USD 4.7 billion as of October 15, 2026
- 52-week range: USD 15.65-57.18 as of October 15, 2026
- Sector / Industry: Communication services / satellite communications
Market context: Market report S&P 500.
