Apple's Secret Weapon to Disrupt a $9 Trillion Industry
Apple just fired a shot at a $9 trillion sector - not with a new iPhone, but with its most disruptive project since the smartphone. One tiny supplier - still trading near $30 - sits quietly at the center of this bold move.
| Open | 25.83 | Prev Close | 25.26 |
| High | 26.02 | Low | 24.84 |
| Volume | 4,026,471 | Volume (Avg) | 1,365 |
| 52 Week High | 35.33 | 52 Week Low | 19.81 |
| Market Cap | 2.7B | PE Ratio | 25.67 |
General
| Name | Iridium Communications Inc |
| Ticker | IRDM |
| Exchange | NASDAQ |
| Sector | Communication Services |
| Industry | Telecom Services |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 873 |
About 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. The company offers mobile satellite communications services for land mobile end users and aviation sectors; broadband terminals, embedded devices, and handsets for merchant shipping, fishing, leisure and research vessels, and specialized watercraft; satellite-based IoT services; hosted payload and other data services; and other data services and engineering services. It also provides postpaid mobile voice and data satellite communications; prepaid mobile voice satellite communications; push-to-talk; broadband data; Internet of Things (IoT); and satellite time and location services. In addition, the company offers personnel tracking devices; asset tracking devices for equipment, vehicles, and aircrafts; beyond-line-of-sight aircraft communications applications; maritime communications applications; specialized communications solutions for high-value individuals; and mobile communications and data devices for the military and other government agencies, such as secure satellite handsets; and maintenance services for the U.S. government's dedicated gateway. Further, it provides satellite handsets, voice and data modems, broadband data devices, and IoT data devices; and various accessories for its devices that include batteries, holsters, earbud headphones, portable auxiliary antennas, antenna adaptors, USB data cables, charging units, and others. The company sells its products and services to commercial end users through a wholesale distribution network that include service providers, and value-added resellers and manufacturers. The company was formerly known as Iridium Holdings LLC and changed its name to Iridium Communications Inc. in September 2009. Iridium Communications Inc. is headquartered in McLean, Virginia.
Highlights
| Analyst Target | 36.11 |
| Market Cap | 2,726,600,000 |
| PE Ratio | 25.67 |
| PEG Ratio | 0.83 |
| EBITDA | 427,824,000 |
Valuation
| Trailing PE | 25.70 |
| Forward PE | 24.81 |
| Price/Sales (Trailing 12 Mt.) | 3.18 |
| Price/Book (Most Recent Quarter) | 5.76 |
Technicals
| Beta | 0.76 |
| 52 Week High | 35.33 |
| 52 Week Low | 19.81 |
| 50 Day Average | -10.38% |
| 200 Day Average | -9.98% |
Dividend
Iridium Communications Inc pays out a dividend of $0.58 per share, with a dividend yield of 2.26%.
IRDM's last dividend payment was made to shareholders on June 30, 2025.
They pay out 58.42% of their earnings out as a dividend.
Recent Dividends
| Jun 30, 2025 | $0.14 |
| Mar 31, 2025 | $0.14 |
| Dec 31, 2024 | $0.14 |
| Sep 30, 2024 | $0.14 |
| Jun 28, 2024 | $0.14 |
| Mar 29, 2024 | $0.13 |
| Dec 29, 2023 | $0.13 |
| Sep 29, 2023 | $0.13 |
Trump Says 5 Jets Downed During India-Pakistan Conflict: '...Shot Out Of The Air'
President Donald Trump during a dinner with Republican lawmakers stated, that up to 5 jets were shot down during the India-Pakistan conflict.
Bitcoin's 4-Year Cycle Is Dead, Researcher Says: Here's Why It Matters For XRP
The crypto market has changed, and experts say relying on the traditional 4-year halving cycle could leave investors poorly positioned in
How to Hack a $1.3T Market - Ad
Forget concrete. The new foundation for real estate success is digital, and Pacaso leads the way. Their tech unlocks a $1.3T real estate market. They've already earned $110M+ in gross profits in their operating history and reserved the Nasdaq ticker PCSO.
After years of tough rules on liquids and footwear, US air travel may be on the cusp of a new era
NEW YORK (AP) — When limits on liquids were introduced at TSA checkpoints across the country in 2006, bins overflowed with bottled water, toothpaste, shaving cream and so much more. Nearly two decades later, travelers are much more accustomed to the “3-1-1” regulations" governing the size of the liquids they're flying with, but scenes of passengers guzzling a beverage before putting their bags through the screening machines are still common.
Cathie Wood Doubles Down On Tesla Despite Leadership Exodus, Dumps $22 Million Of Crypto Stocks Amid Bitcoin Buzz
Cathie Wood-led Ark Invest made significant trades on Tuesday, involving major companies like Tesla Inc. (NASDAQ:TSLA), Coinbase Global Inc.
What's inside Elon's building in Memphis will shock you - Ad
Inside Elon Musk's Memphis site lies a supercomputer built to power the world's first superhuman AI. It could make Elon a trillionaire - and new millionaires, too. With just $500, you could get in before the July 1st funding window closes.
Coldplay's jumbotron captures — what exactly? The internet has its theories
LONDON (AP) — It started out as a routine bit of fun at a Coldplay concert: Lead singer Chris Martin asked the cameras to scan the crowd for his “Jumbotron Song,” when he sings a few lines about the people the camera lands on.
What's happening with forgiveness for student loans on income-based repayment plans?
NEW YORK (AP) — Amid a federal overhaul of , many borrowers have been left wondering what it means for their hopes of loan forgiveness. In particular, those who are enrolled in a repayment plan known as income-based repayment, or IBR, have wondered if forgiveness will still be available to them.
The Tesla Shock Nobody Sees Coming - Ad
While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as July 23rd.
ProKidney Stock Shoots Up Over 8% After Hours After Staggering 515% Rally On Wednesday
ProKidney (NASDAQ: PROK) experienced a surge of 515% during Tuesday's trading session and gained additional 8.58% after-hours to $4.05 on positive Phase 2 trial results, with trading volume seeing a jump to 39.8 million shares from an average of 1.12 million.
Elon Musk Once Revealed How He Comes Up With 'Crazy Ideas' — And Gets Them Off The Ground Even When Funding Is Scarce
Elon Musk once explained that he turns ambitious ideas into reality by starting with low-cost software ventures, using first principles thinking, and combining insights across industries—even without major funding.
Investing Legend Hints the End May Be Near for These 3 Iconic Stocks - Ad
Futurist Eric Fry say Amazon, Tesla and Nvidia are all on the verge of major disruption. To help protect anyone with money invested in them, he's sharing three exciting stocks to replace them with. He gives away the names and tickers completely free in his brand-new "Sell This, Buy That" broadcast.
Nvidia Is 'On A March To $5 Trillion' Market Capitalization, Says Dan Ives As He Predicts Bullish Environment For Tech And Crypto: 'Very Strong Second Half'
Wedbush analyst Daniel Ives delivered an optimistic outlook for Nvidia Corp. (NASDAQ:NVDA) and the broader tech and crypto markets, predicting a $5 trillion market capitalization for the tech giant led by Jensen Huang.
One Tech Tip: How to clean your computer, earbuds and smartphone
LONDON (AP) — Smartphones, laptops, headphones and other electronic devices are essential for work and play in our daily lives. But all that time spent typing, scrolling or listening also means our devices gradually accumulate grime that needs to be cleaned off.
Trump Is Fast-Tracking These Three Companies - Ad
The Trump administration is planning to invest DIRECTLY in a small sector of the stock market... And they just revealed the names of three potential targets.
Trump-Backed Crypto Bills Stalled Again In House Of Representatives, Marjorie Taylor Greene Holds Out On CBDC Ban: 'Will Not Vote For This'
House Republican leaders faced another setback Wednesday in their efforts to move key cryptocurrency bills, due to disagreements among GOP lawmakers.
JPMorgan's Plan To Impose Fees On Data Aggregators Could 'Cripple' The Crypto Industry, Say Execs: 'This Would Put Everyone Out Of Business'
JPMorgan Chase & Co's (NYSE: JPM) plan to introduce fees for transactions involving cryptocurrencies and third-party services could significantly cripple the fintech industry, say experts.
Is Elon's Empire Crumbling? - Ad
Jeff Brown - the legend who called Tesla and Nvidia early - says Elon is about to launch a $25T AI revolution. This isn't another chatbot. It's real-world AI that could 14X the impact of ChatGPT. But after July 23rd, it may be too late.
Inside the high-stakes battle to win a New York City casino license
NEW YORK (AP) — A Caesars Palace casino in the heart of Times Square. A sprawling gambling hall along Coney Island’s iconic boardwalk. A Hard Rock casino complex next to the home stadium of baseball’s New York Mets.
MP Materials, Nvidia, AMD, Alibaba And Tesla: Why These 5 Stocks Are On Investors' Radars Today
Major indices were mixed on Tuesday with the Dow Jones Industrial Average falling nearly 1% to 44,023.29.
Leaked Memo Points to $100 Trillion Wealth Transfer Starting Soon - Ad
The U.S. Department of the Interior's internal memo has leaked ... and the contents are shocking. A federally backed resource monetization plan may soon go live, and it could trigger a new gold rush into select energy and mineral stocks. Investing legend Whitney Tilson breaks it all down inside.
Australian prime minister indulges in panda diplomacy as state visit in China nears end
BEIJING (AP) — Australian Prime Minister Anthony Albanese has toured a panda breeding facility in the final stages of an extended state visit that has cast China as a fellow champion of a global fair trade system .
BitMine Stock Is Trading Higher Wednesday: What's Going On?
BitMine Immersion Technologies, Inc. (AMEX:BMNR) shares are trading higher Wednesday after a Schedule 13G filing revealed that FF Consumer Growth, a firm linked to billionaire investor Peter Thiel, has taken a stake in the company.
Elon's New Device Could Launch Biggest IPO of the Decade - Ad
Elon Musk's new device is being called a "game-changer"-and even the White House is using this tech. Jeff Brown says it could launch Musk's next trillion-dollar company and make early investors rich. You can claim a stake now for as little as $500.
SharpLink (SBET) Shares Plunge After Filing To Sell An Additional $5 Billion in Stock
Shares of SharpLink Gaming Inc (NASDAQ:SBET) are trading lower Friday, pulling back from a significant rally earlier in the week.
Feihe Struggles Amid China's Dairy Oversupply And Falling Birth Rates
Declining birth rates and China's slowing economy are taking a toll on the company and its peers as they grapple with oversupply and asset impairments on excess inventory
America's Biggest Land Grab Is Not Where You Think - Ad
While the media focuses on coastal cities and farmland... Savvy insiders are rushing into an unexpected pocket of U.S. soil that's exploding in value. One former hedge fund firm manager reveals the full story and why this hidden land rush could trigger a generational wealth event. But access to this research might disappear within days.
XRP Boosted 4% By Ripple's Stablecoin Partnership With BNY
Ripple (CRYPTO: XRP) has announced that the Bank of New York Mellon (NYSE:BKAG) will serve as the primary custodian for reserves backing its
Teens say they are turning to AI for advice, friendship and 'to get out of thinking'
No question is too small when Kayla Chege, a high school student in Kansas, is using .
Apple's Secret Weapon to Disrupt a $9 Trillion Industry - Ad
Apple just fired a shot at a $9 trillion sector - not with a new iPhone, but with its most disruptive project since the smartphone. One tiny supplier - still trading near $30 - sits quietly at the center of this bold move.
What's Fueling ON Semiconductor's Recent Stock Surge?
ON Semiconductor has recently seen a significant surge, gaining over 47% in the last three months and outperforming the index's 34% rise, and it currently trades above its 50-day moving average of $47.56.
Martin Luther King Jr. FBI Records Released By Trump Administration: Al Sharpton Says, 'Desperate Attempt' To Distract People From Epstein Firestorm
Trump administration released over 240,000 pages of FBI surveillance records on Martin Luther King Jr., sparking controversy among his family and civil rights organizations.
How to Hack a $1.3T Market - Ad
Forget concrete. The new foundation for real estate success is digital, and Pacaso leads the way. Their tech unlocks a $1.3T real estate market. They've already earned $110M+ in gross profits in their operating history and reserved the Nasdaq ticker PCSO.
'Black Swan' Author Nassim Taleb Shares Life Lessons, AI Concerns And Economic Fears
Nassim Nicholas Taleb, the author of "The Black Swan" and "Antifragile," shared his insights on life, success, and his biggest worries.
Illumina Stock: What Went Wrong And Why It's Best To Stay Away
According to the Adhishthana Principles, Illumina stock may remain under pressure for over 18 years — here's why.
What's inside Elon's building in Memphis will shock you - Ad
Inside Elon Musk's Memphis site lies a supercomputer built to power the world's first superhuman AI. It could make Elon a trillionaire - and new millionaires, too. With just $500, you could get in before the July 1st funding window closes.
Robert Kiyosaki Advocates for Gold and Bitcoin Over Dollar Savings: 'It Is Smarter and Safer'
Renowned financial educator Robert Kiyosaki recently expressed his preference for gold and Bitcoin (CRYPTO: BTC) over saving in dollars,
Russia insists on achieving Ukraine goals despite Trump's ultimatum
Russia is open to peace with Ukraine, but achieving its goals remains a priority, Kremlin spokesman Dmitry Peskov said Sunday, days after U.S. President to agree to a ceasefire or .
The Tesla Shock Nobody Sees Coming - Ad
While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as July 23rd.
Whitmer says 'massive economic uncertainty' is to blame on semiconductor project failure in Michigan
LANSING, Mich. (AP) — Plans to build a semiconductor manufacturing plant in Michigan have fallen through and Democratic Gov. Gretchen Whitmer said Wednesday that “massive economic uncertainty” is to blame.
Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.