Feb. 12, 2020 Price forecast | 2 weeks: -1.57% | 1 month: -2.45% | 3 months: -5.41%


IRDM stock forecast

Our latest prediction for Iridium Communications, Inc.'s stock price was made on the Feb. 12, 2020 when the stock price was at 31.87$.

In the short term (2weeks), IRDM's stock price should underperform the market by -1.57%. During that period the price should oscillate between -6.21% and +5.19%.

In the medium term (3months), IRDM's stock price should underperform the market by -5.41%. During that period the price should oscillate between -22.01% and +12.95%.


About Iridium Communications, Inc.

Iridium Communications, Inc. is a mobile voice and data satellite communications network. Its satellite network provides communication where terrestrial wireless or wireline networks do not exist or are limited. The company's principal lines of business include Land Mobile, Maritime, Aviation, and Government. The Land Mobile business engages in the provision of mobile satellite communications services to the land mobile sector, providing handset services to areas not served or inconsistently served by existing terrestrial communications networks. The Maritime business provides broadband terminals, embedded devices and handsets. Its market space includes merchant shipping, fishing, research vessels and specialized water craft. The Aviation business provides mobile satellite communications services to the aviation sector. Its services are used in commercial and global government aviation applications, principally by corporate jets, corporate and government helicopter fleets, specialized general aviation fleets, such as medevac companies and fire suppression fleets, and high-end personal aircraft. The Government business line involves in the provision of mobile satellite communications services to the U.S. government, principally the Department of Defense. Its voice products are used for a variety of primary and backup communications solutions, including tactical operations, logistical, administrative, morale and welfare, and emergency communications. The firm's commercial services include: Postpaid Mobile Voice and Data Satellite Communications, Prepaid Mobile Voice Satellite Communications, Iridium PTT, Broadband Data, and Machine-to-Machine services. Iridium Communications was founded on November 2, 2007 and is headquartered in McLean, VA.

At the moment the company generates 554M USD in revenues.

On its last earning announcement, the company reported a loss of -0.56$ per share.

The book value per share is 14.51$

Iridium Communications, Inc. website


Three months stock forecastFeb. 12, 2020


Financials

Revenue USD Gross Margin Operating Income Operating Margin Net Income Earnings Per Share Dividends Payout Ratio Shares Book Value Per Share Operating Cash Flow Cap Spending Free Cash Flow
554M 73.90% 10M 1.80% -62M -0.56 - - 120M 14.51 181M -199M -19M