Iridium Communications (IRDM) – Investment Analysts’ Weekly Ratings Updates

Iridium Communications (NASDAQ: IRDM) recently received a number of ratings updates from brokerages and research firms:

• 4/27/2026 – Iridium Communications had its “sell” rating reaffirmed by BWS Financial. They now have a $16.00 price target on the stock.
• 4/24/2026 – Iridium Communications had its “market perform” rating reaffirmed by Raymond James Financial, Inc..
• 4/15/2026 – Iridium Communications had its “sell” rating reaffirmed by BWS Financial. They now have a $16.00 price target on the stock.
• 4/9/2026 – Iridium Communications had its price target raised by Barclays PLC from $25.00 to $36.00. They now have an “overweight” rating on the stock.
• 3/10/2026 – Iridium Communications was upgraded by Weiss Ratings from “sell (d+)” to “hold (c-)”.

Iridium Communications Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 16th were paid a $0.15 dividend. The ex-dividend date of this dividend was Monday, March 16th. This represents a $0.60 annualized dividend and a yield of 1.6%. Iridium Communications’s dividend payout ratio is presently 60.61%.

Insider Buying and Selling

In related news, CAO Timothy Kapalka sold 3,790 shares of the stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $31.00, for a total value of $117,490.00. Following the completion of the transaction, the chief accounting officer owned 47,764 shares of the company’s stock, valued at $1,480,684. This represents a 7.35% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.70% of the stock is currently owned by insiders.

Iridium Communications Inc operates a global satellite communications network that delivers voice and data services across land, sea and air. The company’s unique architecture relies on a constellation of 66 low-Earth orbit satellites, enabling real-time connectivity in regions beyond the reach of terrestrial wireless networks. Iridium’s core offerings include satellite voice and messaging services, broadband data terminals, push-to-talk (PTT) interoperability and machine-to-machine (M2M) solutions for the Internet of Things (IoT).

Iridium serves a diverse range of markets, including maritime shipping, aviation, government and defense, energy, and enterprise.