What is Zacks Research’s Forecast for IRDM FY2026 Earnings?

Iridium Communications Inc (NASDAQ:IRDM) – Equities researchers at Zacks Research boosted their FY2026 EPS estimates for shares of Iridium Communications in a report issued on Tuesday, November 10th. Zacks Research analyst Team now expects that the technology company will earn $0.99 per share for the year, up from their prior estimate of $0.92. The consensus estimate for Iridium Communications’ current full-year earnings is $0.98 per share. Zacks Research also issued estimates for Iridium Communications’ Q4 2026 earnings at $0.22 EPS, Q3 2027 earnings at $0.25 EPS, Q4 2027 earnings at $0.23 EPS, FY2027 earnings at $0.95 EPS and FY2028 earnings at $1.01 EPS.

IRDM has been the topic of several other reports. Weiss Ratings raised Iridium Communications from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, October 21st. New Street Research upgraded Iridium Communications from a “neutral” rating to a “buy” rating in a research report on Wednesday, July 22nd. Three equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $41.20.

Iridium Communications Price Performance

Shares of NASDAQ IRDM opened at $47.29 on Thursday. The business’s 50 day moving average price is $46.43 and its 200 day moving average price is $40.56. The firm has a market cap of $5.02 billion, a P/E ratio of 31.32, a P/E/G ratio of 3.61 and a beta of 0.87. The company has a quick ratio of 0.72, a current ratio of 0.91 and a debt-to-equity ratio of 3.34. Iridium Communications has a 52 week low of $15.65 and a 52 week high of $57.18.

Iridium Communications (NASDAQ:IRDM) last posted its quarterly earnings data on Tuesday, October 20th. The technology company reported $0.98 EPS for the quarter, topping the consensus estimate of $0.34 by $0.64. Iridium Communications had a net margin of 18.06% and a return on equity of 22.04%. The business had revenue of $245.73 million during the quarter, compared to the consensus estimate of $236.30 million. During the same period in the previous year, the firm posted $0.35 earnings per share.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. CoreCap Advisors LLC lifted its stake in Iridium Communications by 69.0% during the 3rd quarter. CoreCap Advisors LLC now owns 1,021 shares of the technology company’s stock worth $49,000 after acquiring an additional 417 shares in the last quarter. Signaturefd LLC raised its holdings in Iridium Communications by 45.9% in the third quarter. Signaturefd LLC now owns 1,357 shares of the technology company’s stock valued at $65,000 after acquiring an additional 427 shares in the last quarter. QRG Capital Management Inc. raised its holdings in Iridium Communications by 5.1% in the second quarter. QRG Capital Management Inc. now owns 9,045 shares of the technology company’s stock valued at $496,000 after acquiring an additional 436 shares in the last quarter. Commonwealth Equity Services LLC lifted its stake in Iridium Communications by 4.5% in the third quarter. Commonwealth Equity Services LLC now owns 11,031 shares of the technology company’s stock worth $528,000 after acquiring an additional 476 shares during the last quarter. Finally, GAMMA Investing LLC lifted its stake in Iridium Communications by 19.4% in the second quarter. GAMMA Investing LLC now owns 3,023 shares of the technology company’s stock worth $166,000 after acquiring an additional 491 shares during the last quarter. 84.36% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Iridium Communications news, insider Suzanne Mcbride sold 85,454 shares of Iridium Communications stock in a transaction on Monday, August 17th. The stock was sold at an average price of $50.28, for a total value of $4,296,627.12. Following the sale, the insider owned 282,017 shares in the company, valued at $14,179,814.76. The trade was a 23.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Kathleen A. Morgan sold 33,192 shares of the business’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $50.35, for a total transaction of $1,671,217.20. Following the completion of the sale, the insider owned 124,871 shares in the company, valued at approximately $6,287,254.85. This trade represents a 21.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 381,688 shares of company stock worth $19,146,390. Insiders own 2.70% of the company’s stock.

Key Iridium Communications News

Investors following IRDM have been watching these news items:

• Positive Sentiment: Zacks Research raised its FY2026 EPS forecast to $0.99 from $0.92, slightly above the cited $0.98 consensus estimate. MarketBeat IRDM coverage
• Negative Sentiment: Zacks lowered estimates across multiple future periods: FY2027 EPS to $0.95 from $1.13, FY2028 to $1.01 from $1.32, Q4 2027 to $0.23 from $0.31, and Q3 2027 to $0.25 from $0.30. It also reduced its Q4 2026 estimate to $0.22 from $0.26. The breadth of these cuts suggests a softer earnings outlook beyond FY2026 and is the clearest potential headwind for IRDM shares. MarketBeat IRDM coverage

About Iridium Communications

Iridium Communications provides satellite voice and data services through a low Earth orbit constellation designed to deliver coverage across the globe, including polar regions and remote areas beyond the reach of many terrestrial networks. Its customers include businesses, government agencies, and individuals working on land, at sea, and in the air. The company offers satellite phones, voice and broadband connectivity, push-to-talk communications, and Internet of Things services. Its Iridium Certus platform supports voice and data applications, while its network also carries safety and operational communications for sectors such as maritime, aviation, and government.