Insider buying last 90 days
No open-market insider purchases were filed for IRDM in the last 90 days.
From Form 4 filings, dated to when each was filed.
Sep 28 close
Iridium Communications moves this week on approval of Rocket Lab's $8 billion acquisition, with stockholders voting 99.6% in favor. Under the terms, IRDM shareholders are set to receive $27.00 in cash plus Rocket Lab shares per share, valuing the deal at a notional $54.00, subject to a collar mechanism. Coverage this week also points to Iridium's L-band spectrum as a key asset in the transaction, and notes that Rocket Lab raised $1.94 billion in a stock sale to help fund the deal and retire a $3.6 billion bridge loan. Separately, Iridium's Q2 2026 revenue of $225.24 million exceeded consensus estimates, though EPS missed expectations.
IRDM closes at $48.33, down 0.9% on the day, with the close above both the 50-day average of $47.77 and the 200-day average of $36.40. The GekkoIndex reads 55.5, placing the stock in the Neutral zone. Price sits 21.5% below Gekko Fair Value of $61.57.
Iridium's next earnings date is 22 October 2026, before the open, 23 days away and inside a typical 20-trading-day holding window. The prior quarter's EPS of $0.19 missed the $0.26 estimate, with a 0.8% reaction, and the stock has beaten estimates in 4 of the last 8 quarters, averaging an absolute post-earnings move of 10.5%. Seasonality over the past 5 years shows the next 20 trading days averaging -2.6%, rising in 2 of those years. No insider, Congress, or unusual options activity appears in the current window.
Written by AI and checked automatically against the figures on this page. Generated Sep 29, 2026 from the data above.
Iridium Communications scores 2 supportive, 1 mixed and 2 headwinds across the 5 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
2 supportive1 mixed2 headwinds
Above 50 and 200-day
Close $48.33 is above the 50-day ($47.77) and 200-day ($36.40) averages, and the 50-day is above the 200-day.
See the chart55.5, Neutral
Reading 55.5 is in the Neutral zone.
See the GekkoIndex21.5% below
Price is 21.5% below Gekko Fair Value (more than 5% below).
See fair valueNo data
No insider, Congress or unusual options activity in the window.
See smart moneyReports in 23 days
Reports on Oct 22, 2026, 23 days away — inside a typical 20-trading-day hold.
See earnings−2.6% on average
From this point in the calendar, the next 20 trading days averaged −2.6% over 5 years, rising in 2 of them.
See seasonalityA description of current data, not a recommendation. How this page works
Iridium Communications closed at $48.33 on Sep 28, 2026, +177.3% over the past year, inside a 52-week range of $15.65 to $57.18.
Use the left and right arrow keys to read daily values.
Put IRDM on a Gekko watchlist and see its GekkoIndex, Gekko Fair Value and smart money signals update on the chart as they change.
Iridium Communications delivers satellite-based voice and data connectivity to customers around the world, reaching areas beyond the range of ground-based networks. Its services span mobile voice calls, data transmission, push-to-talk communication, broadband connections, and Internet of Things applications, alongside tracking, messaging, and secure communication tools used in aviation, maritime, defense, and government settings. The company is recognized for keeping people, vehicles, and equipment connected in remote or hard-to-reach locations.
Its customer base includes commercial businesses, government bodies both domestic and international, non-governmental organizations, and individual users. Iridium reaches these markets largely through wholesale partners such as service providers, resellers, and equipment manufacturers rather than direct retail sales. Alongside connectivity services, it manufactures handsets, modems, terminals, and related hardware accessories, and it also performs maintenance work on ground infrastructure tied to government satellite operations, plus support for hosted payloads and specialized data applications.
Iridium traces back to 2000, having previously operated as Iridium Holdings LLC before adopting its current name in September 2009. The company is headquartered in McLean, Virginia, and its shares are listed on the NASDAQ under the ticker IRDM.
Iridium Communications’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 55.5, in the Neutral zone, down 0.6 points over five sessions.
Down 0.6 points over five sessions.
Reading for Sep 28, 2026
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying | 41 | 0.0% | −2.8% | ||
| Accumulation | 248 | +0.7% | 0.0% | ||
| Neutral (current zone) | 341 | +0.4% | +4.1% | ||
| Distribution | 41 | −0.2% | −0.2% | ||
| Selling | 1 | Too few readings yet | |||
Average IRDM share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.1% over 20 days. Past behaviour doesn’t guarantee future results.
Neutral zone: No clear directional signal. About the five zones →
Iridium Communications trades 21.5% below Gekko Fair Value of $61.57, so the shares are undervalued on Gekko’s estimate.
Gekko’s own estimate of what Iridium Communications shares are worth, recalculated every trading day.
$61.57
Gekko Fair Value, Sep 29, 2026
21.5% Undervalued
No open-market insider purchases were filed for Iridium Communications, and no Congress trades were disclosed, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
No open-market insider purchases were filed for IRDM in the last 90 days.
From Form 4 filings, dated to when each was filed.
No trades in IRDM were disclosed by members of Congress in the last 90 days.
From congressional disclosures, which report amounts as ranges.
Iridium Communications has been buying back its own shares.
From company filings.
Iridium Communications reports on Oct 22, 2026, before the open (23 days away), and beat the EPS estimate in 4 of its last 8 reports.
Oct 22, 2026
Expected before the open, 23 days away
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| Jul 22, 2026 | $0.19 est $0.26 | $225.2M est $220.3M | +0.8% |
| Apr 23, 2026 | $0.20 est $0.25 | $219.1M est $218.4M | −3.6% |
| Feb 12, 2026 | $0.24 est $0.23 | $212.9M est $218.0M | +25.5% |
| Oct 23, 2025 | $0.35 est $0.29 | $226.9M est $219.1M | −7.7% |
| Jul 24, 2025 | $0.20 est $0.23 | $216.9M est $222.7M | −20.8% |
| Apr 22, 2025 | $0.27 est $0.28 | $214.9M est $213.6M | −7.0% |
| Feb 13, 2025 | $0.30 est $0.22 | $213.0M est $209.5M | +14.1% |
| Oct 17, 2024 | $0.21 est $0.20 | $212.8M est $203.6M | +4.6% |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
Analysts’ average 12-month price target for Iridium Communications is $42.00, −13.1% from the last close, from 4 firms rating the stock in the last 90 days.
Each firm’s latest rating in the last 90 days: 4 firms.
| Date | Firm | Target | vs price |
|---|---|---|---|
| Jul 30 | Morgan Stanley | $54 | +11.7% |
| Jul 23 | William Blair | — | — |
| Jul 23 | Clear Street | $54 | +11.7% |
| Jun 30 | Barclays | $36 | −25.5% |
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
Over the next 20 trading days from Sep 29, Iridium Communications averaged −2.6% across the last 5 years, rising in 2 of them.
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | +2.1% | 2 of 5 |
| Next 10 trading days | −0.2% | 2 of 5 |
| Next 15 trading days | +0.1% | 4 of 5 |
| Next 20 trading days | −2.6% | 2 of 5 |
| Next 30 trading days | −2.1% | 2 of 5 |
For scale, IRDM’s typical 20-trading-day move in either direction is about 7.5%.
Iridium Communications’s market cap is $5.12B, with a P/E ratio of 56 and revenue of $884.2M over the last twelve months.
Coverage of Iridium Communications this week reads positive: 5 positive, 3 neutral and 0 negative headlines.
Iridium Communications’s 3 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.
| Stock | GekkoIndex zone | vs Fair Value |
|---|---|---|
| ASTSAST SpaceMobile | Neutral | 12.3% below |
| ITRNIturan Location and Control | Accumulation | 23.4% below |
| TSATTelesat | Neutral | 26.9% above |
A peer links to its own page where one exists.
Iridium Communications’s market cap is $5.12B at the Sep 28, 2026 close of $48.33, with 106.0M shares outstanding. The shares trade on a P/E ratio of 56.
The consensus analyst 12-month price target for Iridium Communications is $42.00, −13.1% from the last close. Of the 4 firms that rated the stock in the last 90 days, 1 rate it a buy, 3 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.
On Gekko’s estimate Iridium Communications is undervalued: the Sep 28, 2026 close of $48.33 is 21.5% below Gekko Fair Value of $61.57. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
Iridium Communications is expected to report on Oct 22, 2026, before the market opens (23 days away). Analysts expect earnings of $0.33 per share on revenue of $237.9M. Iridium Communications beat the earnings estimate in 4 of its last 8 reports, moving 10.5% on average across the report.
Iridium Communications’s 52-week high is $57.18 and its 52-week low is $15.65; it closed at $48.33 on Sep 28, 2026, +177.3% over the past year. Over the last five years the shares peaked at $68.34 on Apr 24, 2023.
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 2 of the 5 items with data read as supportive (trend and fair value), 1 as mixed (gekkoindex) and 2 as headwinds (earnings risk and seasonality). The checklist is a description of current data, not a recommendation.
During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
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