Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Iridium Communications Inc. before investing.

In this article, we go over a few key elements for understanding Iridium Communications Inc.’s stock price such as:

• Iridium Communications Inc.’s current stock price and volume
• Why Iridium Communications Inc.’s stock price changed recently
• Upgrades and downgrades for IRDM from analysts
• IRDM’s stock price momentum as measured by its relative strength

About Iridium Communications Inc. (IRDM)

Before we jump into Iridium Communications Inc.’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Iridium Communications Inc. provides mobile voice and data communications services and products to businesses, the United States and foreign governments, non-governmental organizations, and consumers in the United States, Canada, and internationally. 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, and charging units. 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 value-added 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.

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Iridium Communications Inc.’s Stock Price as of Market Close

As of March 11, 2026, 4:00 PM, CST, Iridium Communications Inc.’s stock price was $24.800.

Iridium Communications Inc. is down 0.12% from its previous closing price of $24.830.

During the last market session, Iridium Communications Inc.’s stock traded between $24.430 and $25.090. Currently, there are approximately 104.48 million shares outstanding for Iridium Communications Inc..

Iridium Communications Inc.’s price-earnings (P/E) ratio is currently at 23.4, which is high compared to the Diversified Telecommunication Services industry median of 10.1. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Iridium Communications Inc. Stock Price History

Iridium Communications Inc.’s (IRDM) price is currently up 3.55% so far this month.

During the month of March, Iridium Communications Inc.’s stock price has reached a high of $25.120 and a low of $23.390.

Over the last year, Iridium Communications Inc. has hit prices as high as $33.340 and as low as $15.645. Year to date, Iridium Communications Inc.’s stock is up 42.69%.

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What Caused Iridium Communications Inc. Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of March 11, 2026, there was 1 analyst who downgraded Iridium Communications Inc.’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Iridium Communications Inc.’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Iridium Communications Inc.’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Iridium Communications Inc.’s current valuation based on AAII’s Value Grade is a C, which means it is considered to be Average.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Iridium Communications Inc. (IRDM) by visiting AAII Stock Evaluator.

Relative Price Strength of Iridium Communications Inc.

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of March 11, 2026, Iridium Communications Inc. has a weighted four-quarter relative price strength of 5.01%, which translates to a Momentum Score of 68 and is considered to be Strong.

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Iridium Communications Inc. Stock Price: Bottom Line

As of March 11, 2026, Iridium Communications Inc.’s stock price is $24.800, which is down 0.12% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Iridium Communications Inc. stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.