Iridium Communications (IRDM)

• Market cap: $2.97B
• 1 day: 0.00%
• 5 days: -5.92%
• 1 month: -11.70%
• 3 months: -7.61%
• 6 months: -11.93%
• Year to date: -7.61%
• 1 year: 5.12%
• 5 years: 29.23%
• 10 years: 169.16%
• Sector: Communication Services
• Industry: Communications Equipment

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

33% more funds holding in top 10

Funds holding in top 10: 3 [Q3] → 4 (+1) [Q4]

5.8% more ownership

Funds ownership: 82.12% [Q3] → 87.92% (+5.8%) [Q4]

2% more repeat investments, than reductions

Existing positions increased: 127 | Existing positions reduced: 125

2% less first-time investments, than exits

New positions opened: 49 | Existing positions closed: 50

2% less capital invested

Capital invested by funds: $2.97B [Q3] → $2.91B (-$62.1M) [Q4]

1% less funds holding

Funds holding: 348 [Q3] → 344 (-4) [Q4]

28% less call options, than puts

Call options by funds: $7.83M | Put options by funds: $10.8M

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $38 39% upside
• Avg. target: $38 39% upside
• High target: $38 39% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Barclays Mathieu Robilliard 60% 1-year accuracy 3 / 5 met price target

39% upside $38

Overweight Maintained

10 Mar 2025