Current stock research snapshot · 8/28/26 Fresh

IRDMIridium Communications Inc.

WATCH

Investment conviction○○○○○0 of 5 · current snapshot

Research target$58Current stock price target

Investment thesis statusINTACTLast reviewed 8/28/26

Market cap$5.05BSnapshot value · 8/28/26

Research history

What changed

Aug 28, 2026

Target
— → $58

Aug 28, 2026

Thesis status
NEEDS_MORE_DATA → INTACT

Aug 28, 2026

Coverage
— → Added to coverage

Current investment thesis

Digital Sovereignty > Secure Communications > Iridium EMSS as the DoD/USG satcom contract that cannot be easily rebid

Current stock catalysts

Next earnings (last reported 2026-07-22); EMSS/government service revenue in next 10-Q; ex-div 2026-09-15

Current investment risks

Trailing EPS turns negative; EMSS contract loss or material rate cut; Starlink/Kuiper displaces government satcom mix two quarters

Stock social sentiment

first-pass dt_ds_first_pass_2026-08-28; Fintel 🔴 Caution

Snapshot · 8/28/26

Institutional positioning

🔴 Caution · ins-$19.3M · 13F 13+/12-×0.5 · short↑0.24

Snapshot · 8/28/26