Added to YB: 2026-09-02
Pitch date: 2026-08-31
IRDM [neutral]
Iridium Communications Inc.
+0.67%
current return
Author Info
No bio for this author
Company Info
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.
Market Cap
$4.9B
Pitch Price
$46.41
Price Target
52.76 (+12%)
Dividend
1.29%
EV/EBITDA
15.38
P/E
53.62
EV/Sales
7.40
Sector
Diversified Telecommunication Services
Category
special_situation
Newmoon Weekly Digest, 31 August 2026: Five Setups Worth a Closer Look - Iridium (IRDM): A 13.2% Upside Potential
IRDM (monitor): Iridium has agreed to be acquired by Rocket Lab for $27 cash plus 0.24-0.40 Rocket Lab shares per share. At Rocket Lab’s August 28 close of $64.39, the formula indicates the maximum 0.4000 ratio, implying consideration of about $52.76 versus Iridium’s $46.60 close, or 13.2% gross upside. The final payout remains variable and closing is not expected until 2027.
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