Yahoo · Sep 15, 2026
RKLB Fully Funds $8B Iridium Deal: Rocket Lab’s Stock Sale Removes Key Risk Ahead Of Acquisition
The company completed its $1.94 billion at-the-market (ATM) stock offering, selling about 29.3 million shares.
IR
NASDAQ · IRDM
Iridium Communications Inc.
Communication Services · Telecommunications Services
$47.09
Up+$0.91 (+1.97%)
Updated Sep 16, 2026, 7:54 AM
SID Score
6.1/10
Composite research score
Smart Money
—
Institutional and insider signal
- Market cap
- 1.97B
- P/E ratio
- 15.85
- Dividend yield
- 1.53%
- 52-week range
- $15.65 – $57.18
- Volume
- 971.14K
- Avg. volume
- 2.68M
Price performance
IRDM price history
1M range · 20 trading sessions · Daily adjusted prices
IRDM closed at $47.09 after 20 trading sessions, down 3.96% for the selected period.
- Last close
- $47.09
- Period change
- -3.96%
- Period low
- $46.18
- Period high
- $49.03
Daily close
View OHLC price history
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Sep 15, 2026 | $45.88 | $47.22 | $45.88 | $47.09 | 971.14K |
| Sep 14, 2026 | $46.33 | $46.94 | $45.96 | $46.18 | 1.5M |
| Sep 11, 2026 | $47.04 | $47.59 | $47.04 | $47.30 | 621.82K |
| Sep 10, 2026 | $46.64 | $47.81 | $46.20 | $47.03 | 667.61K |
| Sep 9, 2026 | $48.00 | $48.23 | $46.99 | $47.06 | 542.04K |
| Sep 8, 2026 | $47.24 | $47.8699 | $47.15 | $47.80 | 640.09K |
| Sep 4, 2026 | $47.13 | $47.66 | $47.06 | $47.21 | 520.55K |
| Sep 3, 2026 | $47.17 | $47.5687 | $46.78 | $46.95 | 737.08K |
| Sep 2, 2026 | $47.00 | $47.13 | $46.54 | $46.97 | 519.96K |
| Sep 1, 2026 | $46.41 | $46.91 | $46.14 | $46.72 | 535.57K |
| Aug 31, 2026 | $46.635 | $46.98 | $46.375 | $46.98 | 928.55K |
| Aug 28, 2026 | $47.61 | $47.61 | $46.50 | $46.60 | 1.51M |
| Aug 27, 2026 | $47.46 | $47.70 | $47.01 | $47.64 | 503.18K |
| Aug 26, 2026 | $46.96 | $47.50 | $46.68 | $47.20 | 705.4K |
| Aug 25, 2026 | $47.38 | $47.645 | $46.90 | $47.10 | 692.5K |
| Aug 24, 2026 | $48.43 | $48.48 | $47.24 | $47.30 | 646.76K |
| Aug 21, 2026 | $49.00 | $49.105 | $48.05 | $48.98 | 1.24M |
| Aug 20, 2026 | $47.90 | $48.70 | $47.90 | $48.45 | 1.03M |
| Aug 19, 2026 | $48.3544 | $48.90 | $47.9011 | $48.71 | 819.37K |
| Aug 18, 2026 | $49.015 | $49.89 | $48.75 | $49.03 | 1M |
Latest IRDM news
The latest Smart Investors Daily articles mentioning IRDM.
Stock researchCompany · Overview
IRDM research
Overview
Company profile and research snapshot.
Company profile
Iridium Communications Inc is the commercial provider of communications services offering true globalised coverage, connecting people, organizations and assets to and from anywhere, in real time. The company is a provider of mobile voice and data communications services through a constellation of low earth-orbiting satellites. Iridium's solutions are ideally suited for industries such as maritime, aviation, government/military, emergency/humanitarian services, mining, forestry, oil and gas, heavy equipment, transportation, and utilities. Iridium also provides service to subscribers from the U.S. Department of Defense, as well as other civil and government agencies world-wide. The Company operates in one business segment, providing satellite communications services and products.
Visit company websiteAnalyst outlook
Consensus and target data currently published for this company.
- Consensus
- Buy
- Average target
- $25.00
- Implied upside
- —
- Analysts
- 16
| Date | Firm | Rating | Target |
|---|---|---|---|
| Jun 30, 2026 | Morgan Stanley | Equal-Weight | — |
| Jun 3, 2026 | Oppenheimer | Outperform | — |
| Apr 27, 2026 | BWS Financial | Sell | — |
| Apr 24, 2026 | Raymond James | Market Perform | — |
| Apr 15, 2026 | BWS Financial | Sell | — |
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Yahoo · Sep 15, 2026
Rocket Lab Fully Funds Iridium Acquisition, Including Completion of $1.94 Billion ATM
Iridium Acquisition Now Fully Financed: Rocket Lab completes the $1.944 billion At-The-Market (ATM) equity offering, securing the required cash consideration (alongside available liquidity) to fully fund its pending acquisition of Iridium Communications - expected to close in mid-2027, pending regulatory approvals. Cost-Effective Debt Structure Secured: Iridium amends its existing $1.775 billion credit facility to permit the change of control, establishing long-term, cost-effective permanent fin
Yahoo · Sep 15, 2026
Rocket Lab Expects Iridium Deal To Double Its Size ‘Overnight’ — CFO Says More Space Deals May Follow
The slower-growing Iridium business is expected to initially dilute Rocket Lab’s nearly 100% annual growth rate.
Yahoo · Sep 14, 2026
ViaSat Stock Soared on Hopes of a Big Deal. The Company Has Other Ideas.
ViaSat stock has more than doubled this year amid a flurry of satellite-company takeovers, but it is pursuing a different path.
AI research layers
Interpretive context generated from the platform’s current data sources.
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