Is Iridium Communications Inc (IRDM) overvalued? · P/E 30, rev $830.7M
Iridium Communications Inc (IRDM) is a telecom services company listed on US.
This page asks whether Iridium Communications Inc (IRDM) looks expensive on cached numbers — not a short thesis.
Latest reported IRDM revenue for 2024-12-31 was $830.7M. Net income was $112.8M. Revenue was up 5.1% from 2023-12-31 to 2024-12-31. IRDM currently screens at market cap $3.44B and trailing P/E 30.3.
IRDM currently screens at market cap $3.44B and trailing P/E 30.3. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next IRDM 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the IRDM stock page for the full model, not this heading.
Not investment advice.