Bullish Case: IRDM positioned for growth via IoT expansion and solid government engineering contracts; consistent revenue increases hint at a strong foundation.


Bearish Case: Heavy government contract reliance and current downward price trend reflect potential vulnerabilities to budget cuts or policy shifts.


Potential Outcomes:

1) IoT sector growth, moderate uplift, 30%;

2) Loss of contracts, sharp decline, 25%;

3) Government budget increases, mild uplift, 20%;

4) Status quo, stable, 25%.


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April 09, 2024


Iridium Communications Forecast

IRDM        Iridium Communications
Price Forecast: BEARISH    Price Action: RANDOM (?)











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IRDM News over Time





Click points to explore news by date. News sentiment ranges from -10 (very negative) to +10 (very positive) where 0 is neutral.






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