Iridium Communications (IRDM) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Adjusted EPS
- $1.09
- Estimate
- $0.41
- Surprise
- +166.7%
- Revenue (period 2026-09-30)
- $245.7M
- Score at report (before → after)
- 4.6 → 4.8/10
Revenue source: xbrl.
How the report landed
Iridium Communications (IRDM) beat the $0.41 estimate with adjusted EPS of $1.09 — a large 166.7% upside surprise. TrendMatrix's engine moved from Buy (Wait) (4.6/10) to Sell at 4.8/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates IRDM Sell at 4.8/10.
1 of the last 4 quarters beat the estimate; this quarter's +166.7% surprise compares with a +26.0% four-quarter average.
What argues against it
- Analyst target reached - limited upside remaining
- Sector modifier (Communication Services): -0.8
- Leverage penalty (D/E 3.8): -1.5
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $43.94
- Stop
- $42.25
The stock trades at 49.9× trailing but 22.3× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: RSI 26 — a level conventionally read as oversold.
Model outputs from TrendMatrix’s engine as of 2026-10-21 — shown for context, not personalized investment advice.
IRDM at TrendMatrix's latest read
Communication and media names are subscriber-economics stories; engagement and ARPU trends behind the print drive the reaction.
- Industry
- Telecom Services
- Market cap
- $4.66B
- P/E (fwd)
- 22.3
- P/E (ttm)
- 49.9
- 52-week range
- $15.65–$57.18
- Off 52-week high
- 23.2%
- RSI (14)
- 26
- Volume vs avg
- 0.90×
- Score today
- 4.8/10