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Stock impact report

Iridium Communications (IRDM): Reassessing Valuation After S&P 600 Index Inclusion Drives Share Price Surge [Yahoo! Finance]

Iridium Communications Inc (IRDM) 
Last iridium communications inc earnings: 4/28 07:01 am Check Earnings Report
US:NASDAQ Investor Relations: investor.iridium.com
Company Research Source: Yahoo! Finance
See our latest analysis for Iridium Communications. The index-driven pop comes after a tough stretch, with the share price still carrying a deeply negative year to date share price return and multi year total shareholder returns also well underwater. This rebound therefore looks more like a momentum reset than a full trend reversal. If this kind of sentiment shift has you looking beyond Iridium, it could be a good moment to scan fast growing stocks with high insider ownership for other fast moving ideas backed by committed insiders. With years of negative returns but modest revenue and profit growth, along with a hefty gap to analyst and intrinsic value estimates, the key question now is simple: is Iridium a contrarian buy or is future growth already priced in? With Iridium Communications last closing at $18.09 versus a narrative fair value of $29.75, the valuation gap implies material upside if the thesis plays out. Rapidly expanding adoption of satellite-based IoT, autono Show less Read more
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