Iridium Communications Inc (IRDM)
Iridium Communications Inc. is a leading provider of mobile voice and data communications services, catering to a diverse clientele that includes businesses, government entities, non-governmental organizations, and individual consumers globally. Headquartered in McLean, Virginia, the company operates a distinct satellite network that ensures connectivity even in the most remote areas. With its innovative technology and commitment to high-quality service, Iridium plays a crucial role in supporting mission-critical communications for a wide range of industries, enhancing operational efficiency and reliability across various sectors.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is decreasing.
- The decline rate of the primary trend is 30.11% per annum.
- IRDM price at the close of February 13, 2026 was $23.17 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 181.72% per annum.
- IRDM price at the close of February 13, 2026 was higher than the top border of the secondary price channel by $0.27 (1.18%).
- The direction of the secondary trend is opposite to the direction of the primary trend. This indicates a possible reversal in the direction of the primary trend.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of IRDM price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: November 4, 2022
End date: February 11, 2026
a = 4.6675
b = -0.0010
s = 0.1559
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0010) – 1
= -30.11%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1559) – 1
= 86.54%
November 4, 2022 calculations
Top border of price channel:
Exp(Y434)
= Exp(a + b × X434 + 2 × s)
= Exp(a + b × 625 + 2 × s)
= Exp(4.6675 + -0.0010 × 625 + 2 × 0.1559)
= Exp(4.3659)
= $78.72
Bottom border of price channel:
Exp(Y434)
= Exp(a + b × X434 – 2 × s)
= Exp(a + b × 625 – 2 × s)
= Exp(4.6675 + -0.0010 × 625 – 2 × 0.1559)
= Exp(3.7424)
= $42.20
February 11, 2026 calculations
Top border of price channel:
Exp(Y1,252)
= Exp(a + b × X1,252 + 2 × s)
= Exp(a + b × 1,820 + 2 × s)
= Exp(4.6675 + -0.0010 × 1,820 + 2 × 0.1559)
= Exp(3.1931)
= $24.36
Bottom border of price channel:
Exp(Y1,252)
= Exp(a + b × X1,252 – 2 × s)
= Exp(a + b × 1,820 – 2 × s)
= Exp(4.6675 + -0.0010 × 1,820 – 2 × 0.1559)
= Exp(2.5696)
= $13.06
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 30.11% per annum.
- IRDM price at the close of February 13, 2026 was $23.17 and was inside the primary price channel.
Secondary Trend
Start date: November 6, 2025
End date: February 13, 2026
a = -2.1323
b = 0.0028
s = 0.0466
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0028) – 1
= 181.72%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0466) – 1
= 20.49%
November 6, 2025 calculations
Top border of price channel:
Exp(Y1,187)
= Exp(a + b × X1,187 + 2 × s)
= Exp(a + b × 1,723 + 2 × s)
= Exp(-2.1323 + 0.0028 × 1,723 + 2 × 0.0466)
= Exp(2.8502)
= $17.29
Bottom border of price channel:
Exp(Y1,187)
= Exp(a + b × X1,187 – 2 × s)
= Exp(a + b × 1,723 – 2 × s)
= Exp(-2.1323 + 0.0028 × 1,723 – 2 × 0.0466)
= Exp(2.6638)
= $14.35
February 13, 2026 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,822 + 2 × s)
= Exp(-2.1323 + 0.0028 × 1,822 + 2 × 0.0466)
= Exp(3.1311)
= $22.90
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,822 – 2 × s)
= Exp(-2.1323 + 0.0028 × 1,822 – 2 × 0.0466)
= Exp(2.9447)
= $19.00
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 181.72% per annum.
- IRDM price at the close of February 13, 2026 was higher than the top border of the secondary price channel by $0.27 (1.18%).