Latest news with #Iridium
Yahoo
30-07-2025
- Business
- Yahoo
What To Expect From Lumen's (LUMN) Q2 Earnings
Telecommunications infrastructure company Lumen Technologies (NYSE:LUMN) will be reporting results this Thursday after market hours. Here's what to expect. Lumen beat analysts' revenue expectations by 1.9% last quarter, reporting revenues of $3.18 billion, down 3.3% year on year. It was an exceptional quarter for the company, with a solid beat of analysts' EPS estimates. Is Lumen a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Lumen's revenue to decline 4.7% year on year to $3.11 billion, improving from the 10.7% decrease it recorded in the same quarter last year. Adjusted loss is expected to come in at -$0.26 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Lumen has missed Wall Street's revenue estimates twice over the last two years. Looking at Lumen's peers in the telecommunication services segment, only Iridium has reported results so far. It beat analysts' revenue estimates by 1.6%, delivering year-on-year sales growth of 7.9%. The stock was down 20.8% on the results. Read our full analysis of Iridium's earnings results here. Investors in the telecommunication services segment have had steady hands going into earnings, with share prices up 1.5% on average over the last month. Lumen is up 4.1% during the same time and is heading into earnings with an average analyst price target of $4.80 (compared to the current share price of $4.56). Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Sign in to access your portfolio
Yahoo
21-07-2025
- Business
- Yahoo
Iridium (IRDM) Stock Trades Up, Here Is Why
What Happened? Shares of satellite communications provider jumped 3.2% in the morning session after the stock gained ground amid broader positive market sentiment as investors looked ahead to a busy week of corporate earnings. Shares appeared to be lifted by a wider market rally, with investors showing increased appetite for equities ahead of a heavy slate of earnings reports from major U.S. companies. Notably, the earnings season got off to a strong start: More than 85% of the S&P 500 stocks that reported earnings exceeded expectations, according to FactSet data. This robust performance fueled positive sentiment, suggesting that corporate profitability remained resilient despite ongoing economic uncertainties. After the initial pop the shares cooled down to $31.99, down 0.3% from previous close. Is now the time to buy Iridium? Access our full analysis report here, it's free. What Is The Market Telling Us Iridium's shares are quite volatile and have had 17 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The biggest move we wrote about over the last year was 3 months ago when the stock dropped 12.9% on the news that the company reported mixed first quarter 2025 results. Revenue beat expectations by a narrow margin, though earnings beat by a more convincing amount. In addition, the number of subscribers in the broadband and voice segments fell short of expectations, raising concerns about demand. Zooming out, we think this was a mixed quarter. Iridium is up 8.2% since the beginning of the year, and at $31.99 per share, it is trading close to its 52-week high of $33.57 from October 2024. Investors who bought $1,000 worth of Iridium's shares 5 years ago would now be looking at an investment worth $1,187. Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21-07-2025
- Business
- Yahoo
1 Cash-Producing Stock on Our Buy List and 2 We Question
Generating cash is essential for any business, but not all cash-rich companies are great investments. Some produce plenty of cash but fail to allocate it effectively, leading to missed opportunities. Not all companies are created equal, and StockStory is here to surface the ones with real upside. Keeping that in mind, here is one cash-producing company that leverages its financial strength to beat its competitors and two best left off your watchlist. Two Stocks to Sell: Iridium (IRDM) Trailing 12-Month Free Cash Flow Margin: 33.9% With a constellation of 66 low-earth orbit satellites providing coverage to every inch of the planet, Iridium Communications (NASDAQ:IRDM) operates a global satellite network that provides voice and data services to customers in remote areas where traditional telecommunications are unavailable. Why Are We Cautious About IRDM? Subscale operations are evident in its revenue base of $841.7 million, meaning it has fewer distribution channels than its larger rivals 3.2 percentage point decline in its free cash flow margin over the last five years reflects the company's increased investments to defend its market position Underwhelming 4.4% return on capital reflects management's difficulties in finding profitable growth opportunities Iridium's stock price of $33 implies a valuation ratio of 21.8x forward P/E. Read our free research report to see why you should think twice about including IRDM in your portfolio, it's free. Insight Enterprises (NSIT) Trailing 12-Month Free Cash Flow Margin: 4.9% With over 35 years of IT expertise and partnerships with more than 8,000 technology providers, Insight Enterprises (NASDAQ:NSIT) provides end-to-end digital transformation solutions that help businesses modernize their IT infrastructure and maximize the value of technology. Why Do We Steer Clear of NSIT? Products and services are facing significant end-market challenges during this cycle as sales have declined by 8.7% annually over the last two years Earnings growth underperformed the sector average over the last two years as its EPS grew by just 1.6% annually Lacking free cash flow generation means it has few chances to reinvest for growth, repurchase shares, or distribute capital At $139.39 per share, Insight Enterprises trades at 13.9x forward P/E. To fully understand why you should be careful with NSIT, check out our full research report (it's free). One Stock to Buy: Blue Bird (BLBD) Trailing 12-Month Free Cash Flow Margin: 6.4% With around a century of experience, Blue Bird (NASDAQ:BLBD) is a manufacturer of school buses and complementary parts. Why Is BLBD a Top Pick? Market share has increased this cycle as its 16.5% annual revenue growth over the last two years was exceptional Incremental sales over the last two years have been highly profitable as its earnings per share increased by 156% annually, topping its revenue gains Returns on capital are growing as management capitalizes on its market opportunities Blue Bird is trading at $42.33 per share, or 10x forward P/E. Is now a good time to buy? Find out in our full research report, it's free. High-Quality Stocks for All Market Conditions Donald Trump's April 2024 "Liberation Day" tariffs sent markets into a tailspin, but stocks have since rebounded strongly, proving that knee-jerk reactions often create the best buying opportunities. The smart money is already positioning for the next leg up. Don't miss out on the recovery - check out our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today for free. Find your next big winner with StockStory today. Find your next big winner with StockStory today StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
17-07-2025
- Business
- Yahoo
Cathie Wood Goes Shopping: 3 Stocks She Just Bought
Key Points Nvidia shares have nearly doubled off their springtime lows, but Ark Invest is still adding to the country's most valuable publicly traded company. Iridium is cranking out uninspiring revenue gains, but the bottom line is a better story. Teradyne has seen back-to-back weeks of analyst downgrades, but Cathie Wood sees an opportunity. 10 stocks we like better than Nvidia › It's been a great year for the co-founder and CEO of Ark Invest to get her groove back. Cathie Wood's largest exchange-traded fund is now up 31% this year, well ahead of the three major market indexes that are sporting single-digit-percentage gains in 2025. Wood publishes Ark's daily transactions at the end of every trading day. What's she buying now? Nvidia (NASDAQ: NVDA), Iridium Communications (NASDAQ: IRDM), and Teradyne (NASDAQ: TER) are three of the more interesting stocks that Ark bought on Wednesday. Wood was adding to existing positions in all three names. Let's take a closer look. 1. Nvidia You can't stop the artificial intelligence (AI) revolution, something that has catapulted Nvidia to the market cap crown among U.S. exchange-listed stocks. The developer of graphics processing units and AI chips became the first company to top $4 trillion in market capitalization this summer, notching another all-time high this week. Nvidia investors weren't as giddy earlier this year. The shares would shed more than a third of their value in 2025 by the time Nvidia bottomed out. A one-two punch -- initially triggered by news of a Chinese AI start-up announcing that it could deliver respectable generative AI without using Nvidia's latest chips and then culminating in export restrictions into China for its high-end H20 chips -- fueled the sell-off, but the comeback story was as fast as some of the company's chips. Nvidia has braced investors to expect billions in quarterly charges stemming from its inability to move H20 chips into the country with the world's second-largest economy. However, there is some light at the end of that trade war tunnel. U.S. Commerce Secretary Howard Lutnick told Reuters this week that resuming H20 sales is a bargaining chip in negotiations with China in order to get more essential rare-earth elements going the other way. It also seems that the initial cheap AI threat of China's DeepSeek was overblown. Nvidia saw its revenue surge a better-than-expected 73% its latest quarter. Analysts see Nvidia revenue and earnings per share soaring 52% and 47% respectively, when it reports financial results next month. The shares have gone on to nearly double since its April lows. It's just another win for the country's most valuable publicly traded company, a scintillating 10-bagger over the past three years. 2. Iridium Communications Iridium hasn't had the same dramatic recovery as Nvidia, but it is clawing its way back to its recent highs. The data and voice satellite communications specialist also isn't growing as quickly as the company wearing the market cap crown, but its business is improving. Iridium was serving more than 2.4 million total billable subscribers by the end of March, a 5% increase over the past year. It will provide its second-quarter results next week. Growth is being fueled by gains in commercial Internet of Things. Top-line growth hasn't been very impressive. Iridium has clocked in with just one year of double-digit revenue growth over the past six years. However, its bottom line is making a more dramatic recovery. Analysts see Iridium's business growing at a modest 6% clip this year, slowing to 4% in 2026. However, they are also targeting a better-than-30% jump on the bottom line in each of those years. Margin improvement could drive its current yield of nearly 2% higher. 3. Teradyne Business is starting to accelerate for Teradyne. The maker of chip-testing equipment saw its revenue rise 5% last year after back-to-back years of double-digit declines. It's starting to pick up the pace. Teradyne's top line has come through with double-digit gains in back-to-back quarters. Wood might be early on Teradyne. Samik Chatterjee at J.P. Morgan downgraded the shares from overweight to neutral just hours after Ark added to its Teradyne stake. The analyst is concerned about customers holding back on investing in semiconductor equipment in this macro environment, but that would be a near-term setback that could lead to pent-up demand in the long run. Chatterjee is still raising the firm's price target to $102, a move that still has 11% of near-term upside to the current price. Unfortunately this is the second downgrade Teradyne has seen this month. Wood loves her winners, but she also doesn't mind opportunistic nibbles on some of her laggards. Do the experts think Nvidia is a buy right now? The Motley Fool's expert analyst team, drawing on years of investing experience and deep analysis of thousands of stocks, leverages our proprietary Moneyball AI investing database to uncover top opportunities. They've just revealed their to buy now — did Nvidia make the list? When our Stock Advisor analyst team has a stock recommendation, it can pay to listen. After all, Stock Advisor's total average return is up 1,059% vs. just 180% for the S&P — that is beating the market by 879.31%!* Imagine if you were a Stock Advisor member when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $674,281!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,050,415!* The 10 stocks that made the cut could produce monster returns in the coming years. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 15, 2025 JPMorgan Chase is an advertising partner of Motley Fool Money. Rick Munarriz has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends JPMorgan Chase and Nvidia. The Motley Fool recommends Teradyne. The Motley Fool has a disclosure policy. Cathie Wood Goes Shopping: 3 Stocks She Just Bought was originally published by The Motley Fool
Business Insider
17-07-2025
- Business
- Business Insider
Cathie Wood's ARK Investment buys 12.2K shares of Iridium today
20:45 EDT Cathie Wood's ARK Investment buys 12.2K shares of Iridium (IRDM) today Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
