Consensus Rating1
Overweight
Highest Price Target1
$72.00
Lowest Price Target1
$30.00
Consensus Price Target1
$50.40

Iridium Comms (NASDAQ:IRDM) Stock, Analyst Ratings, Price Targets, Forecasts

Iridium Communications Inc has a consensus price target of $50.4 based on the ratings of 6 analysts. The high is $72 issued by Morgan Stanley on April 21, 2023. The low is $30 issued by BWS Financial on October 21, 2024. The 3 most-recent analyst ratings were released by BWS Financial, BWS Financial, and Barclays on October 21, 2024, July 24, 2024, and July 24, 2024, respectively. With an average price target of $35 between BWS Financial, BWS Financial, and Barclays, there's an implied 28.35% upside for Iridium Communications Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
1
Jul
1
Oct
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.2
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

BWS Financial
Barclays
Raymond James
Deutsche Bank
Morgan Stanley

1calculated from analyst ratings

Analyst Ratings for Iridium Comms

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Iridium Comms (IRDM) stock?

A

The latest price target for Iridium Comms (NASDAQ:IRDM) was reported by BWS Financial on October 21, 2024. The analyst firm set a price target for $30.00 expecting IRDM to rise to within 12 months (a possible 10.01% upside). 9 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Iridium Comms (IRDM)?

A

The latest analyst rating for Iridium Comms (NASDAQ:IRDM) was provided by BWS Financial, and Iridium Comms maintained their neutral rating.

Q

When was the last upgrade for Iridium Comms (IRDM)?

A

The last upgrade for Iridium Communications Inc happened on September 18, 2023 when Deutsche Bank raised their price target to $57. Deutsche Bank previously had a hold for Iridium Communications Inc.

Q

When was the last downgrade for Iridium Comms (IRDM)?

A

The last downgrade for Iridium Communications Inc happened on February 16, 2024 when BWS Financial changed their price target from N/A to $30 for Iridium Communications Inc.

Q

When is the next analyst rating going to be posted or updated for Iridium Comms (IRDM)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Iridium Comms, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Iridium Comms was filed on October 21, 2024 so you should expect the next rating to be made available sometime around October 21, 2025.

Q

Is the Analyst Rating Iridium Comms (IRDM) correct?

A

While ratings are subjective and will change, the latest Iridium Comms (IRDM) rating was a maintained with a price target of $30.00 to $30.00. The current price Iridium Comms (IRDM) is trading at is $27.27, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

People Also Watch