$26.10
0.291.12%
Pre-Market: Jul 19, 5:58 PM EDT
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Iridium Comms
IRDMNASDAQ
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Iridium Comms (NASDAQ:IRDM) Stock, Analyst Ratings, Price Targets, Forecasts
Iridium Communications Inc has a consensus price target of $50.2 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 April 22, 2024. The 3 most-recent analyst ratings were released by Barclays, BWS Financial, and Barclays on April 26, 2024, April 22, 2024, and February 23, 2024, respectively. With an average price target of $38.67 between Barclays, BWS Financial, and Barclays, there's an implied 48.15% upside for Iridium Communications Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Barclays
BWS Financial
Raymond James
Deutsche Bank
Morgan Stanley
1calculated from analyst ratings
Analyst Ratings for Iridium Comms
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 04/26/2024 | Buy Now | 68.58% | Barclays | Mathieu Robilliard | $42 → $44 | Maintains | Overweight | Get Alert |
| 04/22/2024 | Buy Now | 14.94% | BWS Financial | Hamed Khorsand | $30 → $30 | Maintains | Neutral | Get Alert |
| 02/23/2024 | Buy Now | 60.92% | Barclays | Mathieu Robilliard | $45 → $42 | Maintains | Overweight | Get Alert |
| 02/16/2024 | Buy Now | 14.94% | BWS Financial | Hamed Khorsand | → $30 | Downgrade | Buy → Hold | Get Alert |
| 02/16/2024 | Buy Now | 83.91% | Raymond James | Ric Prentiss | $53 → $48 | Maintains | Strong Buy | Get Alert |
| 02/15/2024 | Buy Now | — | LightShed Partners | Walter Piecyk | — | Downgrade | Buy → Neutral | Get Alert |
| 11/10/2023 | Buy Now | 103.07% | Raymond James | Ric Prentiss | $58 → $53 | Maintains | Strong Buy | Get Alert |
| 10/20/2023 | Buy Now | 122.22% | Raymond James | Ric Prentiss | $67 → $58 | Maintains | Strong Buy | Get Alert |
| 09/18/2023 | Buy Now | 118.39% | Deutsche Bank | Edison Yu | → $57 | Upgrade | Hold → Buy | Get Alert |
| 08/23/2023 | Buy Now | 156.7% | Raymond James | Ric Prentiss | $68 → $67 | Maintains | Strong Buy | Get Alert |
| 07/27/2023 | Buy Now | 149.04% | Barclays | Mathieu Robilliard | $66 → $65 | Upgrade | Equal-Weight → Overweight | Get Alert |
| 07/26/2023 | Buy Now | 160.54% | Raymond James | Ric Prentiss | $76 → $68 | Maintains | Strong Buy | Get Alert |
| 07/21/2023 | Buy Now | 152.87% | Barclays | Mathieu Robilliard | $45 → $66 | Maintains | Equal-Weight | Get Alert |
| 06/22/2023 | Buy Now | 133.72% | Deutsche Bank | Edison Yu | → $61 | Initiates | → Hold | Get Alert |
| 04/21/2023 | Buy Now | 191.19% | Raymond James | Ric Prentiss | $71 → $76 | Maintains | Strong Buy | Get Alert |
| 04/21/2023 | Buy Now | 175.86% | Morgan Stanley | Landon Park | $66 → $72 | Maintains | Overweight | Get Alert |
| 02/17/2023 | Buy Now | 172.03% | Raymond James | Ric Prentiss | $60 → $71 | Maintains | Strong Buy | Get Alert |
| 01/09/2023 | Buy Now | 187.36% | BWS Financial | Hamed Khorsand | $60 → $75 | Maintains | Buy | Get Alert |
| 10/21/2022 | Buy Now | 152.87% | Morgan Stanley | Landon Park | $64 → $66 | Maintains | Overweight | Get Alert |
| 10/21/2022 | Buy Now | 129.89% | Raymond James | Ric Prentiss | $51 → $60 | Maintains | Strong Buy | Get Alert |
| 10/19/2022 | Buy Now | 72.41% | Barclays | Mathieu Robilliard | $48 → $45 | Downgrade | Overweight → Equal-Weight | Get Alert |
| 10/17/2022 | Buy Now | 145.21% | Morgan Stanley | Landon Park | $50 → $64 | Maintains | Overweight | Get Alert |
| 07/27/2022 | Buy Now | 91.57% | Morgan Stanley | Landon Park | $49 → $50 | Maintains | Overweight | Get Alert |
| 02/18/2022 | Buy Now | 95.4% | Raymond James | Ric Prentiss | $47 → $51 | Upgrade | Outperform → Strong Buy | Get Alert |
| 02/11/2022 | Buy Now | 83.91% | Morgan Stanley | Landon Park | $50 → $48 | Maintains | Overweight | Get Alert |
| 10/20/2021 | Buy Now | 129.89% | BWS Financial | Hamed Khorsand | — | Upgrade | Neutral → Buy | Get Alert |
| 10/20/2021 | Buy Now | 80.08% | Raymond James | Ric Prentiss | — | Maintains | Outperform | Get Alert |
| 08/03/2021 | Buy Now | 91.57% | Morgan Stanley | Landon Park | — | Initiates | → Overweight | Get Alert |
| 07/26/2021 | Buy Now | 53.26% | Barclays | Mathieu Robilliard | — | Upgrade | Underweight → Equal-Weight | Get Alert |
FAQ
What is the target price for Iridium Comms (IRDM) stock?
The latest price target for Iridium Comms (NASDAQ:IRDM) was reported by Barclays on April 26, 2024. The analyst firm set a price target for $44.00 expecting IRDM to rise to within 12 months (a possible 68.58% upside). 12 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Iridium Comms (IRDM)?
The latest analyst rating for Iridium Comms (NASDAQ:IRDM) was provided by Barclays, and Iridium Comms maintained their overweight rating.
When was the last upgrade for Iridium Comms (IRDM)?
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.
When was the last downgrade for Iridium Comms (IRDM)?
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.
When is the next analyst rating going to be posted or updated for Iridium Comms (IRDM)?
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 April 26, 2024 so you should expect the next rating to be made available sometime around April 26, 2025.
Is the Analyst Rating Iridium Comms (IRDM) correct?
While ratings are subjective and will change, the latest Iridium Comms (IRDM) rating was a maintained with a price target of $42.00 to $44.00. The current price Iridium Comms (IRDM) is trading at is $26.10, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.