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Iridium Communications Inc has a consensus price target of $49 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 Barclays, BWS Financial, and BWS Financial on March 10, 2025, October 21, 2024, and July 24, 2024, respectively. With an average price target of $32.67 between Barclays, BWS Financial, and BWS Financial, there's an implied 16.13% upside for Iridium Communications Inc from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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03/10/2025 | Buy Now | 35.09% | Barclays | Mathieu Robilliard55% | $45 → $38 | Maintains | Overweight | Get Alert |
10/21/2024 | Buy Now | 6.65% | BWS Financial | Hamed Khorsand66% | $30 → $30 | Maintains | Neutral | Get Alert |
07/24/2024 | Buy Now | 6.65% | BWS Financial | Hamed Khorsand66% | $30 → $30 | Reiterates | Neutral → Neutral | Get Alert |
07/24/2024 | Buy Now | 59.97% | Barclays | Mathieu Robilliard55% | $44 → $45 | Maintains | Overweight | Get Alert |
04/26/2024 | Buy Now | 56.42% | Barclays | Mathieu Robilliard55% | $42 → $44 | Maintains | Overweight | Get Alert |
04/22/2024 | Buy Now | 6.65% | BWS Financial | Hamed Khorsand66% | $30 → $30 | Maintains | Neutral | Get Alert |
02/23/2024 | Buy Now | 49.31% | Barclays | Mathieu Robilliard55% | $45 → $42 | Maintains | Overweight | Get Alert |
02/16/2024 | Buy Now | 6.65% | BWS Financial | Hamed Khorsand66% | → $30 | Downgrade | Buy → Hold | Get Alert |
02/16/2024 | Buy Now | 70.64% | Raymond James | Ric Prentiss55% | $53 → $48 | Maintains | Strong Buy | Get Alert |
02/15/2024 | Buy Now | — | LightShed Partners | Walter Piecyk73% | — | Downgrade | Buy → Neutral | Get Alert |
11/10/2023 | Buy Now | 88.41% | Raymond James | Ric Prentiss55% | $58 → $53 | Maintains | Strong Buy | Get Alert |
10/20/2023 | Buy Now | 106.19% | Raymond James | Ric Prentiss55% | $67 → $58 | Maintains | Strong Buy | Get Alert |
09/18/2023 | Buy Now | 102.63% | Deutsche Bank | Edison Yu27% | → $57 | Upgrade | Hold → Buy | Get Alert |
08/23/2023 | Buy Now | 138.18% | Raymond James | Ric Prentiss55% | $68 → $67 | Maintains | Strong Buy | Get Alert |
07/27/2023 | Buy Now | 131.07% | Barclays | Mathieu Robilliard55% | $66 → $65 | Upgrade | Equal-Weight → Overweight | Get Alert |
07/26/2023 | Buy Now | 141.73% | Raymond James | Ric Prentiss55% | $76 → $68 | Maintains | Strong Buy | Get Alert |
07/21/2023 | Buy Now | 134.62% | Barclays | Mathieu Robilliard55% | $45 → $66 | Maintains | Equal-Weight | Get Alert |
06/22/2023 | Buy Now | 116.85% | Deutsche Bank | Edison Yu27% | → $61 | Initiates | → Hold | Get Alert |
04/21/2023 | Buy Now | 170.17% | Raymond James | Ric Prentiss55% | $71 → $76 | Maintains | Strong Buy | Get Alert |
04/21/2023 | Buy Now | 155.95% | Morgan Stanley | Landon Park43% | $66 → $72 | Maintains | Overweight | Get Alert |
02/17/2023 | Buy Now | 152.4% | Raymond James | Ric Prentiss55% | $60 → $71 | Maintains | Strong Buy | Get Alert |
01/09/2023 | Buy Now | 166.62% | BWS Financial | Hamed Khorsand66% | $60 → $75 | Maintains | Buy | Get Alert |
10/21/2022 | Buy Now | 134.62% | Morgan Stanley | Landon Park43% | $64 → $66 | Maintains | Overweight | Get Alert |
10/21/2022 | Buy Now | 113.3% | Raymond James | Ric Prentiss55% | $51 → $60 | Maintains | Strong Buy | Get Alert |
10/19/2022 | Buy Now | 59.97% | Barclays | Mathieu Robilliard55% | $48 → $45 | Downgrade | Overweight → Equal-Weight | Get Alert |
10/17/2022 | Buy Now | 127.52% | Morgan Stanley | Landon Park43% | $50 → $64 | Maintains | Overweight | Get Alert |
07/27/2022 | Buy Now | 77.75% | Morgan Stanley | Landon Park43% | $49 → $50 | Maintains | Overweight | Get Alert |
The latest price target for Iridium Comms (NASDAQ:IRDM) was reported by Barclays on March 10, 2025. The analyst firm set a price target for $38.00 expecting IRDM to rise to within 12 months (a possible 35.09% upside). 6 analyst firms have reported ratings in the last year.
The latest analyst rating for Iridium Comms (NASDAQ:IRDM) was provided by Barclays, and Iridium Comms maintained their overweight rating.
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.
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.
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 March 10, 2025 so you should expect the next rating to be made available sometime around March 10, 2026.
While ratings are subjective and will change, the latest Iridium Comms (IRDM) rating was a maintained with a price target of $45.00 to $38.00. The current price Iridium Comms (IRDM) is trading at is $28.13, which is out of the analyst’s predicted range.
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