Iridium Communications - IRDM Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $61.00
  • Forecasted Upside: 2.47%
  • Number of Analysts: 4
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 2 Buy Ratings
  • 1 Strong Buy Ratings
$59.53
▼ -0.12 (-0.20%)

This chart shows the closing price for IRDM by one month, three months, or twelve months.

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Analyst Price Target for IRDM

Analyst Price Target is $61.00
▲ +2.47% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Iridium Communications in the last 3 months. The average price target is $61.00, with a high forecast of $75.00 and a low forecast of $45.00. The average price target represents a 2.47% upside from the last price of $59.53.

This chart shows the closing price for IRDM for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 4 polled investment analysts is to buy stock in Iridium Communications. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 1 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
8/15/2021
  • 1 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
11/13/2021
  • 1 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
2/11/2022
  • 1 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
5/12/2022
  • 1 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
8/10/2022
  • 1 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
11/8/2022
  • 1 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
1/7/2023
  • 1 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
2/6/2023

Latest Recommendations

  • 1 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
1/9/2023BWS FinancialBoost TargetBuy$60.00 ➝ $75.00Low
10/21/2022Raymond JamesBoost TargetStrong-Buy$51.00 ➝ $60.00Low
10/19/2022BarclaysDowngradeOverweight ➝ Equal Weight$48.00 ➝ $45.00Low
10/17/2022Morgan StanleyBoost TargetOverweight$50.00 ➝ $64.00Low
2/21/2022BarclaysUpgradeEqual Weight ➝ Overweight$47.00Low
2/18/2022Raymond JamesUpgradeOutperform ➝ Strong-Buy$47.00 ➝ $51.00High
2/11/2022Morgan StanleyLower TargetOverweight$50.00 ➝ $48.00Low
1/27/2022SidotiUpgradeNeutral ➝ Buy$44.00High
10/20/2021Raymond JamesBoost TargetOutperform$46.00 ➝ $47.00Medium
10/20/2021BWS FinancialUpgradeNeutral ➝ Buy$37.00 ➝ $60.00Low
8/3/2021Morgan StanleyInitiated CoverageOverweight$50.00Low
7/26/2021BarclaysUpgradeUnderweight ➝ Equal Weight$35.50 ➝ $40.00Low
3/3/2021Raymond JamesUpgradeMarket Perform ➝ Outperform$44.00High
2/12/2021BarclaysDowngradeOverweight ➝ Underweight$32.00 ➝ $38.00Low
2/8/2021Raymond JamesDowngradeOutperform ➝ Market PerformLow
1/20/2021BWS FinancialDowngradeBuy ➝ NeutralHigh
12/11/2020SidotiDowngradeBuy ➝ NeutralLow
10/21/2020BWS FinancialBoost TargetBuy$33.00 ➝ $37.00High
10/21/2020Raymond JamesBoost TargetOutperform$31.00 ➝ $32.00Low
7/29/2020Raymond JamesBoost TargetOutperform$28.00 ➝ $31.00High
4/29/2020BarclaysLower TargetOverweight$30.00 ➝ $29.00High
4/29/2020Raymond JamesLower TargetOutperform$32.00 ➝ $28.00High
3/17/2020SidotiUpgradeBuyHigh
2/26/2020Raymond JamesBoost TargetOutperform$28.00 ➝ $32.00High
2/18/2020SidotiDowngradeBuy ➝ Neutral$32.00Low
12/19/2019William BlairReiterated RatingBuyHigh
10/31/2019BarclaysReiterated RatingBuy$32.00Low
10/9/2019BarclaysSet TargetBuy$30.50Low
10/9/2019SidotiUpgradeNeutral ➝ Buy$26.00High
9/17/2019BWS FinancialSet TargetBuy$33.00Low
4/24/2019Raymond JamesDowngradeStrong-Buy ➝ Outperform$25.00 ➝ $30.00High
3/20/2019Northland SecuritiesReiterated RatingSell$14.00Medium
3/1/2019Raymond JamesSet TargetBuy$25.00Low
3/1/2019Northland SecuritiesReiterated RatingSellLow
1/14/2019Raymond JamesReiterated RatingBuyHigh
10/30/2018BarclaysInitiated CoverageOverweight$26.00High
10/11/2018Raymond JamesUpgradeStrong-BuyMedium
10/10/2018Raymond JamesBoost TargetStrong-Buy ➝ Buy$20.00 ➝ $23.00High
9/10/2018Northland SecuritiesDowngradeMarket Perform ➝ Under PerformHigh
8/27/2018SidotiReiterated RatingBuy ➝ NeutralHigh
8/1/2018Northland SecuritiesReiterated RatingHold$14.75Medium
5/9/2018BWS FinancialInitiated CoverageBuy ➝ Buy$22.00Medium
(Data available from 2/7/2018 forward)

News Sentiment Rating

0.99 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 2 very positive mentions
  • 1 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
7/12/2022
  • 1 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8/11/2022
  • 4 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
9/10/2022
  • 4 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
10/10/2022
  • 12 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
11/9/2022
  • 1 very positive mentions
  • 5 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
12/9/2022
  • 3 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
1/8/2023
  • 12 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
2/7/2023

Current Sentiment

  • 12 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Iridium Communications logo
Iridium Communications, Inc. engages in the provision of global satellite communications services and products. Its products include personal communicators, messengers, and trackers, satellite phones, push-to-talk-devices, broadband, midband, and external terminals, docking stations, apps, and accessories. It offers its services to businesses, the U.S. and foreign governments, non-governmental organizations, and consumers via satellite network. The company was founded in 2000 and is headquartered in McLean, VA.
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Today's Range

Now: $59.53
Low: $59.03
High: $60.12

50 Day Range

MA: $55.05
Low: $49.33
High: $61.64

52 Week Range

Now: $59.53
Low: $32.04
High: $62.48

Volume

434,361 shs

Average Volume

555,524 shs

Market Capitalization

$7.48 billion

P/E Ratio

1,488.62

Dividend Yield

N/A

Beta

1.14

Frequently Asked Questions

What sell-side analysts currently cover shares of Iridium Communications?

The following Wall Street research analysts have issued reports on Iridium Communications in the last twelve months: Barclays PLC, BWS Financial, Morgan Stanley, Raymond James, and StockNews.com.
View the latest analyst ratings for IRDM.

What is the current price target for Iridium Communications?

4 Wall Street analysts have set twelve-month price targets for Iridium Communications in the last year. Their average twelve-month price target is $61.00, suggesting a possible upside of 2.5%. BWS Financial has the highest price target set, predicting IRDM will reach $75.00 in the next twelve months. Barclays PLC has the lowest price target set, forecasting a price of $45.00 for Iridium Communications in the next year.
View the latest price targets for IRDM.

What is the current consensus analyst rating for Iridium Communications?

Iridium Communications currently has 1 hold rating, 2 buy ratings and 1 strong buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe IRDM will outperform the market and that investors should add to their positions of Iridium Communications.
View the latest ratings for IRDM.

What other companies compete with Iridium Communications?

Other companies that are similar to Iridium Communications include Lumentum, Clarivate, WESCO International, Ciena and Samsara. Learn More about companies similar to Iridium Communications.

How do I contact Iridium Communications' investor relations team?

Iridium Communications' physical mailing address is 1750 TYSONS BOULEVARD SUITE 1400, MCLEAN VA, 22102. The technology company's listed phone number is (703) 287-7400 and its investor relations email address is [email protected] The official website for Iridium Communications is www.iridium.com. Learn More about contacing Iridium Communications investor relations.