NASDAQ:ORBC - ORBCOMM Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $10.90
  • Forecasted Upside: -3.11 %
  • Number of Analysts: 5
  • Breakdown:
  • 1 Sell Ratings
  • 4 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
$11.25
+0.30 (1.20%)

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

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Analyst Price Target for ORBC

Analyst Price Target is $10.90
▼ -3.11% Downside Potential
This price target is based on 5 analysts offering 12 month price targets for ORBCOMM in the last 3 months. The average price target is $10.90, with a high forecast of $11.50 and a low forecast of $10.00. The average price target represents a -3.11% upside from the last price of $11.25.

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

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Current Consensus is Hold

The current consensus among 5 polled investment analysts is to hold stock in ORBCOMM. This Hold 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

  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
12/31/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
3/30/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
6/28/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
9/26/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 1 sell ratings
12/25/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 1 sell ratings
3/25/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 4 hold ratings
  • 1 sell ratings
5/24/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 4 hold ratings
  • 1 sell ratings
6/23/2021

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/11/2021Northland SecuritiesReiterated RatingOutperform ➝ Market Perform$11.50Low
5/10/2021Raymond JamesDowngradeStrong-Buy ➝ UnderperformLow
4/14/2021Roth CapitalReiterated RatingBuy ➝ Neutral$9.25 ➝ $11.50Low
4/14/2021Canaccord GenuityReiterated RatingBuy ➝ Hold$13.00 ➝ $11.50N/A
4/8/2021Craig HallumDowngradeBuy ➝ HoldLow
4/8/2021Canaccord GenuityDowngradeBuy ➝ Hold$13.00 ➝ $11.50High
4/8/2021Roth CapitalDowngradeBuy ➝ Neutral$9.25 ➝ $11.50High
2/25/2021Roth CapitalBoost Price TargetBuy$7.50 ➝ $9.25High
2/25/2021Raymond JamesBoost Price TargetStrong-Buy$8.00 ➝ $10.00High
2/24/2021Craig HallumBoost Price TargetBuy$8.00 ➝ $10.00Low
12/21/2020Northland SecuritiesBoost Price Target$6.00 ➝ $10.00Low
10/29/2020Canaccord GenuityBoost Price TargetBuy$8.00 ➝ $9.00High
10/29/2020Raymond JamesBoost Price TargetStrong-Buy$8.00High
8/12/2020Canaccord GenuityReiterated RatingBuy$8.00Low
7/30/2020Roth CapitalBoost Price Target$7.00 ➝ $750.00Medium
3/30/2020Canaccord GenuityReiterated RatingBuy$9.00High
3/24/2020Canaccord GenuityReiterated RatingBuy$9.00High
2/26/2020Canaccord GenuityReiterated RatingBuy$9.00High
8/22/2019Craig HallumUpgradeHold ➝ Buy$7.50High
3/4/2019Roth CapitalReiterated RatingBuyLow
2/28/2019Craig HallumDowngradeBuy ➝ Hold$13.00 ➝ $8.50Low
2/28/2019Chardan CapitalDowngradeBuy ➝ NeutralHigh
2/28/2019First AnalysisDowngradeStrong-Buy ➝ Outperform$13.00 ➝ $10.00High
1/3/2019Royal Bank of CanadaReiterated RatingBuyMedium
3/4/2018Chardan CapitalReiterated RatingBuyMedium
3/2/2018Canaccord GenuityLower Price TargetBuy ➝ Buy$16.00 ➝ $15.00Medium
2/2/2018Roth CapitalInitiated CoverageBuy ➝ Buy$14.00Medium
1/16/2018Northland SecuritiesSet Price TargetBuy$15.00Medium
9/11/2017Canaccord GenuityBoost Price TargetBuy$14.00 ➝ $16.00Medium
8/28/2017Northland SecuritiesSet Price TargetBuy$13.00Low
8/3/2017Canaccord GenuityReiterated RatingBuy$14.00Medium
6/13/2017Craig HallumSet Price TargetBuy$13.00Medium
4/25/2017BenchmarkInitiated CoverageBuy ➝ Buy$13.00Low
4/11/2017Canaccord GenuityReiterated RatingBuy$14.00Low
3/2/2017Chardan CapitalReiterated RatingBuy$11.50N/A
12/2/2016Canaccord GenuityReiterated RatingBuy$14.00N/A
10/31/2016MacquarieInitiated CoverageNeutral ➝ OutperformN/A
9/12/2016Canaccord GenuityReiterated RatingBuy$15.00N/A
8/10/2016Canaccord GenuityReiterated RatingBuy$15.00N/A
8/8/2016Chardan CapitalReiterated RatingBuy$11.50N/A
(Data available from 6/24/2016 forward)
ORBCOMM logo
ORBCOMM Inc. provides Internet of Things solutions in the United States, South America, Japan, Europe, and internationally. The company offers network connectivity, devices, device management, and web reporting applications that are designed to track, monitor, control, and enhance security for various assets, such as trailers, trucks, rail cars, sea containers, power generators, fluid tanks, marine vessels, diesel or electric powered generators, oil and gas wells, pipeline monitoring equipment, irrigation control systems, and utility meters in transportation and supply chain, heavy equipment, fixed asset monitoring, and maritime industries, as well as for governments. It also provides satellite automatic identification service data services to assist in vessel navigation and to enhance maritime safety for government and commercial customers; and vehicle fleet management, as well as in-cab and fleet vehicle solutions using various network platforms, including its own constellation of low-earth orbit satellites and accompanying ground infrastructure, as well as terrestrial-based cellular communication services through reseller agreements with various cellular wireless providers. In addition, the company offers customer solutions utilizing additional satellite network service options through service agreements with third party mobile satellite providers; and resells service using the two-way Inmarsat plc satellite network to provide higher bandwidth. It markets and sells its products and services directly to original equipment manufacturers, government customers, and end-users, as well as indirectly through market channel partners and affiliates. ORBCOMM Inc. was founded in 1993 and is headquartered in Rochelle Park, New Jersey.
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Today's Range

Now: $11.25
Low: $11.24
High: $11.27

50 Day Range

MA: $11.31
Low: $11.14
High: $11.52

52 Week Range

Now: $11.25
Low: $3.32
High: $11.55

Volume

527,146 shs

Average Volume

2,103,987 shs

Market Capitalization

$894.59 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.57

Frequently Asked Questions

What sell-side analysts currently cover shares of ORBCOMM?

The following Wall Street sell-side analysts have issued research reports on ORBCOMM in the last twelve months: Canaccord Genuity, Craig Hallum, Northland Securities, Raymond James, Roth Capital, TheStreet, and Zacks Investment Research.
View the latest analyst ratings for ORBC.

What is the current price target for ORBCOMM?

5 Wall Street analysts have set twelve-month price targets for ORBCOMM in the last year. Their average twelve-month price target is $10.90, suggesting a possible downside of 3.1%. Canaccord Genuity has the highest price target set, predicting ORBC will reach $11.50 in the next twelve months. Raymond James has the lowest price target set, forecasting a price of $10.00 for ORBCOMM in the next year.
View the latest price targets for ORBC.

What is the current consensus analyst rating for ORBCOMM?

ORBCOMM currently has 1 sell rating and 4 hold ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in ORBC, but not buy more shares or sell existing shares.
View the latest ratings for ORBC.

What other companies compete with ORBCOMM?

How do I contact ORBCOMM's investor relations team?

ORBCOMM's physical mailing address is 395 W PASSAIC STREET, ROCHELLE PARK NJ, 07662. The technology company's listed phone number is 703-433-6300 and its investor relations email address is [email protected] The official website for ORBCOMM is www.orbcomm.com.