$29.69
0.41[1.40%]
At close: Apr 25
$29.69
0[0.00%]
After Hours: 4:00PM EDT
Iridium Comms
(NASDAQ:IRDM)Iridium Comms Stock (NASDAQ:IRDM), Analyst Ratings, Price Targets, Predictions
Iridium Communications Inc has a consensus price target of $41.5, established from looking at the 28 latest analyst ratings. The last 3 analyst ratings were released from BWS Financial, Barclays, and BWS Financial on April 22, 2024, February 23, 2024, and February 16, 2024. With an average price target of $34 between BWS Financial, Barclays, and BWS Financial, there's an implied 14.52% upside for Iridium Communications Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
BWS Financial
Barclays
Raymond James
LightShed Partners
Deutsche Bank
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Iridium Comms
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/22/2024 | IRDM | Buy Now | Iridium Comms | $29.69 | 1.04% | BWS Financial | Hamed Khorsand | $30 → $30 | Maintains | Neutral | Get Alert |
| 02/23/2024 | IRDM | Buy Now | Iridium Comms | $29.69 | 41.46% | Barclays | Mathieu Robilliard | $45 → $42 | Maintains | Overweight | Get Alert |
| 02/16/2024 | IRDM | Buy Now | Iridium Comms | $29.69 | 1.04% | BWS Financial | Hamed Khorsand | → $30 | Downgrade | Buy → Hold | Get Alert |
| 02/16/2024 | IRDM | Buy Now | Iridium Comms | $29.69 | 61.67% | Raymond James | Ric Prentiss | $53 → $48 | Maintains | Strong Buy | Get Alert |
| 02/15/2024 | IRDM | Buy Now | Iridium Comms | $29.69 | — | LightShed Partners | Walter Piecyk | — | Downgrade | Buy → Neutral | Get Alert |
| 11/10/2023 | IRDM | Buy Now | Iridium Comms | $29.69 | 78.51% | Raymond James | Ric Prentiss | $58 → $53 | Maintains | Strong Buy | Get Alert |
| 10/20/2023 | IRDM | Buy Now | Iridium Comms | $29.69 | 95.35% | Raymond James | Ric Prentiss | $67 → $58 | Maintains | Strong Buy | Get Alert |
| 09/18/2023 | IRDM | Buy Now | Iridium Comms | $29.69 | 91.98% | Deutsche Bank | Edison Yu | → $57 | Upgrade | Hold → Buy | Get Alert |
| 08/23/2023 | IRDM | Buy Now | Iridium Comms | $29.69 | 125.67% | Raymond James | Ric Prentiss | $68 → $67 | Maintains | Strong Buy | Get Alert |
| 07/27/2023 | IRDM | Buy Now | Iridium Comms | $29.69 | 118.93% | Barclays | Mathieu Robilliard | $66 → $65 | Upgrade | Equal-Weight → Overweight | Get Alert |
| 07/26/2023 | IRDM | Buy Now | Iridium Comms | $29.69 | 129.03% | Raymond James | Ric Prentiss | $76 → $68 | Maintains | Strong Buy | Get Alert |
| 07/21/2023 | IRDM | Buy Now | Iridium Comms | $29.69 | 122.3% | Barclays | Mathieu Robilliard | $45 → $66 | Maintains | Equal-Weight | Get Alert |
| 06/22/2023 | IRDM | Buy Now | Iridium Comms | $29.69 | 105.46% | Deutsche Bank | Edison Yu | → $61 | Initiates | → Hold | Get Alert |
| 04/21/2023 | IRDM | Buy Now | Iridium Comms | $29.69 | 155.98% | Raymond James | Ric Prentiss | $71 → $76 | Maintains | Strong Buy | Get Alert |
| 04/21/2023 | IRDM | Buy Now | Iridium Comms | $29.69 | 142.51% | Morgan Stanley | Landon Park | $66 → $72 | Maintains | Overweight | Get Alert |
| 02/17/2023 | IRDM | Buy Now | Iridium Comms | $29.69 | 139.14% | Raymond James | Ric Prentiss | $60 → $71 | Maintains | Strong Buy | Get Alert |
| 01/09/2023 | IRDM | Buy Now | Iridium Comms | $29.69 | 152.61% | BWS Financial | Hamed Khorsand | $60 → $75 | Maintains | Buy | Get Alert |
| 10/21/2022 | IRDM | Buy Now | Iridium Comms | $29.69 | 122.3% | Morgan Stanley | Landon Park | $64 → $66 | Maintains | Overweight | Get Alert |
| 10/21/2022 | IRDM | Buy Now | Iridium Comms | $29.69 | 102.09% | Raymond James | Ric Prentiss | $51 → $60 | Maintains | Strong Buy | Get Alert |
FAQ
What is the target price for Iridium Comms (IRDM)?
The latest price target for Iridium Comms (NASDAQ: IRDM) was reported by BWS Financial on April 22, 2024. The analyst firm set a price target for $30.00 expecting IRDM to rise to within 12 months (a possible 1.04% upside). 13 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 BWS Financial, and Iridium Comms maintained their neutral 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 22, 2024 so you should expect the next rating to be made available sometime around April 22, 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 $30.00 to $30.00. The current price Iridium Comms (IRDM) is trading at is $29.69, which is out of the analyst’s predicted range.
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