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Iridium Communications Inc has a consensus price target of $45.67 based on the ratings of 7 analysts. The high is $72 issued by Morgan Stanley on April 21, 2023. The low is $25 issued by BWS Financial on April 23, 2025. The 3 most-recent analyst ratings were released by Oppenheimer, BWS Financial, and Barclays on May 5, 2025, April 23, 2025, and March 10, 2025, respectively. With an average price target of $32.33 between Oppenheimer, BWS Financial, and Barclays, there's an implied 26.06% upside for Iridium Communications Inc from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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05/05/2025 | Buy Now | 32.55% | Oppenheimer | Timothy Horan72% | → $34 | Initiates | → Outperform | Get Alert |
04/23/2025 | Buy Now | -2.53% | BWS Financial | Hamed Khorsand71% | $30 → $25 | Maintains | Neutral | Get Alert |
03/10/2025 | Buy Now | 48.15% | Barclays | Mathieu Robilliard54% | $45 → $38 | Maintains | Overweight | Get Alert |
10/21/2024 | Buy Now | 16.96% | BWS Financial | Hamed Khorsand71% | $30 → $30 | Maintains | Neutral | Get Alert |
07/24/2024 | Buy Now | 16.96% | BWS Financial | Hamed Khorsand71% | $30 → $30 | Reiterates | Neutral → Neutral | Get Alert |
07/24/2024 | Buy Now | 75.44% | Barclays | Mathieu Robilliard54% | $44 → $45 | Maintains | Overweight | Get Alert |
04/26/2024 | Buy Now | 71.54% | Barclays | Mathieu Robilliard54% | $42 → $44 | Maintains | Overweight | Get Alert |
04/22/2024 | Buy Now | 16.96% | BWS Financial | Hamed Khorsand71% | $30 → $30 | Maintains | Neutral | Get Alert |
02/23/2024 | Buy Now | 63.74% | Barclays | Mathieu Robilliard54% | $45 → $42 | Maintains | Overweight | Get Alert |
02/16/2024 | Buy Now | 16.96% | BWS Financial | Hamed Khorsand71% | → $30 | Downgrade | Buy → Hold | Get Alert |
02/16/2024 | Buy Now | 87.13% | Raymond James | Ric Prentiss54% | $53 → $48 | Maintains | Strong Buy | Get Alert |
02/15/2024 | Buy Now | — | LightShed Partners | Walter Piecyk70% | — | Downgrade | Buy → Neutral | Get Alert |
11/10/2023 | Buy Now | 106.63% | Raymond James | Ric Prentiss54% | $58 → $53 | Maintains | Strong Buy | Get Alert |
10/20/2023 | Buy Now | 126.12% | Raymond James | Ric Prentiss54% | $67 → $58 | Maintains | Strong Buy | Get Alert |
09/18/2023 | Buy Now | 122.22% | Deutsche Bank | Edison Yu32% | → $57 | Upgrade | Hold → Buy | Get Alert |
08/23/2023 | Buy Now | 161.21% | Raymond James | Ric Prentiss54% | $68 → $67 | Maintains | Strong Buy | Get Alert |
07/27/2023 | Buy Now | 153.41% | Barclays | Mathieu Robilliard54% | $66 → $65 | Upgrade | Equal-Weight → Overweight | Get Alert |
07/26/2023 | Buy Now | 165.11% | Raymond James | Ric Prentiss54% | $76 → $68 | Maintains | Strong Buy | Get Alert |
07/21/2023 | Buy Now | 157.31% | Barclays | Mathieu Robilliard54% | $45 → $66 | Maintains | Equal-Weight | Get Alert |
06/22/2023 | Buy Now | 137.82% | Deutsche Bank | Edison Yu32% | → $61 | Initiates | → Hold | Get Alert |
04/21/2023 | Buy Now | 196.3% | Raymond James | Ric Prentiss54% | $71 → $76 | Maintains | Strong Buy | Get Alert |
04/21/2023 | Buy Now | 180.7% | Morgan Stanley | Landon Park43% | $66 → $72 | Maintains | Overweight | Get Alert |
02/17/2023 | Buy Now | 176.8% | Raymond James | Ric Prentiss54% | $60 → $71 | Maintains | Strong Buy | Get Alert |
01/09/2023 | Buy Now | 192.4% | BWS Financial | Hamed Khorsand71% | $60 → $75 | Maintains | Buy | Get Alert |
10/21/2022 | Buy Now | 157.31% | Morgan Stanley | Landon Park43% | $64 → $66 | Maintains | Overweight | Get Alert |
10/21/2022 | Buy Now | 133.92% | Raymond James | Ric Prentiss54% | $51 → $60 | Maintains | Strong Buy | Get Alert |
10/19/2022 | Buy Now | 75.44% | Barclays | Mathieu Robilliard54% | $48 → $45 | Downgrade | Overweight → Equal-Weight | Get Alert |
10/17/2022 | Buy Now | 149.51% | Morgan Stanley | Landon Park43% | $50 → $64 | Maintains | Overweight | Get Alert |
07/27/2022 | Buy Now | 94.93% | Morgan Stanley | Landon Park43% | $49 → $50 | Maintains | Overweight | Get Alert |
The latest price target for Iridium Communications (NASDAQ:IRDM) was reported by Oppenheimer on May 5, 2025. The analyst firm set a price target for $34.00 expecting IRDM to rise to within 12 months (a possible 32.55% upside). 6 analyst firms have reported ratings in the last year.
The latest analyst rating for Iridium Communications (NASDAQ:IRDM) was provided by Oppenheimer, and Iridium Communications initiated their outperform 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 Communications, 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 Communications was filed on May 5, 2025 so you should expect the next rating to be made available sometime around May 5, 2026.
While ratings are subjective and will change, the latest Iridium Communications (IRDM) rating was a initiated with a price target of $0.00 to $34.00. The current price Iridium Communications (IRDM) is trading at is $25.65, which is within the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.
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