The latest price target for Iridium Comms (NASDAQ:IRDM) was reported by BWS Financial on July 24, 2024. The analyst firm set a price target for $30.00 expecting IRDM to rise to within 12 months (a possible 7.41% upside). 10 analyst firms have reported ratings in the last year.

The latest analyst rating for Iridium Comms (NASDAQ:IRDM) was provided by BWS Financial, and Iridium Comms reiterated their neutral 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 July 24, 2024 so you should expect the next rating to be made available sometime around July 24, 2025.

While ratings are subjective and will change, the latest Iridium Comms (IRDM) rating was a reiterated with a price target of $30.00 to $30.00. The current price Iridium Comms (IRDM) is trading at is $27.93, which is out of the analyst’s predicted range.