Iridium Communications Inc (IRDM) Social Stream
IRIDIUM COMMUNICATIONS INC (IRDM) Price Targets From Analysts
The tables below show the price targets and recommendations analysts covering IRDM.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-10-21 | 5 | $60 | $40 | $49.25 | $38.92 | 26.54% |
| 2022-02-11 | 5 | $60 | $40 | $48.75 | $38.92 | 25.26% |
| 2022-02-18 | 5 | $60 | $40 | $50 | $38.92 | 28.47% |
| 2022-07-26 | 5 | $60 | $47 | $51.75 | $38.92 | 32.97% |
| 2022-09-08 | 5 | $60 | $47 | $52 | $38.92 | 33.61% |
| 2022-10-17 | 5 | $64 | $47 | $55.5 | $38.92 | 42.6% |
| 2022-10-19 | 5 | $64 | $45 | $55 | $38.92 | 41.32% |
| 2022-11-28 | 5 | $66 | $45 | $57.75 | $38.92 | 48.38% |
| 2023-01-09 | 4 | $75 | $45 | $61.5 | $38.92 | 58.02% |
| 2023-02-16 | 5 | $75 | $45 | $61.5 | $38.92 | 58.02% |
| 2023-04-21 | 5 | $76 | $45 | $67 | $38.92 | 72.15% |
| 2023-06-23 | 6 | $76 | $45 | $65.8 | $38.92 | 69.06% |
| 2023-07-26 | 6 | $76 | $61 | $70 | $38.92 | 79.86% |
| 2023-08-23 | 6 | $75 | $57 | $67.4 | $38.92 | 73.18% |
| 2023-09-15 | 6 | $75 | $57 | $67.2 | $38.92 | 72.66% |
| 2023-10-10 | 6 | $75 | $57 | $66 | $38.92 | 69.58% |
| 2023-10-20 | 6 | $75 | $57 | $67.2 | $38.92 | 72.66% |
| 2023-11-10 | 6 | $75 | $53 | $64.6 | $38.92 | 65.98% |
| 2023-11-27 | 6 | $75 | $53 | $63.6 | $38.92 | 63.41% |
| 2023-12-29 | 6 | $75 | $45 | $59.6 | $38.92 | 53.13% |
The Trend in the Analyst Price Target
IRDM's average price target has moved up $1.85 over the prior 13 months.
IRDM reports an average of 47.48% for its upside potential over the past 45 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-09-01 | 6 | 75 | 57 | 67.2 | 49.53 | 35.68% |
| 2023-10-10 | 6 | 75 | 57 | 66.0 | 44.10 | 49.66% |
| 2023-10-13 | 6 | 75 | 57 | 67.2 | 42.48 | 58.19% |
| 2023-10-16 | 6 | 75 | 57 | 67.2 | 42.93 | 56.53% |
| 2023-11-20 | 6 | 75 | 53 | 63.6 | 36.93 | 72.22% |
IRDM Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.25 | 4 | 2 | 0 | 0 | 0 | 6 |
The Trend in the Broker Recommendations
Over the past 122 days, IRDM's average broker recommendation rating improved by 0.34.
The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for IRDM as an investment opportunity.
- In terms of how IRIDIUM COMMUNICATIONS INC fares relative to all US stocks, note that its number of analysts covering the stock is higher than 485.33% of that group.
- IRDM has a lower variance in analysts' estimates than -471.25% of Communication Services stocks.
- IRIDIUM COMMUNICATIONS INC's average analyst price target is higher than 1474.8% of stocks in the mid market cap category.
- In the context of stocks in the mid market cap category, IRIDIUM COMMUNICATIONS INC's upside potential (average analyst target price relative to current price) is higher than 1374.1% of them.
In terms of price targets and recommendations offered by analysts, the stocks in the Electronic Equipment industry with the ratings most similar to IRIDIUM COMMUNICATIONS INC are ESE, PI, and AEIS.
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