Iridium Communications Inc (IRDM) Social Stream



Iridium Communications Inc (IRDM): $27.10

0.42 (-1.53%)

POWR Rating

Component Grades

Momentum

C

Stability

C

Sentiment

Quality

A

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Industry: Air/Defense Services

Industry

C

Ranked

#32 of 72

in industry

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.

Is IRDM a Buy, Hold or Sell? See the POWR Ratings now!


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