Iridium Communications Inc (IRDM) Social Stream
IRIDIUM COMMUNICATIONS INC (IRDM) Price Targets From Analysts
The tables below show price targets and recommendations from analysts covering IRIDIUM COMMUNICATIONS INC.
| 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 | $60.39 | -18.45% |
| 2022-02-11 | 5 | $60 | $40 | $48.75 | $60.39 | -19.27% |
| 2022-02-18 | 5 | $60 | $40 | $50 | $60.39 | -17.2% |
| 2022-07-26 | 5 | $60 | $47 | $51.75 | $60.39 | -14.31% |
| 2022-09-08 | 5 | $60 | $47 | $52 | $60.39 | -13.89% |
| 2022-10-17 | 5 | $64 | $47 | $55.5 | $60.39 | -8.1% |
| 2022-10-19 | 5 | $64 | $45 | $55 | $60.39 | -8.93% |
| 2022-11-28 | 5 | $66 | $45 | $57.75 | $60.39 | -4.37% |
| 2023-01-09 | 4 | $75 | $45 | $61.5 | $60.39 | 1.84% |
| 2023-02-16 | 5 | $75 | $45 | $61.5 | $60.39 | 1.84% |
| 2023-04-21 | 5 | $76 | $45 | $67 | $60.39 | 10.95% |
The Trend in the Analyst Price Target
IRDM's average price target has moved up $31 over the prior 26 months.
IRDM reports an average of 9.78% for its upside potential over the past 38 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-07-27 | 5 | 60 | 47 | 52.00 | 43.81 | 18.69% |
| 2022-09-08 | 5 | 60 | 47 | 52.00 | 44.11 | 17.89% |
| 2022-10-19 | 5 | 64 | 45 | 55.00 | 47.49 | 15.81% |
| 2022-10-21 | 5 | 66 | 45 | 57.75 | 47.52 | 21.53% |
| 2023-04-21 | 5 | 75 | 45 | 64.25 | 67.26 | -4.48% |
IRDM Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.7 | 2 | 2 | 1 | 0 | 0 | 5 |
The Trend in the Broker Recommendations
IRDM's average broker recommendation rating improved by 0.2 over the prior 38 months.
Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.
- IRDM has a greater upside potential (average analyst target price relative to current price) than 110.05% of all US stocks.
- IRIDIUM COMMUNICATIONS INC's number of analysts covering the stock is greater than 265.88% of Electronic Equipment stocks.
- In the context of Communication Services stocks, IRIDIUM COMMUNICATIONS INC's average analyst price target is greater than 889.66% of them.
- IRDM has a lower variance in analysts' estimates than -342.37% of Electronic Equipment stocks.
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, IHS, and VRT.
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