Iridium Communications (IRDM)
(Delayed Data from NSDQ)
$27.88 USD
+0.45 (1.64%)
Updated Sep 19, 2024 04:00 PM ET
After-Market: $27.87 -0.01 (-0.04%) 7:58 PM ET
3-Hold of 5 3
D Value B Growth B Momentum B VGM
Iridium Communications (IRDM) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$40.00 | $50.00 | $30.00 | 45.83% |
Price Target
Based on short-term price targets offered by five analysts, the average price target for Iridium Communications comes to $40.00. The forecasts range from a low of $30.00 to a high of $50.00. The average price target represents an increase of 45.83% from the last closing price of $27.43.
Analyst Price Targets (5 )
Broker Rating
Iridium Communications currently has an average brokerage recommendation (ABR) of 1.75 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by six brokerage firms. The current ABR compares to an ABR of 1.75 a month ago based on six recommendations.
Of the six recommendations deriving the current ABR, three are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 50% and 16.67% of all recommendations. A month ago, Strong Buy made up 50%, while Buy represented 16.67%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 3 | 3 | 3 | 3 | 3 |
Buy | 1 | 1 | 1 | 1 | 1 |
Hold | 2 | 2 | 2 | 2 | 2 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.75 | 1.75 | 1.75 | 1.75 | 1.75 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
7/24/2024 | BWS Financial | Hamed Khorsand | Hold | Hold |
7/23/2024 | Raymond James | Richard H Prentiss | Strong Buy | Strong Buy |
7/23/2024 | William Blair | Louie Dipalma | Hold | Hold |
4/26/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.75 |
ABR (Last week) | 1.75 |
# of Recs in ABR | 6 |
Average Target Price | $40.00 |
LT Growth Rate | NA |
Industry | Satellite and Communication |
Industry Rank by ABR | 166 of 253 |
Current Quarter EPS Est: | 0.20 |
IRDM FAQs
Iridium Communications Inc (IRDM) currently has an average brokerage recommendation (ABR) of 1.75 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 6 brokerage firms.
The average price target for Iridium Communications Inc (IRDM) is $40.00. The current on short-term price targets is based on 5 reports.
The forecasts for Iridium Communications Inc (IRDM) range from a low of $30 to a high of $50. The average price target represents a increase of $43.47 from the last closing price of $27.88.
The current UPSIDE for Iridium Communications Inc (IRDM) is 43.47%
Based on short-term price targets offered by five analysts, the average price target for Iridium Communications comes to $40.00. The forecasts range from a low of $30.00 to a high of $50.00. The average price target represents an increase of 45.83% from the last closing price of $27.43.