Iridium Communications (IRDM)
(Delayed Data from NSDQ)
$27.71 USD
+0.31 (1.13%)
Updated Apr 22, 2024 11:56 AM ET
After-Market: $28.10 +0.39 (1.41%) 7:58 PM ET
3-Hold of 5 3
D Value B Growth B Momentum C VGM
Iridium Communications (IRDM) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$39.00 | $48.00 | $30.00 | 42.34% |
Price Target
Based on short-term price targets offered by five analysts, the average price target for Iridium Communications comes to $39.00. The forecasts range from a low of $30.00 to a high of $48.00. The average price target represents an increase of 42.34% from the last closing price of $27.40.
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 | 4 |
Buy | 1 | 1 | 1 | 1 | 2 |
Hold | 2 | 2 | 2 | 2 | 0 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.75 | 1.75 | 1.75 | 1.75 | 1.25 |
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 |
---|---|---|---|---|
2/16/2024 | BWS Financial | Hamed Khorsand | Moderate Buy | Hold |
2/16/2024 | Raymond James | Richard H Prentiss | Strong Buy | Strong Buy |
2/15/2024 | William Blair | Louie Dipalma | Strong Buy | Hold |
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 | $39.00 |
LT Growth Rate | NA |
Industry | Satellite and Communication |
Industry Rank by ABR | 60 of 252 |
Current Quarter EPS Est: | 0.18 |