Iridium Communications Inc

Iridium Communications Inc Stock Forecast & Price Prediction

Live Iridium Communications Inc Stock (IRDM) Price
$29.21

2

Ratings

  • Buy 2
  • Hold 0
  • Sell 0
Disclaimer : The analyst ratings and price forecast data are provided by Tradefeeds. The data is sourced from Wall Street analysts and other experienced experts. The figures presented are solely a forecast and not a guarantee of future price performance. The information presented is not a recommendation to buy or sell the stock.

Stock Price

$29.21

P/E Ratio

P/E Ratio not available for IRDM

Volume Traded Today

$1.7M

Dividend

Dividends not available for IRDM

52 Week High/low

68.34/28.91

Iridium Communications Inc Market Cap

$3.69B

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IRDM Summary

The Iridium Communications Inc (IRDM) share price is expected to increase by 57.48% over the next year. This is based on calculating the average 12-month share price estimate provided by 2 stock analysts who have covered IRDM. Price targets range from $45.00 at the low end to $47.00 at the high end. The current analyst consensus for IRDM is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

IRDM Analyst Ratings

Iridium Communications Inc has a total of 2 Wall St Analyst ratings. There are 2 buy ratings, 0 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Iridium Communications Inc will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.

IRDM stock forecast by analyst

Analyst/Firm

Rating

Price Target

Change

Date

walter piecyk
LightShed Partners

Hold

None

downgraded

Feb 15, 2024
edison yu
Deutsche Bank

Buy

$47.0

maintained

Jan 29, 2024
mathieu robilliard
Barclays

Buy

$45.0

maintained

Nov 22, 2023
hamed khorsand
BWS Financial

Buy

$75.0

maintained

Nov 10, 2023
ric prentiss
Raymond James

Buy

$58.0

maintained

Oct 20, 2023
greg mesniaeff
Westpark Capital

Buy

$65.0

initiatedcoverage

Sep 21, 2023
landan park
Morgan Stanley

Buy

$72.0

maintained

Apr 20, 2023
louie dipalma
William Blair

Buy

None

maintained

Jan 3, 2023
gregory burns
Sidoti

Buy

$44.0

upgraded

Jan 27, 2022
james mcilree
Dawson James

Hold

None

rated

Dec 10, 2019
paul penney
Northland Securities

Sell

$14.0

reiterated

Mar 20, 2019
steven li
Raymond James

Buy

$14.0

rated

Jul 27, 2017
chris quilty
Raymond James

Buy

$13.0

rated

Nov 3, 2014
andrew degasperi
Berenberg Bank

Buy

$10.0

reiterated

Oct 31, 2014
jim breen
William Blair

Buy

None

reiterated

Sep 29, 2014
michael rindos
Aegis Capital

Buy

$8.0

initiatedcoverage

Aug 29, 2013

IRDM Company Information

Iridium Communications Inc. provides mobile voice and data communications services and products to businesses, the United States and international governments, non-governmental organizations, and consumers worldwide. The company offers postpaid mobile voice and data satellite communications; prepaid mobile voice satellite communications; push-to-talk; broadband data; and Internet of Things (IoT) services. It also provides hosted payload and other data services, such as satellite time and location services; and inbound connections from the public switched telephone network, short message, subscriber identity module, activation, customer reactivation, and other peripheral services. In addition, the company offers voice and data solutions comprising personnel tracking devices; asset tracking devices for equipment, vehicles, and aircrafts; beyond-line-of-sight aircraft communications applications; maritime communications applications; specialized communications solutions for high-value individuals; mobile communications and data devices for the military and other government agencies, such as secure satellite handsets, as well as netted voice, messaging, and paging services; and maintenance services for the United States government's dedicated gateway. Further, it provides satellite handsets, voice and data modems, broadband data devices, and IoT data devices; various accessories for its devices that include batteries, holsters, earbud headphones, portable auxiliary antennas, antenna adaptors, USB data cables, charging units, and others; and engineering and support services. Iridium Communications Inc. sells its products and services to commercial end users through a wholesale distribution network that include service providers, and value-added resellers and manufacturers. The company was formerly known as Iridium Holdings LLC and changed its name to Iridium Communications Inc. in September 2009. Iridium Communications Inc. is headquartered in McLean, Virginia.

IRDM
Iridium Communications Inc (IRDM)

When did it IPO

0

Staff Count

760

Country

United States

Sector/Industry

Communication Services/Telecom Services

CEO

Mr. Matthew J. Desch

Market Cap

$3.69B

Iridium Communications Inc(IRDM) Financial Data

In 2023, IRDM generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that IRDM's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2019

N/A

Revenue From 2020

N/A

0.00 %
From Previous Year

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year
  • Revenue TTM $790.7M
  • Operating Margin TTM 0.24%
  • Gross profit TTM $565.6M
  • Return on assets TTM 0.03%
  • Return on equity TTM 0.02%
  • Profit margin 0.01949%
  • Book value 7.23%
  • Market capitalisation $3.69B
  • Revenue for 2020 N/A
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • EPS this year 0.12
  • EPS next year N/A

Iridium Communications Inc(IRDM) Latest News

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IRDM Frequently asked questions

The highest forecasted price for IRDM is $47.00 from edison yu at Deutsche Bank.

The lowest forecasted price for IRDM is $45.00 from mathieu robilliard from Barclays

The IRDM analyst ratings consensus are 2 buy ratings, 0 hold ratings, and 0 sell ratings.