Iridium Communications Inc. (IRDM)

Iridium Communications Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Iridium Communications stock have an average target of 34, with a low estimate of 30 and a high estimate of 38. The average target predicts an increase of 10.14% from the current stock price of 30.87.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$30	$34	$38	$38
Change	-2.82%	+10.14%	+23.10%	+23.10%

Analyst Ratings

The average analyst rating for Iridium Communications stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	1	1	1	1	1	0
Buy	1	1	1	1	1	1
Hold	2	2	2	2	2	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	4	4	4	4	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Mathieu Robilliard Barclays	Barclays	Buy Maintains $45 → $38	Buy	Maintains	$45 → $38	+23.10%	Mar 10, 2025
Hamed Khorsand BWS Financial	BWS Financial	Hold Maintains $30	Hold	Maintains	$30	-2.82%	Oct 21, 2024
Hamed Khorsand BWS Financial	BWS Financial	Hold Reiterates $30	Hold	Reiterates	$30	-2.82%	Jul 24, 2024
Mathieu Robilliard Barclays	Barclays	Buy Maintains $44 → $45	Buy	Maintains	$44 → $45	+45.77%	Jul 24, 2024
Mathieu Robilliard Barclays	Barclays	Buy Maintains $42 → $44	Buy	Maintains	$42 → $44	+42.53%	Apr 26, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

889.08M

Increased by 7.03%

from 830.68M

Revenue Next Year

924.30M

Increased by 3.96%

from 889.08M

EPS This Year

0.98

Increased by 4.78%

from 0.94

EPS Next Year

1.31

Increased by 32.73%

from 0.98

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	583.44M	614.50M	721.03M	790.72M	830.68M	889.08M	924.30M	967.07M
Revenue Growth	4.10%	5.32%	17.34%	9.67%	5.05%	7.03%	3.96%	4.63%
EPS	-0.42	-0.07	0.07	0.12	0.94	0.98	1.31	1.70
EPS Growth	-	-	-	76.46%	683.33%	4.78%	32.73%	30.04%
Forward PE	-	-	-	-	-	31.34	23.61	18.16
No. Analysts	-	-	-	-	-	11	9	5

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	922.4M	979.2M	1.0B
Avg	889.1M	924.3M	967.1M
Low	848.7M	868.6M	920.9M

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	11.0%	10.1%	8.4%
Avg	7.0%	4.0%	4.6%
Low	2.2%	-2.3%	-0.4%

EPS Forecast

EPS	2025	2026	2027
High	1.22	1.72	2.14
Avg	0.98	1.31	1.70
Low	0.74	1.00	1.17

EPS Growth

EPS Growth	2025	2026	2027
High	29.6%	74.8%	63.8%
Avg	4.8%	32.7%	30.0%
Low	-20.8%	1.5%	-10.8%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.