Iridium Communications Inc. (IRDM)
NASDAQ: IRDM · Real-Time Price · USD
25.77
+0.60 (2.38%)
At close: May 5, 2025, 4:00 PM
25.06
-0.71 (-2.76%)
Pre-market: May 6, 2025, 8:49 AM EDT
Iridium Communications Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Iridium Communications stock have an average target of 32.33, with a low estimate of 25 and a high estimate of 38. The average target predicts an increase of 25.46% from the current stock price of 25.77.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Iridium Communications stock from 3 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 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 2 |
| Hold | 2 | 2 | 2 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 2 | 2 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Oppenheimer | Oppenheimer | Buy Initiates $34 | Buy | Initiates | $34 | +31.94% | May 5, 2025 |
| BWS Financial | BWS Financial | Hold Maintains $30 → $25 | Hold | Maintains | $30 → $25 | -2.99% | Apr 23, 2025 |
| Barclays | Barclays | Buy Maintains $45 → $38 | Buy | Maintains | $45 → $38 | +47.46% | Mar 10, 2025 |
| BWS Financial | BWS Financial | Hold Maintains $30 | Hold | Maintains | $30 | +16.41% | Oct 21, 2024 |
| BWS Financial | BWS Financial | Hold Reiterates $30 | Hold | Reiterates | $30 | +16.41% | Jul 24, 2024 |
Financial Forecast
Revenue This Year
891.54M
from 830.68M
Increased by 7.33%
Revenue Next Year
926.80M
from 891.54M
Increased by 3.95%
EPS This Year
1.06
from 0.94
Increased by 12.51%
EPS Next Year
1.40
from 1.06
Increased by 32.77%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 925.1M | 979.2M | 1.0B | ||
| Avg | 891.5M | 926.8M | 975.3M | ||
| Low | 848.7M | 868.6M | 926.2M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 11.4% | 9.8% | 10.9% | ||
| Avg | 7.3% | 4.0% | 5.2% | ||
| Low | 2.2% | -2.6% | -0.1% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 1.29 | 1.84 | 2.31 |
| Avg | 1.06 | 1.40 | 1.97 |
| Low | 0.85 | 1.03 | 1.52 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 37.4% | 73.7% | 64.5% |
| Avg | 12.5% | 32.8% | 40.2% |
| Low | -9.3% | -2.7% | 8.2% |
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.