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 40.50% from the current stock price of 24.20.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$30	$34	$38	$38
Change	+23.97%	+40.50%	+57.02%	+57.02%

* Price targets were last updated on Mar 10, 2025.

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

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Mathieu Robilliard Barclays	Barclays	Buy Maintains $45 → $38	Buy	Maintains	$45 → $38	+57.02%	Mar 10, 2025
Hamed Khorsand BWS Financial	BWS Financial	Hold Maintains $30	Hold	Maintains	$30	+23.97%	Oct 21, 2024
Hamed Khorsand BWS Financial	BWS Financial	Hold Reiterates $30	Hold	Reiterates	$30	+23.97%	Jul 24, 2024
Mathieu Robilliard Barclays	Barclays	Buy Maintains $44 → $45	Buy	Maintains	$44 → $45	+85.95%	Jul 24, 2024
Mathieu Robilliard Barclays	Barclays	Buy Maintains $42 → $44	Buy	Maintains	$42 → $44	+81.82%	Apr 26, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

891.12M

Increased by 7.28%

from 830.68M

Revenue Next Year

928.33M

Increased by 4.18%

from 891.12M

EPS This Year

1.06

Increased by 12.51%

from 0.94

EPS Next Year

1.40

Increased by 32.77%

from 1.06

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	891.12M	928.33M	976.48M
Revenue Growth	4.10%	5.32%	17.34%	9.67%	5.05%	7.28%	4.18%	5.19%
EPS	-0.42	-0.07	0.07	0.12	0.94	1.06	1.40	1.97
EPS Growth	-	-	-	76.46%	683.33%	12.51%	32.77%	40.19%
Forward PE	-	-	-	-	-	22.88	17.23	12.29
No. Analysts	-	-	-	-	-	11	10	6

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	932.0M	980.6M	1.0B
Avg	891.1M	928.3M	976.5M
Low	848.7M	868.6M	920.9M

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	12.2%	10.0%	11.4%
Avg	7.3%	4.2%	5.2%
Low	2.2%	-2.5%	-0.8%

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.