Iridium Communications Inc. (IRDM)

NASDAQ: IRDM · IEX Real-Time Price · USD
38.14
+0.58 (1.54%)
Jul 1, 2022 4:00 PM EDT - Market closed

Stock Price Forecast

According to 12 stock analysts, the average 12-month stock price forecast for IRDM stock is $52.22, which predicts an increase of 36.92%. The lowest target is $48.48 and the highest is $63. On average, analysts rate IRDM stock as a buy.
Analyst Consensus: Buy
Target Low Average Median High
Price $48.48 $52.22 $49.98 $63
Change +27.11% +36.92% +31.04% +65.18%

Analyst Ratings

The average analyst rating for IRDM stock from 12 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 Jan '22Feb '22Mar '22Apr '22May '22Jun '22
Strong Buy 345555
Buy 666666
Hold 321111
Sell 000000
Strong Sell 000000
Total 121212121212

Financial Forecast

Revenue This Year
691.34M
Increased by 12.50%
Revenue Next Year
726.89M
Increased by 5.14%
EPS This Year
0.07
EPS Next Year
0.24
Increased by 230.06%
Year 2017201820192020202120222023202420252026
Revenue
448.05M523.01M560.44M583.44M614.50M691.34M726.89M786.92M823.18M878.34M
Revenue Growth
3.32%
16.73%
7.16%
4.10%
5.32%
12.50%
5.14%
8.26%
4.61%
6.70%
EPS
2.23-0.22-1.33-0.42-0.070.070.240.531.293.22
EPS Growth
123.00%
-----
230.06%
119.15%
145.10%
150.00%
No. Analysts -----98511

Revenue Forecast

Revenue 20222023202420252026
High 737.6M 763.6M 819.5M 864.3M 913.5M
Avg 691.3M 726.9M 786.9M 823.2M 878.3M
Low 644.5M 676.6M 739.7M 798.5M 852.0M

Revenue Growth

Revenue Growth 20222023202420252026
High
18.6%
10.5%
12.7%
9.8%
11.0%
Avg
11.1%
5.1%
8.3%
4.6%
6.7%
Low
3.6%
-2.1%
1.8%
1.5%
3.5%

EPS Forecast

EPS 20222023202420252026
High 0.13 0.40 0.69 1.35 3.35
Avg 0.07 0.24 0.53 1.29 3.22
Low 0.04 0.14 0.36 1.25 3.12

EPS Growth

EPS Growth 20222023202420252026
High -
449.4%
189.1%
157.4%
160.0%
Avg -
230.1%
119.1%
145.1%
150.0%
Low -
88.9%
51.3%
137.7%
142.5%