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Iridium Comms Analyst Ratings

Benzinga ·  Oct 20, 2023 09:26
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
10/20/2023 47.58% Raymond James $67 → $58 Maintains Strong Buy
09/18/2023 45.04% Deutsche Bank → $57 Upgrades Hold → Buy
08/23/2023 70.48% Raymond James $68 → $67 Maintains Strong Buy
07/27/2023 65.39% Barclays $66 → $65 Upgrades Equal-Weight → Overweight
07/26/2023 73.03% Raymond James $76 → $68 Maintains Strong Buy
07/21/2023 67.94% Barclays $45 → $66 Maintains Equal-Weight
06/22/2023 55.22% Deutsche Bank → $61 Initiates Coverage On → Hold
04/21/2023 93.38% Raymond James $71 → $76 Maintains Strong Buy
04/21/2023 83.21% Morgan Stanley $66 → $72 Maintains Overweight
02/17/2023 80.66% Raymond James $60 → $71 Maintains Strong Buy
01/09/2023 90.84% BWS Financial $60 → $75 Maintains Buy
10/21/2022 67.94% Morgan Stanley $64 → $66 Maintains Overweight
10/21/2022 52.67% Raymond James $51 → $60 Maintains Strong Buy
10/19/2022 14.5% Barclays $48 → $45 Downgrades Overweight → Equal-Weight
10/17/2022 62.85% Morgan Stanley $50 → $64 Maintains Overweight
07/27/2022 27.23% Morgan Stanley $49 → $50 Maintains Overweight
02/18/2022 29.77% Raymond James $47 → $51 Upgrades Outperform → Strong Buy
02/11/2022 22.14% Morgan Stanley $50 → $48 Maintains Overweight
10/20/2021 52.67% BWS Financial $37 → $60 Upgrades Neutral → Buy
10/20/2021 19.59% Raymond James $46 → $47 Maintains Outperform
08/03/2021 27.23% Morgan Stanley → $50 Initiates Coverage On → Overweight
07/26/2021 1.78% Barclays → $40 Upgrades Underweight → Equal-Weight
03/03/2021 11.96% Raymond James → $44 Upgrades Market Perform → Outperform
02/12/2021 -3.31% Barclays → $38 Downgrades Overweight → Underweight
02/08/2021 Raymond James Downgrades Outperform → Market Perform
01/20/2021 BWS Financial Downgrades Buy → Neutral
12/11/2020 Sidoti & Co. Downgrades Buy → Neutral
10/21/2020 -18.58% Raymond James $31 → $32 Maintains Outperform
07/29/2020 -21.12% Raymond James $28 → $31 Maintains Outperform
04/29/2020 -28.75% Raymond James $32 → $28 Maintains Outperform
02/26/2020 -18.58% Raymond James $28 → $32 Maintains Outperform
02/18/2020 -18.58% Sidoti & Co. → $32 Downgrades Buy → Neutral
10/09/2019 -33.84% Sidoti & Co. → $26 Upgrades Neutral → Buy
04/24/2019 -23.66% Raymond James $25 → $30 Downgrades Strong Buy → Outperform
04/24/2019 Raymond James Downgrades Strong Buy → Outperform
10/30/2018 -33.84% Barclays → $26 Initiates Coverage On → Overweight

What is the target price for Iridium Comms (IRDM)?

The latest price target for Iridium Comms (NASDAQ: IRDM) was reported by Raymond James on October 20, 2023. The analyst firm set a price target for $58.00 expecting IRDM to rise to within 12 months (a possible 47.58% upside). 13 analyst firms have reported ratings in the last year.

What is the most recent analyst rating for Iridium Comms (IRDM)?

The latest analyst rating for Iridium Comms (NASDAQ: IRDM) was provided by Raymond James, and Iridium Comms maintained their strong buy rating.

When is the next analyst rating going to be posted or updated for Iridium Comms (IRDM)?

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Iridium Comms, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Iridium Comms was filed on October 20, 2023 so you should expect the next rating to be made available sometime around October 20, 2024.

Is the Analyst Rating Iridium Comms (IRDM) correct?

While ratings are subjective and will change, the latest Iridium Comms (IRDM) rating was a maintained with a price target of $67.00 to $58.00. The current price Iridium Comms (IRDM) is trading at is $39.30, which is out of the analyst's predicted range.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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