IRIDIUM COMMUNICATIONS INC (IRDM)

US46269C1027 - Common Stock

45.415  -0.19 (-0.41%)

Buy % Consensus

83

ChartMill assigns a Buy % Consensus number of 83% to IRDM. The Buy consensus is the weighted average rating of the current analysts ratings.

Analysts have set a mean price target forecast of 68.54. This target is 50.93% above the current price.
IRDM was analyzed by 12 analysts. The buy percentage consensus is at 83. So analysts seem to be very confident about IRDM.
In the previous month the buy percentage consensus was at a similar level.
IRDM was analyzed by 12 analysts, which is quite many. So the average rating should be quite meaningful.

Price Target & Forecast

Price Low Median Mean High 45.4257.5768.3468.5478.75 - 26.76% 50.48% 50.93% 73.40%
Up and Down Grades
Date Firm Action Rating
2023-09-18 Deutsche Bank Upgrade Hold -> Buy
2023-08-23 Raymond James Maintains Strong Buy -> Strong Buy
2023-07-27 Barclays Upgrade Equal-Weight -> Overweight
2023-07-26 Raymond James Maintains Strong Buy -> Strong Buy
2023-07-21 Barclays Maintains Equal-Weight -> Equal-Weight
2023-06-22 Deutsche Bank Initiate Hold
2023-04-21 Raymond James Maintains Strong Buy
2023-04-21 Morgan Stanley Maintains Overweight
2023-02-17 Raymond James Maintains Strong Buy
2023-01-09 BWS Financial Maintains Buy
2022-10-21 Raymond James Maintains Strong Buy
2022-10-21 Morgan Stanley Maintains Overweight
2022-10-19 Barclays Downgrade Overweight -> Equal-Weight
2022-10-17 Morgan Stanley Maintains Overweight
2022-07-27 Morgan Stanley Maintains Overweight
2022-02-18 Raymond James Upgrade Outperform -> Strong Buy
2022-02-11 Morgan Stanley Maintains Overweight
2021-10-20 BWS Financial Upgrade Neutral -> Buy
2021-10-20 Raymond James Maintains Outperform
2021-08-03 Morgan Stanley Initiate Overweight
2021-07-26 Barclays Upgrade Underweight -> Equal-Weight
2021-03-03 Raymond James Upgrade Market Perform -> Outperform
2021-02-12 Barclays Downgrade Overweight -> Underweight
2021-02-08 Raymond James Downgrade Outperform -> Market Perform