15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 5 firms covering Iridium Communications Inc, 2 rate it Buy or better, 2 sit at Hold, and 1 rate it Sell or worse, a moderate buy consensus. The target range is very wide, $16.00 to $60.00 (about 3.8x), which points to deep disagreement over how to value the company rather than near-term timing. The average target of $38.40 sits 16% below the current $45.47. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.32 next quarter toward $1.57 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS5 ratings
Moderate Buy
Strong Buy00%
Buy240%
Hold240%
Sell120%
Strong Sell00%
Based on 5 analysts giving stock ratings to Iridium Communications Inc.
As of Jul, 2 of 5 firms rate IRDM a Buy (2 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
IRDM EPS & revenue forecast
EPS · NEXT QUARTER
$0.32
Range $0.26 – $0.38 · 2 analysts · +31% YoY
Next period, 2 analysts expect Iridium Communications Inc to earn $0.32 a share (range $0.26 – $0.38), versus $0.24 a year earlier. Full-year consensus is $0.94, growing to $1.57 the year after.
REVENUE · NEXT QUARTER
$238.2M
Range $218.9M – $250.9M · 2 analysts · +12% YoY
Revenue is expected to reach $238.2M (range $218.9M – $250.9M), +11.9% year-over-year. Full-year consensus is $923.7M, rising to $994.5M next year.
Top analysts covering Iridium Communications Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on IRDM.
#1
Hamed Khorsand
BWS Financial · Rank #14
Sell
$16.00-64.8% to target
Overall win rate
52%
+ Follow
#2
Ric Prentiss
Raymond James · Rank #284
Hold
No targeton IRDM
Overall win rate
34%
+ Follow
#3
MR
Mathieu Robilliard
Barclays
Buy
$36.00-20.8% to target
Coverage
—
+ Follow
#4
Kristine Liwag
Morgan Stanley
Hold
$54.00+18.8% to target
Coverage
—
+ Follow
#5
Timothy Horan
Oppenheimer
Buy
$60.00+32.0% to target
Coverage
—
+ Follow
IRDM stock forecast FAQ
What is IRDM's average 12-month price target?+
The 4 analysts with a live target average $38.40 for Iridium Communications Inc over the next 12 months, ranging from a $60.00 high to a $16.00 low.
Is IRDM stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 5 analyst ratings, 2 are Buy or Strong Buy, 2 are Hold, and 1 are Sell or Strong Sell.
What are the highest and lowest price targets for IRDM?+
The Street-high target is $60.00 (Oppenheimer), and the Street-low is $16.00 (BWS Financial). The average of all 4 active targets is $38.40.
How many Wall Street analysts cover IRDM?+
5 analysts have an active rating on Iridium Communications Inc, and 4 firms carry a live 12-month price target.
Who is the most accurate analyst covering IRDM?+
Among analysts who currently cover IRDM, Hamed Khorsand of BWS Financial has the strongest overall Quantellect track record (Rank #14). Their current call is Sell with a $16.00 target.
What is Iridium Communications Inc's projected EPS for next quarter?+
The consensus estimate is $0.32 per share (range $0.26 – $0.38) across 2 analysts. Full-year EPS is projected at $0.94, rising to $1.57 the following year.
How much revenue is Iridium Communications Inc expected to report next quarter?+
Consensus revenue is $238.2M (range $218.9M – $250.9M). Full-year revenue is projected at $923.7M, growing to $994.5M next year.
Have analysts been upgrading or downgrading IRDM lately?+
As of Jul, 2 of 5 firms rate IRDM a Buy (2 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their IRDM calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
