Iridium Communications Stock Target Price and Analyst Consensus
| IRDM Stock | USD 31.40 0.03 0.1% |
The current analyst and expert consensus on Iridium Communications is Strong Buy, with 3 strong buy opinions. The current projected Iridium Communications target price consensus is 40.50 with 7 analyst opinions. Check out Macroaxis Advice on Iridium Communications to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. To learn how to invest in Iridium Stock, please use our How to Invest in Iridium Communications guide.The most common way Iridium Communications analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Iridium Communications executives and customers to further validate their buy or sell advice. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Iridium Communications. We strongly encourage you to use your own analysis of Iridium Communications to validate this buy or sell advice. Iridium Communications buy-or-sell recommendation module provides average expert sentiment on the projected Iridium Communications target price to derive its highest and lowest estimates based on projected price volatility of 2.809.
Lowest Forecast 36.86 | Highest Forecast 44.96 | Target Price 40.5 |
Iridium |
It's important to approach Iridium Communications' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Iridium Communications Target Price Consensus
Iridium target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Iridium Communications' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 7 | Strong Buy |
Most Iridium analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Iridium stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Iridium Communications, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationIridium Communications Target Price Projection
Iridium Communications' current and average target prices are 31.40 and 40.50, respectively. The current price of Iridium Communications is the price at which Iridium Communications is currently trading. On the other hand, Iridium Communications' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Iridium Communications Market Quote on 25th of February 2025
Target Price
Analyst Consensus On Iridium Communications Target Price
Iridium Communications Analyst Ratings
Iridium Communications' analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Iridium Communications stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Iridium Communications' financials, market performance, and future outlook by experienced professionals. Iridium Communications' historical ratings below, therefore, can serve as a valuable tool for investors.Analyst Consensus Breakdown
Average Consensus Estimates
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.
Steps to utilize Iridium Communications price targets
Iridium Communications' stock target price is an estimate of its future price, usually made by analysts. Using Iridium Communications' target price to determine if it is a suitable investment can be done through the following steps:- Look at Iridium Communications' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
- Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
- Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
- Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Iridium Communications' stock is likely to perform well.
- Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Additional Iridium Communications Value Projection Modules
Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Iridium Communications is a key component of Iridium Communications valuation and have some predictive power on the future returns of a Iridium Communications.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Iridium Communications' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
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Check out Macroaxis Advice on Iridium Communications to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. To learn how to invest in Iridium Stock, please use our How to Invest in Iridium Communications guide.You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.