NASDAQ:IRDM - Iridium Communications Price Target & Analyst Ratings Sign in or create an account to add this stock to your watchlist. Get Started $19.71 +0.39 (+2.02 %) (As of 10/16/2018 04:00 PM ET)Previous Close$19.32Today's Range$19.09 - $19.8552-Week Range$9.95 - $24.10Volume906,100 shsAverage Volume1.02 million shsMarket Capitalization$2.49 billionP/E Ratio27.47Dividend YieldN/ABeta1.84 Company ProfileDiscussionAnalyst RatingsChartEarnings HistoryFinancialsInsider TradesHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Analyst Ratings Iridium Communications (NASDAQ:IRDM) Price Target and Consensus Rating (How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.5 Wall Street analysts have issued ratings and price targets for Iridium Communications in the last 12 months. Their average twelve-month price target is $17.9375, suggesting that the stock has a possible downside of 8.99%. The high price target for IRDM is $23.00 and the low price target for IRDM is $12.00. There are currently 1 sell rating, 2 hold ratings, 1 buy rating and 1 strong buy rating for the stock, resulting in a consensus rating of "Hold."Today30 Days Ago90 Days Ago180 Days AgoConsensus Rating: HoldHoldBuyBuyConsensus Rating Score: 2.402.002.672.50Ratings Breakdown: 1 Sell Rating(s)2 Hold Rating(s)1 Buy Rating(s)1 Strong Buy Rating(s)1 Sell Rating(s)2 Hold Rating(s)1 Buy Rating(s)0 Strong Buy Rating(s)0 Sell Rating(s)1 Hold Rating(s)2 Buy Rating(s)0 Strong Buy Rating(s)0 Sell Rating(s)1 Hold Rating(s)1 Buy Rating(s)0 Strong Buy Rating(s)Consensus Price Target: $17.9375$16.25$16.00$13.00Price Target Upside: 8.99% downside24.24% downside37.93% upside7.44% upsideIridium Communications (NASDAQ:IRDM) Consensus Price Target History Iridium Communications (NASDAQ:IRDM) Analyst Ratings History Show: Only the Most Recent Rating From Each Brokerage All Ratings For This Stock DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails10/11/2018Raymond JamesUpgradeStrong-BuyMedium9/10/2018Northland SecuritiesDowngradeMarket Perform ➝ Under PerformHigh8/27/2018SidotiReiterated RatingBuy ➝ NeutralHigh5/9/2018BWS FinancialInitiated CoverageBuy ➝ Buy$22.00Medium10/27/2017Wells Fargo & CoBoost Price TargetMarket Perform$9.75 ➝ $12.00N/A8/31/2017Drexel HamiltonReiterated RatingBuy$14.00High12/4/2016Chardan CapitalReiterated RatingHoldN/A(Data available from 10/16/2016 forward) This page was last updated on 10/16/2018 by MarketBeat.com StaffFeatured Article: Do stock splits help investors?