Iridium Communications Inc. (IRDM) is currently trading at $49.65 with a Wall Street consensus price target of $42.0, which is 15.4% below the current price over the next 12 months. 5 analysts currently cover IRDM, with a consensus rating of Buy - 60% of analysts rate the stock a Buy or Strong Buy. The most bullish analyst has a price target of $54.0, while the most cautious has a target of $36.0.
IRDM operates in the Communication Services sector with a market capitalisation of $5B. The stock is up 182.2% year-to-date and is currently trading near the upper end of its 52-week range of $15.65 – $57.18.
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