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Does Iridium (IRDM) Have the Potential to Rally 35.92% as Wall Street Analysts Expect?
IRDMIridium(IRDM) ZACKS·2025-03-05 15:56

Shares of Iridium Communications (IRDM) have gained 5.2% over the past four weeks to close the last trading session at 30.04,buttherecouldstillbeasolidupsideleftinthestockifshorttermpricetargetsofWallStreetanalystsareanyindication.Goingbythepricetargets,themeanestimateof30.04, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of 40.83 indicates a potential upside of 35.9%.The average comprises six short-term price targets ranging from a low of 30toahighof30 to a high of 49, with a standard deviation of $6.37. While the lowest estimate indi ...