# Iridium Communications Inc.  Share Price Target ‘$40.71’, now 29.5% Upside Potential

- Link: https://www.directorstalkinterviews.com/iridium-communications-inc-share-price-target-40-71-now-29-5-upside-potential/4121187436
- Published: 2025-02-25T14:30:48+00:00
- Author: Charlotte Edwards

**Iridium Communications Inc.** which can be found using ticker (IRDM) now have 
7 confirmed analysts covering the stock with the consensus suggesting a rating of‘
buy’. The target price High/Low ranges between $49.00 and $30.00 calculating the
average target share price we see $40.71. (at the time of writing). Given that the
stocks previous close was at $31.43 and the analysts are correct then there would
likely be a percentage uptick in value of 29.5%. Also worth taking note is the 50
day moving average now sits at $29.45 and the 200 day MA is $28.68. The total market
capitalization for the company now stands at 3.39B. Currently the stock stands at:
$31.15 USD

 The potential market cap would be $4,391,825,358 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 33.14, revenue per share of $7.01
and a 4.77% return on assets.

Iridium Communications Inc. is a commercial provider of communications services.
The Company is engaged in providing mobile voice and data communications services
using a constellation of orbiting satellites. It provides voice and data communications
services to businesses, the United States and foreign Governments, non-Governmental
organizations, and consumers via its upgraded satellite network, which has an architecture
of approximately 66 operational satellites with in-orbit and ground spares and related
ground infrastructure. The Company’s principal lines of business include land-mobile,
maritime, aviation, Internet of things (IoT), hosted payloads and other data services,
and United States (U.S.) Government. Its products include Satellite Handsets and
Iridium GO!, Broadband Data Devices, Voice and Data Modems, and Internet of Things
Data Devices. The Company sells its products and services to customers through a
wholesale distribution network of approximately 85 service providers.

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