$27.61
2.39% today
Nasdaq, Sep 16, 08:48 pm CET
ISIN
US46269C1027
Symbol
IRDM

Iridium Communications Inc. Target price 2024 - Analyst rating & recommendation

Iridium Communications Inc. Classifications & Recommendation:

Buy
71%
Hold
29%

Iridium Communications Inc. Price Target

Target Price $40.00
Price $26.97
Potential
Number of Estimates 5
5 Analysts have issued a price target Iridium Communications Inc. 2025 . The average Iridium Communications Inc. target price is $40.00. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 7 analysts: 5 Analysts recommend Iridium Communications Inc. to buy, 2 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Iridium Communications Inc. stock has an average upside potential 2025 of . Most analysts recommend the Iridium Communications Inc. stock at Purchase.

Sales and Margin forecast 2024, 2025 to 2028

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Quarter Annually
Dec '23 2024
Estimates
Revenue Million $ 790.72 813.66
9.67% 2.90%
EBITDA Margin 50.79% 57.00%
3.66% 12.22%
Net Margin 1.80% 11.81%
56.32% 556.60%

6 Analysts have issued a sales forecast Iridium Communications Inc. 2024 . The average Iridium Communications Inc. sales estimate is

$814m
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. This is
2.06% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$816m 2.41%
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, the lowest is
$810m 1.62%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $791m 9.67%
2024
$814m 2.90%
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2025
$831m 2.08%
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2026
$859m 3.38%
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2027
$893m 4.00%
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2028
$952m 6.61%
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6 Analysts have issued an Iridium Communications Inc. EBITDA forecast 2024. The average Iridium Communications Inc. EBITDA estimate is

$464m
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. This is
16.53% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$469m 17.74%
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, the lowest is
$459m 15.33%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $402m 5.65%
2024
$464m 15.48%
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2025
$492m 6.09%
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2026
$519m 5.48%
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2027
$555m 6.94%
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2028
$601m 8.29%
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EBITDA Margin

2023 50.79% 3.66%
2024
57.00% 12.22%
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2025
59.24% 3.93%
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2026
60.44% 2.03%
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2027
62.15% 2.83%
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2028
63.13% 1.58%
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6 Iridium Communications Inc. Analysts have issued a net profit forecast 2024. The average Iridium Communications Inc. net profit estimate is

$96.1m
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. This is
12.65% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$110m 28.71%
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, the lowest is
$88.9m 4.17%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $14.2m 71.43%
2024
$96.1m 575.91%
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2025
$122m 26.67%
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2026
$172m 41.56%
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2027
$206m 19.63%
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2028
$249m 20.69%
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Net Margin

2023 1.80% 56.32%
2024
11.81% 556.60%
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2025
14.66% 24.13%
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2026
20.08% 36.97%
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2027
23.09% 14.99%
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2028
26.14% 13.21%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2028

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ 0.12 0.81
71.43% 575.00%
P/E 33.25
EV/Sales 5.88

6 Analysts have issued a Iridium Communications Inc. forecast for earnings per share. The average Iridium Communications Inc. <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$0.81
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. This is
12.50% higher
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$0.93 29.17%
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, the lowest is
$0.75 4.17%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $0.12 71.43%
2024
$0.81 575.00%
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2025
$1.03 27.16%
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2026
$1.45 40.78%
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2027
$1.74 20.00%
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2028
$2.10 20.69%
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P/E ratio

Current 37.36 113.84%
2024
33.25 11.00%
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2025
26.25 21.05%
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2026
18.54 29.37%
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2027
15.50 16.40%
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2028
12.84 17.16%
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Based on analysts' sales estimates for 2024, the Iridium Communications Inc. stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 6.00 36.51%
2024
5.88 2.08%
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2025
5.76 2.04%
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2026
5.57 3.27%
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2027
5.35 3.85%
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2028
5.02 6.20%
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P/S ratio

Current 4.00 47.79%
2024
3.92 2.02%
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2025
3.84 2.04%
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2026
3.72 3.27%
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2027
3.58 3.85%
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2028
3.35 6.20%
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