ETF Analysis: The iShares Russell Mid-Cap Growth ETF (IWP) has an implied analyst target price of $164.62, indicating a potential upside of 14.32% from its current trading price of $143.99.
Notable Holdings: Key underlying holdings with significant upside potential include Iridium Communications (IRDM), Sprouts Farmers Market (SFM), and Freshpet (FRPT), with expected price increases of 70.10%, 55.85%, and 41.54%, respectively.
Analyst Target Justification: The article raises questions about whether analysts' target prices are justified or overly optimistic, suggesting that high targets could lead to downgrades if they are based on outdated information.
Investor Research: Investors are encouraged to conduct further research to assess the validity of analyst targets in light of recent company and industry developments.
Wall Street analysts forecast IRDM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for IRDM is 25.83 USD with a low forecast of 16.00 USD and a high forecast of 37.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
Wall Street analysts forecast IRDM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for IRDM is 25.83 USD with a low forecast of 16.00 USD and a high forecast of 37.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Buy
2 Hold
1 Sell
Moderate Buy
Current: 19.620
Low
16.00
Averages
25.83
High
37.00
Current: 19.620
Low
16.00
Averages
25.83
High
37.00
Morgan Stanley
Kristine Liwag
Overweight -> Equal Weight
downgrade
$37 -> $24
2026-01-16
Reason
Morgan Stanley
Kristine Liwag
Price Target
$37 -> $24
AI Analysis
2026-01-16
downgrade
Overweight -> Equal Weight
Reason
Morgan Stanley analyst Kristine Liwag downgraded Iridium to Equal Weight from Overweight with a price target of $24, down from $37. The firm sees the space technology industry as attractive in 2026. The favorable trends that drove 2025 outperformance should carry into 2026, the analyst tells investors in a research note. However, Morgan Stanley downgraded Iridium, expecting uncertainty in the early days of the company's strategic pivot to keep stock range-bound.
Clear Street
Hold
downgrade
$26 -> $21
2025-10-24
Reason
Clear Street
Price Target
$26 -> $21
2025-10-24
downgrade
Hold
Reason
Clear Street lowered the firm's price target on Iridium to $21 from $26 and keeps a Hold rating on the shares. The firm reduced the company's revenue growth estimates to reflect increased competition. The spectrum deals by Iridium's rivals are a concern, the analyst tells investors in a research note.
Unlock Full Analyst Thesis， Get the complete breakdown of rating reason for IRDM
Unlock Now
Barclays
Overweight
downgrade
$31 -> $25
2025-10-01
Reason
Barclays
Price Target
$31 -> $25
2025-10-01
downgrade
Overweight
Reason
Barclays lowered the firm's price target on Iridium to $25 from $31 and keeps an Overweight rating on the shares. The firm believes Iridium will face increasing long-term competition in its core verticals but sees value in the shares at these levels.
Barclays
Mathieu Robilliard
Overweight
downgrade
$38 -> $31
2025-07-28
Reason
Barclays
Mathieu Robilliard
Price Target
$38 -> $31
2025-07-28
downgrade
Overweight
Reason
Barclays analyst Mathieu Robilliard lowered the firm's price target on Iridium to $31 from $38 and keeps an Overweight rating on the shares. The firm reduced estimates post earnings to reflect less certain growth opportunities in Iridium's new verticals. However, the firm believes the company's growth remains attractive and the stock's valuation is supportive.
About IRDM
Iridium Communications Inc. operates the mobile voice and data satellite communications network that spans the entire globe. The Company enables connections between people, organizations and assets to and from anywhere, in real time. Together with its ecosystem of partner companies, it delivers a portfolio of solutions for markets that require global communications. Its principal vertical lines of business include land mobile, maritime, aviation, IoT, hosted payloads and other data services, which includes navigation and timing (PNT), and the United States government. Its products include Iridium 9555, Iridium Extreme satellite phones, Iridium Extreme PTT, Iridium GO! Iridium GO!, and others. It provides voice and data communications services to businesses, the United States and foreign governments, non-governmental organizations, and consumers via its satellite network, which has an architecture of 66 operational satellites with in-orbit spares and related ground infrastructure.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
