Tag: Iridium

Iridium (IRDM) has a 12-month baseline target price of 1 TP 4 T 45 (approx. 68,400 KRW) and a Hold rating. Although the stock possesses stable IoT and government revenue based on a network of 66 LEO satellites and growth options from Project Stardust D2D, it is currently in a high-valuation zone where the current price exceeds the average analyst target price due to a surge of 1,931 TP 3 T since the beginning of the year. Analysis date: June 10, 2026, applicable exchange rate: 1 USD = 1,520 KRW.