Sangoma Technologies Corporation (SANG)
NASDAQ: SANG · IEX Real-Time Price · USD
4.630
+0.010 (0.22%)
At close: Apr 16, 2024, 3:57 PM
4.490
-0.140 (-3.02%)
After-hours: Apr 16, 2024, 4:00 PM EDT

Sangoma Technologies Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for SANG stock have an average target of 5.63, with a low estimate of 3.25 and a high estimate of 8.00. The average target predicts an increase of 21.60% from the current stock price of 4.63.

Analyst Consensus: Buy
Target Low Average Median High
Price $3.25 $5.63 $8.00 $8.00
Change -29.81% +21.60% +72.79% +72.79%
* Price targets were last updated on Nov 9, 2023.

Analyst Ratings

The average analyst rating for SANG stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Nov '23Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 000000
Buy 111111
Hold 111111
Sell 000000
Strong Sell 000000
Total 222222

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Canaccord Genuity
Canaccord Genuity
Hold
Downgrades
$8$3.25
Hold Downgrades $8$3.25 -29.81% Nov 9, 2023
Northland Capital Markets
Northland Capital Markets
Buy
Maintains
$13$8
Buy Maintains $13$8 +72.79% Sep 28, 2023
Northland Capital Markets
Northland Capital Markets
Buy
Maintains
$15$13
Buy Maintains $15$13 +180.78% Feb 13, 2023
Canaccord Genuity
Canaccord Genuity
Strong Buy
Maintains
$13$12
Strong Buy Maintains $13$12 +159.18% Feb 13, 2023
Canaccord Genuity
Canaccord Genuity
Strong Buy
Maintains
$21$13
Strong Buy Maintains $21$13 +180.78% Sep 28, 2022
More Analyst Ratings

Financial Forecast

Revenue This Year
250.85M
from 252.53M
Decreased by -0.67%
Revenue Next Year
261.96M
from 250.85M
Increased by 4.43%
EPS This Year
-0.25
from -0.88
EPS Next Year
-0.07
from -0.25
Year 2020202120222023202420252026
Revenue
131.42M131.38M224.35M252.53M250.85M261.96M290.38M
Revenue Growth
--0.03%70.76%12.56%-0.67%4.43%10.85%
EPS
0.380.01-3.52-0.88-0.25-0.070.05
EPS Growth
--97.35%-----
No. Analysts ----652
Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 262.0M 283.1M 301.9M
Avg 250.9M 262.0M 290.4M
Low 241.5M 246.7M 281.8M

Revenue Growth

Revenue Growth 202420252026
High
3.7%
12.8%
15.2%
Avg
-0.7%
4.4%
10.8%
Low
-4.4%
-1.7%
7.6%

EPS Forecast

EPS 202420252026
High -0.22 -0.03 0.05
Avg -0.25 -0.07 0.05
Low -0.27 -0.11 0.05

EPS Growth

EPS Growth 202420252026
High - - -
Avg - - -
Low - - -
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.