Sangoma Technologies Corporation (SANG)
NASDAQ: SANG · IEX Real-Time Price · USD
4.385
+0.015 (0.34%)
At close: Apr 25, 2024, 3:59 PM
2.600
-1.785 (-40.71%)
After-hours: Apr 25, 2024, 5:09 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 28.39% from the current stock price of 4.39.
Analyst Consensus: Buy
* 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 '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Canaccord Genuity | Canaccord Genuity | Strong Buy → Hold Downgrades $8 → $3.25 | Strong Buy → Hold | Downgrades | $8 → $3.25 | -25.88% | Nov 9, 2023 |
| Northland Capital Markets | Northland Capital Markets | Buy Maintains $13 → $8 | Buy | Maintains | $13 → $8 | +82.44% | Sep 28, 2023 |
| Northland Capital Markets | Northland Capital Markets | Buy Maintains $15 → $13 | Buy | Maintains | $15 → $13 | +196.47% | Feb 13, 2023 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $13 → $12 | Strong Buy | Maintains | $13 → $12 | +173.66% | Feb 13, 2023 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $21 → $13 | Strong Buy | Maintains | $21 → $13 | +196.47% | Sep 28, 2022 |
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
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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 | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.7% | 12.8% | 15.2% |
| Avg | -0.7% | 4.4% | 10.8% |
| Low | -4.4% | -1.7% | 7.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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 | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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.