Sangoma Technologies Corp has a consensus price target of $5.63 based on the ratings of 3 analysts. The high is $8 issued by Northland Capital Markets on September 28, 2023. The low is $3.25 issued by Canaccord Genuity on November 9, 2023. The 3 most-recent analyst ratings were released by Canaccord Genuity, Northland Capital Markets, and Northland Capital Markets on November 9, 2023, September 28, 2023, and February 13, 2023, respectively. With an average price target of $8.08 between Canaccord Genuity, Northland Capital Markets, and Northland Capital Markets, there's an implied 34.72% upside for Sangoma Technologies Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Sangoma Technologies (NASDAQ:SANG) was reported by Canaccord Genuity on November 9, 2023. The analyst firm set a price target for $3.25 expecting SANG to fall to within 12 months (a possible -45.83% downside). 0 analyst firms have reported ratings in the last year.
The latest analyst rating for Sangoma Technologies (NASDAQ:SANG) was provided by Canaccord Genuity, and Sangoma Technologies downgraded their hold rating.
There is no last upgrade for Sangoma Technologies
The last downgrade for Sangoma Technologies Corp happened on November 9, 2023 when Canaccord Genuity changed their price target from $8 to $3.25 for Sangoma Technologies Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Sangoma Technologies, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Sangoma Technologies was filed on November 9, 2023 so you should expect the next rating to be made available sometime around November 9, 2024.
While ratings are subjective and will change, the latest Sangoma Technologies (SANG) rating was a downgraded with a price target of $8.00 to $3.25. The current price Sangoma Technologies (SANG) is trading at is $6.00, which is out of the analyst’s predicted range.
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