$6.37
1.77[38.48%]
At close: Apr 9
$6.37
0[0.00%]
PreMarket: 1:16AM EDT
Sangoma Technologies
(NASDAQ:SANG)Sangoma Technologies Stock (NASDAQ:SANG), Analyst Ratings, Price Targets, Predictions
Sangoma Technologies Corp has a consensus price target of $3.75, established from looking at the 7 latest analyst ratings. The last 3 analyst ratings were released from Canaccord Genuity, Northland Capital Markets, and Northland Capital Markets on November 9, 2023, September 28, 2023, and February 13, 2023. With an average price target of $8.08 between Canaccord Genuity, Northland Capital Markets, and Northland Capital Markets, there's an implied 26.90% upside for Sangoma Technologies Corp from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Canaccord Genuity
Northland Capital Markets
William Blair
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Sangoma Technologies
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 11/09/2023 | Buy Now | -48.98% | Canaccord Genuity | Robert Young | $8 → $3.25 | Downgrade | Buy → Hold | Get Alert |
| 09/28/2023 | Buy Now | 25.59% | Northland Capital Markets | Michael Latimore | $13 → $8 | Maintains | Outperform | Get Alert |
| 02/13/2023 | Buy Now | 104.08% | Northland Capital Markets | Michael Latimore | $15 → $13 | Maintains | Outperform | Get Alert |
| 02/13/2023 | Buy Now | 88.38% | Canaccord Genuity | Robert Young | $13 → $12 | Maintains | Buy | Get Alert |
| 09/28/2022 | Buy Now | 104.08% | Canaccord Genuity | Robert Young | $21 → $13 | Maintains | Buy | Get Alert |
| 09/22/2022 | Buy Now | — | William Blair | Jim Breen | — | Initiates | → Outperform | Get Alert |
| 05/26/2022 | Buy Now | 182.57% | Northland Capital Markets | Michael Latimore | → $18 | Initiates | → Outperform | Get Alert |
FAQ
What is the target price for Sangoma Technologies (SANG)?
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 -48.98% downside). 2 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Sangoma Technologies (SANG)?
The latest analyst rating for Sangoma Technologies (NASDAQ: SANG) was provided by Canaccord Genuity, and Sangoma Technologies downgraded their hold rating.
When was the last upgrade for Sangoma Technologies (SANG)?
There is no last upgrade for Sangoma Technologies.
When was the last downgrade for Sangoma Technologies (SANG)?
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.
When is the next analyst rating going to be posted or updated for Sangoma Technologies (SANG)?
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.
Is the Analyst Rating Sangoma Technologies (SANG) correct?
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 $6.37, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.