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Sangoma Technologies (SANG) Stock Forecast & Price Target

Sangoma Technologies logo
$6.21
+0.21 (+3.50%)
(As of 11/1/2024 ET)

Sangoma Technologies - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
2
Buy
0

Based on 2 Wall Street analysts who have issued ratings for Sangoma Technologies in the last 12 months, the stock has a consensus rating of "Hold." Out of the 2 analysts, 2 have given a hold rating for SANG.

Consensus Price Target

$3.25
-47.67% Downside
According to the 2 analysts' twelve-month price targets for Sangoma Technologies, the average price target is $3.25. The highest price target for SANG is $3.25, while the lowest price target for SANG is $3.25. The average price target represents a forecasted downside of -47.67% from the current price of $6.21.
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SANG Analyst Ratings Over Time

TypeCurrent Forecast
11/3/23 to 11/2/24
1 Month Ago
10/4/23 to 10/3/24
3 Months Ago
8/5/23 to 8/4/24
1 Year Ago
11/3/22 to 11/3/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
0 Buy rating(s)
0 Buy rating(s)
1 Buy rating(s)
4 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
3 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$3.25$3.25$4.83$10.00
Forecasted Upside-47.67% Downside-44.16% Downside-4.29% Downside224.68% Upside
Consensus Rating
Hold
Hold
Hold
Moderate Buy

SANG Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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SANG Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Sangoma Technologies Stock vs. The Competition

TypeSangoma TechnologiesComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.00
2.67
2.50
Consensus RatingHoldModerate BuyHold
Predicted Upside-47.67% Downside626.58% Upside10.56% Upside
News Sentiment Rating
Neutral News

See Recent SANG News
Neutral News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/9/2023Canaccord Genuity Group
1 of 5 stars
 Reiterated RatingBuy ➝ Hold$8.00 ➝ $3.25+7.26%
9/28/2023TD Securities
4 of 5 stars
 DowngradeBuy ➝ Hold
9/28/2023Northland Securities
4 of 5 stars
 Lower TargetOutperform ➝ Outperform$13.00 ➝ $8.00+112.77%
5/12/2023William Blair
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M. Stotler
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Reiterated RatingOutperform
11/14/2022Lake Street Capital
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 Lower Target$15.00 ➝ $12.00+155.32%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 06:19 AM ET.


SANG Forecast - Frequently Asked Questions

According to the research reports of 2 Wall Street equities research analysts, the average twelve-month stock price forecast for Sangoma Technologies is $3.25, with a high forecast of $3.25 and a low forecast of $3.25.

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sangoma Technologies in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SANG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SANG, but not buy additional shares or sell existing shares.

According to analysts, Sangoma Technologies's stock has a predicted downside of -47.67% based on their 12-month stock forecasts.

Analysts like Sangoma Technologies less than other "computer and technology" companies. The consensus rating for Sangoma Technologies is Hold while the average consensus rating for "computer and technology" companies is Moderate Buy. Learn more on how SANG compares to other companies.


This page (NASDAQ:SANG) was last updated on 11/2/2024 by MarketBeat.com Staff
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