Sangoma Technologies (NASDAQ:SANG) Upgraded by Stifel Canada to Strong-Buy Rating

Stifel Canada upgraded shares of Sangoma Technologies (NASDAQ:SANG) to a strong-buy rating in a report published on Monday,Zacks.com reports. Stifel Canada also issued estimates for Sangoma Technologies’ Q4 2025 earnings at $0.02 EPS, FY2025 earnings at ($0.14) EPS, FY2026 earnings at $0.39 EPS and FY2027 earnings at $0.63 EPS.

Separately, TD Securities dropped their target price on Sangoma Technologies from $14.00 to $11.00 and set a “buy” rating on the stock in a research report on Wednesday, April 30th.

Sangoma Technologies Stock Up 1.5%

SANG stock opened at $6.04 on Monday. The stock has a market capitalization of $203.11 million, a P/E ratio of -28.76 and a beta of 1.41. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.86 and a quick ratio of 0.63. Sangoma Technologies has a 1-year low of $4.08 and a 1-year high of $7.99. The business has a fifty day moving average price of $4.93 and a 200-day moving average price of $5.97.

Sangoma Technologies (NASDAQ:SANG) last announced its quarterly earnings results on Thursday, May 8th. The company reported ($0.03) EPS for the quarter, hitting analysts’ consensus estimates of ($0.03). Sangoma Technologies had a negative net margin of 2.81% and a negative return on equity of 2.61%. The firm had revenue of $58.07 million during the quarter, compared to analyst estimates of $58.92 million. Equities analysts forecast that Sangoma Technologies will post -0.18 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Sangoma Technologies

Several institutional investors have recently added to or reduced their stakes in SANG. Citadel Advisors LLC purchased a new stake in shares of Sangoma Technologies during the 4th quarter worth approximately $86,000. Bank of America Corp DE raised its stake in shares of Sangoma Technologies by 198.4% in the fourth quarter. Bank of America Corp DE now owns 18,200 shares of the company’s stock valued at $130,000 after acquiring an additional 12,100 shares during the period. JPMorgan Chase & Co. raised its position in Sangoma Technologies by 375.6% in the 4th quarter. JPMorgan Chase & Co. now owns 19,500 shares of the company’s stock worth $135,000 after purchasing an additional 15,400 shares during the period. National Bank of Canada FI lifted its stake in Sangoma Technologies by 3.6% in the fourth quarter. National Bank of Canada FI now owns 74,855 shares of the company’s stock worth $521,000 after purchasing an additional 2,596 shares during the last quarter. Finally, Bard Associates Inc. boosted its position in shares of Sangoma Technologies by 2.3% during the fourth quarter. Bard Associates Inc. now owns 90,205 shares of the company’s stock valued at $644,000 after buying an additional 2,044 shares during the period. Hedge funds and other institutional investors own 39.65% of the company’s stock.

Sangoma Technologies Company Profile

Sangoma Technologies Corporation develops, manufactures, distributes, and supports voice and data connectivity components for software-based communication applications worldwide. The company offers Switchvox, a voice over internet protocol phone system; Switchvox Cloud, a unified communications solution, as well as provides cloud communication solutions.