Sangoma Technologies (NASDAQ:SANG) Stock Rating Upgraded by Stifel Canada

Sangoma Technologies (NASDAQ:SANG - Get Free Report) was upgraded by equities researchers at Stifel Canada to a "strong-buy" rating in a report released 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 shares of Sangoma Technologies from $14.00 to $11.00 and set a "buy" rating for the company in a research report on Wednesday, April 30th.

Sangoma Technologies Stock Performance

Shares of SANG opened at $6.04 on Monday. The company has a market cap of $203.11 million, a PE 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. The firm has a 50-day moving average of $4.93 and a 200-day moving average of $5.97. Sangoma Technologies has a one year low of $4.08 and a one year high of $7.99.

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

Hedge Funds Weigh In On Sangoma Technologies

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Alberta Investment Management Corp boosted its stake in shares of Sangoma Technologies by 11.9% in the 4th quarter. Alberta Investment Management Corp now owns 1,204,274 shares of the company's stock valued at $8,373,000 after purchasing an additional 127,808 shares during the last quarter. Bard Associates Inc. boosted its stake in shares of Sangoma Technologies by 2.3% in the 4th quarter. Bard Associates Inc. now owns 90,205 shares of the company's stock valued at $644,000 after purchasing an additional 2,044 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its stake in shares of Sangoma Technologies by 47.8% in the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 215,533 shares of the company's stock valued at $1,497,000 after purchasing an additional 69,700 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Sangoma Technologies by 375.6% in the 4th quarter. JPMorgan Chase & Co. now owns 19,500 shares of the company's stock valued at $135,000 after purchasing an additional 15,400 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its stake in shares of Sangoma Technologies by 1,171.1% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 142,879 shares of the company's stock valued at $993,000 after purchasing an additional 131,638 shares during the last quarter. 39.65% of the stock is currently owned by institutional investors and hedge funds.

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.

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