Sangoma Technologies Corporation

TSX:STC Stock Report

Market Cap: CA$168.1m

Sangoma Technologies Future Growth

Future criteria checks 0/6

Sangoma Technologies is forecast to grow earnings and revenue by 56.2% and 1.8% per annum respectively while EPS is expected to grow by 54.7% per annum.

Key information

56.2%

Earnings growth rate

54.74%

EPS growth rate

Communications earnings growth23.3%
Revenue growth rate1.8%
Future return on equityn/a
Analyst coverage

Good

Last updated14 May 2026

Recent future growth updates

Recent updates

Analysis Article • Apr 27

Sangoma Technologies Corporation's (TSE:STC) Shares Climb 28% But Its Business Is Yet to Catch Up

Those holding Sangoma Technologies Corporation ( TSE:STC ) shares would be relieved that the share price has rebounded...
Analysis Article • Feb 26

More Unpleasant Surprises Could Be In Store For Sangoma Technologies Corporation's (TSE:STC) Shares After Tumbling 27%

Sangoma Technologies Corporation ( TSE:STC ) shareholders won't be pleased to see that the share price has had a very...
Analysis Article • Jul 23

Would Sangoma Technologies (TSE:STC) Be Better Off With Less Debt?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article • May 31

There's No Escaping Sangoma Technologies Corporation's (TSE:STC) Muted Revenues Despite A 28% Share Price Rise

Despite an already strong run, Sangoma Technologies Corporation ( TSE:STC ) shares have been powering on, with a gain...
Analysis Article • May 11

Earnings Update: Here's Why Analysts Just Lifted Their Sangoma Technologies Corporation (TSE:STC) Price Target To CA$9.03

As you might know, Sangoma Technologies Corporation ( TSE:STC ) recently reported its quarterly numbers. Sangoma...
Analysis Article • Mar 30

Sangoma Technologies Corporation's (TSE:STC) Price Is Right But Growth Is Lacking After Shares Rocket 26%

Despite an already strong run, Sangoma Technologies Corporation ( TSE:STC ) shares have been powering on, with a gain...
Analysis Article • Feb 13

Sangoma Technologies Corporation (TSE:STC) Shares Fly 26% But Investors Aren't Buying For Growth

Sangoma Technologies Corporation ( TSE:STC ) shares have continued their recent momentum with a 26% gain in the last...
Analysis Article • Jul 27

Is Sangoma Technologies (TSE:STC) A Risky Investment?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article • Apr 18

Is Sangoma Technologies (TSE:STC) Using Too Much Debt?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article • Feb 12

Analysts Have Lowered Expectations For Sangoma Technologies Corporation (TSE:STC) After Its Latest Results

It's shaping up to be a tough period for Sangoma Technologies Corporation ( TSE:STC ), which a week ago released some...
Analysis Article • Sep 20

Is Sangoma Technologies (TSE:STC) Using Too Much Debt?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Earnings and Revenue Growth Forecasts

TSX:STC - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
6/30/2028227N/A32N/A1
6/30/2027211-327N/A6
6/30/2026205-917N/A5
3/31/2026213-62028N/A
12/31/2025220-62433N/A
9/30/2025227-52635N/A
6/30/2025237-53342N/A
3/31/2025238-73646N/A
12/31/2024241-74151N/A
9/30/2024244-83849N/A
6/30/2024247-93344N/A
3/31/2024250-313343N/A
12/31/2023252-302535N/A
9/30/2023252-291931N/A
6/30/2023253-291526N/A
3/31/2023255-1051425N/A
12/31/2022246-1111323N/A
9/30/2022237-1101421N/A
6/30/2022224-1111621N/A
3/31/2022208-131316N/A
12/31/2021183-81417N/A
9/30/2021157-41720N/A
6/30/202113101619N/A
3/31/202110941820N/A
12/31/202010971517N/A
9/30/20201044810N/A
6/30/202097379N/A
3/31/202090278N/A
12/31/2019922N/A6N/A
9/30/2019883N/A11N/A
6/30/2019841N/A9N/A
3/31/2019730N/A4N/A
12/31/2018620N/A6N/A
9/30/2018521N/A4N/A
6/30/2018442N/A5N/A
3/31/2018371N/A5N/A
12/31/2017301N/A5N/A
9/30/2017261N/A5N/A
6/30/2017211N/A4N/A
3/31/2017190N/A5N/A
12/31/2016180N/A4N/A
9/30/2016170N/A4N/A
6/30/2016160N/A3N/A
3/31/2016160N/A2N/A
12/31/2015140N/A3N/A
9/30/2015140N/A2N/A
6/30/2015130N/A3N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: STC is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: STC is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: STC is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: STC's revenue (1.8% per year) is forecast to grow slower than the Canadian market (4.9% per year).

High Growth Revenue: STC's revenue (1.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if STC's Return on Equity is forecast to be high in 3 years time

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/03 11:21
End of Day Share Price 2026/06/03 00:00
Earnings2026/03/31
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Sangoma Technologies Corporation is covered by 11 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jim ByrneAcumen Capital Finance Partners Limited
Gavin FairweatherATB Cormark
Deepak KaushalBMO Capital Markets Equity Research