The Globe and Mail reports in its Friday, Sept. 19, edition that Acumen Capital analyst Jim Byrne has reaffirmed his "buy" recommendation for Sangoma Technologies. The Globe's David Leeder writes in the Eye On Equities column that Mr. Byrne gave his share target a 50-cent trim to $12. Analysts on average target the shares at $11. Mr. Byrne says in a note: "The anticipated growth in FY26 will now begin in fiscal Q2 and beyond as the company's go-to-market strategy has encountered some longer sales cycles and implementations for their larger MRR projects. Management is encouraged by their forward-looking pipeline and the increased backlog. The company anticipates services revenue of 95 per cent of the total following the VOIP sale. Core services revenue (high margin SaaS) should account for 75 per cent of total revenue in FY26 and beyond." The Globe reported on May 14 that Stifel analyst Suthan Sukumar had started coverage on Sangoma Technologies with a "buy" ranking. The shares could then be had for $8.36. The Globe reported on Sept. 12 that TD Cowen analyst David Kwan had reaffirmed his "buy" ranking for Sangoma Technologies. The shares were then going for $7.61.