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iQSTEL ( (IQST) ) has provided an update.
iQSTEL, Inc. has released a corporate presentation outlining its current operations, major projects, and strategic growth plans. The company has experienced significant growth since its inception, expanding its telecommunications portfolio and incorporating fintech, AI, and cybersecurity services. With a robust commercial platform and a vision for global connectivity, iQSTEL is on track to achieve its 2025 revenue forecast of $340 million, with plans to further increase its revenue run rate to $1 billion by 2027. This growth reflects the company’s commitment to innovation and its strategic positioning in the global market.
The most recent analyst rating on (IQST) stock is a Hold with a $4.00 price target. To see the full list of analyst forecasts on iQSTEL stock, see the IQST Stock Forecast page.
Spark’s Take on IQST Stock
According to Spark, TipRanks’ AI Analyst, IQST is a Neutral.
The overall stock score is primarily impacted by weak financial performance and technical indicators. The company’s ongoing profitability and cash flow challenges, coupled with bearish market momentum, weigh heavily on the score. The valuation is unattractive due to a negative P/E ratio and lack of dividend yield. The special stock dividend is a positive corporate event but does not significantly influence the overall score.
To see Spark’s full report on IQST stock, click here.
More about iQSTEL
iQSTEL, Inc. is a publicly traded company on the NASDAQ Capital Market, specializing in telecommunications services, fintech, proprietary AI, and cybersecurity. The company has a global presence with operations spanning multiple continents and maintains over 600 network interconnections, providing international voice, SMS, and connectivity services. iQSTEL aims to become a $1 billion revenue company by 2027, leveraging its unique value proposition in the telecommunications carrier services arena.
Average Trading Volume: 95,245
Technical Sentiment Signal: Sell
Current Market Cap: $18.01M
See more insights into IQST stock on TipRanks’ Stock Analysis page.