iQSTEL (IQST) AI Stock Analysis

• Market Cap: $8.47M
• Dividend Yield: N/A
• Average Volume (3M): 64.59K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.30
• Revenue Growth: 43.19%
• EPS Growth: -63.65%
• Country: US
• Employees: 100
• Sector: Communication Services
• Sector Strength: 97
• Industry: Telecommunications Services
• EPS (TTM): N/A
• Shares Outstanding: 5,070,743
• 10 Day Avg. Volume: 46,800
• 30 Day Avg. Volume: 64,591
• PEG Ratio: >-0.01
• Price to Book (P/B): 0.90
• Price to Sales (P/S): 0.03
• P/FCF Ratio: -2.54
• Enterprise Value/Market Cap: 0.80
• Enterprise Value/Revenue: 0.02
• Enterprise Value/Gross Profit: 0.74
• Enterprise Value/Ebitda: -1.72
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 51 Neutral
• Price Target: $2.50 ▼(-38.88% Downside)
• Action: Reiterated Date: 04/11/26
• Date: Action: Reiterated 04/11/26

The score is held back primarily by weak financial quality—thin margins, ongoing operating losses, and persistently negative free cash flow—despite strong revenue scaling and improved leverage. Technicals are mixed (near-term strength but longer-term downtrend), while valuation is reasonable on P/E but lacks dividend support and is less compelling given cash burn. Corporate updates are broadly positive on profitability ambitions but offset by dilution risk from preferred conversion terms.

Positive Factors

Revenue Scaling

Multi-year revenue growth to a roughly $317M base shows durable market demand and effective distribution. Scale increases bargaining power with carriers, supports operating leverage and provides a larger base to monetize higher-margin services, improving the odds of sustainable profit over time.

Negative Factors

Thin Margins & Cash Burn

Very thin gross margins and persistent negative operating and free cash flow mean the company struggles to convert revenue into internally generated capital. Continued cash burn raises dependency on external financing and constrains sustainable reinvestment and margin recovery prospects.

iQSTEL Business Overview & Revenue Model

Company Description

iQSTEL Inc., through its subsidiary, Etelix.com USA, LLC, provides telecom and technology solutions. It provides international long-distance voice services (ILD wholesale) for telecommunications operator; and submarine fiber optic network capacity...

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iQSTEL Inc., through its subsidiary, Etelix.com USA, LLC, provides telecom and technology solutions. It provides international long-distance voice services (ILD wholesale) for telecommunications operator; and submarine fiber optic network capacity...

How the Company Makes Money

iQSTEL primarily generates revenue through its telecommunications subsidiaries by selling carrier and wholesale telecom services—most notably international voice traffic termination (routing call minutes across networks) and related interconnectio...

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iQSTEL primarily generates revenue through its telecommunications subsidiaries by selling carrier and wholesale telecom services—most notably international voice traffic termination (routing call minutes across networks) and related interconnectio...

iQSTEL Financial Statement Overview

Breakdown	Mar 2026	Mar 2025	Dec 2023	Mar 2023	Mar 2022
Income Statement
Total Revenue	316.90M	283.22M	144.50M	93.20M	64.70M
Gross Profit	8.83M	8.27M	4.67M	1.79M	1.53M
EBITDA	-1.46M	-2.13M	4.21K	-5.72M	-3.10M
Net Income	-9.16M	-5.99M	-763.26K	-5.97M	-3.84M
Balance Sheet
Total Assets	51.09M	79.01M	22.16M	12.55M	9.06M
Cash, Cash Equivalents and Short-Term Investments	2.16M	2.51M	1.36M	1.33M	3.33M
Total Debt	4.18M	8.05M	953.57K	438.44K	674.05K
Total Liabilities	34.81M	67.11M	14.11M	6.71M	2.64M
Stockholders Equity	11.16M	7.22M	8.42M	6.76M	7.42M
Cash Flow
Free Cash Flow	-3.96M	-3.08M	-1.70M	-1.88M	-3.38M
Operating Cash Flow	-3.84M	-2.93M	-1.48M	-1.77M	-3.15M
Investing Cash Flow	-239.65K	-3.16M	-332.55K	-2.00M	-511.35K
Financing Cash Flow	3.73M	7.24M	1.83M	1.77M	6.25M

iQSTEL Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 4.09
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IQST, the sentiment is Negative. The current price of 4.09 is above the 20-day moving average (MA) of 1.73, above the 50-day MA of 1.91, and below the 200-day MA of 4.77, indicating a bearish trend. The MACD of -0.07 indicates Negative momentum. The RSI at 45.02 is Neutral, neither overbought nor oversold. The STOCH value of 10.29 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IQST.

iQSTEL Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CXDO	74 Outperform	$199.69M	37.87	8.50%	―	12.91%	222.63%
UCL	61 Neutral	$48.76M	0.98	24.11%	―	-2.61%	85.42%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
ATNI	59 Neutral	$410.16M	-23.34	-3.26%	4.63%	-3.10%	66.00%
KORE	54 Neutral	$160.92M	-1,321.16	45.15%	―	0.06%	55.55%
IQST	51 Neutral	$8.47M	-0.80	-72.25%	―	43.19%	-63.65%
FNGR	44 Neutral	$61.28M	-12.04	-42.52%	―	15.09%	13.28%

iQSTEL Corporate Events