IQSTEL Inc. (NASDAQ: IQST), a dynamic holding company with a broad portfolio spanning telecommunications, fintech, and artificial intelligence, is aggressively pursuing its ambitious goal of reaching $1 billion in revenue by 2027. With a series of strategic acquisitions and partnerships, the company is expanding its global footprint and technological capabilities, positioning itself as a formidable player in high-growth industries.
The company's recent financial performance underscores its growth momentum, reporting preliminary revenue of $128.8 million for the first half of 2025, with June alone contributing $27.3 million. IQSTEL's CEO, Leandro Iglesias, expressed optimism about the company's trajectory, citing the integration of recent acquisitions like Globetopper, expected to add $5-6 million in monthly revenue, as a key driver for achieving its $340 million revenue forecast for 2025.
Beyond revenue growth, IQSTEL is also making strides in strengthening its financial health, having reduced its debt by $6.9 million, which translates to approximately $2 per share, thereby enhancing its net stockholders' equity and operational flexibility. This financial prudence, combined with its aggressive growth strategy, has caught the attention of Litchfield Hills Research, which has issued a buy rating for IQSTEL with a price target of $18 per share, nearly double its recent trading price.
Litchfield Hills Research highlights IQSTEL's robust telecom operations, asset-light model, and disciplined approach to mergers and acquisitions as foundational to its success. The investment firm also lauds CEO Leandro Iglesias's leadership and vision, attributing the company's achievements to his extensive industry contacts and ability to execute strategic initiatives effectively.
With its eyes set on significant revenue milestones and a stock that analysts believe is undervalued, IQSTEL represents a compelling narrative in the telecom, fintech, and AI sectors. The company's strategic acquisitions, such as Globetopper, and innovative products like IQ2Call.ai, underscore its commitment to leveraging technology for growth, making it a company to watch in the coming years.
