IQSTEL sets $15 million EBITDA target for 2026, plans acquisitions

IQSTEL Inc. (NASDAQ: IQST) announced a growth strategy targeting a $15 million EBITDA run rate in 2026 as part of its plan to reach $1 billion in revenue by 2027, according to a company press release.

The multinational technology company said it has already achieved a $400 million revenue run rate and plans to execute what it calls a "two-pronged strategy" involving strategic acquisitions and operational streamlining.

For acquisitions, IQSTEL said it is pursuing 2-3 targets, with each expected to add approximately $5 million in EBITDA run rate. The company plans to finance these acquisitions using commercial bank debt and preferred shares.

"The execution of our 2025 plan sets us firmly on the path to deliver a $15 million EBITDA run rate by 2026, a crucial step toward our $1 billion revenue goal for 2027," said CEO Leandro Iglesias.

The company noted that approximately 12 institutional investors now hold about 4% of IQSTEL's shares, 120 days after its NASDAQ uplisting. Research firm Litchfield Hills Research maintained an $18 price target for the stock following a review of the company's Q2 2025 10-Q filing.

IQSTEL operates across telecom, fintech, AI-powered telecom platforms, and cybersecurity sectors in 21 countries with 100 employees. The company forecasts $340 million in revenue for fiscal year 2025.

The press release included forward-looking statements and noted that EBITDA calculations exclude certain items not considered representative of actual operating performance, including derivative liability changes and stock-based compensation.

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