|Shares OS:||1.85 million|
|Current valuation:||Significantly Undervalued Market Cap less than $5mill|
|Analyst Targets:||$10 and $15 per share|
|Current Price:||below $3.00 post reverse split|
“Buy” (NASDAQ: SYTA) up to $5.00
As I previously predicted, post recap analyst upgrades!
Zachs Small Cap research using DCF valuation process says SYTA is worth $10.00 a share.
Fundamental research Corp. has SYTA as a “BUY” with fair value of $15.20 a share.
Maxim Group has a hold, however they did the most recent funding for the company, so this is to be expected.
Reasons to “BUY” (NASDAQ: SYTA)
» The company recently recapitalized after raising millions in cash. The company should be self-sustaining for a while, giving the stock time to begin to appreciate the new valuation levels.
» The current price of the stock creates an especially unique situation for investors who buy under $5.00 and wait for upcoming catalysts to be announced.
» Partnerships with major wireless carriers have the potential to generate annual revenues of $10M-$30M per partner. Specifically in the U.S. markets, SYTA has integrated into the AT&T & FirstNet, Verizon, US Cellular, and T-Mobile networks, which will market the SD7 to a wide range of verticals including law enforcement, firefighters, EMTs, paramedics, security companies, amusement parks, waste management, hotels and hospitality, and more. (pics of carriers)
UPCOMING CATALYSTS: for 100%
NEW SD7+ unit coming before the end of the year!
Siyata’s new SD7+ cellular body-cam device expands the TAM opportunity.
SYTA announced the SD7+ rugged mission-critical push-to-talk (PTT) device in collaboration with Visual Labs’ body camera software. The SD7+ has all the functionality of the SD7 with an added wide-angle camera that has live-streaming capabilities via 4G LTE networks for critical incidents.
Approximately 1.27M body cams were shipped globally in 2021, with the largest market in North America (~485K units). We speculate the potential commercialization of the SD7+ in late 2023 or early 2024. Furthermore, partnerships with body camera software providers will create a potential recurring revenue stream in addition to the recurring revenue created by Siyata’s new Real Time View video monitoring solution.
» Announcements concerning orders have been accelerating.
» Lots of traders made money trading SYTA in the past, and as news breaks, it will cause momentum in the stock.
» The stock could cause an EPIC squeeze if it breaks over $5.00 because of the small float. **only 1.8 million shares**
» The stock recap was done a while ago, and SYTA’s stock is consolidating under $3.00 for the next move up.
» Even at $10 a share, SYTA would only be a 18mill valuation***
Smart investors will be taking a position in (NASDAQ: SYTA) while it’s still under $5.00.
If it goes past $5.00, we could see EPIC squeeze to much higher levels.
Trade according to your experience, and if the company continues to execute, SYTA could reward its stakeholders over and over again.
CORPORATE REASONS TO CONSIDER - NASDAQ: SYTA
Siyata Mobile Inc. is a leading global developer and provider of cellular communications systems for enterprise customers and first responders, specializing in connected vehicle products for professional fleets. Since developing the world’s first 3G-connected vehicle device, Siyata has been a pioneer in the industry, launching the world’s first 4G LTE all-in-one fleet communications device.
SYTA targets vehicle fleets, ambulances, school buses, police vehicles, utility fleets, industrial and residential customers, and large enterprise wireless carriers around the world.