Sierra Wireless - SWIR Stock Forecast, Price & News

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sierra Wireless in the last year. There are currently 6 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" SWIR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SWIR, but not buy additional shares or sell existing shares.
View SWIR analyst ratings or view top-rated stocks.

6 Wall Street research analysts have issued 1 year price objectives for Sierra Wireless' shares. Their SWIR share price forecasts range from $18.00 to $31.00. On average, they predict the company's share price to reach $28.17 in the next year. This suggests that the stock has a possible downside of 3.2%.
View analysts price targets for SWIR or view top-rated stocks among Wall Street analysts.

Sierra Wireless' stock was trading at $17.62 at the start of the year. Since then, SWIR stock has increased by 65.1% and is now trading at $29.09.
View the best growth stocks for 2022 here.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 28th 2023.
View our SWIR earnings forecast.

Sierra Wireless, Inc. (NASDAQ:SWIR) announced its earnings results on Tuesday, November, 9th. The communications equipment provider reported ($0.56) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.90) by $0.34. The communications equipment provider earned $82.45 million during the quarter, compared to analysts' expectations of $80.90 million. Sierra Wireless had a positive trailing twelve-month return on equity of 7.64% and a negative net margin of 3.19%. During the same quarter last year, the firm earned ($0.33) EPS.

11 employees have rated Sierra Wireless Chief Executive Officer Kent Thexton on Glassdoor.com. Kent Thexton has an approval rating of 43% among the company's employees. This puts Kent Thexton in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Sierra Wireless investors own include Sierra Wireless (SW), NVIDIA (NVDA), Micron Technology (MU), Cisco Systems (CSCO), Alibaba Group (BABA), Netflix (NFLX), Intel (INTC), Advanced Micro Devices (AMD), Walt Disney (DIS) and Activision Blizzard (ATVI).

Sierra Wireless trades on the NASDAQ under the ticker symbol "SWIR."

Sierra Wireless' stock is owned by many different institutional and retail investors. Top institutional shareholders include Pentwater Capital Management LP (5.38%), TIG Advisors LLC (4.94%), P Schoenfeld Asset Management LP (4.31%), Glazer Capital LLC (4.12%), Water Island Capital LLC (3.74%) and Versor Investments LP (3.49%).

Shares of SWIR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of SWIR stock can currently be purchased for approximately $29.09.

Sierra Wireless (NASDAQ:SWIR) has a market capitalization of $1.14 billion and generates $473.21 million in revenue each year. The communications equipment provider earns $-89,020,000.00 in net income (profit) each year or ($0.57) on an earnings per share basis.

The company employs 1,007 workers across the globe.

Sierra Wireless' mailing address is 13811 WIRELESS WAY, RICHMOND A1, V6V 3A4. The official website for the company is www.sierrawireless.com. The communications equipment provider can be reached via phone at (604) 231-1100, via email at investor@sierrawireless.com, or via fax at 604-231-1109.