Sierra Wireless - SWIR Stock Forecast, Price & News

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sierra Wireless in the last twelve months. 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.
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6 equities research analysts have issued twelve-month target prices for Sierra Wireless' shares. Their SWIR share price forecasts range from $18.00 to $31.00. On average, they predict the company's stock price to reach $28.17 in the next twelve months. This suggests that the stock has a possible downside of 9.1%.
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Sierra Wireless' stock was trading at $28.99 at the start of the year. Since then, SWIR stock has increased by 6.9% and is now trading at $30.99.
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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 quarterly earnings results on Thursday, November, 10th. The communications equipment provider reported $0.17 earnings per share for the quarter, missing the consensus estimate of $0.32 by $0.15. The communications equipment provider had revenue of $166.06 million for the quarter, compared to the consensus estimate of $189.30 million. Sierra Wireless had a positive trailing twelve-month return on equity of 7.64% and a negative net margin of 3.19%.

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 a variety of retail and institutional investors. Top institutional investors include Versor Investments LP (3.39%), Tokio Marine Asset Management Co. Ltd. (1.08%), Dupont Capital Management Corp (0.34%), Tealwood Asset Management Inc. (0.20%), Havens Advisors LLC (0.19%) and National Bank of Canada FI (0.01%).

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.
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One share of SWIR stock can currently be purchased for approximately $30.99.

Sierra Wireless (NASDAQ:SWIR) has a market capitalization of $1.21 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.