NYSE:SQNS Sequans Communications - SQNS Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Sequans Communications S.A. Please log in to your account or sign up in order to add this asset to your watchlist. $2.12 -0.07 (-3.20%) (As of 03/24/2023 04:29 PM ET) Add Compare Share Share Today's Range$2.11▼$2.2050-Day Range$2.18▼$3.3052-Week Range$2.11▼$4.17Volume37,577 shsAverage Volume65,408 shsMarket Capitalization$101.61 millionP/E RatioN/ADividend YieldN/APrice Target$6.00 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Sequans Communications MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside183.0% Upside$6.00 Price TargetShort InterestHealthy0.04% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.09Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.56) to ($0.18) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.21 out of 5 starsComputer And Technology Sector268th out of 604 stocksSemiconductors & Related Devices Industry35th out of 86 stocks 3.5 Analyst's Opinion Consensus RatingSequans Communications has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $6.00, Sequans Communications has a forecasted upside of 183.0% from its current price of $2.12.Amount of Analyst CoverageSequans Communications has only been the subject of 2 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.04% of the float of Sequans Communications has been sold short.Short Interest Ratio / Days to CoverSequans Communications has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Sequans Communications has recently decreased by 15.21%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldSequans Communications does not currently pay a dividend.Dividend GrowthSequans Communications does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SQNS. Previous Next 2.3 News and Social Media Coverage News SentimentSequans Communications has a news sentiment score of 0.09. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.37 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Sequans Communications this week, compared to 1 article on an average week.Search InterestOnly 4 people have searched for SQNS on MarketBeat in the last 30 days. This is a decrease of -43% compared to the previous 30 days.MarketBeat Follows6 people have added Sequans Communications to their MarketBeat watchlist in the last 30 days. This is an increase of 500% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Sequans Communications insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 9.40% of the stock of Sequans Communications is held by insiders.Percentage Held by Institutions54.45% of the stock of Sequans Communications is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Sequans Communications are expected to grow in the coming year, from ($0.56) to ($0.18) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Sequans Communications is -11.16, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Sequans Communications is -11.16, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioSequans Communications has a P/B Ratio of 53.00. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Sequans Communications (NYSE:SQNS) StockSequans Communications SA engages in the design, development, and supply of cellular semiconductor solutions for the broadband and Internet of Things (IoT) markets. The firm offers 5G and 4G chips and modules for non-smartphone devices. Its products and solutions include chips, modules, development kits, and custom technology solutions. The company was founded by Georges Karam and Bertrand Debray in September 2003 and is headquartered in Colombes, France.Read More Receive SQNS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Sequans Communications and its competitors with MarketBeat's FREE daily newsletter. Email Address SQNS Stock News HeadlinesMarch 23, 2023 | americanbankingnews.comSequans Communications (NYSE:SQNS) Rating Increased to Hold at StockNews.comMarch 18, 2023 | seekingalpha.comSequans Communications: Still Has A Lot To ProveMarch 24, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.March 17, 2023 | americanbankingnews.comSequans Communications (NYSE:SQNS) Rating Lowered to Sell at StockNews.comMarch 4, 2023 | seekingalpha.comSQNS Sequans Communications S.A.March 2, 2023 | finance.yahoo.comSequans to Participate in the 35th Annual Roth ConferenceFebruary 21, 2023 | finance.yahoo.comNext Meters Selects Sequans Monarch 2 for Smart Utility Metering Systems in North AmericaFebruary 16, 2023 | markets.businessinsider.comSequans Communications (spons ADRs) earnings: here's what Wall Street expectsMarch 24, 2023 | Weiss Ratings (Ad)Fed's Shocking New Plan to Control Your MoneyThe Federal Reserve has a disturbing plan that is getting ready to roll out as soon as May. This is a lot more than printing trillions of dollars or manipulating interest rates. It's about every checking account, every purchase and every money transfer in America — including yours and mine. February 15, 2023 | finance.yahoo.comThe Consensus EPS Estimates For Sequans Communications S.A. (NYSE:SQNS) Just Fell DramaticallyJanuary 8, 2023 | finance.yahoo.comInvestors in Sequans Communications (NYSE:SQNS) have unfortunately lost 60% over the last five yearsDecember 30, 2022 | finance.yahoo.comSequans Announces Conference Call to Review Fourth Quarter and Year-End 2022 ResultsDecember 6, 2022 | finance.yahoo.comNew FlorLink SmartHub for Retail Enterprises Now Connected by Sequans Monarch 2 Cellular IoT ModuleNovember 2, 2022 | seekingalpha.comSequans Communications S.A. (SQNS) CEO Georges Karam on Q3 2022 Results - Earnings Call TranscriptNovember 2, 2022 | finance.yahoo.comSequans Communications Announces Third Quarter 2022 Financial ResultsOctober 10, 2022 | finance.yahoo.comWhat Makes Sequans (SQNS) a New Strong Buy StockSeptember 30, 2022 | finance.yahoo.comSequans Announces Conference Call to Review Third Quarter 2022 ResultsSeptember 29, 2022 | nasdaq.comSequans Communications (NYSE:SQNS) investors are sitting on a loss of 54% if they invested five years agoSeptember 27, 2022 | finance.yahoo.comPowercast Creates Cellular-Based Remote RF Wireless Charging Platform to Enable Mobile Carriers to Offer Power as a ServiceSeptember 22, 2022 | finance.yahoo.comShould You Buy Sequans (SQNS) After Golden Cross?September 14, 2022 | finance.yahoo.comSequans Communications S.A. (NYSE:SQNS) is definitely on the radar of hedge funds investors who own 35% of the companyAugust 30, 2022 | finance.yahoo.comSequans Communications Closes Multi-Year Strategic 5G Partnership AgreementAugust 2, 2022 | seekingalpha.comSequans Communications S.A.'s (SQNS) CEO Georges Karam on Q2 2022 Results - Earnings Call TranscriptAugust 2, 2022 | finance.yahoo.comSequans Communications Announces Second Quarter 2022 Financial ResultsAugust 1, 2022 | finance.yahoo.comSequans Communications (NYSE:SQNS) shareholders have endured a 73% loss from investing in the stock five years agoJuly 18, 2022 | finance.yahoo.comSequans to Participate in the Canaccord Genuity 42nd Annual Growth Conference on August 10, 2022July 1, 2022 | finance.yahoo.comSequans Communications S.A.'s (NYSE:SQNS) Profit OutlookSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive SQNS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Sequans Communications and its competitors with MarketBeat's FREE daily newsletter. Email Address SQNS Company Calendar Last Earnings11/01/2021Today3/24/2023Next Earnings (Estimated)5/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Semiconductors & related devices Sub-IndustryN/A SectorComputer and Technology Current SymbolNYSE:SQNS CUSIPN/A CIK1383395 Webwww.sequans.com Phone(317) 072-1600Fax33-1-70-72-16-09Employees262Year FoundedN/APrice Target and Rating Average Stock Price Forecast$6.00 High Stock Price Forecast$7.00 Low Stock Price Forecast$5.00 Forecasted Upside/Downside+183.0%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.19) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-9,010,000.00 Net Margins-14.88% Pretax Margin-10.34% Return on Equity-190.73% Return on Assets-10.28% Debt Debt-to-Equity Ratio23.26 Current Ratio1.10 Quick Ratio0.84 Sales & Book Value Annual Sales$60.55 million Price / Sales1.68 Cash Flow$0.02 per share Price / Cash Flow90.45 Book Value$0.04 per share Price / Book53.00Miscellaneous Outstanding Shares47,930,000Free Float43,424,000Market Cap$101.61 million OptionableNot Optionable Beta0.88 Key ExecutivesGeorges M. KaramChairman, President & Chief Executive OfficerDanny KedarChief Operating OfficerDeborah ChoateChief Financial OfficerFabien BudaVice President-Research & DevelopmentPing Lin ChuangEVP & General Manager-Massive IoT BusinessKey CompetitorsKopinNASDAQ:KOPNPixelworksNASDAQ:PXLWApplied OptoelectronicsNASDAQ:AAOIO2Micro InternationalNASDAQ:OIIMQuickLogicNASDAQ:QUIKView All CompetitorsInstitutional OwnershipB. Riley Asset Management LLCBought 590,000 shares on 2/15/2023Ownership: 10.855%Boothbay Fund Management LLCBought 600,193 shares on 2/15/2023Ownership: 3.234%North Run Capital LPBought 44,877 shares on 2/15/2023Ownership: 2.650%Masters Capital Management LLCBought 23,210 shares on 2/15/2023Ownership: 2.086%Millennium Management LLCBought 33,922 shares on 2/15/2023Ownership: 0.071%View All Institutional Transactions SQNS Stock - Frequently Asked Questions Should I buy or sell Sequans Communications stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sequans Communications in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" SQNS shares. View SQNS analyst ratings or view top-rated stocks. What is Sequans Communications' stock price forecast for 2023? 2 analysts have issued 12-month target prices for Sequans Communications' shares. Their SQNS share price forecasts range from $5.00 to $7.00. On average, they expect the company's share price to reach $6.00 in the next twelve months. This suggests a possible upside of 183.0% from the stock's current price. View analysts price targets for SQNS or view top-rated stocks among Wall Street analysts. How have SQNS shares performed in 2023? Sequans Communications' stock was trading at $3.32 at the beginning of the year. Since then, SQNS stock has decreased by 36.1% and is now trading at $2.12. View the best growth stocks for 2023 here. Are investors shorting Sequans Communications? Sequans Communications saw a drop in short interest in February. As of February 28th, there was short interest totaling 18,400 shares, a drop of 15.2% from the February 13th total of 21,700 shares. Based on an average daily volume of 71,700 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the shares of the stock are short sold. View Sequans Communications' Short Interest. When is Sequans Communications' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 2nd 2023. View our SQNS earnings forecast. How were Sequans Communications' earnings last quarter? Sequans Communications S.A. (NYSE:SQNS) posted its quarterly earnings results on Monday, November, 1st. The semiconductor company reported ($0.14) EPS for the quarter, beating the consensus estimate of ($0.19) by $0.05. The semiconductor company earned $11.89 million during the quarter, compared to the consensus estimate of $12.75 million. Sequans Communications had a negative trailing twelve-month return on equity of 190.73% and a negative net margin of 14.88%. During the same quarter in the prior year, the business posted ($0.30) earnings per share. When did Sequans Communications' stock split? Shares of Sequans Communications reverse split on the morning of Friday, November 29th 2019. The 1-4 reverse split was announced on Friday, November 15th 2019. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, November 27th 2019. An investor that had 100 shares of stock prior to the reverse split would have 25 shares after the split. What guidance has Sequans Communications issued on next quarter's earnings? Sequans Communications updated its first quarter 2023 earnings guidance on Tuesday, February, 14th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $12.00 million-$12.00 million, compared to the consensus revenue estimate of $14.87 million. What is Georges Karam's approval rating as Sequans Communications' CEO? 5 employees have rated Sequans Communications Chief Executive Officer Georges Karam on Glassdoor.com. Georges Karam has an approval rating of 89% among the company's employees. What other stocks do shareholders of Sequans Communications own? Based on aggregate information from My MarketBeat watchlists, some companies that other Sequans Communications investors own include Inseego (INSG), Nokia Oyj (NOK), Inovio Pharmaceuticals (INO), Advanced Micro Devices (AMD), Block (SQ), Moderna (MRNA), NVIDIA (NVDA), Pfizer (PFE), Telefonaktiebolaget LM Ericsson (publ) (ERIC) and Micron Technology (MU). What is Sequans Communications' stock symbol? Sequans Communications trades on the New York Stock Exchange (NYSE) under the ticker symbol "SQNS." Who are Sequans Communications' major shareholders? Sequans Communications' stock is owned by many different institutional and retail investors. Top institutional shareholders include B. Riley Asset Management LLC (10.85%), Boothbay Fund Management LLC (3.23%), North Run Capital LP (2.65%), Masters Capital Management LLC (2.09%), Roubaix Capital LLC (0.98%) and B. Riley Securities Inc. (0.78%). How do I buy shares of Sequans Communications? Shares of SQNS 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. What is Sequans Communications' stock price today? One share of SQNS stock can currently be purchased for approximately $2.12. How much money does Sequans Communications make? Sequans Communications (NYSE:SQNS) has a market capitalization of $101.61 million and generates $60.55 million in revenue each year. The semiconductor company earns $-9,010,000.00 in net income (profit) each year or ($0.19) on an earnings per share basis. How many employees does Sequans Communications have? The company employs 262 workers across the globe. How can I contact Sequans Communications? Sequans Communications' mailing address is 15-55 BLVD CHARLES DE GAULLE, COLOMBES I0, 92700. The official website for the company is www.sequans.com. The semiconductor company can be reached via phone at (317) 072-1600, via email at ir@sequans.com, or via fax at 33-1-70-72-16-09. This page (NYSE:SQNS) was last updated on 3/24/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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