Sequans Communications Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sequans Communications in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Sequans Communications stock.
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Sequans Communications saw a increase in short interest in the month of January. As of January 29th, there was short interest totaling 1,400,000 shares, an increase of 27.3% from the January 14th total of 1,100,000 shares. Based on an average daily volume of 657,000 shares, the short-interest ratio is presently 2.1 days. Currently, 5.2% of the company's shares are sold short.
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Sequans Communications is scheduled to release its next quarterly earnings announcement on Thursday, April 22nd 2021.
View our earnings forecast for Sequans Communications.

Sequans Communications S.A. (NYSE:SQNS) issued its quarterly earnings results on Monday, February, 8th. The semiconductor company reported ($0.28) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.24) by $0.04.
View Sequans Communications' earnings history.

Sequans Communications' stock was trading at $4.75 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, SQNS stock has increased by 37.3% and is now trading at $6.52.
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Shares of Sequans Communications reverse split on 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 Sequans Communications stock prior to the reverse split would have 25 shares after the split.

Sequans Communications issued an update on its fourth quarter 2020 Pre-Market earnings guidance on Friday, January, 8th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $15.51 million, compared to the consensus revenue estimate of $15.54 million.

3 brokerages have issued 12-month price objectives for Sequans Communications' stock. Their forecasts range from $6.50 to $13.00. On average, they anticipate Sequans Communications' share price to reach $10.17 in the next twelve months. This suggests a possible upside of 55.9% from the stock's current price.
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5 employees have rated Sequans Communications CEO Georges Karam on Glassdoor.com. Georges Karam has an approval rating of 89% among Sequans Communications' employees.

Some companies that are related to Sequans Communications include Atomera (ATOM), ReneSola (SOL), AXT (AXTI), NeoPhotonics (NPTN), DSP Group (DSPG), NVE (NVEC), POET Technologies (POETF), Beam Global (BEEM), VIA optronics (VIAO), Resonant (RESN), Transphorm (TGAN), eMagin (EMAN), EMCORE (EMKR), Applied Optoelectronics (AAOI) and Netlist (NLST).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Sequans Communications investors own include Inseego (INSG), Nokia (NOK), Inovio Pharmaceuticals (INO), Advanced Micro Devices (AMD), Square (SQ), Moderna (MRNA), NVIDIA (NVDA), Pfizer (PFE), Telefonaktiebolaget LM Ericsson (publ) (ERIC) and Micron Technology (MU).

Sequans Communications trades on the New York Stock Exchange (NYSE) under the ticker symbol "SQNS."

Sequans Communications' stock is owned by a number of retail and institutional investors. Top institutional investors include AWM Investment Company Inc. (13.42%), Divisar Capital Management LLC (7.30%), Roubaix Capital LLC (1.72%), JPMorgan Chase & Co. (1.07%), FNY Investment Advisers LLC (0.86%) and Janney Montgomery Scott LLC (0.37%).

SQNS stock was sold by a variety of institutional investors in the last quarter, including Divisar Capital Management LLC, JPMorgan Chase & Co., Janney Montgomery Scott LLC, and FNY Investment Advisers LLC.

SQNS stock was acquired by a variety of institutional investors in the last quarter, including AWM Investment Company Inc., Roubaix Capital LLC, and Paloma Partners Management Co.

Shares of SQNS 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 SQNS stock can currently be purchased for approximately $6.52.

Sequans Communications has a market capitalization of $156.15 million and generates $30.86 million in revenue each year. The semiconductor company earns $-36,700,000.00 in net income (profit) each year or ($1.37) on an earnings per share basis.

Sequans Communications employs 208 workers across the globe.

The official website for Sequans Communications is www.sequans.com.

Sequans Communications is headquartered at 15-55 BLVD CHARLES DE GAULLE, COLOMBES I0, 92700.

Sequans Communications' mailing address is 15-55 BLVD CHARLES DE GAULLE, COLOMBES I0, 92700. The semiconductor company can be reached via phone at 33-1-70-72-16-00 or via email at [email protected]