Sequans Communications - SQNS Stock Forecast, Price & News

2 Wall Street 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 analysts is that investors should "buy" SQNS shares.
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2 analysts have issued twelve-month target prices for Sequans Communications' stock. Their SQNS share price forecasts range from $7.00 to $8.00. On average, they expect the company's share price to reach $7.50 in the next twelve months. This suggests a possible upside of 130.8% from the stock's current price.
View analysts price targets for SQNS or view top-rated stocks among Wall Street analysts.

Sequans Communications' stock was trading at $3.32 at the beginning of 2023. Since then, SQNS stock has decreased by 2.1% and is now trading at $3.25.
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Sequans Communications saw a decline in short interest during the month of December. As of December 30th, there was short interest totaling 18,400 shares, a decline of 54.0% from the December 15th total of 40,000 shares. Based on an average daily volume of 48,300 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.0% of the shares of the stock are sold short.
View Sequans Communications' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 14th 2023.
View our SQNS earnings forecast.

Sequans Communications will be holding an earnings conference call on Tuesday, February 14th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13735066".

Sequans Communications S.A. (NYSE:SQNS) announced its earnings results on Monday, November, 1st. The semiconductor company reported ($0.14) earnings per share for the quarter, topping the consensus estimate of ($0.19) by $0.05. The semiconductor company earned $11.89 million during the quarter, compared to analyst estimates of $12.75 million. During the same period in the previous year, the business earned ($0.30) EPS.

Sequans Communications shares 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 stock prior to the reverse split would have 25 shares after the split.

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.

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).

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 Concourse Financial Group Securities Inc. (0.00%).

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.
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One share of SQNS stock can currently be purchased for approximately $3.25.

Sequans Communications (NYSE:SQNS) has a market capitalization of $155.77 million and generates $50.88 million in revenue each year. The semiconductor company earns $-20,260,000.00 in net income (profit) each year or ($0.30) on an earnings per share basis.

The company employs 262 workers across the globe.

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.