NYSE:SQNS Sequans Communications (SQNS) Stock Forecast, Price & News $2.12 +0.01 (+0.47%) (As of 03:48 PM ET) Add Compare Share Share Today's Range$2.07▼$2.1750-Day Range$1.97▼$2.7952-Week Range$1.86▼$4.17Volume38,147 shsAverage Volume68,592 shsMarket Capitalization$101.61 millionP/E RatioN/ADividend YieldN/APrice Target$5.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Sequans Communications MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside130.4% Upside$5.00 Price TargetShort InterestHealthy0.09% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.78Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.54) to ($0.28) 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.2.31 out of 5 starsComputer And Technology Sector441st out of 1,226 stocksSemiconductors & Related Devices Industry69th out of 178 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 $5.00, Sequans Communications has a forecasted upside of 130.4% from its current price of $2.17.Amount of Analyst CoverageSequans Communications has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.09% 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 0.5, 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 19.14%, 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 3.2 News and Social Media Coverage News SentimentSequans Communications has a news sentiment score of 0.78. 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 higher news sentiment than the 0.51 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Sequans Communications this week, compared to 1 article on an average week.Search Interest1 people have searched for SQNS on MarketBeat in the last 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 ($0.54) to ($0.28) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Sequans Communications is -6.58, 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 -6.58, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. 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 HeadlinesMay 28, 2023 | americanbankingnews.comSequans Communications S.A. (NYSE:SQNS) Short Interest UpdateMay 25, 2023 | finanznachrichten.deSequans Communications: Sequans and Geotab Extend Relationship with Adoption of Calliope 2 Cat 1bis TechnologyJune 1, 2023 | Edge On The Street (Ad)AI Getting Close to Thinking Like HumansTechnology experts working with neuroscientists have created the world's first Artificial Intelligence Network Operating System. AI can now process information like the human brain and understand the world the way humans do.May 25, 2023 | finance.yahoo.comSequans and Geotab Extend Relationship with Adoption of Calliope 2 Cat 1bis TechnologyMay 23, 2023 | finance.yahoo.comSequans Introduces Taurus 5G NR: The World's First Chipset Specifically Optimized for 5G Broadband IoT DevicesMay 11, 2023 | americanbankingnews.comSequans Communications (NYSE:SQNS) Upgraded at StockNews.comMay 10, 2023 | americanbankingnews.comSequans Communications (NYSE:SQNS) Upgraded by StockNews.com to "Hold"May 6, 2023 | americanbankingnews.comNeedham & Company LLC Lowers Sequans Communications (NYSE:SQNS) Price Target to $3.00June 1, 2023 | Edge On The Street (Ad)AI Getting Close to Thinking Like HumansTechnology experts working with neuroscientists have created the world's first Artificial Intelligence Network Operating System. AI can now process information like the human brain and understand the world the way humans do.May 5, 2023 | finance.yahoo.comSequans Communications First Quarter 2023 Earnings: EPS Beats Expectations, Revenues LagMay 5, 2023 | americanbankingnews.comSequans Communications S.A. Expected to Post Q1 2023 Earnings of ($0.16) Per Share (NYSE:SQNS)May 5, 2023 | msn.comNeedham Maintains Sequans Communications S.A - ADR (SQNS) Buy RecommendationMay 3, 2023 | finance.yahoo.comSequans Communications Announces First Quarter 2023 Financial ResultsMay 3, 2023 | americanbankingnews.comSequans Communications (NYSE:SQNS) Rating Lowered to Sell at StockNews.comMay 2, 2023 | americanbankingnews.comSequans Communications (SQNS) to Release Earnings on WednesdayApril 17, 2023 | finance.yahoo.comSequans to Participate in the B. Riley 23rd Annual Institutional Investor ConferenceApril 13, 2023 | finance.yahoo.comSKYFive, Flightcell, and Sequans Introduce the World's Smallest Airborne Terminal for Air-to-Ground CommunicationsApril 11, 2023 | finance.yahoo.comSequans and Anterix Accelerate Growth of Utility Broadband Device Ecosystem with New Multi-Band ModuleApril 8, 2023 | americanbankingnews.comSequans Communications (NYSE:SQNS) Now Covered by StockNews.comApril 6, 2023 | benzinga.comSequans Communications Stock (NYSE:SQNS), DividendsMarch 31, 2023 | finance.yahoo.comSequans Announces Filing and Availability of 2022 Annual Report on Form 20-FMarch 28, 2023 | finance.yahoo.comWith 36% ownership, Sequans Communications S.A. (NYSE:SQNS) has piqued the interest of hedge funds investorsMarch 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 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 AmericaSee More Headlines SQNS Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SQNS Company Calendar Last Earnings11/01/2021Today6/01/2023Next Earnings (Estimated)8/01/2023Fiscal 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$5.00 High Stock Price Forecast$7.00 Low Stock Price Forecast$3.00 Forecasted Upside/Downside+135.8%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.33) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-9,010,000.00 Net Margins-27.44% Pretax Margin-21.78% Return on Equity-437.01% Return on Assets-13.50% Debt Debt-to-Equity Ratio23.26 Current Ratio0.90 Quick Ratio0.66 Sales & Book Value Annual Sales$60.55 million Price / Sales1.68 Cash Flow$0.02 per share Price / Cash Flow86.55 Book Value($0.03) per share Price / Book-70.67Miscellaneous Outstanding Shares47,930,000Free Float43,424,000Market Cap$101.61 million OptionableNot Optionable Beta0.87 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 CompetitorsPixelworksNASDAQ:PXLWACE Convergence AcquisitionNASDAQ:ACEVQuickLogicNASDAQ:QUIKMeta MaterialsNASDAQ:MMATApplied OptoelectronicsNASDAQ:AAOIView All CompetitorsInstitutional OwnershipBoothbay Fund Management LLCBought 14,638 shares on 5/15/2023Ownership: 3.265%Potomac Capital Management Inc.Bought 233,544 shares on 5/15/2023Ownership: 2.217%Masters Capital Management LLCBought 50,000 shares on 5/15/2023Ownership: 2.191%B. Riley Financial Inc.Sold 27,727 shares on 5/9/2023Ownership: 0.723%Roubaix Capital LLCSold 232,855 shares on 5/9/2023Ownership: 0.495%View All Institutional Transactions SQNS Stock - Frequently Asked Questions Should I buy or sell Sequans Communications stock right now? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sequans Communications in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street 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 brokerages have issued 12-month target prices for Sequans Communications' stock. Their SQNS share price forecasts range from $3.00 to $7.00. On average, they predict the company's share price to reach $5.00 in the next twelve months. This suggests a possible upside of 135.8% 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 on January 1st, 2023. Since then, SQNS shares have 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 the month of May. As of May 15th, there was short interest totaling 39,700 shares, a drop of 19.1% from the April 30th total of 49,100 shares. Based on an average daily volume of 81,800 shares, the short-interest ratio is presently 0.5 days. Approximately 0.1% of the shares of the stock are sold short. 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, August 1st 2023. View our SQNS earnings forecast. How were Sequans Communications' earnings last quarter? 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, beating 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. Sequans Communications had a negative net margin of 27.44% and a negative trailing twelve-month return on equity of 437.01%. During the same period in the previous year, the business earned ($0.30) earnings per share. When did Sequans Communications' stock split? Sequans Communications shares reverse split before market open 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 closing bell 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 issued an update on its second quarter 2023 earnings guidance on Wednesday, May, 3rd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $9.00 million-$11.00 million, compared to the consensus revenue estimate of $11.42 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 a variety of retail and institutional investors. Top institutional shareholders include Boothbay Fund Management LLC (3.26%), Potomac Capital Management Inc. (2.22%), Masters Capital Management LLC (2.19%), B. Riley Financial Inc. (0.72%) and Roubaix Capital LLC (0.49%). 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 ($0.33) 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 6/1/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. 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. 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