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NYSE:SQNS

Sequans Communications (SQNS) Stock Forecast, Price & News

$2.12
+0.01 (+0.47%)
(As of 03:48 PM ET)
Compare
Today's Range
$2.07
$2.17
50-Day Range
$1.97
$2.79
52-Week Range
$1.86
$4.17
Volume
38,147 shs
Average Volume
68,592 shs
Market Capitalization
$101.61 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.00

Sequans Communications MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
130.4% Upside
$5.00 Price Target
Short Interest
Healthy
0.09% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.78mentions of Sequans Communications in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.54) to ($0.28) Per Share

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 stars

Computer And Technology Sector

441st out of 1,226 stocks

Semiconductors & Related Devices Industry

69th out of 178 stocks


SQNS stock logo

About Sequans Communications (NYSE:SQNS) Stock

Sequans 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.

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SQNS Stock News Headlines

AI Getting Close to Thinking Like Humans
Technology 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.
Sequans Communications (NYSE:SQNS) Upgraded at StockNews.com
AI Getting Close to Thinking Like Humans
Technology 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.
Sequans Communications: Still Has A Lot To Prove
SQNS Sequans Communications S.A.
See More Headlines

SQNS Price History

SQNS Company Calendar

Last Earnings
11/01/2021
Today
6/01/2023
Next Earnings (Estimated)
8/01/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
N/A
Employees
262
Year Founded
N/A

Price 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 Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-9,010,000.00
Pretax Margin
-21.78%

Debt

Sales & Book Value

Annual Sales
$60.55 million
Cash Flow
$0.02 per share
Book Value
($0.03) per share

Miscellaneous

Free Float
43,424,000
Market Cap
$101.61 million
Optionable
Not Optionable
Beta
0.87

Key Executives

  • Georges M. Karam
    Chairman, President & Chief Executive Officer
  • Danny Kedar
    Chief Operating Officer
  • Deborah Choate
    Chief Financial Officer
  • Fabien Buda
    Vice President-Research & Development
  • Ping Lin Chuang
    EVP & General Manager-Massive IoT Business













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

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