NYSE:SQNS

Sequans Communications (SQNS) Stock Price, News & Analysis

$0.52
+0.02 (+4.00%)
(As of 05/17/2024 ET)
Today's Range
$0.51
$0.58
50-Day Range
$0.36
$0.59
52-Week Range
$0.34
$2.97
Volume
195,743 shs
Average Volume
92,316 shs
Market Capitalization
$32.00 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.02

Sequans Communications MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
480.0% Upside
$3.02 Price Target
Short Interest
Healthy
1.28% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.00mentions of Sequans Communications in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.55) to ($0.14) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.92 out of 5 stars

Computer And Technology Sector

427th out of 590 stocks

Semiconductors & Related Devices Industry

67th out of 88 stocks

SQNS stock logo

About Sequans Communications Stock (NYSE:SQNS)

Sequans Communications S.A. engages in the fabless designing, developing, and supplying of cellular semiconductor solutions for massive and broadband Internet of Things (IoT) markets in Taiwan, Korea, China, rest of Asia, Germany, the United States, and internationally. It offers baseband solutions for use in encoding and decoding data based on 4G and 5G protocols for wireless processing platform for a cellular device; RF transceivers used to transmit and receive wireless transmissions; highly integrated SoC solutions that combine various functions into a single die or package; and LTE modules. The company also provides software, including source code and tools to enable manufacturers to integrate their solutions into their devices; and design support services. The company serves OEMs and ODMs Customers, as well as 4G and 5G wireless carriers. Sequans Communications S.A. was incorporated in 2003 and is based in Paris, France.

SQNS Stock Price History

SQNS Stock News Headlines

Sequans Communications (NYSE:SQNS) Now Covered by StockNews.com
Recap: Sequans Communications Q4 Earnings
Sequans Communications S.A. ADR
Earnings Preview: Sequans Communications
Sequans Communications SA ADR SQNS
See More Headlines
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Company Calendar

Last Earnings
3/07/2024
Today
5/18/2024
Next Earnings (Estimated)
5/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
N/A
Employees
285
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$3.02
High Stock Price Target
$3.03
Low Stock Price Target
$3.00
Potential Upside/Downside
+480.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$-41,040,000.00
Net Margins
-122.10%
Pretax Margin
-114.14%

Debt

Sales & Book Value

Annual Sales
$33.62 million
Book Value
($0.10) per share

Miscellaneous

Free Float
55,778,000
Market Cap
$32.00 million
Optionable
Optionable
Beta
0.14
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Key Executives

  • Dr. Georges Karam (Age 62)
    Chairman, CEO & President
  • Ms. Deborah Choate (Age 60)
    Chief Financial Officer
  • Mr. Danny Kedar (Age 52)
    Chief Operating Officer
  • Mr. Nikhil Taluja (Age 52)
    Executive Vice President of Worldwide Sales
  • Mr. Olivier Pauzet
    Executive VP of Marketing & Strategy
  • Mr. Bertrand Debray (Age 59)
    Executive Vice President of Broadband IoT Business
  • Mr. Louis Chuang
    Executive Vice President of Massive IoT Business

SQNS Stock Analysis - Frequently Asked Questions

Should I buy or sell Sequans Communications stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sequans Communications in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" SQNS shares.
View SQNS analyst ratings
or view top-rated stocks.

What is Sequans Communications' stock price target for 2024?

2 analysts have issued 12-month target prices for Sequans Communications' shares. Their SQNS share price targets range from $3.00 to $3.03. On average, they predict the company's stock price to reach $3.02 in the next twelve months. This suggests a possible upside of 480.0% 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 2024?

Sequans Communications' stock was trading at $2.83 at the beginning of the year. Since then, SQNS shares have decreased by 81.6% and is now trading at $0.5198.
View the best growth stocks for 2024 here
.

Are investors shorting Sequans Communications?

Sequans Communications saw a decrease in short interest in April. As of April 15th, there was short interest totaling 860,400 shares, a decrease of 23.2% from the March 31st total of 1,120,000 shares. Based on an average daily trading volume, of 542,500 shares, the short-interest ratio is currently 1.6 days. Approximately 1.5% 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 Wednesday, May 22nd 2024.
View our SQNS earnings forecast
.

How were Sequans Communications' earnings last quarter?

Sequans Communications S.A. (NYSE:SQNS) posted its quarterly earnings data on Thursday, March, 7th. The semiconductor company reported ($0.26) earnings per share for the quarter, missing analysts' consensus estimates of ($0.18) by $0.08. The semiconductor company earned $4.77 million during the quarter. Sequans Communications had a negative trailing twelve-month return on equity of 1,218.46% and a negative net margin of 122.10%.

When did Sequans Communications' stock split?

Sequans Communications's stock 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 first quarter 2024 earnings guidance on Thursday, March, 7th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $7.0 million-, compared to the consensus revenue estimate of $10.0 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).

Who are Sequans Communications' major shareholders?

Sequans Communications' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Masters Capital Management LLC (0.70%).

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:SQNS) was last updated on 5/18/2024 by MarketBeat.com Staff

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