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 year. 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 brokerages have issued 1-year price targets for Sequans Communications' stock. Their SQNS share price targets range from $3.00 to $3.03. On average, they expect the company's share price to reach $3.01 in the next year. This suggests a possible upside of 437.5% 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 on January 1st, 2024. Since then, SQNS shares have decreased by 80.2% and is now trading at $0.56. View the best growth stocks for 2024 here .

Are investors shorting Sequans Communications?

Sequans Communications saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 1,120,000 shares, an increase of 71.0% from the March 15th total of 654,800 shares. Based on an average daily volume of 532,200 shares, the short-interest ratio is presently 2.1 days. Approximately 2.0% of the shares of the stock are short sold. 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 1st 2024. View our SQNS earnings forecast .

How were Sequans Communications' earnings last quarter?

Sequans Communications S.A. (NYSE:SQNS) released its earnings results on Thursday, March, 7th. The semiconductor company reported ($0.26) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.18) by $0.08. The semiconductor company had revenue of $4.77 million for 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 on the morning of 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 updated its first quarter 2024 earnings guidance on Thursday, March, 7th. The company provided earnings per share 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) .

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 .

NYSE:SQNS

Sequans Communications (SQNS) Stock Price, News & Analysis

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$0.56

-0.01 (-1.75%)

(As of 04/15/2024 ET)

Compare

Today's Range: $0.54
▼
$0.59
50-Day Range: $0.36
▼
$2.92
52-Week Range: $0.34
▼
$2.97

Volume: 205,032 shs
Average Volume: 501,925 shs
Market Capitalization: $34.47 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $3.01

Get Sequans Communications alerts:

Sequans Communications MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 437.5% Upside
$3.01 Price Target
Short Interest: Healthy
1.95% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: -0.14
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.

1.52 out of 5 stars

Computer And Technology Sector

489th out of 594 stocks

Semiconductors & Related Devices Industry

79th out of 90 stocks

3.3

Analyst's Opinion

Consensus Rating
Sequans Communications has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Sequans Communications has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
1.95% of the float of Sequans Communications has been sold short.
Short Interest Ratio / Days to Cover
Sequans Communications has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Sequans Communications has recently increased by 71.04%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Sequans Communications does not currently pay a dividend.
Dividend Growth
Sequans Communications does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SQNS.

1.0

News and Social Media Coverage

News Sentiment
Sequans Communications has a news sentiment score of -0.14. 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 lower news sentiment than the 0.59 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Sequans Communications this week, compared to 1 article on an average week.
Search Interest
Only 2 people have searched for SQNS on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
MarketBeat Follows
Only 2 people have added Sequans Communications to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Sequans Communications insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 9.40% of the stock of Sequans Communications is held by insiders.
Percentage Held by Institutions
63.33% of the stock of Sequans Communications is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Sequans Communications are expected to grow in the coming year, from ($0.55) to ($0.14) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Sequans Communications is -0.80, 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. Sector
The P/E ratio of Sequans Communications is -0.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

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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

30 days | 90 days | 365 days | Advanced Chart

SQNS Stock News Headlines

April 9, 2024 | seekingalpha.com

Sequans secures standstill agreements on existing maturity of debt obligations

April 8, 2024 | americanbankingnews.com

Sequans Communications (NYSE:SQNS) Coverage Initiated at StockNews.com

April 16, 2024 | InvestorPlace (Ad)

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April 4, 2024 | uk.investing.com

Sequans stock target cut by Roth/MKM, retains buy rating

March 26, 2024 | finance.yahoo.com

Sequans to Showcase its Cellular IoT Solutions at Embedded World 2024

March 18, 2024 | finanznachrichten.de

Sequans Communications: Sequans Secures 5G eRedCap Semiconductor Development with Financing from the France 2030 Investment Plan

March 18, 2024 | msn.com

Sequans Communications secures financing from the France 2030 Investment Plan

March 7, 2024 | benzinga.com

Recap: Sequans Communications Q4 Earnings

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March 7, 2024 | investorplace.com

SQNS Stock Earnings: Sequans Communications Misses EPS, Beats Revenue for Q4 2023

March 6, 2024 | barrons.com

Sequans Communications S.A. ADR

March 6, 2024 | markets.businessinsider.com

Here's what Wall Street expects from Sequans Communications (spons ADRs)'s earnings

March 6, 2024 | benzinga.com

Earnings Preview: Sequans Communications

March 6, 2024 | investing.com

Sequans Communications (SQNS) Earnings Dates & Reports

February 23, 2024 | benzinga.com

Sequans Communications Stock (NYSE:SQNS), Short Interest Report

February 22, 2024 | businesswire.com

Renesas Announces Termination of Memorandum of Understanding and Tender Offer for Proposed Acquisition of Sequans

December 20, 2023 | finance.yahoo.com

Sequans Communications (NYSE:SQNS) investors are sitting on a loss of 55% if they invested three years ago

December 16, 2023 | msn.com

Sequans Communications S.A - ADR (SQNS) Price Target Increased by 21.20% to 6.50

December 5, 2023 | finance.yahoo.com

Renesas Extends Tender Offer and Receives Taiwan Merger Control Approval for Proposed Acquisition of Sequans

November 10, 2023 | morningstar.com

Sequans Communications SA ADR SQNS

November 7, 2023 | finance.yahoo.com

Loss-Making Sequans Communications S.A. (NYSE:SQNS) Expected To Breakeven In The Medium-Term

November 6, 2023 | finance.yahoo.com

Renesas Extends Tender Offer and Receives UK NSIA Clearance for Proposed Acquisition of Sequans

November 2, 2023 | finance.yahoo.com

Sequans Communications Announces Third Quarter 2023 Financial Results

October 20, 2023 | finance.yahoo.com

Renesas Extends Tender Offer for Proposed Acquisition of Sequans

October 5, 2023 | finance.yahoo.com

Renesas Extends Tender Offer and Receives CFIUS Clearance for Proposed Acquisition of Sequans

September 12, 2023 | finance.yahoo.com

Owning 46% shares,hedge funds owners seem interested in Sequans Communications S.A. (NYSE:SQNS),

September 11, 2023 | finance.yahoo.com

Renesas Commences Tender Offer for All Outstanding Shares and ADSs of Sequans

See More Headlines

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Company Calendar

Last Earnings: 3/07/2024
Today: 4/15/2024
Next Earnings (Estimated): 5/01/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Computer and Technology
Industry: Semiconductors & related devices
Sub-Industry: N/A
Current Symbol: NYSE:SQNS
CUSIP: N/A
CIK: 1383395
Web: www.sequans.com
Phone: (317) 072-1600
Fax: 33-1-70-72-16-09
Employees: 285
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $3.01
High Stock Price Target: $3.03
Low Stock Price Target: $3.00
Potential Upside/Downside: +437.5%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.70)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-41,040,000.00
Net Margins: -122.10%
Pretax Margin: -114.14%
Return on Equity: -1,218.46%
Return on Assets: -36.74%

Debt

Debt-to-Equity Ratio: 0.21
Current Ratio: 0.35
Quick Ratio: 0.29

Sales & Book Value

Annual Sales: $33.62 million
Price / Sales: 1.03
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: ($0.10) per share
Price / Book: -5.60

Miscellaneous

Outstanding Shares: 61,560,000
Free Float: 55,778,000
Market Cap: $34.47 million
Optionable: Optionable
Beta: 0.24

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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

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

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 year. 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 brokerages have issued 1-year price targets for Sequans Communications' stock. Their SQNS share price targets range from $3.00 to $3.03. On average, they expect the company's share price to reach $3.01 in the next year. This suggests a possible upside of 437.5% 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 on January 1st, 2024. Since then, SQNS shares have decreased by 80.2% and is now trading at $0.56.
View the best growth stocks for 2024 here.
Are investors shorting Sequans Communications?: Sequans Communications saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 1,120,000 shares, an increase of 71.0% from the March 15th total of 654,800 shares. Based on an average daily volume of 532,200 shares, the short-interest ratio is presently 2.1 days. Approximately 2.0% of the shares of the stock are short sold.
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 1st 2024.
View our SQNS earnings forecast.
How were Sequans Communications' earnings last quarter?: Sequans Communications S.A. (NYSE:SQNS) released its earnings results on Thursday, March, 7th. The semiconductor company reported ($0.26) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.18) by $0.08. The semiconductor company had revenue of $4.77 million for 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 on the morning of 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 updated its first quarter 2024 earnings guidance on Thursday, March, 7th. The company provided earnings per share 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).
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 4/16/2024 by MarketBeat.com Staff

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Sequans Communications (SQNS) Stock Price, News & Analysis

Sequans Communications MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Sequans Communications Stock (NYSE:SQNS)

SQNS Stock Price History

SQNS Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

SQNS Stock Analysis - Frequently Asked Questions

Overall MarketRank^™