Sequans Communications (SQNS) Stock Forecast, Price Target & Predictions
SQNS Stock Forecast
Sequans Communications stock forecast is as follows: an average price target of $7.00 (represents a 586.27% upside from SQNS’s last price of $1.02) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.
SQNS Price Target
The average price target for Sequans Communications (SQNS) is $7.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $7.00 to $7.00. This represents a potential 586.27% upside from SQNS's last price of $1.02.
SQNS Analyst Ratings
According to 2 Wall Street analysts, Sequans Communications's rating consensus is 'Buy'. The analyst rating breakdown for SQNS stock is 0 'Strong Buy' (0.00%), 1 'Buy' (50.00%), 1 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Sequans Communications Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 31, 2022 | - | Needham | $7.00 | $3.90 | 79.49% | 586.27% |
The latest Sequans Communications stock forecast, released on Aug 31, 2022 by Needham company, set a price target of $7.00, which represents a 79.49% increase from the stock price at the time of the forecast ($3.90), and a 586.27% increase from SQNS last price ($1.02).
Sequans Communications Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $1.02 | $1.02 | $1.02 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
In the current month, the average price target of Sequans Communications stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Sequans Communications's last price of $1.02. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jun 15, 2022 | B. Riley Securities | Buy | Buy | Hold |
| Apr 26, 2022 | Zacks Investment Research | - | Hold | Downgrade |
Sequans Communications's last stock rating was published by B. Riley Securities on Jun 15, 2022. The company gave SQNS a "Buy" rating, the same as its previous rate.
Sequans Communications Financial Forecast
Sequans Communications Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | $11.90M | $15.91M | $16.53M | $14.22M |
| Avg Forecast | $13.70M | $10.70M | $8.50M | $6.50M | $5.50M | $4.80M | $8.10M | $7.20M | $8.20M | $10.45M | $9.80M | $12.03M | $16.24M | $15.70M | $14.43M |
| High Forecast | $13.70M | $10.70M | $8.50M | $6.50M | $5.50M | $4.80M | $8.10M | $7.20M | $8.20M | $10.45M | $9.80M | $12.03M | $16.24M | $15.70M | $14.43M |
| Low Forecast | $13.70M | $10.70M | $8.50M | $6.50M | $5.50M | $4.80M | $8.10M | $7.20M | $8.20M | $10.45M | $9.80M | $12.03M | $16.24M | $15.70M | $14.43M |
| # Analysts | - | - | - | - | - | 1 | - | - | 1 | 1 | - | - | - | - | - |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 0.98% | 1.05% | 0.99% |
Sequans Communications's average Quarter revenue forecast for Jun 23 based on 0 analysts is $9.80M, with a low forecast of $9.80M, and a high forecast of $9.80M. SQNS's average Quarter revenue forecast represents a -17.64% decrease compared to the company's last Quarter revenue of $11.90M (Mar 23).
Sequans Communications EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | - | 1 | 1 | - | - | - | - | - |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | $-2.38M | $-461.00K | $4.11M | $-1.11M |
| Avg Forecast | $-4.79M | $-3.74M | $-2.97M | $-2.27M | $-1.92M | $-1.68M | $-2.83M | $-15.14M | $-2.87M | $-3.65M | $-3.43M | $-13.76M | $-5.68M | $3.94M | $-5.05M |
| High Forecast | $-4.79M | $-3.74M | $-2.97M | $-2.27M | $-1.92M | $-1.68M | $-2.83M | $-12.11M | $-2.87M | $-3.65M | $-3.43M | $-11.01M | $-5.68M | $4.73M | $-5.05M |
| Low Forecast | $-4.79M | $-3.74M | $-2.97M | $-2.27M | $-1.92M | $-1.68M | $-2.83M | $-18.16M | $-2.87M | $-3.65M | $-3.43M | $-16.51M | $-5.68M | $3.15M | $-5.05M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.17% | 0.08% | 1.04% | 0.22% |
0 analysts predict SQNS's average Quarter EBITDA for Dec 22 to be $-5.68M, with a high of $-5.68M and a low of $-5.68M. This is -238.19% lower than Sequans Communications's previous annual EBITDA (Sep 22) of $4.11M.
Sequans Communications Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | - | 1 | 1 | - | - | - | - | - |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | $-5.04M | $-4.96M | $-2.87M | $-3.19M |
| Avg Forecast | $-2.46M | $-3.70M | $-4.31M | $-4.93M | $-5.55M | $-9.24M | $-6.78M | $-19.16M | $-9.24M | $-6.16M | $-7.03M | $-17.42M | $-2.85M | $268.80K | $-4.81M |
| High Forecast | $-2.46M | $-3.70M | $-4.31M | $-4.93M | $-5.55M | $-9.24M | $-6.78M | $-15.33M | $-9.24M | $-6.16M | $-7.03M | $-13.94M | $-2.85M | $322.56K | $-4.81M |
| Low Forecast | $-2.46M | $-3.70M | $-4.31M | $-4.93M | $-5.55M | $-9.24M | $-6.78M | $-23.00M | $-9.24M | $-6.16M | $-7.03M | $-20.91M | $-2.85M | $215.04K | $-4.81M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.29% | 1.74% | -10.69% | 0.66% |
Sequans Communications's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. SQNS's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).
Sequans Communications SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | - | 1 | 1 | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | $5.85M | $5.60M | $4.64M | $4.85M |
| Avg Forecast | $5.68M | $4.43M | $3.52M | $2.69M | $2.28M | $1.99M | $3.36M | $2.98M | $3.40M | $4.33M | $4.06M | $8.00M | $6.73M | $6.02M | $5.98M |
| High Forecast | $5.68M | $4.43M | $3.52M | $2.69M | $2.28M | $1.99M | $3.36M | $2.98M | $3.40M | $4.33M | $4.06M | $9.60M | $6.73M | $7.22M | $5.98M |
| Low Forecast | $5.68M | $4.43M | $3.52M | $2.69M | $2.28M | $1.99M | $3.36M | $2.98M | $3.40M | $4.33M | $4.06M | $6.40M | $6.73M | $4.81M | $5.98M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.73% | 0.83% | 0.77% | 0.81% |
Sequans Communications's average Quarter SG&A projection for Jun 23 is $4.06M, based on 0 Wall Street analysts, with a range of $4.06M to $4.06M. The forecast indicates a -30.62% fall compared to SQNS last annual SG&A of $5.85M (Mar 23).
Sequans Communications EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | - | 1 | 1 | - | - | - | - | - |
| EPS | - | - | - | - | - | - | - | - | - | - | - | $-0.10 | $-0.10 | $-0.06 | $-0.07 |
| Avg Forecast | $-0.04 | $-0.06 | $-0.07 | $-0.08 | $-0.09 | $-0.15 | $-0.11 | $-0.15 | $-0.15 | $-0.10 | $-0.11 | $-0.12 | $-0.05 | $-0.02 | $-0.08 |
| High Forecast | $-0.04 | $-0.06 | $-0.07 | $-0.08 | $-0.09 | $-0.15 | $-0.11 | $-0.15 | $-0.15 | $-0.10 | $-0.11 | $-0.12 | $-0.05 | $-0.02 | $-0.08 |
| Low Forecast | $-0.04 | $-0.06 | $-0.07 | $-0.08 | $-0.09 | $-0.15 | $-0.11 | $-0.15 | $-0.15 | $-0.10 | $-0.11 | $-0.12 | $-0.05 | $-0.02 | $-0.08 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.87% | 2.17% | 3.00% | 0.86% |
According to undefined Wall Street analysts, Sequans Communications's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to SQNS previous annual EPS of $NaN (undefined).
Sequans Communications Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| SQNS | Sequans Communications | $1.01 | $7.00 | 593.07% | Buy |
| NVTS | Navitas Semiconductor | $2.29 | $11.30 | 393.45% | Buy |
| MXL | MaxLinear | $14.09 | $38.38 | 172.39% | Hold |
| SYNA | Synaptics | $74.65 | $174.00 | 133.09% | Buy |
| QUIK | QuickLogic | $7.22 | $13.00 | 80.06% | Buy |
| MX | Magnachip Semiconductor | $4.61 | $8.00 | 73.54% | Buy |
| MRAM | Everspin | $5.61 | $9.00 | 60.43% | Strong Buy |
| SLAB | Silicon Laboratories | $110.79 | $162.00 | 46.22% | Hold |
| AMKR | Amkor | $30.24 | $42.00 | 38.89% | Buy |
| POWI | Power Integrations | $59.50 | $79.00 | 32.77% | Buy |
| FORM | FormFactor | $42.84 | $51.50 | 20.21% | Buy |
| MTSI | MACOM Technology Solutions | $100.01 | $103.88 | 3.87% | Buy |
| AOSL | Alpha and Omega Semiconductor | $34.26 | $31.50 | -8.06% | Buy |
SQNS Forecast FAQ
Is Sequans Communications a good buy?
Yes, according to 2 Wall Street analysts, Sequans Communications (SQNS) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 50.00% of SQNS's total ratings.
What is SQNS's price target?
Sequans Communications (SQNS) average price target is $7 with a range of $7 to $7, implying a 586.27% from its last price of $1.02. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Sequans Communications stock go up soon?
According to Wall Street analysts' prediction for SQNS stock, the company can go up by 586.27% (from the last price of $1.02 to the average price target of $7), up by 586.27% based on the highest stock price target, and up by 586.27% based on the lowest stock price target.
Can Sequans Communications stock reach $2?
SQNS's average twelve months analyst stock price target of $7 supports the claim that Sequans Communications can reach $2 in the near future.
What are Sequans Communications's analysts' financial forecasts?
Sequans Communications's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $25.6M (high $25.6M, low $25.6M), average EBITDA is $-21.57M (high $-18.543M, low $-24.598M), average net income is $-40.73M (high $-36.897M, low $-44.562M), average SG&A $10.6M (high $10.6M, low $10.6M), and average EPS is $-0.5 (high $-0.5, low $-0.5). SQNS's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $39.4M (high $39.4M, low $39.4M), average EBITDA is $-13.776M (high $-13.776M, low $-13.776M), average net income is $-15.403M (high $-15.403M, low $-15.403M), average SG&A $16.32M (high $16.32M, low $16.32M), and average EPS is $-0.25 (high $-0.25, low $-0.25).
Did the SQNS's actual financial results beat the analysts' financial forecasts?
Based on Sequans Communications's last annual report (Dec 2022), the company's revenue was $60.55M, beating the average analysts forecast of $46.37M by 30.58%. Apple's EBITDA was $-263K, missing the average prediction of $-6.785M by -96.12%. The company's net income was $-9.008M, beating the average estimation of $-7.382M by 22.03%. Apple's SG&A was $20.11M, beating the average forecast of $18.72M by 7.42%. Lastly, the company's EPS was $-0.2, beating the average prediction of $-0.144 by 38.72%. In terms of the last quarterly report (Mar 2023), Sequans Communications's revenue was $11.9M, missing the average analysts' forecast of $12.02M by -1.05%. The company's EBITDA was $-2.378M, missing the average prediction of $-13.761M by -82.72%. Sequans Communications's net income was $-5.04M, missing the average estimation of $-17.422M by -71.07%. The company's SG&A was $5.85M, missing the average forecast of $8M by -26.88%. Lastly, the company's EPS was $-0.1, missing the average prediction of $-0.115 by -13.04%