Sequans Communications (SQNS) Stock Forecast, Price Target & Predictions

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SQNS Stock Forecast

Sequans Communications stock forecast is as follows: an average price target of $7.00 (represents a 142.21% upside from SQNS’s last price of $2.89) 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 142.21% upside from SQNS's last price of $2.89.

SQNS Analyst Ratings

Buy

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%	142.21%

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 142.21% increase from SQNS last price ($2.89).

Sequans Communications Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	-
Avg Price Target	-	-	-
Last Closing Price	$2.89	$2.89	$2.89
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 $2.89. 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	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 18	Mar 17
Revenue	-	-	-	-	-	-	-	-	-	-	-	$11.90M	$15.91M	$16.53M	$14.22M	$13.89M	$13.81M	$11.89M	$12.86M	$12.32M	$15.79M	$14.12M	$12.23M	$8.77M	$9.17M	$7.47M	$8.10M	$7.04M	$11.23M	$12.43M
Avg Forecast	$13.70M	$10.70M	$8.50M	$6.50M	$10.50M	$4.80M	$8.10M	$7.20M	$8.20M	$10.45M	$9.80M	$12.03M	$16.24M	$15.70M	$14.43M	$13.83M	$13.70M	$12.24M	$13.54M	$13.80M	$15.55M	$13.59M	$12.00M	$8.75M	$8.63M	$9.95M	$8.58M	$8.17M	$10.53M	$16.57M
High Forecast	$13.70M	$10.70M	$8.50M	$6.50M	$10.50M	$4.80M	$8.10M	$7.20M	$8.20M	$10.45M	$9.80M	$12.03M	$16.24M	$15.70M	$14.43M	$13.83M	$13.70M	$12.24M	$13.54M	$13.80M	$15.55M	$13.59M	$12.00M	$8.75M	$8.63M	$9.95M	$8.58M	$8.17M	$12.63M	$19.89M
Low Forecast	$13.70M	$10.70M	$8.50M	$6.50M	$10.50M	$4.80M	$8.10M	$7.20M	$8.20M	$10.45M	$9.80M	$12.03M	$16.24M	$15.70M	$14.43M	$13.83M	$13.70M	$12.24M	$13.54M	$13.80M	$15.55M	$13.59M	$12.00M	$8.75M	$8.63M	$9.95M	$8.58M	$8.17M	$8.42M	$13.26M
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	15	9	9	16	8	10	16	18	11
Surprise %	-	-	-	-	-	-	-	-	-	-	-	0.99%	0.98%	1.05%	0.99%	1.00%	1.01%	0.97%	0.95%	0.89%	1.02%	1.04%	1.02%	1.00%	1.06%	0.75%	0.94%	0.86%	1.07%	0.75%

Sequans Communications's average Quarter revenue forecast for Jun 23 based on 1 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	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 18	Mar 17
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	15	9	9	16	8	10	16	18	11
EBITDA	-	-	-	-	-	-	-	-	-	-	-	$-2.38M	$-461.00K	$4.11M	$-1.11M	$-6.34M	$-5.14M	$2.81M	$1.75M	$-8.50M	$-5.45M	$-6.29M	$-16.56M	$-8.37M	$-7.33M	$-7.00M	$-7.12M	$-6.72M	$-7.19M	$-3.21M
Avg Forecast	$-4.86M	$-3.79M	$-3.01M	$-2.30M	$-3.72M	$-1.70M	$-2.87M	$-15.14M	$-2.91M	$-3.70M	$-3.47M	$-13.76M	$-7.26M	$-5.49M	$-5.05M	$-10.88M	$-4.79M	$-4.28M	$2.08M	$-4.83M	$-5.44M	$-4.75M	$-4.20M	$-8.60M	$-3.02M	$-3.48M	$-3.00M	$-6.27M	$-6.71M	$-4.01M
High Forecast	$-4.86M	$-3.79M	$-3.01M	$-2.30M	$-3.72M	$-1.70M	$-2.87M	$-12.11M	$-2.91M	$-3.70M	$-3.47M	$-11.01M	$-5.81M	$-5.49M	$-5.05M	$-8.70M	$-4.79M	$-4.28M	$2.50M	$-4.83M	$-5.44M	$-4.75M	$-4.20M	$-6.88M	$-3.02M	$-3.48M	$-3.00M	$-5.01M	$-5.37M	$-3.21M
Low Forecast	$-4.86M	$-3.79M	$-3.01M	$-2.30M	$-3.72M	$-1.70M	$-2.87M	$-18.16M	$-2.91M	$-3.70M	$-3.47M	$-16.51M	$-8.72M	$-5.49M	$-5.05M	$-13.05M	$-4.79M	$-4.28M	$1.66M	$-4.83M	$-5.44M	$-4.75M	$-4.20M	$-10.32M	$-3.02M	$-3.48M	$-3.00M	$-7.52M	$-8.06M	$-4.82M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	0.17%	0.06%	-0.75%	0.22%	0.58%	1.07%	-0.66%	0.84%	1.76%	1.00%	1.32%	3.94%	0.97%	2.43%	2.01%	2.37%	1.07%	1.07%	0.80%

1 analysts predict SQNS's average Quarter EBITDA for Dec 22 to be $-7.26M, with a high of $-5.81M and a low of $-8.72M. This is -276.82% 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	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 18	Mar 17
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	15	9	9	16	8	10	16	18	11
Net Income	-	-	-	-	-	-	-	-	-	-	-	$-5.04M	$-4.96M	$-2.87M	$-3.19M	$2.02M	$-7.73M	$192.00K	$-1.32M	$-11.42M	$-11.26M	$-8.99M	$-18.95M	$-10.60M	$-9.15M	$-8.71M	$-8.89M	$-9.04M	$-8.75M	$-5.60M
Avg Forecast	$-6.16M	$-9.24M	$-10.78M	$-12.32M	$-13.86M	$-23.11M	$-16.94M	$-19.16M	$-23.11M	$-15.40M	$-17.58M	$-17.42M	$-10.93M	$-3.08M	$-12.01M	$-13.77M	$-19.10M	$-28.65M	$-1.57M	$-33.27M	$-39.74M	$-33.58M	$-36.66M	$-10.89M	$-44.67M	$-41.59M	$-41.59M	$-8.44M	$-8.17M	$-7.00M
High Forecast	$-6.16M	$-9.24M	$-10.78M	$-12.32M	$-13.86M	$-23.11M	$-16.94M	$-15.33M	$-23.11M	$-15.40M	$-17.58M	$-13.94M	$-8.75M	$-3.08M	$-12.01M	$-11.02M	$-19.10M	$-28.65M	$-1.25M	$-33.27M	$-39.74M	$-33.58M	$-36.66M	$-8.71M	$-44.67M	$-41.59M	$-41.59M	$-6.75M	$-6.53M	$-5.60M
Low Forecast	$-6.16M	$-9.24M	$-10.78M	$-12.32M	$-13.86M	$-23.11M	$-16.94M	$-23.00M	$-23.11M	$-15.40M	$-17.58M	$-20.91M	$-13.12M	$-3.08M	$-12.01M	$-16.53M	$-19.10M	$-28.65M	$-1.88M	$-33.27M	$-39.74M	$-33.58M	$-36.66M	$-13.07M	$-44.67M	$-41.59M	$-41.59M	$-10.12M	$-9.80M	$-8.41M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	0.29%	0.45%	0.93%	0.27%	-0.15%	0.40%	-0.01%	0.84%	0.34%	0.28%	0.27%	0.52%	0.97%	0.20%	0.21%	0.21%	1.07%	1.07%	0.80%

Sequans Communications's average Quarter net income forecast for Jun 22 is $-12.01M, with a range of $-12.01M to $-12.01M. SQNS's average Quarter net income forecast represents a -695.08% decrease compared to the company's last Quarter net income of $2.02M (Mar 22).

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	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 18	Mar 17
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	15	9	9	16	8	10	16	18	11
SG&A	-	-	-	-	-	-	-	-	-	-	-	$5.85M	$5.60M	$4.64M	$4.85M	$5.01M	$5.24M	$4.30M	$4.80M	$4.75M	$4.61M	$3.85M	$3.95M	$4.87M	$4.24M	$4.10M	$4.06M	$4.13M	$4.46M	$3.91M
Avg Forecast	$5.68M	$4.43M	$3.52M	$2.69M	$4.35M	$1.99M	$3.36M	$2.98M	$3.40M	$4.33M	$4.06M	$8.00M	$7.41M	$6.51M	$5.98M	$6.33M	$5.67M	$5.07M	$5.72M	$5.72M	$6.44M	$5.63M	$4.97M	$5.00M	$3.57M	$4.12M	$3.55M	$3.86M	$4.16M	$4.88M
High Forecast	$5.68M	$4.43M	$3.52M	$2.69M	$4.35M	$1.99M	$3.36M	$2.98M	$3.40M	$4.33M	$4.06M	$9.60M	$8.89M	$6.51M	$5.98M	$7.59M	$5.67M	$5.07M	$6.86M	$5.72M	$6.44M	$5.63M	$4.97M	$6.00M	$3.57M	$4.12M	$3.55M	$4.63M	$4.99M	$5.86M
Low Forecast	$5.68M	$4.43M	$3.52M	$2.69M	$4.35M	$1.99M	$3.36M	$2.98M	$3.40M	$4.33M	$4.06M	$6.40M	$5.93M	$6.51M	$5.98M	$5.06M	$5.67M	$5.07M	$4.58M	$5.72M	$6.44M	$5.63M	$4.97M	$4.00M	$3.57M	$4.12M	$3.55M	$3.09M	$3.33M	$3.91M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	0.73%	0.76%	0.71%	0.81%	0.79%	0.92%	0.85%	0.84%	0.83%	0.72%	0.68%	0.79%	0.97%	1.19%	0.99%	1.14%	1.07%	1.07%	0.80%

Sequans Communications's average Quarter SG&A projection for Jun 23 is $4.06M, based on 1 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	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 18	Mar 17
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	15	9	9	16	8	10	16	18	11
EPS	-	-	-	-	-	-	-	-	-	-	-	$-0.10	$-0.10	$-0.06	$-0.07	$0.05	$-0.21	-	$-0.15	$-0.33	$-0.36	$-0.33	$-0.17	$-0.44	$-0.36	$-0.36	$-0.36	$-0.40	$-0.40	$-0.28
Avg Forecast	$-0.10	$-0.15	$-0.17	$-0.20	$-0.23	$-0.38	$-0.28	$-0.38	$-0.38	$-0.25	$-0.29	$-0.29	$-0.12	$-0.05	$-0.20	$-0.28	$-0.31	$-0.47	$-0.42	$-0.54	$-0.65	$-0.55	$-0.59	$-0.74	$-0.72	$-0.68	$-0.68	$-0.75	$-0.28	$-0.10
High Forecast	$-0.10	$-0.15	$-0.17	$-0.20	$-0.23	$-0.38	$-0.28	$-0.38	$-0.38	$-0.25	$-0.29	$-0.29	$-0.12	$-0.05	$-0.20	$-0.28	$-0.31	$-0.47	$-0.42	$-0.54	$-0.65	$-0.55	$-0.59	$-0.74	$-0.72	$-0.68	$-0.68	$-0.75	$-0.22	$-0.08
Low Forecast	$-0.10	$-0.15	$-0.17	$-0.20	$-0.23	$-0.38	$-0.28	$-0.38	$-0.38	$-0.25	$-0.29	$-0.29	$-0.12	$-0.05	$-0.20	$-0.28	$-0.31	$-0.47	$-0.42	$-0.54	$-0.65	$-0.55	$-0.59	$-0.74	$-0.72	$-0.68	$-0.68	$-0.75	$-0.34	$-0.12
Surprise %	-	-	-	-	-	-	-	-	-	-	-	0.35%	0.87%	1.20%	0.34%	-0.18%	0.68%	-0.01%	0.36%	0.61%	0.56%	0.61%	0.29%	0.59%	0.50%	0.53%	0.53%	0.53%	1.43%	2.80%

According to 1 Wall Street analysts, Sequans Communications's projected average Quarter EPS for Jun 22 is $-0.20, with a low estimate of $-0.20 and a high estimate of $-0.20. This represents a -490.00% decrease compared to SQNS previous annual EPS of $0.05 (Mar 22).

Sequans Communications Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
SQNS	Sequans Communications	$2.96	$7.00	136.49%	Buy
MX	Magnachip Semiconductor	$3.98	$8.00	101.01%	Buy
NVTS	Navitas Semiconductor	$3.26	$5.17	58.59%	Buy
QUIK	QuickLogic	$8.40	$13.00	54.76%	Buy
MRAM	Everspin	$6.23	$9.00	44.46%	Strong Buy
AMKR	Amkor	$26.62	$34.80	30.73%	Buy
SYNA	Synaptics	$78.76	$96.67	22.74%	Buy
POWI	Power Integrations	$65.06	$79.00	21.43%	Buy
MXL	MaxLinear	$19.55	$23.33	19.34%	Hold
FORM	FormFactor	$43.87	$52.00	18.53%	Buy
AOSL	Alpha and Omega Semiconductor	$42.51	$42.00	-1.20%	Buy
SLAB	Silicon Laboratories	$128.96	$117.50	-8.89%	Hold
MTSI	MACOM Technology Solutions	$138.18	$120.00	-13.16%	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 142.21% from its last price of $2.89. 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 142.21% (from the last price of $2.89 to the average price target of $7), up by 142.21% based on the highest stock price target, and up by 142.21% based on the lowest stock price target.

Can Sequans Communications stock reach $4?

SQNS's average twelve months analyst stock price target of $7 supports the claim that Sequans Communications can reach $4 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 $30.6M (high $30.6M, low $30.6M), average EBITDA is $-23.431M (high $-20.404M, low $-26.459M), average net income is $-73.077M (high $-69.244M, low $-76.91M), average SG&A $12.68M (high $12.68M, low $12.68M), and average EPS is $-1.25 (high $-1.25, low $-1.25). 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 $-13.966M (high $-13.966M, low $-13.966M), average net income is $-38.509M (high $-38.509M, low $-38.509M), average SG&A $16.32M (high $16.32M, low $16.32M), and average EPS is $-0.625 (high $-0.625, low $-0.625).

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 $60.2M by 0.59%. Apple's EBITDA was $-263K, missing the average prediction of $-28.678M by -99.08%. The company's net income was $-9.008M, missing the average estimation of $-39.802M by -77.37%. Apple's SG&A was $20.11M, missing the average forecast of $26.22M by -23.30%. Lastly, the company's EPS was $-0.2, missing the average prediction of $-0.645 by -69.01%. 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 $-0.287 by -65.22%