Sequans Communications SA (SQNS) Stock Forecast & Price Target
Sequans Communications SA · NYSE
$2.84+0.05 (+1.79%)
15-min delayed · Sep 8, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 2 firms covering Sequans Communications SA, 2 rate it Buy or better, 0 sit at Hold, and 0 rate it Sell or worse, a strong buy consensus. The target range is very wide, $5.00 to $18.00 (about 3.6x), which points to deep disagreement over how to value the company rather than near-term timing. The average target of $11.50 sits 305% above the current $2.84. The rating mix has stayed broadly stable, with Buy-side ratings easing from 3 to 2 over recent months. On the fundamentals, the Street sees consensus EPS building from about $-0.35 next quarter toward $-0.84 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS2 ratings
Strong Buy
Strong Buy00%
Buy2100%
Hold00%
Sell00%
Strong Sell00%
Based on 2 analysts giving stock ratings to Sequans Communications SA.
As of Sep, 2 of 2 firms rate SQNS a Buy (0 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
SQNS EPS & revenue forecast
EPS · NEXT QUARTER
$-0.35
Range $-0.41 – $-0.22 · 4 analysts · -71% YoY
Next period, 4 analysts expect Sequans Communications SA to earn $-0.35 a share (range $-0.41 – $-0.22), versus $-1.19 a year earlier. Full-year consensus is $-2.54, growing to $-0.84 the year after.
REVENUE · NEXT QUARTER
$12.7M
Range $11.6M – $15.0M · 4 analysts · +82% YoY
Revenue is expected to reach $12.7M (range $11.6M – $15.0M), +82.2% year-over-year. Full-year consensus is $35.3M, rising to $58.6M next year.
Top analysts covering Sequans Communications SA
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on SQNS.
#1
Mike Grondahl
Northland Capital Markets · Rank #175
Buy
$3.50+23.2% to target
Overall win rate
44%
+ Follow
#2
Scott Searle
Roth MKM · Rank #423
Buy
$20.00+604.2% to target
Overall win rate
24%
+ Follow
#3
FS
Fedor Shabalin
B. Riley Securities
Buy
$5.00+76.1% to target
Coverage
—
+ Follow
#4
JS
Jacob Stephen
Lake Street
Buy
$18.00+533.8% to target
Coverage
—
+ Follow
SQNS stock forecast FAQ
What is SQNS's average 12-month price target?+
The 2 analysts with a live target average $11.50 for Sequans Communications SA over the next 12 months, ranging from a $18.00 high to a $5.00 low.
Is SQNS stock a Buy, Sell or Hold right now?+
The current consensus is Strong Buy. Of the 2 analyst ratings, 2 are Buy or Strong Buy, 0 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for SQNS?+
The Street-high target is $18.00 (Lake Street), and the Street-low is $5.00 (B. Riley Securities). The average of all 2 active targets is $11.50.
How many Wall Street analysts cover SQNS?+
2 analysts have an active rating on Sequans Communications SA, and 2 firms carry a live 12-month price target.
Who is the most accurate analyst covering SQNS?+
Among analysts who currently cover SQNS, Mike Grondahl of Northland Capital Markets has the strongest overall Quantellect track record (Rank #175). Their current call is Buy with a $3.50 target.
What is Sequans Communications SA's projected EPS for next quarter?+
The consensus estimate is $-0.35 per share (range $-0.41 – $-0.22) across 4 analysts. Full-year EPS is projected at $-2.54, rising to $-0.84 the following year.
How much revenue is Sequans Communications SA expected to report next quarter?+
Consensus revenue is $12.7M (range $11.6M – $15.0M). Full-year revenue is projected at $35.3M, growing to $58.6M next year.
Have analysts been upgrading or downgrading SQNS lately?+
As of Sep, 2 of 2 firms rate SQNS a Buy (0 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their SQNS calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.