Sequans Communications SA (SQNS) Stock Forecast & Price Target
Sequans Communications SA · NYSE
$2.66+0.08 (+3.10%)
15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 3 firms covering Sequans Communications SA, 3 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, $3.50 to $18.00 (about 5.1x), which points to deep disagreement over how to value the company rather than near-term timing. The average target of $9.83 sits 270% above the current $2.66. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $-0.40 next quarter toward $-1.19 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS3 ratings
Strong Buy
Strong Buy00%
Buy3100%
Hold00%
Sell00%
Strong Sell00%
Based on 3 analysts giving stock ratings to Sequans Communications SA.
As of Jul, 3 of 3 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
$-0.40
Range $-0.62 – $-0.27 · 3 analysts · -49% YoY
Next period, 3 analysts expect Sequans Communications SA to earn $-0.40 a share (range $-0.62 – $-0.27), versus $-0.79 a year earlier. Full-year consensus is $-2.55, growing to $-1.19 the year after.
REVENUE · NEXT QUARTER
$10.9M
Range $10.0M – $12.0M · 3 analysts · +155% YoY
Revenue is expected to reach $10.9M (range $10.0M – $12.0M), +154.7% year-over-year. Full-year consensus is $38.2M, rising to $66.4M 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 #123
Buy
$3.50+31.6% to target
Overall win rate
45%
+ Follow
#2
Scott Searle
Roth MKM · Rank #353
Buy
$3.00+12.8% to target
Overall win rate
24%
+ Follow
#3
FS
Fedor Shabalin
B. Riley Securities
Buy
$8.00+200.8% to target
Coverage
—
+ Follow
#4
JS
Jacob Stephen
Lake Street
Buy
$18.00+576.7% to target
Coverage
—
+ Follow
SQNS stock forecast FAQ
What is SQNS's average 12-month price target?+
The 3 analysts with a live target average $9.83 for Sequans Communications SA over the next 12 months, ranging from a $18.00 high to a $3.50 low.
Is SQNS stock a Buy, Sell or Hold right now?+
The current consensus is Strong Buy. Of the 3 analyst ratings, 3 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 $3.50 (Northland Capital Markets). The average of all 3 active targets is $9.83.
How many Wall Street analysts cover SQNS?+
3 analysts have an active rating on Sequans Communications SA, and 3 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 #123). 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 $-0.40 per share (range $-0.62 – $-0.27) across 3 analysts. Full-year EPS is projected at $-2.55, rising to $-1.19 the following year.
How much revenue is Sequans Communications SA expected to report next quarter?+
Consensus revenue is $10.9M (range $10.0M – $12.0M). Full-year revenue is projected at $38.2M, growing to $66.4M next year.
Have analysts been upgrading or downgrading SQNS lately?+
As of Jul, 3 of 3 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.
