Sequans Communications S.A. (SQNS)

NYSE: SQNS · IEX Real-Time Price · USD
0.385
-0.015 (-3.75%)
At close: Mar 28, 2024, 4:00 PM
0.409
+0.024 (6.26%)
After-hours: Mar 28, 2024, 7:29 PM EDT
-3.75%
Market Cap 24.05M
Revenue (ttm) 33.62M
Net Income (ttm) -41.04M
Shares Out 64.08M
EPS (ttm) -0.54
PE Ratio n/a
Forward PE 22.52
Dividend n/a
Ex-Dividend Date n/a
Volume 355,998
Open 0.430
Previous Close 0.400
Day's Range 0.385 - 0.430
52-Week Range 0.385 - 2.970
Beta 0.29
Analysts Strong Buy
Price Target 3.00 (+679.22%)
Earnings Date Mar 7, 2024

About 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 funct... [Read more]

Industry Semiconductors
Sector Technology
IPO Date Apr 15, 2011
Employees 285
Stock Exchange NYSE
Ticker Symbol SQNS
Full Company Profile

Financial Performance

In 2023, SQNS's revenue was $33.62 million, a decrease of -44.48% compared to the previous year's $60.55 million. Losses were -$41.04 million, 355.6% more than in 2022.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for SQNS stock is "Strong Buy." The 12-month stock price forecast is $3.0, which is an increase of 679.22% from the latest price.

Price Target
$3.0
(679.22% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Sequans to Showcase its Cellular IoT Solutions at Embedded World 2024

Including LTE-M/NB-IoT, Cat 1bis, 5G NR, RedCap, and eRedCap Paris, France--(Newsfile Corp. - March 26, 2024) - Sequans Communications, S.A. (NYSE: SQNS), leader in 4G/5G cellular IoT connectivity sol...

3 days ago - Newsfile Corp

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

Paris, France--(Newsfile Corp. - March 18, 2024) - Sequans Communications, S.A. (NYSE: SQNS), a leading cellular IoT chipmaker, announces that it has been granted financing of 10.9 million EUR from th...

10 days ago - Newsfile Corp

Sequans Communications Announces Preliminary Fourth Quarter and Full Year 2023 Financial Results

Paris, France--(Newsfile Corp. - March 7, 2024) - Sequans Communications S.A. (NYSE: SQNS), a leading developer and provider of 5G/4G solutions for IoT devices, today announced preliminary financial r...

22 days ago - Newsfile Corp

Sequans Provides Statement on Renesas Termination of MOU and Announces Conference Call to Review Fourth Quarter and Full Year 2023 Results and Outlook for Full Year 2024

Paris, France--(Newsfile Corp. - February 26, 2024) - Sequans Communications S.A. (NYSE: SQNS) ("Sequans") (the "Company"), a leading developer and provider of 5G/4G solutions for IoT devices, today p...

4 weeks ago - Newsfile Corp

Sequans at Mobile World Congress 2024

New products include 5G NR and 5G RedCap Paris, France--(Newsfile Corp. - February 23, 2024) - Sequans Communications (NYSE: SQNS), leader in 4G/5G cellular IoT connectivity solutions, will be showcas...

5 weeks ago - Newsfile Corp

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

TOKYO--(BUSINESS WIRE)-- #Renesas--Renesas has terminated the previously announced Memorandum of Understanding between Renesas and Sequans Communications S.A. (NYSE: SQNS, “Sequans”).

5 weeks ago - Business Wire

Renesas Extends Tender Offer for Proposed Acquisition of Sequans

Shareholders to Receive U.S. $0.7575 per Ordinary Share and U.S. $3.03 per ADS in cash Tokyo, Japan and Paris, France--(Newsfile Corp. - February 20, 2024) - Renesas Electronics Corporation (TSE: 6723...

5 weeks ago - Newsfile Corp

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

Shareholders to Receive U.S. $0.7575 per Ordinary Share and U.S. $3.03 per ADS in cash Tokyo, Japan and Paris, France--(Newsfile Corp. - December 5, 2023) - Renesas Electronics Corporation (TSE: 6723)...

4 months ago - Newsfile Corp

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

Shareholders to Receive U.S. $0.7575 per Ordinary Share and U.S. $3.03 per ADS in cash Tokyo, Japan and Paris, France--(Newsfile Corp. - November 6, 2023) - Renesas Electronics Corporation (TSE: 6723)...

5 months ago - Newsfile Corp

Sequans Communications Announces Third Quarter 2023 Financial Results

Paris, France--(Newsfile Corp. - November 2, 2023) - Sequans Communications S.A. (NYSE: SQNS), a leading developer and provider of 5G/4G solutions for IoT devices, today announced financial results fo...

5 months ago - Newsfile Corp

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

Shareholders to Receive U.S. $0.7575 per Ordinary Share and U.S. $3.03 per ADS in cash Tokyo, Japan and Paris, France--(Newsfile Corp. - October 5, 2023) - Renesas Electronics Corporation (TSE: 6723) ...

6 months ago - Newsfile Corp

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

Shareholders to Receive U.S. $0.7575 per Ordinary Share and U.S. $3.03 per ADS in cash Tokyo, Japan and Paris, France--(Newsfile Corp. - September 11, 2023) - Renesas Electronics Corporation (TSE: 672...

7 months ago - Newsfile Corp

Sequans Board of Directors Recommends that Shareholders Accept Renesas Tender Offer and Tender Shares

Paris, France--(Newsfile Corp. - August 16, 2023) - Sequans Communications S.A. (NYSE: SQNS) ("Sequans"), a leader in 5G/4G cellular IoT chips and modules, today announced that its Board of Directors ...

8 months ago - Newsfile Corp

Sequans Communications Announces Second Quarter 2023 Financial Results

Announces that Sequans has signed a Memorandum of Understanding (MOU) with Renesas Company to Hold a Conference Call Today at August 7 at 8:30 am ET to Discuss the Transaction Paris, France--(Newsfile...

8 months ago - Newsfile Corp

Sequans Announces Conference Call to Review Second Quarter 2023 Results

Tuesday, August 8, 2023 at 8:00 a.m. ET Paris, France--(Newsfile Corp. - July 24, 2023) - Sequans Communications S.A.

8 months ago - Newsfile Corp

Sequans Monarch 2 GM02S NEKTAR EVKs Now Available on Verizon ThingSpace Marketplace

Paris, France--(Newsfile Corp. - July 5, 2023) - Now Available for purchase on Verizon's ThingSpace Marketplace are evaluation kits for Sequans Monarch 2 GM02S module. The Monarch 2 GM02S NEKTAR EVK p...

9 months ago - Newsfile Corp

Sequans Elects Maria Marced to Board of Directors

Paris, France--(Newsfile Corp. - June 29, 2023) - Sequans Communications S.A. (NYSE: SQNS) announced that Dr. Maria Merced has been elected to its board of directors.

9 months ago - Newsfile Corp

Sequans and Geotab Extend Relationship with Adoption of Calliope 2 Cat 1bis Technology

PARIS and TORONTO, ON , May 25, 2023 /PRNewswire/ -- Sequans Communications S.A. (NYSE: SQNS) ("Sequans"), a leader in 5G/4G cellular IoT chips and modules today announced that Geotab® Inc. ("Geotab")...

11 months ago - PRNewsWire

Sequans Introduces Taurus 5G NR: The World's First Chipset Specifically Optimized for 5G Broadband IoT Devices

Purpose-built for 2 Gbps 5G broadband speed Ideal for price-sensitive 5G applications PARIS , May 23, 2023 /PRNewswire/ -- Sequans Communications S.A. (NYSE: SQNS), leader in 5G/4G cellular IoT chips ...

11 months ago - PRNewsWire

Sequans Communications Announces First Quarter 2023 Financial Results

PARIS , May 3, 2023 /PRNewswire/ -- Sequans Communications S.A. (NYSE: SQNS), a leading developer and provider of 5G/4G solutions for IoT devices, today announced financial results for the first quart...

11 months ago - PRNewsWire

Sequans to Participate in the B. Riley 23rd Annual Institutional Investor Conference

PARIS , April 17, 2023 /PRNewswire/ -- Sequans Communications S.A. (NYSE: SQNS), a leading developer and provider of 5G/4G solutions for IoT devices, announced today that Georges Karam, CEO, and Debor...

1 year ago - PRNewsWire

Sequans and Anterix Accelerate Growth of Utility Broadband Device Ecosystem with New Multi-Band Module

4RF, GE, and RAD Collaborate with Sequans and Anterix Paris, France and Woodland Park, New Jersey--(Newsfile Corp. - April 11, 2023) - Sequans Communications S.A. (NYSE: SQNS), a leading provider of c...

Other symbols: ATEX
1 year ago - Newsfile Corp

Sequans Announces Filing and Availability of 2022 Annual Report on Form 20-F

PARIS , March 31, 2023 /PRNewswire/ -- Sequans Communications S.A. (NYSE: SQNS), leading developer and provider of 5G and 4G solutions for broadband and massive IoT, announced today that its Annual Re...

1 year ago - PRNewsWire

Sequans Announces Conference Call to Review First Quarter 2023 Results

Wednesday, May 3, 2023 at 8:00 a.m. ET PARIS , March 31, 2023 /PRNewswire/ -- Sequans Communications S.A.

1 year ago - PRNewsWire

Actility Selects iBASIS and Sequans to Deploy LTE-M Solutions With eSIM and iSIM

LEXINGTON, Mass.--(BUSINESS WIRE)-- #InternetofThings--iBASIS, the leading provider of communications solutions for operators and digital players worldwide, and Sequans Communications S.A. (NYSE: SQNS...

1 year ago - Business Wire