Sequans Communications S.A. (SQNS)

NYSE: SQNS · Real-Time Price · USD
2.330
-0.140 (-5.67%)
Oct 21, 2024, 4:00 PM EDT - Market closed
-5.67%
Market Cap 57.95M
Revenue (ttm) 28.26M
Net Income (ttm) -39.53M
Shares Out 24.87M
EPS (ttm) -1.72
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 56,598
Open 2.360
Previous Close 2.470
Day's Range 2.280 - 2.424
52-Week Range 0.850 - 7.430
Beta 0.25
Analysts Strong Buy
Price Target 7.50 (+221.89%)
Earnings Date Oct 31, 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 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 system-on-chip solutions that combine various ... [Read more]

Industry Semiconductors
Sector Technology
IPO Date Apr 15, 2011
Employees 264
Stock Exchange NYSE
Ticker Symbol SQNS
Full Company Profile

Financial Performance

In 2023, Sequans Communications's revenue was $33.62 million, a decrease of -44.48% compared to the previous year's $60.55 million. Losses were -$40.99 million, 355.0% more than in 2022.

Financial Statements

Analyst Forecast

According to one analyst, the rating for SQNS stock is "Strong Buy" and the 12-month stock price forecast is $7.5.

Price Target
$7.5
(221.89% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Sequans Monarch LTE-M/NB-IoT Module Powers the Next-Generation Building36 Connected Thermostat

Paris, France--(Newsfile Corp. - October 8, 2024) - Sequans Communications S.A. (NYSE: SQNS), a leading 4G/5G IoT semiconductor company, announces today that Building36, an Alarm.com company and innov...

13 days ago - Newsfile Corp

Sequans Reaffirms Commitment to Massive IoT Market

The Recent Qualcomm Transaction Boosts Sequans' Capacity to Serve Customers and Further Develop its Massive IoT Roadmap Paris, France--(Newsfile Corp. - October 1, 2024) - Sequans Communications S.A. ...

20 days ago - Newsfile Corp

Qualcomm and Sequans Complete Sale of 4G IoT Technology

San Diego, California and Paris, France--(Newsfile Corp. - September 30, 2024) - Qualcomm Incorporated, a global leader in high-performance at low-power solutions, through its subsidiary, Qualcomm Tec...

21 days ago - Newsfile Corp

Sequans Communications Announces Change in Ratio of American Depositary Shares to Ordinary Shares

Paris, France--(Newsfile Corp. - September 27, 2024) - Sequans Communications S.A. (NYSE: SQNS), a leading provider of 4G and 5G semiconductors and modules for the Internet of Things, today announced ...

24 days ago - Newsfile Corp

Sequans Communications Preliminary Second Quarter 2024 Financial Results

Agrees to Sell its 4G IoT Technology for $200M to Qualcomm While Retaining License for Ongoing Use and Development Management to Hold a Conference Call Today, August 23, at 8:30 am ET Paris, France--(...

2 months ago - Newsfile Corp

Qualcomm and Sequans Reach Agreement on Sale of 4G IoT Technology

Strengthens Qualcomm's Industrial IoT portfolio, offering low-power solutions for reliable, optimized cellular connectivity for IoT applications Expands and accelerates Qualcomm's leadership position ...

Other symbols: QCOM
2 months ago - Newsfile Corp

Sequans Provides Key Business Updates

Advances on Key Business Initiatives. Reports First Quarter 2024 Summary Financial Results.

4 months ago - Newsfile Corp

Sequans Announces a New $15 Million Licensing Agreement

Reinforcing Licensing Business Strategy Paris, France--(Newsfile Corp. - June 18, 2024) - Sequans Communications S.A. (NYSE: SQNS), a leading developer and provider of 5G/4G semiconductors and modules...

4 months ago - Newsfile Corp

Itron Selects Sequans Monarch 2 To Connect Next Generation Intelis wSource Water Meters

Ultra-low power consumption of Monarch 2 improves Itron's operational efficiency in smart water solutions Paris, France--(Newsfile Corp. - June 11, 2024) - Sequans Communications S.A. (NYSE: SQNS) ann...

4 months ago - Newsfile Corp

Sequans Cassiopeia CA410 Module Awarded Industry Certification and Completes Successful Utility Field Testing

First-of-its-kind module supports both public and private utilities networks Paris, France--(Newsfile Corp. - May 20, 2024) - Sequans Communications, S.A. (NYSE: SQNS), leader in 4G/5G cellular IoT ch...

5 months ago - Newsfile Corp

Sequans Announces Filing and Availability of 2023 Annual Report on Form 20-F

Paris, France--(Newsfile Corp. - May 15, 2024) - Sequans Communications S.A. (NYSE: SQNS), leading developer and provider of 5G and 4G solutions for broadband and massive IoT, announced today that its...

5 months ago - Newsfile Corp

Sequans Receives Notice of Non-Compliance with NYSE Trading Share Price and Market Capitalization Listing Rules

Paris, France--(Newsfile Corp. - May 9, 2024) - Sequans Communications S.A. (NYSE: SQNS) ("Sequans") (the "Company"), a leading developer and provider of 5G/4G solutions for IoT devices, today announc...

5 months ago - Newsfile Corp

Abeeway Selects Sequans Low Power LTE-M/NB-IoT Cellular IoT Connectivity for Critical Asset Tracking

Paris, France--(Newsfile Corp. - April 23, 2024) - Sequans Communications, S.A. (NYSE: SQNS), leader in 4G/5G cellular IoT chips and modules, announced that Abeeway, a subsidiary of Actility, global l...

6 months ago - Newsfile Corp

Sequans Calliope 2: First Cat 1bis Module Approved by AT&T

Approval extends to FirstNet, built with AT&T Paris, France--(Newsfile Corp. - April 18, 2024) - Sequans Communications, S.A. (NYSE: SQNS), leader in 4G/5G cellular IoT chips and modules, announced th...

6 months ago - Newsfile Corp

Sequans Secures Standstill Agreements on Existing Debt Maturities

Paris, France--(Newsfile Corp. - April 9, 2024) - Sequans Communications S.A. (NYSE: SQNS) ("Sequans") (the "Company"), a leading developer and provider of 5G/4G solutions for IoT devices, issued a st...

6 months ago - Newsfile Corp

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...

7 months 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...

7 months ago - Newsfile Corp

Sequans Communications S.A. SPON ADS EA REPR 4 ORD SHS (POST SPLIT) (SQNS) Q4 2023 Earnings Call Transcript

Sequans Communications S.A. SPON ADS EA REPR 4 ORD SHS (POST SPLIT) (NYSE:SQNS) Q4 2023 Earnings Conference Call March 7, 2024 8:00 AM ET Company Participants Kim Rogers - MD, Hayden IR Georges Karam...

8 months ago - Seeking Alpha

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...

8 months 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...

8 months 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...

8 months 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”).

8 months 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...

8 months 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)...

11 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)...

1 year ago - Newsfile Corp