Sequans Communications S.A. (SQNS)
NYSE: SQNS · IEX Real-Time Price · USD
0.490
+0.006 (1.30%)
At close: Jul 19, 2024, 4:00 PM
0.503
+0.013 (2.67%)
Pre-market: Jul 22, 2024, 6:01 AM EDT
Sequans Communications Stock Forecast
SQNS's stock price has decreased by -80% in the past year and price targets may not have had time to catch up.
Stock Price Forecast
The 1 analyst with a 12-month price forecast for SQNS stock has a target of 3.00, which predicts an increase of 512.24% from the current stock price of 0.49.
Analyst Consensus: Buy
* Price targets were last updated on Aug 8, 2023.
Analyst Ratings
According to 1 stock analyst, the rating for SQNS is "Buy". This means that the analyst believes this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Mar '23 | Apr '23 | May '23 | Jun '23 | Jul '23 | Aug '23 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Buy Maintains $7 → $3 | Buy | Maintains | $7 → $3 | +512.24% | Aug 8, 2023 |
| Needham | Needham | Strong Buy Maintains $5 → $3 | Strong Buy | Maintains | $5 → $3 | +512.24% | May 4, 2023 |
| Needham | Needham | Strong Buy Maintains $7 → $5 | Strong Buy | Maintains | $7 → $5 | +920.41% | Feb 16, 2023 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $8 → $7 | Strong Buy | Maintains | $8 → $7 | +1,328.57% | Feb 15, 2023 |
| Needham | Needham | Strong Buy Maintains $5 → $7 | Strong Buy | Maintains | $5 → $7 | +1,328.57% | Aug 31, 2022 |
Financial Forecast
Revenue This Year
46.31M
from 33.62M
Increased by 37.76%
Revenue Next Year
101.59M
from 46.31M
Increased by 119.38%
EPS This Year
-0.42
from -0.72
EPS Next Year
n/a
from -0.42
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 47.7M | 104.6M |
| Avg | 46.3M | 101.6M |
| Low | 44.5M | 97.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 41.8% | 125.8% |
| Avg | 37.8% | 119.4% |
| Low | 32.4% | 110.8% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.43 | - |
| Avg | -0.42 | - |
| Low | -0.40 | - |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | - |
| Avg | - | - |
| Low | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.