Sequans Communications Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for SQNS stock has a target of 7.50, which predicts an increase of 169.78% from the current stock price of 2.78.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$7.50	$7.50	$7.50	$7.50
Change	+169.78%	+169.78%	+169.78%	+169.78%

* Price targets were last updated on Aug 26, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for SQNS is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	2	2	1	1	1	1
Buy	1	1	0	0	0	0
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	3	3	1	1	1	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Scott Searle Roth MKM	Roth MKM	Strong Buy Maintains $7.5	Strong Buy	Maintains	$7.5	+169.78%	Aug 26, 2024
Tristan Gerra Baird	Baird	Buy Maintains $18 → $7.5	Buy	Maintains	$18 → $7.5	+169.78%	Aug 8, 2023
Rajvindra Gill Needham	Needham	Strong Buy Maintains $13 → $7.5	Strong Buy	Maintains	$13 → $7.5	+169.78%	May 4, 2023
Rajvindra Gill Needham	Needham	Strong Buy Maintains $18 → $13	Strong Buy	Maintains	$18 → $13	+349.64%	Feb 16, 2023
Craig Ellis B. Riley Securities	B. Riley Securities	Strong Buy Maintains $20 → $18	Strong Buy	Maintains	$20 → $18	+529.50%	Feb 15, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

37.03M

from 33.62M

10.14%

from 33.62M

Revenue Next Year

40.19M

from 37.03M

8.54%

from 37.03M

EPS This Year

2.31

from -1.82

EPS Next Year

-0.77

from 2.31

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025
Revenue	30.86M	50.92M	50.88M	60.55M	33.62M	37.03M	40.19M
Revenue Growth	-23.32%	64.97%	-0.07%	19.01%	-44.48%	10.14%	8.54%
EPS	-3.90	-4.85	-1.40	-0.50	-1.82	2.31	-0.77
EPS Growth	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	1.21	-
No. Analysts	-	-	-	-	-	3	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025
High	38.1M	41.4M
Avg	37.0M	40.2M
Low	35.6M	38.6M

Revenue Growth

Revenue Growth	2024	2025
High	13.4%	11.7%
Avg	10.1%	8.5%
Low	5.8%	4.3%

EPS Forecast

EPS	2024	2025
High	2.37	-0.79
Avg	2.31	-0.77
Low	2.21	-0.74

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.