Sequans Communications S.A. (SQNS)
NYSE: SQNS · IEX Real-Time Price · USD
0.513
-0.016 (-3.10%)
At close: Apr 25, 2024, 3:58 PM
0.530
+0.017 (3.31%)
After-hours: Apr 25, 2024, 7:40 PM EDT
Sequans Communications Stock Forecast
SQNS's stock price has decreased by -76.68% in the past year and price targets may not have had time to catch up.
Stock Price Forecast
The 2 analysts with 12-month price forecasts for SQNS stock have an average target of 3.00, which predicts an increase of 484.80% from the current stock price of 0.51.
Analyst Consensus: Strong Buy
* Price targets were last updated on Aug 8, 2023.
Analyst Ratings
The average analyst rating for SQNS stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| 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 | 3 | 3 | 3 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Buy Maintains $7 → $3 | Buy | Maintains | $7 → $3 | +484.80% | Aug 8, 2023 |
| Needham | Needham | Strong Buy Maintains $5 → $3 | Strong Buy | Maintains | $5 → $3 | +484.80% | May 4, 2023 |
| Needham | Needham | Strong Buy Maintains $7 → $5 | Strong Buy | Maintains | $7 → $5 | +874.66% | Feb 16, 2023 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $8 → $7 | Strong Buy | Maintains | $8 → $7 | +1,264.52% | Feb 15, 2023 |
| Needham | Needham | Strong Buy Maintains $5 → $7 | Strong Buy | Maintains | $5 → $7 | +1,264.52% | 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
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.