What is Northland Securities’ Forecast for SQNS Q2 Earnings?

Sequans Communications S.A. (NYSE:SQNS) – Analysts at Northland Securities lowered their Q2 2026 EPS estimates for shares of Sequans Communications in a research report issued to clients and investors on Tuesday, May 5th. Northland Securities analyst M. Grondahl now forecasts that the semiconductor company will post earnings of ($0.48) per share for the quarter, down from their prior estimate of ($0.37). The consensus estimate for Sequans Communications’ current full-year earnings is ($1.47) per share. Northland Securities also issued estimates for Sequans Communications’ Q3 2026 earnings at ($0.33) EPS, Q4 2026 earnings at ($0.23) EPS, FY2026 earnings at ($2.43) EPS, Q1 2027 earnings at ($0.28) EPS, Q2 2027 earnings at ($0.30) EPS, Q3 2027 earnings at ($0.26) EPS, Q4 2027 earnings at ($0.23) EPS and FY2027 earnings at ($1.07) EPS.

SQNS has been the topic of a number of other research reports. Zacks Research cut shares of Sequans Communications from a “hold” rating to a “strong sell” rating in a report on Monday, April 20th. B. Riley Financial lowered their target price on shares of Sequans Communications from $11.00 to $8.00 and set a “buy” rating on the stock in a report on Wednesday, February 11th. Weiss Ratings reissued a “sell (d)” rating on shares of Sequans Communications in a report on Friday, March 27th. Finally, Wall Street Zen raised shares of Sequans Communications from a “strong sell” rating to a “sell” rating in a report on Saturday, May 9th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $20.33.

Sequans Communications Trading Up 10.2%

NYSE:SQNS opened at $4.20 on Friday. The company has a current ratio of 0.47, a quick ratio of 0.42 and a debt-to-equity ratio of 0.02. The stock has a market capitalization of $60.19 million, a PE ratio of -0.31 and a beta of 0.66. The firm’s 50 day moving average is $3.02 and its 200 day moving average is $4.37. Sequans Communications has a 12 month low of $2.38 and a 12 month high of $58.30.

Institutional Trading of Sequans Communications

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Bank of America Corp DE purchased a new stake in Sequans Communications in the 3rd quarter worth approximately $26,000. SmartHarvest Portfolios LLC purchased a new stake in shares of Sequans Communications in the first quarter worth $60,000. XTX Topco Ltd purchased a new stake in shares of Sequans Communications in the fourth quarter worth $73,000. Virtu Financial LLC purchased a new stake in shares of Sequans Communications in the fourth quarter worth $75,000. Finally, J. Derek Lewis & Associates Inc. purchased a new stake in shares of Sequans Communications in the fourth quarter worth $85,000. Institutional investors own 63.33% of the company’s stock.

Key Stories Impacting Sequans Communications

Here are the key news stories impacting Sequans Communications this week:

• Neutral Sentiment: Northland Securities reiterated a cautious outlook on Sequans Communications (SQNS) by trimming earnings estimates for several upcoming quarters and fiscal years, including FY2026 and FY2027, which may pressure sentiment even as the stock has been rising. MarketBeat Sequans Communications estimate updates
• Negative Sentiment: The sharp reduction in projected EPS suggests analysts see a longer path to profitability for the semiconductor company, which is a headwind for valuation and could limit further upside if execution does not improve. MarketBeat Sequans Communications estimate updates
• Negative Sentiment: A separate report also said Sequans’ price target was cut by 10% to $11.48, reinforcing that some analysts remain less optimistic about the stock’s near-term earnings trajectory. MSN price target decrease article

About Sequans Communications

Sequans Communications is a fabless semiconductor company specializing in cellular IoT and broadband connectivity solutions. The company designs and delivers a range of LTE and 5G chips, modules and connectivity platforms that enable low-power wide-area (LPWA) networking as well as high-speed broadband services. Sequans’s products are targeted at Internet of Things (IoT) applications, including smart metering, industrial automation, smart cities and consumer electronics, as well as more data-intensive use cases such as fixed wireless access and private networks.

The company’s portfolio includes single-mode LTE chipsets for narrowband IoT (NB-IoT) and LTE-M, multi-mode platforms that combine LTE and 5G New Radio (NR) support, and modules that integrate RF front-ends, power management and embedded software.