Sequans Communications S.A. (NYSE:SQNS) Given Average Recommendation of “Hold” by Analysts

Sequans Communications S.A. (NYSE:SQNS) has earned a consensus recommendation of “Hold” from the five brokerages that are covering the stock, MarketBeat reports. Two research analysts have rated the stock with a sell rating, two have given a buy rating and one has issued a strong buy rating on the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $20.3333.

Several brokerages have recently commented on SQNS. Wall Street Zen raised Sequans Communications from a “strong sell” rating to a “sell” rating in a report on Saturday, May 9th. Zacks Research lowered Sequans Communications from a “hold” rating to a “strong sell” rating in a report on Monday, April 20th. B. Riley Financial cut their price objective on Sequans Communications from $11.00 to $8.00 and set a “buy” rating for the company in a report on Wednesday, February 11th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Sequans Communications in a report on Friday, March 27th.

More Sequans Communications News

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

• Negative Sentiment: Northland Securities lowered earnings estimates across multiple periods, including FY2026 and FY2027, reflecting expectations for deeper losses than previously forecast.
• Negative Sentiment: The analyst also trimmed quarterly forecasts for Q2 2026, Q3 2026, Q4 2026, and Q1-Q4 2027, reinforcing concerns about Sequans’ earnings trajectory.
• Negative Sentiment: A separate note on May 14 reported a lower price target for Sequans Communications SA Depositary Receipt (SQNS), adding to the bearish tone around the stock. Price target decreased

Institutional Trading of Sequans Communications

A number of hedge funds have recently bought and sold shares of SQNS. Bank of America Corp DE bought a new stake in Sequans Communications in the third quarter valued at approximately $26,000. XTX Topco Ltd bought a new stake in Sequans Communications in the fourth quarter valued at approximately $73,000. Virtu Financial LLC bought a new stake in Sequans Communications in the fourth quarter valued at approximately $75,000. J. Derek Lewis & Associates Inc. purchased a new position in shares of Sequans Communications during the fourth quarter valued at approximately $85,000. Finally, Quadrature Capital Ltd purchased a new position in shares of Sequans Communications during the fourth quarter valued at approximately $101,000. Institutional investors own 63.33% of the company’s stock.

Sequans Communications Stock Down 4.5%

SQNS stock opened at $4.03 on Friday. The company has a quick ratio of 0.42, a current ratio of 0.47 and a debt-to-equity ratio of 0.02. The firm has a market capitalization of $57.75 million, a PE ratio of -0.30 and a beta of 0.66. Sequans Communications has a twelve month low of $2.38 and a twelve month high of $58.30. The stock has a 50-day simple moving average of $3.03 and a two-hundred day simple moving average of $4.37.

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.