Sequans Communications (NYSE:SQNS – Get Free Report) is projected to release its Q2 2026 results before the market opens on Thursday, July 30th. Analysts expect Sequans Communications to announce earnings of ($0.47) per share and revenue of $7.1250 million for the quarter. Investors are encouraged to explore the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Tuesday, August 4, 2026 at 8:00 AM ET.
Sequans Communications Stock Performance
SQNS stock opened at $2.58 on Tuesday. The stock’s 50 day simple moving average is $3.38 and its 200 day simple moving average is $3.48. The company has a current ratio of 0.47, a quick ratio of 0.42 and a debt-to-equity ratio of 0.02. Sequans Communications has a 12-month low of $2.38 and a 12-month high of $15.65. The stock has a market capitalization of $38.72 million, a PE ratio of -0.19 and a beta of 0.79.
Analysts Set New Price Targets
Several research firms have recently weighed in on SQNS. Wall Street Zen cut Sequans Communications from a “hold” rating to a “sell” rating in a research note on Saturday, June 27th. Zacks Research raised Sequans Communications from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 7th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $20.33.
Hedge Funds Weigh In On Sequans Communications
Several hedge funds and other institutional investors have recently modified their holdings of the company. Quadrature Capital Ltd bought a new stake in shares of Sequans Communications in the fourth quarter worth $101,000. Schonfeld Strategic Advisors LLC purchased a new stake in Sequans Communications during the fourth quarter valued at $443,000. Boothbay Fund Management LLC lifted its holdings in Sequans Communications by 1.5% in the second quarter. Boothbay Fund Management LLC now owns 1,673,609 shares of the semiconductor company’s stock valued at $2,460,000 after acquiring an additional 25,000 shares during the period. Bank of America Corp DE bought a new position in Sequans Communications in the third quarter valued at about $26,000. Finally, DRW Securities LLC purchased a new position in Sequans Communications in the fourth quarter worth about $4,646,000. 63.33% of the stock is owned by institutional investors.
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.
Featured Articles
- Five stocks we like better than Sequans Communications
- AirJoule’s Kubota Deal Is a Major Validation—But the Hard Part Comes Next
- Dividend Stocks May Be the Quiet Rotation Trade Investors Are Missing Now
- Refiner Stocks Are Near Record Highs—Can Iran-Driven Margins Keep Them There?
- Verizon May Be an AI Infrastructure Stock Hiding in Plain Sight
Receive News & Ratings for Sequans Communications Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sequans Communications and related companies with MarketBeat.com's FREE daily email newsletter.
