Analyst Price Target is $11.00
▲ +101.10% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Sequans Communications in the last 3 months. The average price target is $11.00, with a high forecast of $12.00 and a low forecast of $9.00. The average price target represents a 101.10% upside from the last price of $5.47.
Current Consensus is
The current consensus among 4 investment analysts is to buy stock in Sequans Communications. This Buy consensus rating has held steady for over two years.
Sequans Communications S.A. designs, develops, and supplies cellular semiconductor solutions for massive, broadband, and critical Internet of Things (IoT) markets in Taiwan, Korea, China, rest of Asia, the United States, and internationally. It offers a set of 5G/4G chips and modules for non-smartphone devices. For 5G/4G massive IoT applications, the company provides a comprehensive product portfolio based on its flagship Monarch LTE-M/NB-IoT and Calliope Cat 1 chip platforms featuring low power consumption, a set of integrated functionalities, and deployment capability. For 5G/4G broadband and critical IoT applications, Sequans Communications S.A. offers a product portfolio based on its Cassiopeia Cat 4/Cat 6 4G and high-end Taurus 5G chip platforms optimized for residential, enterprise, and industrial applications. The company serves OEMs and ODMs Customers, as well as 4G and 5G wireless carriers. The company was incorporated in 2003 and is headquartered in Paris, France.