Analyst Price Target is $3.01
▲ +19.92% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Sequans Communications in the last 3 months. The average price target is $3.01, with a high forecast of $3.03 and a low forecast of $3.00. The average price target represents a 19.92% upside from the last price of $2.51.
Current Consensus is
The current consensus among 2 investment analysts is to moderate buy stock in Sequans Communications. This Moderate Buy consensus rating has held steady for over two years.
Sequans Communications S.A. engages in the fabless designing, developing, and supplying of cellular semiconductor solutions for massive and broadband Internet of Things (IoT) markets in Taiwan, Korea, China, rest of Asia, Germany, the United States, and internationally. It offers baseband solutions for use in encoding and decoding data based on 4G and 5G protocols for wireless processing platform for a cellular device; RF transceivers used to transmit and receive wireless transmissions; highly integrated SoC solutions that combine various functions into a single die or package; and LTE modules. The company also provides software, including source code and tools to enable manufacturers to integrate their solutions into their devices; and design support services. The company serves OEMs and ODMs Customers, as well as 4G and 5G wireless carriers. Sequans Communications S.A. was incorporated in 2003 and is based in Paris, France.