Northland Securities Has Negative View of SQNS Q3 Earnings

Sequans Communications S.A. (NYSE:SQNS) – Northland Securities lowered their Q3 2026 earnings estimates for Sequans Communications in a report issued on Tuesday, August 4th. Northland Securities analyst M. Grondahl now forecasts that the semiconductor company will earn ($0.35) per share for the quarter, down from their previous estimate of ($0.33). The consensus estimate for Sequans Communications’ current full-year earnings is ($2.75) per share. Northland Securities also issued estimates for Sequans Communications’ Q4 2026 earnings at ($0.28) EPS, FY2026 earnings at ($2.53) EPS, Q1 2027 earnings at ($0.27) EPS, Q2 2027 earnings at ($0.26) EPS, Q3 2027 earnings at ($0.23) EPS, Q4 2027 earnings at ($0.17) EPS and FY2027 earnings at ($0.93) EPS.

Other analysts have also issued research reports about the company. Wall Street Zen raised Sequans Communications from a “sell” rating to a “hold” rating in a research report on Saturday. Zacks Research raised Sequans Communications from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 7th. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $13.00.

Sequans Communications Trading Up 2.1%

Shares of SQNS stock opened at $2.78 on Wednesday. The stock has a market capitalization of $41.58 million, a P/E ratio of -0.26 and a beta of 0.83. Sequans Communications has a fifty-two week low of $2.38 and a fifty-two week high of $13.00. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.27 and a current ratio of 1.39. The company has a 50 day moving average price of $3.05 and a 200 day moving average price of $3.26.

Institutional Investors Weigh In On Sequans Communications

A number of large investors have recently modified their holdings of the company. Bank of America Corp DE purchased a new position in Sequans Communications in the third quarter valued at $26,000. XTX Topco Ltd purchased a new stake in Sequans Communications during the 4th quarter worth about $73,000. Virtu Financial LLC acquired a new position in shares of Sequans Communications during the 4th quarter worth about $75,000. J. Derek Lewis & Associates Inc. acquired a new position in shares of Sequans Communications during the 4th quarter worth about $85,000. Finally, Quadrature Capital Ltd purchased a new position in shares of Sequans Communications in the 4th quarter valued at about $101,000. 63.33% of the stock is owned by hedge funds and other 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.