| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 08/31/2022 | 82.29% | Needham | $5 → $7 | Maintains | Buy |
| 06/15/2022 | 30.21% | B. Riley Securities | $6 → $5 | Maintains | Buy |
| 05/04/2022 | 30.21% | Needham | $7 → $5 | Maintains | Buy |
| 06/24/2021 | 134.38% | Needham | $11 → $9 | Maintains | Buy |
| 10/28/2020 | 69.27% | Needham | $8.5 → $6.5 | Maintains | Buy |
| 05/18/2020 | 212.5% | B. Riley Securities | → $12 | Reinstates | → Buy |
| 04/24/2020 | 108.33% | Canaccord Genuity | $7 → $8 | Maintains | Buy |
| 04/23/2020 | 95.31% | Needham | $7 → $7.5 | Maintains | Buy |
| 10/31/2018 | -34.9% | Canaccord Genuity | $3 → $2.5 | Maintains | Buy |
| 02/12/2018 | -28.39% | B. Riley Securities | $3.25 → $2.75 | Maintains | Buy |
| 01/05/2018 | 4.17% | Roth Capital | → $4 | Initiates Coverage On | → Buy |
| 10/10/2017 | 4.17% | Baird | $5 → $4 | Maintains | Outperform |
| 10/05/2017 | -8.85% | B. Riley Securities | $5.5 → $3.5 | Maintains | Buy |
Sequans Communications Questions & Answers
The latest price target for Sequans Communications (NYSE: SQNS) was reported by Needham on August 31, 2022. The analyst firm set a price target for $7.00 expecting SQNS to rise to within 12 months (a possible 82.29% upside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for Sequans Communications (NYSE: SQNS) was provided by Needham, and Sequans Communications maintained their buy rating.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Sequans Communications, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Sequans Communications was filed on August 31, 2022 so you should expect the next rating to be made available sometime around August 31, 2023.
While ratings are subjective and will change, the latest Sequans Communications (SQNS) rating was a maintained with a price target of $5.00 to $7.00. The current price Sequans Communications (SQNS) is trading at is $3.84, which is out of the analyst's predicted range.