What is Northland Securities’ Estimate for SQNS Q1 Earnings?

Sequans Communications S.A. (NYSE:SQNS) – Equities researchers at Northland Securities lowered their Q1 2028 earnings per share estimates for shares of Sequans Communications in a research report issued on Monday, August 31st. Northland Securities analyst M. Grondahl now expects that the semiconductor company will post earnings per share of ($0.31) for the quarter, down from their previous estimate of ($0.29). The consensus estimate for Sequans Communications’ current full-year earnings is ($2.83) per share. Northland Securities also issued estimates for Sequans Communications’ Q2 2028 earnings at ($0.32) EPS, FY2028 earnings at ($1.31) EPS, FY2029 earnings at ($1.51) EPS and FY2030 earnings at ($1.73) EPS.

Sequans Communications (NYSE:SQNS) last announced its quarterly earnings data on Tuesday, August 4th. The semiconductor company reported ($0.27) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.47) by $0.20. Sequans Communications had a negative return on equity of 54.51% and a negative net margin of 637.49%.The firm had revenue of $7.50 million for the quarter, compared to analysts’ expectations of $7.12 million.

A number of other equities research analysts also recently weighed in on SQNS. B. Riley Financial lowered their price objective on shares of Sequans Communications from $8.00 to $5.00 and set a “buy” rating for the company in a research report on Monday, August 24th. Wall Street Zen raised shares of Sequans Communications from a “sell” rating to a “hold” rating in a report on Saturday, August 8th. Zacks Research upgraded Sequans Communications from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 7th. Finally, Weiss Ratings lowered Sequans Communications from a “sell (d)” rating to a “sell (e+)” rating in a report on Tuesday, August 11th. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $11.50.

Sequans Communications Stock Up 0.2%

Shares of NYSE:SQNS opened at $2.77 on Thursday. The company’s fifty day moving average is $2.94 and its two-hundred day moving average is $3.12. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.27 and a current ratio of 1.39. Sequans Communications has a 1-year low of $2.38 and a 1-year high of $10.93. The stock has a market capitalization of $41.43 million, a price-to-earnings ratio of -0.26 and a beta of 0.86.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Bank of America Corp DE bought a new stake in shares of Sequans Communications during the third quarter valued at approximately $26,000. SmartHarvest Portfolios LLC bought a new position in Sequans Communications in the 1st quarter worth approximately $60,000. XTX Topco Ltd acquired a new stake in Sequans Communications in the 4th quarter valued at approximately $73,000. Virtu Financial LLC bought a new stake in Sequans Communications during the 4th quarter valued at $75,000. Finally, J. Derek Lewis & Associates Inc. acquired a new position in Sequans Communications during the 4th quarter worth $85,000. Institutional investors own 63.33% of the company’s stock.

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.