Sequans Communications S.A. logo

Sequans Communications S.A.

SQNS

NYSETechnologySemiconductors

Previous close

$3.06

+$0.03 · +0.99%

Aug 21, 4:00 PM ET

Pre-market

$3.05

−$0.01 · -0.33%

Aug 24, 7:27 AM ET

SQNS company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

47

Fair Value

Momentum

20

Strong Down

Sentiment

56

Mixed

Risk resilience

30

High Risk

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Company profile

Company website

Sequans Communications S.A., together with its affiliated companies, operates as a fabless semiconductor firm. It specializes in conceiving, developing, and supplying cellular communication solutions specifically designed for both the high-throughput (broadband) and low-power (massive) segments of the Internet of Things (IoT) market. The company's product portfolio is extensive, featuring baseband solutions critical for encoding and decoding data according to 4G and 5G protocols, which serve as the fundamental wireless processing platform for cellular devices. It also produces RF transceivers, essential components for the transmission and reception of wireless signals. Furthermore, Sequans offers highly integrated system-on-chip (SoC) solutions that consolidate multiple functionalities onto a single silicon die or package, alongside a variety of LTE modules. Beyond hardware, Sequans also furnishes software offerings, including development tools designed to facilitate manufacturers' integration of its solutions into their end products. Complementing these, the company provides expert design support services. Sequans' customer base includes Original Equipment Manufacturers (OEMs) and Original Design Manufacturers (ODMs), as well as major 4G and 5G wireless network carriers. The company maintains a significant global operational presence, with key markets spanning China, Taiwan, other parts of Asia, Germany, and the United States. Sequans Communications S.A. was established in 2003 and maintains its corporate headquarters in Paris, France.

Industry
Semiconductors
Sector
Technology
Headquarters
FR
CEO
Georges Karam
Listed since
Apr 19, 2011
Employees
171

Market position

Day range

Current $3.06

52-week range

Current $3.06

Open
$3.10
Previous close
$3.03
Volume
23.04K
0.14× average
Average volume
169.89K
Average daily volume
Market cap
47.61M USD
Beta
0.83
Market reference 1
50-day average
$2.9514
+3.68% above average
200-day average
$3.8753
-21.04% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
119.24M USD
P/E (TTM)
-0.27×
P/B (TTM)
1.1×
P/S (TTM)
1.92×
EV / EBITDA
-1.47×
Earnings yield
-164.25%
Free cash flow yield
-46.15%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
36.81%
Operating margin
-195.04%
Net margin
-637.59%
Return on equity
-80.46%
Return on assets
-41.28%
Return on invested capital
-16.80%

Financial health

Debt / equity
0.17×
Current ratio
0.89×
Altman Z-score
-8.24
Piotroski F-score
3 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends245%19%-207%-433%Gross margin, FY2021: 53.44%Gross margin, FY2022: 70.82%Gross margin, FY2023: 71.81%Gross margin, FY2024: 75.31%Gross margin, FY2025: 54.30%Operating margin, FY2021: -36.01%Operating margin, FY2022: -6.34%Operating margin, FY2023: -88.76%Operating margin, FY2024: 188.79%Operating margin, FY2025: -132.72%Net margin, FY2021: -39.83%Net margin, FY2022: -14.88%Net margin, FY2023: -121.94%Net margin, FY2024: 156.30%Net margin, FY2025: -376.75%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 53.44%. Gross margin FY2022 70.82%. Gross margin FY2023 71.81%. Gross margin FY2024 75.31%. Gross margin FY2025 54.30%. Operating margin FY2021 -36.01%. Operating margin FY2022 -6.34%. Operating margin FY2023 -88.76%. Operating margin FY2024 188.79%. Operating margin FY2025 -132.72%. Net margin FY2021 -39.83%. Net margin FY2022 -14.88%. Net margin FY2023 -121.94%. Net margin FY2024 156.30%. Net margin FY2025 -376.75%.

Income trends

Revenue

27.28M USD-25.95%

Operating income

−36.2M USD−105.73M USD

Net income

−102.76M USD−160.33M USD
Income trends across reported periods86.76M USD17.85M USD−51.07M USD−119.99M USDRevenue, FY2021: 50.88M USDRevenue, FY2022: 60.55M USDRevenue, FY2023: 33.62M USDRevenue, FY2024: 36.83M USDRevenue, FY2025: 27.28M USDOperating income, FY2021: −18.32M USDOperating income, FY2022: −3.84M USDOperating income, FY2023: −29.84M USDOperating income, FY2024: 69.53M USDOperating income, FY2025: −36.2M USDNet income, FY2021: −20.26M USDNet income, FY2022: −9.01M USDNet income, FY2023: −40.99M USDNet income, FY2024: 57.57M USDNet income, FY2025: −102.76M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 50.88M USD. Revenue FY2022 60.55M USD. Revenue FY2023 33.62M USD. Revenue FY2024 36.83M USD. Revenue FY2025 27.28M USD. Operating income FY2021 −18.32M USD. Operating income FY2022 −3.84M USD. Operating income FY2023 −29.84M USD. Operating income FY2024 69.53M USD. Operating income FY2025 −36.2M USD. Net income FY2021 −20.26M USD. Net income FY2022 −9.01M USD. Net income FY2023 −40.99M USD. Net income FY2024 57.57M USD. Net income FY2025 −102.76M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue27.28M USD36.83M USD33.62M USD60.55M USD50.88M USD
Cost of goods sold12.46M USD9.09M USD9.48M USD17.67M USD23.69M USD
Gross profit14.81M USD27.74M USD24.14M USD42.88M USD27.19M USD
Research and development29.94M USD28.53M USD26.12M USD26.61M USD26.41M USD
Selling, general, and administrative21.08M USD26.18M USD27.85M USD20.11M USD19.09M USD
Operating expenses51.01M USD−41.79M USD53.98M USD46.72M USD45.51M USD
Interest income850K USD176K USD68K USD47K USD
Interest expense12.2M USD23M USD10.46M USD9.91M USD10.55M USD
Depreciation and amortization7.97M USD64.04M USD11.94M USD12.02M USD10.55M USD
Operating income−36.2M USD69.53M USD−29.84M USD−3.84M USD−18.32M USD
Net income−102.76M USD57.57M USD−40.99M USD−9.01M USD−20.26M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
36%
4 beats, 5 misses, 2 met estimates
Average EPS surprise
-47.17%
11 comparable reports
Latest EPS result
-0.27
Estimate -0.47 · Beat by 42.55%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates-0.06-1.19-2.32-3.45Q1 '25MissQ2 '25MetQ3 '25MissQ4 '25BeatQ1 '26MissQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 11, 2025: actual -0.8, estimate -0.07, surprise -1042.86%, Miss. Q2 2025, reported May 6, 2025: actual -2.4, estimate -2.4, surprise 0.00%, Met estimate. Q3 2025, reported Jul 31, 2025: actual -3.2, estimate -2.7, surprise -18.52%, Miss. Q4 2025, reported Nov 4, 2025: actual -0.79, estimate -1.3, surprise +39.23%, Beat. Q1 2026, reported Feb 10, 2026: actual -1.19, estimate -0.49, surprise -142.86%, Miss. Q2 2026, reported May 5, 2026: actual -1.42, estimate -0.45, surprise -215.56%, Miss. Q3 2026, reported Aug 4, 2026: actual -0.27, estimate -0.47, surprise +42.55%, Beat. Q4 2026, reported Nov 3, 2026: actual —, estimate -0.47, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates11.54M8.95M6.35M3.76MQ1 '25BeatQ2 '25MetQ3 '25MissQ4 '25MissQ1 '26MissQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 11, 2025: actual 11M USD, estimate 10.5M USD, surprise +4.76%, Beat. Q2 2025, reported May 6, 2025: actual 8.1M USD, estimate 8.1M USD, surprise 0.00%, Met estimate. Q3 2025, reported Jul 31, 2025: actual 8.1M USD, estimate 8.5M USD, surprise -4.71%, Miss. Q4 2025, reported Nov 4, 2025: actual 4.3M USD, estimate 6.27M USD, surprise -31.38%, Miss. Q1 2026, reported Feb 10, 2026: actual 7M USD, estimate 7.1M USD, surprise -1.41%, Miss. Q2 2026, reported May 5, 2026: actual 6.1M USD, estimate 6.18M USD, surprise -1.21%, Miss. Q3 2026, reported Aug 4, 2026: actual 7.5M USD, estimate 7.13M USD, surprise +5.26%, Beat. Q4 2026, reported Nov 3, 2026: actual —, estimate 9.54M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$7.50

145.10% upside
Past 12 months12-month forecastHigh $8.00Average $7.50Low $7.00

Rating distribution

12 ratings
Strong buy00%
Buy1192%
Hold18%
Sell00%
Strong sell00%

Recent analyst actions

1 institution

SQNS news

Corporate actions

Corporate action history

Stock split

Effective Sep 17, 2025

1:10

Stock split

Effective Oct 9, 2024

2:5

Stock split

Effective Nov 29, 2019

1:4

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