SQNS Chart
About

Sequans Communications S.A., together with its subsidiaries, engages in the fabless designing, developing, and supplying of cellular semiconductor solutions for massive and broadband internet of things markets. 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 system-on-chip solutions that combine various functions into a single die or package; and LTE modules. The company also provides software, including tools to enable manufacturers to integrate solutions into their devices; and design support services. It serves OEMs and ODMs customers, as well as 4G and 5G wireless carriers. The company operates in China, Taiwan, the rest of Asia, Germany, the United States, and internationally. Sequans Communications S.A. was incorporated in 2003 and is headquartered in Paris, France.

Fundamentals
Scroll to Statements
Sector Technology Industry Semiconductors Market Cap 50.23M
Enterprise Value 4.31B Income -25.73M Sales 31.53M
Book/sh 14.48 Cash/sh 0.01 Dividend Yield —
Payout 0.00% Employees 155 IPO —
P/E 0.27 Forward P/E -8.05 PEG —
P/S 1.59 P/B 0.22 P/C —
EV/EBITDA -49.76 EV/Sales 136.72 Quick Ratio 0.82
Current Ratio 0.97 Debt/Eq 53.29 LT Debt/Eq —
EPS (ttm) 11.81 EPS next Y -0.39 EPS Growth —
Revenue Growth -37.00% Earnings 2026-02-10 06:00 ROA -6.37%
ROE -18.17% ROIC — Gross Margin 62.26%
Oper. Margin -132.47% Profit Margin -81.58% Shs Outstand 16.00M
Shs Float 1.06B Short Float 20.47% Short Ratio 2.53
Short Interest — 52W High 58.30 52W Low 2.83
Beta 0.31 Avg Volume 191.08K Volume 205.61K
Target Price $12.50 Recom Strong_buy Prev Close $2.73
Price $3.14 Change 15.02%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$12.50
Mean price target
2. Current target
$3.13
Latest analyst target
3. DCF / Fair value
$-296.45
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$3.13
Low
$8.00
High
$20.00
Mean
$12.50

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-02-11 main B. Riley Securities Buy → Buy $8
2025-12-10 init Lake Street — → Buy $18
2025-11-20 main B. Riley Securities Buy → Buy $11
2025-10-16 init B. Riley Securities — → Buy $13
2025-08-11 init Northland Capital Markets — → Outperform $4
2023-08-08 main Baird Outperform → Outperform $3
2023-05-04 main Needham — → Buy $3
2023-02-16 main Needham — → Buy $5
2023-02-15 main B. Riley Securities — → Buy $7
2022-08-31 main Needham — → Buy $7
2022-06-15 main B. Riley Securities — → Buy $5
2022-05-04 main Needham — → Buy $5
2021-06-24 main Needham — → Buy $9
2020-10-28 main Needham — → Buy $7
2020-04-24 main Canaccord Genuity — → Buy $8
2020-04-23 main Needham — → Buy $8
2018-10-31 main Canaccord Genuity Buy → Buy $3
2018-02-12 main B. Riley Securities Buy → Buy $3
2018-01-05 init Roth Capital — → Buy $4
2017-10-10 main Baird — → Outperform $4
Insider Transactions

No recent insider transactions.

Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems6.55M578.55K1.77M2.69M
TaxRateForCalcs0.060.210.210.27
NormalizedEBITDA37.20M-18.66M7.22M-8.50M
TotalUnusualItems110.94M2.75M8.44M9.96M
TotalUnusualItemsExcludingGoodwill110.94M2.75M8.44M9.96M
NetIncomeFromContinuingOperationNetMinorityInterest57.57M-40.99M-9.01M-20.26M
ReconciledDepreciation64.04M11.94M12.02M10.55M
ReconciledCostOfRevenue9.09M9.48M17.67M23.69M
EBITDA148.14M-15.91M15.66M1.47M
EBIT84.10M-27.85M3.65M-9.09M
NetInterestIncome-22.88M-11.23M-10.86M-11.28M
InterestExpense23.00M10.46M9.90M10.55M
InterestIncome850.00K176.00K68.00K47.00K
NormalizedIncome-46.83M-43.17M-15.67M-27.54M
NetIncomeFromContinuingAndDiscontinuedOperation57.57M-40.99M-9.01M-20.26M
TotalExpenses63.79M63.45M64.39M69.20M
TotalOperatingIncomeAsReported69.53M-29.84M-3.84M-18.32M
DilutedAverageShares86.74K2.51M2.25M1.85M
BasicAverageShares86.74K2.51M2.25M1.85M
DilutedEPS-1.18K22.69-18.25-5.00
BasicEPS-1.18K22.69-18.25-5.00
DilutedNIAvailtoComStockholders57.57M-40.99M-9.01M-20.26M
NetIncomeCommonStockholders57.57M-40.99M-9.01M-20.26M
NetIncome57.57M-40.99M-9.01M-20.26M
NetIncomeIncludingNoncontrollingInterests57.57M-40.99M-9.01M-20.26M
NetIncomeContinuousOperations57.57M-40.99M-9.01M-20.26M
TaxProvision3.54M2.67M2.75M625.00K
PretaxIncome61.10M-38.32M-6.26M-19.64M
OtherIncomeExpense110.94M2.75M8.44M9.96M
SpecialIncomeCharges110.45M247.00K476.00K5.18M
GainOnSaleOfPPE153.13M0.000.00
OtherSpecialCharges-13.95M-247.00K-476.00K-5.18M
ImpairmentOfCapitalAssets56.63M0.000.00
GainOnSaleOfSecurity497.00K2.51M7.96M4.79M
NetNonOperatingInterestIncomeExpense-22.88M-11.23M-10.86M-11.28M
TotalOtherFinanceCost731.00K946.00K1.02M778.00K
InterestExpenseNonOperating23.00M10.46M9.90M10.55M
InterestIncomeNonOperating850.00K176.00K68.00K47.00K
OperatingIncome-26.96M-29.84M-3.84M-18.32M
OperatingExpense54.70M53.98M46.72M45.51M
DepreciationAmortizationDepletionIncomeStatement2.46M
DepreciationAndAmortizationInIncomeStatement2.46M
Amortization2.46M
AmortizationOfIntangiblesIncomeStatement2.46M
ResearchAndDevelopment28.53M26.12M26.61M26.41M
SellingGeneralAndAdministration26.18M27.85M20.11M19.09M
SellingAndMarketingExpense11.77M11.86M10.03M9.05M
GeneralAndAdministrativeExpense14.40M15.99M10.08M10.04M
OtherGandA14.40M15.99M10.08M10.04M
GrossProfit27.74M24.14M42.88M27.19M
CostOfRevenue9.09M9.48M17.67M23.69M
TotalRevenue36.83M33.62M60.55M50.88M
OperatingRevenue36.83M33.62M60.55M50.88M
Line Item2023-12-31
TreasurySharesNumber0.00
OrdinarySharesNumber251.41M246.26M193.43M151.42M
ShareIssued251.41M246.26M193.43M151.42M
NetDebt5.49M71.87M57.26M61.33M
TotalDebt16.36M80.69M66.50M70.79M
TangibleBookValue49.72M-70.37M-46.60M-62.29M
InvestedCapital69.94M71.50M65.04M41.86M
WorkingCapital50.81M-70.96M3.61M-7.84M
NetTangibleAssets49.72M-70.37M-46.60M-62.29M
CapitalLeaseObligations1.77M3.12M3.57M4.62M
CommonStockEquity55.36M-6.07M2.10M-24.31M
TotalCapitalization60.97M-3.14M54.12M29.45M
TotalEquityGrossMinorityInterest55.36M-6.07M2.10M-24.31M
StockholdersEquity55.36M-6.07M2.10M-24.31M
OtherEquityInterest-796.00K-416.00K-391.00K-26.00K
GainsLossesNotAffectingRetainedEarnings74.50M70.26M62.87M57.20M
OtherEquityAdjustments74.50M70.26M62.87M57.20M
RetainedEarnings-35.80M-93.36M-65.10M-383.55M
AdditionalPaidInCapital14.51M14.57M2.42M298.39M
CapitalStock2.93M2.88M2.31M3.69M
CommonStock2.93M2.88M2.31M3.69M
TotalLiabilitiesNetMinorityInterest51.17M115.24M96.65M113.87M
TotalNonCurrentLiabilitiesNetMinorityInterest9.00M7.39M59.82M65.13M
DerivativeProductLiabilities3.20M10.08M
TradeandOtherPayablesNonCurrent0.000.001.79M964.00K
NonCurrentDeferredLiabilities1.66M592.00K1.53M4.89M
NonCurrentDeferredRevenue1.49M328.00K1.28M4.75M
NonCurrentDeferredTaxesLiabilities173.00K264.00K258.00K138.00K
LongTermDebtAndCapitalLeaseObligation5.94M4.57M54.30M57.13M
LongTermCapitalLeaseObligation333.00K1.65M2.28M3.37M
LongTermDebt5.61M2.93M52.02M53.76M
LongTermProvisions1.40M2.22M2.20M2.14M
CurrentLiabilities42.17M107.86M36.83M48.74M
OtherCurrentLiabilities2.27M1.52M781.00K1.19M
CurrentDeferredLiabilities11.65M6.56M6.93M11.99M
CurrentDeferredRevenue11.65M6.56M6.93M11.99M
CurrentDebtAndCapitalLeaseObligation10.41M76.12M12.21M13.65M
CurrentCapitalLeaseObligation1.44M1.47M1.29M1.25M
CurrentDebt8.97M74.64M10.91M12.41M
OtherCurrentBorrowings8.97M74.64M10.91M2.89M
LineOfCredit9.54M7.72M9.52M
PensionandOtherPostRetirementBenefitPlansCurrent8.15M7.38M7.50M7.99M
CurrentProvisions763.00K77.00K
PayablesAndAccruedExpenses8.93M16.28M9.34M13.92M
Payables8.93M16.28M9.34M13.92M
TotalTaxPayable2.83M0.000.00
IncomeTaxPayable2.83M0.000.00
AccountsPayable6.11M16.28M9.34M13.92M
TotalAssets106.53M109.17M98.75M89.56M
TotalNonCurrentAssets13.55M72.28M58.31M48.66M
NonCurrentPrepaidAssets3.25M801.00K783.00K2.31M
InvestmentsAndAdvances353.00K360.00K337.00K357.00K
InvestmentinFinancialAssets353.00K360.00K337.00K357.00K
AvailableForSaleSecurities337.00K357.00K
TradingSecurities353.00K360.00K337.00K357.00K
GoodwillAndOtherIntangibleAssets5.64M64.30M48.70M37.98M
OtherIntangibleAssets5.64M64.30M48.70M37.98M
NetPPE4.31M6.82M8.49M8.01M
AccumulatedDepreciation-43.02M-41.04M-36.77M-33.30M
GrossPPE47.33M47.85M45.26M41.31M
Leases1.42M1.50M1.42M1.44M
OtherProperties7.19M7.43M7.08M6.69M
MachineryFurnitureEquipment38.72M38.92M36.77M33.18M
Properties0.000.000.000.00
CurrentAssets92.98M36.90M40.44M40.90M
PrepaidAssets1.41M1.42M1.40M2.11M
Inventory2.87M6.33M9.39M6.43M
FinishedGoods1.90M2.69M3.35M3.98M
RawMaterials977.00K3.64M6.04M2.46M
Receivables26.61M23.43M18.98M27.53M
OtherReceivables17.61M5.46M5.97M8.04M
TaxesReceivable4.18M9.86M4.51M5.86M
AccountsReceivable4.81M8.12M8.49M13.62M
AllowanceForDoubtfulAccountsReceivable-2.40M-2.69M-2.75M-3.25M
GrossAccountsReceivable7.21M10.80M11.24M16.88M
CashCashEquivalentsAndShortTermInvestments62.09M5.71M10.67M4.83M
OtherShortTermInvestments53.00M0.005.00M0.00
CashAndCashEquivalents9.09M5.71M5.67M4.83M
CashEquivalents8.00K8.00K7.00K7.00K
CashFinancial9.09M5.70M5.66M4.83M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-39.26M-36.83M-24.50M-37.42M
RepaymentOfDebt-82.46M-3.39M-2.98M-18.95M
IssuanceOfDebt18.26M11.03M3.05M39.70M
IssuanceOfCapitalStock0.0025.45M30.11M9.85M
CapitalExpenditure-19.74M-29.57M-22.66M-28.92M
EndCashPosition9.09M5.71M5.67M4.83M
BeginningCashPosition5.71M5.67M4.83M7.57M
EffectOfExchangeRateChanges0.00-4.00K7.00K4.00K
ChangesInCash3.39M38.00K829.00K-2.74M
FinancingCashFlow-70.79M31.74M28.71M25.43M
CashFlowFromContinuingFinancingActivities-70.79M31.74M28.71M25.43M
InterestPaidCFF-6.59M-1.36M-1.47M-5.31M
ProceedsFromStockOptionExercised0.000.00138.00K
CashDividendsPaid0.000.000.000.00
NetCommonStockIssuance0.0025.45M30.11M9.85M
CommonStockIssuance0.0025.45M30.11M9.85M
NetIssuancePaymentsOfDebt-64.20M7.64M71.00K20.75M
NetShortTermDebtIssuance3.33M1.48M3.05M-783.00K
ShortTermDebtPayments-939.00K-812.00K-804.00K
ShortTermDebtIssuance3.33M1.48M3.05M21.00K
NetLongTermDebtIssuance-67.53M6.16M-2.98M21.53M
LongTermDebtPayments-82.46M-3.39M-2.98M-18.15M
LongTermDebtIssuance14.93M9.54M0.0039.68M
InvestingCashFlow93.69M-24.44M-26.05M-19.67M
CashFlowFromContinuingInvestingActivities93.69M-24.44M-26.05M-19.67M
InterestReceivedCFI850.00K176.00K68.00K47.00K
NetInvestmentPurchaseAndSale-53.03M4.96M-3.45M9.21M
SaleOfInvestment1.55M10.90M
PurchaseOfInvestment-5.00M-1.69M
NetIntangiblesPurchaseAndSale162.29M-5.46M-7.17M-9.54M
SaleOfIntangibles165.61M0.000.00
PurchaseOfIntangibles-3.32M-5.46M-7.17M-9.54M
CapitalExpenditureReported-16.43M-24.11M-15.49M-19.38M
OperatingCashFlow-19.51M-7.26M-1.84M-8.51M
CashFlowFromContinuingOperatingActivities-19.51M-7.26M-1.84M-8.51M
TaxesRefundPaid-753.00K-2.20M-2.96M-346.00K
ChangeInWorkingCapital15.00K5.78M-13.45M-6.01M
ChangeInOtherWorkingCapital8.39M-1.28M-8.63M-8.18M
ChangeInPayablesAndAccruedExpense-13.08M7.25M-6.97M4.69M
ChangeInPayable-13.08M7.25M-6.97M4.69M
ChangeInAccountPayable-13.08M7.25M-6.97M4.69M
ChangeInInventory3.14M3.05M-2.95M-208.00K
ChangeInReceivables1.56M-3.25M5.10M-2.32M
ChangesInAccountReceivables3.64M-41.00K6.66M1.37M
OtherNonCashItems22.88M11.23M10.86M6.11M
StockBasedCompensation4.09M7.10M5.48M5.13M
ProvisionandWriteOffofAssets191.00K-97.00K207.00K461.00K
AssetImpairmentCharge0.000.0065.00K
DepreciationAmortizationDepletion64.04M11.94M12.02M10.55M
DepreciationAndAmortization64.04M11.94M12.02M10.55M
AmortizationCashFlow60.69M7.35M8.04M7.20M
AmortizationOfIntangibles60.69M7.35M8.04M7.20M
Depreciation3.35M4.59M3.98M3.35M
OperatingGainsLosses-171.08M-2.71M-7.72M-4.83M
GainLossOnInvestmentSecurities-3.00K-3.20M-6.88M-3.85M
NetForeignCurrencyExchangeGainLoss-29.00K741.00K-394.00K-1.03M
GainLossOnSaleOfPPE0.0024.00K48.00K
NetIncomeFromContinuingOperations61.10M-38.32M-6.26M-19.64M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for SQNS
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