Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
---|---|---|---|---|---|
08/08/2023 | 7.53% | Baird | $7 → $3 | Maintains | Outperform |
05/04/2023 | 7.53% | Needham | $5 → $3 | Maintains | Buy |
02/16/2023 | 79.21% | Needham | $7 → $5 | Maintains | Buy |
02/15/2023 | 150.9% | B. Riley Securities | $8 → $7 | Maintains | Buy |
08/31/2022 | 150.9% | Needham | $5 → $7 | Maintains | Buy |
06/15/2022 | 79.21% | B. Riley Securities | $6 → $5 | Maintains | Buy |
05/04/2022 | 79.21% | Needham | $7 → $5 | Maintains | Buy |
06/24/2021 | 222.58% | Needham | $11 → $9 | Maintains | Buy |
10/28/2020 | 132.97% | Needham | $8.5 → $6.5 | Maintains | Buy |
05/18/2020 | 330.11% | B. Riley Securities | → $12 | Reinstates | → Buy |
04/24/2020 | 186.74% | Canaccord Genuity | $7 → $8 | Maintains | Buy |
04/23/2020 | 168.82% | Needham | $7 → $7.5 | Maintains | Buy |
10/31/2018 | -10.39% | Canaccord Genuity | $3 → $2.5 | Maintains | Buy |
What is the target price for Sequans Communications (SQNS)?
The latest price target for Sequans Communications (NYSE: SQNS) was reported by Baird on August 8, 2023. The analyst firm set a price target for $3.00 expecting SQNS to rise to within 12 months (a possible 7.53% upside). 5 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Sequans Communications (SQNS)?
The latest analyst rating for Sequans Communications (NYSE: SQNS) was provided by Baird, and Sequans Communications maintained their outperform rating.
When is the next analyst rating going to be posted or updated for Sequans Communications (SQNS)?
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 8, 2023 so you should expect the next rating to be made available sometime around August 8, 2024.
Is the Analyst Rating Sequans Communications (SQNS) correct?
While ratings are subjective and will change, the latest Sequans Communications (SQNS) rating was a maintained with a price target of $7.00 to $3.00. The current price Sequans Communications (SQNS) is trading at is $2.79, which is out of the analyst's predicted range.