Sequans Communications S.A. SQNS

2.85 0.00 0.00% as of 25 Sep
Market cap
$43.5M
P/E
0.0×
Insider Buys alert about insiders buying in the last 12 month

Insider Decisions

Total buys 1.19
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — 6 — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 0.00%

Capital & Financial Ratios

Market Cap 43.46
Revenue 23.64
Net Income (178.29)
Free Cash Flow (40.86)
Net Debt (19.74)
Current Ratio 1.39
Debt/Equity 0.03
P/E ratio 0.00
P/S ratio 1.81
P/B ratio 1.02
Past 5Y EPS Growth 14.33%
This Y EPS Growth 48.89%
Next Y EPS Growth 66.77%
Next 5Y EPS Growth 66.89%
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2023 Powerpack
2022 Powerpack
2021 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 6 62 13 21
Receivables 23 26 15 19
Inventory 6 3 4 4
Other 0 0 0 0
37 93 35 46
2023 2024 2025 Q'26
Payables 16 6 10 10
ST’ Debt 71 6 68 —
Other 19 26 23 20
108 42 105 33
in millions of $

Compound Annual Growth

10y 5y 3y
Sales (2.09%) (12.36%) (24.24%)
Cash Flow 0.00% 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value 0.00% 0.00% 292.97%

Revenue

Mar Jun Sep Dec Year
’26 6 7 — — —
’25 8 8 4 6 26
’24 6 10 10 11 37
’23 12 9 8 5 34
’22 14 14 17 16 61
’21 12 13 12 14 51
’20 9 12 14 16 51
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 (15) (8) — — —
’25 (9) (3) (10) (4) (26)
’24 (3) 13 (2) (28) (20)
’23 3 (9) 1 (3) (7)
’22 (3) (5) (3) 9 (2)
’21 9 (3) (11) (4) (9)
’20 (8) (1) (9) (1) (19)
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 27 (54) — — —
’25 (10) (4) (14) (1) (29)
’24 (14) 8 162 (30) 126
’23 (3) (16) (6) (12) (37)
’22 (8) (12) (7) 3 (25)
’21 3 (13) (18) (10) (37)
’20 (10) (5) (13) (5) (33)
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 (3.73) (0.65) — — —
’25 (0.29) (3.60) (0.48) (8.31) (11.81)
’24 (4.75) (0.25) 26.10 (1.10) 20.10
’23 (2.50) (4.00) (4.00) (7.00) (7.28)
’22 1.00 (1.75) (1.50) (2.50) (5.00)
’21 (8.25) (1.00) 0.12 (5.25) (13.75)
’20 (15.97) (17.50) (7.50) (9.00) (48.50)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
153.00 168.00 75.00 42.00 72.75 101.25 57.00 46.50 8.50 4.44

Analyst estimates 2026–2028

Powerpack
Low Price
300.00 475.00 261.00 130.00 207.25 239.25 145.00 85.50 74.25 58.30
High Price
213 238 227 208 243 262 285 264 155 171
Employees
0 0 0 0 0 0 0 0 0 0
Revenue/Emp
46 48 40 31 51 51 61 34 37 26
Revenue
43.84% 43.80% 39.47% 40.11% 46.06% 53.44% 70.82% 71.81% 75.31% 53.61%
Gross Margin
(25) (26) (37) (37) (54) (20) (6) (38) 61 (108)
EBT
(53.76%) (53.58%) (92.40%) (121.44%) (105.23%) (38.60%) (10.34%) (113.98%) 165.90% (411.95%)
EBT Margin
(25) (26) (37) (37) (54) (20) (6) (38) 61 (108)
Net Income
5 6 6 8 10 11 12 12 64 6
Depreciation
71.43 62.14 42.92 32.49 45.29 34.68 32.80 5.97 14.83 3.03
Revenue/Sh
(39.00) (34.00) (39.00) (38.00) (48.50) (13.75) (5.00) (7.28) 23.00 (11.81)
Earnings/Sh
(24.43) (36.86) (24.36) 5.36 (17.25) (5.80) (1.00) (1.29) (7.86) (3.05)
Cash Flow/Sh
(8.45) (8.27) (9.82) (9.63) (12.25) (19.71) (12.28) (5.25) 58.75 (0.26)
Capex/Sh
(32.88) (45.12) (34.18) (4.27) (29.50) (25.51) (13.27) (6.54) 50.89 (3.30)
Free CF/Sh
13.89 5.34 (5.35) (31.11) (32.74) (16.57) 1.14 (1.08) 22.30 14.72
Book Value/Sh
1 1 1 1 1 1 2 6 2 9
Shares
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.52 0.00
PE Ratio
2.69 3.12 1.82 2.31 3.33 3.42 2.37 11.76 2.35 1.48
PS Ratio
13.83 36.33 0.00 0.00 0.00 0.00 68.21 0.00 1.57 0.31
PB Ratio
2.77 3.57 2.58 3.48 4.26 4.49 3.13 13.75 0.84 3.57
EV/Sales
(5.41) (4.91) (3.24) (26.47) (6.54) (6.10) (7.73) (12.55) 0.25 (2.55)
EV/FCF
(16) (29) (23) 5 (19) (9) (2) (7) (20) (26)
Op' Cash Flow
(5) (6) (9) (9) (14) (29) (23) (30) 146 (2)
Capex
(21) (35) (32) (4) (33) (37) (25) (37) 126 (29)
FCF
19 12 16 (1) (11) (8) 4 (71) 51 (70)
Working Cap'
24 24 43 50 66 59 57 72 6 69
Total Debt
4 22 31 36 47 55 46 67 (56) 56
Net Debt
9 4 (5) (30) (37) (24) 2 (6) 55 128
Sh' Equity
(43.51%) (42.84%) (60.56%) (58.30%) (72.46%) (22.93%) (9.57%) (39.43%) 53.38% (62.42%)
ROA
(97.10%) (47.53%) (77.11%) (270.32%) (147.90%) (37.91%) (4.99%) (30.77%) 0.00% (38.07%)
ROIC
(651.26%) (402.21%) 8,317.80% 212.24% 164.29% 66.31% 81.15% 2,066.55% 233.59% (119.41%)
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Sequans Communications S.A. (SQNS) key facts

  • Sequans Communications S.A. (SQNS) is a Semiconductors company in the Technology sector, traded in the US as an ADR.
  • Sequans Communications S.A.’s revenue for fiscal 2025 (year ended December 2025) was $26.3 million, down 28.5% from fiscal 2024.
  • As of September 25, 2026, SQNS traded at $2.85, a market capitalization of $43.5 million.
  • Return on equity was −119.4% and debt-to-equity 0.03.

Source: company filings (standardised) and stockrow calculations.

Sequans Communications S.A. (SQNS) Latest News

News by impact score

Fine-tune

24 Sep

4

Sequans Communications S.A. said it sold its remaining 314 Bitcoin holdings, completing a treasury exit after redeeming its convertible debt in May 2026. The move leaves Sequans with no cryptocurrency on its balance sheet and no debt except government-financed R&D obligations, allowing management to focus resources on semiconductor operations. In its quarterly update, the Paris-based supplier reported more than 80% year-over-year growth in product revenue for Q2 2026, with a six-month backlog three times the level a year earlier. The company also secured its first drone design win for its new RF transceiver product, targeting software-defined radio applications in defense, drones, and space. Sequans notes that a design win reflects selection but not timing or value of future revenue. CEO Dr. Georges Karam said the exits strengthen the balance sheet and refocus on long-term semiconductor growth, including ongoing 5G eRedCap development and a growing RF pipeline. Eliminating convertible debt and Bitcoin holdings, plus strong revenue growth and a new drone RF transceiver design win, could significantly boost Sequans' growth trajectory.

23 Sep

4

Sequans Communications received a NYSE notice that its average market capitalization over 30 trading days fell below $50 million while stockholders' equity also remained under $50 million, triggering a market-cap deficiency under Section 802.01B. The notice does not trigger immediate delisting; Sequans has 90 days to submit a plan and nine months to regain compliance, with NYSE review to determine feasibility. Sequans plans to cure the deficiency by pursuing actions already in motion, including exiting its Bitcoin treasury, strengthening its financials, and focusing on its semiconductor growth strategy and IoT momentum. NYSE market-cap deficiency creates delisting risk unless a nine-month cure is demonstrated, signaling financial weakness despite growth initiatives.

11 Aug

4 transcript

Sequans Communications S.A. released its Q2 2026 earnings call transcript covering quarterly results and outlook. Q2 earnings call details financial results and guidance that can shift investor views on SQNS trajectory.

31 Jul

3

SQNS bitcoin-per-share strategy creates dilution trap that reduces shareholder value through ongoing share issuance to fund holdings. Bitcoin accumulation plan introduces measurable dilution risk that can pressure SQNS valuation and investor sentiment over medium term.

23 May

3

Analyst models for Sequans Communications (SQNS) are being reworked, signaling a shift in the company's outlook and performance trajectory. Reworked analyst models signal updated expectations that may moderately affect SQNS valuation and investor views.

6 May

4 transcript

Sequans Communications S.A. (SQNS) released Q1 2026 earnings call transcript detailing quarterly financial results, operational updates, and forward guidance. Q1 2026 earnings transcript discloses financial performance and strategic outlook, likely driving major shifts in investor sentiment and stock trajectory.

3 May

3

Sequans Communications (NYSE:SQNS) narrative shifts as analysts introduce new price targets and revised profit assumptions, potentially altering investor perceptions and future outlook. Revised analyst targets and profit assumptions may noticeably impact financial expectations and market sentiment for Sequans Communications.

20 Apr

3

Sequans Communications S.A. (SQNS) announced quarterly revenue of $7 million. Quarterly revenue announcement of $7 million affects financial performance visibility and investor sentiment moderately.

25 Feb

4

Sequans Communications S.A. (SQNS) demonstrated market leadership by showcasing breakthrough 5G eRedCap and RF technologies at MWC 2026. Breakthrough 5G eRedCap and RF tech demo at MWC 2026 positions SQNS for significant gains in competitive positioning and investor sentiment.

11 Feb

4 transcript

Sequans Communications S.A. reported its Q4 earnings, highlighting significant growth in revenue driven by increased demand for its 5G solutions. The company emphasized its strategic focus on expanding its product portfolio and enhancing partnerships within the IoT sector. Management provided optimistic guidance for the upcoming quarters, citing strong market trends and a robust pipeline of new projects. The earnings call also addressed challenges related to supply chain constraints but reassured stakeholders of ongoing efforts to mitigate these issues. Strong revenue growth and strategic focus on 5G solutions indicate significant potential for future performance.

10 Feb

4

Sequans Communications S.A. reported its Q4 2025 earnings, highlighting challenges in the market and strategic initiatives to navigate them. The company emphasized its focus on innovation and adapting to changing industry dynamics, while also addressing financial performance and future growth prospects. Key developments included updates on product launches and market positioning, reflecting a commitment to maintaining competitiveness in the semiconductor sector. Significant strategic initiatives and market challenges are likely to impact future performance and investor sentiment.

4 earnings

Sequans Communications S.A. reported its Q4 earnings, highlighting key financial metrics and performance indicators. The company showed growth in revenue and improvements in operational efficiency, driven by increased demand for its 5G solutions. Management provided insights into future strategies and market opportunities, indicating a positive outlook for the upcoming quarters. The earnings report indicates significant growth and strategic direction that could alter the company's market position.

9 Feb

3

European equities traded in the US, particularly American Depositary Receipts (ADRs), saw an increase in trading activity on Monday. This uptick reflects a growing interest in European companies among US investors, potentially influenced by favorable market conditions and economic indicators. Sequans Communications S.A. (SQNS) is among the companies benefiting from this trend, as ADRs provide a means for US investors to gain exposure to European markets. Increased trading activity in ADRs may enhance investor interest and sentiment towards Sequans Communications.

21 Jan

3

European equities traded in the US, including American Depositary Receipts (ADRs), saw an increase in trading activity on Wednesday. Sequans Communications S.A. (SQNS) is among the companies benefiting from this trend, reflecting a broader positive sentiment in the market for European stocks listed in the US. Investors are showing increased interest in these ADRs, which may indicate a shift in market dynamics and investor confidence in European companies. Increased trading activity in European ADRs may moderately influence investor sentiment and market positioning for Sequans Communications.

11 Dec

3

European equities traded in the US saw a rise in American Depositary Receipts (ADRs) during Thursday trading, reflecting positive market sentiment. Investors showed increased interest in various sectors, contributing to the overall uptick in ADR values. Sequans Communications S.A. (SQNS) was among the companies benefiting from this trend, indicating a potential boost in investor confidence and market performance. The rise in ADRs suggests a moderately noticeable influence on investor sentiment and market performance for Sequans Communications.

5 Dec

3

European equities traded in the US, particularly American Depositary Receipts (ADRs), saw an increase in trading activity on Friday. This uptick reflects a broader trend in the market, with investors showing renewed interest in European companies listed in the US. Sequans Communications S.A. (SQNS) is among the companies benefiting from this trend, as ADRs provide a way for US investors to gain exposure to European stocks. The rise in trading volume could signal positive sentiment towards these equities, potentially impacting their market performance. Increased trading activity in European ADRs may moderately influence investor sentiment and market performance for Sequans Communications.

29 Nov

4

Recent analyst updates indicate a positive outlook for Sequans Communications S.A. (SQNS), highlighting advancements in their 5G technology and potential market growth. Analysts have raised price targets and provided optimistic forecasts, suggesting that the company's strategic initiatives may enhance its competitive positioning. The updates reflect confidence in Sequans' ability to capitalize on emerging opportunities in the IoT and connectivity sectors, which could lead to improved financial performance in the coming quarters. Analyst upgrades and positive forecasts suggest significant potential for growth and improved market positioning.

20 Nov

3

European equities traded in the US saw a rise in American Depositary Receipts (ADRs) during Thursday trading, reflecting positive market sentiment. Sequans Communications S.A. (SQNS) was among the companies benefiting from this trend, indicating potential investor interest and market activity surrounding its stock. The overall performance of European ADRs suggests a favorable environment for international companies listed in the US, which may enhance liquidity and visibility for firms like Sequans. The rise in ADRs indicates a moderately noticeable influence on market sentiment and investor interest in Sequans Communications.

15 Nov

3

Analysts are shifting their sentiment and strategies regarding Sequans Communications S.A. (SQNS), indicating a potential change in market perception. This shift may be influenced by recent developments in the company's technology and market positioning, which could affect investor confidence and future performance. The evolving narrative around Sequans suggests that stakeholders are reassessing the company's prospects in the competitive landscape of communications technology. Analyst sentiment shifts may moderately influence Sequans' competitive positioning and market perception.

5 Nov

3

Sequans Communications S.A. has become the first Bitcoin treasury firm to liquidate its holdings amid ongoing market strain. This decision marks a significant move in the cryptocurrency space, reflecting the challenges faced by firms holding Bitcoin as part of their treasury strategy. The sale is seen as a response to the current volatility in the market, indicating a shift in strategy for companies involved in cryptocurrency investments. The liquidation of Bitcoin holdings may influence Sequans' financial performance and market sentiment but is not expected to fundamentally alter its long-term trajectory.

4 Nov

4

Sequans Communications S.A. reported its Q3 2025 earnings, highlighting strategic initiatives aimed at addressing revenue challenges. The company is focusing on enhancing its product offerings and expanding market reach to improve financial performance. Key developments include partnerships and advancements in technology that are expected to bolster its competitive position in the industry. Strategic initiatives and partnerships are likely to significantly impact future performance and investor sentiment.

3

Sequans Communications S.A. has sold $100 million in Bitcoin to reduce its debt. The decision comes as part of a strategic move to strengthen its financial position amidst ongoing market fluctuations. This sale reflects the company's efforts to manage its liabilities effectively while navigating the volatile cryptocurrency landscape. The sale of Bitcoin to pay down debt may moderately influence Sequans' financial performance and market sentiment.

3

Sequans Communications S.A. has sold 970 BTC to reduce its debt as Bitcoin prices reach a four-month low. This move raises concerns among investors about the company's financial health and strategy, prompting speculation on whether it signals deeper issues within the firm. The sale of Bitcoin to manage debt indicates financial strain, which may moderately influence investor sentiment and the company's future performance.

3

Sequans Communications S.A. has sold its Bitcoin holdings to reduce debt, marking a significant shift in its financial strategy amid the ongoing volatility in the cryptocurrency market. This decision reflects the company's need to stabilize its balance sheet and manage financial obligations effectively. The move comes as the broader market for Bitcoin faces challenges, impacting firms that have invested heavily in the cryptocurrency. Selling Bitcoin to cut debt may moderately influence Sequans' financial performance and market sentiment.

3

Sequans Communications S.A. reported its Q3 earnings, highlighting key financial metrics and performance indicators. The company continues to focus on its growth strategy in the IoT market, with increased revenue driven by demand for its 5G solutions. Management provided insights into future expectations and ongoing projects, emphasizing the importance of innovation and market expansion. Overall, the earnings report reflects a positive trajectory for Sequans amidst a competitive landscape. The earnings report indicates moderate growth and strategic focus, which may influence financial performance but is balanced by competitive factors.

1 Nov

4

Sequans Communications S.A. is experiencing positive changes driven by new partnerships and advancements in its 5G technology. The company is focusing on expanding its market presence in the IoT sector, which is expected to enhance its revenue streams. Recent collaborations with major industry players are set to bolster its competitive edge, while ongoing product innovations aim to meet the growing demand for connectivity solutions. These developments indicate a promising outlook for Sequans as it navigates the evolving telecommunications landscape. Strategic partnerships and advancements in 5G technology are likely to significantly enhance Sequans' market position and revenue potential.

20 Oct

3

European equities traded in the US saw a rise in American Depositary Receipts (ADRs) during Monday trading, reflecting positive market sentiment. Sequans Communications S.A. (SQNS) was among the companies benefiting from this trend, indicating a potential increase in investor interest and trading activity for the firm. The overall performance of European stocks in the US market suggests a favorable environment for companies like Sequans, which may enhance their visibility and attractiveness to investors. Increased investor interest in European ADRs may moderately influence Sequans' market performance and visibility.

17 Oct

4

Sequans Communications S.A. is experiencing a shift in narrative due to several catalysts, including advancements in 5G technology and strategic partnerships that enhance its market position. The company is focusing on expanding its product offerings and improving operational efficiencies, which are expected to drive growth. Additionally, the increasing demand for IoT solutions presents new opportunities for Sequans, positioning it favorably in a competitive landscape. Investors are closely monitoring these developments as they could significantly influence the company's future performance. Strategic partnerships and advancements in technology are likely to significantly impact Sequans' market position and growth trajectory.

16 Oct

3

European equities traded in the US saw an increase in American Depositary Receipts (ADRs) during Thursday trading, reflecting a positive sentiment in the market. Sequans Communications S.A. (SQNS) is among the companies benefiting from this trend, as investors show increased interest in European stocks listed in the US. The rise in ADRs indicates a growing appetite for international investments, which could enhance liquidity and market presence for companies like Sequans. The increase in ADRs may moderately influence Sequans' market sentiment and financial performance.

6 Oct

3

European equities traded in the US saw an increase in American Depositary Receipts (ADRs) during Monday trading, reflecting a positive sentiment in the market. Sequans Communications S.A. (SQNS) was among the companies benefiting from this trend, indicating a potential uplift in investor interest and market performance for the firm. The rise in ADRs suggests a moderately noticeable influence on investor sentiment and market performance for Sequans Communications.

stockrow.com/SQNS · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com