What is Northland Securities’ Forecast for SQNS Q2 Earnings?

Sequans Communications S.A. (NYSE:SQNS) – Research analysts at Northland Securities reduced their Q2 2026 earnings per share (EPS) estimates for Sequans Communications in a report released on Tuesday, May 5th. Northland Securities analyst M. Grondahl now forecasts that the semiconductor company will post earnings per share of ($0.48) for the quarter, down from their prior estimate of ($0.37). The consensus estimate for Sequans Communications’ current full-year earnings is ($1.47) per share. Northland Securities also issued estimates for Sequans Communications’ Q3 2026 earnings at ($0.33) EPS, Q4 2026 earnings at ($0.23) EPS, FY2026 earnings at ($2.43) EPS, Q1 2027 earnings at ($0.28) EPS, Q2 2027 earnings at ($0.30) EPS, Q3 2027 earnings at ($0.26) EPS, Q4 2027 earnings at ($0.23) EPS and FY2027 earnings at ($1.07) EPS.

Other research analysts have also issued reports about the stock. B. Riley Financial cut their target price on shares of Sequans Communications from $11.00 to $8.00 and set a “buy” rating for the company in a research report on Wednesday, February 11th. Weiss Ratings reiterated a “sell (d)” rating on shares of Sequans Communications in a research report on Friday, March 27th. Zacks Research lowered shares of Sequans Communications from a “hold” rating to a “strong sell” rating in a research report on Monday, April 20th. Finally, Wall Street Zen upgraded shares of Sequans Communications from a “strong sell” rating to a “sell” rating in a research report on Saturday, May 9th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $20.33.

Sequans Communications Trading Up 10.2%

Shares of SQNS stock opened at $4.20 on Friday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.42 and a current ratio of 0.47. Sequans Communications has a 52-week low of $2.38 and a 52-week high of $58.30. The company has a market capitalization of $60.19 million, a PE ratio of -0.31 and a beta of 0.66. The business’s fifty day moving average is $3.02 and its 200 day moving average is $4.37.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Wolverine Asset Management LLC purchased a new stake in Sequans Communications during the fourth quarter valued at about $1,337,000. Yorkville Advisors Global LP purchased a new stake in Sequans Communications during the third quarter valued at about $7,218,000. Credit Industriel ET Commercial boosted its position in Sequans Communications by 214.3% during the fourth quarter. Credit Industriel ET Commercial now owns 220,000 shares of the semiconductor company’s stock valued at $988,000 after buying an additional 150,000 shares during the period. Alyeska Investment Group L.P. purchased a new stake in Sequans Communications during the third quarter valued at about $2,590,000. Finally, Boothbay Fund Management LLC boosted its position in Sequans Communications by 1.5% during the second quarter. Boothbay Fund Management LLC now owns 1,673,609 shares of the semiconductor company’s stock valued at $2,460,000 after buying an additional 25,000 shares during the period. 63.33% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Sequans Communications

Here are the key news stories impacting Sequans Communications this week:

• Neutral Sentiment: Northland Securities reiterated a cautious outlook on Sequans Communications (SQNS) by trimming earnings estimates for several upcoming quarters and fiscal years, including FY2026 and FY2027, which may pressure sentiment even as the stock has been rising. MarketBeat Sequans Communications estimate updates
• Negative Sentiment: The sharp reduction in projected EPS suggests analysts see a longer path to profitability for the semiconductor company, which is a headwind for valuation and could limit further upside if execution does not improve. MarketBeat Sequans Communications estimate updates
• Negative Sentiment: A separate report also said Sequans’ price target was cut by 10% to $11.48, reinforcing that some analysts remain less optimistic about the stock’s near-term earnings trajectory. MSN price target decrease article

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.