Sequans Communications S.A. designs, develops, and supplies cellular semiconductor solutions for massive, broadband, and critical Internet of Things (IoT) markets in Taiwan, Korea, China, rest of Asia, the United States, and internationally. It offers a set of 5G/4G chips and modules for non-smartphone devices. For 5G/4G massive IoT applications, the company provides a comprehensive product portfolio based on its flagship Monarch LTE-M/NB-IoT and Calliope Cat 1 chip platforms featuring low power consumption, a set of integrated functionalities, and deployment capability. For 5G/4G broadband and critical IoT applications, Sequans Communications S.A. offers a product portfolio based on its Cassiopeia Cat 4/Cat 6 4G and high-end Taurus 5G chip platforms optimized for residential, enterprise, and industrial applications. The company serves OEMs and ODMs Customers, as well as 4G and 5G wireless carriers. The company was incorporated in 2003 and is headquartered in Paris, France.
IPO Year:
Exchange: NYSE
Website: sequans.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/8/2023 | $6.50 → $3.03 | Buy → Neutral | B. Riley Securities |
| 6/24/2021 | $11.00 → $9.00 | Buy | Needham |
B. Riley Securities downgraded Sequans Communications from Buy to Neutral and set a new price target of $3.03 from $6.50 previously
Needham reiterated coverage of Sequans Communications with a rating of Buy and set a new price target of $9.00 from $11.00 previously