The Discounted Cash Flow (DCF) valuation of Sequans Communications SA (SQNS) is 201.39 USD. With the latest stock price at 3.90 USD, the upside of Sequans Communications SA based on DCF is 5063.9%.

Is SQNS a buy or a sell?

Based on the latest price of 3.90 USD and our DCF valuation, Sequans Communications SA (SQNS) is a buy. Buying SQNS stocks now will result in a potential gain of 5063.9%.

	Range	Selected
WACC / Discount Rate	7.7% - 11.2%	9.5%
Long-term Growth Rate	0.0% - 1.0%	0.5%
Fair Price	163.07 - 265.13	201.39
Upside	4081.4% - 6698.2%	5063.9%

3.90 USD

Stock Price

201.39 USD

Fair Price

REVENUE & EXPENSES

CAPEX

D&A

WORKING CAPITAL

TERMINAL VALUE

SQNS DCF Valuation: Revenue & Expenses Forecast

(USD in millions)		Projections

	12-2024	12-2025	12-2026	12-2027	12-2028	12-2029

Revenue	37	37	68	74	81	87
% Growth	9%	0%	86%	8%	9%	8%

Cost of goods sold	(9)	(9)	(17)	(18)	(20)	(22)
% of Revenue	25%	25%	25%	25%	25%	25%

Selling, G&A expenses	(26)	(26)	(48)	(52)	(57)	(62)
% of Revenue	71%	71%	71%	71%	71%	71%

Research & Development	(29)	(28)	(53)	(57)	(63)	(68)
% of Revenue	78%	78%	78%	78%	78%	78%

Net interest & other expenses	88	88	163	176	193	209
% of Revenue	239%	239%	239%	239%	239%	239%

Tax expense	(4)	(4)	(7)	(7)	(8)	(8)
Tax rate	6%	6%	6%	6%	6%	6%

Net profit	57	57	107	115	126	137
% Margin	156%	156%	156%	156%	156%	156%