▼ -13.06% Downside Potential
This price target is based on 8 analysts offering 12 month price targets for Sierra Wireless in the last 3 months. The average price target is $13.11, with a high forecast of $20.00 and a low forecast of $9.00. The average price target represents a -13.06% upside from the last price of $15.08.
The current consensus among 8 polled investment analysts is to hold stock in Sierra Wireless. This Hold consensus rating has held steady for over two years.
Sierra Wireless, Inc., together with its subsidiaries, provides device-to-cloud Internet Of Things (IoT) solutions primarily in North America, Europe, and the Asia Pacific. The company operates through two segments, IoT Solutions and Embedded Broadband. The IoT Solutions segment offers recurring connectivity services, cloud management software, and cellular modules and gateways. The Embedded Broadband segment provides high-speed cellular embedded modules that are used in non-industrial applications, such as automobile, mobile computing, and enterprise networking markets. The company serves enterprises, industrial companies, and original equipment manufacturers (OEMs) through direct channels; and indirect channels, including OEMs, distributors, value-added resellers, and mobile network operators. The company was founded in 1993 and is headquartered in Richmond, Canada.