Ekinops Shares Surge 11.9% Midday After Successful Test with Orange

Significant Midday Stock Surge

Ekinops stock jumped by 11.86% this Wednesday, December 10, 2025, reaching 1.98 euros from 1.77 euros the previous day. This increase follows a recovery movement that began last week after announcing a successful 800 gigabits per second optical transmission over 757 kilometers in real conditions on Orange’s long-distance network, linking data centers in Bordeaux and Marseille. On December 5, the stock had already gained 11.99% to 1.90 euros, confirming investor interest in this technical success. According to TP Icap Midcap, this test marks a significant step, potentially opening promising prospects in Optical Transport with Orange, a client of Ekinops only in Access until now. Over the week, the performance has now reached 38.85%, indicating a resurgence of confidence after difficult months marked by a 42.69% decrease over the year. The share of capital traded this Wednesday was 1.97%, reflecting a significant volume of 385,203 shares traded. This sustained activity shows the enthusiasm of investors for this French telecommunications solutions specialist, whose market valuation remains constrained at 49.7 million euros. The recent technical context shows that the stock has crossed its 50-day moving average set at 1.90 euros, a positive signal after several weeks of consolidation. The price is now above the resistance threshold of 1.91 euros, suggesting a possible extension of the upward movement if this level is confirmed as new support.

Challenges in the Third Quarter

The third quarter of 2025 had revealed difficulties with a turnover of 22.3 million euros, down by 27%, bringing the nine-month total to 79.5 million euros, a decrease of 10%. This erosion is particularly due to the slowdown in investments from two major clients in North America and a 14% decline in France, focused on Access solutions. In October 2025, the departure of Didier Brédy from his role as CEO and the appointment of Philippe Moulin as interim CEO had amplified uncertainties weighing on the group. The successful test with Orange changes the game by demonstrating the group's technical capability to position itself in the strategic segment of long-distance Optical Transport, a crucial market for data center connectivity and transatlantic submarine networks. Philippe Moulin highlighted that this success demonstrates Ekinops' expertise in independently developing some of the most efficient optical solutions on the market. This breakthrough could open new commercial opportunities with Orange and other major operators, at a time when bandwidth needs are exploding with the development of artificial intelligence and the cloud. The next publication of the annual turnover, scheduled for mid-January 2026, will be scrutinized to assess the realization of these prospects.

Technical Indicators Show Positive Momentum

The RSI (Relative Strength Index) stands at 62, a neutral to slightly positive zone reflecting a buying momentum without signs of overbuying. This indicator confirms that the current rebound still has room for progress before reaching overheating levels. The crossing of the upper Bollinger band, set at 1.87 euros, is a notable technical signal: the stock is now in an upward extension, with potential for continuation if volumes remain strong. The lower band at 1.30 euros represents a distant support, reflecting the high volatility amplitude of the stock, confirmed by a monthly volatility of 27.83%. The MACD shows a positive configuration with a MACD line at 0.04 above its signal line at 0.00, and a positive histogram at 0.04, signaling a recent bullish crossover. This technical configuration argues for the continuation of the movement in the short term. However, the significant distance from the 200-day moving average, established at 3.23 euros, reminds of the structural fragility of the case: the stock shows a gap of 39% with this long-term reference. The path remains long to erase the losses accumulated since October, when the stock collapsed after a profit warning and the departure of the CEO. The next sessions will determine if this technical rebound can be sustained over time or if it is merely a brief recovery against a backdrop of ongoing operational difficulties.