BE Semiconductor stock breaks below its 150-session floor at 155.55 €
The Dutch semiconductor assembly equipment manufacturer is declining sharply in trading, in a lower-oriented Paris market. The stock loses an old support level and moves further away from its moving averages, as two brokers have just lowered their price targets.
The stock breaks through its 155.55 € support and moves away from all its moving averages
The BE Semiconductor stock declines 6.14% to 147.60 €, compared with 157.25 € at the previous close. The price breaks downward through its lowest level over the past 150 sessions, at 155.55 €, a level that has now become a resistance point. The next support is at 122.80 €. The decline is consistent with a lower-oriented session on the Paris exchange, where the CAC 40 retreats 0.78%, while the Nasdaq fell 1.81% at the last close.
The gap to moving averages has widened: the price is 16.06% below the 20-day MA, 21.63% below the 50-day MA and 31.28% below the 200-day MA. The RSI at 30 falls to the edge of the oversold zone. Over the week, the stock loses 9.67%, and the decline reaches 40.51% over three months.
Goldman Sachs and BofA reduce their price targets following quarterly results
Goldman Sachs lowered its target to 277 €, versus 325 € previously, while maintaining a buy rating. BofA Securities revised its target to 175 €, versus 212 €, with a hold rating. Even after these reductions, Goldman's target remains nearly 88% above the current price, BofA's nearly 19%. Details of analyst ratings can be found on our dedicated page.
These revisions follow the publication of October 22: Besi reported quarterly net profit of 107.2 M€ and earnings per share of 1.33 €, slightly above the expected 1.30 €. Revenue increased 113.6% for the quarter. Management nonetheless anticipates stable revenue in the fourth quarter, as some customers have requested deliveries aligned with their first-half 2027 capacity plans.
