Logic Instrument's Stock Soars 12% Following a Doubled Revenue
The Essonne-based equipment manufacturer sees a strong surge in session, following the release of its semi-annual revenue. The rebound is accompanied by an upgraded price target by a financial intermediary, reinforcing the trend that has been ongoing for several weeks in the stock.
A Jump of Nearly 12% Driven by Semi-Annual Publication and Raised Target
Logic Instrument's stock rises 11.99% to €2.195, in an almost flat SBF 120 (+0.15%). This movement follows the release of the semi-annual revenue on July 8, amounting to €39.5 million for the first half of 2026, up 104% year-on-year. The sales momentum is driven by the defense sector, with the first delivery at the end of June under a multi-year NATO contract.
Following this, Greensome Finance raised its price target from €2.82 to €3.00, while maintaining a 'buy' rating. Based on the current price, the target implies a potential upside of about 37%. The stock now shows a gain of 20.6% over a week and 18.65% over three months, while the annual decline is limited to 2.44%.
The Stock Breaks Through Its €2.45 Resistance During the Session and Stays Above Its Moving Averages
In recent weeks, the price fluctuated between its support at €1.75 and its resistance at €2.45. The movement places Logic Instrument well above its three moving averages, with a gap of +20.6% relative to the MM20 (€1.82), +18.65% over the MM50 (€1.85), and +15.53% over the MM200 (€1.90), a configuration consistent with the rebound over the last few weeks. The RSI at 65 indicates the strength of the movement without yet tipping into the overbought zone.
As a reminder, the stock had already soared more than 16% in early May following the announcement of the NATO contract, the first tranche of which has just been delivered. The next factual step will be the translation of this revenue growth into operational results during the complete semi-annual publication.
