Soitec Shares Surge Nearly 5% Today: Price Quadruples in Three Months
The Isère-based semiconductor substrate specialist continues its advance this Thursday midday. Soitec shares have risen by 4.62% to €165.30, in an SBF 120 that is up by 0.40%. The session is part of an exceptional trend, with the price having quadrupled over three months.
Soitec Tests Its €171.35 Resistance After a 344% Rally in Three Months
The price is approaching the resistance threshold identified at €171.35. Beyond this, the historical highs recorded at the beginning of May at €180 would become the natural horizon for the stock. The three-month performance has reached 344.9%, and the one-year performance is at 205.8%. The RSI is at 65, indicating a tense configuration without reaching the outright overbought zone. The price is significantly above its MM20 at €138.29 (a gap of nearly 19%), confirming that the short-term trend remains solidly upward. The session is driven by the sector context: Nvidia has reported a quarterly revenue of $81.6 billion (+85% year-on-year), with its data centers segment at $75.2 billion (+92%), sustaining appetite for the semiconductor sector.
According to reviewed statements, the cumulative net short positions reach 3.31% of the capital, carried by four funds, up by 0.23 points over thirty days. This increase remains contained but reflects a persistent caution from some institutional investors given the magnitude of the rally. The level deserves monitoring without overestimating its significance.
Morgan Stanley Targets €200 Before Annual Results Publication on May 27
Today's movement extends the effect of Morgan Stanley's spectacular target increase from €70 to €200 on May 19, with an 'overweight' recommendation. The gap between this target and the current price leaves a potential of about 22%. The American firm thus aligns with the tone of other research offices that have recently revised their valuation of the stock, in a context of increased demand for substrates used in AI-dedicated chips.
The key event is approaching quickly: the company will publish its annual results for 2026 on May 27. This release will focus attention following an extraordinary stock market surge and as the stock approaches technically sensitive levels.
