Soitec Stock Rebounds Over 3% Following a 14% Plunge
The Isère-based semiconductor substrate specialist regains ground in mid-session, following the upward trend of the semiconductor sector in Paris. The rebound comes after a sharp drop, as two brokerage houses have just updated their opinions in opposite directions. Volatility remains high on the stock.
Session Marked by Contrasting Analyst Opinions and High Volatility
Soitec stock gains 3.15% to €129.30, among the strongest rises in the SBF 120, just behind STMicroelectronics (+3.78%). This movement comes after a drop of more than 14%, triggered by contrasting analyst revisions. Today's rebound only mitigates a weekly decline of nearly 22%, and a monthly drop of 24.5%. However, the quarterly performance remains impressive at nearly 193%, reflecting a rollercoaster spring for the stock.
The price is still significantly below its 20-day moving average at €157.21 (a gap of -17.75%), indicating that the correction from the last sessions has not been fully absorbed. Conversely, it remains above the MM50 (€123.88) and maintains a cushion of 124% over the MM200, a legacy of the spring rally. The RSI at 43 indicates a neutral climate, with no sign of seller exhaustion. The support identified at €113.10 remains the lower bound to keep in mind in case of a new downturn.
Jefferies and Bernstein Issue Opposing Signals on the Stock
Free · Every morning
Technical market signals, before the opening bell.
Bullish and bearish momentum, analyst changes, stocks to watch — automatically computed from Euronext data.
✓ Before 9 AM every morning✓ Euronext data✓ AI-powered analysis
You're in — subscription confirmed!
Your first edition is on its way. Check your spam folder and add us to your contacts.
An error occurred.
Indicative data. No investment advice. Unsubscribe at any time.
Gratuit · chaque matin
Ne ratez plus rien sur vos actions
La tendance derrière les cours. L'essentiel des valeurs Euronext en quelques minutes.
📈les valeurs en mouvement, sur la durée
🎯les objectifs d'analystes qui évoluent
📰les actualités qui font bouger les cours
tendance · 6 séances
✓ C'est fait, vous êtes inscrit !
Votre première édition arrive bientôt. Pensez à vérifier vos spams.
Une erreur est survenue.
CAC 40 · SBF 120 · données indicatives · aucun conseil en investissement · désinscription à tout moment.
The session unfolds against a backdrop of radically divergent analyst opinions. Jefferies has downgraded its rating to underperform while raising its price target from €45 to €85: the target remains significantly below the current price and implies a theoretical downside potential of about 34%. On the opposite end, Bernstein has issued an outperform rating with a target raised from €150 to €180, representing an appreciation potential of about 39% compared to today's price. This wide gap summarizes the split around the case after the spectacular rally over the last three months.
The fundamental backdrop remains mixed. During the announcement of the annual accounts for 2026 (on May 27, 2026), Soitec highlighted the growing adoption of Photonics-SOI solutions for data centers and market share gains related to AI demand, while pointing out the risk of profitability pressure after a significant production cut. On the short-selling side, two funds cumulatively hold 1.82% of the capital sold short, according to reviewed statements, a sharp decline over thirty days (4.87% a month ago). This easing of short positions signals a gradual covering of bearish positions, without indicating a reversal of conviction by operators.
Le chiffre d'affaires du T1'27 ressort au-dessus de notre objectif, porté par la forte accélération des activités liées à l'IA, dont les ventes en Photonics-SOI ont doublé sur un an.
Le chiffre d'affaires du premier trimestre 2026-2027 atteint 113 M€, en hausse de 23 % sur un an à périmètre et taux de change constants, au-dessus de l'objectif d'environ 15 %. La croissance est portée par l'Edge & Cloud AI (65 M€, +46 %) grâce au doublement des ventes de Photonics-SOI pour les data centers IA, et par l'Automobile & Industrie (10 M€, +108 % sur base de comparaison faible), tandis que les Communications Mobiles reculent de 10 % à 39 M€ dans un marché des smartphones sous pression et avec la correction des stocks RF-SOI. L'usine SOI 300mm de Singapour a été qualifiée auprès de premiers clients pour la production en grande série de Photonics-SOI.
Risks mentioned
Marché des smartphones sous pression et correction des stocks excédentaires chez les clients RF-SOI
Baisse des prix du POI compensant la hausse des volumes
Activité Automobile & Industrie atone, avec base de comparaison faible
Perspectives Photonics-SOI conditionnées à l'absence de perturbation majeure sur le marché de l'IA
Opportunities identified
Doublement des ventes de Photonics-SOI sur un an, tiré par les data centers IA
Qualification de l'usine SOI 300mm de Singapour pour la production en grande série de Photonics-SOI
Engagements pluriannuels avec acomptes clients sécurisant la capacité de production
Accord à long terme avec Skyworks renforçant la visibilité sur le POI
Partenariat avec ZenSemi pour industrialiser le 300mm BCD-sur-SOI en électronique de puissance
The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.
Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.
