Bank of America raises Soitec stock target to EUR 300

Published on 10/15/2026 at 13:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Photonics revenue is forecast to grow 172 percent in fiscal 2027. Soitec stock costs EUR 127.18 on October 15, 2026, 9.62 percent below the Xetra close.

Broker views and key dates

Bank of America set a EUR 300.00 target on October 9, 2026.
Photonics wafer revenue growth is forecast at 172 percent for fiscal 2027.
Soitec stock trades at EUR 127.18 at 1:02 p.m. CEST at Lang & Schwarz on October 15, 2026, 9.62 percent below the Xetra close of October 14, 2026.
Soitec will publish half-year fiscal 2027 results on November 18, 2026.

Flatlay-Anordnung von Aktienzertifikat, ISIN-Karte und Silizium-Wafer auf dunklem Untergrund — Soitec S.A. (ISIN FR0013227113): Flatlay mit Aktienzertifikat, ISIN-Karte und Silizium-Wafer-Utensilien der Halbleiterbranche, Illustration mit AI erstellt.

Soitec stock (ISIN FR0013227113) was trading at EUR 127.18 at Lang & Schwarz on October 15, 2026 at 1:02 p.m. CEST, 9.62 percent below the Xetra close of October 14, 2026 at EUR 140.70. The immediate catalyst is Bank of America's upgrade from Neutral to Buy and its target increase from EUR 152.00 to EUR 300.00 on October 9, 2026, as reported by Yahoo Finance.

Photonics drives the broker case

The upgrade rests on Soitec's silicon-photonics opportunity. Yahoo Finance reported that Bank of America expects photonics wafer revenue to grow 172 percent in fiscal 2027, 74 percent in fiscal 2028 and 57 percent in fiscal 2029. The broker also lifted its fiscal 2029 earnings-per-share forecast to EUR 10.62 from EUR 5.11.

That optimism contrasts with Soitec's recent earnings base. The company reported revenue of EUR 592.32 million for fiscal 2026, down 34 percent from the prior year, while the first quarter of fiscal 2027 produced EUR 113.00 million in revenue, according to the recent company update summarized by Admiral Markets. The recovery thesis therefore depends on photonics becoming a larger share of sales.

Three dates frame the rerating

Soitec's recent sequence runs from the September 2, 2026 photonics outlook, through Barclays' EUR 200.00 target on September 18, 2026, to Bank of America's EUR 300.00 target on October 9, 2026. The first event raised the fiscal 2027 photonics outlook to 2.5 to 3 times the prior year's level, while the two broker actions supplied targets of EUR 200.00 and EUR 300.00, respectively, as documented by Admiral Markets and Yahoo Finance.

What does the target mean for Soitec?

The EUR 300.00 target is highly sensitive to execution. Bank of America expects gross margin to rise from 16 percent in fiscal 2026 to 44 percent in fiscal 2029 as higher-value photonics wafers expand, but it also cited weaker smartphone demand and slower artificial-intelligence data-center spending as risks. Soitec's investor calendar lists November 18, 2026 for half-year fiscal 2027 results and February 2, 2027 for third-quarter fiscal 2027 revenue, according to the Soitec investor-relations page.

Stock tests the recovery case

The current EUR 127.18 quote places the stock below both the EUR 140.70 Xetra close and the EUR 300.00 bullish target. The contrast leaves the November report as the next concrete test of whether photonics growth can offset the weaker mobile business. The further course of trading is shown by the continuously updated real-time quote of Soitec stock.