Bank of America upgrades Soitec stock to EUR 300 target

Published on 10/20/2026 at 13:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Soitec guides EUR 137.50 million second-quarter 2027 revenue, up more than 30 percent. Soitec stock costs EUR 121.30 on October 20, 2026.

Analyst upgrade and growth outlook

Bank of America upgraded Soitec to Buy and set a EUR 300.00 target on October 9, 2026.
Soitec reported EUR 113.00 million in first-quarter 2027 revenue and expects EUR 137.50 million in the second quarter.
Soitec stock trades at EUR 121.30 at 1:11 p.m. CEST at Lang & Schwarz on October 20, 2026.

Isometrische 3D-Grafik einer Produktionskette von Rohsilizium bis zum fertigen Chip — Soitec S.A. (ISIN FR0013227113): isometrische 3D-Darstellung der Wertschöpfungskette von Silizium-Wafern zu Chips, Illustration mit AI erstellt.

Soitec (ISIN FR0013227113) was trading at EUR 121.30 at Lang & Schwarz on October 20, 2026 at 1:11 p.m. CEST. The latest analyst catalyst came on October 9, 2026, when Ideal Investor reported that Bank of America upgraded Soitec from Neutral to Buy and set a EUR 300.00 price target.

Bank of America bets on photonics

The upgrade is tied to Soitec's exposure to silicon photonics, a technology used for high-speed optical data transmission in data centers. Bank of America expects optical port requirements to grow faster than AI processor volumes and sees capacity expansion as a potential next step.

The target is well above the Lang & Schwarz quote, but the article does not establish a causal link between the analyst action and the October 20 price. That distinction matters because valuation expectations and operating delivery now pull in opposite directions.

What do the revenue figures show?

Ideal Investor reported EUR 113.00 million of revenue for the first quarter of fiscal 2027 and an expected EUR 137.50 million for the second quarter. The company indicated that second-quarter revenue should rise more than 30 percent year over year, supported by Photonics-SOI.

Three financing steps since July

On July 29, 2026, Soitec announced a EUR 358.00 million share buyback program. On September 17, 2026, the company completed a EUR 500.00 million convertible bond issue, according to the same Ideal Investor report. The October 9 Bank of America upgrade was the latest of the three events.

Next date is November 18

Soitec's investor-relations calendar lists November 18, 2026, for half-year 2027 results and February 2, 2027, for third-quarter 2027 revenue. The calendar also lists May 26, 2027, for fiscal-year 2027 results, according to Soitec.

Stock remains below its yearly high

Soitec stock's EUR 121.30 Lang & Schwarz indication sits within the EUR 22.62 to EUR 200.50 52-week range supplied for the Paris-listed instrument. The market capitalization was EUR 4.3 billion as of October 20, 2026, while the company remains classified in information technology and trades on Euronext Paris.

Soitec was trading at EUR 121.30 at Lang & Schwarz on October 20, 2026 at 1:11 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Soitec stock.