Soitec jumps on Q4 sales beat, extends stellar YTD rally

Soitec SA

28/05/2026 08:25

** Shares in Soitec SOIT.PA jump 13% in a broadly positive European chip sector after the French semiconductor materials supplier beat quarterly sales estimates
** Q4 revenue fell 38% to 202 million euros ($234.6 million), but beat the consensus estimate of 193 million euros in a company-provided poll
** "Soitec has released Q4 sales which are 5% ahead of Vara consensus and ahead of guidance for the quarter, with all of the beat coming in auto and industrial business," J.P. Morgan says
** Soitec also expects Q1 revenue to grow around 15% YoY at constant currency and scope basis in 2027, compared with 92 million euros a year earlier
** The stock, which has gained 651.8% YTD including today's session, tops France's SBF 120 index .SBF120


($1 = 0.8612 euros)

 (Reporting by Ozan Ergenay)
 ((ozan.ergenay@thomsonreuters.com))