Soitec shares are down 4.1% today at €99.88, extending recent declines after J.P. Morgan reduced its price target from €130 to €92 on July 8, adopting a neutral stance.
- The stock's current performance also reflects consolidation after a period of strong gains driven by optimism in the semiconductor and AI sectors, and earlier positive fiscal 2026 results which showed a return to positive free cash flow.
- Soitec has been a laggard in the SBF 120 index, with shares plunging nearly 28% over the past month.