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0.000110023104851919 -0.000770161733964182 -0.00099020794366827 0.000462097040378434 -0.00319067004070865 -0.00440092419408076 -0.000704147871053031 0.00110023104852019
Stock impact report

Best-Performing European Stock of 2026 Rides Photonics Wave [Yahoo! Finance Canada]

Lumentum Holdings Inc. (LITE) 
Last lumentum holdings inc. earnings: 2/4 07:30 am Check Earnings Report
Soitec SA, a semiconductor materials maker with a market capitalization of about €3.4 billion ($4 billion), is the top performer in a Bloomberg index of the region's large, mid and smallcap stocks with a gain of more than 300% this year. It's up 84% this month alone and analysts are raising price targets. After a two-year slump that erased 85% of its market value, Soitec's presence in the fast-growing field of photonics has prompted a rapid rebound. The technology, which accounts for only a small proportion of the company's sales, is increasingly being used in data centers to handle powerful workloads and stocks with exposure are in demand from the US to Asia. “There's a market frenzy about photonics in general, that's what the market wants, it's much broader than Soitec,” said Stéphane Houri, head of equity research at Oddo Bhf. “While photonics only account for €100 million of sales, it's the visibility on the growth of demand for the technology which is driving the stock.” S Show less Read more
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