ALKAL.PA Kalray S.A. EURONEXT down 13.85% to €5.10 on 25 Feb 2026: pullback tests valuation
We saw ALKAL.PA stock fall 13.85% to €5.10 at market close on 25 Feb 2026 after a rapid multi-session rally. The move erased shorter-term gains and came on volume of 1,281,427 shares, almost three times the average. We analyse why Kalray S.A. (EURONEXT) led today’s top losers list, how fundamentals and technicals line up, and where the stock could trade next.
ALKAL.PA stock: Price action and immediate drivers
Kalray S.A. (ticker ALKAL.PA) opened at €6.15 and hit a day low of €4.76, closing at €5.10. The one-day fall of €0.82 followed a sharp run: the shares rose more than 80% across five sessions before today’s pullback, according to market reports. Volume at 1,281,427 shares was 2.86x the average of 447,555, indicating heavy profit-taking.
Market headlines pointed to short-term selling after the rapid gain and traders cited rotation out of small-cap semiconductors into other tech names. Reuters provided real-time quote data and trading context to the move source.
Fundamentals and valuation for ALKAL.PA stock
Kalray is a French fabless semiconductor company focused on data-centre acceleration and edge AI. Key trailing metrics show market cap €61.01m, EPS €-1.82, PE -2.80, price-to-sales 2.29, and price-to-book 1.28. Revenue per share stands at €3.20 and book value per share at €3.99.
Those ratios show a mixed picture: sales multiple is modest versus large-cap peers, but negative earnings and weak cash conversion raise risk. The Technology sector on European exchanges trades higher on valuation, with average PE near 31.10, making Kalray’s negative PE an outlier in profitability metrics.
Meyka AI grade and model forecast for ALKAL.PA stock
Meyka AI rates ALKAL.PA with a score out of 100: 66.39/100 (Grade B, HOLD). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. These grades are not guaranteed and we are not financial advisors.
Meyka AI’s forecast model projects a quarterly price of €6.15, implying +20.59% from the current €5.10. The model’s monthly projection is €3.38, implying -33.73%. Forecasts are model-based projections and not guarantees. Use them with caution alongside company updates and sector moves.
Technicals and trading signals for ALKAL.PA stock
Technical indicators showed momentum ahead of today’s drop: RSI 68.81 and MACD positive with histogram 0.19, suggesting the stock was near overbought conditions. Bollinger middle band sits at €3.38 and the upper band at €5.25. The strong ADX of 60.15 indicates a powerful trend into the prior rally.
After the 13.85% decline, short-term support appears between €4.76 and the 50-day average €2.13. Traders should watch volume and whether price can reclaim €5.90-€6.15 resistance on follow-through.
Catalysts, sector context and risks
Kalray sits in the Semiconductors industry within Europe’s Technology sector. Sector averages show stronger profitability than Kalray’s current margins. Near-term catalysts include contract announcements, partnerships in data-centre and 5G markets, and the next earnings update (last announced July 2025).
Risks are clear: negative operating margins, low current ratio 0.76, and high reliance on R&D (R&D to revenue 33%). Fast intra-week rallies also increase volatility and the chance of quick reversals. Investing.com noted today’s pullback after the earlier surge source.
Investment view and trading setups for ALKAL.PA stock
From an analyst-style view we see two setups. For momentum traders, a reclaim of €6.15 with rising volume would signal continuation and validate the quarterly forecast. For value-oriented investors, a disciplined entry near book value €3.99 or the 50-day average €2.13 offers lower risk, given the company’s negative earnings.
Position sizing is essential. Kalray’s market cap €61.01m and active trading profile mean stock moves can be large. We recommend stop levels and scenario planning, not blind buy-and-hold, given cash conversion and profitability gaps.
Final Thoughts
ALKAL.PA stock closed the session down 13.85% at €5.10 on 25 Feb 2026, led by profit-taking after a steep multi-day rally and heavy volume of 1,281,427 shares. Fundamentals show mixed signals: revenue per share €3.20 and book value €3.99 are positives, but negative EPS €-1.82, PE -2.80, and a low current ratio 0.76 increase near-term risk. Meyka AI rates ALKAL.PA 66.39/100 (B, HOLD) after benchmarking sector and financial metrics. Meyka AI’s forecast model projects a quarterly target of €6.15 (implied +20.59% upside) while a monthly projection at €3.38 implies -33.73% downside. Forecasts are model-based projections and not guarantees. In short, today’s decline looks like a technical reset. Traders seeking momentum need a reclaim of €6.15 with volume. Long-term investors should watch upcoming company announcements, cash flow trends and whether Kalray narrows its losses. We use Meyka AI’s real-time tools to monitor updates and advise careful position sizing for this high-volatility semiconductor name.
FAQs
What caused the ALKAL.PA stock drop on 25 Feb 2026?
The drop followed a rapid short-term rally and heavy profit-taking. Volume spiked to 1,281,427 shares. Market commentary pointed to traders locking gains after an 80% five-session rally and rotation out of small-cap semiconductors.
What are the key valuation metrics for ALKAL.PA stock?
Trailing metrics include price €5.10, EPS €-1.82, PE -2.80, P/S 2.29 and P/B 1.28. Market cap is about €61.01m. These show modest sales valuation but negative profitability.
What does Meyka AI forecast for ALKAL.PA stock?
Meyka AI’s forecast model projects a quarterly price of €6.15 (implied +20.59% from €5.10) and a monthly projection of €3.38 (implied -33.73%). Forecasts are model-based and not guarantees.
Is ALKAL.PA stock a buy after the pullback?
Our view is neutral. Meyka AI grades ALKAL.PA 66.39/100 (B, HOLD). Consider entry near structural support or after confirmed recovery above €6.15. Use stops and focus on earnings and cash-flow updates.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.