ALKAL.PA Kalray S.A. EURONEXT up 44.21% intraday on 23 Feb 2026: high-volume signals
The ALKAL.PA stock surged to EUR 5.92 on EURONEXT in intraday trade on 23 Feb 2026, rising 44.21% on volume of 990105.00 shares. Traders pushed the price from an open of EUR 4.90 to a day high of EUR 5.92 as average volume jumped to 2.87x. This intraday move makes Kalray S.A. one of today’s high-volume movers in the European semiconductor space.
ALKAL.PA stock: Price action and volume
ALKAL.PA stock ended the intraday run at EUR 5.92 after opening at EUR 4.90. The price change of +1.81 EUR equals +44.21% on the day. Volume hit 990105.00 versus an average of 413412.00, giving a relative volume of 2.87. High volume confirms broad participation and suggests institutional or news-driven flows behind the move.
ALKAL.PA stock: What likely triggered the spike
Kalray operates in semiconductors for data centres and AI acceleration, sectors seeing rotation. Recent analyst coverage and forecasts on Investing.com coincided with the trade, increasing visibility Investing.com UK. The stock’s 50-day average EUR 1.88 and 200-day average EUR 0.98 show a long-term recovery trend that likely amplified momentum traders’ interest.
ALKAL.PA stock: Fundamentals and valuation
On fundamentals Kalray reports EPS -1.82 and PE -2.63, reflecting recent losses. Market cap is EUR 57,244,630.00 and book value per share is EUR 3.99. Price-to-sales is 2.15 and price-to-book is 1.20. Revenue per share stands at EUR 3.20. These figures show revenue scale but negative margins, typical of growth-stage semiconductor firms.
ALKAL.PA stock: Technical setup and momentum
Technically ALKAL.PA shows overbought signals: RSI 76.26, CCI 190.95, and MFI 86.57. ADX 57.11 indicates a strong trend. Bollinger bands (upper 4.33, middle 3.10) expanded with price above the upper band. Short-term momentum favors buyers, but extreme indicators warn of a pullback risk in the next sessions.
Meyka AI rates ALKAL.PA with a score out of 100
Meyka AI rates ALKAL.PA with a score of 66.33 out of 100 (Grade: B, Suggestion: HOLD). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. The model notes strong recent price momentum but weighs negative profitability and tight liquidity. These grades are model outputs and are not guarantees; we are not financial advisors.
ALKAL.PA stock: Risks, catalysts and sector context
Key catalysts include product wins in data centres, accelerated AI deployments, and better margin disclosure. Risks include negative EPS, current ratio 0.76, and interest coverage -13.58. The Technology sector in Europe shows modest YTD gains; semiconductors are high-beta. Monitor order announcements, earnings visibility, and any follow-up analyst notes such as the German Investing.com listing Investing.com DE.
Final Thoughts
Key takeaways on ALKAL.PA stock: intraday volume and price confirm strong buyer interest today, with EUR 990105.00 shares traded and a 44.21% jump to EUR 5.92 on EURONEXT. Fundamentals still show losses (EPS -1.82) and low liquidity ratios, so the move looks momentum-driven rather than fundamentals-led. Meyka AI’s forecast model projects a monthly level of EUR 3.38 and a quarterly level of EUR 6.15. Compared with the current price of EUR 5.92, the monthly forecast implies a downside of -42.97%, while the quarterly forecast implies an upside of +3.89%. For traders, intraday follow-through or volume fade will determine next moves. For longer-term investors, watch revenue traction, margin improvement, and the next earnings update. Meyka AI provides this as AI-powered market analysis; forecasts are model-based projections and not guarantees.
FAQs
What drove the ALKAL.PA stock spike today?
High trading volume of 990105.00 shares and renewed analyst visibility lifted ALKAL.PA stock to EUR 5.92. Momentum traders chased the breakout above the 50-day average of EUR 1.88.
How does Kalray’s valuation look right now?
Kalray shows price-to-sales 2.15 and price-to-book 1.20. Earnings are negative with EPS -1.82, so valuation mixes growth expectations with ongoing losses.
What does Meyka AI forecast for ALKAL.PA stock?
Meyka AI’s forecast model projects monthly EUR 3.38 and quarterly EUR 6.15. Versus EUR 5.92 today, that implies -42.97% monthly and +3.89% quarterly potential. Forecasts are not guarantees.
Should traders buy ALKAL.PA after this move?
Short-term traders should watch follow-through volume and RSI. Overbought indicators suggest a pullback risk. Longer-term positions need clearer earnings and cash-flow improvement.
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.