Professional
Added to YB: 2026-06-26
Pitch date: 2026-06-24
ALKAL.PA [neutral]
Kalray S.A.
Author Info
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Company Info
Kalray S.A. provides processors and acceleration cards in France. It offers acceleration cards; AI and compute acceleration cards; and storage acceleration cards, as well as MPPA processor for various data transfers.
Market Cap
EUR 131.5M
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
29.77
P/E
-23.68
EV/Sales
5.48
Sector
Semiconductors and Semiconductor Equipment
Category
N/A
Pernas Research Passes On: Kalray S.A.
ALKAL.PA (pass): French fabless semi maker of DPUs (specialized chips offloading networking/storage/security from CPUs). Mkt cap €131M, €8.78, 30x EV/EBITDA. Compelling DPU trends but can't compete vs scaled rivals' R&D; forced into hard-to-size custom DPU niche. Small balance sheet = execution risk.
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