ASML Holding N.V. (NASDAQ:ASML) Receives $1,589.63 Consensus Target Price from Analysts

Shares of ASML Holding N.V. (NASDAQ:ASML) have been given an average rating of “Moderate Buy” by the thirty-two analysts that are currently covering the company, Marketbeat reports. Three equities research analysts have rated the stock with a sell recommendation, five have given a hold recommendation, twenty have issued a buy recommendation and four have given a strong buy recommendation to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $1,589.6250.

Several research firms have weighed in on ASML. Wells Fargo & Company reiterated an “overweight” rating and issued a $1,750.00 price objective on shares of ASML in a research note on Thursday, April 16th. Jefferies Financial Group reiterated a “neutral” rating on shares of ASML in a research note on Monday, June 1st. Wall Street Zen lowered shares of ASML from a “buy” rating to a “hold” rating in a research note on Sunday, May 3rd. Zacks Research upgraded shares of ASML from a “hold” rating to a “strong-buy” rating in a research note on Thursday, June 4th. Finally, JPMorgan Chase & Co. upped their price objective on shares of ASML from $1,813.00 to $2,200.00 and gave the company a “buy” rating in a research note on Wednesday, June 3rd.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Dimensional Fund Advisors LP increased its stake in shares of ASML by 4.1% during the 3rd quarter. Dimensional Fund Advisors LP now owns 990,816 shares of the semiconductor company’s stock worth $959,180,000 after purchasing an additional 38,660 shares during the last quarter. Principal Financial Group Inc. increased its stake in shares of ASML by 34.5% during the 3rd quarter. Principal Financial Group Inc. now owns 15,583 shares of the semiconductor company’s stock worth $15,086,000 after purchasing an additional 4,001 shares during the last quarter. Gradient Investments LLC increased its stake in shares of ASML by 424.3% during the 4th quarter. Gradient Investments LLC now owns 14,388 shares of the semiconductor company’s stock worth $15,393,000 after purchasing an additional 11,644 shares during the last quarter. Grantham Mayo Van Otterloo & Co. LLC increased its stake in shares of ASML by 314.0% during the 3rd quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 24,626 shares of the semiconductor company’s stock worth $23,841,000 after purchasing an additional 18,677 shares during the last quarter. Finally, Bingham Private Wealth LLC acquired a new position in ASML in the 4th quarter valued at $1,444,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

Trending Headlines about ASML

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Goldman Sachs reaffirmed its buy rating on ASML, reinforcing Wall Street confidence in the company’s long-term earnings and dominance in semiconductor lithography. ASML receives a buy rating from Goldman Sachs
• Positive Sentiment: Elon Musk’s appearance at ASML’s technology conference put the company in the spotlight and highlighted its importance to next-generation chip manufacturing plans, including Musk’s proposed Terafab project tied to Tesla and SpaceX. Ahead of SpaceX IPO, Elon Musk addresses ASML employees as part of push into chip manufacturing
• Positive Sentiment: Investor interest remains strong in ASML’s technology leadership, with commentary noting its widening moat and continued relevance in AI and advanced semiconductor manufacturing. The Competitive Threat That Never Was: ASML’s Widening Moat Boosts Stock 77% YTD
• Neutral Sentiment: ASML also drew attention from articles discussing possible chip-tool challengers such as Canon and xLight, but these reports did not show an immediate threat to ASML’s EUV leadership. Canon: Potential Challenger Of ASML’s EUV Process
• Neutral Sentiment: ASML reached a deal with unions to reduce planned job cuts, and a separate report said the cuts were delayed, which may help labor relations but is not a major near-term growth driver. ASML to slash fewer jobs after striking deal with unions

ASML Stock Down 1.9%

ASML stock opened at $1,863.55 on Wednesday. The firm has a market cap of $732.90 billion, a PE ratio of 66.84, a P/E/G ratio of 1.52 and a beta of 1.82. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.78 and a current ratio of 1.36. The firm’s 50 day moving average price is $1,539.82 and its two-hundred day moving average price is $1,369.29. ASML has a twelve month low of $683.48 and a twelve month high of $1,903.50.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Monday, March 30th. The semiconductor company reported $8.28 earnings per share for the quarter. The firm had revenue of $10.15 billion for the quarter. ASML had a net margin of 27.65% and a return on equity of 48.69%. On average, research analysts predict that ASML will post 36.93 EPS for the current fiscal year.

ASML Company Profile

ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.