ASML (NASDAQ:ASML) Stock Price Down 1.7% – Here’s What Happened

ASML Holding N.V. (NASDAQ:ASML)’s stock price fell 1.7% on Thursday . The company traded as low as $1,779.12 and last traded at $1,784.87. 2,569,707 shares traded hands during trading, an increase of 35% from the average session volume of 1,906,292 shares. The stock had previously closed at $1,815.27.

More ASML News

Here are the key news stories impacting ASML this week:

• Positive Sentiment: ASML beat Q2 earnings and revenue estimates, with stronger margins and solid growth in Installed Base Management and lithography shipments, reinforcing momentum in its core business.
• Positive Sentiment: The company raised its 2026 sales and gross margin outlook again, signaling that demand remains robust and that AI-related chip spending is still flowing through to equipment orders. ASML hikes sales forecast for second time this year on strong AI chip demand
• Positive Sentiment: JPMorgan lifted its price target on ASML and reiterated an overweight rating, adding to the bullish analyst tone after the earnings release. Benzinga report on JPMorgan price target increase
• Positive Sentiment: RBC and other firms said ASML is seeing strong unit demand and tailwinds from product mix and pricing, while reports also highlighted a new High-NA EUV milestone with Intel, underscoring ASML’s leadership in next-generation chipmaking. ASML Seeing Strong Unit Demand, Set for Tailwinds Ahead, RBC Says
• Neutral Sentiment: ASML declared its quarterly dividend, which is supportive for income investors but is not the main driver of the stock’s move. Intel turns to next-generation ASML tool
• Negative Sentiment: Some commentary noted that ASML’s valuation is already rich, and that could limit upside if future estimates do not keep rising at the current pace.

Analyst Upgrades and Downgrades

ASML has been the subject of several research reports. Bank of America lifted their price target on shares of ASML from $2,268.00 to $2,345.00 and gave the company a “buy” rating in a research report on Monday, June 22nd. The Goldman Sachs Group restated a “buy” rating on shares of ASML in a report on Thursday, June 11th. Berenberg Bank reiterated a “buy” rating on shares of ASML in a report on Friday, May 8th. Weiss Ratings cut shares of ASML from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, May 26th. Finally, Morgan Stanley reissued an “overweight” rating on shares of ASML in a research report on Tuesday, July 7th. Three analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, six have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, ASML currently has an average rating of “Moderate Buy” and a consensus price target of $1,970.33.

ASML Price Performance

The company has a fifty day moving average of $1,723.52 and a 200-day moving average of $1,493.66. The firm has a market cap of $701.96 billion, a P/E ratio of 64.02, a P/E/G ratio of 1.35 and a beta of 1.78. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.36 and a quick ratio of 0.78.

ASML (NASDAQ:ASML) last released its quarterly earnings results on Monday, March 30th. The semiconductor company reported $8.28 EPS for the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%.The business had revenue of $10.15 billion during the quarter. On average, sell-side analysts anticipate that ASML Holding N.V. will post 36.62 EPS for the current fiscal year.

ASML Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 5th. Stockholders of record on Tuesday, July 28th will be issued a $2.1507 dividend. The ex-dividend date is Tuesday, July 28th. This represents a $8.60 annualized dividend and a dividend yield of 0.5%. ASML’s dividend payout ratio is currently 38.63%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Cornerstone Financial Management LLC bought a new stake in ASML in the 4th quarter worth about $26,000. Portus Wealth Advisors LLC bought a new position in shares of ASML during the 1st quarter worth approximately $32,000. Resources Management Corp CT ADV lifted its position in shares of ASML by 1,150.0% during the 4th quarter. Resources Management Corp CT ADV now owns 25 shares of the semiconductor company’s stock worth $27,000 after buying an additional 23 shares in the last quarter. North Star Investment Management Corp. boosted its stake in shares of ASML by 68.8% in the 4th quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock worth $29,000 after buying an additional 11 shares during the last quarter. Finally, Jessup Wealth Management Inc purchased a new position in shares of ASML in the 4th quarter worth approximately $30,000. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

About ASML

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.