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

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

Several research analysts have recently weighed in on the company. Wall Street Zen cut ASML from a “buy” rating to a “hold” rating in a research note on Sunday, May 3rd. Royal Bank Of Canada lifted their price objective on ASML from $1,625.00 to $1,700.00 and gave the stock an “outperform” rating in a report on Thursday, April 16th. Susquehanna reaffirmed a “positive” rating on shares of ASML in a report on Thursday, April 9th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of ASML in a report on Thursday. Finally, Zacks Research raised ASML from a “hold” rating to a “strong-buy” rating in a report on Thursday, June 4th.

More ASML News

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 Price Performance

Shares of NASDAQ:ASML opened at $1,863.55 on Wednesday. The stock has a fifty day simple moving average of $1,539.82 and a two-hundred day simple moving average of $1,371.98. The stock has a market capitalization of $732.90 billion, a price-to-earnings ratio of 66.84, a PEG ratio of 1.49 and a beta of 1.82. ASML has a 12-month low of $683.48 and a 12-month high of $1,903.50. The company has a current ratio of 1.36, a quick ratio of 0.78 and a debt-to-equity ratio of 0.13.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Monday, March 30th. The semiconductor company reported $8.28 earnings per share (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, research analysts anticipate that ASML will post 36.86 earnings per share for the current fiscal year.

Institutional Trading of ASML

Several hedge funds have recently bought and sold shares of the stock. Family Capital Management Inc. boosted its stake in shares of ASML by 0.8% in the fourth quarter. Family Capital Management Inc. now owns 919 shares of the semiconductor company’s stock worth $983,000 after acquiring an additional 7 shares during the period. 44 Wealth Management LLC boosted its stake in shares of ASML by 1.1% in the fourth quarter. 44 Wealth Management LLC now owns 657 shares of the semiconductor company’s stock worth $703,000 after acquiring an additional 7 shares during the period. Evolution Wealth Management Inc. boosted its stake in shares of ASML by 22.6% in the first quarter. Evolution Wealth Management Inc. now owns 38 shares of the semiconductor company’s stock worth $50,000 after acquiring an additional 7 shares during the period. Bradley Foster & Sargent Inc. CT lifted its position in shares of ASML by 0.3% in the first quarter. Bradley Foster & Sargent Inc. CT now owns 2,232 shares of the semiconductor company’s stock worth $2,948,000 after buying an additional 7 shares in the last quarter. Finally, Sky Investment Group LLC lifted its position in shares of ASML by 2.1% in the fourth quarter. Sky Investment Group LLC now owns 384 shares of the semiconductor company’s stock worth $411,000 after buying an additional 8 shares in the last quarter. Institutional investors own 26.07% of the company’s stock.

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.