ASML · ASML Daily Market Briefing

Bullish

ASML stock holds steady at $1,763.76 amid raised 2026 sales guidance

ASML's stock remains robust at $1,763.76, bolstered by an upward revision of its 2026 sales forecast to €43–€45 billion, up from €36–€40 billion. This optimistic outlook is driven by strong demand for advanced lithography systems in Q2 2026.

Key points

  • ASML's Q2 2026 net sales reached €9.3 billion, a 21% increase from the previous quarter, indicating robust demand for its products.
  • Analysts maintain a positive outlook, with average target prices around $1,970, suggesting potential upside from current levels.
  • Recent reports highlight ongoing U.S. pressure on ASML regarding export restrictions to China; however, these concerns have been present for years and are not new developments.

Sources

AI-generated from public news sources. Not financial advice.

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