ASML (NASDAQ:ASML) Stock Gets Price Target Trim from JPMorgan Chase & Co.

ASML (NASDAQ:ASML) had its target price trimmed by JPMorgan Chase & Co. from $2,400.00 to $2,350.00 in a research report released on Thursday morning,Benzinga reports. The firm currently has an overweight rating on the semiconductor company’s stock.

Several other equities research analysts also recently commented on ASML. Citigroup restated a “buy” rating on shares of ASML in a report on Friday, July 17th. Argus set a $2,100.00 target price on ASML in a report on Thursday, July 16th. Cantor Fitzgerald reiterated an “overweight” rating on shares of ASML in a report on Monday, September 14th. Wells Fargo & Company lifted their price target on shares of ASML from $2,200.00 to $2,500.00 and gave the company an “overweight” rating in a research report on Thursday, July 16th. Finally, Wall Street Zen lowered shares of ASML from a “buy” rating to a “hold” rating in a research note on Saturday, August 15th. Three research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, two have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $2,079.12.

ASML Stock Performance

Shares of ASML stock opened at $1,641.52 on Thursday. ASML has a one year low of $946.11 and a one year high of $1,999.96. The firm has a market capitalization of $645.58 billion, a price-to-earnings ratio of 40.41, a PEG ratio of 0.72 and a beta of 1.77. The business has a 50-day simple moving average of $1,739.12 and a 200 day simple moving average of $1,670.66. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.49 and a quick ratio of 0.80.

ASML (NASDAQ:ASML) last posted its quarterly earnings results on Sunday, September 27th. The semiconductor company reported $14.71 earnings per share for the quarter. The business had revenue of $13.27 billion for the quarter. ASML had a return on equity of 64.24% and a net margin of 34.10%. On average, research analysts anticipate that ASML will post 45.26 earnings per share for the current fiscal year.

ASML Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 4th. Shareholders of record on Tuesday, October 27th will be paid a dividend of $2.1077 per share. This is a decrease from ASML’s previous quarterly dividend of $2.1507. The ex-dividend date is Tuesday, October 27th. This represents a $8.43 dividend on an annualized basis and a yield of 0.5%. ASML’s dividend payout ratio (DPR) is presently 22.62%.

Institutional Trading of ASML

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Boston Common Asset Management LLC purchased a new stake in shares of ASML during the 1st quarter valued at $4,355,000. Puzo Michael J purchased a new position in shares of ASML in the 2nd quarter worth about $1,795,000. Hennion & Walsh Asset Management Inc. boosted its holdings in shares of ASML by 23.9% in the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 6,371 shares of the semiconductor company’s stock worth $12,675,000 after buying an additional 1,230 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of ASML by 1.2% in the 1st quarter. Bank of America Corp DE now owns 1,560,256 shares of the semiconductor company’s stock worth $2,060,833,000 after buying an additional 19,051 shares during the last quarter. Finally, State Street Corp grew its position in ASML by 4.4% during the second quarter. State Street Corp now owns 85,872 shares of the semiconductor company’s stock valued at $170,851,000 after buying an additional 3,632 shares during the period. 26.07% of the stock is owned by institutional investors.

Key Stories Impacting ASML

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Record results and strong profitability: ASML reported approximately €11.7 billion in third-quarter sales, up 55% year over year, with net income near €5.0 billion and gross margin of 57.5%. The results reinforce the company’s earnings momentum. ASML: An Earnings Monster With More Room to Run
• Positive Sentiment: Demand remains well ahead of supply: Customers are seeking equipment deliveries into 2029 and 2030, while ASML says supply is effectively sold out through at least 2028. Its monopoly in extreme ultraviolet lithography makes it a critical bottleneck for advanced AI, CPU, and high-bandwidth-memory chips. Why is ASML the real bottleneck in the AI chip market?
• Positive Sentiment: Higher prices and capacity expansion could lift future earnings: Management has completed price increases for key products, with the full margin benefit expected over the next several years. ASML also plans to expand manufacturing capacity beyond its previous target, supporting growth after 2028. ASML: 3 Key Takeaways for Long-Term Investors
• Neutral Sentiment: Analyst view remains constructive: JPMorgan lowered its price target to $2,350 but maintained an Overweight rating, implying substantial potential upside if demand and pricing gains continue.
• Negative Sentiment: Expectations are extremely high: ASML trades at a premium valuation, so even strong earnings have not fully satisfied investors. A slight quarterly sales miss, rising costs, and the need to look beyond already-secured demand are weighing on sentiment. ASML’s sold-out outlook forces investors to look beyond demand
• Negative Sentiment: Macro and shareholder-return concerns: Higher inflation and interest-rate expectations are prompting a rotation away from expensive technology stocks. Separately, the latest quarterly dividend was reduced by 2%, while geopolitical exposure to China and Taiwan remains a risk.

ASML Company Profile

ASML Holding N.V. is a Netherlands-based technology company that develops and manufactures advanced lithography systems used by semiconductor manufacturers to produce integrated circuits. Its equipment helps customers transfer intricate circuit patterns onto silicon wafers, a critical step in the production of processors, memory chips and other semiconductor devices.

ASML’s product portfolio includes extreme ultraviolet (EUV) lithography systems, which support the production of the most advanced chips, as well as deep ultraviolet (DUV) lithography systems for a broad range of semiconductor applications.