ASML (NASDAQ:ASML) Shares Up 2.8% – Here’s What Happened

ASML Holding N.V. (NASDAQ:ASML) traded up 2.8% during trading on Wednesday. The company traded as high as $1,687.81 and last traded at $1,676.69. 1,237,823 shares were traded during trading, a decline of 29% from the average session volume of 1,746,684 shares. The stock had previously closed at $1,630.84.

More ASML News

Here are the key news stories impacting ASML this week:

• Positive Sentiment: ASML expects demand for chipmaking equipment and memory products to exceed supply through at least 2028. The projected memory shortage strengthens the outlook for customers such as Nvidia and Micron and supports sustained demand for ASML’s equipment. ASML Has Incredible News for Nvidia Stock and Micron Stock Investors
• Positive Sentiment: A bullish analysis cited ASML’s €14.2 billion–€15.2 billion fourth-quarter revenue outlook, strong upgrade-kit sales and accelerated €4.1 billion third-quarter share repurchases. Higher prices for critical EUV systems beginning in 2027, with a fuller impact in 2028, could lift revenue, margins and earnings. ASML: New Pricing Power Makes The 28x Multiple A Bargain
• Positive Sentiment: ASML’s near-monopoly in extreme ultraviolet lithography gives it a critical role in producing the world’s most advanced semiconductors. Analysts also continue to view the company as a beneficiary of long-term artificial-intelligence and semiconductor investment. 3 Stocks Set to Benefit from Long-Term AI Tailwinds
• Positive Sentiment: BofA Securities reiterated a Buy rating on ASML, citing favorable semiconductor-equipment mix, pricing, NAND demand and potential China-related upside. BofA Securities prefers semicaps top picks on mix, pricing, NAND, China upside
• Neutral Sentiment: ASML was among the most searched stocks on Zacks, increasing investor attention but providing no new fundamental change by itself. Investors Heavily Search ASML Holding N.V.
• Negative Sentiment: Broader fears about AI-stock financing and a technology-sector sell-off remain a risk, potentially limiting ASML’s gains despite strong chip demand. AI Stock Sell-Off: Are Mag 7 Stocks Still Buys?

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the company. Sanford C. Bernstein increased their target price on ASML from $1,971.00 to $2,623.00 and gave the stock an “outperform” rating in a research report on Monday, July 6th. Cantor Fitzgerald restated an “overweight” rating on shares of ASML in a research report on Monday, September 14th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of ASML in a research note on Friday, July 10th. Wells Fargo & Company upped their target price on ASML from $2,200.00 to $2,500.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. Finally, UBS Group reissued a “buy” rating on shares of ASML in a research note on Monday, September 28th. Three analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, two have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $2,079.12.

ASML Stock Performance

The company has a current ratio of 1.49, a quick ratio of 1.01 and a debt-to-equity ratio of 0.09. The company has a market cap of $659.42 billion, a PE ratio of 41.28, a P/E/G ratio of 0.69 and a beta of 1.77. The business has a fifty day moving average of $1,734.02 and a 200-day moving average of $1,677.80.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Sunday, September 27th. The semiconductor company reported $14.71 earnings per share (EPS) for the quarter. ASML had a net margin of 34.10% and a return on equity of 64.24%. The business had revenue of $13.27 billion for the quarter. Equities research analysts anticipate that ASML Holding N.V. will post 46.03 earnings per share for the current fiscal year.

ASML Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 4th. Investors of record on Tuesday, October 27th will be given a dividend of $2.1077 per share. This is a decrease from ASML’s previous quarterly dividend of $2.1507. The ex-dividend date of this dividend 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 is 17.63%.

Hedge Funds Weigh In On ASML

Institutional investors and hedge funds have recently modified their holdings of the stock. Van ECK Associates Corp increased its holdings in shares of ASML by 31.7% in the 2nd quarter. Van ECK Associates Corp now owns 2,459,420 shares of the semiconductor company’s stock worth $4,892,869,000 after purchasing an additional 592,125 shares in the last quarter. Sei Investments Co. boosted its holdings in shares of ASML by 223.7% in the 1st quarter. Sei Investments Co. now owns 287,225 shares of the semiconductor company’s stock worth $379,368,000 after purchasing an additional 198,505 shares during the period. Amundi lifted its position in ASML by 498.0% in the second quarter. Amundi now owns 156,791 shares of the semiconductor company’s stock worth $311,926,000 after buying an additional 130,573 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its position in ASML by 6.3% during the first quarter. Arrowstreet Capital Limited Partnership now owns 1,641,565 shares of the semiconductor company’s stock valued at $2,168,227,000 after acquiring an additional 96,860 shares during the last quarter. Finally, Lazard Asset Management LLC lifted its holdings in shares of ASML by 25.8% in the 1st quarter. Lazard Asset Management LLC now owns 339,642 shares of the semiconductor company’s stock worth $448,610,000 after acquiring an additional 69,668 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors.

About ASML

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.