ASML (NASDAQ:ASML) Trading Down 2.4% – Here’s What Happened

ASML Holding N.V. (NASDAQ:ASML)’s stock price traded down 2.4% during trading on Thursday . The company traded as low as $1,681.58 and last traded at $1,687.43. 1,074,442 shares traded hands during mid-day trading, a decline of 40% from the average session volume of 1,792,412 shares. The stock had previously closed at $1,729.52.

ASML News Summary

Here are the key news stories impacting ASML this week:

• Positive Sentiment: AI-related demand for high-bandwidth memory, advanced DRAM, NAND and leading-edge logic is supporting a projected 16.9% increase in global wafer-fabrication-equipment spending to $135.2 billion in 2026. This is a favorable backdrop for ASML’s lithography systems. 3 Chip Equipment Stocks Set to Win the Memory Boom
• Positive Sentiment: Samsung has joined Intel, TSMC and SK hynix as a High-NA EUV customer or development partner. The expanding customer base and ASML’s raised 2026 outlook—including expectations for more than 45% year-over-year EUV revenue growth—strengthen the company’s long-term growth case. ASML: Samsung Adds Fuel To The Next EUV Growth Cycle
• Positive Sentiment: Intel said its foundry has processed more than one million wafers using High-NA EUV equipment, providing an important real-world validation of ASML’s approximately $400 million-class systems and potentially encouraging additional customer investment. Intel’s ASML Milestone Gives Investors a New Reason to Revisit the Stock
• Neutral Sentiment: ASML and TSMC are developing 12-inch High-NA EUV photomasks intended to improve productivity, reduce manufacturing costs and ease stitching constraints. However, TSMC expects High-NA to enter high-volume production around 2030, making the financial payoff a longer-term catalyst. ASML, TSMC Target 40% High-NA Productivity Gain
• Negative Sentiment: ASML’s strong AI growth expectations are already reflected in a premium valuation. Analysts caution that high execution expectations leave limited room for shipment delays, customer qualification issues or slower-than-expected High-NA adoption, contributing to the stock’s recent weakness. Should Investors Buy ASML as AI Growth Meets a Premium Valuation?

Analysts Set New Price Targets

Several equities analysts have commented on the company. Barclays reaffirmed an “overweight” rating on shares of ASML in a research report on Thursday, July 16th. JPMorgan Chase & Co. raised their price target on shares of ASML from $2,200.00 to $2,400.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. Bank of America upped their target price on shares of ASML from $2,268.00 to $2,345.00 and gave the stock a “buy” rating in a research note on Monday, June 22nd. Royal Bank Of Canada increased their price objective on ASML from $1,700.00 to $2,000.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 14th. Finally, Morningstar lowered ASML to a “sell” rating in a research report on Wednesday, May 27th. Four equities research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, four have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $1,970.33.

ASML Stock Down 2.4%

The business’s 50-day moving average is $1,740.88 and its 200-day moving average is $1,608.27. The company has a market capitalization of $663.63 billion, a price-to-earnings ratio of 52.50, a P/E/G ratio of 0.87 and a beta of 1.79. The company has a quick ratio of 0.80, a current ratio of 1.33 and a debt-to-equity ratio of 0.09.

ASML (NASDAQ:ASML) last announced its quarterly earnings results on Sunday, June 28th. The semiconductor company reported $8.65 earnings per share (EPS) for the quarter. The company had revenue of $10.62 billion during the quarter. ASML had a return on equity of 52.71% and a net margin of 30.11%. As a group, equities analysts predict that ASML Holding N.V. will post 44.99 earnings per share for the current year.

ASML Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, August 5th. Investors of record on Tuesday, July 28th were given a dividend of $2.1507 per share. This represents a $8.60 annualized dividend and a yield of 0.5%. The ex-dividend date was Tuesday, July 28th. ASML’s dividend payout ratio (DPR) is currently 22.62%.

Institutional Investors Weigh In On ASML

Hedge funds have recently modified their holdings of the company. NBH Bank purchased a new position in ASML during the second quarter worth approximately $26,000. Field & Main Bank acquired a new position in ASML in the 2nd quarter valued at $30,000. Tsfg LLC purchased a new position in ASML in the 2nd quarter valued at $44,000. Cornerstone Financial Management LLC acquired a new stake in shares of ASML in the fourth quarter valued at about $26,000. Finally, Portus Wealth Advisors LLC purchased a new position in shares of ASML in the first quarter worth about $32,000. 26.07% of the stock is owned by hedge funds and other institutional investors.

About ASML

ASML Holding N.V. is a Netherlands-based technology company that develops and manufactures lithography systems used by semiconductor manufacturers to produce integrated circuits. Its equipment uses light to project intricate circuit patterns onto silicon wafers, an essential step in the production of chips for computers, smartphones, automobiles, data centers and other electronic devices.

The company’s product portfolio includes extreme ultraviolet (EUV) lithography systems, deep ultraviolet (DUV) lithography systems and advanced metrology and inspection technologies.