ASML (NASDAQ:ASML) Price Target Raised to $2,400.00

ASML (NASDAQ:ASML) had its target price upped by JPMorgan Chase & Co. from $2,200.00 to $2,400.00 in a research note issued to investors on Thursday morning,Benzinga reports. JPMorgan Chase & Co. currently has an overweight rating on the semiconductor company’s stock.

Several other equities research analysts also recently issued reports on ASML. Zacks Research downgraded ASML from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 3rd. Berenberg Bank reiterated a “buy” rating on shares of ASML in a research report on Friday, May 8th. Wells Fargo & Company lifted their price target on ASML from $2,200.00 to $2,500.00 and gave the company an “overweight” rating in a research report on Thursday. Bank of America boosted their price objective on ASML from $2,268.00 to $2,345.00 and gave the company a “buy” rating in a research note on Monday, June 22nd. Finally, The Goldman Sachs Group reaffirmed a “buy” rating on shares of ASML in a report on Thursday, June 11th. Four research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, ASML presently has a consensus rating of “Moderate Buy” and an average target price of $1,970.33.

ASML Stock Performance

NASDAQ ASML opened at $1,747.58 on Thursday. The firm has a market cap of $687.29 billion, a P/E ratio of 54.37, a price-to-earnings-growth ratio of 1.06 and a beta of 1.78. The company has a quick ratio of 0.78, a current ratio of 1.33 and a debt-to-equity ratio of 0.09. The company’s 50 day moving average is $1,731.99 and its 200-day moving average is $1,500.42. ASML has a 12-month low of $683.48 and a 12-month high of $1,999.96.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Monday, March 30th. The semiconductor company reported $8.28 EPS for the quarter. ASML had a net margin of 30.11% and a return on equity of 52.71%. The company had revenue of $10.15 billion during the quarter. Sell-side analysts predict that ASML will post 40.32 earnings per share for the current year.

ASML Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, August 5th. Stockholders of record on Tuesday, July 28th will be given a dividend of $2.1507 per share. This represents a $8.60 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Tuesday, July 28th. ASML’s payout ratio is 38.63%.

Institutional Investors Weigh In On ASML

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Walker Asset Management LLC purchased a new stake in shares of ASML in the second quarter worth $215,000. Ballast Inc. purchased a new position in ASML during the second quarter worth about $593,000. Northside Capital Management LLC grew its position in ASML by 127.0% during the second quarter. Northside Capital Management LLC now owns 1,512 shares of the semiconductor company’s stock worth $3,010,000 after buying an additional 846 shares in the last quarter. Whitener Capital Management Inc. increased its stake in ASML by 2.8% in the 2nd quarter. Whitener Capital Management Inc. now owns 218 shares of the semiconductor company’s stock worth $434,000 after acquiring an additional 6 shares during the last quarter. Finally, Taylor & Morgan Wealth Management LLC bought a new position in ASML in the 2nd quarter worth about $263,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Key ASML News

Here are the key news stories impacting ASML this week:

• Positive Sentiment: ASML reported a Q2 earnings beat, with revenue and margins helped by stronger Installed Base Management sales and lithography shipments, and management raised its 2026 outlook again as AI-driven chip demand remains robust.
• Positive Sentiment: Several Wall Street firms turned more bullish, including JPMorgan raising its price target to $2,400 and other notes lifting fair value estimates on expectations for fuller EUV order books, stronger AI infrastructure demand, and better long-term shipment and margin assumptions.
• Positive Sentiment: ASML’s High-NA EUV momentum and broader industry tailwinds are reinforcing its role as a key AI enabler, with analysts pointing to strong unit demand, capacity expansion, and improving pricing power as support for multi-year growth.
• Neutral Sentiment: ASML announced a quarterly dividend of $2.1507 per share, with the ex-dividend date set for July 28 and payment due August 5; this is a shareholder-return update rather than a major operating catalyst.
• Negative Sentiment: Some investors remain cautious because valuation is already rich, and analysts note that forward estimates may be constrained by slower sales growth, even as the company benefits from AI demand.
• Negative Sentiment: Geopolitical risk is still a headwind, with China now expected to contribute about 20% of 2026 revenue and U.S.-China export restrictions creating uncertainty around future chipmaking equipment sales.

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.