ASML Initiated with Outperform Rating by RBC Capital, Target Price $1,550

Written by Emily J. Thompson, Senior Investment Analyst

ASML-2.39%

Source: Yahoo Finance

Updated: 3h ago

0mins

Source: Yahoo Finance

Coverage Initiation: RBC Capital analyst Srini Pajjuri has initiated coverage on ASML with an Outperform rating and a price target of $1,550, reflecting strong confidence in the company's future growth potential.
Strong Market Performance: ASML outperformed the SOX index in 2025 due to improving wafer fab equipment spending and sustained growth in extreme ultraviolet (EUV) lithography, showcasing its competitive edge in the semiconductor industry.
Growth Drivers: With robust demand for GenAI, WFE and EUV trends are expected to persist into 2026/2027, particularly as tight DRAM supply and Samsung's potential rebound in HBM4 serve as meaningful catalysts.
Service Business Growth: ASML's services segment is projected to grow at a double-digit pace, and despite China-related risks, the outlook for its logic business remains optimistic, demonstrating the company's resilience in a complex market environment.

ASML

$1326.07+Infinity%1D

Analyst Views on ASML

Wall Street analysts forecast ASML stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for ASML is 1344 USD with a low forecast of 1140 USD and a high forecast of 1500 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

7 Analyst Rating

6 Buy

1 Hold

0 Sell

Strong Buy

Current: 1358.570

Low

1140

Averages

1344

High

1500

Current: 1358.570

Low

1140

Averages

1344

High

1500

Morgan Stanley

NULL -> Overweight

upgrade

Al Analysis

2026-01-16

New

Reason

Morgan Stanley

Price Target

Al Analysis

2026-01-16

New

upgrade

NULL -> Overweight

Reason

Morgan Stanley raised the firm's price target on ASML to EUR 1,400 from EUR 1,000 and keeps an Overweight rating on the shares.

Berenberg

Tammy Qiu

Buy

maintain

2026-01-07

Reason

Berenberg

Tammy Qiu

Price Target

2026-01-07

maintain

Buy

Reason

Berenberg analyst Tammy Qiu raised the firm's price target on ASML to EUR 1,200 from EUR 1,050 and keeps a Buy rating on the shares.

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Bernstein

Market Perform -> Outperform

upgrade

$935

2026-01-04

Reason

Bernstein

Price Target

$935

2026-01-04

upgrade

Market Perform -> Outperform

Reason

Bernstein upgraded ASML to Outperform from Market Perform with a price target of $1,528, up from $935. The firm also named ASML its top pick in European semiconductors for 2026. The company will benefit from the upcoming DRAM "super cycle," the analyst tells investors in a research note. The firm says the top three DRAM makers are adding greenfield capacity in 2026 and accelerating the node migration, which is "great" for ASML. Bernstein believes 2026 and 2027 will be "big years" for extreme ultraviolet and for ASML.

Bernstein

Market Perform

Outperform

upgrade

$935

2026-01-04

Reason

Bernstein

Price Target

$935

2026-01-04

upgrade

Market Perform

Outperform

Reason

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About ASML

ASML Holding N.V. is a holding company based in the Netherlands. The Company operates through its subsidiaries in the Netherlands, the United States, Italy, France, Germany, the United Kingdom, Ireland, Belgium, South Korea, Taiwan, Singapore, China, Hong Kong, Japan, Malaysia and Israel. The Company operates through one business segment which is engage in development, production, marketing, sales, upgrading and servicing of advanced semiconductor equipment systems, consisting of lithography, metrology and inspection systems. The Company offers TWINSCAN systems, equipped with lithography system with a mercury lamp as light source (i-line), Krypton Fluoride (KrF) and Argon Fluoride (ArF) light sources for processing wafers for manufacturing environments for which imaging at a small resolution is required. TWINSCAN systems also include immersion lithography systems (TWINSCAN immersion systems).

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.