Analyst Rating and Price Target: Bank of America analyst Didier Scemama has reiterated a buy rating for ASML, raising the price target from $1,134 to $1,331, indicating a potential 20% gain.
Market Share and Growth Potential: Scemama predicts ASML will capture a larger share of the DRAM market, reaching an estimated 26% by 2028, driven by increased lithography intensity and improved competitiveness among clients.
Easing Risks: Concerns regarding client concentration and the impact of the China market are expected to diminish, as major clients like Samsung and Micron improve their positions and China's contribution to sales normalizes.
Future Financial Outlook: ASML's gross margins are projected to expand by 500 basis points by 2030, leading to a positive shift in investor perception and an anticipated 18% compound annual growth rate (CAGR) in earnings per share over the next five years.
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
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.
6 Buy
1 Hold
0 Sell
Strong Buy
Current: 1395.000
Low
1140
Averages
1344
High
1500
Current: 1395.000
Low
1140
Averages
1344
High
1500
Bernstein
David Dai
Outperform
maintain
2026-01-22
New
Reason
Bernstein
David Dai
Price Target
AI Analysis
2026-01-22
New
maintain
Outperform
Reason
Bernstein analyst David Dai raised the firm's price target on ASML to $1,642 from $1,528 and keeps an Outperform rating on the shares. The firm finds the DUV upside for ASML is currently overlooked. Bernstein also says that China DUV revenue is unlikely to correct much.
Grupo Santander
Carlos Trevino
Outperform -> Underperform
downgrade
€940
2026-01-22
New
Reason
Grupo Santander
Carlos Trevino
Price Target
€940
2026-01-22
New
downgrade
Outperform -> Underperform
Reason
Grupo Santander analyst Carlos Trevino downgraded ASML to Underperform from Outperform with a EUR 940 price target. The firm says a "more positive scenario" is now priced into the shares.
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Citi
Buy
upgrade
2026-01-21
New
Reason
Citi
Price Target
2026-01-21
New
upgrade
Buy
Reason
Citi raised the firm's price target on ASML to EUR 1,400 from EUR 1,200 and keeps a Buy rating on the shares.
Citi
Buy
upgrade
2026-01-20
New
Reason
Citi
Price Target
2026-01-20
New
upgrade
Buy
Reason
Citi raised the firm's price target on ASML to EUR 1,400 from EUR 1,200 and keeps a Buy rating on the shares.
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.
