ASML (NASDAQ:ASML) Stock Price Target Lowered at JPMorgan Chase & Co.

Key Points

• JPMorgan lowered ASML’s price target from $2,400 to $2,350 while maintaining an “overweight” rating, implying 42.58% upside from the previous close.
• Analyst sentiment remains broadly positive: ASML has a consensus “Moderate Buy” rating and an average price target of $2,079.12, supported by multiple Buy and Strong Buy recommendations.
• ASML shares traded at $1,648.15, with the company reporting quarterly earnings of $14.71 per share and revenue of $13.27 billion; institutional investors own approximately 26.07% of the stock.

ASML (NASDAQ:ASML - Get Free Report) had its target price cut by stock analysts at JPMorgan Chase & Co. from $2,400.00 to $2,350.00 in a research note issued on Thursday, Benzinga reports. The brokerage currently has an "overweight" rating on the semiconductor company's stock. JPMorgan Chase & Co.'s price objective would indicate a potential upside of 42.58% from the stock's previous close.

Several other research analysts have also recently weighed in on the stock. Wells Fargo & Company upped their price objective on shares of ASML from $2,200.00 to $2,500.00 and gave the stock an "overweight" rating in a research report on Thursday, July 16th. DZ Bank upgraded shares of ASML from a "hold" rating to a "strong-buy" rating in a research report on Thursday, July 16th. Royal Bank Of Canada reissued an "outperform" rating and issued a $2,100.00 price target on shares of ASML in a research note on Wednesday, October 7th. Jefferies Financial Group reissued a "neutral" rating on shares of ASML in a report on Wednesday, September 30th. Finally, Morgan Stanley restated an "overweight" rating on shares of ASML in a research report on Tuesday, July 7th. Three equities research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating, two have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, ASML currently has a consensus rating of "Moderate Buy" and an average price target of $2,079.12.

ASML Price Performance

ASML stock traded down $1.85 during midday trading on Thursday, hitting $1,648.15. 963,003 shares of the company's stock were exchanged, compared to its average volume of 1,749,899. The company has a market cap of $648.19 billion, a P/E ratio of 51.25, a PEG ratio of 0.77 and a beta of 1.77. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.80 and a current ratio of 1.33. The stock has a 50-day moving average price of $1,742.04 and a two-hundred day moving average price of $1,668.37. ASML has a 52-week low of $946.11 and a 52-week high of $1,999.96.

ASML (NASDAQ:ASML - Get Free Report) last released its quarterly earnings results on Sunday, September 27th. The semiconductor company reported $14.71 earnings per share for the quarter. The firm had revenue of $13.27 billion for the quarter. ASML had a return on equity of 52.71% and a net margin of 30.11%. On average, equities research analysts forecast that ASML will post 43.70 earnings per share for the current year.

Hedge Funds Weigh In On ASML

Large investors have recently modified their holdings of the company. Baron Wealth Management LLC boosted its holdings in ASML by 1.8% in the second quarter. Baron Wealth Management LLC now owns 333 shares of the semiconductor company's stock worth $662,000 after acquiring an additional 6 shares in the last quarter. Whitener Capital Management Inc. increased its holdings in shares of ASML by 2.8% during the second quarter. Whitener Capital Management Inc. now owns 218 shares of the semiconductor company's stock valued at $434,000 after acquiring an additional 6 shares in the last quarter. Founders Financial Alliance LLC increased its holdings in shares of ASML by 2.3% during the second quarter. Founders Financial Alliance LLC now owns 266 shares of the semiconductor company's stock valued at $529,000 after acquiring an additional 6 shares in the last quarter. Evolution Wealth Management Inc. increased its holdings in shares of ASML by 22.6% during the first quarter. Evolution Wealth Management Inc. now owns 38 shares of the semiconductor company's stock valued at $50,000 after acquiring an additional 7 shares in the last quarter. Finally, Bradley Foster & Sargent Inc. CT raised its position in shares of ASML by 0.3% in the 1st quarter. Bradley Foster & Sargent Inc. CT now owns 2,232 shares of the semiconductor company's stock worth $2,948,000 after purchasing an additional 7 shares during the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting ASML

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Strong Q3 results: ASML reported approximately €11.7 billion in revenue and €5.0 billion in net income. Adjusted earnings of $14.89 per share exceeded the $12.17 consensus estimate, while revenue increased roughly 55% year over year. Upgrade demand and higher margins were key drivers. ASML earnings report
• Positive Sentiment: Raised outlook and durable AI demand: The company lifted its 2026 sales outlook and provided fourth-quarter revenue guidance above analyst expectations. Management also said customer order interest extends through 2030, supported by demand for EUV lithography equipment used in advanced AI chips. ASML demand and earnings report
• Positive Sentiment: Supply scarcity supports long-term fundamentals: ASML said planned production will not fully satisfy customer demand in 2027 and 2028. While this limits near-term shipments, it indicates significant pricing power and visibility for the company’s high-end chipmaking systems. ASML supply constraints article
• Neutral Sentiment: Market reaction is broader than company-specific: ASML’s results failed to revive the AI trade as investors awaited inflation data and continued taking profits across semiconductor-equipment stocks after a powerful rally. This suggests macro positioning is offsetting the earnings beat. Market reaction to ASML earnings
• Negative Sentiment: Valuation and execution concerns: Analysts see ASML as a high-quality company, but its elevated valuation leaves less room for disappointment. The quarterly revenue figure slightly missed estimates, and capacity constraints could defer revenue even while demand remains strong. ASML valuation analysis
• Negative Sentiment: Geopolitical risk remains: Potential U.S. restrictions on DUV equipment sales to China, along with uncertainty involving China and Taiwan, could limit an important market and complicate future growth. ASML China export restrictions article

ASML Company Profile

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 projects patterns onto silicon wafers, enabling the creation of increasingly smaller and more powerful semiconductor features.

ASML's product portfolio includes extreme ultraviolet (EUV) lithography systems, deep ultraviolet (DUV) lithography systems, and related metrology and inspection solutions.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.