Free Trial

ASML (NASDAQ:ASML) Given New $1,175.00 Price Target at JPMorgan Chase & Co.

ASML logo with Computer and Technology background

Key Points

  • JPMorgan Chase & Co. has raised the price target for ASML from $957.00 to $1,175.00, indicating a potential upside of 13.83% from its current price.
  • ASML currently holds a consensus rating of "Moderate Buy" among analysts, with one Strong Buy, twelve Buy, and five Hold ratings.
  • In its last quarterly earnings report, ASML reported earnings of $4.55 per share, missing estimates but achieving a 23.2% year-over-year revenue growth to $8.94 billion.
  • Five stocks to consider instead of ASML.

ASML (NASDAQ:ASML - Get Free Report) had its target price raised by equities research analysts at JPMorgan Chase & Co. from $957.00 to $1,175.00 in a research note issued to investors on Monday,Benzinga reports. The firm currently has an "overweight" rating on the semiconductor company's stock. JPMorgan Chase & Co.'s price target would indicate a potential upside of 13.83% from the stock's current price.

A number of other research analysts also recently commented on the stock. Arete Research raised shares of ASML to a "strong-buy" rating in a report on Friday, September 12th. UBS Group reaffirmed a "buy" rating on shares of ASML in a report on Wednesday, October 1st. Morgan Stanley raised ASML from an "equal weight" rating to an "overweight" rating in a research report on Monday, September 22nd. Sanford C. Bernstein reissued a "neutral" rating on shares of ASML in a report on Tuesday, September 30th. Finally, Morningstar cut ASML to a "hold" rating in a research report on Thursday, September 18th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, ASML presently has a consensus rating of "Moderate Buy" and a consensus target price of $938.80.

Check Out Our Latest Stock Report on ASML

ASML Stock Up 0.2%

NASDAQ:ASML opened at $1,032.22 on Monday. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.43 and a quick ratio of 0.81. The firm's 50-day moving average price is $806.14 and its 200-day moving average price is $753.31. ASML has a 1-year low of $578.51 and a 1-year high of $1,040.23. The company has a market capitalization of $406.10 billion, a PE ratio of 43.08, a P/E/G ratio of 1.74 and a beta of 1.87.

ASML (NASDAQ:ASML - Get Free Report) last announced its quarterly earnings data on Wednesday, July 16th. The semiconductor company reported $4.55 earnings per share for the quarter, missing analysts' consensus estimates of $5.94 by ($1.39). ASML had a return on equity of 49.47% and a net margin of 26.95%.The firm had revenue of $8.94 billion during the quarter, compared to analysts' expectations of $8.72 billion. During the same quarter in the previous year, the firm earned $4.01 earnings per share. ASML's revenue was up 23.2% on a year-over-year basis. ASML has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, equities analysts predict that ASML will post 25.17 EPS for the current fiscal year.

Institutional Trading of ASML

Large investors have recently bought and sold shares of the company. Putney Financial Group LLC increased its holdings in ASML by 322.2% during the 1st quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company's stock valued at $25,000 after acquiring an additional 29 shares in the last quarter. Princeton Global Asset Management LLC increased its stake in shares of ASML by 153.8% during the 2nd quarter. Princeton Global Asset Management LLC now owns 33 shares of the semiconductor company's stock worth $26,000 after purchasing an additional 20 shares in the last quarter. Banque Cantonale Vaudoise acquired a new position in shares of ASML during the 1st quarter worth approximately $27,000. Binnacle Investments Inc grew its holdings in ASML by 78.9% during the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company's stock valued at $27,000 after buying an additional 15 shares during the last quarter. Finally, Pin Oak Investment Advisors Inc. purchased a new position in ASML during the second quarter worth $30,000. Institutional investors and hedge funds own 26.07% of the company's stock.

About ASML

(Get Free Report)

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems for chipmakers. It offers advanced semiconductor equipment systems, including lithography, metrology, and inspection systems. The company also provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies.

Further Reading

Analyst Recommendations for ASML (NASDAQ:ASML)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in ASML Right Now?

Before you consider ASML, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ASML wasn't on the list.

While ASML currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Beginner's Guide To Retirement Stocks Cover

Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

7 Travel Stocks to Buy Before the Holidays
5 Hot Stocks to Buy Now: October’s Top Picks With Major Upside
5 Secret Tech Stocks Wall Street Missed

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines