ASML Holding N.V. New York Registry Shares ASML

The bottom line

ASML is the sole supplier of EUV lithography machines, so the stock tracks chipmakers' investment plans and sentiment around AI spending. The latest quarter showed $11.66B revenue, 55.2% growth year over year, and EPS of $14.89 versus a $12.47 estimate. A P/E of 38.7, in line with the sector median, assumes that high growth continues rather than pricing current profits alone. The central tension: a cash-rich, strongly cash-generating business whose shares still fall when markets question how the AI capex wave gets funded.

An explanation of the mechanics from the facts on this page, not advice.

What the company does

ASML Holding N.V. New York Registry Shares is a mega-cap company in the Technology sector (Semiconductor Equipment & Materials), with a market value of $605.8B, based in the USA.

It employs about 44,681 people and has been listed since Mar 15, 1995.

ASML Holding N.V. provides lithography solutions for the development, production, marketing, sales, upgrading, and servicing of advanced semiconductor equipment systems. The company offers lithography, metrology, and inspection systems.

Cheap or expensive? priced in line with its group

Its price-to-earnings (P/E) is 38.7 versus 38.7 for the median of the Technology sector in our universe (65 companies) — priced in line with its group.

Revenue is growing 55% versus the same quarter last year.

On analysts' next-year forecasts the multiple drops to 36.4 — they expect higher earnings.

The average analyst price target is 2148.99, 37% above the current price (their view, not ours).

The stock sits at 60% of its one-year range (0% = the low, 100% = the high).

The risks

• No risk flags were detected from the data we have.

Strengths

• ✅ Profitable — 42 of every 100 dollars of revenue stays as profit.
• ✅ Generates free cash flow — profit becomes cash in the bank.
• ✅ Buys back its shares (1% fewer shares in a year).
• ✅ More cash than debt.
• ✅ Most analysts rate it buy (38 vs 1).
• ✅ Revenue is growing 55% a year.
• ✅ Pays a dividend (0.6% a year).

What the market is talking about this week

Strong results, but the stock is pressured by market doubts over how the AI investment wave is financed.

• ASML fell about 4.25% on the week versus a 0.43% drop in the S&P 500; European chip stocks sold off amid worries over how AI spending is financed. [5]
• Analyst roundup: targets moved both ways. Citi raised to €2,300, JPMorgan kept $2,350, while Morgan Stanley and Evercore ISI trimmed targets. [2]
• Goldman Sachs added ASML to its European Conviction List, citing visibility on capacity additions and strong orders in logic and DRAM chips. [2]
• The Polen Focus Growth fund highlighted ASML as the sole supplier of EUV lithography machines, noting a roughly 9.78% one-month share decline. [3]
• A Bloomberg piece explained that advanced chipmaking relies on a global network that is hard to replicate, and rebuilding it in the US is a generational project. [1]

A summary of the articles below only, each point with its source. Not a forecast, not a recommendation.

What to watch

• The next quarterly report and its new order intake, the most direct read on machine demand.
• Whether analyst targets keep splitting, after raises from Citi and Goldman versus cuts from Morgan Stanley and Evercore. [2]
• How AI-funding concerns in Europe develop, after they drove this week's selling in chip stocks including ASML. [5]
• The gap between the $1,571.8 close and the roughly $2,149 average analyst target, as a gauge of expectations.

What changed this week

Over the past week the stock fell 4.2% (for comparison: S&P 500 -0.4%, sector ETF XLK -0.1%).

This week's news

• Making Advanced MicroChips Takes a Global Ecosystem finance.yahoo.com · 2026-10-24
  A Bloomberg conversation on how advanced chipmaking depends on an interconnected global network including ASML and TSMC, and why relocating it to the US is a generational task. source ↗
• ASML (ENXTAM:ASML) Stock Fair Value Edges Higher After Mixed Analyst Revisions finance.yahoo.com · 2026-10-23
  A roundup of analyst updates: a fair value estimate rose from €2,051 to €2,108; Citi lifted to €2,300, JPMorgan held $2,350, while Morgan Stanley and Evercore trimmed targets. source ↗
• ASML Holding N.V. (ASML) Benefits From Demand for Advanced Semiconductor Manufacturing finance.yahoo.com · 2026-10-23
  Polen Capital's quarterly investor letter highlights ASML as the sole EUV machine supplier; the stock closed around $1,560 on October 21 after a 9.78% monthly decline. source ↗
• Polen Focus Growth Strategy Trims Starbucks Corporation (SBUX) as Turnaround Progress Enters Valuation finance.yahoo.com · 2026-10-23
  The same Polen letter focuses mainly on trimming its Starbucks position, mentioning ASML only as portfolio background. source ↗
• European shares slip as French fiscal turmoil drives weekly loss finance.yahoo.com · 2026-10-23
  European shares fell on the week amid French fiscal turmoil and AI-funding worries; ASML and Infineon retreated despite decent sector revenue results. source ↗
• Tech market, housing market, hotels & handbags finance.yahoo.com · 2026-10-22
  A general market panel discussing Meta's stock split, Tesla and luxury demand; no ASML-specific content. source ↗

What changed since last week

• The price fell 4.7% since the last summary.