ASML (NASDAQ:ASML) Shares Down 2% – What’s Next?

ASML Holding N.V. (NASDAQ:ASML)’s stock price fell 2% during trading on Monday . The company traded as low as $1,453.34 and last traded at $1,472.39. 1,649,726 shares traded hands during trading, a decline of 10% from the average session volume of 1,839,721 shares. The stock had previously closed at $1,501.81.

More ASML News

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Reuters reported that ASML’s CEO said the global chip market is likely to remain tight as AI, satellite, and robotics demand outpaces supply, reinforcing a favorable long-term demand backdrop for ASML’s lithography systems. ASML CEO sees tight supply in booming chip market as AI demand soars
• Positive Sentiment: UBS reportedly raised ASML to its top pick in European semiconductors and lifted its price target, signaling stronger earnings expectations and confidence in upside from the AI chip boom. ASML gains after UBS calls it Europe’s top semiconductor pick
• Positive Sentiment: UBS also said ASML offers an attractive risk/reward setup in European semiconductors, which is helping support sentiment around the stock. ASML Offers Attractive Risk/Reward in European Semiconductors, UBS Says
• Positive Sentiment: ASML and Tata Electronics announced a partnership to supply lithography technology for India’s first commercial semiconductor fab, expanding ASML’s addressable market and international customer base. ASML And Tata Chip Fab Deal Tests Valuation And Growth Expectations
• Positive Sentiment: ASML said the first chips produced with its new High-NA machines should arrive within months, highlighting progress on next-generation technology that could drive future demand. ASML says first chips from new High-NA machines to arrive in months
• Neutral Sentiment: Several articles noted heightened investor interest and reiterated ASML’s strategic importance in semiconductor manufacturing, but these were largely sentiment-driven rather than new fundamental updates.
• Negative Sentiment: No major company-specific negative catalyst stood out in the latest headlines; however, some commentary noted that High-NA systems are extremely expensive, which could temper near-term adoption even as the technology remains strategically important. ASML says first chips from new High-NA machines to arrive in months

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on ASML shares. Weiss Ratings upgraded ASML from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, February 26th. DZ Bank reiterated a “neutral” rating on shares of ASML in a report on Wednesday, April 15th. The Goldman Sachs Group reiterated a “buy” rating on shares of ASML in a report on Wednesday, May 13th. TD Cowen reiterated a “buy” rating on shares of ASML in a report on Wednesday, January 28th. Finally, Zacks Research cut ASML from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 3rd. Three analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, ASML presently has an average rating of “Moderate Buy” and a consensus target price of $1,504.38.

ASML Price Performance

The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.78 and a current ratio of 1.36. The stock’s 50 day simple moving average is $1,420.18 and its two-hundred day simple moving average is $1,288.22. The firm has a market capitalization of $609.64 billion, a PE ratio of 55.60, a price-to-earnings-growth ratio of 1.21 and a beta of 1.81.

ASML (NASDAQ:ASML) last released its earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share for the quarter. ASML had a net margin of 27.65% and a return on equity of 48.69%. The business had revenue of $10.15 billion for the quarter. On average, sell-side analysts forecast that ASML Holding N.V. will post 37.1 EPS for the current year.

Institutional Trading of ASML

Institutional investors have recently made changes to their positions in the company. Arrowstreet Capital Limited Partnership increased its holdings in ASML by 195.8% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,544,705 shares of the semiconductor company’s stock valued at $1,652,618,000 after purchasing an additional 1,022,532 shares during the last quarter. Capital International Investors increased its holdings in ASML by 17.3% in the 3rd quarter. Capital International Investors now owns 3,919,154 shares of the semiconductor company’s stock valued at $3,791,982,000 after purchasing an additional 577,448 shares during the last quarter. Regents of The University of California acquired a new stake in ASML in the 3rd quarter valued at approximately $413,335,000. WCM Investment Management LLC increased its holdings in ASML by 24.9% in the 3rd quarter. WCM Investment Management LLC now owns 1,933,748 shares of the semiconductor company’s stock valued at $1,861,445,000 after purchasing an additional 385,502 shares during the last quarter. Finally, Alliancebernstein L.P. increased its holdings in ASML by 75.6% in the 3rd quarter. Alliancebernstein L.P. now owns 790,869 shares of the semiconductor company’s stock valued at $765,632,000 after purchasing an additional 340,518 shares during the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Company Profile

ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.