ASML (NASDAQ:ASML) Shares Down 7.8% – Here’s What Happened

ASML Holding N.V. (NASDAQ:ASML)’s stock price was down 7.8% on Tuesday . The stock traded as low as $1,755.97 and last traded at $1,778.46. Approximately 2,406,946 shares changed hands during trading, an increase of 29% from the average session volume of 1,863,565 shares. The stock had previously closed at $1,929.25.

More ASML News

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Wells Fargo said it expects strong Q2 results from ASML and other chip-equipment makers, reinforcing the view that demand for advanced lithography tools remains healthy.
• Positive Sentiment: Bank of America raised its price target on ASML to $2,345 and kept a Buy rating, citing continued upside potential for the stock.
• Positive Sentiment: ASML continues to repurchase shares under its buyback program, which can support earnings per share and signals confidence from management.
• Neutral Sentiment: Several articles highlighted ASML as a long-term AI and semiconductor infrastructure leader, with analysts and commentators emphasizing its near-monopoly in advanced chip lithography.
• Negative Sentiment: ASML denied allegations that its EUV equipment was exported to China in violation of export controls, but the story keeps regulatory scrutiny and geopolitical risk front and center for investors.
• Negative Sentiment: The Netherlands joining the U.S.-led Pax Silica initiative despite the ASML dispute underscores that export-policy tensions remain a live issue that could affect sentiment toward the stock.

Wall Street Analyst Weigh In

Several research firms have issued reports on ASML. DZ Bank reissued a “neutral” rating on shares of ASML in a research report on Wednesday, April 15th. Sanford C. Bernstein restated a “buy” rating on shares of ASML in a report on Monday, June 15th. Wells Fargo & Company upped their target price on ASML from $1,750.00 to $2,200.00 and gave the stock an “overweight” rating in a report on Monday. The Goldman Sachs Group reaffirmed a “buy” rating on shares of ASML in a research note on Thursday, June 11th. Finally, UBS Group reissued a “buy” rating on shares of ASML in a research report on Wednesday, May 20th. Four investment analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, five have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $1,772.62.

ASML Stock Performance

The firm has a fifty day moving average price of $1,604.59 and a 200 day moving average price of $1,407.30. 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 has a market cap of $699.43 billion, a PE ratio of 63.79, a price-to-earnings-growth ratio of 1.55 and a beta of 1.82.

ASML (NASDAQ:ASML) last released its quarterly earnings results on Monday, March 30th. The semiconductor company reported $8.28 EPS for the quarter. The company had revenue of $10.15 billion during the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%. Research analysts forecast that ASML Holding N.V. will post 36.76 earnings per share for the current fiscal year.

Institutional Trading of ASML

A number of institutional investors have recently bought and sold shares of ASML. Arrowstreet Capital Limited Partnership increased its holdings in shares of ASML by 195.8% in the fourth 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 period. Capital International Investors boosted its position in ASML by 17.3% in the third quarter. Capital International Investors now owns 3,919,154 shares of the semiconductor company’s stock valued at $3,791,982,000 after buying an additional 577,448 shares during the last quarter. Alliancebernstein L.P. boosted its position in ASML by 75.6% in the third quarter. Alliancebernstein L.P. now owns 790,869 shares of the semiconductor company’s stock valued at $765,632,000 after buying an additional 340,518 shares during the last quarter. Van ECK Associates Corp increased its holdings in ASML by 16.6% in the 3rd quarter. Van ECK Associates Corp now owns 2,148,506 shares of the semiconductor company’s stock worth $2,079,948,000 after buying an additional 305,435 shares during the period. Finally, BlueSpruce Investments LP increased its holdings in ASML by 18,861.1% in the 3rd quarter. BlueSpruce Investments LP now owns 244,977 shares of the semiconductor company’s stock worth $237,160,000 after buying an additional 243,685 shares during the period. 26.07% of the stock is currently owned by institutional investors and hedge funds.

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.