ASML (NASDAQ:ASML) Shares Up 2.9% – Time to Buy?

ASML Holding N.V. (NASDAQ:ASML)’s share price was up 2.9% during trading on Tuesday . The company traded as high as $1,790.00 and last traded at $1,764.85. 1,348,310 shares traded hands during mid-day trading, a decline of 25% from the average daily volume of 1,799,749 shares. The stock had previously closed at $1,714.88.

Key Headlines Impacting ASML

Here are the key news stories impacting ASML this week:

• Positive Sentiment: AI-related demand for high-bandwidth memory, advanced DRAM, NAND and leading-edge logic is supporting a projected 16.9% increase in global wafer-fabrication-equipment spending to $135.2 billion in 2026. This is a favorable backdrop for ASML’s lithography systems. 3 Chip Equipment Stocks Set to Win the Memory Boom
• Positive Sentiment: Samsung has joined Intel, TSMC and SK hynix as a High-NA EUV customer or development partner. The expanding customer base and ASML’s raised 2026 outlook—including expectations for more than 45% year-over-year EUV revenue growth—strengthen the company’s long-term growth case. ASML: Samsung Adds Fuel To The Next EUV Growth Cycle
• Positive Sentiment: Intel said its foundry has processed more than one million wafers using High-NA EUV equipment, providing an important real-world validation of ASML’s approximately $400 million-class systems and potentially encouraging additional customer investment. Intel’s ASML Milestone Gives Investors a New Reason to Revisit the Stock
• Neutral Sentiment: ASML and TSMC are developing 12-inch High-NA EUV photomasks intended to improve productivity, reduce manufacturing costs and ease stitching constraints. However, TSMC expects High-NA to enter high-volume production around 2030, making the financial payoff a longer-term catalyst. ASML, TSMC Target 40% High-NA Productivity Gain
• Negative Sentiment: ASML’s strong AI growth expectations are already reflected in a premium valuation. Analysts caution that high execution expectations leave limited room for shipment delays, customer qualification issues or slower-than-expected High-NA adoption, contributing to the stock’s recent weakness. Should Investors Buy ASML as AI Growth Meets a Premium Valuation?

Analyst Upgrades and Downgrades

ASML has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ASML in a research report on Friday, July 10th. Barclays reaffirmed an “overweight” rating on shares of ASML in a report on Thursday, July 16th. JPMorgan Chase & Co. boosted their target price on shares of ASML from $2,200.00 to $2,400.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. Citigroup restated a “buy” rating on shares of ASML in a research report on Friday, July 17th. Finally, Argus set a $2,100.00 price target on shares of ASML in a research note on Thursday, July 16th. Four analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, ASML has an average rating of “Moderate Buy” and a consensus price target of $1,970.33.

ASML Stock Performance

The company has a market cap of $663.63 billion, a price-to-earnings ratio of 52.50, a P/E/G ratio of 0.87 and a beta of 1.79. The company has a current ratio of 1.33, a quick ratio of 0.80 and a debt-to-equity ratio of 0.09. The stock’s fifty day simple moving average is $1,740.88 and its 200 day simple moving average is $1,608.27.

ASML (NASDAQ:ASML) last issued its earnings results on Sunday, June 28th. The semiconductor company reported $8.65 earnings per share for the quarter. The business had revenue of $10.62 billion for the quarter. ASML had a return on equity of 52.71% and a net margin of 30.11%. As a group, analysts anticipate that ASML Holding N.V. will post 44.99 earnings per share for the current year.

ASML Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 5th. Shareholders of record on Tuesday, July 28th were paid a dividend of $2.1507 per share. The ex-dividend date of this dividend was Tuesday, July 28th. This represents a $8.60 dividend on an annualized basis and a yield of 0.5%. ASML’s payout ratio is 22.62%.

Institutional Trading of ASML

Hedge funds and other institutional investors have recently modified their holdings of the stock. Boston Common Asset Management LLC acquired a new position in ASML in the first quarter valued at $4,355,000. Cambridge Investment Research Advisors Inc. grew its stake in ASML by 3.5% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 22,467 shares of the semiconductor company’s stock worth $24,036,000 after buying an additional 760 shares during the last quarter. Keudell Morrison Wealth Management acquired a new position in ASML during the fourth quarter worth approximately $1,402,000. Puzo Michael J purchased a new stake in ASML in the second quarter valued at approximately $1,795,000. Finally, Griffin Asset Management Inc. boosted its holdings in shares of ASML by 3.5% in the fourth quarter. Griffin Asset Management Inc. now owns 21,786 shares of the semiconductor company’s stock valued at $23,308,000 after acquiring an additional 741 shares during the period. 26.07% of the stock is owned by institutional investors and hedge funds.

About ASML

ASML Holding N.V. is a Netherlands-based technology company that develops and manufactures lithography systems used by semiconductor manufacturers to produce integrated circuits. Its equipment uses light to project intricate circuit patterns onto silicon wafers, an essential step in the production of chips for computers, smartphones, automobiles, data centers and other electronic devices.

The company’s product portfolio includes extreme ultraviolet (EUV) lithography systems, deep ultraviolet (DUV) lithography systems and advanced metrology and inspection technologies.