Key Stats for ASML Stock
- Price change for ASML stock in last 6 months: 49%
- $ASML Stock Price as of Jul. 6: $1825
- 52-Week High: $2000
- $ASML Stock Price Target: $1833
Now Live: Discover how much upside your favorite stocks could have using TIKR’s new Valuation Model (It’s free)>>>
What Happened?
ASML (ASML) stock climbed 3% after Bernstein raised its price target on the stock by more than 30%, taking it up to $2,623 (equivalent to €2,300) from a previous target near $1,971.
Bernstein kept its Outperform rating and said the boost comes down to one thing: AI demand for chips is expanding faster than expected, and that’s driving huge growth in both logic and DRAM chip capacity.
To put numbers behind that, Bernstein now expects ASML to ship 91 EUV machines in 2027, up from its earlier forecast of 86.
For 2028, the new estimate jumps to 113 machines, way above the prior guess of 87. These EUV machines are the specialized tools ASML makes that print the tiny circuits onto advanced computer chips, and demand for them is the main reason analysts are getting more bullish on ASML stock.
Bernstein now sees ASML’s EUV business growing at an average rate of 30% per year, reaching €42.7 billion in revenue by 2030. That’s more than 30% higher than what the rest of Wall Street is expecting.
The firm also raised its outlook for ASML’s other lithography business (called DUV), expecting it to go up from €13 billion this year to €20 billion by 2030.
Looking further out, Bernstein expects ASML’s total revenue to reach €80 billion by 2030, implying 20% annual growth.
Earnings per share could reach €97 by then, growing at a 31% yearly clip. For 2028 alone, Bernstein’s earnings estimate of €67 per share is 35% above other analysts’ estimates.
Bernstein also raised the multiple it’s willing to pay for ASML stock, from 35 times earnings to 40 times, arguing the stock is actually cheap compared to other chip equipment makers right now.
See analysts’ growth forecasts and price targets for ASML stock (It’s free) >>>
What the Market Is Telling Us About ASML Stock
This isn’t just one analyst getting excited. It reflects a broader theme playing out across the semiconductor industry: AI is driving a massive wave of chip factory spending, and ASML makes some of the most critical, hardest-to-replace tools in that entire supply chain.
When chipmakers need to build more advanced logic and memory chips, they rely on ASML’s machines to do so.
That said, not everyone agrees the stock is cheap here. Some valuation models suggest that ASML stock is trading above its fair value at current prices, even with its strong growth story.
There’s also a new wrinkle worth watching: Nikon has entered the same market with lower-priced equipment, aiming to chip away at ASML’s dominant position over time.
For now, though, the market’s reaction suggests investors are focusing on the growth story.
With AI chip demand showing no signs of slowing, Wall Street seems willing to pay up for ASML stock’s central role in enabling that growth.
Estimate a company’s fair value instantly (Free with TIKR) >>>
How Much Upside Does ASML Stock Have From Here?
With TIKR’s new Valuation Model tool, you can estimate a stock’s potential share price in under a minute.
All it takes is three simple inputs:
- Revenue Growth
- Operating Margins
- Exit P/E Multiple
If you’re not sure what to enter, TIKR automatically fills in each input using analysts’ consensus estimates, giving you a quick, reliable starting point.
From there, TIKR calculates the potential share price and total returns under Bull, Base, and Bear scenarios so you can quickly see whether a stock looks undervalued or overvalued.
See a stock’s true value in under 60 seconds (Free with TIKR) >>>
Looking for New Opportunities?
- See what stocks billionaire investors are buying so you can follow the smart money.
- Analyze stocks in as little as 5 minutes with TIKR’s all-in-one, easy-to-use platform.
- The more rocks you overturn… the more opportunities you’ll uncover. Search 100K+ global stocks, global top investor holdings, and more with TIKR.
Disclaimer:
Please note that the articles on TIKR are not intended to serve as investment or financial advice from TIKR or our content team, nor are they recommendations to buy or sell any stocks. We create our content based on TIKR Terminal’s investment data and analysts’ estimates. Our analysis might not include recent company news or important updates. TIKR has no position in any stocks mentioned. Thank you for reading, and happy investing!
