From Morningstar: 2024-06-05 13:14:00

ASML’s fair value estimate raised to €900 from €790 due to higher revenue and EBIT forecasts. Long-term revenue projections increased, reflecting confidence in ASML’s prospects and high-NA EUV adoption. 2030 revenue target estimated at €58.5 billion. TSMC to buy high-NA EUV machine, signaling long-term adoption. ASML’s stock remains a strong long-term buy opportunity.



Read more at Morningstar: ASML Fair Value Raised as Outlook Improves