From Morningstar: 2024-11-15 09:17:11

ASML’s investor day reaffirmed our investment thesis, leading to a 7% share price increase. Revenue guidance for 2030 remains at €44 billion-€60 billion, aligning with our forecast of €54 billion. ASML is more bullish on AI but cautious on smartphones, consumer electronics, and automotive sectors. Expectations for lithography spending and CAGR are positive, with a fair value estimate of €850.



Read more at Morningstar: ASML: Investor Day Reaffirms Undervalued Status,…