ASML Stock Faces Headwinds, But Still a Buy
ASML Holding N.V. (ASML) saw its price target lowered by BofA Securities analyst Didier Scemama to EUR724.00, citing macroeconomic and tariff-related uncertainties affecting near-term bookings. Q3/Q4 booking estimates were lowered due to these uncertainties, despite customer wins at Samsung and Intel. Strong AI capital expenditure has not yet translated into wafer fab equipment orders.
ASML Holding N.V. (ASML) develops and sells advanced semiconductor equipment, including lithography, metrology, and inspection systems for chip manufacturing. While ASML offers potential as an investment, some AI stocks may offer greater upside potential and less downside risk. For a look at a potentially undervalued AI stock with growth potential, check out our free report on the best short-term AI stock.