ASML shares rose after reporting positive Q3 results, with net bookings at €5.4 billion and net income at €2.1 billion. The company’s unique position as the only EUV lithography machine manufacturer creates a competitive advantage. Major customers like TSM and Samsung support long-term growth, with expanding clientele and growing EUV tech adoption driving stock higher. Management’s Q4 sales guidance and revenue target of €44-60 billion by 2030 are positive indicators. Strategic alliances and new packaging tools strengthen ASML’s technological leadership. Analysts rate ASML shares as “Strong Buy” with price targets up to $1,175, representing a 17% potential upside.

Read more at Yahoo Finance: Should You Buy the Post-Earnings Pop in ASML Stock?