ASML Holding (NASDAQ:ASML) is projected as one of the best stocks for the next decade. Citi analyst Andrew Gardiner raised the firm’s price target to EUR 1,200 from EUR 1,050, citing AI-driven demand as a primary catalyst for industry growth in 2026. Deutsche Bank also increased ASML’s price target to EUR 1,150 with a Buy rating.
Bank of America raised ASML’s price target to $1,331 from $1,092, foreseeing a pivotal inflection point in FY2027. ASML is expected to capture a larger portion of spending in the DRAM market, leading to widened profit margins. BofA named ASML one of its 25 stocks for 2026, emphasizing its conviction in the company’s growth potential.
ASML Holding (NASDAQ:ASML) offers lithography solutions for semiconductor equipment systems development. Despite its growth potential, some believe other AI stocks may offer greater upside potential with less downside risk. For those seeking an undervalued AI stock benefiting from current trends, consider exploring the best short-term AI stock in a free report.
Disclosure: None. This news was originally published on Insider Monkey.
Read more at Yahoo Finance: ASML (ASML) Positioned for Growth as Citi Identifies AI Demand as Primary Catalyst for 2026 Semiconductor Equipment Outlook
