ASML, the only company using EUV systems for semiconductors, saw a 59% stock increase this year after a slower start. Its market cap is now $428 billion, making it one of the world’s largest publicly traded companies. Analysts are bullish on ASML, with JPMorgan raising its price target to $1,275.
ASML’s EUV technology gives it a competitive edge, with mirrors allowing for smaller chip components. Revenue for the quarter was 7.51 billion euros, with a 51.6% profit margin. ASML’s guidance for Q4 sales is between 9.2 billion euros and 9.8 billion euros, with projected total net sales 15% higher than 2024.
Analysts are optimistic about ASML, with price targets raised by JPMorgan and Morgan Stanley. ASML is seen as a top pick in the semiconductor capital equipment segment. With its stock price over $1,100 per share, ASML is considered a strong buy and a potential candidate for a stock split in 2026.
Consider investing in ASML, a company with a wide competitive moat. While ASML wasn’t on the recent list of 10 best stocks from Motley Fool Stock Advisor, past picks like Netflix and Nvidia have seen significant returns. Stock Advisor has a total average return of 991%, outperforming the S&P 500. Don’t miss out on potential gains with ASML.
Read more at Nasdaq: Up 59%, Should You Buy ASML Right Now?
