ASML Holding N.V. (NASDAQ:ASML) is one of the 10 AI Stocks Making Waves on Wall Street. Bernstein SocGen Group analyst raised the price target on the stock to $1,911.00 and maintains an “Outperform” rating. ASML reported strong results, with fourth-quarter 2025 net bookings almost twice Street estimates at €13.2 billion.

Memory drove for 56% of bookings surge, and logic made up 44%. The company’s backlog increased to €38.8 billion. ASML guided revenue of €34-39 billion, with the high end significantly above the consensus estimate of €35 billion. The guidance depends on clean room availability and EUV technology leading growth.

The firm noted that the second half of 2026 will be stronger than the first half, as customer’s ramp internal move rates and complete fab construction. Management reaffirmed 2030 targets of €44–60B revenue, GM 56–60%. Margin guidance of 51–53% is slightly soft due to product mix.

While ASML has potential as an investment, other AI stocks may offer greater upside potential and less downside risk. For an undervalued AI stock that could benefit from Trump-era tariffs and the onshoring trend, see the best short-term AI stock.

Read more at Yahoo Finance: Bernstein Doubles Down on ASML Holding (ASML) as Memory and EUV Momentum Builds