ASML Holding N.V. (NASDAQ:ASML) is upgraded to “Buy” with €790 price target by New Street Research, citing strong positioning for 2026 and potential to outpace peers in semiconductor capital equipment space. Consensus estimates of 2% growth considered “conservative.” Firm notes ASML’s benefit from higher growth in leading-edge WFE spending and limited China risk. Normal order intake in quarter 3 expected to ease concerns around growth for 2026.

ASML Holding N.V. (NASDAQ:ASML) develops and sells advanced semiconductor equipment, including lithography, metrology, and inspection systems for chip manufacturing. Uncertainty remains on wafer fab equipment spending, with potential broader pullback next year. ASML noted as investment opportunity, but some AI stocks offer greater upside potential and less downside risk. Explore free report on the best short-term AI stock for more insights.

Read more at Yahoo Finance: Limited China Risk, Leading-Edge Exposure Could Drive Outperformance