ASML Holdings (ASML) option IV as share price up 3% into quarter results and outlook

ASML Inc. (ASML) PT Lowered to $1,148 at JPMorgan, 'The key debate from here is how much the co. can grow'

October 16, 2024 4:10 PM EDT

JPMorgan analyst Sandeep Deshpande lowered the price target on ASML Inc. (NASDAQ: ASML) to $1,148.00 (from $1,207.00) while maintaining a Overweight rating.

The analyst comments "The key debate from here is how much the co. can grow in 26: Now that the co. has guided 25 (and ASML rarely misses a guided... More

ASML Inc. (ASML) PT Lowered to $900 at Raymond James

October 16, 2024 3:35 PM EDT

Raymond James analyst Srini Pajjuri lowered the price target on ASML Inc. (NASDAQ: ASML) to $900.00 (from $1,100.00) while maintaining a Strong Buy rating.

... More

Morgan Stanley Reiterates Equalweight Rating on ASML Holding NV (ASML:NA) (ASML)

October 15, 2024 12:57 PM EDT

Morgan Stanley analyst Lee Simpson reiterated an Equalweight rating and EUR800.00 price target on ASML Holding NV (ASML:NA) (NASDAQ: ASML).

The analyst comments "First Take: An earlier than expected release has outlined a more difficult spend environment than many had expected. Key has been the cut to FY25 guide and the weak order book report. Our early take is that Intel may have been key in the slowing EUV demand, with ASML talking to... More

Stifel Reiterates Hold Rating on ASML Holding NV (ASML:NA) (ASML)

October 15, 2024 12:32 PM EDT

Stifel analyst Juergen Wagner reiterated a Hold rating and EUR850.00 price target on ASML Holding NV (ASML:NA) (NASDAQ: ASML).

The analyst comments "(-) Q3 orders decrease sharply: ASML reported Q3-24 results above consensus (see Chart 1). The focal point is the order intake of 2.6bn, which was 53% below Q2-24's 5.6bn. Included are only... More

Wolfe Research Reiterates Outperform Rating on ASML Holding NV (ASML:NA) (ASML)

October 15, 2024 12:05 PM EDT

Wolfe Research analyst Chris Caso reiterated an Outperform rating and EUR1,050.00 price target on ASML Holding NV (ASML:NA) (NASDAQ: ASML).

The analyst comments "ASML just released their earnings report in what appears to be an early release ahead of tomorrow's earnings call. Bookings and guidance were well below our expectation, with quarterly bookings of 2.6bn, sharply decelerating from last quarters E5.6bn. As a result, ASML is lowering CY25 guidance from 35-40bn to 30-35bn. While full backlog details have not yet been provided, our math suggests that flat q/q... More

Citi Reiterates Buy Rating on ASML Holding NV (ASML:NA) (ASML), Removes 90-Day Upside Catalyst Watch

October 15, 2024 11:46 AM EDT

Citi analyst Andrew Gardiner reiterated a Buy rating and EUR1,150.00 price target on ASML Holding NV (ASML:NA) (NASDAQ: ASML).

The analyst comments "We remove our Positive Catalyst Watch following the companys miss on 3Q orders and lowering of 2025 guidance.... More

ASML Holdings (ASML) Misses Q3 EPS, Net Bookings Well Short of Estimates

October 15, 2024 10:50 AM EDT

ASML Holdings (NASDAQ: ASML) reported Q3 EPS of EUR5.28, EUR0.12 worse than the analyst estimate of EUR5.40. Revenue for the quarter came in at EUR7.47 billion versus the consensus estimate of EUR7.9 billion.

Q3 total net sales of 7.5 billion, gross margin of 50.8%, net income of 2.1 billionQuarterly net bookings in Q3 of 2.6 billion2 of which 1.4 billion is EUV (estimate was 5.39 billion)ASML expects Q4 2024 total net sales between 8.8 billion and 9.2 billion, and a gross margin between 49% and 50% ASML expects 2024 total net sales of around 28... More

ASML Inc. (ASML) PT Lowered to $1,100 at Raymond James

October 15, 2024 6:37 AM EDT

Raymond James analyst Srini Pajjuri lowered the price target on ASML Inc. (NASDAQ: ASML) to $1,100.00 (from $1,300.00) while maintaining a Strong Buy rating.

The analyst comments "ASML: Lowering price target from $1,300 to $1,100 and reiterating Strong Buy. The key investor debate is regarding near-term quarterly bookings and 2025 outlook as the company needs... More