ASML cuts sales forecasts in Q3 earnings published early; shares plummet

ASML Holding NV (ASML:NA) (ASML) PT Lowered to EUR750 at Cantor Fitzgerald, Removed from Top Pick List

Cantor Fitzgerald analyst C.J. Muse lowered the price target on ASML Holding NV (ASML:NA) (NASDAQ: ASML) to EUR750.00 (from EUR1,000.00) while maintaining a Overweight rating.

The analyst comments "This Q was obviously a disaster given order weakness and cut to the companys CY25 outlook (as discussed in our prior 2 post-earnings notes here and here). So with the stock already having traded off 20%+ since the errant press release, the major question is where does the stock bottom and what drives the stock from here?... More

BofA Securities Reiterates Buy Rating on ASML Inc. (ASML), PT $939, '2025 guide more realistic than meets the eye'

BofA Securities analyst Didier Scemama reiterated a Buy rating and $939.00 price target on ASML Inc. (NASDAQ: ASML).

The analyst comments "We would highlight a few positive elements: (A) ASMLs China 25E revenue guide assumes a normalisation of demand and the negative impact of additional export control restrictions. This implies China... More

BofA Securities Reiterates Buy Rating on ASML Holding NV (ASML:NA) (ASML), 'A few reasons to be optimistic'

BofA Securities analyst Didier Scemama reiterated a Buy rating and EUR870.00 price target on ASML Holding NV (ASML:NA) (NASDAQ: ASML).

The analyst comments "A few reasons to be optimistic; Reiterate Buy and 870 PO We have slightly raised our CY25/26E EPS (3%) reflecting higher IBM revenues. Our PO remains at 870/US$939 on 23x CY26E EV/EBITDA (down from 24x prior on lower sector multiples), within its historical range of 17.5x to 35x. We reiterate our Buy rating. 2025 - a bridge (not) too far? We would highlight a few... More

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

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

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.

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

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)

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)

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

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