ASML (ASML)

• Market cap: $286B
• 1 day: -1.57%
• 5 days: -6.14%
• 1 month: 1.23%
• 3 months: -16.61%
• 6 months: -31.61%
• Year to date: 3.85%
• 1 year: 2.96%
• 5 years: 141.30%
• 10 years: 603.15%

About: ASML is the leader in photolithography systems used in manufacturing semiconductors. Photolithography is the process in which a light source is used to expose circuit patterns from a photo mask onto a semiconductor wafer. The latest technological advances in this segment allow chipmakers to continually increase the number of transistors on the same area of silicon, with lithography historically representing a high portion of the cost of making cutting-edge chips. ASML outsources the manufacturing of most of its parts, acting like an assembler. ASML's main clients are TSMC, Samsung, and Intel.

Employees: 43,789

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

78% more repeat investments, than reductions

Existing positions increased: 746 | Existing positions reduced: 418

2.48% less ownership

Funds ownership: 21.12% [Q2] → 18.64% (-2.48%) [Q3]

5% less funds holding

Funds holding: 1,578 [Q2] → 1,506 (-72) [Q3]

26% less first-time investments, than exits

New positions opened: 136 | Existing positions closed: 183

28% less capital invested

Capital invested by funds: $85.4B [Q2] → $61.5B (-$23.9B) [Q3]

34% less funds holding in top 10

Funds holding in top 10: 61 [Q2] → 40 (-21) [Q3]

40% less call options, than puts

Call options by funds: $2.03B | Put options by funds: $3.36B

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $767 5% upside
• Avg. target: $925 27% upside
• High target: $1,148 58% upside

3 analyst ratings

• positive: 3 100%
• neutral: 0 0%
• negative: 0 0%

Wells Fargo Joseph Quatrochi 50% 1-year accuracy 11 / 22 met price target	18% upside $860	Overweight Maintained	13 Jan 2025
Bernstein Sara Russo 33% 1-year accuracy 2 / 6 met price target	5% upside $767	Outperform Maintained	29 Nov 2024
JP Morgan Sandeep Deshpande 50% 1-year accuracy 2 / 4 met price target	58% upside $1,148	Overweight Maintained	17 Oct 2024