ASML

ASML

Market cap $585B

ASML is rated Buy with a $1,680 target, driven by robust AI-fueled semiconductor equipment demand and a dominant EUV lithography position. Strong order pipeline from memory and logic chipmakers is expected to keep ASML at full capacity through 2027, with EUV sales surpassing 50% of the mix post-2026. ASML's financials remain resilient: guided gross margin of 51–53% in 2026, high sales visibility, and accelerating earnings growth as product mix shifts to higher-margin EUV systems.

The group, which counts TSMC, Samsung and Intel among its clients, raised its sales guidance as chip makers continue to plow billions into its semiconductor-making machines.

European stocks are expected to open in mixed territory on Wednesday as regional traders assess the trajectory of the U.S.-Iran war.

ASML is often seen as a bellwether for chip demand as it makes the tools required to manufacture the most advanced semiconductors. The Dutch chip giant is facing headwinds in China due to export restrictions.

ASML raised its 2026 revenue ​outlook on Wednesday as ‌demand for artificial intelligence chipmaking tools continues ​to rise.

ASML reports €8.8 billion total net sales and €2.8 billion net income in Q1 2026 ASML now expects 2026 total net sales to be between €36 billion and €40 billion, with a gross margin between 51% and 53%

ASML Holding's earnings will offer a read on AI-driven chip demand, memory spending, and China exposure as investors look for the next leg of semiconductor growth.

ASML reported solid 4Q25 results and record bookings due to strong AI demand for DRAM and advanced logic, and FY2026 guidance is above consensus. Adyen reported December quarter results slightly below consensus expectations, with net revenue growing 19% y/y. For the Baird Chautauqua International Growth Fund, 60% of companies that reported earnings during the quarter were in line with or exceeded consensus estimates.

Investors in , Europe's most valuable listed company, are betting the chip-equipment maker can raise financial forecasts when it reports ‌first-quarter earnings on Wednesday, as demand for artificial intelligence chips keeps orders for its machines running flat out.

ASML (ASML) is set to post earnings Wednesday morning, with traders anticipating the stock could reach a record high following the results.