ASML (NASDAQ:ASML) Stock Price Down 1.9% – What’s Next?

ASML Holding N.V. (NASDAQ:ASML)’s stock price fell 1.9% during mid-day trading on Thursday. The stock traded as low as $1,763.23 and last traded at $1,769.79. Approximately 1,923,992 shares traded hands during mid-day trading, an increase of 10% from the average daily volume of 1,755,469 shares. The stock had previously closed at $1,804.96.

Key Stories Impacting ASML

Here are the key news stories impacting ASML this week:

• Positive Sentiment: ASML’s EUV capacity is reportedly fully booked through 2027, underscoring its critical position in advanced chip manufacturing and continued demand from AI-related customers. Investors are looking for potential commitments to expand EUV capacity for 2028. Why ASML’s Capacity Is Fully Booked Through 2027
• Positive Sentiment: Analysts expect strong third-quarter results, potentially including sales growth of about 53% year over year, gross-margin expansion and an improved fourth-quarter outlook. Robust bookings from TSMC, Samsung and Intel could also support the company’s backlog. ASML Poised for Q3 Upside on Strong EUV Demand
• Positive Sentiment: JPMorgan said ASML may signal stronger-than-expected 2027 demand, potentially easing concerns that the stock’s valuation does not fully reflect its long-term growth outlook. ASML Could Signal Stronger-Than-Expected 2027 Outlook
• Neutral Sentiment: ASML’s approximately $1.3 billion investment in French AI company Mistral gives it an roughly 11% stake and a board committee seat tied to chip-design collaboration. The deal could strengthen ASML’s AI ecosystem position, but investors are assessing whether it justifies the added capital and strategic risk. ASML Holding Tests Its Valuation as the Mistral Deal Reshapes the Story
• Negative Sentiment: High-NA EUV adoption is raising execution stakes, while investor expectations are already high after a substantial rally. Any cautious guidance, delays in capacity expansion or weaker evidence of 2027–2028 demand could pressure the shares. ASML Stock Slips as High-NA Mask Shift Raises Execution Stakes
• Negative Sentiment: Concerns about the pace of AI infrastructure spending, Chinese competition in DUV systems and export controls remain overhangs. These risks are particularly important because ASML trades at a premium valuation and must validate its backloaded delivery ramp and full-year sales guidance. ASML Buy Before Earnings as the Growth Runway Extends

Analysts Set New Price Targets

A number of analysts have issued reports on ASML shares. Wells Fargo & Company raised their target price on ASML from $2,200.00 to $2,500.00 and gave the company an “overweight” rating in a report on Thursday, July 16th. Jefferies Financial Group reiterated a “neutral” rating on shares of ASML in a report on Wednesday, September 30th. DZ Bank raised ASML from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 16th. Barclays restated an “overweight” rating on shares of ASML in a research note on Thursday, July 16th. Finally, Citigroup reiterated a “buy” rating on shares of ASML in a research note on Friday, July 17th. Three analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating, three have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $1,981.44.

ASML Price Performance

The stock has a market cap of $696.02 billion, a price-to-earnings ratio of 55.07, a price-to-earnings-growth ratio of 0.93 and a beta of 1.77. The company has a quick ratio of 0.80, a current ratio of 1.33 and a debt-to-equity ratio of 0.09. The company’s 50-day moving average is $1,734.94 and its 200-day moving average is $1,655.28.

ASML (NASDAQ:ASML) last issued its earnings results on Sunday, June 28th. The semiconductor company reported $8.65 EPS for the quarter. ASML had a net margin of 30.11% and a return on equity of 52.71%. The company had revenue of $10.62 billion for the quarter. Equities research analysts expect that ASML Holding N.V. will post 43.86 earnings per share for the current fiscal year.

ASML Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, August 5th. Investors of record on Tuesday, July 28th were issued a dividend of $2.1507 per share. The ex-dividend date of this dividend was Tuesday, July 28th. This represents a $8.60 annualized dividend and a yield of 0.5%. This is a decrease from ASML’s previous quarterly dividend of $3.1771. ASML’s payout ratio is 22.62%.

Institutional Trading of ASML

Several large investors have recently added to or reduced their stakes in ASML. Van ECK Associates Corp boosted its holdings in shares of ASML by 31.7% in the 2nd quarter. Van ECK Associates Corp now owns 2,459,420 shares of the semiconductor company’s stock worth $4,892,869,000 after acquiring an additional 592,125 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in ASML by 6.3% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,641,565 shares of the semiconductor company’s stock valued at $2,168,227,000 after purchasing an additional 96,860 shares in the last quarter. Bank of America Corp DE increased its holdings in ASML by 1.2% during the 1st quarter. Bank of America Corp DE now owns 1,560,256 shares of the semiconductor company’s stock valued at $2,060,833,000 after purchasing an additional 19,051 shares in the last quarter. BlackRock Inc. raised its position in ASML by 4.9% in the 2nd quarter. BlackRock Inc. now owns 1,282,190 shares of the semiconductor company’s stock valued at $2,550,840,000 after purchasing an additional 59,888 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its position in ASML by 1.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,033,583 shares of the semiconductor company’s stock valued at $1,364,963,000 after purchasing an additional 18,768 shares during the last quarter. 26.07% of the stock is owned by institutional investors.

About ASML

ASML Holding N.V. is a Netherlands-based technology company that develops and manufactures advanced lithography systems used by semiconductor manufacturers to produce integrated circuits. Its equipment projects patterns onto silicon wafers, enabling the creation of increasingly smaller and more powerful semiconductor features.

ASML’s product portfolio includes extreme ultraviolet (EUV) lithography systems, deep ultraviolet (DUV) lithography systems, and related metrology and inspection solutions.