Bank of America Securities analyst Didier Scemama has maintained their bullish stance on 0QB8 stock, giving a Buy rating today.
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Didier Scemama has given his Buy rating due to a combination of factors, including ASML’s strengthening customer mix and robust order visibility. He notes that sales are increasingly concentrated among leading chipmakers such as TSMC and Samsung, with four key clients now contributing over 60% of total revenue, which underpins volume stability and reflects ASML’s entrenched position in the most advanced lithography nodes.
Scemama also highlights the company’s sizeable contract liabilities and performance obligations, which together imply a substantial, largely locked‑in revenue stream over the next 12 months and a relatively modest order requirement to achieve his 2026 system sales forecasts. Despite acknowledging rising export-control and supply-chain risks, he views the resilience of China-related installed base revenues and strong growth in service and upgrade income, particularly in Taiwan, as evidence that ASML can navigate these challenges, supporting his unchanged price objective and Buy recommendation.
Scemama covers the Technology sector, focusing on stocks such as ASML Holding, Logitech, and STMicroelectronics NV. According to TipRanks, Scemama has an average return of 7.9% and a 50.00% success rate on recommended stocks.
In another report released today, Deutsche Bank also maintained a Buy rating on the stock with a €1,500.00 price target.