Cantor Fitzgerald tells investors in a research note that ASML‘s (ASML) report was “very confusing and overall disappointing.” The firm, which has an Overweight rating and EUR 800 price target on the stock, says ASML updated its 2026 outlook from “growth year over year” to “while we still prepare for growth in 2026, we cannot confirm it at this stage,” sending shares lower.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ASML:
- Morning Movers: PNC Financial and Johnson & Johnson higher after Q2 results
- ASML price target lowered to EUR 755 from EUR 797 at BofA
- ASML Holding NV: Strong Order Intake and Financial Performance Justify Buy Rating
- Options Volatility and Implied Earnings Moves Today, July 16, 2025
- ASML Reports Strong Q2 2025 Results with €7.7 Billion in Sales