ASML’s update ‘very confusing, overall disappointing,’ says Cantor Fitzgerald

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.