ASML Holding ( (ASML) ) has fallen by -8.94%. Read on to learn why.
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ASML Holding, a leading semiconductor equipment manufacturer, has experienced a significant stock price decline of 8.94% over the past week. This downturn comes despite the company reporting strong second-quarter financial results, with net sales of €7.7 billion and a net income of €2.3 billion. The decline is largely attributed to concerns over ASML’s future growth prospects, particularly for 2026, amid macroeconomic and geopolitical uncertainties, including potential tariff impacts from U.S. policies.
Analysts have expressed mixed sentiments about ASML’s future, with some maintaining a cautious outlook due to the company’s revised growth forecasts. Bernstein analyst David Dai cut the price target for ASML stock from $806 to $743, citing concerns about future growth, while maintaining a ‘Hold’ rating. The company’s CEO, Christophe Fouquet, acknowledged the challenges posed by global economic conditions, which have led to a reassessment of growth expectations for 2026, contrasting with earlier optimistic projections.
Despite the recent stock decline, some analysts see potential buying opportunities. Evercore ISI’s Mark Lipacis maintained an ‘Outperform’ rating, suggesting that the current dip might be a good entry point, given the ongoing demand for AI-related chips. However, ASML’s cautious guidance for the third quarter, with revenue projections below market expectations, and concerns over declining gross margins in the latter half of 2025, continue to weigh on investor sentiment.