Analysts Raise ASML Holding Price Target to $2,363.52 Signalling Upside
Analysts covering ASML Holding NV (EURONEXT:ASML) updated their average 12-month price target for the stock to $2,363.52, up from $2,339.31. The revised target is based on forecasts from 14 analysts, whose price projections range from $1,628.31 to $2,915.00 per share. Based on the October 13 closing price, the new consensus figure represents a potential gain of approximately 38%.
Wall Street consensus remains predominantly positive on the semiconductor equipment provider. Across 44 covering analysts, 38 rate the stock as a buy, 5 assign a hold rating, and 1 recommends a sell. Shares of the company were trading up 1.70% at 1,535 EUR today.
Market participants will be tracking upcoming earnings reports and semiconductor industry demand to see if operational growth aligns with the analyst price targets.
Key points
- Analysts raised the average 12-month price target for ASML Holding NV to $2,363.52, up from $2,339.31.
- The updated average price target implies approximately 38% upside potential from the October 13 closing price.
- Individual analyst price targets range between $1,628.31 and $2,915.00 per share.
- Overall analyst sentiment remains positive, with 38 buy ratings out of 44 covering analysts.
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What is the new average price target for ASML stock?
Analysts raised the average 12-month price target for ASML Holding NV to $2,363.52, up from $2,339.31, with individual estimates ranging from $1,628.31 to $2,915.00 per share.
How much upside do analysts project for ASML?
The updated average price target suggests roughly 38% potential upside based on the stock's closing price on October 13.
What is the consensus analyst rating for ASML?
The overall consensus rating is Buy, with 38 analysts rating the stock a Buy, 5 recommending a Hold, and 1 giving a Sell rating out of 44 covering analysts.