Bank of America (BofA) has revised its price target for ASML (ASML, Financial), bringing it down to EUR 759 from EUR 859, although it maintains a Buy rating for the company. This adjustment comes as a response to uncertainties in the current tariff landscape, which could present challenges for the broader economic environment.
Despite these potential tariff issues, ASML has not observed any decline in demand or delays in customer orders. However, the company has adjusted its gross margin forecasts, now projecting a range of 50% to 53% for the second quarter. This reflects the potential impact of an unstable macroeconomic climate.
While responding to these external pressures, BofA has made only slight adjustments to its earnings forecasts for ASML after reviewing its latest quarterly performance. The investment firm continues to see value in the semiconductor machinery manufacturer, even amidst potential headwinds.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 12 analysts, the average target price for ASML Holding NV (ASML, Financial) is $932.71 with a high estimate of $1,133.59 and a low estimate of $715.19. The average target implies an upside of 46.85% from the current price of $635.13. More detailed estimate data can be found on the ASML Holding NV (ASML) Forecast page.
Based on the consensus recommendation from 15 brokerage firms, ASML Holding NV's (ASML, Financial) average brokerage recommendation is currently 1.8, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for ASML Holding NV (ASML, Financial) in one year is $1022.86, suggesting a upside of 61.05% from the current price of $635.125. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the ASML Holding NV (ASML) Summary page.
