ASML (NASDAQ:ASML) Releases Quarterly Earnings Results, Beats Expectations By $0.72 EPS

ASML (NASDAQ:ASML) announced its earnings results on Wednesday. The semiconductor company reported $8.65 earnings per share for the quarter, beating analysts’ consensus estimates of $7.93 by $0.72, FiscalAI reports. ASML had a net margin of 27.65% and a return on equity of 48.69%. The firm had revenue of $10.64 billion for the quarter, compared to analyst estimates of $10.23 billion.

Here are the key takeaways from ASML’s conference call:

• ASML reported a strong Q2 with €9.3 billion in net sales and a 54% gross margin, both above guidance, driven largely by a stronger-than-expected installed base business.
• The company raised full-year 2026 guidance to €43 billion–€45 billion in net sales with a 54%–56% gross margin, and Q3 guidance also implies continued momentum.
• Management said customer demand remains very strong across logic and DRAM, fueled by AI-related capacity additions, accelerated customer CapEx plans, and tighter long-term supply visibility.
• ASML expects substantial growth in key product areas in 2026, including about 45% growth in EUV, 75% growth in memory revenue, and around 25% growth in DUV metrology & inspection.
• Management highlighted strong multi-year demand visibility, noting it is already close to filling 2027 EUV orders and seeing significant 2028 demand, while Intel’s use of High-NA in production was presented as an important technology milestone.

ASML Trading Up 2.9%

ASML stock opened at $1,775.64 on Wednesday. The company has a current ratio of 1.36, a quick ratio of 0.78 and a debt-to-equity ratio of 0.13. The business’s fifty day simple moving average is $1,718.08 and its two-hundred day simple moving average is $1,488.36. ASML has a 12 month low of $683.48 and a 12 month high of $1,999.96. The company has a market capitalization of $698.32 billion, a price-to-earnings ratio of 63.69, a price-to-earnings-growth ratio of 1.31 and a beta of 1.78.

Trending Headlines about ASML

Here are the key news stories impacting ASML this week:

• Positive Sentiment: ASML beat second-quarter expectations, reporting EPS of $8.65 versus $7.93 expected and revenue of $10.64 billion versus $10.23 billion forecast, reinforcing that demand is holding up better than analysts anticipated. Earnings transcript
• Positive Sentiment: The company raised full-year 2026 guidance, now expecting sales of €43 billion to €45 billion and gross margin of 54% to 56%, which suggests stronger profitability and confidence in continued order growth. Press release
• Positive Sentiment: Management said the outlook includes capacity expansion plans for 2027 and 2028, reflecting expectations for sustained demand from AI-related chip spending, including potential needs from Elon Musk’s planned Terafab facility. Reuters article
• Positive Sentiment: Intel’s use of ASML’s High NA EUV technology for Panther Lake chips adds another validation point for ASML’s next-generation systems and supports the long-term growth narrative. High NA EUV milestone article
• Neutral Sentiment: While ASML continues to benefit from AI demand, investors are still watching China exposure and export-control risks, which could limit some future sales and create headline volatility. Reuters China challenges article

Hedge Funds Weigh In On ASML

A number of hedge funds have recently bought and sold shares of the company. Capstone Wealth Management Group LLC increased its holdings in shares of ASML by 5.2% in the 1st quarter. Capstone Wealth Management Group LLC now owns 2,511 shares of the semiconductor company’s stock worth $1,664,000 after purchasing an additional 124 shares in the last quarter. AQR Capital Management LLC boosted its position in shares of ASML by 141.1% during the first quarter. AQR Capital Management LLC now owns 6,871 shares of the semiconductor company’s stock valued at $4,553,000 after buying an additional 4,021 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in ASML by 153.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 17,210 shares of the semiconductor company’s stock worth $11,404,000 after buying an additional 10,411 shares in the last quarter. Sivia Capital Partners LLC increased its holdings in ASML by 1.3% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,168 shares of the semiconductor company’s stock worth $936,000 after buying an additional 15 shares in the last quarter. Finally, NewEdge Advisors LLC raised its position in ASML by 5.2% in the 2nd quarter. NewEdge Advisors LLC now owns 11,383 shares of the semiconductor company’s stock worth $9,122,000 after buying an additional 559 shares during the last quarter. Institutional investors own 26.07% of the company’s stock.

Wall Street Analysts Forecast Growth

ASML has been the topic of several research reports. Barclays reaffirmed a “buy” rating on shares of ASML in a research report on Monday, June 29th. Royal Bank Of Canada lifted their price target on ASML from $1,700.00 to $2,000.00 and gave the company an “outperform” rating in a research report on Tuesday. Wells Fargo & Company increased their price objective on ASML from $1,750.00 to $2,200.00 and gave the stock an “overweight” rating in a report on Monday, June 22nd. Weiss Ratings lowered ASML from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, May 26th. Finally, Sanford C. Bernstein boosted their target price on shares of ASML from $1,971.00 to $2,623.00 and gave the company an “outperform” rating in a report on Monday, July 6th. Three investment analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, six have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, ASML currently has a consensus rating of “Moderate Buy” and an average target price of $1,891.62.

ASML Company Profile

ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.