ASML (NASDAQ:ASML) Releases 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 (EPS) 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 during the quarter, compared to analyst estimates of $10.23 billion. During the same quarter in the prior year, the firm posted $5.90 EPS. ASML’s revenue was up 21.2% compared to the same quarter last year.

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 Stock Performance

Shares of ASML stock traded up $10.60 during midday trading on Wednesday, hitting $1,786.24. The company had a trading volume of 1,103,063 shares, compared to its average volume of 1,873,594. The business’s 50 day simple moving average is $1,718.08 and its two-hundred day simple moving average is $1,488.36. The stock has a market cap of $702.49 billion, a PE ratio of 63.96, a P/E/G ratio of 1.31 and a beta of 1.78. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.36 and a quick ratio of 0.78. ASML has a 1-year low of $683.48 and a 1-year high of $1,999.96.

Analyst Ratings Changes

Several research analysts have commented on ASML shares. Wall Street Zen cut shares of ASML from a “buy” rating to a “hold” rating in a report on Sunday, May 3rd. DZ Bank reiterated a “neutral” rating on shares of ASML in a report on Wednesday, April 15th. Wells Fargo & Company raised their target price on shares of ASML from $1,750.00 to $2,200.00 and gave the stock an “overweight” rating in a report on Monday, June 22nd. Bank of America raised their target price on shares of ASML from $2,268.00 to $2,345.00 and gave the stock a “buy” rating in a report on Monday, June 22nd. Finally, Jefferies Financial Group reiterated a “neutral” rating on shares of ASML in a report on Monday, June 1st. Three investment analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, six have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $1,891.63.

Institutional Investors Weigh In On ASML

A number of institutional investors have recently bought and sold shares of ASML. Resources Management Corp CT ADV boosted its stake in ASML by 1,150.0% during the fourth quarter. Resources Management Corp CT ADV now owns 25 shares of the semiconductor company’s stock worth $27,000 after buying an additional 23 shares in the last quarter. Binnacle Investments Inc boosted its stake in shares of ASML by 78.9% in the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 15 shares in the last quarter. Jessup Wealth Management Inc acquired a new stake in shares of ASML in the 4th quarter valued at $30,000. WFA of San Diego LLC acquired a new stake in shares of ASML in the 4th quarter valued at $32,000. Finally, Wealth Watch Advisors INC acquired a new stake in shares of ASML in the 3rd quarter valued at $34,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

Key Stories Impacting ASML

Here are the key news stories impacting ASML this week:

• Positive Sentiment: ASML beat second-quarter expectations, reporting €9.3 billion in sales and €2.9 billion in net income, with EPS of $8.65 versus $7.93 expected and revenue above estimates. Reuters: ASML tops Q2 estimates on AI chip demand
• Positive Sentiment: The company raised its 2026 sales forecast for the second time this year to €43 billion-€45 billion, up from a prior €36 billion-€40 billion range, and lifted its gross margin outlook to 54%-56%. CNBC: ASML hikes sales forecast for second time this year on strong AI chip demand
• Positive Sentiment: Management said customers are accelerating expansion plans, and ASML highlighted capacity growth to meet demand, including upgrades tied to AI chip production. Invezz: ASML stock jumps after 2026 outlook raise as AI demand drives capacity expansion
• Positive Sentiment: Intel said it is using ASML’s High NA EUV technology for a subset of its Panther Lake processors, a further sign that ASML’s newest tools are gaining traction with major customers. GlobeNewswire: High NA EUV reaches new readiness milestone
• Neutral Sentiment: Broader market coverage notes ASML’s results are helping lift semiconductor shares and may be a “tone-setting” event for the chip equipment sector. Investopedia: 5 Things to Know Before the Stock Market Opens on Wednesday
• Negative Sentiment: Investors are still watching for China-related export restrictions and other geopolitical risks that could limit sales of ASML’s chipmaking tools over time. Reuters: Chip toolmaker ASML expected to shine light on capacity and China challenges

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.