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

ASML (NASDAQ:ASML) announced its quarterly earnings results on Wednesday. The semiconductor company reported $8.65 earnings per share for the quarter, beating the consensus estimate 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 company had revenue of $10.64 billion during the quarter, compared to the consensus estimate 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 Stock Performance

ASML opened at $1,775.64 on Wednesday. The company’s 50 day moving average is $1,718.08 and its 200 day moving average is $1,488.36. 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 company has a market cap of $698.32 billion, a price-to-earnings ratio of 63.69, a PEG ratio of 1.31 and a beta of 1.78. ASML has a 12-month low of $683.48 and a 12-month high of $1,999.96.

Wall Street Analyst Weigh In

A number of analysts have commented on ASML shares. Freedom Capital raised ASML from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 16th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of ASML in a research report on Friday. Royal Bank Of Canada lifted their price objective on ASML from $1,700.00 to $2,000.00 and gave the stock an “outperform” rating in a report on Tuesday. UBS Group reissued a “buy” rating on shares of ASML in a research report on Wednesday, July 1st. Finally, Berenberg Bank reaffirmed a “buy” rating on shares of ASML in a report on Friday, May 8th. Three research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, six have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, ASML currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,891.62.

Key Stories Impacting 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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Resources Management Corp CT ADV grew its holdings 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 valued at $27,000 after purchasing an additional 23 shares during the period. Jessup Wealth Management Inc purchased a new position in shares of ASML during the 4th quarter valued at about $30,000. WFA of San Diego LLC purchased a new position in shares of ASML during the 4th quarter valued at about $32,000. Triumph Capital Management grew its stake in shares of ASML by 93.8% during the 4th quarter. Triumph Capital Management now owns 31 shares of the semiconductor company’s stock valued at $34,000 after acquiring an additional 15 shares during the period. Finally, Binnacle Investments Inc grew its stake in shares of ASML by 78.9% during the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 15 shares during the period. Hedge funds and other institutional investors own 26.07% of the company’s stock.

About ASML

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.