ASML (NASDAQ:ASML) Sets New 1-Year High – Still a Buy?

ASML Holding N.V. (NASDAQ:ASML) shares hit a new 52-week high during trading on Thursday . The stock traded as high as $1,392.58 and last traded at $1,391.5420, with a volume of 143847 shares. The stock had previously closed at $1,360.09.

Key Stories Impacting ASML

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Dholera semiconductor park in India is expected to deploy ASML lithography tools, signaling potential new long?term order flow and market expansion in a priority semiconductor jurisdiction. This is a direct commercial growth catalyst if export approvals and supply arrangements proceed. Dholera Semiconductor Plant to Employ ASML Lithographic Tools for Advanced Chip Production Dholera Semiconductor Plant To Use ASML Equipment For Chip Production: Vaishnaw India’s Semiconductor Leap: ASML’s Role in Dholera’s Chip Manufacturing
• Positive Sentiment: Major brokerages (Berenberg, JPMorgan, UBS) have recently reaffirmed buy ratings on ASML, supporting demand-side sentiment and signalling continued analyst conviction in ASML’s structural position in lithography markets. These ratings can sustain investor interest despite recent rallies. ASML receives a buy rating from Berenberg ASML buy rating from JP Morgan UBS Group Reaffirms Buy Rating for ASML
• Neutral Sentiment: Industry writeups highlight ASML’s dominant position in high?end lithography and its long runway (including high?NA EUV), which underpins long?term demand but may already be priced in after a strong rally—meaning limited near?term upside in some analyst forecasts. Which Semiconductor Equipment Stock Has More Upside in 2026?
• Neutral Sentiment: Short?term market commentary notes recent outperformance and reiterates that analyst ratings drive intraday flows — useful for trading context but not a standalone fundamental catalyst. ASML Outperforms Broader Market Is It Worth Investing in ASML Based on Wall Street’s Bullish Views?
• Negative Sentiment: Analyst downgrades and valuation concerns: Grupo Santander cut ASML to “underperform,” and a Seeking Alpha Q4 preview downgraded its recommendation citing stretched multiples after a large rally; high forward P/E and limited near?term upside raise downside risk if growth disappoints. Grupo Santander Downgrades ASML Holding to Underperform ASML Q4 Preview: AI Momentum Beats Rich Valuation (Rating Downgrade)
• Negative Sentiment: Local operational/PR issue: neighbors in Wilton are opposing a rezoning request tied to ASML’s property for emergency access, a small reputational/operational drag that could slow some facility work or require community concessions. ‘An open door’: Wilton neighbors wary of ASML’s plan to rezone home for emergency access

Analyst Upgrades and Downgrades

ASML has been the subject of a number of research reports. UBS Group reaffirmed a “buy” rating on shares of ASML in a report on Tuesday. Sanford C. Bernstein raised their price target on shares of ASML from $1,528.00 to $1,642.00 and gave the stock an “outperform” rating in a research report on Thursday. Santander downgraded shares of ASML from a “neutral” rating to an “underperform” rating in a research report on Thursday. Barclays reiterated a “neutral” rating on shares of ASML in a research note on Wednesday, January 14th. Finally, New Street Research restated a “neutral” rating on shares of ASML in a research note on Monday, October 6th. Three research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $1,407.00.

ASML Stock Performance

The company has a current ratio of 1.31, a quick ratio of 0.70 and a debt-to-equity ratio of 0.14. The company’s 50-day moving average is $1,135.52 and its two-hundred day moving average is $961.65. The stock has a market capitalization of $546.28 billion, a P/E ratio of 56.53, a P/E/G ratio of 1.90 and a beta of 1.86.

Institutional Trading of ASML

Several hedge funds have recently added to or reduced their stakes in the business. Manning & Napier Advisors LLC acquired a new stake in ASML in the third quarter worth about $25,000. City Holding Co. acquired a new position in ASML during the 3rd quarter valued at about $26,000. Princeton Global Asset Management LLC raised its position in shares of ASML by 153.8% during the 2nd quarter. Princeton Global Asset Management LLC now owns 33 shares of the semiconductor company’s stock worth $26,000 after buying an additional 20 shares in the last quarter. Binnacle Investments Inc lifted 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 worth $27,000 after acquiring an additional 15 shares during the period. Finally, JPL Wealth Management LLC bought a new position in shares of ASML in the third quarter valued at approximately $34,000. Institutional investors own 26.07% of the company’s stock.

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.