BofA raised the firm’s price target on ASML (ASML) to EUR 986 from EUR 941 and keeps a Buy rating on the shares. The firm, which thinks Q3 results address “key concerns,” raised its calendar year 2025 and 2026 EPS estimates by 2.8% and 5.5%, respectively, on higher gross margins, lower operating expenses and higher EUV deliveries in 2026.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ASML:
- Powell’s Rate Cut Fever Drowns Out Trump’s Trade Threats as Wall Street Bets on Relief
- Options Volatility and Implied Earnings Moves Today, October 15, 2025
- ASML Reports Strong Q3 2025 Results with Positive Outlook
- ASML Holding NV: Strong Q3 Performance and Promising Outlook Reinforce Buy Rating
- ASML Holding NV: Strong Bookings and Optimistic Guidance Drive Buy Rating Despite Q3 Sales Underperformance