ASML Holding NV (ASML) AI Stock Analysis

668 Followers

ASML Holding NV

(Amsterdam:ASML)

Select Model

Rating:76Outperform

Price Target:EUR 1,450.00▲(5.32% Upside)

Action:reiterated

Date:10/15/26

The score is driven primarily by excellent financial performance (best-in-class margins, strong cash generation, and low leverage). Offsetting this are a high valuation (elevated P/E with low dividend yield) and only moderate technicals, with the stock showing near-term softness despite a longer-term uptrend.

Positive Factors

Exceptional profitabilityASML’s exceptional gross and operating margins indicate substantial economic strength in its lithography business. These margins provide room to fund research, customer support, and capacity investment while helping the company remain resilient through normal semiconductor investment cycles.

Negative Factors

Cyclical earnings and cash flowAlthough current profitability and cash generation are excellent, historical swings show that results can vary with customer investment cycles, working capital timing, and delivery patterns. This variability can make future earnings and cash conversion less predictable across the next several quarters.

ASML Holding NV (ASML) vs. iShares MSCI Netherlands ETF (EWN)

Market Cap: EUR 536.23B
Dividend Yield: 0.59%
Average Volume (3M): 607.85K
Price to Earnings (P/E): 39.3
Beta (1Y): 1.80
Revenue Growth: 22.54%
EPS Growth: 44.56%
Country: Netherlands
Employees: 44,681
Sector: General
Sector Strength: 55
Industry: Semiconductors

ASML Holding NV Business Overview & Revenue Model

Company Description

ASML Holding N.V. specializes in the design, manufacturing, sales, and servicing of cutting-edge semiconductor manufacturing equipment. Their product portfolio encompasses sophisticated lithography, metrology, and inspection systems, primarily cateri...

How the Company Makes Money

ASML primarily makes money by selling semiconductor manufacturing equipment—especially lithography systems—and by providing recurring services and upgrades tied to its installed base. 1) System sales (largest revenue driver) - EUV lithography systems...

ASML Holding NV Financial Statement Overview

Summary

Top-tier fundamentals: exceptional profitability (TTM gross margin ~54%, net margin ~34%, EBIT margin ~39%), re-accelerating TTM revenue growth (~12%), low leverage (debt-to-equity ~0.09), and outstanding cash generation (TTM FCF ~€21.1B; ~93% of net income). Main risk is cyclicality/variability in margins and cash flow across years.

Income Statement

93Very Positive

Balance Sheet

90Very Positive

Cash Flow

94Very Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	39.47B	32.67B	28.26B	27.56B	21.17B	18.61B
Gross Profit	21.45B	17.26B	14.08B	13.84B	10.47B	9.65B
EBITDA	16.40B	12.43B	10.11B	10.02B	7.10B	7.23B
Net Income	13.47B	9.61B	7.57B	7.84B	5.62B	5.88B
Balance Sheet
Total Assets	58.98B	50.57B	48.59B	39.96B	36.30B	30.23B
Cash, Cash Equivalents and Short-Term Investments	12.74B	13.32B	12.74B	7.01B	7.38B	7.59B
Total Debt	1.96B	2.71B	4.69B	4.63B	4.26B	4.58B
Total Liabilities	36.92B	30.95B	30.11B	26.51B	27.49B	20.09B
Stockholders Equity	22.06B	19.61B	18.48B	13.45B	8.81B	10.14B
Cash Flow
Free Cash Flow	21.14B	11.08B	9.08B	3.25B	7.22B	9.91B
Operating Cash Flow	22.73B	12.66B	11.17B	5.44B	8.49B	10.85B
Investing Cash Flow	-7.11B	-3.78B	-2.61B	-2.69B	-1.03B	-72.00M
Financing Cash Flow	-12.72B	-8.67B	-2.83B	-3.00B	-7.14B	-9.89B

ASML Holding NV Technical Analysis

Technical Analysis SentimentNeutral

Last Price1376.80

Price Trends

50DMA1476.49Negative

100DMA1500.51Negative

200DMA1394.78Negative

Market Momentum

MACD-41.97Positive

RSI44.91Neutral

STOCH68.93Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NL:ASML, the sentiment is Neutral. The current price of 1376.80 is below the 20-day moving average (MA) of 1409.72, below the 50-day MA of 1476.49, and below the 200-day MA of 1394.78, indicating a bearish trend. The MACD of -41.97 indicates Positive momentum. The RSI at 44.91 is Neutral, neither overbought nor oversold. The STOCH value of 68.93 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for NL:ASML.

ASML Holding NV Risk Analysis

ASML Holding NV disclosed 28 risk factors in its most recent earnings report. ASML Holding NV reported the most risks in the "Tech & Innovation" category.

Tech & Innovation - Risks related to the company’s reliance on technology and ability to make innovative products

Latest Risks Added

0 New Risks

ASML Holding NV Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

NL:ASML against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NL:ASML	76Outperform	EUR 536.23B	39.31	63.91%	0.59%	22.54%	44.56%
NL:ASM	71Outperform	EUR 35.41B	35.48	22.92%	0.45%	13.38%	27.58%
NL:BESI	60Neutral	EUR 12.90B	43.54	55.12%	1.00%	52.92%	94.33%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%

* General Sector Average

Performance Comparison

NL:ASML and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
NL:ASML	ASML Holding NV	1376.80	508.01	58.47%
NL:ASM	Asm International Nv	724.20	217.18	42.83%
NL:BESI	BE Semiconductor Industries NV BESI	158.05	27.47	21.04%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 15, 2026

ASML Holding NV AI Stock Analysis