ASML Stock Rises as Profit Beats Estimates & Demand Extends Into 2030
Photo: Watcher Guru
ASML stock is in focus right now after the Dutch chipmaking tool maker posted third-quarter net profit of 4.96 billion euros , far above the 4.1 billion euros analysts expected. The ASML earnings report also raised the floor of the ASML revenue forecast for 2026, which now sits between 44 billion and 45 billion euros. Some customers also want to book orders for 2029 and 2030, which could reshape the ASML stock forecast and every ASML stock price target.
Source: Watcher Guru
