ASML Holding N.V. - New York Re (ASML) Stock Price & How to Invest

ASML Holding designs and manufactures lithography machines, the equipment semiconductor fabs use to print circuit patterns onto silicon wafers. The company is a monopoly in extreme ultraviolet (EUV) lithography, the technology required to make leading-edge chips below the 7nm node. There is no other company in the world that produces EUV systems, which means every advanced chip manufacturer (TSMC, Samsung, Intel, SK Hynix) is an ASML customer.

ASML also produces older deep ultraviolet (DUV) lithography systems that are still used for trailing-edge nodes, plus metrology and inspection equipment. Founded in 1984 as a Philips spinoff, headquartered in Veldhoven, Netherlands. Christophe Fouquet has been CEO since 2024. Each EUV machine sells for over $200 million; the next-generation High-NA EUV systems sell for around $400 million.

2026 has been a breakout year. Third-quarter net sales reached a record of about EUR 11.7 billion, up roughly 55% from a year earlier, with net income of about EUR 5.0 billion, EPS of EUR 11.82 against a EUR 10.76 consensus, and gross margin of 57.5%. Installed Base Management (service and upgrades) contributed about EUR 3.3 billion, ahead of guidance, and management raised its full-year gross margin outlook to about 56% while adding capacity again because customers indicate 2027 to 2028 output will fall short of their plans. Trailing revenue is now about EUR 39.5 billion with a 44% operating margin and about EUR 10.4 billion of free cash flow. Analysts expect about EUR 44.4 billion of 2026 revenue and EUR 57.2 billion in 2027. The shares, worth about $640 billion, are up about 43% this year and 63.5% over twelve months, though they have pulled back from a 52-week high near $2,000 and fell in the days after the October 14 report during a wider AI chip selloff.

Geopolitical export restrictions could expand and cut more China revenue, which is still about 20% of 2026 sales. The semiconductor capex cycle eventually turns down; even an EUV monopoly can't escape the broader cycle, and after a 63% one-year gain the stock is priced for sustained growth, at about 41x trailing and 27x forward earnings on Yahoo Finance's figures. Capacity is a constraint as well as a signal: if ASML cannot ship as fast as customers want, revenue timing can slip. Sentiment around AI spending can move the shares sharply regardless of results, as the selloff after the October 14 report showed.

17 analysts publish price targets on ASML, averaging $2155.08 against a $1641.52 price as of October 2026, or +31.3%. The published targets run from $869.65 to $2889.53, a wide spread, and the ratings split 38 buy, 2 hold, 1 sell. Over the last six months there have been 8 raises and 1 cut among the published actions. A price target is what an analyst published on a date, not a prediction, and sell-side ratings skew positive across the whole market.

Read the full ASML forecast and price target for the target table, the recent rating actions by firm, and how the consensus has shifted.

We give no verdict on ASML Holding N.V. - New York Re. Both cases are real, which is why the question is contested at all, so here is the strongest version of each.

The case for buying. High-NA EUV ramp. The next-generation High-NA EUV systems (EXE series) are shipping to Intel, TSMC, and Samsung for the 2nm and 1.6nm process nodes and beyond. The most optimistic published target, $2889.53, assumes this works close to its best case.

The case against. Geopolitical export restrictions could expand and cut more China revenue, which is still about 20% of 2026 sales. The most pessimistic target, $869.65, is roughly what ASML is worth if this bites instead.

Read the full bull and bear case on ASML, including what would have to change to break either one. Walnut is not an investment adviser.

No. ASML Holding N.V. - New York Re (ASML) has not split its stock in the last 10 years. That is a statement about the window we check rather than about the company’s entire history, so an older split is possible. It also matters less than it once did: fractional shares mean a high price per share no longer keeps smaller investors out, which removed most of the practical reason to split.

A simple financial snapshot. These are approximations and refresh quarterly; for current figures see ASML Holding N.V. - New York Re's investor relations page or your broker.

• Revenue (TTM): ~EUR 39.5 billion; Q3 2026 ~EUR 11.7 billion, up ~55%
• Q3 2026 EPS: EUR 11.82 vs ~EUR 10.76 consensus
• Margins: 57.5% gross in Q3 2026; ~44% operating, ~34% net (TTM)
• Net income (TTM): ~EUR 13.5 billion
• Free cash flow (TTM): ~EUR 10.4 billion
• Market cap: ~$640 billion at ~$1,667 per share (Oct 16, 2026)
• P/E: ~41x trailing, ~27x forward (Yahoo)
• Dividend yield: ~0.55%
• 2027 outlook signal: Capacity being raised; customers see 2027-2028 supply short of plans

ASML's premium valuation reflects its EUV monopoly position, and 2026 earnings growth has been fast enough that the forward multiple (about 27x) is well below the trailing one. Consensus for the fourth quarter is about EUR 14.8 billion of revenue and EUR 15.39 of EPS, and the mean analyst target of about $2,156 across 17 analysts sits above the current price. The premium compresses if semiconductor capex cycles down materially.

If you want ASML exposure as part of a larger bundle rather than directly, these ETFs hold it meaningfully. Weights are approximate and refresh quarterly.

These are the investment theses ASML naturally fits into. Each links to a full theme guide listing every other stock that belongs and the ETFs commonly used as a passive proxy.

Other names that sit close to ASML: same theme, named as a direct competitor, or held beside it in the same funds. Each entry says which. Worth a look if you are thinking about diversification within a thesis rather than concentration on one ticker.

There are three common ways to get ASML exposure. Buy shares (or fractional shares) directly at any major broker. Hold an ETF that includes it (IEFA, EFA, VXUS), which spreads the position across many companies. Or build it into a focused thematic portfolio, so ASML sits alongside other stocks that express the same thesis.

Walnut takes the portfolio route. Describe a thesis where ASML fits (for example “AI infrastructure” or “dividend-growth large-caps”) and the AI proposes 5 to 6 constituents with target weights. You review the plan and fund it through your own broker when you're ready.

New to this? Start with how to invest in stocks, see how to analyze a stock with AI, or compare the best AI stock analyzers.

ASML Holding (ASML) owns an essentially insurmountable EUV monopoly and multi-year order visibility, with customers now signaling that 2027-2028 lithography supply will fall short of their plans. In a portfolio it behaves as a premium, lower-substitution-risk semiconductor-equipment anchor that captures AI-driven fab capex one step upstream of NVIDIA, though the multiple compresses in a capex downcycle and revenue is exposed to export policy on China.

Whether ASML is worth buying today depends more on your time horizon and what you already hold than on any single call. We walk through valuation, what would have to go right, and the risks in is ASML a buy or a sell?, and where the stock could go from here in the ASML stock forecast.

For income investors, whether ASML pays a dividend and how the payout looks is covered in does ASML pay a dividend? And to weigh ASML against a peer, read the full side-by-side comparisons: ASML vs NVDA and ASML vs AMD.