Hopper58 schreef op 14 maart 2025 08:23:
ASML’s Strong Market Position and Attractive Valuation Drive Buy Rating
Mar 14, 2025, 04:35 AM
ASML’s Strong Market Position and Attractive Valuation Drive Buy Rating
Krish Sankar, an analyst from TD Cowen, maintained the Buy rating on ASML Holding NV (0QB8 – Research Report). The associated price target remains the same with €825.00.
Krish Sankar has given his Buy rating due to a combination of factors including ASML’s leading position in the lithography market, which is crucial for addressing challenges in both foundry and logic sectors, as well as future DRAM scaling. The company’s valuation is appealing, trading at a lower premium compared to its historical averages and peers, making it an attractive investment opportunity.
Additionally, the momentum in bookings for the first half of 2025 is vital for the outlook in 2026, and the long-term structural story for lithography remains strong. The confidence in ASML’s 2025 targets is bolstered by the current EUV bookings, while the integration of EUV layers at customer sites and sustained demand for DUV tools further support the company’s growth prospects. The roadmap for DRAM scaling and high-NA EUV incorporation is seen as a positive development, enhancing ASML’s potential for margin expansion.
Sankar covers the Technology sector, focusing on stocks such as Apple, Lam Research, and Micron. According to TipRanks, Sankar has an average return of 13.5% and a 49.55% success rate on recommended stocks.
In another report released yesterday, Bank of America Securities also reiterated a Buy rating on the stock with a €859.00 price target.
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