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NASDAQ · Netherlands · Semiconductor Equipment & Materials

ASML ASML Holding

Sole EUV lithography supplier

Capacity short of demand CEO: planned 30%/30% capacity growth in 2027/28 'will not allow us to meet our customer demand'. Shares fell on the print anyway.
Last close (delayed) · 2026-10-26
$1,596.8
+1.59% today
1W
−3.0%
1M
−8.4%
3M
+0.9%
YTD
+50.0%
1Y
+55.6%
Off 52w high
−19.6%
Next earnings (est.): 2026-10-14
Market cap$606B
P/E (trailing)38.7Forward 25.0
EV / sales841.1×EV/EBITDA 2052.0×
Revenue (TTM)€39.47BGrowth 55.2% y/y
Margins54.3%gross · op 44.4%
Free cash flow€10.37BCash €12.74B · debt €1.96B
Analyst target$2,143.4+34.2% upside · 17 analysts · strong buy
Riskβ 1.3Short 0.4% of float · yield 0.58%

Fundamentals from public market data, refreshed daily (2026-10-24 02:59 UTC). Figures in reporting currency.

ASML · price with what management and the data said

Supply tighteningBeat / raiseMiss / cutData releaseEasing Hover a numbered marker for details · dashed lines = 50- and 200-day averages

Timeline: management commentary, data & earnings

8 events
  1. 8
    2026-10-14Christophe Fouquet, CEO (Q3 call)Supply tightening

    "30% in 2027, 30% in 2028 will not allow us to meet our customer demand… We have to do more." Record €11.7B sales; ~65 EUV systems shipping in 2026. Source ↗

  2. 7
    2026-07-13EarningsBeat / raise

    Reported EPS 7.58 vs 6.95 expected (+9.1% surprise).

  3. 6
    2026-04-14EarningsBeat / raise

    Reported EPS 7.15 vs 6.62 expected (+8.0% surprise).

  4. 5
    2026-01-27EarningsMiss / cut

    Reported EPS 7.34 vs 7.55 expected (-2.7% surprise).

  5. 4
    2025-10-15EarningsBeat / raise

    Reported EPS 5.49 vs 5.37 expected (+2.1% surprise).

  6. 3
    2025-07-16EarningsBeat / raise

    Reported EPS 5.9 vs 5.25 expected (+12.4% surprise).

  7. 2
    2025-04-16EarningsBeat / raise

    Reported EPS 6 vs 5.79 expected (+3.7% surprise).

  8. 1
    2025-01-29EarningsBeat / raise

    Reported EPS 6.84 vs 6.73 expected (+1.6% surprise).

Earnings history

EPS vs expectations
DateExpected EPSReported EPSSurprise
2026-10-1410.7611.82+9.9%
2026-07-136.957.58+9.1%
2026-04-146.627.15+8.0%
2026-01-277.557.34−2.7%
2025-10-155.375.49+2.1%
2025-07-165.255.9+12.4%
2025-04-165.796.0+3.7%
2025-01-296.736.84+1.6%
2024-10-154.865.28+8.6%
2024-07-173.694.01+8.5%
2024-04-172.793.11+11.6%
2024-01-244.785.2+8.9%
2023-10-184.634.81+3.9%
2023-07-194.614.93+6.9%
2023-04-194.164.95+19.1%
2023-01-254.334.6+6.2%
2022-10-193.464.29+23.9%
2022-07-203.523.54+0.6%
2022-04-201.681.73+2.8%
2022-01-193.763.93+4.6%
2021-10-204.014.26+6.2%
2021-07-212.522.52−0.1%
2021-04-212.613.2+22.6%
2021-01-202.463.23+31.4%

About ASML Holding

Website ↗

ASML Holding N.V. provides lithography solutions for the development, production, marketing, sales, upgrading, and servicing of advanced semiconductor equipment systems. The company offers lithography, metrology, and inspection systems. It also provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography systems solutions to manufacture various range of semiconductor nodes and technologies. In addition, the company offers metrology and inspection systems, including YieldStar optical metrology systems, a diffraction-based wafer metrology platform to assess the quality of patterns on the wafers; and HMI electron beam solutions to locate and analyze individual chip defects. Further, it provides computational lithography solutions, and lithography systems and control software solutions; and refurbishes and upgrades lithog…

44,681 employees · Veldhoven, Netherlands

EUV is a single-vendor tool with a single-vendor optics chain. Mask inspection and photoresist are similarly concentrated in a handful of Japanese firms.

Optics→EUV scanner→Mask + resist→Exposure

What would prove us wrong. Weakens if EUV orders fall for several quarters while leading-node announcements continue — capacity would be adequate.

Peers at the same bottleneck

Who else supplies this

StockRoleLast1D1MYTDTrend
6920.T
Lasertec
EUV mask blank and mask inspection ¥37,580−1.21%−5.5%+27.3%
4186.T
Tokyo Ohka Kogyo
Photoresists for EUV and advanced nodes ¥7,541.0−2.51%−9.0%+30.4%
4063.T
Shin-Etsu Chemical
Silicon wafers and photoresists ¥5,783.0−0.74%−1.7%+20.1%

Not investment advice. Prices delayed and in local currency. Quotes in "double quotes" are verbatim as reported by the linked source; other commentary is our paraphrase. Earnings dates are estimates.