Wall Street Banks Raise ASML Outlook Citing Strong AI Chip Demand
2026-07-16 11:08

Woofun AI reports that multiple Wall Street investment banks maintain a bullish stance on ASML following the company’s strong financial results and raised guidance. Bernstein retains an 'Outperform' rating with a $2,623 target price, highlighting sustained order momentum in advanced processes, AI accelerators, and high-end fab expansions. Jefferies, UBS, Citigroup, and Cantor also view the guidance positively, suggesting current capacity planning is conservative. Analysts note that if TSMC, Samsung, Intel, and memory makers accelerate capacity securing for 2027-2028 AI demand, ASML’s future order and revenue expectations may face upward revision.

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Bernstein
Jefferies
UBS
Citigroup
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