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Yahoo
17-07-2025
- Business
- Yahoo
ASML Stock: Strong Q2, but 2026 Growth Outlook Underwhelms
ASML Holding N.V. (NASDAQ:ASML) is one of the . ASML reported its second-quarter earnings on Wednesday, July 16th. Investors were hopeful that the chip-making equipment supplier would have bookings robust enough to support its 2026 growth ambitions The company itself said at an investor event last November that it saw 2026 as a growth year. However, it didn't mention how much growth it anticipated. According to several analysts, ASML is having a 'make or break' quarter for the company, which will seemingly determine its course for the rest of the year. 'ASML would need to double our second-quarter order estimates (of 5.3 billion euros) to comfort our 2026 revenue forecast.' -Barclays analyst Simon Coles told Reuters on July 15th. On July 16th, the company reported net sales of 7.7 billion euros ($8.95 billion) in the second quarter, ahead of estimates. Despite beating top and bottom line expectations for the second quarter, the company warned that it may not achieve growth in 2026, explaining that geopolitical uncertainty continues to cloud its prospects. A financial analyst monitoring the growth of an underlying index in the U.S. market. "Looking at 2026, we see that our AI customers' fundamentals remain strong. At the same time, we continue to see increasing uncertainty driven by macro-economic and geopolitical developments. Therefore, while we still prepare for growth in 2026, we cannot confirm it at this stage." ASML Holding N.V. (NASDAQ:ASML) develops and sells advanced semiconductor equipment, including lithography, metrology, and inspection systems for chip manufacturing. While we acknowledge the potential of ASML as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Reuters
16-07-2025
- Business
- Reuters
ASML's 2026 growth outlook hinges on second-quarter bookings
VELDHOVEN, July 15 (Reuters) - Investors are hoping that ASML's ( opens new tab bookings are robust enough to support its 2026 growth ambitions when the world's biggest chip-making equipment supplier reports its second-quarter earnings on Wednesday. The Dutch firm has lost around 30% in market value since peaking one year ago, reflecting investor concern over its growth prospects. At an investor event last November, the maker of the EUV machine - the backbone of AI chipmaking - said it saw 2026 as a growth year but didn't specify how much growth it anticipated. Analysts see the second quarter as a "make or break" period which will determine its outlook for 2026, considering delivery times typically take around 12 months. "ASML would need to double our second-quarter order estimates (of 5.3 billion euros) to comfort our 2026 revenue forecast," Barclays analyst Simon Coles told Reuters. Analysts, on average, expect second-quarter bookings to reach 4.44 billion euros, according to a consensus compiled by researcher Visible Alpha, and 21.3 billion euros for the full-year. Hitting those forecasts depends largely on orders from the world's top contract chipmaker TSMC ( opens new tab, analyst Marc Hesselink of ING said. The company, which is also ASML's top customer, is expected to order the tools it needs for its upcoming manufacturing process, N2, this year. "We see a better-than-expected demand and order from TSMC and China players, but lower-than-expected demand and order from Intel and Samsung," said Kevin Wang, analyst at Mizuho. Positive news on talks with clients over future orders would also offer reassurance that it will meet current market forecasts, said Hesselink. ASML still has a long way to go in 2025 to fulfill booking expectations for its lithography systems, after net bookings, the industry's most closely watched figure, came in at 3.9 billion euro ($4.6 billion) in the first quarter, missing estimates, analysts say. Its earnings will provide a gauge of the resilience of China's chipmakers, which have been buying lower-end ASML equipment not impacted by export restrictions. That demand helped the company beat first-quarter forecasts. Last October, ASML projected Chinese orders would fall to a 20% share of all machine sales in 2025. In fact, they constituted 27% of machine sales, steady from a quarter earlier. Analysts expect that trend to continue unless U.S. export curbs are further extended to apply to the older equipment. ($1 = 0.8552 euros)
Free Malaysia Today
15-07-2025
- Business
- Free Malaysia Today
ASML's 2026 growth outlook hinges on Q2 bookings
ASML has lost around 30% in market value since peaking one year ago, reflecting investor concern over its growth prospects. (EPA Images pic) VELDHOVEN : Investors are hoping that ASML's bookings are robust enough to support its 2026 growth ambitions when the world's biggest chip-making equipment supplier reports its second-quarter (Q2) earnings tomorrow. The Dutch firm has lost around 30% in market value since peaking one year ago, reflecting investor concern over its growth prospects. At an investor event last November, the maker of the EUV machine – the backbone of AI chipmaking – said it saw 2026 as a growth year but didn't specify how much growth it anticipated. Analysts see the Q2 as a 'make or break' period which will determine its outlook for 2026, considering delivery times typically take around 12 months. 'ASML would need to double our Q2 order estimates (of €5.3 billion) to comfort our 2026 revenue forecast,' Barclays analyst Simon Coles told Reuters. Analysts, on average, expect Q2 bookings to reach €4.44 billion, according to a consensus compiled by researcher Visible Alpha, and €21.3 billion for the full year. TSMC, China demand Hitting those forecasts depends largely on orders from the world's top contract chipmaker TSMC, analyst Marc Hesselink of ING said. The company, which is also ASML's top customer, is expected to order the tools it needs for its upcoming manufacturing process, N2, this year. 'We see a better-than-expected demand and order from TSMC and China players, but lower-than-expected demand and order from Intel and Samsung,' said Kevin Wang, analyst at Mizuho. 'Positive news on talks with clients over future orders would also offer reassurance that it will meet current market forecasts,' said Hesselink. ASML still has a long way to go in 2025 to fulfill booking expectations for its lithography systems, after net bookings, the industry's most closely watched figure, came in at €3.9 billion (US$4.6 billion) in the first quarter, missing estimates, analysts said. Its earnings will provide a gauge of the resilience of China's chipmakers, which have been buying lower-end ASML equipment not impacted by export restrictions. That demand helped the company beat first-quarter forecasts. Last October, ASML projected Chinese orders would fall to a 20% share of all machine sales in 2025. In fact, they constituted 27% of machine sales, steady from a quarter earlier. Analysts expect that trend to continue unless US export curbs are further extended to apply to the older equipment.
Time of India
15-07-2025
- Business
- Time of India
ASML's 2026 growth outlook hinges on second-quarter bookings
By Nathan Vifflin VELDHOVEN: Investors are hoping that ASML 's bookings are robust enough to support its 2026 growth ambitions when the world's biggest chip-making equipment supplier reports its second-quarter earnings on Wednesday. The Dutch firm has lost around 30% in market value since peaking one year ago, reflecting investor concern over its growth prospects. At an investor event last November, the maker of the EUV machine - the backbone of AI chipmaking - said it saw 2026 as a growth year but didn't specify how much growth it anticipated. Analysts see the second quarter as a "make or break" period which will determine its outlook for 2026, considering delivery times typically take around 12 months. "ASML would need to double our second-quarter order estimates (of 5.3 billion euros) to comfort our 2026 revenue forecast ," Barclays analyst Simon Coles told Reuters. Analysts, on average, expect second-quarter bookings to reach 4.44 billion euros, according to a consensus compiled by researcher Visible Alpha, and 21.3 billion euros for the full-year. TSMC, CHINA DEMAND Hitting those forecasts depends largely on orders from the world's top contract chipmaker TSMC, analyst Marc Hesselink of ING said. The company, which is also ASML's top customer, is expected to order the tools it needs for its upcoming manufacturing process, N2, this year. "We see a better-than-expected demand and order from TSMC and China players, but lower-than-expected demand and order from Intel and Samsung," said Kevin Wang, analyst at Mizuho. Positive news on talks with clients over future orders would also offer reassurance that it will meet current market forecasts, said Hesselink. ASML still has a long way to go in 2025 to fulfill booking expectations for its lithography systems, after net bookings, the industry's most closely watched figure, came in at 3.9 billion euro ($4.6 billion) in the first quarter, missing estimates, analysts say. Its earnings will provide a gauge of the resilience of China's chipmakers, which have been buying lower-end ASML equipment not impacted by export restrictions. That demand helped the company beat first-quarter forecasts. Last October, ASML projected Chinese orders would fall to a 20% share of all machine sales in 2025. In fact, they constituted 27% of machine sales, steady from a quarter earlier. Analysts expect that trend to continue unless U.S. export curbs are further extended to apply to the older equipment.
Yahoo
15-07-2025
- Business
- Yahoo
ASML's 2026 growth outlook hinges on second-quarter bookings
By Nathan Vifflin VELDHOVEN (Reuters) -Investors are hoping that ASML's bookings are robust enough to support its 2026 growth ambitions when the world's biggest chip-making equipment supplier reports its second-quarter earnings on Wednesday. The Dutch firm has lost around 30% in market value since peaking one year ago, reflecting investor concern over its growth prospects. At an investor event last November, the maker of the EUV machine - the backbone of AI chipmaking - said it saw 2026 as a growth year but didn't specify how much growth it anticipated. Analysts see the second quarter as a "make or break" period which will determine its outlook for 2026, considering delivery times typically take around 12 months. "ASML would need to double our second-quarter order estimates (of 5.3 billion euros) to comfort our 2026 revenue forecast," Barclays analyst Simon Coles told Reuters. Analysts, on average, expect second-quarter bookings to reach 4.44 billion euros, according to a consensus compiled by researcher Visible Alpha, and 21.3 billion euros for the full-year. TSMC, CHINA DEMAND Hitting those forecasts depends largely on orders from the world's top contract chipmaker TSMC, analyst Marc Hesselink of ING said. The company, which is also ASML's top customer, is expected to order the tools it needs for its upcoming manufacturing process, N2, this year. "We see a better-than-expected demand and order from TSMC and China players, but lower-than-expected demand and order from Intel and Samsung," said Kevin Wang, analyst at Mizuho. Positive news on talks with clients over future orders would also offer reassurance that it will meet current market forecasts, said Hesselink. ASML still has a long way to go in 2025 to fulfill booking expectations for its lithography systems, after net bookings, the industry's most closely watched figure, came in at 3.9 billion euro ($4.6 billion) in the first quarter, missing estimates, analysts say. Its earnings will provide a gauge of the resilience of China's chipmakers, which have been buying lower-end ASML equipment not impacted by export restrictions. That demand helped the company beat first-quarter forecasts. Last October, ASML projected Chinese orders would fall to a 20% share of all machine sales in 2025. In fact, they constituted 27% of machine sales, steady from a quarter earlier. Analysts expect that trend to continue unless U.S. export curbs are further extended to apply to the older equipment. ($1 = 0.8552 euros) Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
