Report
Abhinav Davuluri
EUR 147.86 For Business Accounts Only

ASML Reiterates Aggressive Growth Through 2020 at Its Investor Day; Shares Remain Overvalued

ASML hosted an investor day on Oct. 31 and shared its forward outlook and strategy. Management reiterated its view that the firm’s revenue would reach EUR 10 billion by 2020, led by greater intensity of lithography within semiconductor manufacturing. This target implies revenue growth of 10% annually over the next five years, which is higher than our internal model forecast of 6%. We think the projected adoption level of extreme ultraviolet, or EUV, lithography, the industry's latest imaging tec...
Underlying
ASML Holding N.V.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

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We have operations in 27 countries.

Analysts
Abhinav Davuluri

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