Report
Stephane Houri ...
  • Wim Gille

ASML : Another release and guidance upgrade to highlight an exceptional situation – target price raised to € 700

>Forecasts raised by 15% and target increased to € 700, Outperform rating maintained - The share’s recent performance (+34% YTD) might have suggested that it would be tough to surprise on the upside, but this Q1 2021 release, the upgraded full-year growth outlook of +30% (well ahead of the most optimistic scenarios), the indications for 2022 in EUV and the strength of demand in DUV, have given it renewed impetus. We have raised our forecasts by 15% on average, our tar...
Underlying
ASML Holding NV

ASML Holding provides lithography systems for the semiconductor industry, manufacturing machines that are used in the production of integrated circuits or chips. Co. develops, produces, markets, sells and services advanced semiconductor equipment systems exclusively consisting of lithography systems. Co. sells its products to micro-processor manufacturers and Foundries, NAND-Flash memory and DRAM memory chipmakers. Co.'s products line includes the following: PAS 5000 lithography systems, which Co. no longer manufactures but continues to refurbish; PAS 5500 products; TWINSCAN DUV systems and TWINSCAN EUV systems based on a new platform utilizing the concepts of the TWINSCAN platform.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Stephane Houri

Wim Gille

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