ASML shares buoyed by Goldman Sachs target rise and Bernstein Outperform rating
Goldman Sachs reaffirmed its "buy" rating on ASML Holding and lifted its price target to €1,770 from €1,600, citing the company’s unique position in the global semiconductor and AI-driven demand cycle. Analyst Alexander Duval highlighted ASML’s critical role in advanced lithography systems used for high‑performance chips.
Bernstein Research kept its "Outperform" rating on ASML with a €1,700 price target, noting that supply constraints in the semiconductor sector could further benefit the equipment maker. Both firms see continued structural demand for ASML’s technology despite valuation and geopolitical risks.