ASML Holding (ASML) Price Target Lifted by $100 Amid ‘Overdone’ Pullback

ASML Holding N.V. (NASDAQ:ASML) is 1 of the world’s starring manufacturers of chip-making equipment. The institution designs and manufactures the lithography machines that are an indispensable constituent successful spot manufacturing.

On April 16, Wells Fargo bumped its terms people connected ASML Holding N.V. (NASDAQ:ASML) from $1,650 to $1,750, portion maintaining an ‘Overweight’ standing connected the shares. The people boost reflects an upside of much than 21% from the existent stock price.

The expert steadfast believes that the pullback successful ASML Holding N.V. (NASDAQ:ASML) is overdone and it remains a purchaser of the stock, fixed its raised 2026 outlook driven by the request extracurricular of China. Moreover, the company’s update connected low-numerical-aperture EUV capableness has besides been encouraging. Wells expects ASML to payment from the improving visibility into 2027, with projections of implicit 80 low-NAEUV units.

In different news, ASML Holding N.V. (NASDAQ:ASML) approved a last dividend outgo of $3.17 per mean stock connected April 22. Moreover, the institution besides authorized the repurchase of up to 10% of its issued stock superior during the play stretching from April 22, 2026, to October 22, 2027.

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