ASML Holdings (ASML) Is One Of The Top Surging AI Stocks, Here’s What Analysts Make Of It
Key takeaways
- During the last few trading sessions, ASML Holding NV (NASDAQ:ASML) has seen positive momentum.
- On June 9, ASML became the first publicly traded company in European history to surpass a $700 billion market value.
- The company's most recent Q1 earnings report showed a glimpse of the potential that is driving this analyst optimism.
ASML Holdings (ASML) Is One Of The Top Surging AI Stocks, Here’s What Analysts Make Of It Jabran Kundi Tue, June 30, 2026 at 7:14 PM GMT+7 2 min read ASML.AS ASML ASML Holding NV (NASDAQ:ASML) is one of the 10 AI Stocks That Are Surging. During the last few trading sessions, ASML Holding NV (NASDAQ:ASML) has seen positive momentum. On June 15, Bernstein analyst David Dai raised the firm's price target on ASML Holding NV (NASDAQ:ASML) from $1,911 to $1,971 while reaffirming an Outperform rating. The firm believes that rising DRAM capacity expansion and higher capital spending will drive demand for EUV systems over the coming years. The stock remains its preferred stock in the European semiconductor space.
On June 9, ASML became the first publicly traded company in European history to surpass a $700 billion market value. The AI tailwind has driven a strong rise in the company's share price as investors continue to reward the company for its key role in supplying equipment used to manufacture AI chips. ASML has seen its valuation rise significantly due to high AI spending and investor sentiment about future growth in semiconductor manufacturing.
The company's most recent Q1 earnings report showed a glimpse of the potential that is driving this analyst optimism. It reported revenue of €8.8 billion. Going forward, the company raised its full-year 2026 sales guidance to €36 billion and €40 billion. ASML also reaffirmed its long-term revenue targets of €44 billion and €60 billion for 2030.