$ASML: AI Demand Is Driving a New Wave of Chipmaking Equipment Orders 🚀-To The Moon - Tiger Brokers Online Investing Community - To The Moon

Like
Comment
Favorite

$ASML: AI Demand Is Driving a New Wave of Chipmaking Equipment Orders 🚀

AfraSimon
11-05 15:15

$ASML Holding NV(ASML)$ is up 46% year to date, but still trades 21% below its June high.

🐂 Bull Case

AI-driven memory demand: Memory accounted for 46% of Q3 system sales, up from 35%, as chipmakers expand capacity to meet AI demand.
EUV leadership: ASML remains the only supplier of extreme ultraviolet lithography machines. It shipped 17 EUV systems in Q3, compared with 9 a year earlier.
Long-term demand: Customers are already discussing orders for 2029 and 2030.
Services growth: Installed Base sales rose 68% year over year to €3.3B, representing 28% of Q3 revenue.

🔬 Q3 2026 Sales

EUV Systems: €4.1B, up 94% YoY
Non-EUV Systems: €4.3B, up 24% YoY
Installed Base: €3.3B, up 68% YoY
China: 23% of system sales, down from 42% a year ago

🏦 Balance Sheet

Cash: €12.7B
Net cash: €10.8B
LTM free cash flow: €21.1B
FCF yield: 3.9%
Q3 share buybacks: €4.1B

🔮 Analyst Estimates

Q4 2026 sales guidance: €14.2B–€15.2B
2027 revenue: €57.2B, versus €32.7B in 2025
2027 net income: €21.4B
2027 net margin: 37.5%
2027 EPS: €55.93, versus €24.73 in 2025

🎯 Valuation

2026 forward P/E: 33.9x
2027 forward P/E: 25x
Low price target: €2,100
Consensus price target: €2,542
High price target: €2,809

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Like

Report

Comment

Top
Latest

empty

No comments yet

Most Discussed

{"i18n":{"language":"en_US"},"data":{"magic":2,"id":626071879725312,"tweetId":"626071879725312","gmtCreate":1793862948642,"gmtModify":1793862959216,"author":{"id":9000000000000725,"idStr":"9000000000000725","authorId":9000000000000725,"authorIdStr":"9000000000000725","name":"AfraSimon","avatar":"https://static.tigerbbs.com/46d30a827da942c1b0307f51e832534e","vip":8,"userType":8,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Published at least 3 PICK posts (or 10 IDEA posts) and, within the past 30 days, posted at least 1 PICK post (or 4 IDEA posts) and 1 comment","bigImgUrl":"https://community-static.tradeup.com/news/0641f4c5fa60c48f6d3ce6febffedc88","smallImgUrl":"https://community-static.tradeup.com/news/1e30711ea2bab5f411df0be106fc0244","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2026.11.06","individualDisplayEnabled":1,"backgroundColor":{"dark":"#2f2a1f","tint":"#fcf6e5"},"fontColor":{"dark":"#dea95e","tint":"#885600"}}],"wearingBadges":[{"categoryType":2007,"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","name":"Star Contributor","description":"Published at least 3 PICK posts (or 10 IDEA posts) and, within the past 30 days, posted at least 1 PICK post (or 4 IDEA posts) and 1 comment","smallImgUrl":"https://community-static.tradeup.com/news/1e30711ea2bab5f411df0be106fc0244","bigImgUrl":"https://community-static.tradeup.com/news/0641f4c5fa60c48f6d3ce6febffedc88","isScarce":1,"plateColors":{"bgColor":{"dark":"#2f2a1f","tint":"#fcf6e5"},"fontColor":{"dark":"#dea95e","tint":"#885600"}},"effectEnabled":0,"redirectLinkEnabled":1,"redirectLinkType":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","redirectLinkValidityFrom":1679961600000,"redirectLinkValidityTo":1996963200000,"validityToTimestamp":1796530802938,"sortingWeight":0,"wearable":1}],"fanSize":1056,"starInvestorFlag":false},"themes":[],"images":[{"img":"https://community-static.tradeup.com/news/eb4157214fa19033870d5eb2551aa9a1","width":"3277","height":"4096"}],"coverImages":[{"img":"https://community-static.tradeup.com/news/eb4157214fa19033870d5eb2551aa9a1","width":"3277","height":"4096"}],"title":"$ASML: AI Demand Is Driving a New Wave of Chipmaking Equipment Orders 🚀","html":"<html><head></head><body><p><a data-mention-id=\"ASML\" class=\"teditor-mention\" data-mention-name=\"ASML Holding NV\" href=\"https://ttm.financial/S/ASML\">$ASML Holding NV(ASML)$</a> is up 46% year to date, but still trades 21% below its June high.</p>\n<h3 id=\"id_3026902893\">🐂 Bull Case</h3>\n<ul style=\"\">\n <li>\n  <p>AI-driven memory demand: Memory accounted for 46% of Q3 system sales, up from 35%, as chipmakers expand capacity to meet AI demand.</p></li>\n <li>\n  <p>EUV leadership: ASML remains the only supplier of extreme ultraviolet lithography machines. It shipped 17 EUV systems in Q3, compared with 9 a year earlier.</p></li>\n <li>\n  <p>Long-term demand: Customers are already discussing orders for 2029 and 2030.</p></li>\n <li>\n  <p>Services growth: Installed Base sales rose 68% year over year to €3.3B, representing 28% of Q3 revenue.</p></li>\n</ul>\n<h3 id=\"id_3678331000\">🔬 Q3 2026 Sales</h3>\n<ul style=\"\">\n <li>\n  <p>EUV Systems: €4.1B, up 94% YoY</p></li>\n <li>\n  <p>Non-EUV Systems: €4.3B, up 24% YoY</p></li>\n <li>\n  <p>Installed Base: €3.3B, up 68% YoY</p></li>\n <li>\n  <p>China: 23% of system sales, down from 42% a year ago</p></li>\n</ul>\n<h3 id=\"id_3005866567\">🏦 Balance Sheet</h3>\n<ul style=\"\">\n <li>\n  <p>Cash: €12.7B</p></li>\n <li>\n  <p>Net cash: €10.8B</p></li>\n <li>\n  <p>LTM free cash flow: €21.1B</p></li>\n <li>\n  <p>FCF yield: 3.9%</p></li>\n <li>\n  <p>Q3 share buybacks: €4.1B</p></li>\n</ul>\n<h3 id=\"id_3368630219\">🔮 Analyst Estimates</h3>\n<ul style=\"\">\n <li>\n  <p>Q4 2026 sales guidance: €14.2B–€15.2B</p></li>\n <li>\n  <p>2027 revenue: €57.2B, versus €32.7B in 2025</p></li>\n <li>\n  <p>2027 net income: €21.4B</p></li>\n <li>\n  <p>2027 net margin: 37.5%</p></li>\n <li>\n  <p>2027 EPS: €55.93, versus €24.73 in 2025</p></li>\n</ul>\n<h3 id=\"id_51028479\">🎯 Valuation</h3>\n<ul style=\"\">\n <li>\n  <p>2026 forward P/E: 33.9x</p></li>\n <li>\n  <p>2027 forward P/E: 25x</p></li>\n <li>\n  <p>Low price target: €2,100</p></li>\n <li>\n  <p>Consensus price target: €2,542</p></li>\n <li>\n  <p>High price target: €2,809</p>\n  <p class=\"t-img-caption\"><img alt=\" \" title=\" \" src=\"https://community-static.tradeup.com/news/eb4157214fa19033870d5eb2551aa9a1\" tg-width=\"3277\" tg-height=\"4096\"><span> </span></p></li>\n</ul>\n<p></p></body></html>","htmlText":"<html><head></head><body><p><a data-mention-id=\"ASML\" class=\"teditor-mention\" data-mention-name=\"ASML Holding NV\" href=\"https://ttm.financial/S/ASML\">$ASML Holding NV(ASML)$</a> is up 46% year to date, but still trades 21% below its June high.</p>\n<h3 id=\"id_3026902893\">🐂 Bull Case</h3>\n<ul style=\"\">\n <li>\n  <p>AI-driven memory demand: Memory accounted for 46% of Q3 system sales, up from 35%, as chipmakers expand capacity to meet AI demand.</p></li>\n <li>\n  <p>EUV leadership: ASML remains the only supplier of extreme ultraviolet lithography machines. It shipped 17 EUV systems in Q3, compared with 9 a year earlier.</p></li>\n <li>\n  <p>Long-term demand: Customers are already discussing orders for 2029 and 2030.</p></li>\n <li>\n  <p>Services growth: Installed Base sales rose 68% year over year to €3.3B, representing 28% of Q3 revenue.</p></li>\n</ul>\n<h3 id=\"id_3678331000\">🔬 Q3 2026 Sales</h3>\n<ul style=\"\">\n <li>\n  <p>EUV Systems: €4.1B, up 94% YoY</p></li>\n <li>\n  <p>Non-EUV Systems: €4.3B, up 24% YoY</p></li>\n <li>\n  <p>Installed Base: €3.3B, up 68% YoY</p></li>\n <li>\n  <p>China: 23% of system sales, down from 42% a year ago</p></li>\n</ul>\n<h3 id=\"id_3005866567\">🏦 Balance Sheet</h3>\n<ul style=\"\">\n <li>\n  <p>Cash: €12.7B</p></li>\n <li>\n  <p>Net cash: €10.8B</p></li>\n <li>\n  <p>LTM free cash flow: €21.1B</p></li>\n <li>\n  <p>FCF yield: 3.9%</p></li>\n <li>\n  <p>Q3 share buybacks: €4.1B</p></li>\n</ul>\n<h3 id=\"id_3368630219\">🔮 Analyst Estimates</h3>\n<ul style=\"\">\n <li>\n  <p>Q4 2026 sales guidance: €14.2B–€15.2B</p></li>\n <li>\n  <p>2027 revenue: €57.2B, versus €32.7B in 2025</p></li>\n <li>\n  <p>2027 net income: €21.4B</p></li>\n <li>\n  <p>2027 net margin: 37.5%</p></li>\n <li>\n  <p>2027 EPS: €55.93, versus €24.73 in 2025</p></li>\n</ul>\n<h3 id=\"id_51028479\">🎯 Valuation</h3>\n<ul style=\"\">\n <li>\n  <p>2026 forward P/E: 33.9x</p></li>\n <li>\n  <p>2027 forward P/E: 25x</p></li>\n <li>\n  <p>Low price target: €2,100</p></li>\n <li>\n  <p>Consensus price target: €2,542</p></li>\n <li>\n  <p>High price target: €2,809</p>\n  <p class=\"t-img-caption\"><img alt=\" \" title=\" \" src=\"https://community-static.tradeup.com/news/eb4157214fa19033870d5eb2551aa9a1\" tg-width=\"3277\" tg-height=\"4096\"><span> </span></p></li>\n</ul>\n<p></p></body></html>","text":"$ASML Holding NV(ASML)$ is up 46% year to date, but still trades 21% below its June high. 🐂 Bull Case AI-driven memory demand: Memory accounted for 46% of Q3 system sales, up from 35%, as chipmakers expand capacity to meet AI demand. EUV leadership: ASML remains the only supplier of extreme ultraviolet lithography machines. It shipped 17 EUV systems in Q3, compared with 9 a year earlier. Long-term demand: Customers are already discussing orders for 2029 and 2030. Services growth: Installed Base sales rose 68% year over year to €3.3B, representing 28% of Q3 revenue. 🔬 Q3 2026 Sales EUV Systems: €4.1B, up 94% YoY Non-EUV Systems: €4.3B, up 24% YoY Installed Base: €3.3B, up 68% YoY China: 23% of system sales, down from 42% a year ago 🏦 Balance Sheet Cash: €12.7B Net cash: €10.8B LTM free cash flow: €21.1B FCF yield: 3.9% Q3 share buybacks: €4.1B 🔮 Analyst Estimates Q4 2026 sales guidance: €14.2B–€15.2B 2027 revenue: €57.2B, versus €32.7B in 2025 2027 net income: €21.4B 2027 net margin: 37.5% 2027 EPS: €55.93, versus €24.73 in 2025 🎯 Valuation 2026 forward P/E: 33.9x 2027 forward P/E: 25x Low price target: €2,100 Consensus price target: €2,542 High price target: €2,809","highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/626071879725312","repostId":0,"isVote":1,"tweetType":1,"viewCount":204,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["ASML"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":989,"optionInvolvedFlag":false,"subscribersOnly":false,"subscribersOnlyAccessible":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}