ASML jumps as investors refocus on EUV capacity upside and bullish analyst targets

ASML Holding N.V. (ASML) is up 5.9% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears tied to renewed optimism that ASML can expand EUV tool output more than previously modeled, improving the company’s medium-term revenue and margin runway. That theme has been reinforced by a wave of higher sell-side price targets and by ASML’s own strong 2026 demand commentary from its most recent quarterly update.

Details:

Several analysts recently raised price targets after arguing ASML’s EUV production capacity could be higher than the market had assumed, easing a key bottleneck in leading-edge chip supply.

Some bullish notes pointed to potential deliveries of more than ~110 low-NA EUV systems without requiring new building capacity, versus prior investor assumptions nearer ~90 units.

ASML’s latest quarterly release highlighted strong order intake and an updated (higher/narrowed) 2026 revenue outlook, supporting the view that advanced-logic and memory customers are still investing for AI-driven demand.

Capacity expansion plans discussed around company events (including additional Eindhoven-area buildout work slated to begin in 2026) have also helped validate the higher-throughput narrative.

Sources:

ASML (investor relations press release), Investing.com, Tom's Hardware

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

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$ASML Hedge Fund Activity

We have seen 1,089 institutional investors add shares of $ASML stock to their portfolio, and 921 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

CAPITAL INTERNATIONAL INVESTORS removed 1,641,974 shares (-48.2%) from their portfolio in Q1 2026, for an estimated $2,100,560,918
FMR LLC added 1,597,776 shares (+103.0%) to their portfolio in Q1 2026, for an estimated $2,044,018,859
JPMORGAN CHASE & CO removed 1,253,529 shares (-43.3%) from their portfolio in Q4 2025, for an estimated $1,341,100,535
EDGEWOOD MANAGEMENT LLC removed 555,281 shares (-37.1%) from their portfolio in Q1 2026, for an estimated $710,365,430
BAROMETER CAPITAL MANAGEMENT INC. removed 505,290 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $646,412,444
COATUE MANAGEMENT LLC added 496,234 shares (+inf%) to their portfolio in Q1 2026, for an estimated $634,827,193
EAGLE CAPITAL MANAGEMENT LLC removed 401,637 shares (-48.1%) from their portfolio in Q1 2026, for an estimated $513,810,197

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$ASML Congressional Stock Trading

Members of Congress have traded $ASML stock 5 times in the past 6 months. Of those trades, 5 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $ASML stock by members of Congress over the last 6 months:

REPRESENTATIVE JARED MOSKOWITZ has traded it 4 times. They made 4 purchases worth up to $60,000 on 03/31, 03/23 and 0 sales.
REPRESENTATIVE GILBERT RAY CISNEROS, JR. purchased up to $15,000 on 01/30.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$ASML Analyst Ratings

Wall Street analysts have issued reports on $ASML in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Barclays issued a "Overweight" rating on 01/29/2026
RBC Capital issued a "Outperform" rating on 01/15/2026
Bernstein issued a "Outperform" rating on 01/05/2026

To track analyst ratings and price targets for $ASML, check out Quiver Quantitative's $ASML forecast page.

$ASML Price Targets

Multiple analysts have issued price targets for $ASML recently. We have seen 5 analysts offer price targets for $ASML in the last 6 months, with a median target of $1700.0.

Here are some recent targets:

Sandeep Deshpande from JP Morgan set a target price of $2200.0 on 06/03/2026
Srini Pajjuri from RBC Capital set a target price of $1700.0 on 04/16/2026
David Dai from Bernstein set a target price of $1971.0 on 03/26/2026
Joseph Quatrochi from Wells Fargo set a target price of $1650.0 on 01/29/2026
Leon Chen from KGI Securities set a target price of $1415.0 on 01/15/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.