ASML rises as stronger Q2 results and a higher 2026 outlook lift sentiment

ASML Holding N.V. (ASML) is up 4.1% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver was ASML’s latest quarterly update, which showed stronger second-quarter performance and a higher full-year 2026 outlook. Investors also appeared encouraged by management’s comments that AI-related chip demand remains strong enough to support additional capacity expansion.

Details:

ASML’s July 15, 2026 earnings release showed second-quarter total net sales of 9.3 billion euros and net income of 2.9 billion euros, giving the market a fresh earnings catalyst.

The company increased its 2026 outlook and said it now expects full-year net sales in a range of 43 billion euros to 45 billion euros, with gross margin projected at 54% to 56%.

Management indicated that demand tied to advanced chip production and AI workloads continues to support customer investment, reinforcing confidence in ASML’s order environment.

ASML also outlined capacity expansion plans for 2027 and 2028, which likely helped investors view the company as positioned to capture sustained demand rather than a short-lived spike.

Sources:

ASML, SEC, Euronext

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 1,049 institutional investors add shares of $ASML stock to their portfolio, and 839 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
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
AXIOM INVESTORS LLC /DE added 379,428 shares (+inf%) to their portfolio in Q1 2026, for an estimated $485,398,446

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 1 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

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 $2200.0.

Here are some recent targets:

David Dai from Bernstein set a target price of $2623.0 on 07/06/2026
Didier Scemama from B of A Securities set a target price of $2345.0 on 06/22/2026
Joseph Quatrochi from Wells Fargo set a target price of $2200.0 on 06/22/2026
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

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.