Why ASML Holding (ASML) Stock Is Down Today

ASML Holding (ASML) is down 5.5% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver is renewed concern that China is making progress in domestic DUV lithography equipment, which could pressure a portion of ASML’s China-related business over time. The drop also appears consistent with a broader risk-off move in semiconductor equipment shares after a strong run for the group, so part of the decline could be valuation-driven rather than tied to a new company-specific setback.

Details:

Reports in late July said China had begun mass-producing homegrown immersion DUV lithography tools, a category where ASML has long held a dominant position.

Those reports suggested early systems could be delivered to major Chinese chipmakers this year, raising questions about future demand for some of ASML’s older deep ultraviolet tools in China.

ASML’s own second-quarter update last month was fundamentally strong, with higher sales, solid profitability, and a raised 2026 outlook, which suggests today’s weakness is not being driven by a fresh earnings miss.

Management has also flagged that China should account for a smaller share of 2026 revenue than in prior years, leaving the stock sensitive to any headline that increases competitive or export-control risk around that market.

Sources:

ASML press release, SEC filings, Reuters

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

$ASML Hedge Fund Activity

We have seen 1,354 institutional investors add shares of $ASML stock to their portfolio, and 960 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

JPMORGAN CHASE & CO added 2,395,859 shares (+inf%) to their portfolio in Q2 2026, for an estimated $4,766,417,728
FMR LLC added 2,329,935 shares (+74.0%) to their portfolio in Q2 2026, for an estimated $4,635,265,886
INVESCO LTD. added 2,015,103 shares (+179.1%) to their portfolio in Q2 2026, for an estimated $4,008,926,512
CAPITAL INTERNATIONAL INVESTORS added 671,772 shares (+38.0%) to their portfolio in Q2 2026, for an estimated $1,336,450,087
VAN ECK ASSOCIATES CORP added 592,125 shares (+31.7%) to their portfolio in Q2 2026, for an estimated $1,177,997,160
EDGEWOOD MANAGEMENT LLC removed 510,252 shares (-54.1%) from their portfolio in Q2 2026, for an estimated $1,015,115,738
BAROMETER CAPITAL MANAGEMENT INC. removed 505,290 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $646,412,444

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 6 times in the past 6 months. Of those trades, 6 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.
SENATOR ALAN ARMSTRONG has traded it 2 times. They made 2 purchases worth up to $115,000 on 03/31, 03/30 and 0 sales.

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 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.