Mizuho upgraded ASML to a Buy rating on April 13, 2026. UBS reiterated its Buy rating for the semiconductor equipment manufacturer.
Analysts attribute the positive outlook to surging AI-driven demand for advanced lithography systems. Billionaire investor Ken Fisher identified ASML as a top AI-related holding.
These endorsements arrive ahead of the company's quarterly earnings report. Jefferies maintains a Hold rating, advising caution despite the bullish sentiment. A GuruFocus analysis suggests the stock may currently be overvalued.
ASML disclosed routine transactions under its ongoing share buyback program. The company originally announced this buyback initiative in January.