Time: 2024-07-17
Investors have recently taken a bearish stance on ASML Holding , as indicated by a significant number of uncommon options trades spotted by Benzinga 's options scanner . The overall sentiment among these big - money traders is split between bullish and bearish positions , with a total of 53 uncommon options trades for ASML Holding identified . The special options uncovered include 13 puts totaling 66,533 and 40 calls totaling , 903,643 , with a price target range from 00.0 to 580.0 for ASML Holding.
ASML Holding , a leader in photolithography systems for semiconductor manufacturing , has experienced a slight increase in stock price to 087.66 , with RSI indicators suggesting a potential overbought condition . The company 's next earnings report is expected in 2 days . Analyst ratings for ASML Holding have shown a positive outlook , with a consensus target price of 242.5 and ratings from Wells Fargo and Susquehanna remaining optimistic about the stock.
ASML stock on NASDAQ has recently hit a new all - time high , signaling reinforced investor confidence despite a slow Q1 performance . The decline in revenues during Q1 is attributed to the cyclical nature of the semiconductor industry , rather than a systemic issue . ASML 's sales are projected to surge in FY2025 , indicating that the stock may be undervalued . The company 's cautious approach and decline in net bookings in Q1 reflect the industry 's typical cyclical adjustments in response to demand fluctuations.
Despite the challenges faced in Q1 , ASML 's management anticipates a robust second half of the year and sets the stage for a significant sales surge in FY2025 . Wall Street estimates predict net sales of 27.67 billion for FY2024 , with a further increase to 36.36 billion in FY2025 . The stock 's valuation remains reasonable , with a projected EPS multiple of 33.5x for FY2025 , suggesting potential growth driven by advancements in AI and a multi - year bull market.
In conclusion , despite short - term challenges , ASML Holding 's long - term growth potential and optimistic outlook for FY2025 position the company favorably in the semiconductor industry . Analysts remain bullish on ASML stock , with a consensus rating of Strong Buy and an average forecast indicating potential upside over the next 12 months.