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Why ASML (ASML) Outpaced the Stock Market Today

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In the latest close session, ASML (ASML - Free Report) was up +1.95% at $1,448.78. The stock outpaced the S&P 500's daily gain of 0.62%. Elsewhere, the Dow gained 0.58%, while the tech-heavy Nasdaq added 0.83%.

Shares of the equipment supplier to semiconductor makers have appreciated by 2.48% over the course of the past month, outperforming the Computer and Technology sector's gain of 2.41%, and the S&P 500's gain of 0.8%.

Investors will be eagerly watching for the performance of ASML in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on April 15, 2026. The company is predicted to post an EPS of $7.72, indicating a 22.35% growth compared to the equivalent quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $10.21 billion, up 25.38% from the prior-year quarter.

For the full year, the Zacks Consensus Estimates are projecting earnings of $33.86 per share and revenue of $43.99 billion, which would represent changes of +21.14% and +18.98%, respectively, from the prior year.

Investors should also note any recent changes to analyst estimates for ASML. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.

Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. The Zacks Consensus EPS estimate has moved 0.41% lower within the past month. Currently, ASML is carrying a Zacks Rank of #3 (Hold).

In terms of valuation, ASML is currently trading at a Forward P/E ratio of 41.96. This represents a discount compared to its industry average Forward P/E of 43.04.

We can also see that ASML currently has a PEG ratio of 1.38. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. Semiconductor Equipment - Wafer Fabrication stocks are, on average, holding a PEG ratio of 1.83 based on yesterday's closing prices.

The Semiconductor Equipment - Wafer Fabrication industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 8, placing it within the top 4% of over 250 industries.

The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.

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