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ASML (ASML) Gains As Market Dips: What You Should Know

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ASML (ASML - Free Report) closed at $1,726.36 in the latest trading session, marking a +1.23% move from the prior day. This change outpaced the S&P 500's 0.74% loss on the day. On the other hand, the Dow registered a loss of 1.21%, and the technology-centric Nasdaq decreased by 0.89%.

Shares of the equipment supplier to semiconductor makers have appreciated by 18.19% over the course of the past month, outperforming the Computer and Technology sector's gain of 11.4%, and the S&P 500's gain of 5.39%.

Market participants will be closely following the financial results of ASML in its upcoming release. The company plans to announce its earnings on July 15, 2026. On that day, ASML is projected to report earnings of $8.1 per share, which would represent year-over-year growth of 78.02%. In the meantime, our current consensus estimate forecasts the revenue to be $10.37 billion, indicating a 18.84% growth compared to the corresponding quarter of the prior year.

ASML's full-year Zacks Consensus Estimates are calling for earnings of $37.1 per share and revenue of $45.72 billion. These results would represent year-over-year changes of +32.74% and +23.66%, respectively.

It's also important for investors to be aware of any recent modifications 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 shows that these estimate changes are directly correlated with near-term stock prices. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.54% higher. ASML currently has a Zacks Rank of #2 (Buy).

Looking at valuation, ASML is presently trading at a Forward P/E ratio of 45.97. This expresses a premium compared to the average Forward P/E of 40.07 of its industry.

It's also important to note that ASML currently trades at a PEG ratio of 1.4. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Semiconductor Equipment - Wafer Fabrication was holding an average PEG ratio of 1.27 at yesterday's closing price.

The Semiconductor Equipment - Wafer Fabrication industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 7, placing it within the top 3% of over 250 industries.

The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

You can find more information on all of these metrics, and much more, on Zacks.com.

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