ASML will hit 1000$
7/2/2025 10:03pm
**ASML Holding (ASML) is unlikely to hit $1000** based on current analyst targets and market performance:
1. **Current Price and Analyst Target**: As of the latest data, ASML's closing price is $779.02, with an average analyst target price of $902.5. This suggests that analysts believe the stock has potential for growth, but not necessarily to reach the $1000 mark.
2. **Market Performance and Outlook**: While ASML has been performing well, with a recent increase of nearly 5%, the company's growth outlook for the next five years is expected to be 8%-14%, which does not indicate a potential to reach the $1000 level by traditional growth metrics alone.
3. **Jefferies' Downgrade and EUV Concerns**: Jefferies recently downgraded ASML to a "Hold" rating with a price objective of EUR 690, an increase from the prior target of EUR 660. This downgrade, along with concerns over the EUV division's returns on capital expenditure, suggests that the stock may not have the momentum required to reach the $1000 price point.
4. **Bernstein's Trimmed Growth Outlook**: Bernstein has trimmed ASML's growth outlook over EUV concerns, anticipating a decline in the intensity of EUV capital expenditure and predicting a growth rate of only 7% from 2024 to 2030. This more conservative growth outlook does not support a price target of $1000.
5. **Supporting Factors**: Despite these factors, ASML's strong position in AI-driven semiconductor demand and its growth outlook for 2030 support a positive long-term view. However, these factors do not currently indicate a price trajectory towards $1000 in the near term.
In conclusion, while ASML is a strong player in the semiconductor industry with positive growth prospects, the current analyst targets, market performance, and company-specific factors do not support the notion that the stock will reach $1000 in the foreseeable future.