Why is ASML down?

The stock price of ASML (ASML Holding) experienced a decrease of -1.1% on July 1, 2025. This decline can be attributed to a combination of factors:

1. **Analyst Downgrades**: Jefferies downgraded ASML from a "Buy" to a "Hold" rating, citing concerns about expected declines in wafer fab equipment spending, particularly in the DRAM sector and China. This shift in analyst ratings reflects a broader uncertainty surrounding ASML's immediate growth prospects.
2. **Sales Growth Concerns**: Despite ASML's long-term growth outlook, there are concerns about its near-term sales growth. The company's stock price fell after Jefferies analyst Janardan Menon downgraded it, indicating that the market may be cautious about ASML's short-term performance.
3. **Market Conditions and Export Bans**: ASML, being a semiconductor equipment manufacturer, is sensitive to global market conditions and trade policies. The potential impact of export bans and tariff fears has caused investor apprehension, leading to a decline in its stock value.

In summary, ASML's stock decline is likely a result of a combination of analyst downgrades, sales growth concerns, and market conditions.

|code|Ticker|Name|Date|Percentage Change|market_code|
|---|---|---|---|---|---|
|ASML|ASML.O|ASML Holding|20250623|3.0653|185|
|ASML|ASML.O|ASML Holding|20250624|4.3144|185|
|ASML|ASML.O|ASML Holding|20250625|0.2311|185|
|ASML|ASML.O|ASML Holding|20250626|-2.1037|185|
|ASML|ASML.O|ASML Holding|20250627|-0.2681|185|
|ASML|ASML.O|ASML Holding|20250630|0.6835|185|
|ASML|ASML.O|ASML Holding|20250701|-1.1548684161269789|185|