ASML Holding Plunges 3.35% on Mizuho Downgrade

On April 3, 2025, ASML Holding experienced a 3.35% drop in pre-market trading.

ASML Holding's stock price has been under pressure due to a recent downgrade by Mizuho Securities. The firm lowered its rating on the company to neutral from buy, while also reducing its price target to 650 euros. This move reflects growing concerns about the company's near-term prospects and its ability to maintain its competitive edge in the semiconductor equipment market.

Investors are closely monitoring ASML's performance as the company navigates through a challenging environment. The downgrade by Mizuho Securities has added to the uncertainty surrounding the stock, leading to increased volatility and a decline in share price. Despite these challenges, ASML remains a key player in the semiconductor industry, and its long-term prospects are still seen as favorable by many analysts.