Seeking Alpha
19 Oct 2026, 09:19 UTC · 2h ago
ASML: No AI Slowdown In Sight As Orders And Margins Surge
Impact · against what's priced in
The earnings beat is largely a confirmation of existing expectations, as the market had already factored in the raised 2026 revenue guidance. However, the expansion of gross margins to 57.5% provides a positive catalyst by validating a profitability trajectory the market had previously refused to pay for.
- ASML+0.00
Already priced in
- The price assumes
delivers management's newly raised €43–45B revenue target for 2026
The raise of full-year revenue guidance to €44–45 billion is already reflected in the current price.
What ASML's price assumes · Aug 26
