5 All-Time High Stocks with Legs to Rally Further

Page 5 of 5

1. ASML Holding N.V. (NASDAQ:ASML)

On June 22, 2026, BofA raised its price target on ASML Holding N.V. (NASDAQ:ASML) to $2,345 from $2,268 and maintained a Buy rating. The firm increased its calendar 2027 and 2028 EPS estimates by 1% and 5%, respectively, reflecting higher EUV unit forecasts. BofA expects ASML’s order book for calendar 2027 to be full when the company reports Q2 results on July 15, which “might pivot the narrative” toward its 2028 earnings potential.

On the same day, Wells Fargo analyst Joe Quatrochi raised the firm’s price target on ASML Holding N.V. (NASDAQ:ASML) to $2,200 from $1,750 and maintained an Overweight rating. Wells Fargo expects semiconductor capital equipment companies to continue reporting positive Q2 results.

Earlier in the month, JPMorgan raised its price target on ASML Holding N.V. (NASDAQ:ASML) to $2,200 from $1,813 and maintained an Overweight rating. The firm said the company’s messaging “is a lot more positive,” pointing to strong customer orders. JPMorgan added that ASML’s previously guided capacity of 90 extreme ultraviolet tools is not a ceiling, as the company can increase volumes without constructing new clean rooms.

ASML Holding N.V. (NASDAQ:ASML) develops, produces, sells, upgrades, and services advanced semiconductor lithography systems.

While we acknowledge the potential of ASML to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ASML and that has 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 15 High Growth Stocks to Buy and Hold for the Next Decade and 12 Strong Buy Stocks to Buy and Hold for the Next 5 Years 

Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.

Page 5 of 5
1281292 - 11759070 - 1