ASML (ASML) Positioned for Growth as Citi Identifies AI Demand as Primary Catalyst for 2026 Semiconductor Equipment Outlook

ASML Holding (NASDAQ:ASML) is one of the best stocks for the next decade. On December 10, Citi analyst Andrew Gardiner raised the firm’s price target on ASML to EUR 1,200 from EUR 1,050, while keeping a Buy rating on the shares. As part of its 2026 outlook for the European semiconductor equipment sector, Citi suggested that AI-driven demand will act as a primary catalyst for healthy industry growth. The firm anticipates that this structural tailwind will generate strong momentum for positive earnings revisions across the group.

On the same day, Deutsche Bank also raised the firm’s price target on ASML Holding (NASDAQ:ASML) to EUR 1,150 from EUR 1,000 with a Buy rating on the shares.

Earlier on December 3, Bank of America raised the firm’s price target on ASML to $1,331 from $1,092, while maintaining a Buy rating on the shares. BofA identifies FY2027 as a pivotal inflection point for ASML Holding (NASDAQ:ASML), anticipating a significant upward re-rating of the company’s stock. The firm expects lithography intensity to increase as ASML captures a larger portion of spending within the DRAM market. Furthermore, profit margins are projected to widen due to a more favorable product mix. Highlighting its conviction, BofA has officially named ASML as one of its 25 stocks for 2026.

ASML Holding (NASDAQ:ASML) provides lithography solutions for the development, production, marketing, sales, upgrading, and servicing of advanced semiconductor equipment systems.

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Disclosure: None. This article is originally published at Insider Monkey.