ASML Holding (ASML) Price Target Lifted by $100 Amid ‘Overdone’ Pullback

ASML Holding N.V. (NASDAQ:ASML) is included among the 10 Best Global Stocks to Buy According to Wall Street Analysts.

ASML Holding (ASML) Price Target Lifted by $100 Amid 'Overdone' Pullback

ASML Holding N.V. (NASDAQ:ASML) is one of the world’s leading manufacturers of chip-making equipment. The company designs and manufactures the lithography machines that are an essential component in chip manufacturing.

On April 16, Wells Fargo bumped its price target on ASML Holding N.V. (NASDAQ:ASML) from $1,650 to $1,750, while maintaining an ‘Overweight’ rating on the shares. The target boost reflects an upside of more than 21% from the current share price.

The analyst firm believes that the pullback in ASML Holding N.V. (NASDAQ:ASML) is overdone and it remains a buyer of the stock, given its raised 2026 outlook driven by the demand outside of China. Moreover, the company’s update on low-numerical-aperture EUV capacity has also been encouraging. Wells expects ASML to benefit from the improving visibility into 2027, with projections of over 80 low-NAEUV units.

In other news, ASML Holding N.V. (NASDAQ:ASML) approved a final dividend payment of $3.17 per ordinary share on April 22. Moreover, the company also authorized the repurchase of up to 10% of its issued share capital during the period stretching from April 22, 2026, to October 22, 2027.

While we acknowledge the risk and potential of ASML as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than ASML and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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