TD Cowen Reiterates “Buy” Rating on ASML (ASML) With $1,500 PT

ASML Holding N.V. (NASDAQ:ASML) stands among the 13 unrivaled stocks of the next 10 years.

TD Cowen Reiterates "Buy" Rating on ASML (ASML) With $1,500 PT

A semiconductor. Photo by Tima Miroshnichenko on Pexels

ASML Holding N.V. (NASDAQ:ASML) retains confidence of Wall Street, where analysts remain bullish on the company’s critical role in the semiconductor manufacturing market. Overall, the stock boasts bullish ratings from 80% of the covering analysts. The consensus price target of $1,737.50 translated to a 24.05% upside potential, as of March 9, 2026.

Recent analyst commentary came from TD Cowen analysts. On March 10, 2026, the firm’s analysts reiterated a “Buy” rating on ASML Holding N.V. (NASDAQ:ASML) and maintained a $1,500 price target. The investment firm recognized ASML’s dominance in lithography technology by naming it its top European investment prospect for 2026.

The strongest case for the company’s growth builds around ASML Holding N.V. (NASDAQ:ASML)’s extreme ultraviolet (EUV) lithography systems, which remain the backbone of the process to build the most cutting-edge semiconductor chips, according to TD Cowen. Furthermore, analysts add that the technology supports the development of next-generation computing and AI applications. Therefore, the firm views the company as well-positioned within the global semiconductor ecosystem.

ASML Holding N.V. (NASDAQ:ASML) develops, manufactures, markets, sells, upgrades, and maintains cutting-edge semiconductor equipment systems, including inspection, metrology, and lithography systems.

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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