Wall Street Has a Positive Opinion on ASML Holding N.V. (ASML), Here’s Why

​ASML Holding N.V. (NASDAQ:ASML) is one of the Best Non-US Stocks to Buy According to Hedge Funds. ASML Holding N.V. (NASDAQ:ASML) has surged more than 32.86% and Wall Street maintains a positive outlook, suggesting further upside.

​Recently, on December 11, Bernstein analyst David Dai CFA maintained a Hold rating on the stock with a €800 price target. Earlier, on December 3, Didier Scemama from Bank of America Securities reiterated a Buy rating on the stock and also raised the price target from $1,092 to $1,331.

​Analyst Didier Scemama of BofA noted that ASML Holding N.V. (NASDAQ:ASML) is one of their best picks for 2026. The analyst also highlighted that they see fiscal 2027 as an inflection point for the company, which will result in a higher re-rate for the stock price. The firm expects this to be driven by increased intensity in Lithography as the company gains more DRAM market share. Moreover, BofA also expects the company to improve its gross margins and expand its revenue mix.

​That said, J.P. Morgan had also reiterated a Buy rating on the stock on December 1. J.P. Morgan has also added ASML Holding N.V. (NASDAQ:ASML) to its top pick among the semiconductor capital equipment group for 2026. The firm expects the memory segment to be the driving factor for the company and also anticipates strong orders for the company in the last quarter of 2025.

​ASML Holding N.V. (NASDAQ:ASML) develops, produces, markets, sells, upgrades, and services advanced semiconductor equipment systems, primarily lithography, metrology, and inspection tools.

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 this cheapest AI stock.

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