Aletheia upgrades ASML Holding stock on capacity outlook
Published on 10/13/2026 at 10:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS- Aletheia upgraded ASML on October 12, 2026, citing scanner capacity and output potential for 2027 and 2028.
- ASML's second-quarter 2026 revenue reached EUR 9.3 billion and net income reached EUR 2.9 billion.
- ASML traded at EUR 1,549.00 at Lang & Schwarz on October 13, 2026, ahead of third-quarter results.
- ASML expects third-quarter 2026 revenue of EUR 11 billion to EUR 12 billion and full-year revenue of EUR 43 billion to EUR 45 billion.
ASML Holding (ISIN NL0010273215) was at EUR 1,549.00 at Lang & Schwarz on October 13, 2026, at 10:16 a.m. CEST. Investing.com reported on October 12, 2026, that Aletheia upgraded its assessment of ASML, citing scanner capacity and output potential for 2027 and 2028.
What does the upgrade change?
The analyst view shifts attention from near-term earnings momentum to ASML's ability to increase equipment output. The same report said ASML could more than double earnings per share between 2026 and 2028 and projected free cash flow of EUR 40 billion to EUR 50 billion.
ASML enters results week
ASML's second-quarter 2026 results provided the operating base for the next test. According to Yahoo Finance, total net sales reached EUR 9.3 billion in the second quarter of 2026, while net income reached EUR 2.9 billion and earnings per share reached EUR 7.59.
The company expects third-quarter 2026 total net sales of EUR 11 billion to EUR 12 billion and gross margin of 55 percent to 57 percent. Full-year 2026 guidance calls for revenue of EUR 43 billion to EUR 45 billion and gross margin of 54 percent to 56 percent, according to the same earnings-call transcript.
Three milestones shape the outlook
On July 15, 2026, ASML reported second-quarter revenue of EUR 9.3 billion and net income of EUR 2.9 billion, according to Yahoo Finance. On July 15, 2026, management raised full-year 2026 revenue guidance to EUR 43 billion to EUR 45 billion and said Low-NA EUV system sales should grow more than 45 percent in 2026.
On October 12, 2026, Aletheia upgraded its ASML assessment on the capacity outlook, with the report highlighting 2027 and 2028 output potential. The chronology points to a company entering its next results release with higher guidance and a capacity story that extends beyond the current year.
Upcoming dates carry the next test
ASML lists October 14, 2026, for third-quarter 2026 results and January 27, 2027, for fourth-quarter and full-year 2026 results. The October release will show whether the EUR 11 billion to EUR 12 billion quarterly revenue outlook is translating into reported growth.
Price stays tied to results
ASML was at EUR 1,549.00 at Lang & Schwarz on October 13, 2026, at 10:16 a.m. CEST. The next dated company event is the third-quarter results release on October 14, 2026. The further course of trading is shown by the continuously updated real-time quote of ASML Holding stock.
ASML Holding stock at a glance
- Company: ASML Holding N.V.
- ISIN: NL0010273215
- Ticker: ASML
- Primary exchange: Euronext Amsterdam
- Price Lang & Schwarz (as of October 13, 2026, 10:16 a.m. CEST): EUR 1,549.00
- Sector / Industry: Information technology / semiconductor equipment
Market context: Market report AEX.
