ASM stock: Record Q3 revenue pulls 2030 target into 2027
Published on 10/30/2026 at 14:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSGrowth outlook moves ahead
- ASM reported record third-quarter revenue, supported by advanced logic, memory and AI-related demand.
- Management expects the 2030 revenue target to be reached three years early.
- A new share buyback authorization adds a capital-return measure after the completed prior program.
ASM International reported a record third quarter on October 27 and raised its medium-term revenue outlook. The company said demand linked to artificial intelligence infrastructure, advanced logic and memory supported higher sales. Nasdaq published ASM's results release and reported that revenue reached EUR 1,159 million in the quarter.
ASM stock traded at 744.00 euros on Lang & Schwarz at 14:38 CEST on Friday, October 30, 2026. That is 1.81 percent below the EUR 757.70 quote cited in the October 28 report on the company's own news page, giving the current edition a fresh market development beyond the earlier coverage.
Record quarter lifts the outlook
Revenue increased 45 percent year over year as reported and 44 percent at constant currencies. Gross margin was 52.0 percent, while adjusted net earnings rose to EUR 315.4 million from EUR 206.2 million a year earlier.
ASM expects fourth-quarter revenue of EUR 1,230 million, plus or minus 5 percent, at constant currencies. For 2027, management projects revenue of more than EUR 5.7 billion at constant currencies, which would bring the revenue target set for 2030 at the 2025 Investor Day forward by three years.
The company said advanced logic and foundry should be the strongest growth driver in 2027, supported by further 2nm-related sales and momentum at 1.4nm. Memory demand, including investment related to high-bandwidth memory, also remained strong.
Buyback adds a capital-return angle
ASM's Management Board authorized a new share buyback program of up to EUR 300 million on October 27. The previous program, worth up to EUR 150 million, was completed on September 14 after 185,522 shares were repurchased at an average price of EUR 808.53. Details of the new program are due before it starts.
The real-time quote of ASM International stock provides the latest trading reference.
ASM International at a glance
- Company: ASM International N.V.
- ISIN: NL0000334118
- Home exchange: Euronext Amsterdam
- Lang & Schwarz quote: EUR 744.00 on Friday, October 30, 2026, at 14:38 CEST
- Source: Nasdaq release published October 27, 2026
The Dutch semiconductor equipment maker's outlook remains tied to customer capacity expansion and the pace of AI infrastructure investment. Investors will also track the timing and terms of the newly authorized buyback.
Broader semiconductor shares remain a key market backdrop for investors; see current market reports.
More news and analyses on ASM International stock.
Nasdaq published ASM International's October 27 results release.
