ASML Holding stock gains 3.51 percent before October results

Published on 10/03/2026 at 23:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

ASML Holding stock draws attention after Wells Fargo lifted its target from USD 2,200 to USD 2,500 on July 16. Q2 sales reached EUR 9.3 billion.

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ASML Holding (NL0010273215) stock stood at EUR 1,653.00 on Euronext Amsterdam on October 2, 2026, up 3.51 percent. The next quarterly report is scheduled for October 14, 2026, according to Marketscreener.

Q2 revenue rose 6.4 percent

ASML reported Q2 2026 total net sales of EUR 9.3 billion, net income of EUR 2.9 billion and earnings per share of EUR 7.59, according to Yahoo Finance on July 15, 2026.

The revenue figure increased from EUR 8.7669 billion in Q1 2026 to EUR 9.3265 billion in Q2, a 6.4 percent sequential gain, while Q2 gross margin reached 54.0 percent, Nadiralpha reported.

Wells Fargo target reaches USD 2,500

Analyst coverage added a second market reference. MarketBeat reported on October 2, 2026, that Wells Fargo raised its price target from USD 2,200 to USD 2,500 in a report dated July 16, 2026, and assigned an overweight rating.

The same MarketBeat report placed the consensus rating at Moderate Buy and the average price target at USD 1,970.33. The figures show why the October earnings release matters: the share price has advanced sharply, while the next report will test whether the higher valuation is supported by actual delivery and guidance.

October 14 sets the next checkpoint

For Q3 2026, ASML guided to total net sales of EUR 11 billion to EUR 12 billion and a gross margin of 55 percent to 57 percent, according to Yahoo Finance on July 15, 2026.

Management also set full-year 2026 guidance at EUR 43 billion to EUR 45 billion in sales and 54 percent to 56 percent gross margin. Those ranges give investors a clear benchmark for the October 14 update.

Stock climbs before results

ASML Holding stock stood at EUR 1,653.00 on Euronext Amsterdam on October 2, 2026, with a daily gain of 3.51 percent. The stock's 52-week range was EUR 812.60 to EUR 1,741.00, market capitalization was EUR 613.3 billion and volume reached 685,710 shares.