ASML raises 2026 outlook: ASML Holding stock falls 2.73 percent
Published on 10/20/2026 at 10:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSResults and valuation signals
- ASML reported EUR 11.66 billion in Q3 2026 sales and a 57.50 percent gross margin on October 14, 2026.
- UBS raised its target from EUR 2,350.00 to EUR 2,400.00 in a study dated October 14, 2026.
- ASML Holding stock trades at EUR 1,445.00 at 10:03 a.m. CEST at Lang & Schwarz on October 20, 2026, 2.73 percent below the Xetra close of October 19, 2026.
ASML Holding (ISIN NL0010273215) was trading at EUR 1,445.00 at Lang & Schwarz on October 20, 2026 at 10:03 a.m. CEST, 2.73 percent below the Xetra close of October 19, 2026 at EUR 1,485.60. The company had raised its 2026 sales outlook after third-quarter results, according to ASML on October 14, 2026.
Results lift the 2026 outlook
ASML reported EUR 11.662 billion in total net sales for the third quarter of 2026, up from EUR 9.326 billion in the second quarter. Net income rose to EUR 4.960 billion from EUR 2.918 billion, while the gross margin increased to 57.5 percent from 54.0 percent, according to the company release.
The outlook points to a larger fourth quarter. ASML expects total net sales of EUR 14.2 billion to EUR 15.2 billion and full-year 2026 sales of EUR 44 billion to EUR 45 billion. Reuters reported on October 14, 2026 that customers were discussing equipment orders for 2029 and 2030, while planned supply for 2027 and 2028 may not meet demand.
Three dates shape the stock story
On October 14, 2026, ASML reported EUR 11.662 billion in third-quarter sales; on October 15, 2026, UBS lifted its price target from EUR 2,350.00 to EUR 2,400.00; on October 20, 2026, the Lang & Schwarz quote stood at EUR 1,445.00. The results were covered by ASML, while Boersen-Zeitung carried the UBS target change.
What comes next for ASML demand?
The central issue is capacity rather than immediate demand. Reuters said ASML was examining further expansion after the company had previously communicated a 30 percent capacity increase for 2027 and another 30 percent increase for 2028. That creates a clear tension between strong orders and the pace at which systems can be delivered.
Upcoming dates carry two figures
ASML's next scheduled quarterly and full-year results are due on January 27, 2027, according to the investor calendar. The company release also said an interim dividend of EUR 1.88 per ordinary share would be payable on November 4, 2026. For investors, the next report will test whether the EUR 14.2 billion to EUR 15.2 billion fourth-quarter sales range can be delivered.
Stock trades below its Xetra close
The current euro quote places ASML Holding 2.73 percent below the prior Xetra reference, despite the stronger 2026 sales outlook and the UBS target increase. The market is weighing longer-term demand visibility against capacity execution and valuation risk.
ASML Holding was trading at EUR 1,445.00 at Lang & Schwarz on October 20, 2026 at 10:03 a.m. CEST, 2.73 percent below the Xetra close of October 19, 2026 at EUR 1,485.60. 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 20, 2026, 10:03 a.m. CEST): EUR 1,445.00
- Change versus Xetra close: minus 2.73 percent
- Xetra close (October 19, 2026): EUR 1,485.60
- Industry: Semiconductor equipment and services
Market context: Market report AEX.
