ASML stock slips 4.3% as revenue and guidance stay strong
Published on 08/19/2026 at 07:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
ASML Holding N.V. (NL0010273215) stock fell 4.3% to $1,802.98 on August 18, 2026, after trading as low as $1,775.70 and changing hands on 1,509,254 shares. Market value stood at $717.55 billion, keeping the Dutch chip-equipment leader in a high-valuation lane even after the pullback.
The move came with a sharply lower intraday tone, but the company's June 2026 numbers still point to a business with strong operating momentum. ASML reported second-quarter sales of €9.326 billion, net income of €2.918 billion and gross margin of 53.7%, while lifting full-year 2026 sales guidance to €43 billion to €45 billion and gross margin guidance to 52% to 53%.
Guidance still frames the story
That guidance compares with the company's earlier 2026 outlook and leaves a wide sales band in place for the rest of the year. The June quarter also produced earnings per share of €7.58 versus an estimate of €6.90, a 9.9% surprise that shows the business is still beating consensus on profitability.
Consensus estimates on the screen remain constructive. Analysts tracked by Yahoo Finance currently point to third-quarter 2026 revenue of €11.66 billion and earnings per share of €10.58, both higher than the year-ago base of €7.52 billion in revenue and €5.49 in EPS for the same quarter comparison.
Valuation holds the spotlight
ASML's latest close also sits well above its 200-day moving average of $1,571.25 and just below its 52-week high of $1,999.96. The stock's 50-day moving average was $1,784.33, leaving the most recent close only a little above that shorter trend line.
The comparison matters because the stock still trades on a rich multiple even after the drop. The WSJ market-data page showed a trailing P/E of 56.13 and a public-float-adjusted market capitalization of $717.55 billion at the August 18, 2026 close.
EUV stays central
ASML's business still rests on the same core product family: extreme ultraviolet lithography systems used to make the most advanced chips. Those tools, along with deep ultraviolet machines, service contracts and upgrades, are what translate customer fab spending into revenue.
The June 2026 report suggests that demand for that equipment remains intact even as the share price reacts to wider semiconductor sentiment. With revenue at €9.326 billion and net income at €2.918 billion in the quarter, the product cycle still looks better than the tape.
Price and market view
ASML stock closed at $1,802.98 on August 18, 2026, after a 4.26% decline, with after-hours trading at $1,791.12. The combination of a $717.55 billion market cap, a 56.13 trailing P/E and a June-quarter beat gives investors a clear contrast between near-term share-price pressure and still-strong reported fundamentals.
Investor relations
Company: ASML Holding N.V.
ISIN: NL0010273215
Ticker: ASML
Exchange: Nasdaq
Price (as of August 18, 2026, 4:00 p.m. ET): $1,802.98 USD
Market cap: $717.55 billion (as of August 18, 2026)
Sector / Industry: Semiconductors / Technology Equipment
More on ASML stock
ASML's lithography systems remain the company's anchor for advanced-chip manufacturing, and the latest quarter showed that the equipment cycle is still producing large revenue and profit numbers. The market is now weighing that operating strength against valuation and broader sector volatility.
