Barclays keeps Buy on ASM stock with EUR 1,300 target

Published on 10/09/2026 at 11:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

ASM reported EUR 1.00 billion revenue in the second quarter, up 24.00 percent constant currency. ASM stock costs EUR 896.30 on October 9, 2026 versus EUR 885.80.

Key points in brief

Barclays maintained a Buy rating on ASM International and set a EUR 1,300.00 price target on October 6, 2026.
ASM reported EUR 1.00 billion of revenue in the second quarter of 2026, with constant-currency growth of 24.00 percent.
ASM stock was trading at EUR 896.30 at Lang & Schwarz on October 9, 2026, up 1.19 percent versus EUR 885.80.
ASM's third-quarter 2026 results are scheduled for October 27, 2026, followed by its conference call on October 28, 2026.

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ASM International (NL0000334118) has a EUR 1,300.00 price target from Barclays, which maintained its Buy rating on October 6, 2026, according to Markets Insider. The target lies 45.04 percent above ASM's EUR 896.30 Lang & Schwarz price on October 9, 2026.

Q2 revenue sets the benchmark

ASM generated EUR 1.00 billion of revenue in the second quarter of 2026, while constant-currency revenue rose 24.00 percent year over year, according to De Belegger on October 4, 2026. The same report put the gross margin at 51.90 percent and adjusted operating margin at 33.00 percent for that quarter.

The figures give the target a measurable operating backdrop. ASM is selling deposition equipment for advanced wafer processing, with atomic layer deposition and silicon epitaxy among its central technologies.

What does the target imply?

Barclays' EUR 1,300.00 target is 45.04 percent above the Lang & Schwarz reference price, while the current quote remains below the 52-week high of EUR 1,092.50. The comparison frames the analyst view as a valuation expectation rather than a description of current trading.

Three dated company markers

On September 14, 2026, ASM completed a EUR 150.00 million share buyback after repurchasing 185,522 shares, according to MarketScreener. On September 22, 2026, ASM launched XP8 Vertos Flowable Carbon for three-dimensional chip scaling, as reported by StockTitan. On October 6, 2026, Barclays maintained Buy and set the EUR 1,300.00 target.

Next dates are October 27 and 28

Globenewswire reported on October 6, 2026, that ASM will publish third-quarter 2026 results on October 27, 2026. The company scheduled its earnings conference call and webcast for October 28, 2026.

Stock trades above prior close

ASM stock was trading at EUR 896.30 at Lang & Schwarz on October 9, 2026 at 11:51 a.m. CEST, plus 1.19 percent versus the prior close of EUR 885.80 on October 8, 2026. The 52-week range is EUR 459.70 to EUR 1,092.50, while market capitalization is EUR 43.9 billion as of October 9, 2026.

The further course of trading is shown by the continuously updated real-time quote of ASM stock.