BofA raises target for ASML Holding stock to EUR 2,557.00

Published on 10/07/2026 at 09:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

BofA raised 2028 revenue to EUR 76.5 billion. ASML Holding stock cost EUR 1,620.40 on October 7, 2026 versus EUR 1,628.70.

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ASML Holding (NL0010273215) faces a higher valuation bar after BofA Securities raised its price target from EUR 2,452.00 to EUR 2,557.00 on October 6, 2026, while maintaining a Buy rating, according to Investing.com. The target lies 57.80 percent above the Lang & Schwarz price of EUR 1,620.40 on October 7, 2026.

BofA lifts the 2028 revenue case

BofA raised its calendar-year 2028 revenue estimate to EUR 76.5 billion from EUR 70.4 billion, an increase of 8.66 percent, according to the October 6, 2026 report. Its earnings-per-share estimate for the same year rose 13.00 percent to EUR 85.20 from EUR 75.40, keeping the forecast comparison tied to the same period and estimate type.

The revised model also lifts BofA's EUV unit forecast to 120 from 110 and its dry-lithography unit forecast to 210 from 190. The report says higher average selling prices support the change, while 2.50 percent higher input costs provide a counter-factor.

Results date adds a near-term test

ASML's investor page lists October 14, 2026, for its third-quarter 2026 results and identifies Euronext Amsterdam as the main venue for its ordinary shares, with Nasdaq also used for trading, according to ASML. The company reported historical fiscal-year 2025 total net sales of EUR 32.7 billion and a 52.80 percent gross margin on the same investor page.

That reporting date gives investors a concrete checkpoint for the higher estimates. BofA's revised 2028 revenue figure is 2.34 times ASML's fiscal-year 2025 sales, but the comparison spans a reported year and a forward estimate rather than two actual reporting periods.

ASML stock stays below the new target

ASML stock was trading at EUR 1,620.40 at Lang & Schwarz on October 7, 2026 at 9:33 a.m. CEST, down 0.51 percent versus the prior close of EUR 1,628.70 on October 6, 2026. The intraday move is smaller than the 57.80 percent gap to BofA's target, so the October 14 results date is the next visible test of the valuation case. The further course of trading is shown by the continuously updated real-time quote of ASML Holding stock.