Citi raises target to EUR 2,300 for ASML Holding stock

Published on 10/19/2026 at 10:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter sales reached EUR 11.66 billion at a 57.50 percent margin. ASML Holding stock costs EUR 1,491.70 on October 19, 2026, 1.09 percent above Xetra close.

Capacity and valuation update

Citi raised its ASML target to EUR 2,300 on October 15, 2026.
Third-quarter sales reached EUR 11.662 billion at a 57.50 percent gross margin.
ASML Holding stock trades at EUR 1,491.70 at 10:17 a.m. CEST at Lang & Schwarz on October 19, 2026, 1.09 percent above the Xetra close of October 16, 2026.
The interim dividend is payable on November 4, 2026.

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ASML Holding (ISIN NL0010273215) is trading at EUR 1,491.70 at Lang & Schwarz on October 19, 2026, at 10:17 a.m. CEST, 1.09 percent above the Xetra close of October 16, 2026 at EUR 1,475.60. On October 15, 2026, Citi raised its price target for ASML Holding from EUR 2,200 to EUR 2,300 while maintaining a Buy rating, according to Price Target.

Results reset the earnings bar

ASML's third-quarter results gave the valuation case a stronger operating foundation. In its October 14, 2026 release, ASML reported total net sales of EUR 11.662 billion, up from EUR 9.326 billion in the second quarter, while gross margin increased from 54.00 percent to 57.50 percent.

Net income reached EUR 4.960 billion in the third quarter, compared with EUR 2.918 billion in the second quarter. Basic earnings per share rose from EUR 7.59 to EUR 12.95, and installed-base management sales reached EUR 3.289 billion.

What does the target imply?

Citi's EUR 2,300 target lies 54.18 percent above the Lang & Schwarz price. The comparison matters because ASML expects full-year 2026 sales of EUR 44 billion to EUR 45 billion and a gross margin of about 56 percent, while fourth-quarter sales are guided to EUR 14.2 billion to EUR 15.2 billion with a gross margin of about 57 percent, as stated in the company's October 14 release.

Three dated signals for ASML

The sequence began with ASML's October 14, 2026 third-quarter sales of EUR 11.662 billion. Citi then raised its target to EUR 2,300 on October 15, 2026. The October 19, 2026 Lang & Schwarz quote stands at EUR 1,491.70, 1.09 percent above the October 16 Xetra close.

Dates investors can track

ASML's interim dividend of EUR 1.88 per ordinary share is payable on November 4, 2026. The next scheduled quarterly and full-year results are set for January 27, 2027, according to ASML.

Valuation meets capacity pressure

ASML's market capitalization is EUR 575.9 billion as of October 19, 2026, and its 52-week range is EUR 822.90 to EUR 1,739.40. The company said customers are interested in placing orders for 2029 and 2030, while planned supply for 2027 and 2028 will not fully meet customer demand.

ASML was trading at EUR 1,491.70 at Lang & Schwarz on October 19, 2026, at 10:17 a.m. CEST, 1.09 percent above the Xetra close of October 16, 2026 at EUR 1,475.60. The further course of trading is shown by the continuously updated real-time quote of ASML Holding stock.

ASML Holding stock facts

Company: ASML Holding N.V.
ISIN: NL0010273215
WKN: A1J4U4
Ticker: ASML
Primary exchange: Euronext Amsterdam
Price Lang & Schwarz (as of October 19, 2026, 10:17 a.m. CEST): EUR 1,491.70
Change versus Xetra close: plus 1.09 percent
Xetra close (October 16, 2026): EUR 1,475.60
Market capitalization: EUR 575.9 billion (as of October 19, 2026)
52-week range: EUR 822.90-EUR 1,739.40 (as of October 19, 2026)
Sector / Industry: Technology / Semiconductors