Several Wall Street investment banks maintain a bullish outlook on ASML, with analysts believing that there is still room for upward revision in future orders and revenue expectations.

BlockBeats News, July 16 – After ASML reported strong results in its latest financial statement and raised its guidance, multiple Wall Street institutions maintained an optimistic outlook, believing the lithography machine giant remains one of the most critical equipment suppliers in the AI semiconductor expansion cycle.

Bernstein maintained an Outperform rating for ASML with a target price of $2,623. The firm believes that ASML's order momentum and customer demand remain robust, especially for advanced process nodes, AI accelerators, HBM-related logic chips, and advanced wafer fab expansion, which continue to support demand for EUV and advanced lithography equipment.

Institutions such as Jefferies, UBS, Citi, and Cantor also provided positive interpretations of ASML's guidance. Some analysts believe the company's current capacity planning remains relatively conservative. If TSMC, Samsung, Intel, and memory manufacturers continue to lock in capacity in advance for AI demand in 2027 to 2028, there is still room for upward revision to ASML's subsequent order and revenue expectations. The market's focus has shifted from “whether there is AI demand” to “whether capacity can keep up.”