ASML | 02 June 2024 | AI Stock Analysis & News

Strong earnings from Nvidia boost tech stocks, ASML Holding N.V. stock forecasted to increase by 1.3% in the short-term and 1.4% in the long-term.

Stock AI’s forecasts:
🟢 +1.3% short-term ⬆️
🟢 +1.4% long-term ⬆️

Stock AI’s (ASML) Forecast get (+15.0% Profit)


StockAI’s analysis delivers real-world results. On 21 March 2024, $ASML ($1003.4), StockAI predicted a long-term 🔴 sell signal. It was accurate: 1 month later price dropped to $852.4 (🔴-15.0%). Selling ASML on this signal yielded a +15.0% profit 💰💰.

ASML-ASML Holding N.V. News


🟢 Strong earnings and revenue guidance from Nvidia sparked a tech stock surge, with Nasdaq 100 and S&P 500 hitting record highs.
🔴 NBC Securities Inc. lowered its position in shares of ASML Holding by 18.8% during the fourth quarter.
🟢 Hilltop Holdings Inc. acquired a new stake in shares of ASML Holding in the fourth quarter.
🔴 Merit Financial Group LLC cut its stake in ASML Holding by 14.3% in the 4th quarter.
🟢 Kingsview Wealth Management LLC grew its holdings in shares of ASML Holding by 27.8% in the 4th quarter.
🔴 Congress Wealth Management LLC DE lessened its holdings in ASML Holding by 2.6% during the 4th quarter.

ASML Holding N.V. stock has been experiencing a mix of positive and negative news recently. The strong earnings and revenue guidance from Nvidia has sparked a surge in tech stocks, which could have a positive impact on ASML’s stock price. However, the news of NBC Securities Inc. lowering its position in ASML Holding may have a negative impact on the stock price. On the other hand, the acquisition of a new stake by Hilltop Holdings Inc. and the increase in holdings by Kingsview Wealth Management LLC could potentially boost the stock price. It’s important for investors to monitor these developments closely to make informed decisions about their investments in ASML Holding N.V.

ASML-ASML Holding N.V. Analyst Ratings


Analyst Ratings for ASML Holding N.V. Stock:

📈 Barclays analysts upgraded their rating on ASML Holding (NASDAQ:ASML) stock from Equal Weight to Overweight and set a target price of $1,000.
📉 Credit Suisse analysts downgraded their rating on ASML Holding (NASDAQ:ASML) stock from Outperform to Neutral and lowered the target price from $1,050 to $950.
📈 UBS analysts raised their rating on ASML Holding (NASDAQ:ASML) stock from Neutral to Buy and increased the target price from $980 to $1,100.

Sources:
1. MarketWatch
2. Nasdaq
3. The Motley Fool
4. Bloomberg
5. Reuters

Disclaimer


Investors may consider the AI predictions and news summaries as one factor in their investment decisions alongside their own research and risk tolerance.

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