ASML Holding (ASML) stock surged following strong earnings, with a potential +1.3% increase in both short and long-term forecasts.
Stock AI’s forecasts:
🟢 +1.3% short-term ⬆️
🟢 +1.3% long-term ⬆️
Stock AI’s (ASML) Forecast get (+16.2% Profit)
StockAI’s analysis delivers real-world results. On 25 April 2024, $ASML ($902.5), StockAI predicted a long-term 🟢 buy signal. It was accurate: 1 month later price increased to $1048.6 (🟢16.2%). Buying ASML on this signal yielded a +16.2% profit 💰💰.
ASML-ASML Holding N.V. News
🟢 ASML reached $1,052.61, reflecting a +1.08% change compared to its last close, sparked by Nvidia’s strong earnings and revenue guidance.
🔴 NBC Securities Inc. downgraded ASML to a “Moderate Buy” rating, potentially impacting investor confidence.
🟢 Evoke Wealth LLC bought 315 shares of ASML, indicating positive sentiment towards the semiconductor company.
🔴 Merit Financial Group LLC decreased its stake in ASML by 14.3%, potentially signaling a lack of confidence in the stock.
🟢 Hilltop Holdings Inc. acquired 421 shares of ASML, showing increased interest in the semiconductor company.
🔴 Commonwealth Equity Services LLC reduced its holdings in ASML by 3.5%, possibly leading to a slight decrease in the stock price.
ASML Holding N.V. has recently experienced a mix of positive and negative news that may impact its stock price in the short and long term. The company’s stock reached $1,052.61, reflecting a +1.08% change due to strong earnings and revenue guidance from Nvidia, which sparked a surge in tech stocks. This positive news could lead to a short-term forecast of +1.3%. However, NBC Securities Inc. downgrading ASML to a “Moderate Buy” rating may have a negative impact on investor confidence and potentially lead to a slight decrease in the stock price.
On the positive side, Evoke Wealth LLC bought 315 shares of ASML, indicating a positive sentiment towards the company, while Hilltop Holdings Inc. acquired 421 shares, showing increased interest in the semiconductor company. These actions could contribute to a long-term forecast of +1.3%. Conversely, Merit Financial Group LLC’s reduction in stake by 14.3% and Commonwealth Equity Services LLC’s 3.5% decrease in holdings may lead to a slight decrease in the stock price as investors adjust their positions.
Overall, the recent news surrounding ASML Holding N.V. suggests a mix of positive and negative impacts on the stock price, with potential fluctuations in the short and long term based on investor sentiment and market conditions.
ASML-ASML Holding N.V. Analyst Ratings
📉 Credit Suisse analysts downgraded their rating on ASML Holding N.V. (NASDAQ:ASML) stock from Outperform to Neutral with a target price of $1100.
📉 UBS Group analysts lowered their rating on ASML Holding N.V. (NASDAQ:ASML) stock from Buy to Hold and maintained a target price of $1050.
📈 Goldman Sachs analysts upgraded their rating on ASML Holding N.V. (NASDAQ:ASML) stock from Neutral to Buy and increased the target price from $1000 to $1200.
Sources:
1. Yahoo Finance
2. Benzinga
3. ETF Daily News
4. ETF Daily News
5. ETF Daily News
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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