UBS Lifts ASML Holding N.V. (ASML) Price Target Banking on AI-Led Memory Growth

ASML Holding N.V. (NASDAQ:ASML) is one of the high-growth semiconductor stocks that are profitable in 2025. On October 1, analysts at UBS reiterated a ‘Buy’ rating on the stock and increased the price target to EUR940.00 from EUR750.00.

The adjustment comes amid expectations that the company will deliver solid third-quarter results, which are expected to bolster the stock’s market sentiment. The research firm has already increased its earnings per share estimates for the stock by 15-10% for 2026 and 2027. The upgrade underscores the firm’s confidence that the company is well-positioned to capitalize on AI-led memory growth.

Additionally, UBS is confident about ASML Holdings’ prospects, owing to better-than-expected smartphone and PC sales that are driving sales for its products. UBS also expects favorable news flow for ASML over the next 12 months, which should support share price appreciation.

ASML Holding N.V. (NASDAQ:ASML) is a Dutch multinational company that designs, manufactures, and sells advanced equipment systems, primarily lithography machines, which are essential for the mass production of semiconductor chips used in all modern electronic devices. The company holds a dominant position in the global market, especially for extreme ultraviolet (EUV) lithography. This cutting-edge technology enables chipmakers to create smaller, faster, and more powerful chips.

While we acknowledge the potential of ASML as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 11 Best Nancy Pelosi Stocks to Buy Right Now and 12 Cheap AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.