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Bernstein Raises PT on ASML Holding as the Company Updates 2026 Outlook

By Ali Hassan | February 02, 2026, 9:51 AM

ASML Holding N.V. (NASDAQ:ASML) is one of the 10 Hottest Stocks to Buy in 2026.

On January 29, TheFly reported that Bernstein analyst David Dai raised the price target on ASML Holding N.V. (NASDAQ:ASML) from $1,642 to $1,911. The analyst also maintained his Outperform rating on the stock.

Bernstein Raises PT on ASML Holding as the Company Updates 2026 Outlook

Dai believes ASML stock closed down despite strong Q4 2025 results, driven by concerns about capacity and margin, as well as profit-taking, creating a buying opportunity. ASML Holding N.V. reported record Q4 orders and updated its 2026 outlook. The company’s orders exceeded expectations amid growing chip market demand driven by the rollout of AI and data centers worldwide. The company recorded $15.8 billion in orders, exceeding Visible Alpha’s $7.56 billion estimate.

Year-to-date, ASML shares have surged over 32% and trade at 41 times the 2026 earnings forecast of $12.57 billion, as per LSEG data. Over the past year, through January 30, ASML Holding N.V. (NASDAQ:ASML) shares have gained almost 100%. Citi analyst points out the company’s record order intake and strong 2026 outlook as early signs of a strong upcycle. With a median price target of $1,622.50, ASML has an upside potential of more than 14%.

ASML Holding N.V. (NASDAQ:ASML) develops lithography solutions for advanced semiconductor equipment. The company manufactures extreme ultraviolet lithography systems and ultraviolet lithography systems, including immersion and dry lithography solutions, used in the manufacture of semiconductor nodes and technologies.

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: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy NOW 

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

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