ASML Holding: Stock Analysis and Forecast
Current Stock Price and Performance
As of April 5, 2024, ASML Holding (ASML) is trading at $2,614.274 on the Nasdaq (NSDQ) with a delayed data timestamp. In the past year, the stock has experienced a decline of 29.3%. The most recent trading session on March 22, 2024, ended with a closing price of $2,614.274, indicating a 1.45% decline from the previous day's close.
Analyst Estimates and Forecast
According to the Zacks Consensus Estimate, ASML is expected to post earnings of $2.85 per share for the current quarter, representing a year-over-year change of -46.3%. Over the past 30 days, the Zacks Consensus Estimate has remained unchanged. The consensus earnings estimate of $20.46 for the current fiscal year indicates a year-over-year change of -5%.
Based on 6 Wall Street analysts offering 12-month price targets for ASML, the average price target is $794.40, with a high forecast of $878.00 and a low forecast of $664.00.
Key Factors to Consider
It's important to note that analyst estimates and forecasts are subject to change and should not be taken as absolute predictors of future performance. Several factors can affect the near-term performance of ASML Holding's stock, including:
- Industry outlook: The semiconductor industry is expected to continue growing in the coming years, driven by the increasing demand for chips in various devices and applications.
- Company-specific factors: ASML's financial performance, its competitive landscape, and its technological advancements will influence its stock price.
- Economic and market conditions: Broader economic conditions, interest rate changes, and geopolitical events can impact the overall stock market and ASML's stock price.
- Analyst sentiment: Positive or negative analyst coverage can affect investor sentiment and stock prices.
Investors should conduct thorough research and consider these factors when making investment decisions.
Komentar