ASML Forecasts Steady 2026 Sales, Gains From AI Demand Despite China Challenges

Benzinga

ASML reaffirmed 15% 2025 sales growth and said 2026 revenue won’t drop below this year’s levels. Despite weaker China demand ahead, AI-driven chip orders and analyst upgrades lifted shares 3.5%, up 24% YTD.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:02ASML said it does not expect 2026 sales to fall below 2025 levels and release a fuller outlook in January, according to CNBC.

00:10The company reaffirmed its 2025 forecast for 15% annual sales growth and a gross margin of about 52%.

00:16ASML's third quarter orders reached 5.4 billion euros, driven by strong AI-related demand.

00:22CEO Christophe Fouquet cautioned that sales and customer demand in China

00:26are expected to drop sharply next year compared to 2024 and 2025.

00:31Analyst Ben Barringer said potential U.S. restrictions on China are concerning,

00:35noting that ASML's 2026 guidance adds stability.

00:38The investor focus now shifting towards 2027.

00:41Analysts for Morgan Stanley, UBS, and Jefferies recently upgraded ASML,

00:45citing global foundry expansion and strong AI chip demand.

00:49Shares rose 3.5% on Wednesday and are up 24% so far this year.

00:53For all things money, visit Benzinga.com.

00:57Listen to that.

00:57Check it out.

00:59slut.

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