Wells Fargo Raises ASML Price Target to $1,650

January 29, 2026 Analyst: Joseph Quatrochi 1 min read Reproduced verbatim
Rating
Buy
Target
$1,650
from $1,450 (+14%)
Outcome
Reached
on June 2, 2026
Wells Fargo and ASML logos

What the analyst said

Wells Fargo analyst Joseph Quatrochi raised the price target on ASML (NASDAQ: ASML) to $1,650.00 (from $1,450.00) while maintaining an Overweight rating.

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The price target and rating on this page are the opinion of the issuing research firm and its analyst, not of Price Target. This page is published for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any security. Past performance does not guarantee future results. Consider your own circumstances and consult a licensed financial adviser before making investment decisions.

This research note is reproduced verbatim from the issuing firm. Price Target never edits, paraphrases or alters analysts’ words — we only republish them in one place.

Where the price stands

ASML trades at $1,642. The 3 analysts who set a target in the last 3 months range from $2,100 to $2,350, with a median of $2,100. This $1,650 target is 21% below the median, the lowest on the Street.

Since the note ASML has moved +15% (from $1,423). 12-month window: day 261 of 365, closes on January 29, 2027.

Track record

This call✓ Target reached on June 2, 2026, 4 months after the note.

Firm track recordWells Fargo: 67% of its 21 targets at least a year old were reached within 12 months (#24 of 28 firms). Accuracy ranking →

Earnings reactionOne of 4 notes after ASML’s Jan 28 results: 3 of 4 raised targets. See every call →

Wells Fargo on ASML

Wells Fargo price targets on ASML

5 calls from January 15, 2026 to July 16, 2026. The target went from $1,450 to $2,500 (+72%). The rating stayed Buy.

Wells Fargo targetASML share price
  1. July 16, 2026Target raised from $2,200 (+14%)Buy$2,500
  2. June 22, 2026Target raised from $1,750 (+26%)Buy$2,200
  3. April 16, 2026Target raised from $1,650 (+6%)Buy$1,750
  4. January 29, 2026 This noteTarget raised from $1,450 (+14%)Buy$1,650
  5. January 15, 2026Earliest call shownBuy$1,450
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Price Target is an archive of Wall Street analyst research, published for informational purposes only. Nothing on this site is investment advice, a recommendation, or an offer to buy or sell any security. Analyst ratings and price targets are the opinions of the issuing firms, not of Price Target. Always do your own research or consult a licensed financial adviser.