Freedom Broker ASML

Freedom Broker Upgrades ASML to Buy

Analyst: Egor Tolmachev 1 min read Reproduced verbatim
Rating
Buy
from Hold
Target
$1,650
from $950 (+74%)
Outcome
Reached
on June 2, 2026
Freedom Broker and ASML logos

What the analyst said

Freedom Broker analyst Egor Tolmachev upgraded ASML (NASDAQ: ASML) from Hold to Buy with a price target of $1,650.00 (from $950.00).

“ASML delivered a broad-based Q1 FY26 beat and raised its full-year revenue guidance, reinforcing the AI-driven upcycle thesis while navigating an increasingly complex export-control environment.

Gross margin landed at the high-end of guidance on a favorable EUV mix and an installed-base contribution that meaningfully exceeded expectations.

The geographic and end-market composition shifted sharply toward memory and South Korea, reflecting the HBM-driven DRAM buildout cycle, while China’s share continued to normalize.

Q2 guidance came in modestly below consensus, but management’s tone was unambiguously constructive: memory customers are capacity- constrained through 2026 and beyond, non-EUV demand has reversed from flat to growing, and recently disclosed Samsung and SK Hynix mega-orders corroborate the multi-year EUV ramp.

On the technology front, the 1,000-watt EUV source demonstration at SPIE secures Low-NA extensibility through 2033.”

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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 $1,357. The 2 analysts who set a target in the last 3 months range from $2,100 to $2,350, with a median of $2,225. This $1,650 target is 26% below the median, the lowest on the Street.

Since the note ASML has moved −4% (from $1,411). 12-month window: day 202 of 365, closes on April 17, 2027.

Track record

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

Firm track recordToo early to score Freedom Broker: price targets are 12-month calls and fewer than 5 of its targets are a year old. 12 of its 26 open targets have already been reached. How we score

Freedom Broker on ASML

Freedom Broker price targets on ASML

2 calls from April 17, 2026 to August 4, 2026. The target went from $1,650 to $2,100 (+27%). The rating stayed Buy.

Freedom Broker targetASML share price
  1. August 4, 2026Target raised from $1,650 (+27%)Buy$2,100
  2. April 17, 2026 This noteEarliest call shownBuy$1,650
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Other analysts on ASML

JP MorganBuy Cut price target −2%, kept rating Oct 15 $2,350from $2,400 CitiBuy Raised price target, kept rating Oct 15 BarclaysBuy Raised price target, kept rating Oct 15 Bank of AmericaBuy Kept rating Oct 14 UBSBuy Kept rating Oct 14
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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.