BofA Reiterates Buy on ASML, €2,452 Price Objective
Bank of America reiterated a Buy rating and a €2,452 price objective on ASML (NASDAQ: ASML) on August 28, 2026, calling the stock a top pick.
“BofA analysts said the simultaneous de-rating of ASML alongside the re-rating of its peers ‘largely explains the stock’s significant underperformance over the past 12 months.’ They called the valuation gap ‘difficult to justify,’ citing consensus expectations for ASML to post the second-highest revenue growth among large-cap semicap peers, at a 27% compound annual growth rate versus a 22% average, and the strongest earnings growth, at 39% versus a 33% average.
BofA reiterated its Buy rating on ASML with a price objective of €2,452, saying its own estimates sit above consensus and that it continues to see ‘compelling value’ in the stock.”
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.
