ASML Tightens 2026 Guidance, Flags Supply Shortfall Through 2028
ASML sits 80% above its 52-week low of $946.11.
Summary
ASML raised the lower end of its 2026 sales guidance to €44B from €43B, keeping the top at €45B, and guided Q4 sales of €14.2–15.2B with ~57% gross margin. Management said AI-driven demand now exceeds planned supply for both 2027 and 2028, and the company is exploring capacity expansion beyond the previously communicated 30% increase for 2028. Customers are already discussing orders for 2029 and 2030, and completed price negotiations with major customers will start showing financial impact in 2027. The tighter range and multi-year demand visibility signal stronger confidence, but execution on capacity remains the key constraint.
At the time of this announcement, ASML was trading at $1,703.63 on NASDAQ in the Technology sector, with a market capitalization of approximately $645.7B. The 52-week trading range was $946.11 to $1,999.96. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Benzinga.