8/102 sources · 2 publishersUpdated Oct 20, 17:16 UTC
ASML guides Q4 sales to $14.2‑$15.2 billion, up 26% sequentially
ASML reported shares at $1,669.63, a 1.7% rise, and issued fourth‑quarter sales guidance of $14.2 billion to $15.2 billion, representing a 26% increase from the third quarter. Citi lifted its price target to $2,300 while keeping a Buy rating. Management warned that capacity constraints could limit supply through 2028.
Why it matters
The higher sales outlook may boost revenue expectations for investors, while the raised price target signals analyst confidence. However, the noted capacity constraints could pressure margins if demand outpaces supply.
Key facts
- 1Shares were $1,669.63, up 1.7%, as of about 12:54 p.m. ET on October 19. finance.yahoo.com
- 2Fourth‑quarter sales guidance was $14.2 billion to $15.2 billion, a 26% sequential increase. finance.yahoo.com
- 3Citi raised its price target to $2,300, maintaining a Buy rating. finance.yahoo.com
- 4Management said capacity constraints could limit supply through 2028. finance.yahoo.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.