LRCX - ASML Remains Top Pick In EU Semicaps Analyst Highlights Key Role In AI Infrastructure And Multiple Expansion | Benzinga
BofA Securities analyst Didier Scemama reiterated a Buy rating on ASML Holding N.V. (NASDAQ:ASML) with a price target of 1,302 euros ($1,406), up from 1,156 euros ($1,213).
Scemama raised his revenue and EPS estimates for calendar years 2025 and 2026 by 6%- 9%, reflecting higher confidence in higher demand for EUV tools and higher gross margin (54.9% vs. 54.7% prior).
The analyst’s new calendar year 2025 and 2026 revenue estimates are 10%- 7% above consensus, while his EPS estimates are 15%- 9% above consensus.
ASML remains Scemama’s top pick in EU Semicaps. The price target change reflects the multiple expansion of the sector and the value of AI scarcity in ...