ASML (ASML) Stock Sinks As Market Gains: What You Should Know

In the latest trading session, ASML (ASML) closed at $1,646.19, marking a -2.15% move from the previous day. This change lagged the S&P 500's 1.06% gain on the day. At the same time, the Dow added 1.18%, and the tech-heavy Nasdaq gained 1.4%.

Shares of the equipment supplier to semiconductor makers have appreciated by 0.24% over the course of the past month, underperforming the Computer and Technology sector's gain of 3.99%, and the S&P 500's gain of 2.46%.

Analysts and investors alike will be keeping a close eye on the performance of ASML in its upcoming earnings disclosure. The company's earnings report is set to go public on October 14, 2026. On that day, ASML is projected to report earnings of $12.59 per share, which would represent year-over-year growth of 96.41%. Our most recent consensus estimate is calling for quarterly revenue of $13.18 billion, up 49.99% from the year-ago period.

For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $44.99 per share and a revenue of $50.29 billion, representing changes of +60.97% and +36.04%, respectively, from the prior year.

Additionally, investors should keep an eye on any recent revisions to analyst forecasts for ASML. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.

Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.

The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.68% higher. Currently, ASML is carrying a Zacks Rank of #3 (Hold).

Valuation is also important, so investors should note that ASML has a Forward P/E ratio of 37.39 right now. This signifies a premium in comparison to the average Forward P/E of 30.67 for its industry.

Meanwhile, ASML's PEG ratio is currently 0.83. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Semiconductor Equipment - Wafer Fabrication industry currently had an average PEG ratio of 0.83 as of yesterday's close.

The Semiconductor Equipment - Wafer Fabrication industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 11, this industry ranks in the top 5% of all industries, numbering over 250.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.

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This article originally published on Zacks Investment Research (zacks.com).

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