UBS Lists ASML as Top Pick, Expects Nearly 50% Rise in the Stock Over the Next Year
8 hour ago / Read about 0 minute
Author:小编   

UBS has designated ASML as its top pick, forecasting a nearly 50% increase in its stock price over the next 12 months, with the target price raised to €1,900, the highest in the market. The bullish outlook is based on increased memory demand, growth in technology investments, and ASML's ability to achieve faster profit growth as companies build computing power to meet the demands of advanced AI technologies. UBS believes that ASML's expected price-to-earnings ratio for 2027 is 26 times, lower than the average 12-month P/E ratio of 30 times, making it one of the companies with an attractive risk/reward ratio in the European semiconductor industry.