ASML repurchases €126.8M shares and sees price targets rise after €13.2B bookings
ASML repurchased 105,800 shares between Feb 9–13 at weighted average prices of €1,192.93–€1,207.88, spending €126.8M under its January buyback program. Bernstein lifted its price target to $1,911 and RBC to $1,625 after record Q4 net bookings of €13.2B outpaced €8–10B estimates.
1. Share Buyback Transactions
ASML conducted repurchases of approximately 105,800 shares between February 9 and 13 under its January 28 buyback program at weighted average prices of €1,192.93 to €1,207.88, spending about €126.8 million.
2. Record Q4 Bookings And Price Target Increases
The company reported record fourth-quarter net bookings of €13.2 billion, well above €8–10 billion expectations, prompting Bernstein to raise its price target to $1,911 and RBC Capital to lift its target to $1,625, both with Outperform ratings.
3. Demand Drivers And Outlook
Strong AI-driven demand for DRAM and advanced logic lithography machines has offset slower Chinese market sales, supporting forecasts of double-digit revenue growth into fiscal 2027 supported by tight DRAM supply, advanced node adoption and renewed foundry competition.