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ASML set for 53% sales growth in Q3 with strong bookings amid AI boom, maintaining buy rating.

Company Fundamentals
07 Oct 2026
Seeking Alpha
View Source
Bullish
ASML set for 53% sales growth in Q3 with strong bookings amid AI boom, maintaining buy rating.

ASML is expected to achieve 53% year-over-year sales growth in Q3, supported by robust bookings and expanding production capacity. The company benefits from strong demand driven by AI infrastructure investments from major clients like TSMC, Samsung, and Intel. Analysts remain positive on ASML's outlook, citing its dominant market position and potential undervaluation based on forward growth metrics. This solid growth and monopoly-like status justify maintaining a buy rating for the stock.

Following the upbeat Q3 growth outlook for ASML, the stock is trading at USD 1,808.24 on Pluang as of Oct 08, 2026 10:21 WIB, showing a 1.41% decline in the past day. Despite this slight dip, investor sentiment leans positive with 78% of order activity on Pluang being buys. ASML's market cap stands at $705.00 billion, reflecting its significant presence in the technology sector.

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