On July 14, ASML rose 3.81% in regular trading, trading at $1,770.33/share, with turnover of $8.09 billion. The stock rebounded sharply after recent weakness, driven by a major analyst upgrade and broad semiconductor equipment sector strength ahead of its Q2 earnings report.

On the news front, RBC Capital Markets raised its price target on ASML from $1,700 to $2,000, maintaining an Outperform rating. RBC cited robust generative AI investment, tight DRAM supply, and intensifying competition among leading-edge foundry customers as key drivers of strong EUV demand. The brokerage expects supply tightness to persist for two to three years, and raised its 2027 EUV shipment forecast to approximately 90 low-NA systems from a prior estimate of over 80 units. Additionally, ASML is scheduled to report Q2 earnings on July 15, with market consensus expecting revenue of approximately 88.3 billion euros. Multiple institutions anticipate the company may raise its full-year sales guidance for the second time this year.

Within the Semiconductor Equipment sector, Applied Materials rose 3.61%, Lam Research rose 5.09%, KLA-Tencor rose 3.51%, AXT Inc rose 8.32%, and Teradyne rose 5.11%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)