尽管 ASML 今年是 Euro Stoxx 50 Index 中表现第二佳的公司，但其涨幅落后于价值几乎翻倍的更广泛半导体股票篮子。尽管如此，ASML 自 9 月超越 SAP SE 以来，已巩固其作为欧洲最大上市公司的地位。其目前的市场估值已超过接下来两家最大欧洲公司 HSBC Holdings Plc 和 Roche Holding AG 的市值总和。
最近的股价上涨源于华尔街分析师对 ASML 向 Taiwan Semiconductor Manufacturing Co. 和 Samsung Electronics Co. 等主要客户交付先进微影系统能力的看好前景。尽管投资者对生产速度表示担忧，JPMorgan Chase & Co. 分析师在周三调高了其目标价，表示投资者低估了 ASML 未来两年的设备销售潜力，而 UBS Group AG 则将该股列为首选。
ASML Holding NV has become Europe’s most valuable company in history following a 60% year-to-date stock surge driven by artificial intelligence demand. On Wednesday, the Dutch chipmaking equipment manufacturer saw its shares rise by up to 2.3%, reaching a record market capitalization equivalent to $674 billion. This milestone surpassed the previous record set by Danish pharmaceutical giant Novo Nordisk A/S in June 2024.
While ASML ranks as the second-best performer in the Euro Stoxx 50 Index this year, its gains lagged behind a broader basket of semiconductor stocks that has nearly doubled in value. Nonetheless, ASML has consolidated its position as Europe’s largest listed company since overtaking SAP SE in September. Its current market valuation now exceeds the combined market capitalization of the next two largest European firms, HSBC Holdings Plc and Roche Holding AG.
The recent stock appreciation followed bullish outlooks from Wall Street analysts regarding ASML’s capacity to deliver advanced lithography systems to major clients like Taiwan Semiconductor Manufacturing Co. and Samsung Electronics Co. Despite investor concerns over production speed, JPMorgan Chase & Co. analysts upgraded their price target on Wednesday, stating that investors underestimate ASML's potential tool sales for the next two years, while UBS Group AG named the stock a top pick.