ASML faced analyst rating reviews on December 17, 2025, with Bernstein Research downgrading the stock to 'Neutral' (Market-Perform) with a 800 Euro target, and Barclays maintaining an 'Equal Weight' rating with a 900 Euro target. This occurred as ASML's price closed lower at $1015.43 (-5.63%) on December 17, coinciding with a broader market sentiment shift where investors grew cautious about stretched AI valuations, which is highlighted in the market context for December 17, 2025.