ASML Target Raised to $1,643, Fueled by Long-Term AI Growth

An analyst reiterated a Buy rating for ASML and raised the price target to $1,643.21.

EBITDA estimates for 2026-2028 increased by 7.2%. Free cash flow projections for the same period rose by 6%.

Recent Middle East geopolitical turmoil did not trigger downward revisions to revenue or earnings per share. Growth remains driven by high demand within the artificial intelligence sector.

The company maintains a robust order backlog and a strong net cash position.