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ASML Stock Dives 16% After Early Earnings Report and Revised 2025 Forecast
ASML shares fall as the company cuts its 2025 outlook
ASML (NASDAQ: ASML’s (ASML) stocks plunged more than 16% today as the company’s net revenues in Q4 plunged 16% y/y and net profit dropped 66% y/y. ASML’s Q3 2024 numbers were good: €3,052 million in revenue, 11.2percent year on year growth, and EPS of €5.28, both of which are above market expectations. CEO Christophe Fouquet said he’s seen less-than-expected growth in other segments except AI and suggested that key clients such as Intel and Samsung were being cautious.
The year 2025 revenue of the company ranges from €30 billion to €35 billion, it’s below the analyst’s expectation of €36.3 billion which explains the headwinds that continue to plague the semiconductor segment. Although there may be small declines in the short term, in the long run, this may be an attractive opportunity for investors to pick up shares of ASML because it is an industry leader.
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