Should you buy ASML (ASML) stock in 2024?

Near-term lumpiness in bookings has weighed on ASML stock, but investors should focus on the bigger picture. ASML Holding ( ASML 3.17%) has been rising steadily on the stock market in 2024, but its rally came to a halt as investors pressed the panic button following the release of the company's first-quarter 2024 results on April 17.

What is a good price target for ASML?

Better trading starts here. Based on short-term price targets offered by eight analysts, the average price target for ASML comes to $1,154.75. The forecasts range from a low of $949.00 to a high of $1,300.00.

Why are ASML shares falling?

Shares of ASML Holding (ASML) and other semiconductor stocks are falling Wednesday morning in response to a Bloomberg report outlining the Biden administration's plans for stricter trade regulations o... Demand for machines used to build computer chips is likely to increase due to the boom in demand for generative artificial intelligence.