ASML Holding NV ADR (ASML.US) post-earnings stock price plunges, Evercore ISI calls "buy on the dip."

Evercore ISI indicates that ASML Holding NV ADR (ASML.US) saw a decrease in stock price after announcing its second quarter financial results, providing a buying opportunity. Evercore ISI maintains an "outperform" rating for ASML Holding NV ADR listed on the Amsterdam Stock Exchange, with a target price of 803 euros, approximately 14% higher than the closing price on July 15. Analyst Mark Lipacis from Evercore ISI stated, "Given that ASML Holding NV ADR's price-to-earnings ratio has compressed by 35% to 40% in the past 9 months, we believe that the weak performance expectations are already reflected in the stock price, making it a good time to buy on the dip." Lipacis mentioned that ASML Holding NV ADR's management expects a potential decline in gross margin in the second half of the year due to lower revenue recognition from high numerical aperture technology and decreased upgrade services mix. He also noted that while ASML Holding NV ADR is still on track to achieve its revenue target for 2025 (median of 32.5 billion euros), there is more uncertainty surrounding the prospects for 2026. However, Lipacis added that ASML Holding NV ADR's management has stated that the demand for artificial intelligence has been strong this year, driving growth in the contract logic and DRAM markets. Data shows that the Dutch chip equipment manufacturer ASML Holding NV ADR had a strong second quarter performance, with total revenue of 7.7 billion euros and net profit of 2.3 billion euros, both at the upper end of guidance. However, management cautioned that uncertainties brought by macroeconomic factors and political developments from GEO Group Inc are increasing, potentially hindering growth in 2026. As a result of this news, ASML Holding NV ADR's stock price dropped by 8.3% by the close of trading on Wednesday.