Morgan Stanley Raises ASML Target on Strong EUV Shipment Outlook

By EC Assets · Published 3 June 2026

Morgan Stanley has increased its price target for ASML Holding NV, in the company's extreme ultraviolet (EUV) shipment outlook. The firm anticipates ASML will ship 90 EUV tools in the upcoming year. This forecast is based on company statements made during its April annual general meeting. Morgan Stanley raised its target for ASML shares to 1,400. The firm projects a potential surge of up to 70% for ASML shares in its bull case scenario. Morgan Stanley considers ASML a key EUV supplier. ASML was among several stocks that reached new 52-week highs. Other companies in this group included Apple, Micron Technology, IBM, and Goldman Sachs. A French startup, which has 1,000 employees and targets €1 billion in 2026 revenue, is pitching Airbus, BMW, and ASML with a new idea. This article is intended for informational purposes only. It does not constitute investment advice.