ASML presented its long-term strategy through its capital investor day on 29 September. Through its unique technology, ASML is expecting growth in all its product portfolio. As a result, it has revised its long-term guidance upwards and expects its 2025 revenues between €24bn and €30bn (11% CAGR from 2020 to 2030). These positive updates were expected and our estimates in sales for FY25 are still higher than the upper end of the guidance, leaving limited room for upside.
01 Oct 2021
Great but expected outlook
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Great but expected outlook
ASML presented its long-term strategy through its capital investor day on 29 September. Through its unique technology, ASML is expecting growth in all its product portfolio. As a result, it has revised its long-term guidance upwards and expects its 2025 revenues between €24bn and €30bn (11% CAGR from 2020 to 2030). These positive updates were expected and our estimates in sales for FY25 are still higher than the upper end of the guidance, leaving limited room for upside.