ASML Extends Visibility With Pricing Tailwinds, RBC Says

11:08 AM EDT, 10/15/2026 (MT Newswires) -- ASML (ASML) is extending visibility with solid pricing tailwinds following a "good" Q3 performance and guidance, RBC Capital Markets said in a note Wednesday. "Demand is outpacing supply and customers are placing orders into 2029/30 (including pre-payments)," the report said. The note said the company is now investigating over 30% capacity expansion for extreme ultraviolet and Immersion systems in 2028, above its prior expectation. Additionally, near-term margins are benefitting from strong Services mix, with EUV mix shift set to be a key tailwind to average selling prices and margins in 2027, the note said. "We are raising estimates and expect revenue & margin momentum to sustain through 2028," the report said. RBC kept its outperform rating and a $2,100 price target. Price: 1630.68, Change: -19.32, Percent Change: -1.17