asml and tsmc: analyst revisions reveal key investment insights

2025-08-14 general

Amsterdam, Thursday, 14 August 2025.
Analysts have updated their earnings estimates for ASML and TSMC in August 2025. The revisions include earnings per share (EPS) and revenue forecasts. These also incorporate analyst recommendations. Investors are keenly watching these revisions. The aim is to glean insights into potential stock performance. These insights will inform investment strategies. ASML anticipates a 15% revenue increase for 2025, with a gross margin of 52%. This growth is propelled by strong demand for EUV and AI-related technologies. However, analysts caution about uncertainties. Tariffs and geopolitical tensions could impact future growth.

asml’s euv dominance and growth targets

ASML is targeting a 30% revenue growth in fiscal year 2025 from its EUV (extreme ultraviolet) technology [4]. This projection underscores the critical role of EUV technology in advanced chip manufacturing [6]. Despite this ambitious goal, ASML faces potential headwinds [2]. These include challenges in the China market and the possibility of slower growth in 2026 [2]. These factors contribute to some analysts adopting a cautious outlook [4]. ASML’s Q2 2025 earnings call highlighted strong sales and a gross margin exceeding expectations at 53.7% [2].

tsmc’s stock performance and analyst expectations

Taiwan Semiconductor Manufacturing (TSMC) has experienced significant stock appreciation, with an 18% year-to-date increase [4]. This surge reflects the company’s robust position in the semiconductor market [GPT]. However, Intel’s doubts about next-generation chip manufacturing have cast a shadow, impacting both TSMC and ASML [4]. Investors should note that analyst estimates for TSMC’s earnings vary [1]. These variations reflect differing opinions on the company’s future performance amid evolving market conditions [1].

financial metrics and future outlook

ASML’s Q3 2025 earnings are anticipated, with an average estimate of $6.30 [7]. The subsequent quarter is projected to reach $8.39 [7]. Fiscal year estimates for 2025 average $28.13, while 2026 estimates show a slight increase to $28.55 [7]. These figures indicate expectations of continued growth, albeit at a potentially moderated pace [7]. ASML’s strong Q2 performance revealed net sales of EUR 7.7 billion, with a gross margin of 53.7% [2]. The company ended the quarter with EUR 7.2 billion in cash and an order backlog of EUR 33 billion [2].

risks and uncertainties in the semiconductor landscape

Despite positive projections, several risks loom over ASML and TSMC [4]. Trade wars and tariffs could significantly impact both companies [4]. ASML’s CEO has cautioned that 2026 may be a flat year [4]. EU regulations impose a 15% tariff ceiling on chip exports to the U.S., adding complexity to the global supply chain [4]. These factors highlight the need for investors to remain vigilant and consider macroeconomic and geopolitical developments [2]. Applied Materials’ stock increased by 14% in a month [4].

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semiconductor stocks earnings estimates