ASML Holding NV — Equity Research Report
Date
February 15, 2021
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On February 15, 2021, along with Soho Capital Management, we published a white paper recommending ASML as a buy at $597.99. The report highlighted ASML’s unique position as the sole producer of EUV lithography equipment, a critical enabler of Moore’s Law, and forecast strong secular demand from 5G, AI, and big data. Our base case projected a price target of $799.82, supported by recurring revenues from service and refurbishment, and significant barriers to entry for competitors.
Scope of Work
Equity research report analyzing ASML Holding NV as part of SOHO Capital’s investment coverage.
Objective
To evaluate ASML’s market position, growth prospects, and fair value, with a particular focus on EUV lithography technology.
Client
SOHO Capital Management
Client Location
Mexico City, Mexico
