ASML shares jump after surprise Aletheia upgrade flips outlook on EUV demand
ASML shares jumped over 3% Friday after Aletheia Capital upgraded the stock to “buy” from “sell” and doubled its price target to $1,500, citing stronger EUV demand from DRAM suppliers. Aletheia also raised its 2026-27 earnings forecasts. Investors await ASML’s Jan. 28 results for updates on 2026 order trends.