The Dutch semiconductor equipment supplier ASML recorded significantly lower order intake than expected in the third quarter and adjusts its sales and margin forecasts for 2025 downwards. The net sales in the quarter amounted to 7.5 billion euros, an increase of 20 percent compared to the previous year, exceeding analysts' expectations of about 36 billion euros annually. Despite this sales growth, order intake dropped by more than half compared to the previous quarter to 2.63 billion euros, while experts had expected about double that amount.

ASML's gross margin fell to 51 to 53 percent in the third quarter, slightly below the previous 54 to 56 percent, but remained above market forecasts of just under 54 percent. Profit rose by almost a third to 2.08 billion euros, also exceeding analysts' expectations.

The disappointing figures led to significant price losses. On the EURONEXT, ASML shares lost 15.64 percent by the close of trading, falling to 668.10 euros. This sharp decline reflects concerns about the lowered revenue forecasts and weakening order situation, which burdened the entire semiconductor sector. ASML was recently down 12 percent, while other European technology stocks like Infineon and SAP also suffered significant losses.

The lowering of forecasts and negative news from the USA reinforced the downward trend. Analysts from JPMorgan and Jefferies expressed criticism about order declines but remain optimistic about the long-term prospects of ASML. They continue to rate the stock positively and set price targets of 1,260 and 1,100 euros, respectively, allowing considerable potential.

In addition to internal challenges, ASML faces global market risks, including potential export restrictions on AI-capable chips in some countries. These geopolitical tensions and the adjustment of production quotas by OPEC have further shaken investor confidence.