ASML is the Most Important Company in the AI Ecosystem, and It Just Delivered Record Results. Here’s Where the Stock Will Be in 2028

ASML reported record Q3 2026 results with 56% revenue growth and expanded margins, raising full-year guidance. As the sole manufacturer of EUV lithography machines critical for AI chip production, the company expects demand to outpace supply through 2028. Analysts project the stock could reach $2,827 by 2028 (72% upside) if earnings grow 45% annually, assuming the company maintains its current valuation multiple.