Is ASML's revenue trend sustainable in 2025?

**ASML's revenue trend appears to be sustainable in 2025**, considering the following points:

1. **Growth Rate and Forecast**: ASML's revenue grew by 19.77% in 2024, and the company has forecasted a sales target of €30 billion to €35 billion for 2025, which is a significant increase from €28.3 billion in 2024. This indicates a strong growth trajectory.

|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|ASML|ASML.O|ASML Holding|2024 Q1|-22.169699262631244|5.708439E9|185|
|ASML|ASML.O|ASML Holding|2024 Q2|-11.285834593862353|6.68666308E9|185|
|ASML|ASML.O|ASML Holding|2024 Q3|17.9825887345797|8.33276007E9|185|
|ASML|ASML.O|ASML Holding|2024 Q4|19.765675630767753|9.58792428E9|185|

2. **Market Position and Demand**: ASML's leading position in the lithography equipment market is crucial for the production of advanced semiconductors. The strong demand for its EUV lithography systems, which are essential for creating circuitry in computer chips, is expected to continue. The company's role in addressing the ongoing challenges within the foundry and logic sectors and its contribution to the evolution of DRAM technology are also positive indicators.
3. **Financial Metrics**: ASML's net income for 2024 was $2.79 billion, with a net margin of 26.79%. The company's return on equity (ROE) was 47.43% as of the latest report period, which is a strong indicator of efficiency and profitability. These financial metrics suggest that ASML is managing its resources effectively and generating substantial returns.

|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|ASML|ASML.O|ASML Holding|2024 Q1|-37.893328317404034|1.32060258E9|185|
|ASML|ASML.O|ASML Holding|2024 Q2|-20.291483464604955|1.69008869E9|185|
|ASML|ASML.O|ASML Holding|2024 Q3|15.628531232452373|2.31716635E9|185|
|ASML|ASML.O|ASML Holding|2024 Q4|23.054741565159045|2.78793834E9|185|

|code|Ticker|Name|Date|Net Profit Margin YoY|Net Profit Margin|market_code|
|---|---|---|---|---|---|---|
|ASML|ASML.O|ASML Holding|2024 Q1|-20.20240694557985|23.1342|185|
|ASML|ASML.O|ASML Holding|2024 Q2|-14.928404590230532|24.2933|185|
|ASML|ASML.O|ASML Holding|2024 Q3|-9.902303448856696|25.6746|185|
|ASML|ASML.O|ASML Holding|2024 Q4|-5.818266191830525|26.7899|185|

|code|Ticker|Name|Date|Diluted EPS YoY|Diluted EPS|market_code|
|---|---|---|---|---|---|---|
|ASML|ASML.O|ASML Holding|2024 Q1|-37.63980868285504|3.356001|185|
|ASML|ASML.O|ASML Holding|2024 Q2|-20.218015588198142|4.295111|185|
|ASML|ASML.O|ASML Holding|2024 Q3|15.734887163458586|5.891952|185|

|code|Ticker|Name|Date|ROE(Average) YoY|ROE(Average)|market_code|
|---|---|---|---|---|---|---|
|ASML|ASML.O|ASML Holding|2024 Q1|-57.29078513221828|8.9832|185|
|ASML|ASML.O|ASML Holding|2024 Q2|-50.443485213423365|19.8959|185|
|ASML|ASML.O|ASML Holding|2024 Q3|-40.79670897218255|32.9564|185|
|ASML|ASML.O|ASML Holding|2024 Q4|-32.65171944204223|47.4274|185|

4. **Analyst Confidence**: The consensus rating for ASML is "Buy" with an average analyst price target of $980, indicating that analysts are optimistic about the company's future performance. TD Cowen analysts maintained a "Buy" rating on ASML with a steady price target of EUR825, which further supports the notion that the stock is seen as a good long-term investment.
5. **Strategic Initiatives**: Despite the geopolitical risks and the impact of tariffs, ASML has reiterated its sales forecast for 2025, which suggests that the company is confident in its ability to navigate these challenges. The company's commitment to increasing dividends and share buybacks also reflects a positive outlook.
6. **Long-Term Growth Prospects**: ASML expects an average sales growth rate of 8%-14% over the next five years and has set a sales target of €44 billion to €60 billion by 2030. These long-term growth prospects are supported by the increasing global demand for advanced chips, which is expected to exceed $1 trillion by 2030.

In conclusion, ASML's revenue trend is likely to be sustainable in 2025 due to the company's strong financial performance, leading market position, positive analyst ratings, and strategic initiatives. However, the impact of geopolitical risks, tariffs, and other external factors should be closely monitored.