ASML Holding N.V. Investors: Please contact the Portnoy Law Firm to recover your losses.

Core Viewpoint - ASML Holding N.V. is facing a class action lawsuit due to alleged misleading statements made by executives regarding the company's growth potential and demand for its products during a specific class period, which has led to significant stock price declines following disappointing financial results [5][6][8]. Company Overview - ASML is a leading Dutch manufacturer of photolithography machines essential for semiconductor chip production, utilizing advanced lasers to create intricate circuits for modern electronics [3]. Financial Projections and Market Impact - In November 2022, ASML projected 2025 revenues between €30 billion and €40 billion, with a gross margin of 54% to 56% [4]. - The introduction of new export regulations by the Dutch government in March 2023 limited ASML's ability to sell to Chinese customers, a crucial market, effective September 2023 [4]. - Despite these restrictions, ASML experienced a surge in demand from China as chipmakers rushed to place orders before the limitations took effect, helping to mitigate the broader industry downturn in 2023 [4]. Lawsuit Details - The lawsuit claims ASML executives overstated the company's financial outlook for 2025, driven by anticipated growth in artificial intelligence and new semiconductor plants, while downplaying the impact of export restrictions [5]. Recent Financial Results - On October 15, 2024, ASML reported third-quarter financial results, revealing net bookings of €2.6 billion, a 53% decline from the previous quarter's €5.6 billion, and missed analyst expectations by €3 billion [6]. - ASML revised its 2025 revenue forecast down to €30 billion to €35 billion and adjusted gross margin expectations to 51%–53% [6]. Market Reaction - Following the release of disappointing financial results, ASML's stock price fell by 21.6%, from $872.27 on October 14, 2024, to $683.52 on October 16, 2024, a drop of $188.75 per share [8]. Future Expectations - ASML acknowledged a slower-than-expected recovery in the semiconductor industry, with an anticipated extended recovery period into 2025, and expected China's contribution to revenue to decline to about 20% in 2025 [7].