ASML (ENXTAM:ASML) Q3 Results Highlight Record Profit And Premium Valuation

ASML Holding went into its Q3 2026 report priced for perfection, trading on a rich 52.9x P/E and well above a discounted cash flow estimate of €955.78. The story on the day after is different from what a high bar like that might suggest. The stock just closed at €1,464.20, only modestly changed over the past month, even as the company posted record net sales of €11.7b and net income of €5.0b. That gap between a lofty tag and strong reported earnings is the core tension for investors trying to...