HSBC and Goldman Sachs simultaneously raise their target prices
Two major international banks have upwardly adjusted their targets on ASM International this Thursday. HSBC has raised its target from 818 to 891 euros, while maintaining its buy recommendation. Goldman Sachs, on the other hand, has raised its target from 795 to 835 euros, also with a buy rating. At the current price of 733.80 euros, these new targets imply a revaluation potential ranging from 13.8% to 21.4%. These adjustments come two days after the publication of the fourth quarter 2025 results, released on March 3. The recent momentum of the stock, which has gained nearly 57% over a year, reflects a strong stock performance for the Dutch specialist in semiconductor equipment.
The price tests the upper Bollinger band in a tight technical configuration
From a technical perspective, ASM International’s stock is trading near its resistance level of 737.60 euros on Thursday, a level that coincides with the upper Bollinger band (734.81 euros). This convergence indicates a technical tension zone: a sustainable breakthrough of this level could lead to a new trading range, while a pullback would bring the stock towards its 20-day moving average, currently at 699.80 euros. The RSI, an indicator measuring the speed of price changes, is at 60, a neutral zone that still leaves room before a possible bullish excess. The 50 and 200-day moving averages, at 658.54 and 540.23 euros respectively, are significantly below the current price, confirming the upward trend of the stock in the medium and long term. The upcoming quarterly results, expected on April 21, will be the next fundamental catalyst for the stock.
