ASM stock: Record quarter lifts 2027 growth outlook

ASM stock traded at 635.00 euros on Lang & Schwarz at 17:47 CET on Thursday, November 5, 2026. Compared with 683.10 euros at 16:43 CET on Wednesday, November 4, the quote was 7.04 percent lower.

The move follows ASM International's record third quarter and its upgraded medium-term growth outlook. The latest report from AD HOC NEWS said management expects 2027 revenue above 5.7 billion euros at constant currencies, bringing the target set for 2030 at the 2025 Investor Day forward by three years.

Record quarter raises expectations

ASM reported third-quarter revenue of 1,159.4 million euros on October 27, 2026, up 45 percent year on year on a reported basis and 44 percent at constant currencies. Advanced logic and foundry sales led growth, while memory demand also strengthened.

Gross margin was 52.0 percent and adjusted operating margin reached 33.4 percent. Adjusted net earnings rose to 315.4 million euros from 206.2 million euros a year earlier, according to ASM's Q3 2026 results release carried by Yahoo Finance.

Guidance and buyback shape next steps

ASM expects fourth-quarter 2026 revenue of 1,230 million euros, plus or minus 5 percent, at constant currencies. Full-year 2026 revenue is expected to rise by approximately 35 percent, with equipment revenue growing by more than 40 percent.

The Management Board authorized a new share buyback of up to 300 million euros on October 27. The previous 150 million euro program was completed on September 14 after 185,522 shares were repurchased at an average price of 808.53 euros; details of the new program are due before it begins.

Investors can follow the real-time quote of ASM stock as the semiconductor equipment group works through customer capacity ramps and tight supply-chain conditions.

Broader conditions for Dutch technology shares can be followed through the AEX market overview.

More news and analyses on ASM stock cover the next earnings milestone and further buyback details.