ASM INTERNATIONAL Stock: Shares Surge by 17.44% Over the Past Week
ASM International's stock closed on Friday at €689.60, marking a weekly increase of 17.44%. This performance significantly outperformed the Paris indices, with the CAC 40 only up by 0.19% and the SBF 120 by 0.13% over the same period. Over one year, the stock has gained 15.24%.
Weekly Performance Overview
ASM International's stock price followed a notable upward trajectory during the week of January 12 to January 16, 2026. Starting at €626.40 on Monday, January 12, the stock climbed to €620.20 on Wednesday, January 13, before slightly dropping to €610.20 on Thursday, January 14. The bullish movement accelerated on Friday, January 15, with an increase of 11.24% to €678.80, closing at €680.00 on January 16, before reaching €689.60 at the last close. This weekly variation of 17.44% illustrates a positive momentum, far beyond the 0.19% of the CAC 40 and the 0.13% of the SBF 120 over the same period. On an annual horizon, the performance stands at 15.24%, confirming a favorable long-term trend. Trading volumes supported this development, with 157,053 shares traded on January 12, 191,730 on January 13, 150,263 on January 14, peaking at 423,149 on January 15, and 43,064 on January 16, reflecting sustained interest in the stock. Listed on Euronext Amsterdam, ASM International benefits from a free float of 93.97%, promoting significant liquidity. Financial forecasts for 2025 and 2026 indicate expected revenues of around €3.13 to €3.35 billion, with a projected net income between €671 and €787 million, while valuation ratios like the 2025 P/E at 48.8x and 2026 P/E at 41.9x position the stock in a high range. The enterprise value hovers around €31.96 billion, with a VE/Revenue 2025 at 10.2x and 9.47x for 2026. These financial figures underscore the robustness of the outlook, in a technology sector where ASM International operates with 4,558 employees. The current monthly performance reaches 31.26%, and over a month 31.56%, showing a particularly dynamic recent momentum. Compared to other European tech sector values like ASML or BE Semiconductor, which also advanced this week, ASM International stands out for the magnitude of its rebound.
Analyst Perspectives
Analysts have recently adjusted their views on ASM International. Jefferies downgraded its recommendation from Hold to Underperform, while maintaining a price target at €495, due to concerns about medium-term order and revenue trends, particularly in the Power/Analog/Wafer segments and in China. Jefferies' sales forecasts for 2026 and 2027 are 10% and 13% below consensus, with earnings per share underestimated by 13% and 18%. Goldman Sachs has maintained its Buy recommendation and raised its price target from €645 to €705. Technical analyses highlight a recent rebound toward a resistance at €630.40. Additionally, derivative products like the Société Générale turbo PUT X45SS have been positioned in anticipation of a potential correction below €630.40, with a target at €570.
Technical Analysis
From a technical standpoint, the stock is trading above its 50-day moving average set at €534.57 and its 200-day moving average at €500.12. The resistance threshold is at €689.60, coinciding with the last close, while the support is at €496.40. The upper Bollinger band reaches €691.83 and the lower band at €453.27, framing a volatile movement over a month at 17.77%. The MACD line is established at 39.95 and the RSI at 79. The beta of -0.24 indicates a low correlation with the market.
