Will ASML Split Its Stock This Year?
2026-08-05 19:17
•Lyle Daly •The Motley Fool
••••••• ••••• Axe Cap view
ASML's Stock Split: Not Imminent Despite Price Surge
ASML’s high share price and sector buzz don’t guarantee a stock split soon, with semiconductor earnings and momentum concerns holding it back.
ASML is a titan in semiconductor equipment, crucial for AI chips that everyone’s talking about. Its share price nudging above $1,700 sparks chatter about a stock split, a move that would make shares more affordable for retail investors. But look closer: ASML hasn’t split its stock since 2000, trades at a stretched 37 times forward earnings compared to peers like TSM at 24 times, and the semiconductor sector has weakened recently. KLAC’s 10-for-1 split in 2026 came from a healthier part of the cycle and a more reasonable valuation. ASML’s momentum has cooled, so while splits at $4,000+ stocks like Booking Holdings have happened, ASML is likely holding off until earnings and sentiment align. This means the Rand’s reaction will be muted if speculation rises but no split follows. The risk? AI demand could reignite growth faster than expected, pushing a split sooner. this is just our opinion and not financial advice
Wait on ASML-related opportunities. Use the USD/ZAR exchange to gauge tech sector mood—if the rand weakens on global tech worries, shop for cheap local tech exposures instead.
- ASML
- USD/ZAR
- AI demand surges unexpectedly
- Semiconductor sector rebound lifts valuations suddenly
6/10
ASML's share price has surged above $1,700, making it a candidate for a stock split. However, recent semiconductor sector weakness and ASML's high valuation (37x forward earnings) suggest a split is unlikely in 2026, with 2027 or 2028 being more probable. The company has not conducted a forward split since 2000.
Our take is based on reporting first published by The Motley Fool.