ASM stock trades below prior report as growth outlook advances

ASM International reported record third-quarter revenue on October 27, 2026, as demand for advanced semiconductor manufacturing equipment accelerated. AD HOC NEWS reported that revenue reached 1,159 million euros and that the board authorized a new share buyback of up to 300 million euros. ASM stock traded at 683.10 euros on Lang & Schwarz at 16:43 CET on Wednesday, November 4, 2026, 6.28 percent below the 728.90-euro quote in the November 2 report.

The ASM investor page identifies the company as a supplier of wafer-processing equipment, with a focus on single-wafer atomic layer deposition, silicon epitaxy and selected furnace, PECVD and SiC Epi applications.

Record quarter raises expectations

Third-quarter revenue increased 45 percent year over year on a reported basis and 44 percent at constant currencies. Advanced logic and foundry sales led the quarter, supported by customer investment in 2nm and activity ranging from 3nm to 5nm, while memory demand also remained strong.

Gross margin was 52.0 percent and adjusted operating margin rose to 33.4 percent from 30.9 percent a year earlier. Adjusted net earnings increased to 315.4 million euros from 206.2 million euros, according to the AD HOC NEWS report.

2027 outlook moves forward

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 about 35 percent, with equipment revenue growing by more than 40 percent.

For 2027, management projects revenue above 5.7 billion euros at constant currencies. ASM said this would deliver the revenue target set for 2030 at its 2025 Investor Day three years ahead of plan. Advanced logic and foundry are expected to remain the strongest growth drivers, with further 2nm-related sales and momentum in 1.4nm.

Buyback adds a capital-return angle

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

The real-time quote of ASM International stock is available for investors tracking the semiconductor equipment cycle.

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

ASM's next scheduled earnings milestone is its fourth-quarter and full-year 2026 reporting, while investors will also watch for details on the new buyback. More news and analyses on ASM International stock remain available.