Be very careful with such messages:
(https://fd.nl/beurs/1277477/asml-mikt-om-omzetverdubbeling-in-zeven-jaar)
"... ASML stevent dit jaar af op een omzet van zo'n €10,7 mrd. Het bedrijf verwacht in 2025 uit te komen tussen de €15 mrd en €24 mrd...."
"... ASML verhoogde ook zijn prognose voor 2020. Het bedrijf rekent erop dat de omzet dan circa €13 mrd zal bedragen. Tot dusverre ging ASML uit van €11 mrd..."
Such type of 'messages' is just meaningless marketing. As for the so-called 'ASML forecast', it's just misleading, or at least incorrect one ...
The matter is that the 'forecast' above may be considered as just 'conditional' one, i.e. dependent on several (unknown) factors, like state of (future) economy (in 2-7 years), its growth (next 2-7), etc., etc.
If briefly, the prob. for market/economy downturn within next 1.5 years is ~70%. So far, any current 'forecast' (for 2-7 years) based on (current) state of economy, current/expected growth rates, capacities, etc., is just a meaningless phantasy, as demands may drop sharply down in the near future... (conditional on economic cycles).
Take a look, for instance, at the 'forecast' dynamics for EUV systems in 2018:
- 22 systems (summer 2017)
- 20 systems (summer 2018)
- 18 systems (last Q3 report)
Again, several advisors/banks (ing, nibc, ubs, etc.) give positive (unconditional!) outlook and high price 'targets' ~200-220, that is up to ~47% return. Though, given that such 'advisors' usually have proprietary trading desks and often their own AMs, no one is still in hurry to become (important) 'asml' shareholder... (too risky - high 'beta', too expensive - high P/E, too high prob. for economic/market downturn).
As for 5G, some investments are needed first in infrastructure, frequencies, etc. etc., given that (many) telcos are still suffering from tough competitions & regulations. Actually telcos' stocks are staggering....
As for the stock, the mt-downtrend is intact and the upper downtrend edge is around ~161 today. It's current (dynamic) resistance.
Good luck.