Should ASML Investors Be Worried About a Shrinking Backlog?

By Jose Najarro – Apr 20, 2023 at 4:07PM

NASDAQ: ASML

ASML

Market Cap

$350B

Today's Change

(-2.05%) -$18.58

Current Price

$889.03

Price as of April 18, 2024, 4:00 p.m. ET

ASML earnings beat expectations, but unfortunately, the lithography giant saw weakness in bookings.

Are things looking bad for ASML (ASML -2.05%) after it announced that new bookings have slowed down this quarter, causing the safety cushion its backlog provided to get smaller? Check out the short video to learn more, consider subscribing, and click the special offer link below.

*Stock prices used were the market prices of April 19, 2023. The video was published on April 19, 2023.

Jose Najarro has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends ASML. The Motley Fool has a disclosure policy. Jose Najarro is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.