Why did Lasertec drop if guidance was raised?

The market had priced in stronger orders and faster growth after ASML’s record bookings. Lasertec raised FY2026 targets, but its orders outlook looked softer than those expectations. That gap drove profit taking as traders demanded clearer signs of accelerating demand and backlog strength.

Is Lasertec’s valuation still expensive after the fall?

On TTM figures, valuation remains premium with price to earnings near 34.6 and price to sales around 12.2. Strong ROE and margins support quality, but the market needs improving orders to justify multiples. Without a firmer order trend, upside may stay limited in the near term.

What technical levels should I watch on Lasertec?

Recent Bollinger bands sit near ¥27,812 and ¥33,080 with a middle band around ¥30,446, while ATR is about ¥1,237. RSI near 61 and ADX near 19 suggest choppy momentum. Many traders watch the middle band for potential support and size positions with ATR-based stop levels.

What catalysts could lift Lasertec stock price next?

A clearer pickup in orders, stronger backlog visibility, and steady gross margins would help. Any positive updates on EUV mask inspection demand could also support sentiment. The next checkpoint is Lasertec earnings on 27 April 2026, where order intake and margin guidance will be in focus.

Global Market Insights

6920.T Stock Today: Lasertec Falls as FY26 Outlook Disappoints — February 03

ByHuzaifa Zahoor February 2, 2026February 2, 2026

Lasertec stock price fell as much as 10% intraday on February 03 in Tokyo after the company raised its FY2026 outlook yet signaled orders that did not match lofty hopes. Investors had expected stronger momentum after ASML’s record bookings. The reaction pushed 6920.T into focus as traders reassessed near-term growth and margins. We break down what drove the move, how valuation looks after the drop, key technical levels, and what could stabilize Lasertec stock price from here for Japan-based investors.