KLA (NASDAQ:KLAC) Price Target Raised to $1,910.00

KLA (NASDAQ:KLAC) had its price objective hoisted by stock analysts at Stifel Nicolaus from $1,700.00 to $1,910.00 in a research note issued to investors on Thursday,MarketScreener reports. The firm currently has a “buy” rating on the semiconductor company’s stock. Stifel Nicolaus’ target price points to a potential upside of 9.12% from the stock’s current price.

Other equities research analysts have also issued research reports about the company. New Street Research upped their price objective on KLA from $1,460.00 to $1,770.00 and gave the stock a “neutral” rating in a research report on Wednesday. Argus raised their price target on shares of KLA from $1,750.00 to $1,950.00 and gave the company a “buy” rating in a research report on Friday. TD Cowen upped their price objective on shares of KLA from $1,800.00 to $2,000.00 and gave the stock a “buy” rating in a research report on Thursday. Zacks Research lowered shares of KLA from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 16th. Finally, Rothschild & Co Redburn raised their target price on KLA from $1,300.00 to $1,400.00 and gave the company a “neutral” rating in a research report on Friday, February 6th. Twenty equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $1,788.52.

KLA Stock Down 3.6%

NASDAQ:KLAC opened at $1,750.35 on Thursday. The company has a debt-to-equity ratio of 1.08, a current ratio of 2.83 and a quick ratio of 2.00. The company’s fifty day moving average price is $1,586.36 and its 200-day moving average price is $1,391.30. KLA has a 1-year low of $674.76 and a 1-year high of $1,939.36. The firm has a market capitalization of $229.43 billion, a P/E ratio of 49.54, a PEG ratio of 3.43 and a beta of 1.44.

KLA (NASDAQ:KLAC) last posted its quarterly earnings results on Wednesday, April 29th. The semiconductor company reported $9.40 EPS for the quarter, beating the consensus estimate of $9.17 by $0.23. The company had revenue of $3.42 billion for the quarter, compared to analyst estimates of $3.37 billion. KLA had a net margin of 35.66% and a return on equity of 95.45%. The firm’s revenue was up 11.5% on a year-over-year basis. During the same period in the prior year, the company earned $8.41 earnings per share. KLA has set its Q4 2026 guidance at 8.870-10.870 EPS. As a group, equities research analysts anticipate that KLA will post 36.64 EPS for the current year.

KLA announced that its board has approved a stock buyback program on Thursday, March 12th that permits the company to buyback $7.00 billion in shares. This buyback authorization permits the semiconductor company to repurchase up to 3.7% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s management believes its shares are undervalued.

Hedge Funds Weigh In On KLA

Hedge funds and other institutional investors have recently made changes to their positions in the company. Basepoint Wealth LLC purchased a new stake in shares of KLA during the fourth quarter worth approximately $32,000. Arlington Trust Co LLC lifted its holdings in KLA by 125.0% in the 3rd quarter. Arlington Trust Co LLC now owns 36 shares of the semiconductor company’s stock valued at $39,000 after purchasing an additional 20 shares in the last quarter. Triumph Capital Management acquired a new stake in KLA during the 3rd quarter worth $40,000. Hilton Head Capital Partners LLC acquired a new stake in KLA during the 4th quarter worth $41,000. Finally, Steigerwald Gordon & Koch Inc. purchased a new stake in shares of KLA during the third quarter worth $43,000. Hedge funds and other institutional investors own 86.65% of the company’s stock.

Key KLA News

Here are the key news stories impacting KLA this week:

• Positive Sentiment: KLA beat Q3 expectations on both EPS and revenue, showing continued demand for its process-control tools. Strong operating cash flow and free cash flow figures were highlighted in the release. Press Release
• Positive Sentiment: Management raised shareholder returns: a higher quarterly dividend ($2.30/share) starting in May and an additional $7 billion share repurchase authorization — a clear cash-return catalyst. Press Release
• Positive Sentiment: Broker support picked up: multiple firms raised price targets and maintained bullish ratings (Needham to $2,000; Wells Fargo to $2,100; JPMorgan raised its target), which provides mid-term upside thesis for investors focused on AI-driven chip demand. Broker Notes
• Neutral Sentiment: KLA guided Q4 EPS to a range of $8.87–$10.87 (consensus ~$9.80) and revenue $3.4B–$3.8B (consensus ~$3.5B) — the midpoint is roughly in line with Street expectations but the wide ranges left some investors uncertain. Earnings/Guidance
• Neutral Sentiment: Management and analysts continue to point to AI-linked demand as the primary growth driver; this supports longer-term structural growth but timing and cadence of customer ramps remain the key variables. Reuters
• Negative Sentiment: Shares fell after the print because some investors expected even stronger near-term guidance or commentary; headlines noted the stock “tumbled” despite an above-consensus outlook, signaling profit-taking and knee-jerk reaction to guidance nuance. Seeking Alpha
• Negative Sentiment: Valuation and recent run-up: KLAC has surged over the past year (~161% in some coverage) and trades at a high multiple (~50x 2026 EPS), increasing vulnerability to short-term profit-taking. Yahoo Finance

About KLA

KLA is a provider of process control and yield management solutions for the semiconductor and related microelectronics industries. The company designs and manufactures equipment, software and services used by chipmakers to analyze and control manufacturing processes, detect defects, measure critical dimensions and improve yield across wafer fabrication, photomask and packaging operations. KLA’s offerings are aimed at enabling production of advanced logic, memory, and specialty devices at progressively smaller technology nodes and more complex package structures.

Its product portfolio includes optical and e-beam inspection systems, metrology tools for critical dimension and film measurement, mask and reticle inspection platforms, as well as enterprise software and data analytics that aggregate process data and drive automated process control.