KLA (NASDAQ:KLAC) Price Target Raised to $1,600.00 at Royal Bank Of Canada

KLA (NASDAQ:KLAC) had its price target raised by equities researchers at Royal Bank Of Canada from $1,550.00 to $1,600.00 in a report released on Friday,MarketScreener reports. The brokerage currently has a “sector perform” rating on the semiconductor company’s stock. Royal Bank Of Canada’s price target indicates a potential downside of 5.03% from the stock’s current price.

Several other analysts also recently commented on the stock. JPMorgan Chase & Co. upped their price objective on shares of KLA from $1,070.00 to $1,485.00 and gave the company an “overweight” rating in a report on Thursday, October 30th. Stifel Nicolaus set a $1,700.00 price target on KLA in a research note on Friday. Sanford C. Bernstein reiterated an “outperform” rating and issued a $1,750.00 price objective on shares of KLA in a report on Friday. Evercore ISI boosted their price target on shares of KLA from $1,350.00 to $1,700.00 and gave the stock an “outperform” rating in a research note on Monday. Finally, Wells Fargo & Company restated an “overweight” rating and issued a $1,900.00 price target on shares of KLA in a research note on Friday. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $1,529.25.

KLA Trading Up 3.5%

Shares of NASDAQ KLAC opened at $1,684.71 on Friday. The company has a quick ratio of 1.88, a current ratio of 2.69 and a debt-to-equity ratio of 1.18. The business has a fifty day simple moving average of $1,319.08 and a two-hundred day simple moving average of $1,121.69. KLA has a twelve month low of $551.33 and a twelve month high of $1,693.35. The firm has a market cap of $221.35 billion, a PE ratio of 52.90, a price-to-earnings-growth ratio of 3.90 and a beta of 1.45.

KLA (NASDAQ:KLAC) last issued its quarterly earnings data on Thursday, January 29th. The semiconductor company reported $8.85 EPS for the quarter, beating the consensus estimate of $8.75 by $0.10. The firm had revenue of $3.30 billion during the quarter, compared to analyst estimates of $3.25 billion. KLA had a return on equity of 107.26% and a net margin of 33.83%. Analysts expect that KLA will post 31.59 earnings per share for the current fiscal year.

Insider Activity

In other KLA news, CEO Richard P. Wallace sold 10,803 shares of the stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of $1,203.10, for a total transaction of $12,997,089.30. Following the completion of the sale, the chief executive officer directly owned 81,211 shares of the company’s stock, valued at approximately $97,704,954.10. This trade represents a 11.74% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Bren D. Higgins sold 2,254 shares of the firm’s stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $1,237.01, for a total value of $2,788,220.54. Following the completion of the transaction, the chief financial officer owned 32,154 shares of the company’s stock, valued at approximately $39,774,819.54. This represents a 6.55% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 91.48% of the company’s stock.

Institutional Trading of KLA

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Ulland Investment Advisors LLC acquired a new stake in shares of KLA during the second quarter worth $32,000. Arlington Trust Co LLC boosted its position in shares of KLA by 125.0% in the third quarter. Arlington Trust Co LLC now owns 36 shares of the semiconductor company’s stock worth $39,000 after buying an additional 20 shares during the period. Triumph Capital Management purchased a new stake in shares of KLA during the third quarter worth $40,000. Sentry Investment Management LLC bought a new stake in shares of KLA in the 2nd quarter valued at approximately $36,000. Finally, Steigerwald Gordon & Koch Inc. bought a new stake in KLA in the third quarter worth approximately $43,000. 86.65% of the stock is owned by institutional investors.

Trending Headlines about KLA

Here are the key news stories impacting KLA this week:

• Positive Sentiment: Analyst support — Needham reaffirmed a “buy” and set a $1,800 price target, signaling continued analyst confidence and potential upside. Needham Reaffirms Buy on KLA
• Positive Sentiment: Quarterly beat — KLA topped estimates with $8.85 EPS and $3.30B revenue, showing robust demand for chip process-control tools tied to AI chipmaking. Reuters: KLA beats quarterly results
• Positive Sentiment: End-market momentum — KLA expects advanced-packaging revenue to grow mid- to high-teens in 2026, driven by AI demand for advanced semiconductors, supporting longer-term revenue growth. Seeking Alpha: Advanced packaging growth
• Positive Sentiment: Strong cash generation and shareholder returns — KLA reported healthy operating cash flow and returned ~$797M in the quarter ( ~$3.01B over 12 months), underpinning the stock’s appeal to income/total-return investors. PR Newswire: Q2 results
• Positive Sentiment: Broader analyst and media support — Multiple firms have upgraded or highlighted KLA (Goldman, Wells Fargo, Morgan Stanley mentions) and commentators (e.g., Jim Cramer) note tight supply/demand dynamics for KLA’s tools. Analyst support article
• Neutral Sentiment: Earnings materials available — Management provided the earnings slide deck and transcript (useful for modeling product- and segment-level trends). Q2 slide deck
• Neutral Sentiment: Unrelated market noise — A separate report on a Klarna shareholder suit is circulating but is unrelated to KLA’s business. Klarna lawsuit (unrelated)
• Negative Sentiment: Mixed near-term guidance — KLA issued Q3 EPS guidance (8.30–9.86) and revenue guidance ($3.2B–$3.5B) that left the midpoint/shape of the guide slightly cautious versus some Street estimates, prompting a post-earnings pullback despite the beat. Yahoo: Q2 highlights & guidance
• Negative Sentiment: Short-term sell-side reaction — Several outlets noted the stock dipped after earnings as investors digested the mixed outlook versus the beat. Investing.com: shares drop after mixed outlook

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.