KLA (NASDAQ:KLAC) Price Target Raised to $2,000.00

KLA (NASDAQ:KLAC) had its target price boosted by equities researchers at JPMorgan Chase & Co. from $1,950.00 to $2,000.00 in a research note issued on Thursday,Benzinga reports. The brokerage presently has an “overweight” rating on the semiconductor company’s stock. JPMorgan Chase & Co.‘s price target indicates a potential upside of 14.26% from the stock’s previous close.

Other research analysts also recently issued reports about the stock. The Goldman Sachs Group reissued a “neutral” rating and set a $1,450.00 price objective on shares of KLA in a research report on Friday, January 30th. Needham & Company LLC lifted their target price on shares of KLA from $1,800.00 to $2,000.00 and gave the company a “buy” rating in a research note on Thursday. Stifel Nicolaus boosted their price target on shares of KLA from $1,600.00 to $1,700.00 and gave the company a “buy” rating in a research report on Friday, January 30th. Bank of America increased their price target on shares of KLA from $1,450.00 to $1,650.00 and gave the stock a “buy” rating in a research note on Tuesday, January 13th. Finally, New Street Research lifted their price objective on KLA from $1,460.00 to $1,770.00 and gave the company a “neutral” rating in a research report on Wednesday. Twenty investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $1,708.93.

KLA Trading Down 3.6%

Shares of NASDAQ KLAC traded down $65.86 during mid-day trading on Thursday, hitting $1,750.35. The stock had a trading volume of 1,890,553 shares, compared to its average volume of 1,077,470. The company has a debt-to-equity ratio of 1.08, a quick ratio of 2.00 and a current ratio of 2.83. KLA has a 1 year low of $674.76 and a 1 year high of $1,939.36. The business has a 50 day moving average price of $1,580.75 and a two-hundred day moving average price of $1,388.79. The firm has a market cap of $229.44 billion, a P/E ratio of 50.93, a price-to-earnings-growth ratio of 3.58 and a beta of 1.44.

KLA (NASDAQ:KLAC) last released its quarterly earnings data on Wednesday, April 29th. The semiconductor company reported $9.40 earnings per share for the quarter, topping the consensus estimate of $9.16 by $0.24. KLA had a return on equity of 98.18% and a net margin of 35.76%.The business had revenue of $3.42 billion during the quarter, compared to analysts’ expectations of $3.37 billion. During the same quarter last year, the business posted $8.41 EPS. The business’s revenue was up 11.5% on a year-over-year basis. KLA has set its Q4 2026 guidance at 8.870-10.870 EPS. On average, equities analysts anticipate that KLA will post 36.64 EPS for the current fiscal year.

KLA declared that its Board of Directors has authorized a share buyback plan on Thursday, March 12th that allows the company to buyback $7.00 billion in shares. This buyback authorization allows the semiconductor company to buy up to 3.7% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s board believes its shares are undervalued.

Institutional Trading of KLA

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

Trending Headlines about KLA

Here are the key news stories impacting KLA this week:

• Positive Sentiment: KLA beat Q3 estimates on both EPS ($9.40 vs. $9.16 expected) and revenue ($3.42B vs. $3.37B), and issued FYQ4 EPS guidance (8.87–10.87) that sits around street expectations — a fundamental beat that supports near-term growth expectations. KLA Corporation Reports Fiscal 2026 Third Quarter Results
• Positive Sentiment: Management boosted shareholder returns: a quarterly dividend raise to $2.30 and an additional $7B for share repurchases — actions that typically support the stock and return capital to investors. KLA Corporation Reports Fiscal 2026 Third Quarter Results
• Positive Sentiment: Analyst support is increasing: Wells Fargo raised its price target to $2,100 and put an Overweight on KLAC, and Needham raised its target to $2,000 with a Buy — both imply meaningful upside from current levels. Wells Fargo / Needham Price Target Raises The Fly: Needham Raise
• Neutral Sentiment: New Street lifted its price target to $1,770 but kept a Neutral rating, signaling some analysts see more modest near-term upside. New Street Adjusts Price Target on KLA
• Neutral Sentiment: Long-form bullish analysis reiterates KLA’s dominant position in process-control tools for AI chips and a multi-year growth thesis, but flags a high ~50x 2026 P/E that leaves some room for debate on near-term returns. KLA Corporation: Positioned To Dominate Semiconductor Growth
• Neutral Sentiment: Industry context: coverage of peers (e.g., Onto Innovation) shows broad AI-driven demand for chipmaking tools — a structural tailwind for KLA but not an immediate catalyst. Onto Innovation Likely to Beat on Q1 Earnings
• Negative Sentiment: Shares slid after the report for reasons cited by market coverage: some investors sold into the earnings beat (profit-taking), and KLAC’s high valuation may have limited immediate upside despite strong results. KLA Corp. Stock Slides On Q3 Earnings: What Investors Should Know
• Negative Sentiment: Additional press noting share declines underscores short-term volatility even after a solid quarter — investors should expect swings as the market digests guidance, valuation, and capital-return moves. KLA Corporation and NXP Semiconductors Shares Are Falling

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.