KLA (NASDAQ:KLAC) Price Target Raised to $1,770.00

KLA (NASDAQ:KLAC) had its price objective hoisted by New Street Research from $1,460.00 to $1,770.00 in a report issued on Wednesday,MarketScreener reports. They currently have a neutral rating on the semiconductor company’s stock.

Several other analysts have also recently weighed in on KLAC. Citigroup boosted their price objective on KLA from $1,450.00 to $1,800.00 and gave the stock a “buy” rating in a report on Friday, January 30th. KeyCorp reissued a “sector weight” rating on shares of KLA in a report on Friday, March 13th. Susquehanna boosted their price objective on KLA from $1,600.00 to $1,700.00 and gave the stock a “neutral” rating in a report on Thursday. The Goldman Sachs Group reissued a “neutral” rating and set a $1,450.00 price objective on shares of KLA in a report on Friday, January 30th. Finally, Cantor Fitzgerald boosted their price objective on KLA from $1,850.00 to $2,000.00 and gave the stock an “overweight” rating in a report on Monday, March 30th. Twenty equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $1,798.30.

KLA Stock Performance

Shares of NASDAQ:KLAC opened at $1,726.26 on Wednesday. The stock has a market capitalization of $226.28 billion, a P/E ratio of 48.86, a P/E/G ratio of 3.29 and a beta of 1.50. KLA has a 1-year low of $675.27 and a 1-year high of $1,939.36. The company has a current ratio of 3.03, a quick ratio of 2.00 and a debt-to-equity ratio of 1.01. The business has a 50-day moving average price of $1,586.36 and a two-hundred day moving average price of $1,391.30.

KLA (NASDAQ:KLAC) last announced 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 $9.17 by $0.23. The firm had revenue of $3.42 billion during the quarter, compared to analysts’ expectations of $3.37 billion. KLA had a return on equity of 91.89% and a net margin of 35.66%.The company’s quarterly revenue was up 11.5% compared to the same quarter last year. During the same period in the previous year, the business posted $8.41 EPS. KLA has set its Q4 2026 guidance at 8.870-10.870 EPS. Equities analysts predict that KLA will post 36.81 earnings per share for the current year.

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

KLA Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 3rd. Investors of record on Tuesday, February 17th were paid a dividend of $1.90 per share. This represents a $7.60 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend was Tuesday, February 17th. KLA’s dividend payout ratio is presently 21.51%.

Hedge Funds Weigh In On KLA

Several hedge funds have recently made changes to their positions in the business. Ferguson Wellman Capital Management Inc. bought a new position in shares of KLA during the 1st quarter worth approximately $269,000. Citizens Financial Group Inc. RI boosted its holdings in shares of KLA by 0.9% in the 1st quarter. Citizens Financial Group Inc. RI now owns 8,386 shares of the semiconductor company’s stock valued at $12,348,000 after buying an additional 71 shares during the last quarter. Stiles Financial Services Inc lifted its holdings in KLA by 1.0% during the 1st quarter. Stiles Financial Services Inc now owns 1,783 shares of the semiconductor company’s stock valued at $2,625,000 after purchasing an additional 17 shares during the last quarter. Sageworth Trust Co acquired a new stake in KLA during the 1st quarter valued at $617,000. Finally, Whittier Trust Co. of Nevada Inc. lifted its holdings in KLA by 3.4% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 2,436 shares of the semiconductor company’s stock valued at $3,752,000 after purchasing an additional 80 shares during the last quarter. 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: PineStone Asset Management opened a large new position in KLAC — about $151.7M worth of shares reported in a recent 13F, signalling institutional conviction and incremental demand for the stock. PineStone opens new $151.7M KLAC position
• Positive Sentiment: Multiple sell?side firms raised price targets (Needham, Wells Fargo, JPMorgan, Stifel, Berenberg, Argus among others), lifting medium?term analyst sentiment and signaling upside to consensus. This supports longer-term conviction despite near-term volatility. Stifel raises KLAC price target
• Neutral Sentiment: KLA reported Q3 results that beat EPS and revenue estimates and issued above?consensus guidance tied to AI?driven chip demand — a fundamental positive, but one that already appears partly baked into expectations. Q3 earnings transcript / results
• Negative Sentiment: Despite the beat and bullish guidance, the stock fell after the release as some investors/analysts said the outlook or cadence didn’t clear a higher bar — short?term disappointment drove selling. Stock tumbles after earnings despite beat
• Negative Sentiment: Insider selling: recent open?market sales by the CEO and CFO (multi?million dollar disposals) add to near?term selling pressure and may worry some investors about timing of exits. QuiverQuant fund & insider update

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.