KLA (NASDAQ:KLAC) Price Target Raised to $1,100.00 at Rothschild & Co Redburn

Key Points

• Rothschild & Co Redburn raised KLA's price target from $800.00 to $1,100.00, maintaining a "neutral" rating on the stock, indicating a potential upside of 1.98% from the previous close.
• Other brokerages have also updated their ratings and price targets for KLA, with Oppenheimer raising theirs to $950.00 and UBS Group adjusting it to $960.00, reflecting a positive trend in analysts' perspectives.
• KLA reported an EPS of $9.38 for the last quarter, exceeding estimates, with revenue rising 23.6% year-over-year to $3.17 billion.

KLA (NASDAQ:KLAC - Get Free Report) had its target price hoisted by investment analysts at Rothschild & Co Redburn from $800.00 to $1,100.00 in a note issued to investors on Wednesday,MarketScreener reports. The brokerage currently has a "neutral" rating on the semiconductor company's stock. Rothschild & Co Redburn's price target indicates a potential upside of 1.98% from the company's previous close.

Several other brokerages also recently commented on KLAC. Oppenheimer raised their price target on shares of KLA from $740.00 to $950.00 and gave the company an "outperform" rating in a report on Tuesday, June 17th. Morgan Stanley set a $1,093.00 target price on KLA and gave the stock an "equal weight" rating in a research report on Monday, September 22nd. UBS Group raised their price target on KLA from $775.00 to $960.00 and gave the company a "neutral" rating in a report on Monday, July 21st. Wall Street Zen lowered KLA from a "buy" rating to a "hold" rating in a report on Saturday, July 5th. Finally, Wells Fargo & Company reaffirmed an "equal weight" rating and issued a $920.00 target price (up from $870.00) on shares of KLA in a research note on Tuesday, July 8th. Six research analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $939.17.

KLA Price Performance

KLAC opened at $1,078.60 on Wednesday. The firm has a 50-day moving average price of $934.75 and a 200-day moving average price of $829.63. The company has a quick ratio of 1.83, a current ratio of 2.62 and a debt-to-equity ratio of 1.25. KLA has a twelve month low of $551.33 and a twelve month high of $1,085.60. The company has a market capitalization of $142.03 billion, a price-to-earnings ratio of 35.49, a PEG ratio of 3.61 and a beta of 1.48.

KLA (NASDAQ:KLAC - Get Free Report) last issued its earnings results on Thursday, July 31st. The semiconductor company reported $9.38 EPS for the quarter, topping the consensus estimate of $8.53 by $0.85. KLA had a return on equity of 112.41% and a net margin of 33.41%.The business had revenue of $3.17 billion during the quarter, compared to the consensus estimate of $3.08 billion. During the same quarter last year, the company earned $6.60 EPS. The firm's revenue was up 23.6% compared to the same quarter last year. KLA has set its Q1 2026 guidance at 7.760-9.300 EPS. Equities analysts expect that KLA will post 31.59 EPS for the current year.

Insider Buying and Selling at KLA

In other KLA news, EVP Brian Lorig sold 8,049 shares of KLA stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $913.68, for a total transaction of $7,354,210.32. Following the completion of the transaction, the executive vice president owned 11,479 shares in the company, valued at approximately $10,488,132.72. The trade was a 41.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Richard P. Wallace sold 10,801 shares of the stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $913.68, for a total transaction of $9,868,657.68. Following the sale, the chief executive officer directly owned 92,818 shares in the company, valued at $84,805,950.24. This trade represents a 10.42% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 32,566 shares of company stock valued at $29,313,522. 91.48% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On KLA

Institutional investors have recently modified their holdings of the business. Vanguard Group Inc. boosted its holdings in shares of KLA by 0.6% during the 1st quarter. Vanguard Group Inc. now owns 13,564,622 shares of the semiconductor company's stock valued at $9,221,230,000 after acquiring an additional 80,154 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in KLA by 27.9% in the first quarter. Goldman Sachs Group Inc. now owns 1,852,814 shares of the semiconductor company's stock worth $1,259,543,000 after purchasing an additional 404,634 shares during the last quarter. Amundi raised its stake in KLA by 18.0% during the 1st quarter. Amundi now owns 1,645,599 shares of the semiconductor company's stock valued at $1,026,983,000 after buying an additional 251,339 shares during the last quarter. Pictet Asset Management Holding SA boosted its stake in shares of KLA by 9.0% in the 1st quarter. Pictet Asset Management Holding SA now owns 1,586,781 shares of the semiconductor company's stock worth $1,078,526,000 after buying an additional 131,620 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in KLA by 3.9% in the first quarter. Charles Schwab Investment Management Inc. now owns 890,607 shares of the semiconductor company's stock valued at $605,435,000 after acquiring an additional 33,551 shares during the period. 86.65% of the stock is owned by hedge funds and other institutional investors.

About KLA

KLA Corporation, together with its subsidiaries, engages in the design, manufacture, and marketing of process control, process-enabling, and yield management solutions for the semiconductor and related electronics industries worldwide. It operates through three segments: Semiconductor Process Control; Specialty Semiconductor Process; and PCB and Component Inspection.

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