KLA (NASDAQ:KLAC) Price Target Raised to $1,170.00 at Cantor Fitzgerald

Key Points

• Analysts at Cantor Fitzgerald raised the price target for KLA (NASDAQ:KLAC) from $950.00 to $1,170.00, signaling an 8.47% potential upside.
• Despite the price target increase, Cantor Fitzgerald maintains a "neutral" rating, while other analysts have mixed views with ratings ranging from "buy" to "hold."
• KLA recently reported earnings of $9.38 per share, exceeding analyst estimates, and its revenue increased by 23.6% year-over-year.

KLA (NASDAQ:KLAC - Get Free Report) had its target price increased by analysts at Cantor Fitzgerald from $950.00 to $1,170.00 in a report released on Wednesday,MarketScreener reports. The brokerage presently has a "neutral" rating on the semiconductor company's stock. Cantor Fitzgerald's price objective points to a potential upside of 8.47% from the stock's current price.

Other analysts have also recently issued research reports about the stock. Raymond James Financial reiterated an "outperform" rating and issued a $950.00 price target (up previously from $850.00) on shares of KLA in a report on Friday, August 1st. Citigroup raised their price target on KLA from $1,035.00 to $1,060.00 and gave the company a "buy" rating in a report on Friday, August 1st. Wall Street Zen downgraded KLA from a "buy" rating to a "hold" rating in a research note on Saturday, July 5th. Morgan Stanley set a $1,093.00 price target on shares of KLA and gave the stock an "equal weight" rating in a research note on Monday, September 22nd. Finally, The Goldman Sachs Group initiated coverage on KLA in a report on Thursday, July 10th. They issued a "neutral" rating and a $980.00 target price on the stock. Six equities research analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $939.17.

KLA Stock Up 1.4%

KLAC stock opened at $1,078.60 on Wednesday. The company's 50 day moving average is $934.75 and its 200 day moving average is $829.63. The stock has a market cap of $142.03 billion, a price-to-earnings ratio of 35.49, a price-to-earnings-growth ratio of 3.61 and a beta of 1.48. KLA has a 1-year low of $551.33 and a 1-year high of $1,085.60. The company has a current ratio of 2.62, a quick ratio of 1.83 and a debt-to-equity ratio of 1.25.

KLA (NASDAQ:KLAC - Get Free Report) last released its earnings results on Thursday, July 31st. The semiconductor company reported $9.38 earnings per share for the quarter, beating analysts' consensus estimates of $8.53 by $0.85. KLA had a return on equity of 112.41% and a net margin of 33.41%.The company had revenue of $3.17 billion during the quarter, compared to analyst estimates of $3.08 billion. During the same quarter in the previous year, the company posted $6.60 EPS. KLA's revenue for the quarter was up 23.6% on a year-over-year basis. KLA has set its Q1 2026 guidance at 7.760-9.300 EPS. Sell-side analysts predict that KLA will post 31.59 EPS for the current fiscal year.

Insider Buying and Selling at KLA

In other KLA news, insider Ahmad A. Khan sold 13,716 shares of the business's stock in a transaction that occurred on Friday, August 29th. The stock was sold at an average price of $881.50, for a total transaction of $12,090,654.00. Following the sale, the insider directly owned 27,372 shares of the company's stock, valued at $24,128,418. The trade was a 33.38% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Brian Lorig sold 8,049 shares of the firm's stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $913.68, for a total value of $7,354,210.32. Following the completion of the sale, the executive vice president directly owned 11,479 shares of the company's stock, valued at $10,488,132.72. The trade was a 41.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 32,566 shares of company stock valued at $29,313,522 in the last 90 days. 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 KLAC. Ulland Investment Advisors LLC bought a new position in KLA during the second quarter valued at $32,000. Sentry Investment Management LLC bought a new position in KLA during the 2nd quarter valued at about $36,000. Activest Wealth Management raised its position in KLA by 4,100.0% in the 1st quarter. Activest Wealth Management now owns 42 shares of the semiconductor company's stock worth $29,000 after purchasing an additional 41 shares during the period. Alpine Bank Wealth Management bought a new stake in KLA in the first quarter worth about $35,000. Finally, Olde Wealth Management LLC purchased a new position in shares of KLA during the first quarter valued at approximately $36,000. Hedge funds and other institutional investors own 86.65% of the company's stock.

KLA Company Profile

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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