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NASDAQ:KLAC

KLA (KLAC) Stock Price, News & Analysis

$648.94
-2.83 (-0.43%)
(As of 12:52 PM ET)
Today's Range
$639.17
$650.29
50-Day Range
$544.31
$661.35
52-Week Range
$355.88
$677.47
Volume
228,320 shs
Average Volume
1.03 million shs
Market Capitalization
$87.76 billion
P/E Ratio
32.96
Dividend Yield
0.89%
Price Target
$607.50

KLA MarketRank™ Stock Analysis

Analyst Rating
Hold
2.39 Rating Score
Upside/​Downside
6.8% Downside
$607.50 Price Target
Short Interest
Healthy
1.05% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.70
Upright™ Environmental Score
News Sentiment
0.54mentions of KLA in the last 14 days
Based on 21 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
17.18%
From $22.88 to $26.81 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.85 out of 5 stars

Computer And Technology Sector

43rd out of 1,162 stocks

Optical Instruments & Lenses Industry

1st out of 8 stocks


KLAC stock logo

About KLA Stock (NASDAQ:KLAC)

KLA Corporation designs, manufactures, and markets 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, Display and Component Inspection. The company offers inspection and review tools to identify, locate, characterize, review, and analyze defects on various surfaces of patterned and unpatterned wafers; metrology systems that are used to measure pattern dimensions, film thickness, film stress, layer-to-layer alignment, pattern placement, surface topography, and electro-optical properties for wafers; Wafer defect inspection, review, and metrology systems; reticle inspection and metrology systems; chemical process control equipment; wired and wireless sensor wafers and reticles; and semiconductor software solutions that provide run-time process control, defect excursion identification, process corrections, and defect classification to accelerate yield learning rates and reduce production risk. It also provides etch, plasma dicing, deposition, and other wafer processing technologies and solutions for the semiconductor and microelectronics industry. In addition, the company offers direct imaging, inspection, optical shaping, inkjet and additive printing, UV laser drilling and computer-aided manufacturing and engineering solutions for the PCB market; inspection and electrical testing systems to identify and classify defects, as well as systems to repair defects for the display market; and inspection and metrology systems for quality control and yield improvement in advanced and traditional semiconductor packaging markets. The company was formerly known as KLA-Tencor Corporation and changed its name to KLA Corporation in July 2019. KLA Corporation was incorporated in 1975 and is headquartered in Milpitas, California.

KLAC Stock Price History

KLAC Stock News Headlines

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Meme stocks took the investing world by storm in 2021, but is it still beneficial to invest meme stocks now? Learn about the best meme stocks to buy now.
ASML reaches inflection point with 100% upside in sight (KLAC)
ASML had a solid quarter but gave cautious guidance. An increase in net bookings suggests a rebound and acceleration that could take the stock price higher.
An Unusual Way to Invest in Gold
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KLA's (KLAC) Neutral Rating Reaffirmed at Cantor Fitzgerald
KLAC Mar 2024 660.000 put
KLAC Jun 2025 610.000 call
KLAC Feb 2024 670.000 put
KLAC Jan 2026 840.000 call
An Unusual Way to Invest in Gold
Most financial experts recommend including gold in your investment mix to protect against rising prices and keep wealth secure. Investors are discovering a little-known way to benefit from gold, which offers the chance to gain from higher gold prices and mining successes while avoiding the costs of operating mines.
KLAC Feb 2024 615.000 call
KLAC Feb 2024 640.000 put
KLAC Jun 2025 430.000 put
KLAC Mar 2024 820.000 call
Behind the Scenes of KLA's Latest Options Trends
KLAC Feb 2024 665.000 put
KLA Co. (NASDAQ:KLAC) Short Interest Update
KLAC Jan 2025 800.000 call
Cantor Fitzgerald Reiterates Neutral Rating for KLA (NASDAQ:KLAC)
KLAC Jun 2024 780.000 call
Expert Outlook: KLA Through The Eyes Of 16 Analysts
Analysts Set KLA Co. (NASDAQ:KLAC) Price Target at $607.50
KLAC Mar 2024 790.000 call
KLAC Sep 2024 800.000 call
See More Headlines
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Company Calendar

Ex-Dividend for 12/1 Dividend
11/14/2023
Dividend Payable
12/01/2023
Last Earnings
1/25/2024
Ex-Dividend for 3/1 Dividend
2/15/2024
Today
2/21/2024
Dividend Payable
3/01/2024
Next Earnings (Estimated)
4/24/2024
Fiscal Year End
6/30/2024

Industry, Sector and Symbol

Industry
Optical instruments & lenses
Sub-Industry
Semiconductor Equipment
Current Symbol
NASDAQ:KLAC
CUSIP
48248010
Employees
15,210
Year Founded
1976

Price Target and Rating

Average Stock Price Target
$607.50
High Stock Price Target
$730.00
Low Stock Price Target
$435.00
Potential Upside/Downside
-6.8%
Consensus Rating
Hold
Rating Score (0-4)
2.39
Research Coverage
18 Analysts

Profitability

Net Income
$3.39 billion
Pretax Margin
32.25%

Debt

Sales & Book Value

Annual Sales
$9.67 billion
Cash Flow
$28.64 per share
Book Value
$21.36 per share

Miscellaneous

Free Float
135,072,000
Market Cap
$88.14 billion
Optionable
Optionable
Beta
1.33

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Should I Buy KLA Stock? KLAC Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of KLA was last updated on Thursday, February 15, 2024 at 10:06 AM.

Pros

Here are some ways that investors could benefit from investing in KLA Co.:

  • KLA Corporation designs, manufactures, and markets process control, process-enabling, and yield management solutions for the semiconductor and related industries. This positions the company at the forefront of technological advancements in the semiconductor industry, which is a rapidly growing sector with high demand.
  • KLA Corporation has a strong track record of innovation and product development. They consistently release new and improved versions of their products, ensuring that they stay competitive in the market. This continuous innovation can lead to increased market share and revenue growth.
  • Recent developments in the semiconductor industry, such as the increasing demand for advanced chips in various applications like artificial intelligence, autonomous vehicles, and 5G technology, present significant growth opportunities for KLA Corporation. As a leading provider of process control and yield management solutions, the company is well-positioned to capitalize on these trends.
  • KLA Corporation has a solid financial performance, with consistent revenue growth and profitability. This stability and financial strength provide investors with confidence in the company's ability to generate returns.
  • The current stock price of KLA Corporation is [insert current stock price here]. This represents a potential investment opportunity for investors looking to benefit from the company's growth prospects and financial performance.

Cons

Investors should be bearish about investing in KLA Co. for these reasons:

  • While the semiconductor industry offers growth opportunities, it is also highly competitive and subject to market fluctuations. Any downturn in the industry could impact KLA Corporation's financial performance and stock price.
  • Investing in individual stocks, such as KLA Corporation, carries inherent risks. The value of the stock can fluctuate based on various factors, including market conditions, company performance, and investor sentiment.
  • KLA Corporation operates in a global market, which exposes it to geopolitical risks, trade tensions, and regulatory changes. These external factors can impact the company's operations and financial results.
  • The semiconductor industry is characterized by rapid technological advancements and evolving customer demands. KLA Corporation needs to continuously invest in research and development to stay ahead of the competition and meet customer expectations. This can result in significant expenses and potential risks.
  • Investors should carefully consider their investment goals, risk tolerance, and diversification strategy before investing in KLA Corporation or any individual stock. It is important to conduct thorough research and seek professional advice to make informed investment decisions.














KLAC Stock Analysis - Frequently Asked Questions

Should I buy or sell KLA stock right now?

18 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for KLA in the last twelve months. There are currently 1 sell rating, 9 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" KLAC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in KLAC, but not buy additional shares or sell existing shares.
View KLAC analyst ratings
or view top-rated stocks.

What is KLA's stock price target for 2024?

18 brokers have issued 1-year price targets for KLA's stock. Their KLAC share price targets range from $435.00 to $730.00. On average, they predict the company's stock price to reach $607.50 in the next year. This suggests that the stock has a possible downside of 6.8%.
View analysts price targets for KLAC
or view top-rated stocks among Wall Street analysts.

How have KLAC shares performed in 2024?

KLA's stock was trading at $581.30 on January 1st, 2024. Since then, KLAC stock has increased by 12.1% and is now trading at $651.77.
View the best growth stocks for 2024 here
.

Are investors shorting KLA?

KLA saw a decline in short interest in the month of January. As of January 31st, there was short interest totaling 1,420,000 shares, a decline of 28.3% from the January 15th total of 1,980,000 shares. Based on an average daily volume of 954,500 shares, the short-interest ratio is currently 1.5 days. Approximately 1.1% of the company's shares are short sold.
View KLA's Short Interest
.

When is KLA's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our KLAC earnings forecast
.

How were KLA's earnings last quarter?

KLA Co. (NASDAQ:KLAC) released its quarterly earnings results on Thursday, January, 25th. The semiconductor company reported $6.16 EPS for the quarter, topping analysts' consensus estimates of $5.91 by $0.25. The semiconductor company had revenue of $2.49 billion for the quarter, compared to analyst estimates of $2.46 billion. KLA had a net margin of 27.98% and a trailing twelve-month return on equity of 107.56%. The firm's quarterly revenue was down 16.7% compared to the same quarter last year. During the same quarter last year, the company earned $7.38 EPS.
Read the conference call transcript
.

How often does KLA pay dividends? What is the dividend yield for KLA?

KLA declared a quarterly dividend on Wednesday, February 7th. Stockholders of record on Monday, February 19th will be given a dividend of $1.45 per share on Friday, March 1st. This represents a $5.80 dividend on an annualized basis and a yield of 0.89%. The ex-dividend date is Thursday, February 15th.
Read our dividend analysis for KLAC
.

Is KLA a good dividend stock?

KLA (NASDAQ:KLAC) pays an annual dividend of $5.80 per share and currently has a dividend yield of 0.88%. The company has been increasing its dividend for 14 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 29.46%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KLAC will have a dividend payout ratio of 21.63% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for KLAC.

How will KLA's stock buyback program work?

KLA announced that its board has approved a share repurchase program on Tuesday, September 5th 2023, which authorizes the company to buyback $2,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 2.9% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's management believes its shares are undervalued.

What guidance has KLA issued on next quarter's earnings?

KLA issued an update on its third quarter 2024 earnings guidance on Friday, January, 26th. The company provided earnings per share (EPS) guidance of 4.660-5.860 for the period, compared to the consensus earnings per share estimate of 5.850. The company issued revenue guidance of $2.2 billion-$2.4 billion, compared to the consensus revenue estimate of $2.5 billion.

What is Rick Wallace's approval rating as KLA's CEO?

429 employees have rated KLA Chief Executive Officer Rick Wallace on Glassdoor.com. Rick Wallace has an approval rating of 97% among the company's employees. This puts Rick Wallace in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of KLA own?

Based on aggregate information from My MarketBeat watchlists, some companies that other KLA investors own include NVIDIA (NVDA), Intel (INTC), Lam Research (LRCX), QUALCOMM (QCOM), Applied Materials (AMAT), Micron Technology (MU), Advanced Micro Devices (AMD), Salesforce (CRM), Alibaba Group (BABA) and Adobe (ADBE).

Who are KLA's major shareholders?

KLA's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.64%), Primecap Management Co. CA (4.36%), Capital International Investors (3.62%), Massachusetts Financial Services Co. MA (2.48%), Price T Rowe Associates Inc. MD (1.88%) and Goldman Sachs Group Inc. (1.60%). Insiders that own company stock include Ahmad A Khan, Bren D Higgins, Brian Lorig, Gary B Moore, Jeneanne Michelle Hanley, Mary Beth Wilkinson, Oreste Donzella, Richard P Wallace, Virendra A Kirloskar and Virendra A Kirloskar.
View institutional ownership trends
.

How do I buy shares of KLA?

Shares of KLAC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does KLA have any subsidiaries?
The following companies are subsidiares of KLA: ADE Corporation, Acme Systems, Ambios Technology, Belize Holdings LLC, CAPRES, Candela Instruments, Capres A/S, Dino Acquisition Technology L.L.C., FINLE Technologies, Fab Solutions, FabSolve, Filmetric Europe Gmbh, Filmetrics, Filmetrics Inc., Filmetrics Korea Ltd, Frontline P.C.B. Solutions (1998) Ltd., ICOS Vision Systems, ICOS Vision Systems (Shenzhen) Co. Ltd., ICOS Vision Systems Corporation BVBA, ICOS Vision Systems Ltd., ICOS Vision Systems NV, International Sales & Business Inc., Jiangsu Xinshun Microelectronics, KLA Aleris Holding LLC, KLA Singapore Holding Company III Pte. Ltd., KLA-Tencor (Malaysia) Sdn Bhd, KLA-Tencor (Singapore) Pte. Ltd., KLA-Tencor (Thailand) Limited, KLA-Tencor Asia-Pac Distribution Corporation, KLA-Tencor China Corporation, KLA-Tencor Corporation (1992) Ltd., KLA-Tencor Corporation (Cayman) Limited I, KLA-Tencor Corporation (Cayman) Limited III, KLA-Tencor Corporation (Cayman) Limited IV, KLA-Tencor Corporation (Israel), KLA-Tencor Corporation Holding (1987) Ltd., KLA-Tencor France SARL, KLA-Tencor GmbH, KLA-Tencor Integrated Metrology (Israel) (2002) Ltd., KLA-Tencor International Corporation, KLA-Tencor International Trading (Shanghai) Co. Ltd., KLA-Tencor Ireland Ltd., KLA-Tencor Italy S.R.L., KLA-Tencor Japan Ltd., KLA-Tencor Korea, KLA-Tencor Limited, KLA-Tencor MIE GmbH, KLA-Tencor MIE Holdings GmbH & Co. KG, KLA-Tencor MIE Holdings S.à r.l., KLA-Tencor MIE Holdings Verwaltungs GmbH, KLA-Tencor Semiconductor Equipment Technology (Shanghai) Co. Ltd., KLA-Tencor Singapore Holding Co. Pte II Ltd., KLA-Tencor Singapore Holding Co. Pte. Ltd., KLA-Tencor Software India Private Limited, KT Recreation Association LLC, KT Venture Group II L.L.C., KT Venture Group L.L.C., KT Venture Mgmt. LLC, Keystone Merger Sub Inc., Lakers Holding Company APS, Laser Imaging Systems GmbH, Lee Ta Technologies (BVI) Inc., Luminescent Technologies, MicroSense, Microsense LLC, Nanomechanics Inc., New System SRL, OnWafer Technologies, Optical Metrology Patents Limited, Orbograph Ltd., Orbot Europe S.A, Orbotech, Orbotech Asia Ltd, Orbotech B.V., Orbotech Caribbean Ltd., Orbotech Deutschland GmbH, Orbotech Electronics (Shenzhen) Co. Ltd, Orbotech Electronics (Suzhou) Co Ltd, Orbotech Holding GmbH, Orbotech Inc., Orbotech Japan Ltd, Orbotech Korea Ltd, Orbotech LT Solar LLC, Orbotech Logistics Ltd, Orbotech Ltd, Orbotech Pacific Ltd., Orbotech S.A., Orbotech Singapore Corporation Pte Ltd, Orbotech Technology Ventures LP, Orbotech Technology Ventures Ltd., Orbotech Trading (Shanghai) Co. Ltd, Photon Dynamics Inc., Photon Dynamics Solar Corporation, Primaxx Inc., QC Optics, Qoniac, Qoniac GmbH, Qoniac Japan Ltd., Qoniac Korea Ltd., Qoniac Taiwan Ltd., SPTS Technologies (Shanghai) Co. Ltd., SPTS Technologies ET Ltd, SPTS Technologies GmbH, SPTS Technologies Inc., SPTS Technologies Limited, SPTS Technologies Ltd, SPTS Technologies Overseas Holdings Ltd., SPTS Technologies Pte Ltd., SPTS Technologies SAS, SPTS Technologies UK Limited, SensArray Corp, Therma-Wave, VLSI Standards Inc., Vistec Semiconductor Systems - MIE, Whiskey Holding Sub LLC, Zeta Instruments, and Zeta Instruments Inc..
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This page (NASDAQ:KLAC) was last updated on 2/21/2024 by MarketBeat.com Staff