KLA Stock Forecast, Price & News

KLA's stock was trading at $144.92 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, KLAC shares have increased by 29.7% and is now trading at $187.91.
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16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for KLA in the last year. There are currently 6 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for KLA.

KLA is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020.
View our earnings forecast for KLA.

KLA Corporation (NASDAQ:KLAC) announced its earnings results on Monday, August, 3rd. The semiconductor company reported $2.73 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $2.35 by $0.38. The semiconductor company earned $1.46 billion during the quarter, compared to analyst estimates of $1.42 billion. KLA had a net margin of 20.96% and a return on equity of 63.04%. KLA's revenue for the quarter was up 16.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.78 earnings per share.
View KLA's earnings history.

KLA announced a quarterly dividend on Thursday, August 6th. Investors of record on Monday, August 17th will be paid a dividend of $0.90 per share on Tuesday, September 1st. This represents a $3.60 annualized dividend and a yield of 1.92%. The ex-dividend date of this dividend is Friday, August 14th. This is a positive change from KLA's previous quarterly dividend of $0.85.
View KLA's dividend history.

KLA issued an update on its first quarter earnings guidance on Monday, August, 3rd. The company provided earnings per share guidance of $2.42-3.06 for the period, compared to the Thomson Reuters consensus estimate of $2.37. The company issued revenue guidance of $1.405-1.555 billion, compared to the consensus revenue estimate of $1.40 billion.

16 brokerages have issued twelve-month target prices for KLA's stock. Their forecasts range from $158.00 to $250.00. On average, they anticipate KLA's stock price to reach $210.38 in the next year. This suggests a possible upside of 12.0% from the stock's current price.
View analysts' price targets for KLA.

KLA saw a decrease in short interest during the month of September. As of September 15th, there was short interest totaling 2,520,000 shares, a decrease of 22.2% from the August 31st total of 3,240,000 shares. Based on an average trading volume of 1,260,000 shares, the days-to-cover ratio is currently 2.0 days. Currently, 1.6% of the shares of the company are short sold.
View KLA's Short Interest.

Some companies that are related to KLA include Applied Materials (AMAT), Lam Research (LRCX), Teradyne (TER), Entegris (ENTG), MKS Instruments (MKSI), Cabot Microelectronics (CCMP), Brooks Automation (BRKS), Amkor Technology (AMKR), Advanced Energy Industries (AEIS), FormFactor (FORM), Nanometrics (ONTO), Xperi (XPER), Ultra Clean (UCTT), Axcelis Technologies (ACLS) and Cohu (COHU).
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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.com (CRM), Alibaba Group (BABA) and Adobe (ADBE).

KLA trades on the NASDAQ under the ticker symbol "KLAC."

KLA's stock is owned by many different institutional and retail investors. Top institutional investors include California Public Employees Retirement System (0.23%), Cookson Peirce & Co. Inc. (0.12%), PGGM Investments (0.11%), Scout Investments Inc. (0.09%), Hosking Partners LLP (0.07%) and Kornitzer Capital Management Inc. KS (0.06%). Company insiders that own KLA stock include Ahmad A Khan, Amichai Steimberg, Bren D Higgins, Brian Lorig, Brian M Trafas, Emiko Higashi, Kevin Kennedy, Kiran M Patel, Oreste Donzella, Richard P Wallace, Teri A Little and Virendra A Kirloskar.
View institutional ownership trends for KLA.

KLAC stock was sold by a variety of institutional investors in the last quarter, including Scout Investments Inc., Lateef Investment Management L.P., BNP PARIBAS ASSET MANAGEMENT Holding S.A., Toronto Dominion Bank, Hosking Partners LLP, Hussman Strategic Advisors Inc., California Public Employees Retirement System, and Teachers Retirement System of The State of Kentucky. Company insiders that have sold KLA company stock in the last year include Ahmad A Khan, Amichai Steimberg, Bren D Higgins, Brian Lorig, Brian M Trafas, Kevin Kennedy, Kiran M Patel, Oreste Donzella, Richard P Wallace, Teri A Little, and Virendra A Kirloskar.
View insider buying and selling activity for KLA.

KLAC stock was bought by a variety of institutional investors in the last quarter, including Kornitzer Capital Management Inc. KS, PGGM Investments, Meritage Portfolio Management, Gabelli Funds LLC, Handelsbanken Fonder AB, State of Tennessee Treasury Department, Ensign Peak Advisors Inc, and Butensky & Cohen Financial Security Inc..
View insider buying and selling activity for KLA.

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

One share of KLAC stock can currently be purchased for approximately $187.91.

KLA has a market capitalization of $29.21 billion and generates $5.81 billion in revenue each year. The semiconductor company earns $1.22 billion in net income (profit) each year or $10.35 on an earnings per share basis. KLA employs 10,600 workers across the globe.

The official website for KLA is www.kla.com.

KLA's mailing address is ONE TECHNOLOGY DRIVE, MILPITAS CA, 95035. The semiconductor company can be reached via phone at 408-875-3000 or via email at [email protected]