KLA - KLAC Stock Forecast, Price & News

15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for KLA in the last year. There are currently 1 sell rating, 6 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.

15 Wall Street research analysts have issued 1 year target prices for KLA's stock. Their KLAC share price forecasts range from $325.00 to $505.00. On average, they anticipate the company's stock price to reach $400.61 in the next year. This suggests a possible upside of 4.9% from the stock's current price.
View analysts price targets for KLAC or view top-rated stocks among Wall Street analysts.

KLA's stock was trading at $377.03 at the beginning of the year. Since then, KLAC shares have increased by 1.3% and is now trading at $381.86.
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KLA saw a increase in short interest in February. As of February 28th, there was short interest totaling 2,410,000 shares, an increase of 21.7% from the February 13th total of 1,980,000 shares. Based on an average daily volume of 1,200,000 shares, the days-to-cover ratio is currently 2.0 days. Approximately 1.8% of the shares of the stock are short sold.
View KLA's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our KLAC earnings forecast.

KLA Co. (NASDAQ:KLAC) announced its earnings results on Thursday, January, 26th. The semiconductor company reported $7.38 earnings per share for the quarter, topping the consensus estimate of $7.08 by $0.30. The semiconductor company earned $2.98 billion during the quarter, compared to analyst estimates of $2.83 billion. KLA had a trailing twelve-month return on equity of 145.21% and a net margin of 33.77%. KLA's revenue was up 26.8% compared to the same quarter last year. During the same quarter last year, the firm posted $5.59 EPS.
Read the conference call transcript.

KLA declared a quarterly dividend on Thursday, February 2nd. Stockholders of record on Monday, February 13th will be given a dividend of $1.30 per share on Wednesday, March 1st. This represents a $5.20 annualized dividend and a yield of 1.36%. The ex-dividend date is Friday, February 10th.
Read our dividend analysis for KLAC.

ETFs with the largest weight of KLA (NASDAQ:KLAC) stock in their portfolio include ProShares Nanotechnology ETF (TINY), Logan Capital Broad Innovative Growth ETF (LCLG), Columbia Seligman Semiconductor and Technology ETF (SEMI), VanEck Semiconductor ETF (SMH), Strive U.S. Semiconductor ETF (SHOC), Invesco PHLX Semiconductor ETF (SOXQ), iShares Semiconductor ETF (SOXX) and First Trust Nasdaq Semiconductor ETF (FTXL).

KLA (NASDAQ:KLAC) pays an annual dividend of $5.20 per share and currently has a dividend yield of 1.33%. The company has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 21.38%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KLAC will have a dividend payout ratio of 27.35% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for KLAC.

KLA announced that its Board of Directors has initiated a share repurchase plan on Thursday, June 16th 2022, which allows the company to buyback $6,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 12.9% of its stock through open market purchases. Stock buyback plans are often an indication that the company's management believes its shares are undervalued.

KLA updated its third quarter earnings guidance on Thursday, January, 26th. The company provided earnings per share guidance of $4.52-5.92 for the period, compared to the consensus estimate of $5.82. The company issued revenue guidance of $2.2-2.5 billion, compared to the consensus revenue estimate of $2.50 billion.

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.

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).

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

KLA's stock is owned by many different retail and institutional investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (3.73%), Geode Capital Management LLC (1.86%), T. Rowe Price Investment Management Inc. (1.60%), Bank of America Corp DE (1.14%), Norges Bank (1.10%) and Amundi (1.08%). Insiders that own company stock include Ahmad A Khan, Bren D Higgins, Brian Lorig, Gary B Moore, Kevin Kennedy, Kiran M Patel, Mary Beth Wilkinson, Oreste Donzella, Richard P Wallace, Virendra A Kirloskar and Virendra A Kirloskar.
View institutional ownership trends.

Shares of KLAC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of KLAC stock can currently be purchased for approximately $381.86.

KLA (NASDAQ:KLAC) has a market capitalization of $52.88 billion and generates $10.48 billion in revenue each year. The semiconductor company earns $3.32 billion in net income (profit) each year or $24.32 on an earnings per share basis.

The company employs 14,280 workers across the globe.

KLA's mailing address is ONE TECHNOLOGY DRIVE, MILPITAS CA, 95035. The official website for the company is www.kla.com. The semiconductor company can be reached via phone at (408) 875-3000, via email at ir@kla-tencor.com, or via fax at 408-875-4144.