KLA (KLAC) Stock Forecast & Price Target

$787.39

+24.58 (+3.22%)

(As of 07/26/2024 ET)

KLA - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 22 Analyst Ratings

Based on 22 Wall Street analysts who have issued ratings for KLA in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 22 analysts, 8 have given a hold rating, and 14 have given a buy rating for KLAC.

Consensus Price Target

$806.24
2.39% Upside

High Forecast	$980.00
Average Forecast	$806.24
Low Forecast	$550.00

According to the 22 analysts' twelve-month price targets for KLA, the average price target is $806.24. The highest price target for KLAC is $980.00, while the lowest price target for KLAC is $550.00. The average price target represents a forecasted upside of 2.39% from the current price of $787.39.

Type	Current Forecast 7/28/23 to 7/27/24	1 Month Ago 6/28/23 to 6/27/24	3 Months Ago 4/29/23 to 4/28/24	1 Year Ago 7/28/22 to 7/28/23
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	14 Buy rating(s)	13 Buy rating(s)	12 Buy rating(s)	7 Buy rating(s)
Hold	8 Hold rating(s)	8 Hold rating(s)	7 Hold rating(s)	7 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$806.24	$747.40	$720.42	$448.76
Forecasted Upside	2.39% Upside	10.80% Upside	9.80% Upside	7.15% Upside

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KLAC Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

KLAC Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

KLA Stock vs. The Competition

Type	KLA	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.64	2.61	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	2.39% Upside	554.04% Upside	9.09% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

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Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
7/26/2024	Argus 2 of 5 stars		Boost Target	Buy ➝ Buy	$800.00 ➝ $875.00	+10.90%
7/25/2024	Evercore ISI 2 of 5 stars		Boost Target	Outperform ➝ Outperform	$800.00 ➝ $900.00	+14.51%
7/25/2024	The Goldman Sachs Group 2 of 5 stars		Boost Target	Buy ➝ Buy	$735.00 ➝ $838.00	+8.85%
7/25/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$800.00 ➝ $950.00	+24.66%
7/25/2024	Cantor Fitzgerald Subscribe to MarketBeat All Access for the recommendation accuracy rating	C. Muse Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Neutral ➝ Neutral	$950.00 ➝ $950.00	+24.66%
7/25/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$765.00 ➝ $800.00	+5.85%
Get the Latest News and Ratings for KLAC and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for KLA and its competitors with MarketBeat's FREE daily newsletter.
7/25/2024	Susquehanna Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$730.00 ➝ $680.00	-10.03%
7/25/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold ➝ Hold	$700.00 ➝ $760.00	+0.56%
7/16/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$760.00 ➝ $875.00	+1.94%
7/15/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$760.00 ➝ $980.00	+13.60%
6/17/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$860.00 ➝ $950.00	+15.39%
6/7/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$750.00 ➝ $875.00	+13.27%
5/13/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy ➝ Buy	$740.00 ➝ $820.00	+14.16%
4/26/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$692.00 ➝ $698.00	-1.38%
4/26/2024	Needham & Company LLC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Hold
4/11/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$800.00	+15.73%
3/14/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$740.00 ➝ $850.00	+22.21%
3/5/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$605.00 ➝ $760.00	+6.50%
1/26/2024	Berenberg Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$670.00 ➝ $690.00	+7.53%
12/18/2023	New Street Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$730.00	+24.76%
11/22/2023	Redburn Atlantic Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral	$550.00	-0.13%
9/14/2023	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$600.00	+25.03%
4/6/2023	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Neutral	$435.00	+13.99%
3/1/2023	KGI Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Neutral
1/27/2023	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Market Perform	$325.00 ➝ $410.00	-4.38%
1/13/2023	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight	$410.00 ➝ $468.00	+11.73%
10/27/2022	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$325.00	+5.38%
10/27/2022	Susquehanna Bancshares Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$350.00 ➝ $355.00	+15.86%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 06:13 AM ET.

KLAC Forecast - Frequently Asked Questions

What is KLA's forecast for 2024?: According to the research reports of 22 Wall Street equities research analysts, the average twelve-month stock price forecast for KLA is $806.24, with a high forecast of $980.00 and a low forecast of $550.00.
Should I buy or sell KLA stock right now?: 22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for KLA in the last twelve months. There are currently 8 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" KLAC shares.
Does KLA's stock price have much upside?: According to analysts, KLA's stock has a predicted upside of 11.12% based on their 12-month stock forecasts.
Has KLA been upgraded by Wall Street analysts recently?: Over the previous 90 days, KLA's stock had 1 upgrade by analysts.
What analysts cover KLA?: KLA has been rated by research analysts at Argus, Barclays, Cantor Fitzgerald, Citigroup, Evercore ISI, Jefferies Financial Group, JPMorgan Chase & Co., Raymond James, Stifel Nicolaus, Susquehanna, TD Cowen, The Goldman Sachs Group, and Wells Fargo & Company in the past 90 days.
Do Wall Street analysts like KLA more than its competitors?: Analysts like KLA more than other "computer and technology" companies. The consensus rating score for KLA is 2.64 while the average consensus rating score for "computer and technology" companies is 2.61. Learn more on how KLAC compares to other companies.