KLA
KLAC

$702.80

3.47%

Market Cap: $94.5B

About: KLA is one of the largest semiconductor wafer fabrication equipment, or WFE, manufacturers in the world. It specializes in the market segment of semiconductor process control, wherein machines inspect semiconductor wafers during research and development and manufacturing for defects and verify precise measurements. In this section of the market, KLA holds a majority share. It also has a small exposure to the etch and deposition segments of the WFE market. It counts as top customers the largest chipmakers in the world, including TSMC and Samsung.

Employees: 15,230

Industrials Optical Instruments & Lenses

0

Funds holding %

of 6,686 funds

0

Analysts bullish %

of 13 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

44% more first-time investments, than exits

New positions opened: 169 | Existing positions closed: 117

22% more funds holding in top 10

Funds holding in top 10: 51 [Q1] → 62 (+11) [Q2]

17% more capital invested

Capital invested by funds: $82.3B [Q1] → $96.7B (+$14.4B) [Q2]

4% more funds holding

Funds holding: 1,434 [Q1] → 1,486 (+52) [Q2]

0.12% less ownership

Funds ownership: 87.24% [Q1] → 87.13% (-0.12%) [Q2]

7% less repeat investments, than reductions

Existing positions increased: 533 | Existing positions reduced: 571

7% less call options, than puts

Call options by funds: $921M | Put options by funds: $993M

See Fund Rankings

Research analyst outlook

13 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$680

3%

downside

Avg. target

$882

26%

upside

High target

$980

39%

upside

13 analyst ratings

8 positive

62%

5 neutral

38%

0 negative

0%

Citigroup Atif Malik 55% 1-year accuracy 21 / 38 met price target	37%upside $960	Buy Maintained	5 Aug 2024
Argus Research Jim Kelleher 33% 1-year accuracy 6 / 18 met price target	25%upside $875	Buy Maintained	26 Jul 2024
TD Cowen Krish Sankar 19% 1-year accuracy 4 / 21 met price target	8%upside $760	Hold Maintained	25 Jul 2024
Evercore ISI Group Mark Lipacis 49% 1-year accuracy 21 / 43 met price target	28%upside $900	Outperform Maintained	25 Jul 2024
Goldman Sachs Toshiya Hari 55% 1-year accuracy 32 / 58 met price target	19%upside $838	Buy Maintained	25 Jul 2024

See Analyst Rankings

Financial journalist opinion

Based on 15 articles about KLAC published over the past 30 days

Zacks Investment Research

KLA (KLAC) Increases Despite Market Slip: Here's What You Need to Know

The latest trading day saw KLA (KLAC) settling at $745.11, representing a +0.5% change from its previous close.

KLA (KLAC) Increases Despite Market Slip: Here's What You Need to Know

KLA Corporation (KLAC) Citi's 2024 Global TMT Conference (Transcript)

KLA Corporation (NASDAQ:KLAC ) Citi's 2024 Global TMT Conference September 4, 2024 10:00 AM ET Company Participants Bren Higgins - Chief Financial Officer Oreste Donzella - Executive VP & Chief Strategy Officer Conference Call Participants Atif Malik - Citi Atif Malik Good morning. Welcome to Day 1 of Citi Global TMT Conference.

KLA Corporation (KLAC) Citi's 2024 Global TMT Conference (Transcript)

KLA raises its quarterly dividend by 17%

The board of KLA has increased the company's quarterly dividend by 17%, to $1.70 a share.

KLA raises its quarterly dividend by 17%

KLA Corporation Announces Increase in Quarterly Dividend Level to $1.70 per share

MILPITAS, Calif. , Sept. 3, 2024 /PRNewswire/ -- KLA Corporation (NASDAQ: KLAC) is announcing a 17% increase in the quarterly dividend level to $1.70 per share from $1.45 per share beginning with the quarterly dividend expected to be declared in November 2024, the fifteenth consecutive annual increase in the quarterly dividend level for KLA.

KLA Corporation Announces Increase in Quarterly Dividend Level to $1.70 per share

KLA Corporation: Growth Recovery Supports Current Stock Price Level

KLA Corporation's 47% stock price increase is justified by strong growth drivers like advanced packaging, GAA architecture, and high NA EUV technology, boosting revenue forecasts by 3.3%. Despite a slight underperformance in 2023 due to TSMC delays, KLA is poised for recovery with TSMC's Arizona plant on track for 2025 production. We expect the closure of KLA's FPD division to contribute to margins minimally, increasing the total weighted average margin by only 0.3%.

KLA Corporation: Growth Recovery Supports Current Stock Price Level

Zacks Investment Research

Wall Street Bulls Look Optimistic About KLA (KLAC): Should You Buy?

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Wall Street Bulls Look Optimistic About KLA (KLAC): Should You Buy?

50 High Quality Dividend Stocks To Own For The Long Term

The High Quality Dividend Stock Investable Universe is a rules-based approach to finding the best dividend stocks to invest in. The universe is made up of 50 stocks with a focus on identifying companies with strong growth metrics and proven to be winners in the past. A custom valuation model is applied to the investable universe to determine buy, hold or trim ratings for each stock.

50 High Quality Dividend Stocks To Own For The Long Term

Zacks Investment Research

DAKT vs. KLAC: Which Stock Is the Better Value Option?

Investors interested in stocks from the Electronics - Miscellaneous Products sector have probably already heard of Daktronics (DAKT) and KLA (KLAC). But which of these two companies is the best option for those looking for undervalued stocks?

DAKT vs. KLAC: Which Stock Is the Better Value Option?

Zacks Investment Research

Why Is KLA (KLAC) Up 4.7% Since Last Earnings Report?

KLA (KLAC) reported earnings 30 days ago. What's next for the stock?

Why Is KLA (KLAC) Up 4.7% Since Last Earnings Report?

The Motley Fool

Stock-Split Watch: 3 Artificial Intelligence (AI) Stocks That Look Ready to Split

Meta Platforms' Llama model could become the biggest AI model in the world. KLA Corporation is riding the AI boom to higher revenue and profits.

Stock-Split Watch: 3 Artificial Intelligence (AI) Stocks That Look Ready to Split

See News Rankings