KLAKLAC
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
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
Research analyst outlook
13 Wall Street Analysts provided 1 year price targets over the past 3 months
13 analyst ratings
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 |
Financial journalist opinion
Based on 15 articles about KLAC published over the past 30 days