KLA (KLAC) Stock Forecast, Price & News

15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for KLA in the last twelve months. There are currently 1 sell rating, 7 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street 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 equities research analysts have issued 12 month target prices for KLA's stock. Their KLAC share price forecasts range from $325.00 to $468.00. On average, they predict the company's share price to reach $399.26 in the next twelve months. This suggests that the stock has a possible downside of 5.8%.
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 12.4% and is now trading at $423.64.
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KLA saw a decrease in short interest in the month of April. As of April 30th, there was short interest totaling 1,910,000 shares, a decrease of 5.9% from the April 15th total of 2,030,000 shares. Based on an average daily trading volume, of 1,040,000 shares, the short-interest ratio is currently 1.8 days. Approximately 1.4% of the shares of the company are sold short.
View KLA's Short Interest.

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

KLA Co. (NASDAQ:KLAC) posted its quarterly earnings data on Wednesday, April, 26th. The semiconductor company reported $5.49 EPS for the quarter, topping analysts' consensus estimates of $5.30 by $0.19. The semiconductor company had revenue of $2.43 billion for the quarter, compared to analyst estimates of $2.38 billion. KLA had a net margin of 33.01% and a trailing twelve-month return on equity of 167.59%. The firm's revenue was up 6.3% compared to the same quarter last year. During the same period last year, the business earned $5.13 earnings per share.
Read the conference call transcript.

KLA announced a quarterly dividend on Thursday, May 4th. Stockholders of record on Monday, May 15th will be paid a dividend of $1.30 per share on Thursday, June 1st. This represents a $5.20 annualized dividend and a yield of 1.23%. The ex-dividend date of this dividend is Friday, May 12th.
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), First Trust Nasdaq Semiconductor ETF (FTXL), iShares Semiconductor ETF (SOXX), Invesco PHLX Semiconductor ETF (SOXQ), WBI BullBear Value 3000 ETF (WBIF) and Strive U.S. Semiconductor ETF (SHOC).

KLA (NASDAQ:KLAC) pays an annual dividend of $5.20 per share and currently has a dividend yield of 1.21%. 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 21.21%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KLAC will have a dividend payout ratio of 26.20% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for KLAC.

KLA declared that its board has approved a stock buyback plan on Thursday, June 16th 2022, which permits the company to repurchase $6,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 12.9% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's board believes its stock is undervalued.

KLA updated its fourth quarter earnings guidance on Wednesday, April, 26th. The company provided earnings per share guidance of $4.23-$5.43 for the period, compared to the consensus earnings per share estimate of $4.52. The company issued revenue guidance of $2.125-$2.375 billion, compared to the consensus revenue estimate of $2.19 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 a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.01%), State Street Corp (4.18%), Envestnet Asset Management Inc. (2.82%), Wellington Management Group LLP (2.15%), Geode Capital Management LLC (2.07%) and FMR LLC (2.03%). 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 $423.64.

KLA (NASDAQ:KLAC) has a market capitalization of $58.12 billion and generates $9.21 billion in revenue each year. The semiconductor company earns $3.32 billion in net income (profit) each year or $24.52 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.