KLA (NASDAQ:KLAC – Get Free Report) had its price objective lifted by analysts at Susquehanna from $745.00 to $1,125.00 in a research note issued on Friday,MarketScreener reports. The firm currently has a “neutral” rating on the semiconductor company’s stock. Susquehanna’s price target indicates a potential downside of 6.93% from the company’s current price.
KLAC has been the subject of several other reports. JPMorgan Chase & Co. raised their price objective on shares of KLA from $1,070.00 to $1,485.00 and gave the stock an “overweight” rating in a report on Thursday. Wells Fargo & Company raised their price objective on shares of KLA from $1,115.00 to $1,250.00 and gave the stock an “equal weight” rating in a report on Thursday. Evercore ISI raised their price objective on shares of KLA from $1,000.00 to $1,350.00 and gave the stock an “outperform” rating in a report on Thursday. Citigroup raised their price objective on shares of KLA from $1,035.00 to $1,060.00 and gave the stock a “buy” rating in a report on Friday, August 1st. Finally, Raymond James Financial restated an “outperform” rating and issued a $950.00 price target (up from $850.00) on shares of KLA in a research report on Friday, August 1st. Twelve analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $1,228.29.
KLA Price Performance
KLA (NASDAQ:KLAC – Get Free Report) last announced its quarterly earnings data on Wednesday, October 29th. The semiconductor company reported $8.81 earnings per share for the quarter, topping the consensus estimate of $8.47 by $0.34. The company had revenue of $3.21 billion during the quarter, compared to analyst estimates of $3.17 billion. KLA had a net margin of 33.83% and a return on equity of 113.10%. The firm’s revenue for the quarter was up 13.0% compared to the same quarter last year. During the same period last year, the business earned $7.33 EPS. KLA has set its Q2 2026 guidance at 7.920-9.480 EPS. As a group, research analysts anticipate that KLA will post 31.59 earnings per share for the current fiscal year.
Insider Buying and Selling at KLA
In other KLA news, EVP Brian Lorig sold 8,049 shares of the business’s stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $913.68, for a total value of $7,354,210.32. Following the sale, the executive vice president owned 11,479 shares of the company’s stock, valued at $10,488,132.72. The trade was a 41.22% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Richard P. Wallace sold 10,801 shares of the business’s stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $913.68, for a total transaction of $9,868,657.68. Following the completion of the sale, the chief executive officer directly owned 92,818 shares in the company, valued at $84,805,950.24. This trade represents a 10.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 32,566 shares of company stock valued at $29,313,522 in the last 90 days. 91.48% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On KLA
Institutional investors and hedge funds have recently bought and sold shares of the business. Kingswood Wealth Advisors LLC grew its holdings in shares of KLA by 3.4% in the 3rd quarter. Kingswood Wealth Advisors LLC now owns 271 shares of the semiconductor company’s stock worth $292,000 after purchasing an additional 9 shares during the last quarter. Canandaigua National Bank & Trust Co. grew its holdings in shares of KLA by 1.2% in the 3rd quarter. Canandaigua National Bank & Trust Co. now owns 836 shares of the semiconductor company’s stock worth $902,000 after purchasing an additional 10 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. grew its holdings in shares of KLA by 3.9% in the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 267 shares of the semiconductor company’s stock worth $288,000 after purchasing an additional 10 shares during the last quarter. Leavell Investment Management Inc. grew its holdings in shares of KLA by 1.9% in the 3rd quarter. Leavell Investment Management Inc. now owns 581 shares of the semiconductor company’s stock worth $627,000 after purchasing an additional 11 shares during the last quarter. Finally, Valeo Financial Advisors LLC grew its holdings in shares of KLA by 1.1% in the 2nd quarter. Valeo Financial Advisors LLC now owns 1,224 shares of the semiconductor company’s stock worth $1,096,000 after purchasing an additional 13 shares during the last quarter. Institutional investors own 86.65% of the company’s stock.
KLA Company Profile
KLA Corporation, together with its subsidiaries, engages in the design, manufacture, and marketing of process control, process-enabling, and yield management solutions for the semiconductor and related electronics industries worldwide. It operates through three segments: Semiconductor Process Control; Specialty Semiconductor Process; and PCB and Component Inspection.
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