Analysts Set KLA Corporation (NASDAQ:KLAC) Target Price at $807.06

27 Jun 2025, 08:33 by Kim Johansen · The Markets Daily

KLA Corporation (NASDAQ:KLAC – Get Free Report) has been given an average rating of “Moderate Buy” by the nineteen analysts that are currently covering the stock, Marketbeat reports. Eight analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $815.39.

A number of equities analysts have weighed in on KLAC shares. JPMorgan Chase & Co. cut their target price on shares of KLA from $950.00 to $900.00 and set an “overweight” rating for the company in a research report on Thursday, May 1st. Deutsche Bank Aktiengesellschaft cut shares of KLA from a “buy” rating to a “hold” rating and set a $790.00 price target on the stock. in a research note on Tuesday, May 20th. TD Securities raised their price objective on shares of KLA from $770.00 to $800.00 and gave the stock a “hold” rating in a report on Thursday, May 1st. Cantor Fitzgerald reiterated an “overweight” rating on shares of KLA in a research note on Tuesday. Finally, Stifel Nicolaus boosted their target price on shares of KLA from $750.00 to $770.00 and gave the company a “buy” rating in a report on Thursday, May 1st.

Get Our Latest Stock Analysis on KLAC

KLA Stock Up 1.1%

KLA stock opened at $902.94 on Friday. KLA has a fifty-two week low of $551.33 and a fifty-two week high of $914.83. The company has a debt-to-equity ratio of 1.47, a quick ratio of 1.74 and a current ratio of 2.54. The firm’s 50-day simple moving average is $773.81 and its 200 day simple moving average is $722.42. The stock has a market cap of $119.40 billion, a PE ratio of 32.82, a price-to-earnings-growth ratio of 1.70 and a beta of 1.40.

KLA (NASDAQ:KLAC – Get Free Report) last released its earnings results on Wednesday, April 30th. The semiconductor company reported $8.41 EPS for the quarter, topping analysts’ consensus estimates of $8.08 by $0.33. KLA had a return on equity of 112.97% and a net margin of 31.99%. The company had revenue of $3.06 billion for the quarter, compared to analysts’ expectations of $3.01 billion. During the same period in the previous year, the business posted $5.26 EPS. The business’s revenue for the quarter was up 35.5% compared to the same quarter last year. Research analysts predict that KLA will post 31.59 EPS for the current fiscal year.

KLA declared that its Board of Directors has authorized a stock repurchase program on Wednesday, April 30th that permits the company to repurchase $5.00 billion in shares. This repurchase authorization permits the semiconductor company to buy up to 5.4% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company’s board believes its stock is undervalued.

KLA Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 3rd. Stockholders of record on Monday, May 19th were paid a $1.90 dividend. The ex-dividend date of this dividend was Monday, May 19th. This is a boost from KLA’s previous quarterly dividend of $1.70. This represents a $7.60 dividend on an annualized basis and a dividend yield of 0.84%. KLA’s dividend payout ratio is 27.63%.

Insider Buying and Selling

In related news, CFO Bren D. Higgins sold 1,019 shares of the stock in a transaction that occurred on Thursday, May 22nd. The stock was sold at an average price of $766.46, for a total transaction of $781,022.74. Following the completion of the transaction, the chief financial officer now directly owns 27,779 shares of the company’s stock, valued at approximately $21,291,492.34. This represents a 3.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Richard P. Wallace sold 10,802 shares of the stock in a transaction that occurred on Tuesday, May 6th. The shares were sold at an average price of $683.30, for a total value of $7,381,006.60. Following the transaction, the chief executive officer now owns 78,740 shares of the company’s stock, valued at $53,803,042. This represents a 12.06% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.12% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On KLA

Hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in shares of KLA by 0.6% during the first quarter. Vanguard Group Inc. now owns 13,564,622 shares of the semiconductor company’s stock valued at $9,221,230,000 after purchasing an additional 80,154 shares during the period. Capital International Investors lifted its holdings in KLA by 0.4% during the 4th quarter. Capital International Investors now owns 3,606,838 shares of the semiconductor company’s stock valued at $2,273,118,000 after buying an additional 14,397 shares in the last quarter. Geode Capital Management LLC lifted its holdings in KLA by 1.0% during the 4th quarter. Geode Capital Management LLC now owns 3,253,302 shares of the semiconductor company’s stock valued at $2,046,472,000 after buying an additional 31,608 shares in the last quarter. Norges Bank purchased a new stake in KLA in the 4th quarter valued at about $1,175,756,000. Finally, Goldman Sachs Group Inc. boosted its position in KLA by 27.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,852,814 shares of the semiconductor company’s stock valued at $1,259,543,000 after buying an additional 404,634 shares during the period. 86.65% of the stock is currently owned by institutional investors.

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