KLA (NASDAQ:KLAC) Stock Price Expected to Rise, Berenberg Bank Analyst Says

KLA (NASDAQ:KLAC) had its target price raised by research analysts at Berenberg Bank from $1,010.00 to $1,460.00 in a note issued to investors on Thursday,MarketScreener reports. The brokerage presently has a “buy” rating on the semiconductor company’s stock. Berenberg Bank’s target price would suggest a potential upside of 20.79% from the company’s previous close.

Several other research analysts have also recently weighed in on KLAC. Barclays raised their target price on KLA from $1,200.00 to $1,300.00 and gave the company an “overweight” rating in a research note on Thursday. Cowen reaffirmed a “hold” rating on shares of KLA in a research note on Thursday. Weiss Ratings reaffirmed a “buy (b)” rating on shares of KLA in a research note on Wednesday, October 8th. New Street Research raised their target price on KLA from $980.00 to $1,230.00 and gave the company a “neutral” rating in a research note on Friday. Finally, Needham & Company LLC increased their price target on KLA from $1,100.00 to $1,350.00 and gave the company a “buy” rating in a research report on Thursday. Twelve analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the company. According to data from MarketBeat, KLA currently has an average rating of “Hold” and a consensus price target of $1,228.29.

KLA Price Performance

Shares of KLAC opened at $1,208.74 on Thursday. The firm has a market capitalization of $159.17 billion, a price-to-earnings ratio of 37.95, a price-to-earnings-growth ratio of 3.56 and a beta of 1.50. The company has a debt-to-equity ratio of 1.25, a quick ratio of 1.83 and a current ratio of 2.62. KLA has a one year low of $551.33 and a one year high of $1,284.47. The stock’s fifty day moving average is $1,037.12 and its 200-day moving average is $901.29.

KLA (NASDAQ:KLAC) last issued its quarterly earnings results on Wednesday, October 29th. The semiconductor company reported $8.81 EPS for the quarter, beating analysts’ consensus estimates of $8.47 by $0.34. The company had revenue of $3.21 billion for the quarter, compared to analyst estimates of $3.17 billion. KLA had a return on equity of 113.10% and a net margin of 33.83%.The company’s quarterly revenue was up 13.0% compared to the same quarter last year. During the same period last year, the company earned $7.33 earnings per share. KLA has set its Q2 2026 guidance at 7.920-9.480 EPS. Equities analysts anticipate that KLA will post 31.59 EPS for the current year.

Insider Activity

In other news, insider Ahmad A. Khan sold 13,716 shares of KLA stock in a transaction dated Friday, August 29th. The stock was sold at an average price of $881.50, for a total transaction of $12,090,654.00. Following the completion of the sale, the insider directly owned 27,372 shares in the company, valued at $24,128,418. The trade was a 33.38% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Brian Lorig sold 8,049 shares of KLA stock in a transaction dated 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 approximately $10,488,132.72. This represents a 41.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 32,566 shares of company stock worth $29,313,522 in the last three months. 91.48% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Activest Wealth Management raised its stake in shares of KLA by 4,100.0% in the 1st quarter. Activest Wealth Management now owns 42 shares of the semiconductor company’s stock valued at $29,000 after acquiring an additional 41 shares in the last quarter. Ulland Investment Advisors LLC bought a new position in shares of KLA in the 2nd quarter valued at approximately $32,000. Olde Wealth Management LLC bought a new position in shares of KLA in the 1st quarter valued at approximately $36,000. Saudi Central Bank bought a new position in shares of KLA in the 1st quarter valued at approximately $36,000. Finally, Sentry Investment Management LLC bought a new position in shares of KLA in the 2nd quarter valued at approximately $36,000. 86.65% of the stock is owned by institutional investors.

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.