KLA (NASDAQ:KLAC) Stock Price Target Raised at JPMorgan Chase & Co.

Posted by George Bondi on Oct 29th, 2026

KLA (NASDAQ:KLAC – Get Free Report) had its price target upped by research analysts at JPMorgan Chase & Co. from $238.00 to $240.00 in a research report issued to clients and investors on Thursday, Benzinga reports. The firm presently has an “overweight” rating on the semiconductor company’s stock. JPMorgan Chase & Co.‘s price objective points to a potential upside of 43.34% from the company’s previous close.

A number of other brokerages have also issued reports on KLAC. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $230.00 target price on shares of KLA in a research report on Tuesday, July 28th. Cantor Fitzgerald set a $240.00 price target on KLA in a report on Thursday. BMO Capital Markets set a $133.00 price objective on KLA in a research note on Thursday. Evercore restated an “outperform” rating and set a $185.00 price objective on shares of KLA in a report on Thursday. Finally, Piper Sandler set a $425.00 target price on KLA in a research report on Thursday. Nineteen investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $219.35.

View Our Latest Report on KLAC

KLA Stock Up 5.5%

KLA stock traded up $8.66 during midday trading on Thursday, hitting $167.43. 15,082,885 shares of the stock were exchanged, compared to its average volume of 11,159,876. KLA has a 1 year low of $107.20 and a 1 year high of $307.37. The firm has a market cap of $218.50 billion, a P/E ratio of 45.66, a P/E/G ratio of 1.29 and a beta of 1.45. The company has a debt-to-equity ratio of 0.93, a current ratio of 2.88 and a quick ratio of 2.03. The company has a 50 day moving average price of $179.57 and a two-hundred day moving average price of $181.57.

KLA (NASDAQ:KLAC – Get Free Report) last issued its quarterly earnings data on Wednesday, October 28th. The semiconductor company reported $1.22 EPS for the quarter, topping analysts’ consensus estimates of $1.18 by $0.04. The firm had revenue of $4.14 billion for the quarter, compared to analyst estimates of $4.04 billion. KLA had a net margin of 35.57% and a return on equity of 87.66%. The firm’s revenue was up 28.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $8.47 EPS. On average, sell-side analysts predict that KLA will post 5.43 earnings per share for the current fiscal year.

Insider Buying and Selling at KLA

In other KLA news, EVP MaryBeth Wilkinson sold 13,802 shares of the stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $195.50, for a total transaction of $2,698,291.00. Following the sale, the executive vice president directly owned 22,110 shares of the company’s stock, valued at approximately $4,322,505. This represents a 38.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Virendra Kirloskar sold 4,504 shares of the firm’s stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $195.50, for a total transaction of $880,532.00. Following the completion of the transaction, the chief accounting officer owned 7,972 shares in the company, valued at approximately $1,558,526. The trade was a 36.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 243,339 shares of company stock worth $46,903,454. Company insiders own 79.39% of the company’s stock.

Institutional Investors Weigh In On KLA

A number of institutional investors have recently modified their holdings of the business. Cornerstone Planning Group LLC boosted its stake in KLA by 36.4% in the first quarter. Cornerstone Planning Group LLC now owns 60 shares of the semiconductor company’s stock valued at $88,000 after acquiring an additional 16 shares during the period. Allied Private Wealth LLC acquired a new stake in shares of KLA during the 2nd quarter worth approximately $27,000. McIlrath & Eck LLC raised its position in shares of KLA by 6.8% during the 1st quarter. McIlrath & Eck LLC now owns 94 shares of the semiconductor company’s stock worth $139,000 after purchasing an additional 6 shares during the period. Roble Belko & Company Inc lifted its holdings in shares of KLA by 2,275.0% in the 2nd quarter. Roble Belko & Company Inc now owns 95 shares of the semiconductor company’s stock worth $29,000 after purchasing an additional 91 shares during the last quarter. Finally, Atomic Invest LLC lifted its holdings in shares of KLA by 781.8% in the 2nd quarter. Atomic Invest LLC now owns 97 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 86 shares during the last quarter. Institutional investors own 86.65% of the company’s stock.

Key KLA News

Here are the key news stories impacting KLA this week:

Positive Sentiment: KLA reported fiscal 2027 first-quarter revenue of $4.14 billion, exceeding the $4.04 billion consensus estimate, while adjusted EPS of $1.22 topped expectations of $1.18. Revenue increased 28.9% year over year, marking the company’s 10th consecutive quarter of growth. KLA Corporation Reports Fiscal 2027 First Quarter Results
Positive Sentiment: Management’s fiscal second-quarter outlook was stronger than anticipated, calling for revenue of $4.5 billion to $4.9 billion, or roughly $4.7 billion at the midpoint. KLA also expects the wafer-fabrication equipment market to exceed $200 billion in 2027, reinforcing the outlook for semiconductor capital spending. KLA forecasts December-quarter revenue and wafer equipment market outlook
Positive Sentiment: Cash generation remained strong, with quarterly operating cash flow of $1.53 billion and free cash flow of $1.34 billion. KLA returned $1.24 billion to shareholders during the quarter, supporting the investment case. KLA fiscal 2027 first-quarter results
Positive Sentiment: Broader semiconductor-equipment shares benefited from expectations of prolonged memory shortages and years of additional fab construction, providing a favorable industry backdrop for KLA. Chip equipment stocks rally on memory shortage outlook

KLA Company Profile

(Get Free Report)

KLA Corporation (NASDAQ: KLAC) develops process control, inspection and yield management solutions for the semiconductor and other advanced manufacturing industries. Its technologies help manufacturers identify defects, measure critical dimensions and monitor production processes to improve quality, reliability and manufacturing efficiency.

The company’s product portfolio includes wafer and reticle inspection systems, metrology and measurement tools, defect review and classification systems, and software for analyzing manufacturing data.