KLA (NASDAQ:KLAC) Issues Q2 2027 Earnings Guidance

Posted by Stanley Muller on Oct 30th, 2026

KLA (NASDAQ:KLAC – Get Free Report) updated its second quarter 2027 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 1.330-1.550 for the period, compared to the consensus estimate of 1.360. The company issued revenue guidance of $4.5 billion-$4.9 billion, compared to the consensus revenue estimate of $4.5 billion.

Wall Street Analyst Weigh In

KLAC has been the subject of several research reports. Barclays reiterated an “overweight” rating and issued a $225.00 target price on shares of KLA in a research report on Monday, July 20th. JPMorgan Chase & Co. increased their target price on KLA from $238.00 to $240.00 and gave the company an “overweight” rating in a research note on Thursday. Jefferies Financial Group restated a “buy” rating and set a $210.00 price target (up from $200.00) on shares of KLA in a research report on Wednesday, July 29th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $180.00 price target (up from $170.00) on shares of KLA in a research note on Wednesday, July 29th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $200.00 price objective (down from $270.00) on shares of KLA in a report on Thursday. Nineteen analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $219.35.

Read Our Latest Research Report on KLAC

KLA Stock Down 2.7%

NASDAQ:KLAC opened at $162.92 on Friday. KLA has a 1-year low of $107.20 and a 1-year high of $307.37. 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 firm’s 50-day moving average price is $179.18 and its 200-day moving average price is $181.70. The company has a market capitalization of $212.61 billion, a PE ratio of 40.31, a P/E/G ratio of 1.41 and a beta of 1.45.

KLA (NASDAQ:KLAC – Get Free Report) last released its quarterly earnings data on Wednesday, October 28th. The semiconductor company reported $1.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.18 by $0.04. The business had revenue of $4.14 billion for the quarter, compared to analysts’ expectations of $4.04 billion. KLA had a return on equity of 91.73% and a net margin of 36.25%. The firm’s quarterly revenue was up 28.9% on a year-over-year basis. During the same period in the prior year, the firm posted $8.47 EPS. On average, equities analysts predict that KLA will post 5.43 EPS for the current fiscal year.

KLA Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Monday, August 17th were given a dividend of $0.23 per share. The ex-dividend date was Monday, August 17th. This is a positive change from KLA’s previous quarterly dividend of $0.23. This represents a $0.92 dividend on an annualized basis and a dividend yield of 0.6%. KLA’s dividend payout ratio (DPR) is 25.07%.

Insider Buying and Selling at KLA

In other KLA news, EVP Brian Lorig sold 59,586 shares of the stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $208.13, for a total value of $12,401,634.18. Following the sale, the executive vice president owned 77,681 shares in the company, valued at $16,167,746.53. This trade represents a 43.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Virendra Kirloskar sold 4,504 shares of the business’s stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $195.50, for a total transaction of $880,532.00. Following the completion of the sale, the chief accounting officer directly owned 7,972 shares of the company’s stock, valued at approximately $1,558,526. This trade represents a 36.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 243,339 shares of company stock valued at $46,903,454 over the last quarter. 79.39% of the stock is owned by corporate insiders.

Trending Headlines about KLA

Here are the key news stories impacting KLA this week:

Positive Sentiment: Quarterly results exceeded expectations. KLA reported fiscal 2027 first-quarter revenue of $4.14 billion, above the $4.04 billion consensus estimate. Non-GAAP EPS was $1.22 versus expectations of $1.18, while revenue increased 28.9% year over year. The company also generated $1.34 billion in free cash flow and returned $1.24 billion to shareholders. KLA Corporation Reports Fiscal 2027 First Quarter Results
Positive Sentiment: Next-quarter guidance topped consensus. KLA forecast fiscal second-quarter revenue of $4.5 billion to $4.9 billion, implying a midpoint of $4.7 billion versus the $4.5 billion analyst consensus. Adjusted EPS guidance of $1.33 to $1.55 also brackets a consensus estimate of $1.36. KLA Expects Second-Quarter Revenue Range
Positive Sentiment: AI-related demand remains the primary catalyst. Analysts cited rising wafer-inspection demand, margin expansion and the need for leading-edge fabs supporting AI chips. KLA expects the wafer-fabrication equipment market to exceed $200 billion in 2027, supporting a favorable multiyear outlook. KLA Forecasts Wafer Equipment Market Growth
Neutral Sentiment: Analyst sentiment is mixed. JPMorgan raised its target to $240 and maintained an overweight rating, while Citigroup maintained a buy rating despite trimming its target to $275. These targets still imply substantial upside, but the differing revisions suggest expectations remain unsettled.
Negative Sentiment: Several firms lowered price targets. Wells Fargo, Needham, Evercore ISI, Susquehanna, Cantor Fitzgerald and UBS reduced their targets following the results. UBS retained a hold rating, citing structural share-related headwinds, while Susquehanna also moved to neutral. These cuts may limit enthusiasm despite the strong operating outlook.

About KLA

(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.