KLA (KLAC) Stock Forecast, Price Target & Predictions
KLAC Stock Forecast
KLA stock forecast is as follows: an average price target of $590.28 (represents a -21.45% downside from KLAC’s last price of $751.50) and a rating consensus of 'Buy', based on 14 wall street analysts offering a 1-year stock forecast.
KLAC Price Target
The average price target for KLA (KLAC) is $590.28 based on 1-year price targets from 14 Wall Street analysts in the past 3 months, with a price target range of $900.00 to $345.00. This represents a potential -21.45% downside from KLAC's last price of $751.50.
KLAC Analyst Ratings
According to 14 Wall Street analysts, KLA's rating consensus is 'Buy'. The analyst rating breakdown for KLAC stock is 0 'Strong Buy' (0.00%), 9 'Buy' (64.29%), 5 'Hold' (35.71%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
KLA Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 26, 2024 | Jim Kelleher | Argus Research | $875.00 | $786.31 | 11.28% | 16.43% |
| Jul 25, 2024 | Mark Lipacis | Evercore ISI | $900.00 | $755.77 | 19.08% | 19.76% |
| Jul 25, 2024 | Tom O'Malley | Barclays | $800.00 | $755.77 | 5.85% | 6.45% |
| Jul 16, 2024 | Brian Chin | Stifel Nicolaus | $875.00 | $857.12 | 2.09% | 16.43% |
| Jun 07, 2024 | Srini Pajjuri | Raymond James | $875.00 | $780.60 | 12.09% | 16.43% |
| Jun 05, 2024 | Tom O'Malley | Barclays | $765.00 | $750.56 | 1.92% | 1.80% |
| Apr 30, 2024 | Jim Kelleher | Argus Research | $800.00 | $689.29 | 16.06% | 6.45% |
| Apr 16, 2024 | Brian Chin | Stifel Nicolaus | $760.00 | $693.31 | 9.62% | 1.13% |
| Apr 15, 2024 | Mark Lipacis | Evercore ISI | $800.00 | $678.49 | 17.91% | 6.45% |
| Apr 11, 2024 | Meliss Weathers | Deutsche Bank | $800.00 | $687.12 | 16.43% | 6.45% |
The latest KLA stock forecast, released on Jul 26, 2024 by Jim Kelleher from Argus Research, set a price target of $875.00, which represents a 11.28% increase from the stock price at the time of the forecast ($786.31), and a 16.43% increase from KLAC last price ($751.50).
KLA Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 4 | 11 |
| Avg Price Target | - | $862.50 | $819.09 |
| Last Closing Price | $751.50 | $751.50 | $751.50 |
| Upside/Downside | -100.00% | 14.77% | 8.99% |
In the current month, the average price target of KLA stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to KLA's last price of $751.50. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 12, 2024 | Wells Fargo | Buy | Buy | Hold |
| Aug 05, 2024 | Wells Fargo | Buy | Buy | Hold |
| Jul 25, 2024 | Evercore ISI | Outperform | Outperform | Hold |
| Jul 25, 2024 | Cowen & Co. | Hold | Hold | Hold |
| Jul 25, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Jul 15, 2024 | Citigroup | Buy | Buy | Hold |
| Jun 07, 2024 | Raymond James | Outperform | Outperform | Hold |
| Jun 05, 2024 | Wells Fargo | Buy | Buy | Hold |
| Apr 23, 2024 | Citigroup | Buy | Buy | Hold |
| Apr 23, 2024 | Citigroup | Neutral | Neutral | Hold |
KLA's last stock rating was published by Wells Fargo on Sep 12, 2024. The company gave KLAC a "Buy" rating, the same as its previous rate.
KLA Financial Forecast
KLA Revenue Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.49B | $2.40B | $2.36B | $2.43B | $2.98B | $2.72B | - | $2.29B | $2.35B | $2.08B | $1.93B | $1.80B | $1.65B | $1.54B | $1.46B | $1.42B |
| Avg Forecast | $2.87B | $2.92B | $2.98B | $3.02B | $3.28B | $3.20B | $3.17B | $3.08B | $2.99B | $2.89B | $2.85B | $2.75B | $2.52B | $2.31B | $2.46B | $2.35B | $2.26B | $2.37B | $2.82B | $2.60B | $2.43B | $2.20B | $2.33B | $2.04B | $1.87B | $1.75B | $1.60B | $1.49B | $1.42B | $1.39B |
| High Forecast | $2.91B | $2.96B | $3.03B | $3.07B | $3.33B | $3.25B | $3.22B | $3.12B | $3.03B | $2.93B | $2.89B | $2.77B | $2.56B | $2.34B | $2.48B | $2.39B | $2.29B | $2.41B | $2.86B | $2.64B | $2.43B | $2.26B | $2.40B | $2.10B | $1.92B | $1.80B | $1.64B | $1.52B | $1.45B | $1.43B |
| Low Forecast | $2.83B | $2.88B | $2.95B | $2.98B | $3.24B | $3.16B | $3.13B | $3.04B | $2.95B | $2.85B | $2.81B | $2.74B | $2.49B | $2.28B | $2.45B | $2.34B | $2.23B | $2.34B | $2.78B | $2.57B | $2.43B | $2.13B | $2.25B | $1.97B | $1.81B | $1.69B | $1.55B | $1.44B | $1.37B | $1.35B |
| # Analysts | 6 | 6 | 9 | 9 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 12 | 6 | 4 | 7 | 16 | 8 | 9 | 12 | 7 | 7 | 9 | 14 | 8 | 8 | 11 | 12 | 16 | 9 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 1.02% | 1.04% | 1.02% | 1.06% | 1.05% | - | 1.04% | 1.01% | 1.02% | 1.03% | 1.03% | 1.03% | 1.04% | 1.03% | 1.02% |
KLA's average Quarter revenue forecast for Mar 24 based on 4 analysts is $2.31B, with a low forecast of $2.28B, and a high forecast of $2.34B. KLAC's average Quarter revenue forecast represents a -7.23% decrease compared to the company's last Quarter revenue of $2.49B (Dec 23).
KLA EBITDA Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 6 | 9 | 9 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 12 | 6 | 4 | 7 | 16 | 8 | 9 | 12 | 7 | 7 | 9 | 14 | 8 | 8 | 11 | 12 | 16 | 9 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $952.32M | $1.03B | $849.00M | $980.31M | $1.32B | $1.26B | - | $978.39M | $1.05B | $889.42M | $833.38M | $764.19M | $650.81M | $603.68M | $525.16M | $236.86M |
| Avg Forecast | $1.15B | $1.17B | $1.20B | $1.22B | $1.32B | $1.29B | $1.28B | $1.24B | $1.20B | $1.16B | $1.15B | $1.11B | $1.01B | $1.11B | $991.05M | $948.21M | $909.00M | $1.01B | $1.13B | $952.38M | $917.13M | $915.38M | $1.02B | $865.80M | $729.74M | $715.63M | $642.67M | $547.02M | $457.89M | $217.12M |
| High Forecast | $1.17B | $1.19B | $1.22B | $1.23B | $1.34B | $1.31B | $1.30B | $1.26B | $1.22B | $1.18B | $1.17B | $1.12B | $1.03B | $1.33B | $999.10M | $963.48M | $923.02M | $1.21B | $1.15B | $1.14B | $917.13M | $1.10B | $1.23B | $1.04B | $875.68M | $858.76M | $771.21M | $656.42M | $549.47M | $260.55M |
| Low Forecast | $1.14B | $1.16B | $1.19B | $1.20B | $1.31B | $1.27B | $1.26B | $1.22B | $1.19B | $1.15B | $1.13B | $1.10B | $1.00B | $886.09M | $987.02M | $942.73M | $897.60M | $805.54M | $1.12B | $761.91M | $917.13M | $732.31M | $818.60M | $692.64M | $583.79M | $572.51M | $514.14M | $437.62M | $366.31M | $173.70M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.96% | 1.08% | 0.93% | 0.97% | 1.16% | 1.32% | - | 1.07% | 1.03% | 1.03% | 1.14% | 1.07% | 1.01% | 1.10% | 1.15% | 1.09% |
4 analysts predict KLAC's average Quarter EBITDA for Mar 24 to be $1.11B, with a high of $1.33B and a low of $886.09M. This is 16.31% upper than KLA's previous annual EBITDA (Dec 23) of $952.32M.
KLA Net Income Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 6 | 9 | 9 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 12 | 6 | 4 | 7 | 16 | 8 | 9 | 12 | 7 | 7 | 9 | 14 | 8 | 8 | 11 | 12 | 16 | 9 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $582.53M | $741.38M | $684.65M | $697.84M | $978.79M | $1.03B | - | $730.57M | $717.52M | $1.07B | $632.98M | $567.50M | $457.25M | $420.57M | $411.25M | $78.45M |
| Avg Forecast | $1.01B | $1.03B | $1.09B | $1.11B | $1.19B | $1.15B | $1.15B | $1.10B | $1.06B | $1.02B | $1.00B | $950.90M | $832.16M | $827.14M | $800.39M | $727.36M | $657.14M | $751.94M | $960.34M | $1.14B | $748.69M | $683.59M | $699.01M | $1.04B | $554.26M | $531.44M | $451.54M | $381.09M | $358.57M | $71.91M |
| High Forecast | $1.03B | $1.05B | $1.12B | $1.13B | $1.22B | $1.17B | $1.17B | $1.12B | $1.08B | $1.04B | $1.02B | $961.74M | $848.84M | $992.57M | $805.84M | $761.03M | $670.31M | $902.33M | $979.59M | $1.37B | $748.69M | $820.30M | $838.82M | $1.25B | $665.11M | $637.73M | $541.84M | $457.31M | $430.29M | $86.30M |
| Low Forecast | $990.22M | $1.01B | $1.08B | $1.09B | $1.18B | $1.13B | $1.13B | $1.08B | $1.04B | $1.00B | $987.08M | $946.84M | $818.59M | $661.71M | $797.67M | $719.28M | $646.42M | $601.55M | $944.68M | $915.25M | $748.69M | $546.87M | $559.21M | $832.04M | $443.41M | $425.15M | $361.23M | $304.87M | $286.86M | $57.53M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.73% | 1.02% | 1.04% | 0.93% | 1.02% | 0.90% | - | 1.07% | 1.03% | 1.03% | 1.14% | 1.07% | 1.01% | 1.10% | 1.15% | 1.09% |
KLA's average Quarter net income forecast for Mar 24 is $827.14M, with a range of $661.71M to $992.57M. KLAC's average Quarter net income forecast represents a 41.99% increase compared to the company's last Quarter net income of $582.53M (Dec 23).
KLA SG&A Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 6 | 9 | 9 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 12 | 6 | 4 | 7 | 16 | 8 | 9 | 12 | 7 | 7 | 9 | 14 | 8 | 8 | 11 | 12 | 16 | 9 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $237.24M | $239.65M | $250.86M | $238.39M | $243.10M | $253.98M | - | $216.49M | $213.48M | $193.26M | $192.02M | $183.04M | $181.91M | $172.63M | $167.79M | $185.76M |
| Avg Forecast | $292.43M | $297.54M | $304.47M | $308.04M | $335.09M | $326.98M | $323.74M | $314.01M | $304.68M | $294.57M | $290.73M | $280.56M | $257.17M | $245.10M | $251.12M | $240.27M | $230.33M | $222.82M | $287.49M | $206.94M | $267.59M | $202.57M | $208.00M | $188.13M | $168.14M | $171.41M | $179.64M | $156.43M | $146.30M | $170.28M |
| High Forecast | $296.94M | $302.12M | $309.16M | $312.79M | $340.25M | $332.02M | $328.73M | $318.85M | $309.37M | $299.11M | $295.21M | $282.60M | $261.13M | $294.13M | $253.16M | $244.13M | $233.88M | $267.39M | $291.93M | $248.33M | $267.59M | $243.08M | $249.59M | $225.76M | $201.77M | $205.69M | $215.56M | $187.71M | $175.56M | $204.34M |
| Low Forecast | $288.77M | $293.80M | $300.65M | $304.18M | $330.88M | $322.88M | $319.68M | $310.07M | $300.86M | $290.87M | $287.08M | $279.55M | $253.94M | $196.08M | $250.10M | $238.88M | $227.44M | $178.26M | $283.89M | $165.55M | $267.59M | $162.05M | $166.40M | $150.50M | $134.51M | $137.13M | $143.71M | $125.14M | $117.04M | $136.22M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.94% | 1.00% | 1.09% | 1.07% | 0.85% | 1.23% | - | 1.07% | 1.03% | 1.03% | 1.14% | 1.07% | 1.01% | 1.10% | 1.15% | 1.09% |
KLA's average Quarter SG&A projection for Mar 24 is $245.10M, based on 4 Wall Street analysts, with a range of $196.08M to $294.13M. The forecast indicates a 3.31% rise compared to KLAC last annual SG&A of $237.24M (Dec 23).
KLA EPS Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 6 | 9 | 9 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 12 | 6 | 4 | 7 | 16 | 8 | 9 | 12 | 7 | 7 | 9 | 14 | 8 | 8 | 11 | 12 | 16 | 9 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $4.30 | $5.43 | $5.00 | $5.06 | $6.93 | $7.23 | - | $4.87 | $4.74 | $7.01 | $4.14 | $3.69 | $2.96 | $2.71 | $2.65 | $0.50 |
| Avg Forecast | $7.44 | $7.62 | $8.09 | $8.21 | $8.83 | $8.51 | $8.48 | $8.13 | $7.85 | $7.53 | $7.41 | $7.03 | $6.15 | $4.97 | $5.91 | $5.37 | $4.86 | $5.32 | $7.10 | $6.22 | $5.51 | $4.82 | $5.45 | $4.52 | $3.99 | $3.61 | $3.20 | $2.77 | $2.41 | $2.29 |
| High Forecast | $7.59 | $7.77 | $8.25 | $8.38 | $9.01 | $8.68 | $8.65 | $8.29 | $8.01 | $7.68 | $7.56 | $7.11 | $6.27 | $5.07 | $5.95 | $5.62 | $4.95 | $5.43 | $7.24 | $6.35 | $5.51 | $4.99 | $5.64 | $4.67 | $4.12 | $3.74 | $3.31 | $2.87 | $2.50 | $2.37 |
| Low Forecast | $7.32 | $7.49 | $7.96 | $8.08 | $8.69 | $8.37 | $8.35 | $8.00 | $7.72 | $7.41 | $7.29 | $7.00 | $6.05 | $4.89 | $5.89 | $5.31 | $4.78 | $5.23 | $6.98 | $6.12 | $5.51 | $4.61 | $5.21 | $4.32 | $3.81 | $3.46 | $3.06 | $2.65 | $2.31 | $2.19 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.73% | 1.01% | 1.03% | 0.95% | 0.98% | 1.16% | - | 1.01% | 0.87% | 1.55% | 1.04% | 1.02% | 0.93% | 0.98% | 1.10% | 0.22% |
According to 4 Wall Street analysts, KLA's projected average Quarter EPS for Mar 24 is $4.97, with a low estimate of $4.89 and a high estimate of $5.07. This represents a 15.59% increase compared to KLAC previous annual EPS of $4.30 (Dec 23).
KLA Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| IPGP | IPG Photonics | $67.67 | $146.00 | 115.75% | Buy |
| AEHR | Aehr Test Systems | $12.94 | $25.00 | 93.20% | Buy |
| KLIC | Kulicke and Soffa Industries | $40.28 | $65.00 | 61.37% | Hold |
| ENTG | Entegris | $110.67 | $148.30 | 34.00% | Buy |
| ACLS | Axcelis | $103.27 | $137.00 | 32.66% | Buy |
| TER | Teradyne | $131.23 | $153.18 | 16.73% | Buy |
| ASML | ASML | $816.36 | $905.67 | 10.94% | Buy |
| LRCX | Lam Research | $769.72 | $832.05 | 8.10% | Buy |
| PLAB | Photronics | $23.65 | $25.50 | 7.82% | Buy |
| AMAT | Applied Materials | $188.47 | $201.30 | 6.81% | Buy |
| KLAC | KLA | $751.50 | $590.28 | -21.45% | Buy |
KLAC Forecast FAQ
Is KLA a good buy?
Yes, according to 14 Wall Street analysts, KLA (KLAC) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 9 'Buy' recommendations, accounting for 64.29% of KLAC's total ratings.
What is KLAC's price target?
KLA (KLAC) average price target is $590.28 with a range of $345 to $900, implying a -21.45% from its last price of $751.5. The data is based on 14 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will KLA stock go up soon?
According to Wall Street analysts' prediction for KLAC stock, the company can go down by -21.45% (from the last price of $751.5 to the average price target of $590.28), up by 19.76% based on the highest stock price target, and down by -54.09% based on the lowest stock price target.
Can KLA stock reach $1.1K?
KLAC's average twelve months analyst stock price target of $590.28 does not support the claim that KLA can reach $1.1K in the near future.
What are KLA's analysts' financial forecasts?
KLA's analysts financial forecasts for the fiscal year (Jun 2026) are as follows: average revenue is $12.74B (high $12.93B, low $12.58B), average EBITDA is $5.13B (high $5.21B, low $5.07B), average net income is $4.6B (high $4.69B, low $4.52B), average SG&A $1.3B (high $1.32B, low $1.28B), and average EPS is $33.95 (high $34.63, low $33.4). KLAC's analysts financial forecasts for the fiscal year (Jun 2027) are as follows: average revenue is $11.78B (high $11.97B, low $11.64B), average EBITDA is $4.75B (high $4.82B, low $4.69B), average net income is $4.24B (high $4.33B, low $4.17B), average SG&A $1.2B (high $1.22B, low $1.19B), and average EPS is $31.36 (high $31.98, low $30.84).
Did the KLAC's actual financial results beat the analysts' financial forecasts?
Based on KLA's last annual report (Jun 2023), the company's revenue was $10.5B, which missed the average analysts forecast of $12.48B by -15.89%. Apple's EBITDA was $4.2B, missing the average prediction of $4.92B by -14.55%. The company's net income was $3.39B, missing the average estimation of $4.26B by -20.53%. Apple's SG&A was $986.33M, missing the average forecast of $1.22B by -18.83%. Lastly, the company's EPS was $24.29, missing the average prediction of $29.01 by -16.26%. In terms of the last quarterly report (Dec 2023), KLA's revenue was $2.49B, beating the average analysts' forecast of $2.46B by 1.05%. The company's EBITDA was $952.32M, missing the average prediction of $991.05M by -3.91%. KLA's net income was $582.53M, missing the average estimation of $800.39M by -27.22%. The company's SG&A was $237.24M, missing the average forecast of $251.12M by -5.53%. Lastly, the company's EPS was $4.3, missing the average prediction of $5.91 by -27.29%