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KLA (KLAC) Stock Forecast & Price Target

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$616.83 +1.17 (+0.19%)
(As of 11/20/2024 ET)

KLA - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
8
Buy
14

Based on 22 Wall Street analysts who have issued ratings for KLA in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 22 analysts, 8 have given a hold rating, and 14 have given a buy rating for KLAC.

Consensus Price Target

$802.90
30.17% Upside
According to the 22 analysts' twelve-month price targets for KLA, the average price target is $802.90. The highest price target for KLAC is $950.00, while the lowest price target for KLAC is $550.00. The average price target represents a forecasted upside of 30.17% from the current price of $616.83.
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KLAC Analyst Ratings Over Time

TypeCurrent Forecast
11/22/23 to 11/21/24
1 Month Ago
10/23/23 to 10/22/24
3 Months Ago
8/24/23 to 8/23/24
1 Year Ago
11/22/22 to 11/22/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
14 Buy rating(s)
13 Buy rating(s)
14 Buy rating(s)
7 Buy rating(s)
Hold
8 Hold rating(s)
9 Hold rating(s)
8 Hold rating(s)
9 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$802.90$804.57$805.29$509.61
Forecasted Upside30.17% Upside20.07% Upside-1.54% Downside-8.04% Downside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Hold

KLAC Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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KLAC Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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KLA Stock vs. The Competition

TypeKLAComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.64
2.68
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside30.17% Upside552.66% Upside9.82% Upside
News Sentiment Rating
Positive News

See Recent KLAC News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
10/31/2024Barclays
3 of 5 stars
 Lower TargetEqual Weight ➝ Equal Weight$800.00 ➝ $750.00+14.01%
10/31/2024Needham & Company LLC
2 of 5 stars
 Reiterated RatingHold
10/31/2024Deutsche Bank Aktiengesellschaft
3 of 5 stars
 Lower TargetBuy ➝ Buy$890.00 ➝ $750.00+8.41%
10/31/2024TD Cowen
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 Lower TargetHold ➝ Hold$760.00 ➝ $725.00+4.80%
10/31/2024Oppenheimer
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 UpgradeMarket Perform ➝ Outperform$750.00 ➝ $850.00+22.87%
10/11/2024Susquehanna
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 Lower TargetNeutral ➝ Neutral$680.00 ➝ $675.00-15.41%
10/8/2024Cantor Fitzgerald
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 Reiterated RatingNeutral ➝ Neutral$925.00 ➝ $925.00+18.05%
10/3/2024Wells Fargo & Company
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 Lower TargetOverweight ➝ Overweight$950.00 ➝ $870.00+12.97%
9/16/2024Citigroup
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 Lower TargetBuy ➝ Buy$960.00 ➝ $900.00+22.10%
9/12/2024UBS Group
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 Lower TargetNeutral ➝ Neutral$900.00 ➝ $765.00+4.52%
7/26/2024Argus
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J. Kelleher
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Boost TargetBuy ➝ Buy$800.00 ➝ $875.00+10.90%
7/25/2024Evercore ISI
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 Boost TargetOutperform ➝ Outperform$800.00 ➝ $900.00+14.51%
7/25/2024The Goldman Sachs Group
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 Boost TargetBuy ➝ Buy$735.00 ➝ $838.00+8.85%
7/25/2024JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$800.00 ➝ $950.00+24.66%
7/16/2024Stifel Nicolaus
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 Boost TargetBuy ➝ Buy$760.00 ➝ $875.00+1.94%
6/7/2024Raymond James
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 Boost TargetOutperform ➝ Outperform$750.00 ➝ $875.00+13.27%
5/13/2024Jefferies Financial Group
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 Initiated CoverageBuy ➝ Buy$740.00 ➝ $820.00+14.16%
4/26/2024Morgan Stanley
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 Boost TargetEqual Weight ➝ Equal Weight$692.00 ➝ $698.00-1.38%
3/14/2024Bank of America
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 Boost TargetBuy ➝ Buy$740.00 ➝ $850.00+22.21%
1/26/2024Berenberg Bank
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 Boost TargetBuy ➝ Buy$670.00 ➝ $690.00+7.53%
12/18/2023New Street Research
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 Initiated CoverageBuy$730.00+24.76%
11/22/2023Redburn Atlantic
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 Initiated CoverageNeutral$550.00-0.13%
9/14/2023Wolfe Research
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 Initiated CoverageOutperform$600.00+25.03%
4/6/2023BNP Paribas
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 DowngradeOutperform ➝ Neutral$435.00+13.99%
3/1/2023KGI Securities
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 DowngradeOutperform ➝ Neutral
1/27/2023Cowen
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 Boost TargetMarket Perform$325.00 ➝ $410.00-4.38%
1/13/2023KeyCorp
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 Boost TargetOverweight$410.00 ➝ $468.00+11.73%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 04:08 AM ET.


Should I Buy KLA Stock? KLAC Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, November 3, 2024. Please send any questions or comments about these KLA pros and cons to contact@marketbeat.com.

KLA
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in KLA Co.:

  • KLA Co. has a consensus rating of "Moderate Buy" with a consensus price target of $809.81, indicating positive sentiment from analysts.
  • Recent insider activity shows that company executives have been selling shares at higher prices, suggesting confidence in the company's future performance.
  • KLA Co. has a 12-month high of $896.32, indicating potential for growth based on historical stock performance.
  • The company's current ratio of 2.15 and quick ratio of 1.50 demonstrate strong liquidity positions, reducing financial risk for investors.
  • Despite a recent stock price decline, KLA Co. has a market cap of $105.34 billion, reflecting its position as a large and stable company in the market.

KLA
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in KLA Co. for these reasons:

  • Recent analyst downgrades and target price reductions may indicate potential challenges or uncertainties in the company's future performance.
  • The stock price of KLA Co. has experienced a 2.8% decline, suggesting short-term volatility and potential risks for investors.
  • Insiders selling significant amounts of company stock could be interpreted as a lack of confidence in the company's growth prospects.
  • KLA Co. has a P/E ratio of 40.98, which may be considered high by some investors, indicating the stock may be overvalued.
  • The company's debt-to-equity ratio of 1.75 may raise concerns about its financial leverage and ability to manage debt obligations.

KLAC Forecast - Frequently Asked Questions

According to the research reports of 22 Wall Street equities research analysts, the average twelve-month stock price forecast for KLA is $802.90, with a high forecast of $950.00 and a low forecast of $550.00.

22 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for KLA in the last year. There are currently 8 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" KLAC shares.

According to analysts, KLA's stock has a predicted upside of 30.17% based on their 12-month stock forecasts.

Over the previous 90 days, KLA's stock had 1 upgrade by analysts.

Analysts like KLA less than other "computer and technology" companies. The consensus rating score for KLA is 2.64 while the average consensus rating score for "computer and technology" companies is 2.68. Learn more on how KLAC compares to other companies.


This page (NASDAQ:KLAC) was last updated on 11/21/2024 by MarketBeat.com Staff
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