KLA (KLAC) Stock Forecast & Price Target

$639.55 +6.39 (+1.01%)

(As of 11/22/2024 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

Moderate Buy

Based on 21 Analyst Ratings

Sell
0

Hold
7

Buy
14

Based on 21 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 21 analysts, 7 have given a hold rating, and 14 have given a buy rating for KLAC.

Consensus Price Target

$815.55
27.52% Upside

According to the 21 analysts' twelve-month price targets for KLA, the average price target is $815.55. The highest price target for KLAC is $950.00, while the lowest price target for KLAC is $675.00. The average price target represents a forecasted upside of 27.52% from the current price of $639.55.

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KLAC Analyst Ratings Over Time

Type	Current Forecast 11/24/23 to 11/23/24	1 Month Ago 10/25/23 to 10/24/24	3 Months Ago 8/26/23 to 8/25/24	1 Year Ago 11/24/22 to 11/24/23
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	7 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	$815.55	$804.57	$805.29	$509.61
Forecasted Upside	27.52% Upside	20.78% Upside	-1.54% Downside	-8.28% Downside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Hold

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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.

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.

KLA Stock vs. The Competition

Type	KLA	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.67	2.68	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	27.52% Upside	543.09% Upside	7.66% Upside
News Sentiment Rating	Very Positive News See Recent KLAC News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
10/31/2024	Barclays 3 of 5 stars		Lower Target	Equal Weight ➝ Equal Weight	$800.00 ➝ $750.00	+14.01%
10/31/2024	Needham & Company LLC 3 of 5 stars		Reiterated Rating	Hold
10/31/2024	Deutsche Bank Aktiengesellschaft 3 of 5 stars		Lower Target	Buy ➝ Buy	$890.00 ➝ $750.00	+8.41%
10/31/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Hold ➝ Hold	$760.00 ➝ $725.00	+4.80%
10/31/2024	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Market Perform ➝ Outperform	$750.00 ➝ $850.00	+22.87%
10/11/2024	Susquehanna Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$680.00 ➝ $675.00	-15.41%
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10/8/2024	Cantor Fitzgerald Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Neutral ➝ Neutral	$925.00 ➝ $925.00	+18.05%
10/3/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$950.00 ➝ $870.00	+12.97%
9/16/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$960.00 ➝ $900.00	+22.10%
9/12/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$900.00 ➝ $765.00	+4.52%
7/26/2024	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Kelleher Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$800.00 ➝ $875.00	+10.90%
7/25/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$800.00 ➝ $900.00	+14.51%
7/25/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$735.00 ➝ $838.00	+8.85%
7/25/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$800.00 ➝ $950.00	+24.66%
7/16/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$760.00 ➝ $875.00	+1.94%
6/7/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$750.00 ➝ $875.00	+13.27%
5/13/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy ➝ Buy	$740.00 ➝ $820.00	+14.16%
4/26/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$692.00 ➝ $698.00	-1.38%
3/14/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$740.00 ➝ $850.00	+22.21%
1/26/2024	Berenberg Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$670.00 ➝ $690.00	+7.53%
12/18/2023	New Street Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$730.00	+24.76%
11/22/2023	Redburn Atlantic Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral	$550.00	-0.13%
9/14/2023	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$600.00	+25.03%
4/6/2023	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Neutral	$435.00	+13.99%
3/1/2023	KGI Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Neutral
1/27/2023	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Market Perform	$325.00 ➝ $410.00	-4.38%
1/13/2023	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight	$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 Saturday at 06:34 PM 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 Friday, November 22, 2024. Please send any questions or comments about these KLA pros and cons to contact@marketbeat.com.

KLA
Bull Case

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

KLA Co. reported strong earnings with $7.33 earnings per share (EPS) for the latest quarter, surpassing analysts' expectations of $7.03. This indicates robust profitability and effective cost management.
The company achieved a revenue of $2.84 billion, exceeding estimates of $2.75 billion, showcasing its strong market demand and operational efficiency.
KLA Co. has a significant market capitalization of approximately $82.19 billion, which reflects its stability and potential for growth in the semiconductor industry.
Recent analyst upgrades have been positive, with Oppenheimer raising its price target from $750 to $850, indicating confidence in the company's future performance.
The current stock price is $614.46, which may present a buying opportunity for investors looking to enter at a lower price point compared to its 52-week high of $896.32.

KLA
Bear Case

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

The stock has recently traded down by $30.54, which may indicate volatility and potential short-term challenges in the market.
KLA Co. has a relatively high debt-to-equity ratio of 1.65, suggesting that the company relies significantly on debt financing, which could pose risks if market conditions change.
Despite positive earnings, the stock has seen fluctuations, with a 52-week low of $527.11, indicating potential instability in its stock price.
Analysts have mixed ratings, with eight giving a hold rating, which may suggest caution among some investors regarding the stock's future performance.
The semiconductor industry is highly competitive and subject to rapid technological changes, which could impact KLA Co.'s market position and profitability.

KLAC Forecast - Frequently Asked Questions

: According to the research reports of 21 Wall Street equities research analysts, the average twelve-month stock price forecast for KLA is $815.55, with a high forecast of $950.00 and a low forecast of $675.00.
: 21 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for KLA in the last twelve months. There are currently 7 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" KLAC shares.
: According to analysts, KLA's stock has a predicted upside of 27.52% based on their 12-month stock forecasts.
: Over the previous 90 days, KLA's stock had 1 upgrade by analysts.
: KLA has been rated by research analysts at Barclays, Cantor Fitzgerald, Citigroup, Deutsche Bank Aktiengesellschaft, Needham & Company LLC, Oppenheimer, Susquehanna, TD Cowen, UBS Group, and Wells Fargo & Company in the past 90 days.
: Analysts like KLA less than other "computer and technology" companies. The consensus rating score for KLA is 2.67 while the average consensus rating score for "computer and technology" companies is 2.68. Learn more on how KLAC compares to other companies.

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This page (NASDAQ:KLAC) was last updated on 11/23/2024 by MarketBeat.com Staff

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KLA (KLAC) Stock Forecast & Price Target