KLA (KLAC) Stock Forecast & Price Target

$666.01

-4.07 (-0.61%)

(As of 09:15 AM 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 22 Analyst Ratings

Sell
0

Hold
9

Buy
13

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, 9 have given a hold rating, and 13 have given a buy rating for KLAC.

Consensus Price Target

$804.57
20.07% Upside

According to the 22 analysts' twelve-month price targets for KLA, the average price target is $804.57. 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 20.07% from the current price of $666.01.

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KLAC Analyst Ratings Over Time

Type	Current Forecast 10/24/23 to 10/23/24	1 Month Ago 9/24/23 to 9/23/24	3 Months Ago 7/26/23 to 7/25/24	1 Year Ago 10/24/22 to 10/24/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	13 Buy rating(s)	13 Buy rating(s)	13 Buy rating(s)	7 Buy rating(s)
Hold	9 Hold rating(s)	8 Hold rating(s)	8 Hold rating(s)	8 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$804.57	$812.80	$802.80	$479.95
Forecasted Upside	20.07% Upside	6.77% Upside	5.24% Upside	2.06% Upside
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	2.59	2.67	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Hold
Predicted Upside	20.07% Upside	1,037.28% Upside	7.92% Upside
News Sentiment Rating	Positive News See Recent KLAC News	Neutral 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
10/11/2024	Susquehanna 2 of 5 stars		Lower Target	Neutral ➝ Neutral	$680.00 ➝ $675.00	-15.41%
10/8/2024	Cantor Fitzgerald 3 of 5 stars		Reiterated Rating	Neutral ➝ Neutral	$925.00 ➝ $925.00	+18.05%
10/3/2024	Wells Fargo & Company 3 of 5 stars		Lower Target	Overweight ➝ Overweight	$950.00 ➝ $870.00	+12.97%
9/25/2024	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Market Perform	$750.00	-2.64%
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%
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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%
7/25/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$765.00 ➝ $800.00	+5.85%
7/25/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold ➝ Hold	$700.00 ➝ $760.00	+0.56%
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%
4/26/2024	Needham & Company LLC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Hold
4/11/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$800.00	+15.73%
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%
10/27/2022	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$325.00	+5.38%
10/27/2022	Susquehanna Bancshares Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$350.00 ➝ $355.00	+15.86%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 09:34 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 Tuesday, October 15, 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. 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

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 $804.57, with a high forecast of $950.00 and a low forecast of $550.00.
: 22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for KLA in the last year. There are currently 9 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" KLAC shares.
: According to analysts, KLA's stock has a predicted upside of 20.80% based on their 12-month stock forecasts.
: KLA has been rated by research analysts at Argus, Barclays, Cantor Fitzgerald, Citigroup, Evercore ISI, JPMorgan Chase & Co., Oppenheimer, Susquehanna, TD Cowen, The Goldman Sachs Group, 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 2.59 while the average consensus rating score for "computer and technology" companies is 2.67. Learn more on how KLAC compares to other companies.