KLA Corporation (KLAC)

NASDAQ: KLAC · IEX Real-Time Price · USD
804.35
+41.80 (5.48%)
Jul 22, 2024, 2:17 PM EDT - Market open
5.48%
Market Cap 108.27B
Revenue (ttm) 9.60B
Net Income (ttm) 2.61B
Shares Out 134.64M
EPS (ttm) 19.11
PE Ratio 42.03
Forward PE 29.27
Dividend $5.80 (0.75%)
Ex-Dividend Date May 14, 2024
Volume 334,503
Open 788.47
Previous Close 762.55
Day's Range 775.14 - 804.37
52-Week Range 440.15 - 896.32
Beta 1.26
Analysts Buy
Price Target 770.16 (-4.19%)
Earnings Date Jul 24, 2024

About KLAC

KLA Corporation designs, manufactures, and markets process control, process-enabling, and yield management solutions for the semiconductor and related electronics industries worldwide. It operates through three segments: Semiconductor Process Control; Specialty Semiconductor Process; and PCB, Display and Component Inspection. The company offers inspection and review tools to identify, locate, characterize, review, and analyze defects on various surfaces of patterned and unpatterned wafers; metrology systems that are used to measure pattern dime... [Read more]

Sector Technology
Founded 1975
Employees 15,000
Stock Exchange NASDAQ
Ticker Symbol KLAC
Full Company Profile

Financial Performance

In 2023, KLAC's revenue was $10.50 billion, an increase of 13.94% compared to the previous year's $9.21 billion. Earnings were $3.39 billion, an increase of 1.97%.

Financial Statements

Analyst Forecast

According to 20 analysts, the average rating for KLAC stock is "Buy." The 12-month stock price forecast is $770.16, which is a decrease of -4.19% from the latest price.

Price Target
$770.16
(-4.19% downside)
Analyst Consensus: Buy
Stock Forecasts

News

S&P 500 Gains and Losses Today: Chip Stocks Fall on Possible Export Restrictions

Tech stocks, and particularly shares of semiconductor firms, have played a key role in driving major U.S. equities indexes to record highs, but the tides changed on Wednesday.

Other symbols: AMATAMDLRCX
4 days ago - Investopedia

KLA Stock Has Upside Even After Chip-Making Gear Has Beat the Market, Says Citi

Citigroup analyst Atif Malik says chip-testing company KLA has moved ahead to become his top stock pick.

7 days ago - Barrons

KLA Announces Fourth Quarter Fiscal Year 2024 Earnings Date

MILPITAS, Calif. , July 2, 2024 /PRNewswire/ -- KLA Corporation (NASDAQ: KLAC) today announced that the company will review fourth quarter fiscal year 2024 earnings on Wednesday, July 24, 2024 at 2 p....

19 days ago - PRNewsWire

Super Micro and Nvidia lead the S&P 500 this year. These stocks follow.

This has been a very good year for the stock market as a whole, although the performance of broad U.S. indexes also underscores how important the weighting of an index can be.

24 days ago - Market Watch

KLA Announces Upcoming Investor Webcasts

MILPITAS, Calif., May 16, 2024 /PRNewswire/ -- KLA Corporation (NASDAQ: KLAC) today announced webcasts for upcoming investor conferences: Tuesday, May 21, 2024 – J.P.

2 months ago - PRNewsWire

KLA Declares Regular Cash Dividend

MILPITAS, Calif. , May 2, 2024 /PRNewswire/ -- The KLA Corporation (NASDAQ: KLAC) Board of Directors today declared a quarterly cash dividend of $1.45 per share on its common stock, payable on May 31,...

2 months ago - PRNewsWire

KLA Corp projects quarterly revenue above estimates as AI fuels chip demand

KLA Corp forecast fourth-quarter revenue above analysts' expectations on Thursday, anticipating strong demand for its chip-making tools from semiconductor makers looking to tap into a surge in demand ...

3 months ago - Reuters

KLA Corporation Reports Fiscal 2024 Third Quarter Results

Total revenues were $2.36 billion, above the midpoint of the guidance range of $2.30 billion +/- $125 million; GAAP diluted EPS attributable to KLA was $4.43 and non-GAAP diluted EPS attributable to K...

3 months ago - PRNewsWire

KLA Announces Third Quarter Fiscal Year 2024 Earnings Date

MILPITAS, Calif. , April 4, 2024 /PRNewswire/ -- KLA Corporation (NASDAQ: KLAC) today announced that the company will review third quarter fiscal year 2024 earnings on Thursday, April 25, 2024 at 3 p....

3 months ago - PRNewsWire

Semi stocks will continue to bifurcate in performance, says James Cakmak

James Cakmak, Clockwise Capital Partner, discusses the recent run-up in semiconductor stocks.

4 months ago - CNBC Television

KLA Announces Upcoming Investor Webcast

MILPITAS, Calif., Feb. 14, 2024 /PRNewswire/ -- KLA Corporation (NASDAQ: KLAC) today announced the webcast for an upcoming investor conference: Monday, March 4, 2024 - Morgan Stanley Technology, Media...

5 months ago - PRNewsWire

15 semiconductor companies that have followed Nvidia's lead by showing pricing power and improved efficiency

When thinking about an industry group in the stock market, you can look ahead at sales and profit estimates, or you can look back to see which companies have been faring best by common measures.

6 months ago - Market Watch

KLA Corporation Stock Falls from an All-Time High on Weak Guidance

Shares of KLA Corporation (KLAC) tumbled as the semiconductor equipment maker's current quarter outlook was lower than expected on “challenging” market conditions.

6 months ago - Investopedia

KLA shares drop following second-quarter profit miss

Shares of KLA on declined 5.9% to $604 in after-hours trading Thursday after the company posted a profit miss in its fiscal second quarter amid weaker demand levels.

6 months ago - Market Watch

KLA forecasts third quarter revenue below estimates on weak demand

Chipmaking tools manufacturer KLA Corp forecast third-quarter revenue below Wall Street estimates on Thursday, signaling sluggish demand in the electronics segment.

6 months ago - Reuters

KLA Corporation Reports Fiscal 2024 Second Quarter Results

Total revenues were $2.49 billion, above the midpoint of the guidance range of $2.45 billion +/- $125 million; GAAP diluted EPS attributable to KLA was $4.28. Non-GAAP diluted EPS attributable to KLA ...

6 months ago - PRNewsWire

KLA Announces Second Quarter Fiscal Year 2024 Earnings Date

MILPITAS, Calif. , Jan. 4, 2024 /PRNewswire/ -- KLA Corporation (NASDAQ: KLAC) today announced that the company will review second quarter fiscal year 2024 earnings on Thursday, Jan. 25, 2024 at 3 p.m...

7 months ago - PRNewsWire

We've very bullish on semiconductors going into 2024, says BofA's Vivek Arya

Vivek Arya, Bank of America senior semiconductor analyst, joins 'Squawk Box' to discuss the state of the semiconductor industry, Micron's quarterly earnings results, industry outlook in 2024, and more...

7 months ago - CNBC Television

Final Trades: Cisco, Goldman Sachs and KLA Corp.

The "Halftime Report" traders give their top picks: Cisco, Goldman Sachs and KLA Corp.

Other symbols: CSCOGS
7 months ago - CNBC Television

The nucleus of the economy is the semiconductor chip, says Virtus Investment's Joe Terranova

Joe Terranova, Virtus Investment Partners chief market strategist, joins 'Power Lunch' to take on the growth versus value debate and offer his market outlook.

8 months ago - CNBC Television

Stocks This Week: Buy Microsoft And KLA Corporation

The yearend market rally is led by the large-cap tech stocks. Here are a pair of leaders that will likely lead the fourth quarter charge.

Other symbols: MSFT
8 months ago - Forbes

The Best Semiconductor Stocks to Buy

Semiconductor stocks are on the mend after a rough stretch and all the drivers remain in place for continued success going forward.

Other symbols: KLICMRVLNVDASITM
8 months ago - Kiplinger

KLA Corporation Reports Fiscal 2024 First Quarter Results

Total revenues were $2.40 billion, at the upper end of the guidance range of $2.35 billion +/- $125 million; GAAP and non-GAAP diluted EPS attributable to KLA was $5.41 and $5.74, respectively, each f...

9 months ago - PRNewsWire

Among the S&P 500, these 20 companies have made the best use of investors' money

There is no easy way to select individual stocks. Measures of financial quality can highlight companies that are worth a closer look, but a decision to commit money must also take into consideration b...

9 months ago - Market Watch

U.S. curbs export of more A.I. chips to China: The companies that could be impacted

CNBC's Kristina Partsinevelos joins 'Squawk on the Street' with the latest news.

Other symbols: AMATAMDINTCNVDATSM
9 months ago - CNBC Television