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KLA Corporation (KLAC)
NASDAQ: KLAC · IEX Real-Time Price · USD
839.11
+11.32 (1.37%)
At close: Jul 2, 2024, 4:00 PM
838.99
-0.12 (-0.01%)
After-hours: Jul 2, 2024, 7:59 PM EDT

KLA Corporation Stock Forecast

Stock Price Forecast

The 19 analysts with 12-month price forecasts for KLA Corporation stock have an average target of 744.63, with a low estimate of 550 and a high estimate of 950. The average target predicts a decrease of -11.26% from the current stock price of 839.11.

Analyst Consensus: Buy
Target Low Average Median High
Price $550 $744.63 $760 $950
Change -34.45% -11.26% -9.43% +13.22%

Analyst Ratings

The average analyst rating for KLAC stock from 21 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Jan '24Feb '24Mar '24Apr '24May '24Jun '24
Strong Buy 545677
Buy 444555
Hold 999999
Sell 222210
Strong Sell 000000
Total 201920222221

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Joseph Quatrochi
Wells Fargo
 Wells Fargo
Buy
Maintains
$860 → $950
 Buy Maintains $860 → $950 +13.22% Jun 17, 2024
Srini Pajjuri
Raymond James
 Raymond James
Buy
Maintains
$750 → $875
 Buy Maintains $750 → $875 +4.28% Jun 7, 2024
Tom O'Malley
Barclays
 Barclays
Hold
Upgrades
$630 → $765
 Hold Upgrades $630 → $765 -8.83% Jun 5, 2024
Blayne Curtis
Jefferies
 Jefferies
Strong Buy
Initiates
$740 → $820
 Strong Buy Initiates $740 → $820 -2.28% May 13, 2024
Atif Malik
Citigroup
 Citigroup
Strong Buy
Maintains
$725 → $760
 Strong Buy Maintains $725 → $760 -9.43% Apr 29, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
9.98B
from 10.50B
Decreased by -4.95%
Revenue Next Year
11.35B
from 9.98B
Increased by 13.81%
EPS This Year
23.75
from 24.15
Decreased by -1.67%
EPS Next Year
28.98
from 23.75
Increased by 22.06%
Year 2019202020212022202320242025202620272028
Revenue
4.57B5.81B6.92B9.21B10.50B9.98B11.35B12.58B12.97B13.78B
Revenue Growth
13.18%27.09%19.16%33.14%13.94%-4.95%13.81%10.77%3.11%6.27%
EPS
7.497.7013.3721.9224.1523.7528.9833.3938.1542.40
EPS Growth
46.86%2.80%73.64%63.95%10.17%-1.67%22.06%15.21%14.24%11.15%
Forward PE
-----35.3428.9525.1322.0019.79
No. Analysts -----26251533
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 10.7B 12.7B 13.7B 13.4B 14.2B
Avg 10.0B 11.4B 12.6B 13.0B 13.8B
Low 9.5B 10.5B 11.4B 12.5B 13.2B

Revenue Growth

Revenue Growth 20242025202620272028
High
1.7%
27.6%
20.3%
6.1%
9.4%
Avg
-5.0%
13.8%
10.8%
3.1%
6.3%
Low
-9.0%
5.3%
0.7%
-0.9%
2.1%

EPS Forecast

EPS 20242025202620272028
High 25.05 35.07 39.20 39.27 43.65
Avg 23.75 28.98 33.39 38.15 42.40
Low 21.45 26.04 29.67 36.65 40.74

EPS Growth

EPS Growth 20242025202620272028
High
3.7%
47.7%
35.2%
17.6%
14.4%
Avg
-1.7%
22.1%
15.2%
14.2%
11.1%
Low
-11.2%
9.7%
2.4%
9.8%
6.8%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.