KLA Corporation Stock Forecast

Stock Price Forecast

The 19 analysts with 12-month price forecasts for KLA Corporation stock have an average target of 700.68, with a low estimate of 425 and a high estimate of 850. The average target predicts a decrease of -0.79% from the current stock price of 706.26.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$425	$700.68	$725	$850
Change	-39.82%	-0.79%	+2.65%	+20.35%

Analyst Ratings

The average analyst rating for KLAC stock from 22 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	Nov '23	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	3	4	5	4	5	6
Buy	4	4	4	4	4	5
Hold	8	7	9	9	9	9
Sell	1	1	2	2	2	2
Strong Sell	0	0	0	0	0	0
Total	16	16	20	19	20	22

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Krish Sankar TD Cowen	TD Cowen	Hold Maintains $650 → $700	Hold	Maintains	$650 → $700	-0.89%	Apr 26, 2024
Srini Pajjuri Raymond James	Raymond James	Buy Reiterates $625 → $750	Buy	Reiterates	$625 → $750	+6.19%	Apr 26, 2024
Joseph Moore Morgan Stanley	Morgan Stanley	Hold Maintains $692 → $698	Hold	Maintains	$692 → $698	-1.17%	Apr 26, 2024
Tom O'Malley Barclays	Barclays	Sell Maintains $550 → $630	Sell	Maintains	$550 → $630	-10.80%	Apr 26, 2024
Charles Shi Needham	Needham	Hold Reiterates n/a	Hold	Reiterates	n/a	n/a	Apr 26, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

9.84B

from 10.50B

-6.24%

from 10.50B

Revenue Next Year

11.18B

from 9.84B

13.56%

from 9.84B

EPS This Year

23.31

from 24.15

-3.46%

from 24.15

EPS Next Year

28.21

from 23.31

20.99%

from 23.31

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	4.57B	5.81B	6.92B	9.21B	10.50B	9.84B	11.18B	12.45B	12.95B	13.76B
Revenue Growth	13.18%	27.09%	19.16%	33.14%	13.94%	-6.24%	13.56%	11.41%	3.98%	6.30%
EPS	7.49	7.70	13.37	21.92	24.15	23.31	28.21	32.85	37.98	41.97
EPS Growth	46.86%	2.80%	73.64%	63.95%	10.17%	-3.46%	20.99%	16.48%	15.62%	10.50%
No. Analysts	-	-	-	-	-	26	24	15	3	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	10.5B	12.8B	13.8B	13.3B	14.2B
Avg	9.8B	11.2B	12.5B	12.9B	13.8B
Low	9.3B	10.3B	11.4B	12.4B	13.2B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	-0.4%	30.0%	23.7%	7.0%	9.4%
Avg	-6.2%	13.6%	11.4%	4.0%	6.3%
Low	-11.1%	4.3%	2.1%	-0.1%	2.1%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	25.73	32.98	36.54	39.10	43.21
Avg	23.31	28.21	32.85	37.98	41.97
Low	21.54	24.89	29.70	36.50	40.33

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	6.5%	41.5%	29.5%	19.0%	13.7%
Avg	-3.5%	21.0%	16.5%	15.6%	10.5%
Low	-10.8%	6.8%	5.3%	11.1%	6.2%

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.