15 stories mentioning KLAC
Every FINWIRES story that references KLAC, newest first.
Richard P Wallace, President and Chief Executive Officer, on June 11, 2026, sold 4,512 shares in KLA (KLAC) for $9,986,725. Following the Form 4 filing with the SEC, Wallace has control over a total of 71,383 common shares of the company, with 71,383 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/319201/000119312526268015/xslF345X05/ownership.xml
KLA (KLAC) has an average rating of overweight and mean price target of $1,953.36, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $2279.44, Change: $+140.07, Percent Change: +6.55%
KLA (KLAC) has an average rating of overweight and mean price target of $1,953.36, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $2281.90, Change: $+142.53, Percent Change: +6.66%
Applied Materials (AMAT) is expected to post fiscal second-quarter results slightly above Wall Street's estimates and provide an upbeat third-quarter outlook amid robust dynamic random-access memory and high-bandwidth memory spending trends, RBC Capital Markets said in a note e-mailed Tuesday.The brokerage projects the semiconductor equipment maker's second-quarter adjusted earnings at $2.64 a share on revenue of $7.65 billion, saying it expects a "slight" beat. Analysts polled by FactSet are looking for non-GAAP EPS of $2.68 and sales of $7.68 billion."DRAM spending trends remain strong on the back of extreme supply tightness and secular HBM demand," RBC analyst Srini Pajjuri said in a note to clients. "We expect the trend to continue through the year as clean room space availability improves and from new greenfield projects in 2027."RBC expects Applied Materials to issue third-quarter guidance 5% to 10% ahead of consensus estimates of $2.89 for adjusted EPS and $8.1 billion in revenue. The brokerage said this would be in line with peers Lam Research (LRCX) and Tokyo Electron and better than those of ASML (ASML) and KLA (KLAC)."(Applied Materials') management typically doesn't offer explicit (wafer fabrication equipment, or WFE) projections, but previously guided for 20% growth in its systems business in (2026), which we believe is tracking ahead," Pajjuri said.RBC raised its price target on the Applied Materials stock to $500 from $430 while reiterating its outperform rating.The company's shares were down 5.8% in Tuesday afternoon trade. The stock has jumped 63% so far this year.Transition to gate all around -- a next-generation transistor architecture for smaller chips -- has been a "key driver" from the company, while Taiwan Semiconductor Manufacturing's (TSM) adoption of back-side power is projected to be a tailwind in the second half of this year, RBC said."Looking ahead, we expect WFE to grow at a double-digit pace for the next (two to three) years driven by (generative artificial intelligence), extreme tightness in DRAM, and growing competition in advanced foundry," Pajjuri said.Applied Materials is scheduled to report its latest results Thursday.Price: $419.71, Change: $-23.91, Percent Change: -5.39%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We lift our price target by $240 to $2,094, 41.5x our FY 27 (Jun.) EPS view, near peers but above KLAC's three-year average (~25x) on significant AI momentum and improved visibility. We raise our FY 26 EPS view by $0.85 to $36.96, lift FY 27's by $4.10 to $50.45, and lift FY 28's by $3.20 to $60.95. Improving customer support and visibility surprisingly allowed KLAC to comment on CY 27 growth, and its view was impressive and well above consensus for both CY 26 and CY 27 (we see +22% vs a going-in Street view of +15%). Importantly, the company also feels "very good" about its ability to procure memory supply to support builds through CY 27, by when we think new supply will help ease constraints. High memory prices also reflect AI-related demand that is driving memory makers to purchase more process control equipment, and we estimate memory customers will contribute a majority of Semi Process Control segment sales in FY 27 (vs. ~30% in FY 26), bringing supportive revenue diversification at the leading edge.
KLA (KLAC) has an average rating of overweight and mean price target of $1,857.29, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $1737.66, Change: $-78.55, Percent Change: -4.32%
KLA (KLAC) has an average rating of overweight and mean price target of $1,860, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $1720.67, Change: $-95.55, Percent Change: -5.26%
KLA Corp. (KLAC) has an average rating of overweight and mean price target of $1,857.29 according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $1677.40, Change: $-138.81, Percent Change: -7.64%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:KLAC's Mar-Q results modestly beat expectations, with revenue of $3.42B (+11% Y/Y) vs. consensus $3.38B, and non-GAAP EPS of $9.40 (+12%) vs. consensus $9.17 on gross margin of 62.2%, above KLAC's guidance midpoint of 61.75%. The Semi Process Control segment (90% of sales) accelerated to 13% Y/Y growth from 9% in Dec-Q, reflecting continued AI strength. KLAC's encouragingly generated the beat despite reducing its China exposure to 24% (-600 bps Q/Q). Management expects Jun-Q sales of ~$3.575B (near Street) and high-teens growth in CY 26 vs. 15% consensus, and surprisingly called for CY 27 growth to exceed CY 26's (again exceeding the 15% consensus view for CY 27), reflecting unprecedented visibility. KLAC expects 100 bps of margin headwinds going forward from elevated memory prices but remains confident in its ability to secure necessary supply. Logic customers are set to surge to 82% of Q4 sales vs. 62% in Q3, but we still expect Memory customers to increase their contribution in the coming quarters.
KLA (KLAC) reported fiscal Q3 non-GAAP earnings late Wednesday of $9.40 per diluted share, up from $8.41 a year earlier.Analysts polled by FactSet expected $9.17.Revenue in the three months ended March 31 rose to $3.42 billion from $3.06 billion a year earlier.Analysts surveyed by FactSet expected $3.37 billion.The company expects fiscal Q4 non-GAAP diluted EPS of $8.87 to $10.87 on revenue of $3.575 billion, plus or minus $200 million.Analysts expect EPS of $9.85 on revenue of $3.54 billion.KLA shares fell 8.7% in after-hours trading.
KLA (KLAC) has an average rating of overweight and mean price target of $1,758.08, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $1799.70, Change: $-9.27, Percent Change: -0.51%
Tech stocks fell late Tuesday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) dropping 1.5% and the State Street SPDR S&P Semiconductor ETF (XSD) slumping 4.4%.The Philadelphia Semiconductor index shed 3.3%.In corporate news, OpenAI recently missed its own targets for new users and revenue, the Wall Street Journal reported late Monday, citing people familiar with the matter. Tech bellwether Nvidia (NVDA) fell 1.2%, Broadcom (AVGO) dropped 4.2%, Advanced Micro Devices (AMD) shed 3.1%, Oracle (ORCL) lost 3.6%, and Intel (INTC) declined 1.4%.Lam Research (LRCX), Applied Materials (AMAT) and KLA (KLAC) were among the chip equipment companies believed to have received a letter last week from the US Department of Commerce ordering them to halt certain tool shipments to China's second-largest chipmaker Hua Hong, Reuters reported. Lam declined 3%, Applied Materials dropped 5.1%, and KLA shed 4.1%.Amazon.com (AMZN) plans to make OpenAI's artificial intelligence models available to its customers after Microsoft (MSFT) relinquished its exclusive rights to resell the ChatGPT maker's products, Bloomberg reported Tuesday, citing Amazon Web Services CEO Matt Garman in a Bloomberg Television interview. Amazon shares were down 0.6%, and Microsoft rose 0.6%.Spotify Technology (SPOT) reported stronger-than-expected Q1 profit, but its premium subscriber growth and outlook disappointed investors. The stock fell 12%.
Tech stocks fell Tuesday afternoon with the State Street Technology Select Sector SPDR ETF (XLK) dropping 1.8% and the State Street SPDR S&P Semiconductor ETF (XSD) slumping 4.5%.The Philadelphia Semiconductor index shed 3.7%.In corporate news, OpenAI recently missed its own targets for new users and revenue, the Wall Street Journal reported late Monday, citing people familiar with the matter. Tech bellwether Nvidia (NVDA) fell 2.2%, Broadcom (AVGO) dropped 4.7%, Advanced Micro Devices (AMD) shed 2.7%, Oracle (ORCL) lost 3.8%, and Intel (INTC) declined 1.7%.Lam Research (LRCX), Applied Materials (AMAT) and KLA (KLAC) were among the chip equipment companies believed to have received a letter last week from the US Department of Commerce ordering them to halt certain tool shipments to China's second-largest chipmaker Hua Hong, Reuters reported. Lam declined 3.5%, Applied Materials dropped 5.5%, and KLA shed 3.5%.Spotify Technology (SPOT) reported stronger-than-expected Q1 profit, but its premium subscriber growth and outlook disappointed investors. The stock fell 13%.
Lam Research (LRCX), Applied Materials (AMAT) and KLA (KLAC) were among the chip equipment companies believed to have received a letter last week from the US Department of Commerce ordering them to halt certain tool shipments to China's second-largest chipmaker Hua Hong, Reuters reported Tuesday, citing two people familiar with the matter.US officials believe Hua Hong facilities will make China's most sophisticated chips, the report said, citing the people.The companies and the Commerce Department didn't immediately reply to requests for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $246.85, Change: $-12.71, Percent Change: -4.90%
US Orders Big Chip Equipment Firms to Halt Some Shipments to Chinese Chipmaker, Reuters Reports