JPMorgan Chase & Co. Increases KLA (NASDAQ:KLAC) Price Target to $2,000.00

KLA (NASDAQ:KLAC) had its price objective lifted by research analysts at JPMorgan Chase & Co. from $1,950.00 to $2,000.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm currently has an “overweight” rating on the semiconductor company’s stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 15.86% from the stock’s current price.

KLAC has been the topic of several other research reports. Rothschild & Co Redburn increased their target price on KLA from $1,300.00 to $1,400.00 and gave the company a “neutral” rating in a research note on Friday, February 6th. Weiss Ratings reissued a “buy (b)” rating on shares of KLA in a research note on Tuesday, April 21st. Morgan Stanley reissued an “overweight” rating and issued a $1,900.00 target price on shares of KLA in a research note on Thursday. Zacks Research lowered KLA from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 16th. Finally, Barclays increased their target price on KLA from $1,595.00 to $1,700.00 and gave the company an “overweight” rating in a research note on Friday, January 30th. Twenty investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat.com, KLA currently has an average rating of “Moderate Buy” and a consensus target price of $1,798.30.

KLA Price Performance

KLA stock opened at $1,726.26 on Thursday. The business’s 50-day simple moving average is $1,586.36 and its 200 day simple moving average is $1,391.30. The stock has a market cap of $226.28 billion, a price-to-earnings ratio of 48.86, a P/E/G ratio of 3.29 and a beta of 1.50. KLA has a 12-month low of $675.27 and a 12-month high of $1,939.36. The company has a quick ratio of 2.00, a current ratio of 3.03 and a debt-to-equity ratio of 1.01.

KLA (NASDAQ:KLAC) last released its earnings results on Wednesday, April 29th. The semiconductor company reported $9.40 earnings per share for the quarter, beating the consensus estimate of $9.17 by $0.23. KLA had a return on equity of 91.89% and a net margin of 35.66%.The firm had revenue of $3.42 billion for the quarter, compared to analyst estimates of $3.37 billion. During the same quarter in the prior year, the firm posted $8.41 earnings per share. The company’s quarterly revenue was up 11.5% on a year-over-year basis. KLA has set its Q4 2026 guidance at 8.870-10.870 EPS. As a group, research analysts anticipate that KLA will post 36.81 earnings per share for the current year.

KLA declared that its board has initiated a share buyback program on Thursday, March 12th that permits the company to buyback $7.00 billion in shares. This buyback authorization permits the semiconductor company to repurchase up to 3.7% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s board believes its shares are undervalued.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. Motco grew its holdings in shares of KLA by 1.8% during the fourth quarter. Motco now owns 405 shares of the semiconductor company’s stock worth $492,000 after buying an additional 7 shares in the last quarter. Nemes Rush Group LLC grew its holdings in shares of KLA by 17.1% during the fourth quarter. Nemes Rush Group LLC now owns 48 shares of the semiconductor company’s stock worth $58,000 after buying an additional 7 shares in the last quarter. SouthState Bank Corp grew its holdings in shares of KLA by 6.7% during the fourth quarter. SouthState Bank Corp now owns 111 shares of the semiconductor company’s stock worth $135,000 after buying an additional 7 shares in the last quarter. West Michigan Advisors LLC grew its holdings in shares of KLA by 2.7% during the fourth quarter. West Michigan Advisors LLC now owns 305 shares of the semiconductor company’s stock worth $371,000 after buying an additional 8 shares in the last quarter. Finally, Rothschild Investment LLC grew its holdings in shares of KLA by 0.4% during the third quarter. Rothschild Investment LLC now owns 2,087 shares of the semiconductor company’s stock worth $2,251,000 after buying an additional 9 shares in the last quarter. 86.65% of the stock is currently owned by institutional investors.

Trending Headlines about KLA

Here are the key news stories impacting KLA this week:

• Positive Sentiment: PineStone Asset Management opened a large new position in KLAC — about $151.7M worth of shares reported in a recent 13F, signalling institutional conviction and incremental demand for the stock. PineStone opens new $151.7M KLAC position
• Positive Sentiment: Multiple sell‑side firms raised price targets (Needham, Wells Fargo, JPMorgan, Stifel, Berenberg, Argus among others), lifting medium‑term analyst sentiment and signaling upside to consensus. This supports longer-term conviction despite near-term volatility. Stifel raises KLAC price target
• Neutral Sentiment: KLA reported Q3 results that beat EPS and revenue estimates and issued above‑consensus guidance tied to AI‑driven chip demand — a fundamental positive, but one that already appears partly baked into expectations. Q3 earnings transcript / results
• Negative Sentiment: Despite the beat and bullish guidance, the stock fell after the release as some investors/analysts said the outlook or cadence didn’t clear a higher bar — short‑term disappointment drove selling. Stock tumbles after earnings despite beat
• Negative Sentiment: Insider selling: recent open‑market sales by the CEO and CFO (multi‑million dollar disposals) add to near‑term selling pressure and may worry some investors about timing of exits. QuiverQuant fund & insider update

About KLA

KLA is a provider of process control and yield management solutions for the semiconductor and related microelectronics industries. The company designs and manufactures equipment, software and services used by chipmakers to analyze and control manufacturing processes, detect defects, measure critical dimensions and improve yield across wafer fabrication, photomask and packaging operations. KLA’s offerings are aimed at enabling production of advanced logic, memory, and specialty devices at progressively smaller technology nodes and more complex package structures.

Its product portfolio includes optical and e-beam inspection systems, metrology tools for critical dimension and film measurement, mask and reticle inspection platforms, as well as enterprise software and data analytics that aggregate process data and drive automated process control.