KLA (NASDAQ:KLAC) Stock Price Expected to Rise, Berenberg Bank Analyst Says

KLA (NASDAQ:KLAC) had its price objective lifted by research analysts at Berenberg Bank from $1,770.00 to $2,000.00 in a research report issued on Thursday,MarketScreener reports. The firm presently has a “buy” rating on the semiconductor company’s stock. Berenberg Bank’s price target points to a potential upside of 15.86% from the stock’s previous close.

KLAC has been the topic of a number of other research reports. Weiss Ratings restated a “buy (b)” rating on shares of KLA in a research note on Tuesday, April 21st. Wolfe Research increased their target price on KLA from $1,800.00 to $2,000.00 and gave the stock an “outperform” rating in a report on Friday, April 10th. The Goldman Sachs Group restated a “neutral” rating and issued a $1,450.00 price target on shares of KLA in a research report on Friday, January 30th. Zacks Research downgraded KLA from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 16th. Finally, Argus upped their price objective on shares of KLA from $1,750.00 to $1,950.00 and gave the stock a “buy” rating in a research report on Friday. Twenty investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $1,798.30.

KLA Stock Performance

Shares of NASDAQ:KLAC opened at $1,726.26 on Thursday. KLA has a 12-month low of $675.27 and a 12-month high of $1,939.36. The company’s 50 day moving average price is $1,586.36 and its two-hundred day moving average price is $1,391.30. The firm has a market cap of $226.28 billion, a PE ratio of 48.86, a PEG ratio of 3.29 and a beta of 1.50. 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 quarterly earnings results on Wednesday, April 29th. The semiconductor company reported $9.40 earnings per share for the quarter, beating analysts’ consensus estimates of $9.17 by $0.23. The company had revenue of $3.42 billion during the quarter, compared to the consensus estimate of $3.37 billion. KLA had a net margin of 35.66% and a return on equity of 91.89%. The firm’s quarterly revenue was up 11.5% on a year-over-year basis. During the same period in the previous year, the business earned $8.41 earnings per share. KLA has set its Q4 2026 guidance at 8.870-10.870 EPS. Equities research analysts predict that KLA will post 36.81 earnings per share for the current year.

KLA announced that its Board of Directors has authorized a stock repurchase program on Thursday, March 12th that allows the company to buyback $7.00 billion in shares. This buyback authorization allows the semiconductor company to purchase up to 3.7% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s leadership believes its shares are undervalued.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of KLAC. Close Asset Management Ltd bought a new stake in shares of KLA during the third quarter worth $133,209,000. PFA Pension Forsikringsaktieselskab bought a new position in shares of KLA in the 4th quarter valued at $119,618,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its stake in shares of KLA by 69.1% in the 3rd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 87,547 shares of the semiconductor company’s stock valued at $94,422,000 after acquiring an additional 35,770 shares during the last quarter. Pinebridge Investments LLC acquired a new stake in shares of KLA during the 4th quarter valued at $32,812,000. Finally, SG Americas Securities LLC grew its position in KLA by 418.1% during the 3rd quarter. SG Americas Securities LLC now owns 29,227 shares of the semiconductor company’s stock worth $31,524,000 after acquiring an additional 23,586 shares during the last quarter. Institutional investors own 86.65% of the company’s stock.

KLA News Roundup

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

KLA Company Profile

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.