KLA Corporation (KLAC) Stock Price & Analysis
KLA Corporation (KLAC) is trading at USD 146.88, down 0.64% today, as of October 23, 2026 at 14:21 UTC (US market open; quotes may be delayed), according to Nexqual market data.
KLAC last closed at USD 147.83; today's session has ranged USD 145.74–149.27 on volume of 1,593,524 shares. Market capitalization is $191.68B, with a 52-week range of USD 107.2–307.37 (NMS). Source: Nexqual, retrieved October 23, 2026 at 14:21 UTC.
Also available as compact Markdown for AI agents: nexqual.com/KLAC.md
Key facts (KLAC)
- Last four reported quarters (through Jun 30, 2026): revenue $13.6B, net income $4.83B (35.6% margin), free cash flow $3.77B (SEC filings).
- 3 of 80 tracked superinvestors hold KLAC (13F, Q2 2026): 1 new, 2 added, 0 reduced, 0 unchanged.
- Analysts: Buy (mean 2.17 on a 1–5 scale) (30 analysts), mean target USD 232.38 (range 175–325).
- Total return with dividends: 1Y +27.4% vs S&P 500 +14.4%; 5Y +313.6% vs S&P 500 +77.0%.
- Next earnings: 2026-10-28, EPS estimate USD 1.18, revenue estimate $4.04B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (KLAC)
| USD | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $9.21B | $10.5B | $9.81B | $12.2B | $13.6B | $13.6B |
| Gross profit | $5.62B | $6.28B | $5.88B | $7.40B | $8.32B | — |
| Net income | $3.32B | $3.39B | $2.76B | $4.06B | $4.83B | $4.83B |
| EPS (diluted) | $2.19 | $2.42 | $2.03 | $3.04 | $3.66 | — |
| Free cash flow | $3.01B | $3.33B | $3.03B | $3.75B | $3.77B | $3.77B |
| Gross margin | 61.0% | 59.8% | 60.0% | 60.9% | 61.3% | — |
| Net margin | 36.1% | 32.3% | 28.1% | 33.4% | 35.6% | 35.6% |
| Revenue growth | +33.1% | +13.9% | -6.5% | +23.9% | +11.7% | — |
| Cash + short-term investments | — | $1.93B | $1.98B | $2.08B | $1.65B | — |
| Total debt | $6.66B | $5.89B | $6.63B | $5.88B | $5.89B | — |
Fiscal years end Jun. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (KLAC)
P/E at fiscal year-ends: Jun 2026 82.4x, Jun 2025 29.5x, Jun 2024 40.7x.
Superinvestors (SEC 13F-HR, Q2 2026) (KLAC)
3 of 80 tracked investors hold KLAC. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Jensen Investment Management | 5.78% | $238M | Added +377.2% | |
| Torray Funds | 1.50% | $11.1M | Added +737.5% | |
| Lee Ainslie | Maverick Capital | 0.02% | $1.7M | New position |
Analysts (KLAC)
Consensus Buy (mean 2.17 on a 1–5 scale), 30 analysts; mean target USD 232.38 (low 175, high 325).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-06 | Morgan Stanley | Target lowered | Overweight | $253 → $227 |
| 2026-09-01 | UBS | Target lowered | Neutral | $215 → $200 |
| 2026-07-29 | Stifel | Target lowered | Buy | $270 → $250 |
| 2026-07-29 | RBC Capital | Target raised | Sector Perform | $170 → $180 |
| 2026-07-29 | Susquehanna | Target lowered | Neutral | $275 → $215 |
| 2026-07-29 | Wells Fargo | Target lowered | Overweight | $305 → $245 |
| 2026-07-29 | Cantor Fitzgerald | Reiterated | Overweight | $325 |
| 2026-07-29 | JP Morgan | Target raised | Overweight | $200 → $238 |
| 2026-07-29 | Needham | Reiterated | Buy | $270 |
| 2026-07-29 | Deutsche Bank | Target lowered | Hold | $220 → $195 |
| 2026-07-29 | Jefferies | Target raised | Buy | $200 → $210 |
| 2026-07-20 | UBS | Target lowered | Neutral | $255 → $240 |
Total return (dividends reinvested) (KLAC)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-25) | |
|---|---|---|
| Total return | +27.4% | +313.6% |
| S&P 500 (SPY) | +14.4% | +77.0% |
| Per year | +27.4% | +32.9% |
| Volatility (annualized) | 61.1% | 44.6% |
| Max drawdown | -51.3% (Jun 2026→Oct 2026) | -43.4% (Jun 2026→Oct 2026) |
KLAC revenue by business segment (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Semiconductor Process Control | $3.26B | 89.0% | +13.2% |
| PCB and Component Inspection | $241.1M | 6.6% | +56.5% |
| Specialty Semiconductor Process | $159.7M | 4.4% | +12.6% |
| Total revenue | $3.66B | 100% | — |
KLAC revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Product | $2.84B | 77.6% | +14.8% |
| — Wafer Inspection (part of Product) | $1.78B | 48.7% | +0.5% |
| — Patterning (part of Product) | $728.1M | 19.9% | +60.8% |
| — PCB and Component Inspection (part of Product) | $167.5M | 4.6% | +96.2% |
| — Specialty Semiconductor Process (part of Product) | $136.5M | 3.7% | +11.0% |
| — Other (part of Product) | $23.9M | 0.7% | -39.2% |
| Service | $820.4M | 22.4% | +16.8% |
| Total revenue | $3.66B | 100% | — |
KLAC revenue by region (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Taiwan | $1.14B | 31.1% | +30.0% |
| China | $956.7M | 26.2% | -0.2% |
| North America | $655.0M | 17.9% | +132.9% |
| Korea | $374.1M | 10.2% | -21.8% |
| Japan | $210.5M | 5.8% | -44.2% |
| Europe and Israel | $167.2M | 4.6% | +33.7% |
| Rest of Asia | $158.0M | 4.3% | +96.1% |
| Total revenue | $3.66B | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
KLAC suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Competitor | Applied Materials (AMAT) | “In each of our product markets, we have many competitors, including companies such as Applied Materials, Inc., ASML Holding N.V., Hitachi High-Tech Corporation, Lasertec, Inc. and Onto Innovation, Inc., some of which may have greater financial, research, engineering, manufacturing and marketing resources than we have.” |
| Competitor | ASML (ASML) | “In each of our product markets, we have many competitors, including companies such as Applied Materials, Inc., ASML Holding N.V., Hitachi High-Tech Corporation, Lasertec, Inc. and Onto Innovation, Inc., some of which may have greater financial, research, engineering, manufacturing and marketing resources than we have.” |
Quoted from the company's 10-K filed Aug 6, 2026.
Companies that name KLAC in their SEC reports
| Relationship to KLAC | Company | Filing | Sentence |
|---|---|---|---|
| competitor | ONTO INNOVATION INC. (ONTO) | 10-K Feb 24, 2026 | “In automated systems for the semiconductor industry, our principal competitors are KLA Corporation ("KLA") and Nova Ltd. (formerly Nova Measuring Instruments Ltd.) ("Nova") for thin film and critical dimension OCD metrology.” |
KLAC customer concentration
In the period ended Jun 30, 2026, a single direct customer accounted for 19% of revenue, per the company's 10-K filed Aug 6, 2026. The company does not name it.
KLAC analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $1.18 | $1.13 | +3.9% | $4.04B | 22 |
| Next quarter (ends Dec 2026) | $1.36 | $1.29 | +5.0% | $4.49B | 22 |
| Current fiscal year (ends Jun 2027) | $5.44 | $5.17 | +5.1% | $18.14B | 25 |
| Next fiscal year (ends Jun 2028) | $6.74 | $6.28 | +7.4% | $21.57B | 22 |
KLAC options: expected move
Options price a move of about ±10.0% (±$14.65) by Oct 30, 2026, which includes earnings on Oct 28, 2026. Over the last 8 reports the stock moved ±5.8% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Oct 30, 2026 | 7 | 88.5% | ±10.0% |
| Nov 6, 2026 | 14 | 76.7% | ±12.1% |
| Nov 13, 2026 | 21 | 71.1% | ±13.7% |
| Nov 20, 2026 | 28 | 64.6% | ±14.3% |
| Nov 27, 2026 | 35 | 61.5% | ±15.2% |
| Dec 4, 2026 | 42 | 59.8% | ±16.2% |
| Dec 18, 2026 | 56 | 59.8% | ±18.7% |
| Jan 15, 2027 | 84 | 56.1% | ±21.5% |
30-day implied volatility 62.9% vs 50.9% realized over the last 30 trading days. Put/call ratio (volume) 2.22. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 14:21 UTC)
| Price | USD 146.88 |
|---|---|
| Change | ▼ 0.64% (down) |
| Previous Close | USD 147.83 |
| Open | USD 147.24 |
| Day Range | USD 145.74 – 149.27 |
| 52-Week Range | USD 107.2 – 307.37 |
| Volume | 1,593,524 shares |
| Market Cap | $191.68B |
| Exchange | NMS |
Technical Analysis (KLAC)
Nexqual's technical model rates KLAC "SELL" based on 2 bullish and 5 bearish signals across 128 daily candles, as of October 23, 2026 at 14:21 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 22.58 (oversold) |
| vs SMA50 | Below (USD 182.45) |
| MACD | -9.07 (negative) |
Analyst Ratings (KLAC)
Wall Street analysts rate KLAC "Buy" based on 30 analysts, with a mean price target of USD 232.38 (range USD 175–325), per Nexqual as of October 23, 2026 at 14:21 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 30 |
| Mean Target | USD 232.38 |
| High Target | USD 325 |
| Low Target | USD 175 |
| Buy / Hold / Sell | 20 / 10 / 0 |
Earnings (KLAC)
| Next Earnings Date | 2026-10-28 |
|---|---|
| EPS Estimate | USD 1.18 |
| Revenue Estimate | $4.04B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 1.05 vs est 1 ▲ beat |
| 2026-03-31 | USD 0.94 vs est 0.92 ▲ beat |
| 2025-12-31 | USD 0.89 vs est 0.88 ▲ beat |
| 2025-09-30 | USD 0.88 vs est 0.86 ▲ beat |
Source: Nexqual, October 23, 2026 at 14:21 UTC.
Financials & Fundamentals (KLAC)
| Total Revenue | $13.58B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +15.20% |
| Gross Margin | +61.30% |
| Operating Margin | +42.49% |
| Profit Margin | +35.57% |
| ROE | +87.50% |
| Debt / Equity | 0.97 |
| Current Ratio | 2.88 |
| Total Cash | $4.90B |
| Total Debt | $6.15B |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $3.77B (27.7% of revenue) |
Source: Nexqual, October 23, 2026 at 14:21 UTC.
Financial Health Score (KLAC)
Nexqual rates KLA Corporation's overall financial health "Strong" across five dimensions, as of October 23, 2026 at 14:21 UTC.
| Growth | Solid — Revenue +12% YoY (annual) |
|---|---|
| Profitability | Strong — Gross margin 61%, operating 42% (last 12 months) |
| Balance Sheet | Mixed — $1.65B cash and investments vs $5.89B debt (Jun 2026, SEC) |
| Cash Flow | Strong — FCF $3.77B (last 4 quarters to Jun 2026, SEC), 28% margin |
| Efficiency | Strong — ROE 87%, ROA 20.8% |
Ownership (KLAC)
| Insider Ownership | +0.11% |
|---|---|
| Institutional Ownership | +94.13% |
| Shares Outstanding | 1.31B |
| Float | 1.30B |
| Short % of Float | +1.86% |
Source: Nexqual, October 23, 2026 at 14:21 UTC.
From KLA Corporation's Latest SEC 10-K Filing (filed 2026-08-06)
Key Strengths & Strategy (as disclosed to the SEC)
- We protect our proprietary technology through reliance on a variety of IP laws, including patent, copyright and trade secret.
- Our suite of advanced products, coupled with our unique process control software and services, allows us to deliver solutions that help our customers achieve their technology advancement and high-volume production goals by improving yields while reducing waste, risks and costs.
- We have filed and obtained a number of patents in the U.S. and abroad and intend to continue pursuing the legal protection of our technology through IP laws.
- As of June 30, 2026, we owned over 9,100 active patents in the U.S. and other countries and had over 3,600 U.S. and foreign patent applications pending.
Partnerships
- While we do not consider our business to be seasonal, it has historically been cyclical with respect to these manufacturers' capital equipment procurement practices and is affected by their investment patterns across global markets, industry downturns, broader economic conditions, customer consolidation, and political and regulatory change.
Legal & Regulatory Risks (Item 1A, quoted)
- We might be involved in claims or disputes related to IP or other confidential information that may be costly to resolve, prevent us from selling or using the challenged technology and seriously harm our operating results and financial condition.
- Compliance with federal securities laws, rules and regulations, as well as NASDAQ requirements, has become increasingly complex, and the significant attention and expense we must devote to those areas may have an adverse impact on our business.
- Our Amended and Restated Bylaws ("Bylaws") designate the Court of Chancery of the State of Delaware as the sole forum for certain actions, which may discourage claims against the Company.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| LRCX | Lam Research Corporation | USD 227.7 | ▼ 1.06% |
| AMAT | Applied Materials, Inc. | USD 376.92 | ▲ 0.36% |
| ASML | ASML Holding N.V. - New York Re | USD 1,571.05 | ▲ 0.67% |
| TER | Teradyne, Inc. | USD 309.43 | ▲ 0.22% |
| Q | Qnity Electronics, Inc. | USD 107.01 | ▼ 1.63% |
| ENTG | Entegris, Inc. | USD 131.29 | ▲ 2.32% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 14:21 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt