Beyond The Numbers: 8 Analysts Discuss KLA Stock

Analysts' ratings for KLA (NASDAQ:KLAC) over the last quarter vary from bullish to bearish, as provided by 8 analysts.

The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 2 3 3 0 0
Last 30D 0 1 0 0 0
1M Ago 1 0 0 0 0
2M Ago 0 1 1 0 0
3M Ago 1 1 2 0 0

The 12-month price targets, analyzed by analysts, offer insights with an average target of $766.5, a high estimate of $850.00, and a low estimate of $703.00. Experiencing a 5.17% decline, the current average is now lower than the previous average price target of $808.25.

Diving into Analyst Ratings: An In-Depth Exploration

A comprehensive examination of how financial experts perceive KLA is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Joseph Quatrochi Wells Fargo Lowers Overweight $795.00 $800.00
Toshiya Hari Goldman Sachs Lowers Buy $759.00 $850.00
Joseph Quatrochi Wells Fargo Lowers Overweight $800.00 $870.00
Joseph Moore Morgan Stanley Lowers Equal-Weight $703.00 $746.00
Krish Sankar TD Cowen Lowers Hold $725.00 $760.00
Tom O'Malley Barclays Lowers Equal-Weight $750.00 $800.00
Edward Yang Oppenheimer Raises Outperform $850.00 $750.00
Sidney Ho Deutsche Bank Lowers Buy $750.00 $890.00

Key Insights: Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to KLA. This offers insight into analysts' perspectives on the current state of the company. Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of KLA compared to the broader market. Price Targets: Delving into movements, analysts provide estimates for the future value of KLA's stock. This analysis reveals shifts in analysts' expectations over time.

Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of KLA's market standing. Stay informed and make data-driven decisions with our Ratings Table.

Stay up to date on KLA analyst ratings.

About KLA

KLA is one of the largest semiconductor wafer fabrication equipment, or WFE, manufacturers in the world. It specializes in the market segment of semiconductor process control, wherein machines inspect semiconductor wafers during research and development and manufacturing for defects and verify precise measurements. In this section of the market, KLA holds a majority share. It also has a small exposure to the etch and deposition segments of the WFE market. It counts as top customers the largest chipmakers in the world, including TSMC and Samsung.

Understanding the Numbers: KLA's Finances

Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.

Revenue Growth: KLA's remarkable performance in 3 months is evident. As of 30 September, 2024, the company achieved an impressive revenue growth rate of 18.55%. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Information Technology sector, the company excelled with a growth rate higher than the average among peers.

Net Margin: KLA's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 33.29% net margin, the company effectively manages costs and achieves strong profitability.

Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 27.3%, the company showcases effective utilization of equity capital.

Return on Assets (ROA): KLA's ROA excels beyond industry benchmarks, reaching 6.08%. This signifies efficient management of assets and strong financial health.

Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 1.92, caution is advised due to increased financial risk.

What Are Analyst Ratings?

Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.

Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.

Which Stocks Are Analysts Recommending Now?

Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. Click here to stay ahead of the market.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Latest Ratings for KLAC

DateFirmActionFromTo
Jan 2022Morgan StanleyMaintainsEqual-Weight
Jan 2022NeedhamMaintainsBuy
Jan 2022SusquehannaMaintainsPositive

View More Analyst Ratings for KLAC

View the Latest Analyst Ratings

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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