KLA Corporation (KLAC)

NASDAQ: KLAC · IEX Real-Time Price · USD
581.30
-4.97 (-0.85%)
At close: Dec 29, 2023, 4:00 PM
580.69
-0.61 (-0.10%)
After-hours: Dec 29, 2023, 7:48 PM EST
-0.85%
Market Cap 79.02B
Revenue (ttm) 10.17B
Net Income (ttm) 3.10B
Shares Out 135.93M
EPS (ttm) 22.32
PE Ratio 26.04
Forward PE 23.92
Dividend $5.80 (1.00%)
Ex-Dividend Date Nov 14, 2023
Volume 512,906
Open 584.78
Previous Close 586.27
Day's Range 577.02 - 586.70
52-Week Range 355.88 - 597.43
Beta 1.35
Analysts Buy
Price Target 536.07 (-7.78%)
Earnings Date Jan 25, 2024

About KLAC

KLA Corporation designs, manufactures, and markets process control, process-enabling, and yield management solutions for the semiconductor and related electronics industries worldwide. It operates through three segments: Semiconductor Process Control; Specialty Semiconductor Process; and PCB, Display and Component Inspection. The company offers inspection and review tools to identify, locate, characterize, review, and analyze defects on various surfaces of patterned and unpatterned wafers; metrology systems that are used to measure pattern dime... [Read more]

Sector Technology
Founded 1975
Employees 15,000
Stock Exchange NASDAQ
Ticker Symbol KLAC
Full Company Profile

Financial Performance

In 2023, KLAC's revenue was $10.50 billion, an increase of 13.94% compared to the previous year's $9.21 billion. Earnings were $3.39 billion, an increase of 1.97%.

Financial Statements

Analyst Forecast

According to 16 analysts, the average rating for KLAC stock is "Buy." The 12-month stock price forecast is $536.07, which is a decrease of -7.78% from the latest price.

Price Target
$536.07
(-7.78% downside)
Analyst Consensus: Buy
Stock Forecasts

News

We've very bullish on semiconductors going into 2024, says BofA's Vivek Arya

Vivek Arya, Bank of America senior semiconductor analyst, joins 'Squawk Box' to discuss the state of the semiconductor industry, Micron's quarterly earnings results, industry outlook in 2024, and more...

10 days ago - CNBC Television

Final Trades: Cisco, Goldman Sachs and KLA Corp.

The "Halftime Report" traders give their top picks: Cisco, Goldman Sachs and KLA Corp.

Other symbols: CSCOGS
20 days ago - CNBC Television

The nucleus of the economy is the semiconductor chip, says Virtus Investment's Joe Terranova

Joe Terranova, Virtus Investment Partners chief market strategist, joins 'Power Lunch' to take on the growth versus value debate and offer his market outlook.

4 weeks ago - CNBC Television

Stocks This Week: Buy Microsoft And KLA Corporation

The yearend market rally is led by the large-cap tech stocks. Here are a pair of leaders that will likely lead the fourth quarter charge.

Other symbols: MSFT
4 weeks ago - Forbes

The Best Semiconductor Stocks to Buy

Semiconductor stocks are on the mend after a rough stretch and all the drivers remain in place for continued success going forward.

Other symbols: KLICMRVLNVDASITM
5 weeks ago - Kiplinger

KLA Announces Upcoming Investor Webcasts

MILPITAS, Calif. , Nov. 15, 2023 /PRNewswire/ -- KLA Corporation (NASDAQ: KLAC) today announced webcasts for upcoming investor conferences: Tue.

6 weeks ago - PRNewsWire

KLA Declares Regular Cash Dividend

MILPITAS, Calif. , Nov. 2, 2023 /PRNewswire/ -- The KLA Corporation (NASDAQ: KLAC) Board of Directors today declared a quarterly cash dividend of $1.45 per share on its common stock, payable on Dec. 1...

2 months ago - PRNewsWire

KLA Corporation Reports Fiscal 2024 First Quarter Results

Total revenues were $2.40 billion, at the upper end of the guidance range of $2.35 billion +/- $125 million; GAAP and non-GAAP diluted EPS attributable to KLA was $5.41 and $5.74, respectively, each f...

2 months ago - PRNewsWire

Among the S&P 500, these 20 companies have made the best use of investors' money

There is no easy way to select individual stocks. Measures of financial quality can highlight companies that are worth a closer look, but a decision to commit money must also take into consideration b...

2 months ago - Market Watch

U.S. curbs export of more A.I. chips to China: The companies that could be impacted

CNBC's Kristina Partsinevelos joins 'Squawk on the Street' with the latest news.

Other symbols: AMATAMDINTCNVDATSM
2 months ago - CNBC Television

KLA Announces First Quarter Fiscal Year 2024 Earnings Date

MILPITAS, Calif. , Oct. 4, 2023 /PRNewswire/ -- KLA Corporation (NASDAQ: KLAC) today announced that the company will review first quarter fiscal year 2024 earnings on Wednesday, Oct. 25, 2023 at 2 p.m...

3 months ago - PRNewsWire

These 20 growth stocks are worth considering on a pullback, says Citi

Citi has released a list of 20 large-cap growth stocks that it says present opportunities in the event of a pullback.

3 months ago - Market Watch

Semiconductor companies are in denial about this sea-change with their biggest customers

The world is experiencing a multi-trillion-dollar shift in the semiconductor industry. The semiconductor revolution (which I have discussed for years) has enabled much of the technological progress we...

3 months ago - Market Watch

2 Charts That Show Semiconductor Stocks Are Poised to Drop

The S&P Semiconductors Select Industry Index has topped both price-wise and on a relative basis. That bodes poorly for the sector.

3 months ago - Barrons

KLA stock heads toward 7th-straight gain after dividend boosted, $2 billion added to buyback program

Shares of KLA Corp. KLAC, +1.03% rose 0.2% in premarket trading Tuesday toward a seventh-straight gain, after the semiconductor equipment maker raised its dividend by 11.5% and increased its stock rep...

4 months ago - Market Watch

KLA Corporation Announces Increase in Quarterly Dividend Level to $1.45 per share and $2 billion Increase in Total Share Repurchase Authorization

Announces increase in the quarterly dividend level to $1.45 per share from $1.30, the 14th consecutive annual dividend increase for KLA. Since inception in 2006, KLA has grown the quarterly dividend l...

4 months ago - PRNewsWire

Stock screen spotlights 20 companies whose 2024 earnings estimates have risen most sharply

With another earnings season almost complete, it might be useful for investors to look further ahead. Each earnings season, we can see 70% to 80% of the S&P 500 “beating” consensus quarterly profit es...

Other symbols: AMZNARECATDHIGEIRMLYV
4 months ago - Market Watch

KLA Foundation Announces Inaugural $1 Million in Education Equity Fund Grants

Grants to help nonprofits expand access to quality education  among underrepresented students MILPITAS, Calif. , Aug. 8, 2023 /PRNewswire/ -- KLA Corporation (NASDAQ: KLAC) today announced the KLA Fou...

5 months ago - PRNewsWire

Is KLA Corp (KLAC) Fairly Valued? An In-depth Analysis

On July 28, 2023, KLA Corp ( KLAC , Financial) saw a daily gain of 5.48%, with its Earnings Per Share (EPS) (EPS) standing at 24.52. The question on many investors' minds is whether this semiconductor...

5 months ago - GuruFocus

KLA Corp. stock adds to regular-session rally on earnings beat, outlook

KLA Corp. shares added to regular-session gains after hours Thursday as the chip-equipment maker's outlook and results topped Wall Street expectations.

5 months ago - Market Watch

KLA Corporation Reports Fiscal 2023 Fourth Quarter and Full Year Results

For the quarter, total revenues were $2.355 billion, above the mid-point of guidance range of $2.125 to $2.375 billion; For the quarter, GAAP diluted EPS attributable to KLA was $4.97 and non-GAAP dil...

5 months ago - PRNewsWire

Chip-equipment suppliers rally after Lam says AI servers will drive growth

Semiconductor-related stocks surged Thursday, and leading the pack were stocks of the companies that make the equipment used to make chips.

Other symbols: AMATASMLLRCXMUTXN
5 months ago - Market Watch

KLA Corp (KLAC): A Fairly Valued Stock in the Semiconductor Industry

KLA Corp ( KLAC , Financial) saw a daily gain of 7.05%, with an Earnings Per Share (EPS) (EPS) of 24.52. The question at hand is: Is this stock fairly valued?

5 months ago - GuruFocus

KLA Names Michael R. McMullen to Board of Directors

MILPITAS, Calif. , July 24, 2023 /PRNewswire/ -- KLA Corporation (NASDAQ: KLAC) announced the appointment of Michael R.

5 months ago - PRNewsWire

Another way to play AI stocks: These have been the most efficient chip makers

How should you play a long-term trend in the stock market? Investors have made an early bet on years of deployment of artificial intelligence across the corporate world by focusing on data-center infr...

6 months ago - Market Watch