Morgan Stanley Raises KLA (NASDAQ:KLAC) Price Target to $1,214.00

KLA (NASDAQ:KLAC) had its target price raised by analysts at Morgan Stanley from $1,154.00 to $1,214.00 in a research note issued to investors on Tuesday, Marketbeat reports. The brokerage currently has an “equal weight” rating on the semiconductor company’s stock. Morgan Stanley’s target price would indicate a potential upside of 0.19% from the stock’s current price.

Other equities analysts have also recently issued reports about the company. Cowen reaffirmed a “hold” rating on shares of KLA in a report on Thursday, October 30th. Wolfe Research lifted their price target on KLA from $1,250.00 to $1,500.00 and gave the stock an “outperform” rating in a research note on Thursday, October 30th. JPMorgan Chase & Co. boosted their price objective on shares of KLA from $1,070.00 to $1,485.00 and gave the stock an “overweight” rating in a research report on Thursday, October 30th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of KLA from $1,070.00 to $1,200.00 and gave the stock a “hold” rating in a research note on Thursday, October 30th. Finally, Rothschild & Co Redburn upped their target price on KLA from $1,100.00 to $1,300.00 and gave the company a “neutral” rating in a research note on Friday, October 31st. Twelve analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $1,243.81.

KLA Stock Performance

NASDAQ KLAC opened at $1,211.75 on Tuesday. The company has a current ratio of 2.69, a quick ratio of 1.88 and a debt-to-equity ratio of 1.18. The business’s 50 day moving average is $1,140.81 and its two-hundred day moving average is $978.41. The stock has a market capitalization of $159.21 billion, a price-to-earnings ratio of 38.05, a PEG ratio of 3.15 and a beta of 1.44. KLA has a 12-month low of $551.33 and a 12-month high of $1,284.47.

KLA (NASDAQ:KLAC) last posted its quarterly earnings results on Wednesday, October 29th. The semiconductor company reported $8.81 earnings per share for the quarter, beating analysts’ consensus estimates of $8.47 by $0.34. The firm had revenue of $3.21 billion for the quarter, compared to the consensus estimate of $3.17 billion. KLA had a return on equity of 107.26% and a net margin of 33.83%.The company’s revenue for the quarter was up 13.0% compared to the same quarter last year. During the same period in the previous year, the business earned $7.33 earnings per share. KLA has set its Q2 2026 guidance at 7.920-9.480 EPS. Research analysts expect that KLA will post 31.59 EPS for the current year.

Insider Buying and Selling at KLA

In related news, CEO Richard P. Wallace sold 10,803 shares of the company’s stock in a transaction on Tuesday, November 11th. The shares were sold at an average price of $1,203.10, for a total transaction of $12,997,089.30. Following the completion of the sale, the chief executive officer directly owned 81,211 shares of the company’s stock, valued at approximately $97,704,954.10. This represents a 11.74% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 91.48% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in KLAC. Activest Wealth Management grew its holdings in KLA by 4,100.0% during the 1st quarter. Activest Wealth Management now owns 42 shares of the semiconductor company’s stock valued at $29,000 after purchasing an additional 41 shares in the last quarter. Ulland Investment Advisors LLC purchased a new stake in KLA during the 2nd quarter worth approximately $32,000. Saudi Central Bank purchased a new stake in KLA during the 1st quarter worth approximately $36,000. Sentry Investment Management LLC purchased a new position in shares of KLA during the 2nd quarter valued at approximately $36,000. Finally, Arlington Trust Co LLC grew its position in shares of KLA by 125.0% during the third quarter. Arlington Trust Co LLC now owns 36 shares of the semiconductor company’s stock worth $39,000 after buying an additional 20 shares in the last quarter. 86.65% of the stock is owned by institutional investors and hedge funds.

KLA Company Profile

KLA Corporation, together with its subsidiaries, engages in the design, manufacture, and marketing of 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 and Component Inspection.