The Latest Breaking News from KLAC

KLA (NASDAQ:KLAC) has outperformed the market over the past 15 years by 6.0% on an annualized basis producing an average annual return of 12.29%. Currently, KLA has a market capitalization of $45.62 billion.

While KLA Corporation (KLAC) accelerated its share repurchase program, citing the rapidly growing semiconductor industry and its strengthening operational performance, we think STMicroelectronics N.V. (STM) is a better buy right now based on its various innovations across its product line and several other strategic initiatives to boost its performance. Read…

Semiconductor equipment maker KLA presented a reassuring outlook at its investor day event, but analysts remain cautious.

Needham hailed KLA Corp's (NASDAQ: KLAC) 2022 Investor Day in NYC in a note titled "Investor Day Reveals New 2026 Model Targeting Revenue of $14bn and EPS of $38."

Analysts have provided the following ratings for KLA (NASDAQ:KLAC) within the last quarter:

KLA (NASDAQ:KLAC) has outperformed the market over the past 10 years by 9.73% on an annualized basis producing an average annual return of 20.42%. Currently, KLA has a market capitalization of $47.42 billion.

While the world is grappling with a continuing semiconductor chip shortage, semiconductor manufacturing companies are benefiting from high prices. In addition, rising government and private investments to address the supply crunch position the semiconductor industry for solid growth. So, semiconductor companies Applied Materials (AMAT) and KLA Corporation (KLAC) should benefit…

Continued Ukraine-Russia war, soaring inflation, and the anticipated aggressive interest rate hikes later this year have made the stock market extremely volatile lately. Amid these circumstances, it could be wise to invest in high-quality stocks KLA Corporation (KLAC), Mettler-Toledo (MTD), Dolby (DLB), and Waters (WAT), which are down more than…

Deutsche Bank has decided to maintain its Buy rating of KLA (NASDAQ:KLAC) and lower its price target from $475.00 to $425.00. Shares of KLA are trading up 1.74% over the last 24 hours, at $336.00 per share. A move to $425.00 would account for a 26.49% increase from the current share…

The stock market has been exhibiting immense volatility of late due to escalating economic sanctions on Russia in response to its invasion of Ukraine, inflationary pressures, and supply chain disruptions. However, some growth-focused companies should be able to capitalize on the steady economic recovery this year. Microsoft (MSFT), Alphabet (GOOGL),…

Advanced Micro Devices (AMD) is a well-established player in the industry, but the stock could face some headwinds in the near term. Therefore, quality semiconductor stocks Texas Instruments (TXN), Applied Materials (AMAT), and KLA Corporation (KLAC) could be better bets to capitalize on the industry tailwinds.