Market Cap: 285.7216B; Mega Cap
P/E Ratio: 62.14; Fwd: 42.02
EPS (TTM): $3.52
Div. Yield: 0.35%

KLACNASDAQ— KLA Corporation Price & Analysis

KLA Corporation

TECHNOLOGY — SEMICONDUCTOR EQUIPMENT & MATERIALS

$210.52

-$8.21-3.75%

Market Cap: 285.7216B; Mega Cap
P/E Ratio: 62.14; Fwd: 42.02
EPS (TTM): $3.52
Div. Yield: 0.35%

Technical Summary

RSI (14)44.13Neutral

SMA (50)$220.77Bearish

SMA (200)$160.26Bullish

MACD-4.5204Bearish

Bollinger$184.58 – $279.50Mid

Stochastic20.98Neutral

Theo Outlook

KLA Corporation presents a bullish thesis with a market capitalization of $277.91 billion, trailing P/E of 60.27, and EPS of $3.53. Revenue grew 11.5% year-over-year to $13.10 billion TTM, supported by strong semiconductor demand and operating margins of 41.2%. Forward P/E of 41.49 suggests valuation compression potential amid sustained earnings momentum. Key catalysts include ongoing semiconductor equipment spending, new process control solutions for advanced nodes, and expansion in packaging and reticle markets. Quarterly earnings growth of 11.8% and analyst ratings with 18 buy/strong buy recommendations point to continued momentum through 2026, driven by AI and high-performance computing chip production. Risks encompass cyclical semiconductor downturns, intense competition from Applied Materials and Lam Research, and potential regulatory hurdles on export controls to China. Mitigations include KLA's dominant yield-management moat, diversified customer base, and robust R&D investment exceeding $1.5 billion annually. Analysis generated by HeyTheo AI based on SEC filings, earnings transcripts, and market data.

Theo Outlook

KLA Corporation presents a bullish thesis with a market capitalization of $277.91 billion, trailing P/E of 60.27, and EPS of $3.53. Revenue grew 11.5% year-over-year to $13.10 billion TTM, supported by strong semiconductor demand and operating margins of 41.2%. Forward P/E of 41.49 suggests valuation compression potential amid sustained earnings momentum. Key catalysts include ongoing semiconductor equipment spending, new process control solutions for advanced nodes, and expansion in packaging and reticle markets. Quarterly earnings growth of 11.8% and analyst ratings with 18 buy/strong buy recommendations point to continued momentum through 2026, driven by AI and high-performance computing chip production. Risks encompass cyclical semiconductor downturns, intense competition from Applied Materials and Lam Research, and potential regulatory hurdles on export controls to China. Mitigations include KLA's dominant yield-management moat, diversified customer base, and robust R&D investment exceeding $1.5 billion annually. Analysis generated by HeyTheo AI based on SEC filings, earnings transcripts, and market data.

Company Overview

KLA Corporation is a capital equipment company based in Milpitas, California. It supplies process control and yield management systems for the semiconductor industry and other related nanoelectronics industries. The company's products and services are intended for all phases of wafer, reticle, integrated circuit (IC) and packaging production, from research and development to final volume manufacturing.

Fundamental Snapshot

Revenue: 13.0967B
EBITDA: 5.8502B
Gross Profit: 8.0474B
Operating Margin: 41.2%
Profit Margin: 35.7%
ROE: 95.0%
Book Value: $4.461
Beta: 1.407
52-Wk High: $307.37
52-Wk Low: $82.87
Avg Volume: 10.7785M
PEG Ratio: 2.207

Frequently Asked Questions

What is KLA Corporation's business model?

KLA Corporation designs and manufactures process control and yield management systems for the semiconductor industry. It generates revenue primarily through sales of inspection, metrology, and data analytics equipment used across wafer, reticle, and IC manufacturing stages, with recurring service and software revenue streams.

What are KLA's main revenue sources?

KLA derives the majority of its $13.10 billion TTM revenue from semiconductor process control equipment, with additional contributions from services, software, and related nanoelectronics markets. The company reports strong gross margins around 61% driven by high-value capital equipment sales.

What competitive advantages does KLA hold?

Trading Data

Open: $214.51
Previous Close: $218.73
Day Range: $207.44 – $219.99
Volume: 10.8122M
Shares Outstanding: 1.3063B
Analyst Target: $234.04

Related Assets

MU

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$920.95

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AMD

Advanced Micro Devices Inc

Applied Materials Inc

$536.25

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Company Overview

KLA Corporation is a capital equipment company based in Milpitas, California. It supplies process control and yield management systems for the semiconductor industry and other related nanoelectronics industries. The company's products and services are intended for all phases of wafer, reticle, integrated circuit (IC) and packaging production, from research and development to final volume manufacturing.

Fundamental Snapshot

Revenue: 13.0967B
EBITDA: 5.8502B
Gross Profit: 8.0474B
Operating Margin: 41.2%
Profit Margin: 35.7%
ROE: 95.0%
Book Value: $4.461
Beta: 1.407
52-Wk High: $307.37
52-Wk Low: $82.87
Avg Volume: 10.7785M
PEG Ratio: 2.207

Frequently Asked Questions

What is KLA Corporation's business model?

KLA Corporation designs and manufactures process control and yield management systems for the semiconductor industry. It generates revenue primarily through sales of inspection, metrology, and data analytics equipment used across wafer, reticle, and IC manufacturing stages, with recurring service and software revenue streams.

What are KLA's main revenue sources?

KLA derives the majority of its $13.10 billion TTM revenue from semiconductor process control equipment, with additional contributions from services, software, and related nanoelectronics markets. The company reports strong gross margins around 61% driven by high-value capital equipment sales.

What competitive advantages does KLA hold?

KLA maintains leadership in yield management with proprietary technology that reduces defects in advanced chip production. Its installed base creates high switching costs, supported by 94.6% institutional ownership and consistent 11.5% quarterly revenue growth.

What are the key risks for KLAC investors?

Primary risks include semiconductor industry cyclicality, geopolitical export restrictions, and competition. The stock trades at a 60.27 trailing P/E with a modest 0.35% dividend yield; investors should monitor macro headwinds and the next earnings date following the March 2026 quarter.

What is the growth outlook for KLA?

KLA's growth outlook remains positive with 11.8% quarterly earnings growth, analyst target price of $234.57, and exposure to AI-driven semiconductor demand. Forward P/E of 41.49 and expanding addressable markets in advanced packaging support continued double-digit revenue expansion.