Inside the research
KLA Corporation
KLAC Research profile · latest available data
Price overview
$187.92
▲ +0.81 (+0.4%)
| 52w hi | $301.37 |
|---|---|
| 52w lo | $97.75 |
| Vol | 7.14M |
| As of | 25 Sep 2026 |
The Verdict
Our score -0.03
| Short | -0.60 |
|---|---|
| Medium | +0.30 |
| Long | +0.47 |
computed 2026-09-27
Key fundamentals
KLA Corporation
Technology · Semiconductor Equipment & Materials
| Market cap | $245.24B |
|---|---|
| Enterprise value | $246.78B |
| Trailing P/E | 51.34x |
| Forward P/E | 28.03x |
| EV / EBITDA | 40.76x |
| P / S (ttm) | 18.06x |
| Profit margin | 35.6% |
| Return on equity | 87.5% |
| Revenue growth | +15.2% |
| Earnings growth | +13.8% |
| Debt / equity | 96.88 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.20 | |
| Sector | +0.24 | |
| Technical | -0.32 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-09-27
Business overview
KLA Corporation, together with its subsidiaries, provides process control and process-enabling solutions for manufacturing wafers, reticles/masks, chemicals/materials, integrated circuits (ICs), packaged ICs, and printed circuit boards. It operates through three segments: Semiconductor Process Control; Specialty Semiconductor Process; and PCB 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; chemical process control equipment; wired and wireless sensor wafers and reticles; wafer defect inspection, review, and metrology systems; reticle inspection and metrology systems; wafer inspection and metrology systems; semiconductor software solutions; KLA Pro systems; and specialty semiconductor manufacturing, benchtop metrology, surface characterization, material strength characterization, and electrical property measurement products. It also provides etch, plasma dicing, deposition and other wafer processing technologies and solutions; direct imaging, inspection, optical shaping, inkjet, and additive printing, as well as computer-aided manufacturing and engineering solutions; and components. In addition, the company offers service programs. It serves semiconductor, and semiconductor-related and electronic device manufacturers. The company operates in China, Taiwan, Korea, North America, Japan, Europe, Israel, and rest of Asia. The company was formerly known as KLA-Tencor Corporation and changed its name to KLA Corporation in July 2019. KLA Corporation was incorporated in 1975 and is headquartered in Milpitas, California.
Risk Metrics
| Beta vs SPX | 2.02 |
|---|---|
| Corr SPX | 0.62 |
| Annual vol | 52.7% |
| Annual ret | +59.3% |
| Sharpe | 1.13 |
| Max DD | -44.5% |
Window: 504 trading days (504 obs)
Analyst Coverage
| Mean PT | $1,835.66 |
|---|---|
| High / Low | $2,100.00 / $1,400.00 |
| Median | $1,875.00 |
| Analysts | 29 |
| Strong Buy | 5 | |
|---|---|---|
| Buy | 14 | |
| Hold | 10 | |
| Sell | 0 | |
| Strong Sell | 1 |
Recent rating actions
| 2026-05-01 | Citigroup | → Buy |
| 2026-04-30 | Wells Fargo | → Overweight |
| 2026-04-30 | TD Cowen | → Buy |
| 2026-04-30 | Susquehanna | → Neutral |
| 2026-04-30 | RBC Capital | → Sector Perform |
| 2026-04-30 | Needham | → Buy |
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-08-06 | Other Material Event, Exhibits | read |
| 2026-07-28 | Earnings Release, Exhibits | read |
| 2026-06-12 | Bylaws Amendment, Exhibits | read |
| 2026-05-07 | Other Material Event, Exhibits | read |
| 2026-04-29 | Earnings Release, Exhibits | read |
| 2026-03-12 | Reg FD Disclosure, Other Material Event | read |
| 2026-02-05 | Other Material Event, Exhibits | read |
| 2026-01-29 | Earnings Release, Exhibits | read |
| 2025-11-07 | Bylaws Amendment, Shareholder Vote… | read |
| 2025-10-29 | Earnings Release, Exhibits | read |
| 2025-08-07 | Officer / Director Change, Other Material Event… | read |
| 2025-07-31 | Earnings Release, Exhibits | read |
Insider Trades
| Date | Insider | Role | Action | Shares | Value |
|---|---|---|---|---|---|
| 2025-09-05 | Khan Ahmad A. | Officer, President, Semi. | Sell | 4.56K | $4.11M |
Flow & Concentration
| Insider 180d net | $0 |
|---|---|
| Insider buys / sells | 0 / 0 |
| Insider bias | Neutral |
| 13F holders | 8 |
| Top-5 share | 98.5% |
| HHI | 3,808 (concentrated) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| State Street Corp | $18.98B | 62.89M |
| Fidelity / FMR LLC | $12.98B | 43.01M |
| Citadel Advisors | $2.80B | 9.27M |
| Capital Research / Capital World | $1.78B | 5.90M |
| AQR Capital Management | $571.87M | 1.95M |
| Millennium Management | $449.52M | 1.49M |
| Bridgewater Associates | $98.98M | 328.07K |
| T. Rowe Price Group | $5.30M | 17.58M |
As of 2026-06-30
Dividends
| Yield (TTM) | 2.02% |
|---|---|
| $ / share (TTM) | $3.80 |
| 5y CAGR | +16.2% |
Annual dividend per share
| 2021 | $3.90 |
|---|---|
| 2022 | $4.70 |
| 2023 | $5.35 |
| 2024 | $6.05 |
| 2025 | $7.40 |
| 2026 | $1.90 |
Federal Contracts
| Amount | Agency | Description |
|---|---|---|
| $173.71M | National Aeronautics and Space Administration | IGF::OT::IGF GEOSTATIONARY CARBON CYCLE OBSERVATORY (GEOCARB) MISSION NASA HAS |
| $150.65M | Department of Defense | TSA III GBTS CLS - CONTINUED CONTRACT |
| $134.50M | Department of Defense | CONTRACT FOR PRIVATIZATION OF THE WATER AND WASTEWATER DISTRIBUTION UTILITY SYST |
| $111.82M | Department of Defense | PRIVITAZATION OF ELECTRIC UTILITY SERVICES AT TINKER AFB, OK |
| $96.66M | Department of Defense | 199805!2100!0061!BT39 !U.S. ARMY FIELD ARTILLERY CENTER!DABT3997C4022 !A!*!9711 |
| $85.61M | Department of Defense | BASE PERIOD LABOR, APN-5 |
| $84.77M | Department of Defense | IGF::OT::IGF ARMY SHARED SERVICES CENTER (ASSC) SMALL BUSINESS TASK ORDER FOR LO |
| $71.47M | Department of Education | THE PURPOSE OF THIS MODIFICATION IS TO CREATE A NEW TASK ORDER FOR CONTRACT ED-F |
SEC Filings
The Long Run
FY 2011–2025 · 15 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $9.81B | +14.2% | |
| Gross profit | $981.14M | +19.1% | |
| Operating income | $187.98M | +132.5% | |
| Net income | $4.06B | +23.5% | |
| Cash from ops | $4.08B | +12.1% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $187.33 | $189.56 | $186.02 | $187.92 | 7.14M |
| Sep 24 | $185.81 | $187.96 | $182.40 | $187.11 | 7.80M |
| Sep 23 | $186.25 | $188.00 | $181.73 | $187.86 | 8.85M |
| Sep 22 | $180.71 | $188.60 | $179.70 | $188.32 | 9.30M |
| Sep 21 | $179.30 | $185.94 | $178.31 | $183.97 | 9.65M |
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