KLA Corp.

KLA Corp.

KLAC

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Market Cap$238.81B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
KLA Corp.KLA Corp.49.60.44%76%18.31.2

Earnings Call Q4 2026

July 28, 2026 - AI Summary

Strong June-quarter execution (beats guidance) - Revenue $3.66B (record), above guidance midpoint (~$3.575B), up +7% sequentially and +15% YoY. - Non-GAAP EPS $1.05 / GAAP EPS $1.04, both at upper end of guidance. - Gross margin 62.4% (upper end), Operating margin 43.7%, incremental operating margin 59%. - Cash generation: Free cash flow (FCF) $817M; cash returned $876M in-quarter ($571M buybacks + $305M dividends).
Demand outlook improving; growth accelerating in 2H’26 and into 2027 - Company expects momentum to accelerate through 2H calendar 2026 with “significant growth” in 2027. - Drivers cited: AI infrastructure capex, leading-edge logic/foundry strength, HBM adoption, increasing process control intensity, and advanced packaging complexity. - They’re also adding capacity for long-lead supply chain areas, implying operational readiness is improving after earlier constraints.
Major forecast change: wafer equipment market raised + packaging growth step-up - KLA raised its wafer equipment outlook (including advanced packaging) to ~low $150B range for 2026, up from ~$140B+ prior. - That implies roughly mid-20% growth vs. ~2005? (they stated ~$120B in 2025 as the base). - Advanced packaging process control systems revenue target raised to ~$1.1B in calendar 2026, up 70%+ YoY (vs prior high-50% growth). Also positioned as almost 2x faster than the advanced packaging market.

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$224.88

Target Price by Analysts

23% upsideKLA Target Price DetailsTarget Price
$59.66

Current Fair Value

67.4% downside

Overvalued by 67.4% based on the discounted cash flow analysis.

Share Statistics

Market cap$238.81 Billion
Enterprise Value$244.59 Billion
Dividend Yield$0.80 (0.44%)
Earnings per Share$3.68
Beta1.41
Outstanding Shares1,311,516,000

Return

Return on Equity76.08%ROE
Return on Assets26.91%
Return on Invested Capital39.28%

Valuation & Multiples

P/E Ratio49.63P/E Ratio
PEG372.59PEG
Price to Sales18.28Price to Sales
Price to Book Ratio45.71Price to Book Ratio
Enterprise Value to Revenue18.01
Enterprise Value to EBIT45.62
Enterprise Value to Net Income50
Total Debt to Enterprise0.03
Debt to Equity1.17Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
July 30, 2026
EPS Estimate
$1.00
Average shareholder expectation
Revenue Estimate
$3.60 B
Average shareholder expectation

Next Earnings Call

Expected Date
October 28, 2026
EPS Estimate
$1.17
Average shareholder expectation
Revenue Estimate
$4.04 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio3.4963 172.74%
Total Calls13,500 98.45%
Total Puts47,200 96.93%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %6.23% 82.08%
Total Invested$24.52B 44.04%
Investors Holding1,139 1010.00%

ESG Score

No data

About KLA Corp.

10,000 employees
CEO: Richard Wallace

KLA develops industry-leading equipment and services that enable innovation throughout the electronics industry. We provide advanced process control and process-enabling solutions for manufacturing wafers and reticles, integrated circuit...

Relevant Senate Committees

Joint Committee on Taxation

This committee provides the official revenue estimates and technical analysis for all tax legislation, directly shaping the tax policies that affect KLA's financial structure and investment incentives.

Finance

This committee's control over taxation (corporate rates, R&D credits) and trade policy (tariffs, export controls) directly impacts KLA's profitability, investment decisions, and global market access.

Appropriations

This committee directly allocates federal spending, including funding for scientific research, R&D initiatives (like the CHIPS Act), and defense programs that are key drivers for the semiconductor and electronics industries KLA serves.

Judiciary

Intellectual property protection, overseen by this committee, is critical for a high-tech company like KLA. Antitrust enforcement also impacts their major customers in the electronics sector.

Commerce, Science, and Transportation

This committee has vast jurisdiction over interstate commerce, technology R&D, and regulatory bodies impacting 'Big Tech' and telecommunications, all of which are crucial for the electronics industry and KLA's customers.

Foreign Relations

KLA operates globally, and this committee's decisions on foreign policy, sanctions, and trade relations directly impact global sales, supply chains, and export controls crucial for the semiconductor equipment industry.