Key facts, as of
As of October 8, 2026, KLA Corporation (KLAC) trades at $196.83, up 81.5% over the past year. Its 52-week range runs from $98.10 to $307.37; the price is 36.0% below that high. It is 36.0% below its all-time high of $307.37, reached in June 2026. Over the 10 years to the end of September 2026, with dividends reinvested, it returned +3175.6%, against +312.9% for the S&P 500 (SPY). It sits 10.0% above its 200-day average of $179.01, the usual sign of a long-term uptrend. Its 30-day volatility is 44.4% annualized, which we rate high risk. It has a trailing P/E of 53.8 and a dividend yield of 0.47%.
Cite: Portfolio Terminal, "KLA Corporation (KLAC) stock analysis", 2026-10-08. https://portfolio-terminal.com/analyse/klac
Where it trades today
trading 47% of the way up its 52-week range
How the price has moved
How far it is from its record
KLA Corporation (KLAC) is 36.0% below its all-time high of $307.37, reached in June 2026. Over the 10 years to the end of September 2026, with dividends reinvested, it returned +3175.6%, against +312.9% for the S&P 500 (SPY).
What to weigh before acting
What Matters Now
- Execution usually depends on product cycles, cloud demand, and how efficiently new AI or software capex converts into durable revenue.
- KLAC trades at 53.8x earnings, well above the technology average of 28.5x, so the market is already pricing in above-consensus execution.
- Recent realized volatility is running around 44.4%, above the sector norm of 28.0%, so position sizing matters more than usual.
- Relative performance versus AAPL, MSFT, NVDA matters here because leadership inside technology rarely stays static for long.
Portfolio Use Case
- KLAC is more useful for investors comparing conviction names inside technology than for someone looking for a passive “set and forget” holding.
- This name works better as a satellite or higher-conviction growth position because it can amplify market swings in both directions.
- It is best monitored alongside valuation discipline, because strong narratives in technology can stay expensive longer than expected.
What Would Change the View
- A reset in earnings expectations or a faster peer catch-up could compress the premium valuation currently embedded in KLAC.
- Volatility is already above the sector norm, so even a correct long-term thesis can be painful if the position size is too aggressive.
- The view would need revisiting if peers such as AAPL, MSFT, NVDA start winning the marginal flow or posting cleaner operating momentum.
Methodology
- Price, market cap, beta, yield, and liquidity fields for KLAC come from Yahoo Finance quote and summary data.
- 30-day volatility is calculated from recent daily returns and annualized using a 252-trading-day convention.
- Sector context uses stored benchmark averages for Technology so each page compares the ticker against a stable peer baseline rather than against the whole market.
- Peer comparisons use the Portfolio Terminal coverage set and highlight nearby listed alternatives such as AAPL, MSFT, NVDA.
Sources
- Yahoo Finance quote dataopen →
Live quote, valuation, beta, yield, and volume fields used for KLAC. Last refresh: Oct 8, 2026, 10:10 AM.
- Portfolio Terminal methodologyopen →
Explains how analytics, refresh cadence, and portfolio interpretation work across the product.
- Peer set and coverage context
Comparative context for this page is anchored around nearby tracked names such as AAPL, MSFT, NVDA.
What KLA Corporation does
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…
Employees
17,000
Industry
Semiconductor Equipment & Materials
Headquarters
Milpitas, United States
What analysts expect
KLAC carries a buy consensus from 26 analysts, with an average price target of $232.77 versus $196.83 today (+18.3%). Targets are estimates and can move quickly after earnings.
Consensus aggregated by Yahoo Finance. Targets are estimates, not forecasts.
How the business is doing
KLAC generated $13.58B in trailing revenue (15.2% year over year), with a 35.6% net margin, and $2.62B of free cash flow, against $1.25B of net debt.
The numbers, year by year
| Fiscal year | Revenue | Gross profit | Operating income | Net income | EPS | Free cash flow |
|---|---|---|---|---|---|---|
| 2026 | $13.58B | $8.32B | $5.66B | $4.83B | $3.68 | $3.77B |
| 2025 | $12.16B | $7.40B | $5.01B | $4.06B | $3.05 | $3.75B |
| 2024 | $9.81B | $5.88B | $3.64B | $2.76B | $2.04 | $3.03B |
| 2023 | $10.50B | $6.28B | $3.99B | $3.39B | $2.43 | $3.33B |
When it reports next
Estimates aggregated by Yahoo Finance. Dates move and estimates change until the report lands.
Which ETFs hold it
KLAC is in 12 of the 30 ETFs we track. It weighs most in SMH: 4.41% of the fund, holding #10 of 25.
Famous investors who hold it
KLAC is in the latest 13F of 1 of the 15 famous investors we follow. Ray Dalio (Bridgewater Associates) holds the most of it: 0.41% of the portfolio, position #39 of 992, as of Q2 2026.
How it sits in technology
High-growth sector driven by innovation, cloud computing, AI, and digital transformation.
The companies it competes with
KLAC beside the technology names it is usually measured against.
What the chart is saying
In an uptrend, pressing toward $212.83 resistance.
uptrend- Price is 5.2% above its 50-day average and 10.0% above its 200-day.
- RSI at 56 is neither stretched nor washed out.
- The nearest ceiling is $212.83 (+8.1%), the nearest floor $191.97 (-2.5%).
A description of the chart, not advice. Indicators describe what the price has done; none of them knows what it does next.
Questions people ask about it
Is KLAC a good investment in 2026?
KLA Corporation trades at a P/E ratio of 53.8, with high volatility (44.4% annualized). The stock is in a consolidation phase.
What is the risk level of KLAC?
Based on 30-day volatility of 44.4%, KLAC has HIGH risk. Beta of 1.45 indicates higher sensitivity to market movements than average.
Does KLAC pay dividends?
Yes, KLA Corporation has a dividend yield of 0.47%.
How far is KLAC from its all-time high?
KLA Corporation is 36.0% below its all-time high of $307.37, reached in June 2026. Over the 10 years to the end of September 2026, with dividends reinvested, it returned +3175.6%, against +312.9% for the S&P 500 (SPY).
Which ETFs hold KLAC?
12 of the 30 popular ETFs we track hold KLA Corporation. The largest weights: SMH (4.41%), SOXX (3.82%), XLK (1.39%), QQQM (1.09%) and QQQ (1.02%). Measured on each issuer's full holdings file, dated August 31 to October 1, 2026.
How much of VOO is KLAC?
0.35%, as of August 31, 2026: KLAC is holding #50 of 505 in Vanguard's file for VOO. $1,000 in VOO puts about $3.46 in KLA Corporation.
Which famous investors own KLAC?
Ray Dalio (0.41% of Bridgewater Associates's 13F), according to their latest Form 13F filings with the SEC (Q2 2026). A 13F lists US long positions 45 days after the quarter ends, so it can be out of date.
What is the analyst price target for KLAC?
The average analyst price target for KLA Corporation (KLAC) is $232.77 based on 26 analyst estimates, about 18.3% above the current price of $196.83. The published range runs from $175.00 to $325.00.
How much revenue does KLAC generate?
KLA Corporation reported $13.58B in trailing twelve-month revenue. Revenue growth is running at 15.2% year over year. Net margin sits at 35.6%. Figures are aggregated from company filings by Yahoo Finance and refresh on an hourly cadence.
Compare KLAC with anything
Five years side by side: what $10,000 became, how far each fell, whether they move together.