Where it trades today
trading 38% of the way up its 52-week range
How the price has moved
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 48.2x 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 46.5%, above the sector norm of 28.0%, so position sizing matters more than usual.
- KLAC remains in a bearish short-term trend and sits 42.4% below its high, which raises the bar for any thesis that depends on fast multiple expansion.
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.
- A recovery in price alone would not be enough to improve the view; the thesis needs confirmation from improving business or valuation signals.
- Volatility is already above the sector norm, so even a correct long-term thesis can be painful if the position size is too aggressive.
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: Sep 18, 2026, 10:56 PM.
- 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 $233.77 versus $176.99 today (+32.1%). 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.
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
KLA Corporation trades at $176.99, 42.4% below its 52-week high. With a beta of 1.44, it shows more sensitivity to what the wider market does.
Questions people ask about it
Is KLAC a good buy right now?
KLA Corporation trades at 48.2x earnings. This is above market average, reflecting growth expectations. Current risk level is High based on 46.5% volatility.
Does KLAC pay dividends?
Yes, KLA Corporation offers a dividend yield of 0.54%. That is roughly $0.96 per share a year.
How volatile is KLAC?
With 30-day annualized volatility of 46.5% and beta of 1.44, KLAC is classified as High risk. Expect larger swings than the broader market during volatile periods.
What is the analyst price target for KLAC?
The average analyst price target for KLA Corporation (KLAC) is $233.77 based on 26 analyst estimates, about 32.1% above the current price of $176.99. 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.