KLA stock price target raised to $1,050 from $922 at Stifel

Investing.com - Stifel raised its price target on KLA Corporation (NASDAQ:KLAC) to $1,050.00 from $922.00 on Monday, maintaining a Buy rating on the semiconductor equipment manufacturer. The company, which boasts a perfect Piotroski Score of 9 according to InvestingPro, has demonstrated robust financial performance with a 23.89% revenue growth over the last twelve months.

The price target increase represents a 13.9% upside from KLA’s previous target, reflecting Stifel’s confidence in the company’s position as a leading supplier of inspection and metrology equipment for semiconductor manufacturing.

Stifel highlighted KLA’s historical resilience during industry downturns, noting that semiconductor manufacturers typically preserve strategic investments in research and development, with process control budgets often prioritized during leading-edge node transitions.

The firm pointed to several industry factors supporting KLA’s outlook, including increased competition in advanced foundry-logic, broader adoption of extreme ultraviolet (EUV) lithography including in DRAM production, and upcoming technology transitions in both transistor and interconnect design.

These market conditions, according to Stifel, suggest "sticky-higher levels of process control intensity," which justifies paying a premium for KLA’s higher visibility, margin structures, and business resilience.

In other recent news, KLA Corporation reported its fourth-quarter earnings for 2025, surpassing analysts’ expectations. The company achieved a non-GAAP diluted EPS of $9.38, exceeding the projected $8.54. Revenue also outperformed forecasts, reaching $3.18 billion compared to the anticipated $3.08 billion. Additionally, KLA Corporation announced a quarterly cash dividend of $1.90 per share, payable on September 3, 2025, to shareholders of record as of August 18, 2025. These developments highlight the company’s strong financial performance in the recent period. Despite these positive earnings results, KLA’s stock experienced a decline in both regular and aftermarket trading. The company’s recent earnings call provided insights into its financial health and future prospects. Investors may find these updates crucial for making informed decisions.

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