KLA Climbs as Chip-Equipment Sentiment Improves Ahead of Earnings

KLA Corporation (KLAC) is up 4.6% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver is a rebound in semiconductor equipment stocks as investors warm again to stronger wafer fab equipment spending, especially in memory and AI-related capacity. KLA also entered this session with a supportive company backdrop after posting better-than-guided March-quarter results, giving upbeat June-quarter targets, and signaling continued aggressive capital returns.

Details:

KLA said in its fiscal third-quarter release that revenue reached $3.415 billion and diluted EPS was $9.12, both above the midpoint of its guidance range.

Management guided fiscal fourth-quarter revenue to about $3.575 billion, plus or minus $200 million, reinforcing the view that demand remains healthy into the June quarter.

The company’s March investor day included a new $7 billion repurchase authorization and a 21% dividend increase, adding to the longer-term bullish setup around cash generation and shareholder returns.

A recent analyst target increase for KLA was tied to a stronger outlook for global wafer fab equipment spending, which likely helped revive buying interest across the chip-equipment group after last week’s sector selloff.

Sources:

KLA Corporation, SEC, Investing.com

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$KLAC Insider Trading Activity

$KLAC insiders have traded $KLAC stock on the open market 3 times in the past 6 months. Of those trades, 0 have been purchases and 3 have been sales.

Here’s a breakdown of recent trading of $KLAC stock by insiders over the last 6 months:

RICHARD P WALLACE (President and CEO) sold 4,512 shares for an estimated $9,986,725
BREN D. HIGGINS (EVP & Chief Financial Officer) sold 27,701 shares for an estimated $7,359,878
VIRENDRA A KIRLOSKAR (SVP & Chief Accounting Officer) sold 196 shares for an estimated $52,075

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$KLAC Hedge Fund Activity

We have seen 850 institutional investors add shares of $KLAC stock to their portfolio, and 873 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

CAPITAL INTERNATIONAL INVESTORS removed 2,722,695 shares (-50.0%) from their portfolio in Q1 2026, for an estimated $4,008,923,344
FMR LLC added 1,857,271 shares (+73.0%) to their portfolio in Q1 2026, for an estimated $2,734,664,393
CORIENT PRIVATE WEALTH LLC removed 1,294,875 shares (-96.9%) from their portfolio in Q1 2026, for an estimated $1,906,586,898
PINESTONE ASSET MANAGEMENT INC. added 1,099,300 shares (+102.7%) to their portfolio in Q2 2026, for an estimated $331,669,803
PRICE T ROWE ASSOCIATES INC /MD/ removed 1,024,401 shares (-37.9%) from their portfolio in Q1 2026, for an estimated $1,508,338,276
WELLINGTON MANAGEMENT GROUP LLP added 1,002,441 shares (+228.9%) to their portfolio in Q1 2026, for an estimated $1,476,004,152
DAKOTA WEALTH MANAGEMENT removed 804,727 shares (-92.8%) from their portfolio in Q1 2026, for an estimated $1,140,772,947

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$KLAC Government Contracts

We have seen $411,833 of award payments to $KLAC over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.

$KLAC Congressional Stock Trading

Members of Congress have traded $KLAC stock 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $KLAC stock by members of Congress over the last 6 months:

REPRESENTATIVE LIZZIE FLETCHER sold up to $15,000 on 04/08.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$KLAC Analyst Ratings

Wall Street analysts have issued reports on $KLAC in the last several months. We have seen 6 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Wells Fargo issued a "Overweight" rating on 04/30/2026
Barclays issued a "Overweight" rating on 01/30/2026
Cantor Fitzgerald issued a "Overweight" rating on 01/30/2026
Stifel issued a "Buy" rating on 01/30/2026
Jefferies issued a "Buy" rating on 01/30/2026
Needham issued a "Buy" rating on 01/20/2026

To track analyst ratings and price targets for $KLAC, check out Quiver Quantitative's $KLAC forecast page.

$KLAC Price Targets

Multiple analysts have issued price targets for $KLAC recently. We have seen 17 analysts offer price targets for $KLAC in the last 6 months, with a median target of $1700.0.

Here are some recent targets:

Krish Sankar from TD Cowen set a target price of $260.0 on 07/09/2026
Shane Brett from Morgan Stanley set a target price of $274.0 on 07/06/2026
C.J. Muse from Cantor Fitzgerald set a target price of $325.0 on 06/29/2026
Vivek Arya from B of A Securities set a target price of $317.0 on 06/23/2026
Joseph Quatrochi from Wells Fargo set a target price of $305.0 on 06/22/2026
Tom O'Malley from Barclays set a target price of $2250.0 on 06/11/2026
Timothy Arcuri from UBS set a target price of $2180.0 on 06/09/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.