KLA Corporation Website

KLA Corporation

NasdaqGS-KLAC

Company Overview

KLA Corporation designs, manufactures, and markets process control, process-enabling, and yield management solutions for the semiconductor and related electronics industries worldwide. It operates through four segments: Semiconductor Process Control; Specialty Semiconductor Process; PCB, Display and Component Inspection; and Other. The company offers integrated circuit (IC) manufacturing products that comprises wafer inspection and review, and metrology; wafer and substrate defect inspection and metrology; reticle defect inspection and metrology; chemical/materials quality analysis; in situ process management and wafer handling diagnostics for IC and original equipment manufacturer (OEM) manufacturing; software products to provide run-time process control, defect excursion identification, process corrections, and defect classification; and refurbished and remanufactured products. It also provides specialty semiconductor manufacturing, benchtop metrology, surface characterization, and electrical property measurement services for general purpose/ lab applications; etch, plasma dicing, deposition, and other wafer processing technologies and solutions for the semiconductor and microelectronics industry. In addition, the company offers direct imaging, inspection, optical shaping, additive printing, and computer-aided manufacturing and engineering solutions for the PCB market; inspection and electrical testing systems to identify and classify defects, as well as systems to repair defects for the display market; and inspection and metrology systems for quality control and yield improvement in advanced and traditional semiconductor packaging markets. The company was formerly known as KLA-Tencor Corporation and changed its name to KLA Corporation in July 2019. KLA Corporation was incorporated in 1975 and is headquartered in Milpitas, California.

  • Name

    KLA Corporation

  • CEO

    Richard Wallace

  • Website

    www.kla.com

  • Sector

    Semiconductors and Semiconductor Equipment

  • Year Founded

    1975

Company Statistics

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Bulls Say

  • KLA dominates the process control market within WFE, with a majority market share more than quadrupling that of its next closest competitor, Applied Materials.

  • Rising complexity in chips should drive demand for KLA’s equipment, including progression to chiplet-based designs, gate all-around transistors, and high-bandwidth memory.

  • KLA posts the best profit margins and provides the best dividend yield of any WFE firm under our coverage.

Bears Say

  • KLA has a smaller budget than other giant WFE peers like Applied Materials and ASML, and risks losing market share if those firms were to invest more than it is able to.

  • KLA is prone to semiconductor industry cyclicality, which can lead to soft revenue growth and margin compression in downturns.

  • KLA faces geopolitical risk arising from tensions between the US and China, which may further inhibit its ability to ship to Chinese chipmakers.

Source: Morningstar Analysis - Oct 30, 2025

What's happening

Nov 6, 2025 - Dec 6, 2025

KLA Corporation Faces Minor Decline Amid Positive Developments and Insider Selling

  • KLA Corporation received a significant price target increase from Morgan Stanley, raising it from $1,154 to $1,214.
  • The company reported strong quarterly earnings with a 13% year-over-year revenue increase and optimistic EPS guidance for Q2 2026.
  • Insider selling by CEO Richard Wallace raised concerns among investors despite high institutional ownership of approximately 86.7%.

Over the past month, KLA Corporation (KLAC) experienced a slight decline of 1.1%, underperforming relative to the S&P 500's gain of 1.2%. This performance indicates a lag of 2.3% compared to the broader market despite several bullish developments during this period. Notably, KLAC received an updated price target from Morgan Stanley that was raised significantly from $1,154 to $1,214, reflecting positive sentiment regarding its position within the semiconductor equipment sector.

Throughout November and early December, KLA reported strong quarterly earnings with revenue increasing by 13% year-over-year while providing optimistic guidance for Q2 2026 EPS between $7.920 and $9.480 per share. Additionally, on November 6th, the company announced a quarterly dividend of $1.90 per share; however, this announcement coincided with some bearish sentiment as it went ex-dividend shortly thereafter on November 17th.

The stock faced additional pressure due to insider selling activities by CEO Richard Wallace who sold over ten thousand shares valued at approximately $13 million around mid-November. Such transactions often raise concerns about executive confidence in future performance and can negatively impact market sentiment toward KLAC’s stock price.

Despite these challenges, institutional ownership remained high at approximately 86.7%, indicating ongoing confidence in KLA's long-term prospects among major investors and analysts alike expressed favorable views towards the company throughout this timeframe compared to peers like CCSC Technology International.

In summary analysis of performance metrics shows that while KLAC's overall movement reflected a minor decline amid significant bullish news such as revised price targets and solid earnings reports—alongside notable insider sales—the company's performance still outpaced that of its sector competitors within Information Technology (XLK), where it outperformed by an impressive margin of nearly fifty percent.

NasdaqGS:KLAC