KLAC · Analysis updated Oct 29, 2026, 10:45 AM ET
Why is KLA Corporation (KLAC) stock moving?
Chip-equipment stocks have been beaten up for weeks. KLA just beat expectations and gave a much stronger outlook than expected, and it is bouncing while the rest of tech falls.
News behind the analysis
- KLA Corporation's (NASDAQ:KLAC) Q3 sales top estimatesRevenue $4.14B (+28.9%) vs $4.04B; adj. EPS $1.22 vs $1.18; Q4 revenue guide $4.7B, 4.8% above consensus.
- KLAC Stock Forecast 2026-2027Results above guidance midpoint; FCF $1.34B; median analyst target $229 (20 Buy / 10 Hold).
- KLA Corporation (KLAC) Stock Price & OverviewJPMorgan raised its target to $238 from $200 after a 'strong' quarter.
- KLA Corp Stock (KLAC) Moved Up by 3.51% on Oct 28Risks: China 26-30% of revenue, target cuts by MS/Stifel/BofA, insider selling.
- Earnings to watch: KLA Corporation (KLAC) reports Q3 results tomorrowPeer context: Lam Research fell 11.8% after its report.
In the Daily Standout
- October 29, 2026: on the shortlist +7.59%