Stifel KLA · KLAC

Stifel Raises KLA Price Target to $1,600

Analyst: Brian Chin 1 min read Reproduced verbatim
Rating
Buy
Target
$1,600
from $1,260 (+27%)
Outcome
Reached
on January 27, 2026
Stifel and KLA logos

What the analyst said

Stifel analyst Brian Chin raised the price target on KLA Corporation (NASDAQ: KLAC) to $1,600.00 (from $1,260.00) while maintaining a Buy rating.

“We have a Buy rating on KLA, a leading supplier of inspection and metrology (aka process control) equipment used to help monitor/improve/ optimize the production ramp/output of semiconductor device manufacturing.

History suggests that KLA is resistant to downturns, the underlying rationale being that leading semi manufacturers tend to preserve strategic investment in R&D/technology roadmaps, with process control/inspection budgets typically oriented more toward the earlier stages of leading-edge node transitions.

We believe the heightened competitive environment in advanced foundry-logic, broadening adoption of EUV (incl. in DRAM), and fast-approaching technology inflections in both transistor and interconnect design argue for sticky-higher levels of process control intensity.

Ultimately, we are more willing to pay a premium for higher visibility, margin structures, and resiliency.”

Disclaimer
The price target and rating on this page are the opinion of the issuing research firm and its analyst, not of Price Target. This page is published for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any security. Past performance does not guarantee future results. Consider your own circumstances and consult a licensed financial adviser before making investment decisions.

This research note is reproduced verbatim from the issuing firm. Price Target never edits, paraphrases or alters analysts’ words — we only republish them in one place.

Where the price stands

KLAC trades at $138. The 11 analysts who set a target in the last 3 months range from $180 to $275, with a median of $220. This $1,600 target is 627% above the median, the highest on the Street.

Since the note KLAC has moved −4% (from $144). 12-month window: day 298 of 365, closes on January 14, 2027.

Track record

This call✓ Target reached on January 27, 2026, 13 days after the note. Prices are split-adjusted.

Firm track recordStifel: 83% of its 42 targets at least a year old were reached within 12 months (#6 of 26 firms). Accuracy ranking →

Stifel on KLA

Stifel price targets on KLA

6 calls from January 14, 2026 to October 29, 2026. The target went from $1,600 to $2,300 (+44%). The rating stayed Buy.

Stifel targetKLAC share price
  1. October 29, 2026Target cut from $2,500 (−8%)Buy$2,300
  2. July 29, 2026Target cut from $2,700 (−7%)Buy$2,500
  3. July 10, 2026Target raised from $1,910 (+41%)Buy$2,700
  4. April 30, 2026Target raised from $1,700 (+12%)Buy$1,910
  5. January 30, 2026Target raised from $1,600 (+6%)Buy$1,700
  6. January 14, 2026 This noteEarliest call shownBuy$1,600

Targets are adjusted for the 10-for-1 split on Jun 12, 2026, so every call is in the same share terms as this note.

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Other analysts on KLA

BernsteinBuy Cut price target −10%, kept rating Oct 29 $225from $250 CantorBuy Cut price target −31%, kept rating Oct 29 $225from $325 Morgan StanleyBuy Cut price target −3%, kept rating Oct 29 $220from $227 UBSHold Cut price target −5%, kept rating Oct 29 $180from $190 SusquehannaHold Cut price target −12%, kept rating Oct 29 $190from $215
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Price Target is an archive of Wall Street analyst research, published for informational purposes only. Nothing on this site is investment advice, a recommendation, or an offer to buy or sell any security. Analyst ratings and price targets are the opinions of the issuing firms, not of Price Target. Always do your own research or consult a licensed financial adviser.