Morgan Stanley KLA · KLAC

Morgan Stanley Raises KLA Price Target to $1,900

Apr 30, 2026 Analyst: Shane Brett 1 min read Reproduced verbatim
Rating
Buy
Price target
$1,900
from $1,809
Implied upside
+946%
vs $181.62 prior close
Morgan Stanley and KLA logos

Morgan Stanley analyst Shane Brett raised the price target on KLA Corporation (NASDAQ: KLAC) to $1,900.00 (from $1,809.00) while maintaining an Overweight rating.

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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.

Tracking this call

Since this note+8% KLAC $181.62 → $196.83 (Oct 8) · 1% of the way to the target

This callScored on Oct 30, 2026, six months after the note: did KLAC reach $1,900?

Firm track recordMorgan Stanley reached 67% of its 55 scored targets within six months (#16 of 31 firms); on KLA, 3 of 3. Accuracy ranking →

Earnings reactionOne of 12 notes after KLA’s Apr 29 results: 11 of 12 raised targets. See every call →
Morgan Stanley on KLA · target history
Jan 15, 2026 · $1,694 · Buy Jan 30, 2026 · $1,751 · Buy Feb 25, 2026 · $1,809 · Buy Apr 30, 2026 · $1,900 · Buy · this note Jun 12, 2026 · $1,900 · Buy Jul 6, 2026 · $2,740 · Buy Jul 29, 2026 · $2,530 · Buy Oct 6, 2026 · $2,270 · Buy

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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More from Morgan Stanley on KLA

Oct 6, 2026 Buy Cut price target −10%, kept rating $227from $253 Jul 29, 2026 Buy Cut price target −8%, kept rating $253from $274 Jul 6, 2026 Buy Raised price target +44%, kept rating $274from $190 Jun 12, 2026 Buy Cut price target −90%, kept rating $190from $1,900

Other KLA notes

UBSHold Cut price target −7%, kept rating · Sep 1 $200from $215 BernsteinBuy Raised price target +11%, kept rating · Aug 10 $250from $225 StifelBuy Cut price target −7%, kept rating · Jul 29 $250from $270 CantorBuy Kept rating and price target · Jul 29 $325maintained UBSHold Cut price target −10%, kept rating · Jul 29 $215from $240
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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.