What the analyst said
Stifel analyst Brian Chin raised the price target on KLA Corporation (NASDAQ: KLAC) to $1,910.00 (from $1,700.00) while maintaining a Buy rating.
“KLA reported solid F3Q(Mar) results that modestly exceeded ours/consensus estimates.
Revenue is expected to skew heavily foundry-logic in F4Q(Jun), before swinging back toward memory/DRAM in calendar 2H.
Business conditions broadly continue to strengthen, and KLA now expects industry WFE to exceed $140B (vrs. prior $135-140B forecast).
Against this backdrop, KLA continues to expect a stronger calendar 2H (+15% or more over 1H).
Lead-times for high-end optical inspection have extended toward ~12- mths, and KLA’s visibility into CY27 is improving. As such, KLA expects industry WFE growth in CY27 to accelerate from CY26 levels.
Note however that KLA’s industry WFE growth rate in CY26 is in the high-teens (not mid-high 20s like LRCX), as these companies differ on what WFE was in CY25.
Our estimates, which we raised last month, are revised slightly higher. We maintain our Buy-rating and up our PT to $1,910.”
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 $151. The 11 analysts who set a target in the last 3 months range from $180 to $275, with a median of $220. This $1,910 target is 768% above the median, the highest on the Street.
Since the note KLAC has moved −17% (from $182). 12-month window: day 193 of 365, closes on April 30, 2027.
Track record
This call✓ Target reached on May 26, 2026, 26 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.
- October 29, 2026Target cut from $2,500 (−8%)Buy$2,300
- July 29, 2026Target cut from $2,700 (−7%)Buy$2,500
- July 10, 2026Target raised from $1,910 (+41%)Buy$2,700
- April 30, 2026 This noteTarget raised from $1,700 (+12%)Buy$1,910
- January 30, 2026Target raised from $1,600 (+6%)Buy$1,700
- January 14, 2026Earliest 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.
Other analysts on KLA
BernsteinBuy
Cut price target −10%, kept ratingCut target · Oct 29
$225from $250−10%
CantorBuy
Cut price target −31%, kept ratingCut target · Oct 29
$225from $325−31%
Morgan StanleyBuy
Cut price target −3%, kept ratingCut target · Oct 29
$220from $227−3%
UBSHold
Cut price target −5%, kept ratingCut target · Oct 29
$180from $190−5%
SusquehannaHold
Cut price target −12%, kept ratingCut target · Oct 29
$190from $215−12%