Professional
Added to YB: 2024-11-05
Pitch date: 2024-10-31
KLAC [bullish]
KLA Corporation
+123.33%
current return
Author Info
No bio for this author
Company Info
KLA Corporation, together with its subsidiaries, designs, manufactures, and markets process control, process-enabling, and yield management solutions for the semiconductor and related electronics industries worldwide.
Market Cap
$194.0B
Pitch Price
$658.17
Price Target
850.00 (-42%)
Dividend
0.51%
EV/EBITDA
33.63
P/E
43.07
EV/Sales
15.30
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Oppenheimer Upgrades KLA Corporation to Outperform with $850 Target
KLAC: Oppenheimer upgrades to Outperform, PT $850 (25x FY26E P/E). Strong 1Q25 results, FY25-26 estimates +2%. Down 20% from ATH, now below market multiple. AI theme, oligopoly position, and management support double-digit growth, 40% GAAP op margin, 30% FCF conversion. China risk remains.
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