KLA Stock (NASDAQ:KLAC), Trade Ideas

KLA is one of the largest semiconductor wafer fabrication equipment, or WFE, manufacturers in the world. It specializes in the market segment of semiconductor process control, wherein machines inspect semiconductor wafers during research and development and manufacturing for defects and verify precise measurements. In this section of the market, KLA holds a majority share. It also has a small exposure to the etch and deposition segments of the WFE market. It counts as top customers the largest chipmakers in the world, including TSMC and Samsung.

Semiconductor.Shutterstock

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KLA Corp

<p>JPMorgan analyst Harlan Sur shares an optimistic outlook for the semiconductor industry in anticipation of the <a href="https://www.benzinga.com/calendars/earnings">Q1 earnings season</a>. </p>
<p>The sector, including semiconductors, semiconductor capital equipment (semicap), and chip design software (EDA/IP), has continued to outperform broader indices YTD. The <strong>iShares Semiconductor ETF</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOXX#NASDAQ">SOXX</a>) is up 12.12%, as compared to the benchmark <strong>S&amp;P 500 Index</strong> which is up 7.41% YTD.</p>
<p>The outperformance has been fueled by expectations of cyclical bottoming and positive earnings revisions.</p>
<h2 class="wp-block-heading"><strong>Key Trends Driving Semiconductor Growth</strong></h2>
<p>&#8220;From an industry perspective, we expect semi industry revenue to improve 6-8% Y/Y in 2024 &#8230;following an 8-10% decline in CY23,&#8221; said Sur. Key trends that he sees driving this performance include:</p>
<ul>
<li><strong>Accelerated Compute and AI Demand:</strong> Sur highlights the ongoing trend of accelerated compute and AI demand. Industry bookings and an improving supply-demand balance support stand as catalysts here and are expected to persist into 2024/2025.</li>
<li><strong>Auto and Industrial Recovery:</strong> Sur also pointed to signs of recovery in the auto and industrial segments, with this quarter likely marking the bottom of the cycle. He anticipates positive order trends and a more synchronized recovery across different end markets.</li>
<li><strong>Memory Industry Upswing:</strong> Sur notes the memory industry&#8217;s positive momentum, driven by strong pricing and demand trends. Memory content gains from AI and accelerated compute deployments, along with supply disruptions, are expected to drive higher pricing.</li>
</ul>
<p><em>Also Read: <a href="https://www.benzinga.com/news/24/04/38266586/taiwan-semis-ai-boom-and-us-expansion-set-to-drive-q1-earnings-growth">Taiwan Semi&#8217;s AI Boom and US Expansion Set to Drive Q1 Earnings Growth</a></em></p>
<h2 class="wp-block-heading"><strong>Top Picks</strong> From The Semiconductor Space Ahead Of Q1 Earnings</h2>
<ul>
<li><strong>Semiconductors:</strong> Sur highlights <strong>Broadcom Inc </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), <strong>Marvell Technology Inc </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>), <strong>Micron Technology Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), <strong>Analog Devices, Inc. </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADI#NASDAQ">ADI</a>) and <strong>Microchip Technology Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCHP#NASDAQ">MCHP</a>) as top picks in the semiconductor space.</li>
<li><strong>Semiconductor Capital Equipment (Semicap):</strong> <strong>KLA Corp</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KLAC#NASDAQ">KLAC</a>) stands out as the top pick in semicap space. Sur sees near-term fundamentals beginning to improve for KLA and set to grow in the second half of the year.</li>
<li><strong>Chip Design Software (EDA/IP):</strong>  Sur recognized <strong>Synopsys Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNPS#NASDAQ">SNPS</a>) as a top pick in chip design software. The company should be driven by strengthening demand and strong growth prospects due to increasing chip design complexity and AI infrastructure build-out.</li>
</ul>
<p>With accelerating demand trends, recovering auto and industrial segments, and a resurgence in the memory industry, the semiconductor sector presents compelling investment opportunities for those looking to capitalize on the ongoing tech-driven transformation.</p>
<p><em>Read Next: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38140898/ahead-of-chip-earnings-analyst-turns-more-bullish-on-nvidia-and-these-semiconductor">Ahead Of Chip Earnings, Analyst Turns More Bullish On Nvidia And These Semiconductor Stocks On Robust AI Demand</a></em></p>
<p><em>Photo: Shutterstock</em></p>


<p>Stifel  analyst Brian Chin   maintains KLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KLAC#NASDAQ">KLAC</a>) with a Buy and raises the price target from $685 to $760.</p>


Price Target

Stifel Maintains Buy on KLA, Raises Price Target to $760

<p>Ratings for KLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KLAC#NASDAQ">KLAC</a>) were provided by 23 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.</p>
<p>Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">6</td>
<td style="text-align: right;">11</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>In the assessment of 12-month price targets, analysts unveil insights for KLA, presenting an average target of $685.22, a high estimate of $850.00, and a low estimate of $550.00. Witnessing a positive shift, the current average has risen by 8.15% from the previous average price target of $633.57.</p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1713268886_0.png" alt="price target chart" /></p>
<h2>Investigating Analyst Ratings: An Elaborate Study</h2>
<p>An in-depth analysis of recent analyst actions unveils how financial experts perceive KLA. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Mark Lipacis</td>
<td>Evercore ISI Group</td>
<td>Announces</td>
<td>Outperform</td>
<td>$800.00</td>
<td>-</td>
</tr>
<tr>
<td>C J Muse</td>
<td>Cantor Fitzgerald</td>
<td>Raises</td>
<td>Neutral</td>
<td>$800.00</td>
<td>$625.00</td>
</tr>
<tr>
<td>Joseph Quatrochi</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$805.00</td>
<td>$760.00</td>
</tr>
<tr>
<td>Mehdi Hosseini</td>
<td>Susquehanna</td>
<td>Maintains</td>
<td>Neutral</td>
<td>$675.00</td>
<td>$675.00</td>
</tr>
<tr>
<td>Brian Chin</td>
<td>Stifel</td>
<td>Maintains</td>
<td>Buy</td>
<td>$685.00</td>
<td>-</td>
</tr>
<tr>
<td>Joseph Quatrochi</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$760.00</td>
<td>$750.00</td>
</tr>
<tr>
<td>Vivek Arya</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$850.00</td>
<td>$740.00</td>
</tr>
<tr>
<td>C J Muse</td>
<td>Cantor Fitzgerald</td>
<td>Maintains</td>
<td>Neutral</td>
<td>$625.00</td>
<td>-</td>
</tr>
<tr>
<td>Timothy Arcuri</td>
<td>UBS</td>
<td>Raises</td>
<td>Neutral</td>
<td>$760.00</td>
<td>$605.00</td>
</tr>
<tr>
<td>C J Muse</td>
<td>Cantor Fitzgerald</td>
<td>Maintains</td>
<td>Neutral</td>
<td>$625.00</td>
<td>-</td>
</tr>
<tr>
<td>C J Muse</td>
<td>Cantor Fitzgerald</td>
<td>Maintains</td>
<td>Neutral</td>
<td>$625.00</td>
<td>-</td>
</tr>
<tr>
<td>C J Muse</td>
<td>Cantor Fitzgerald</td>
<td>Maintains</td>
<td>Neutral</td>
<td>$625.00</td>
<td>-</td>
</tr>
<tr>
<td>C J Muse</td>
<td>Cantor Fitzgerald</td>
<td>Maintains</td>
<td>Neutral</td>
<td>$625.00</td>
<td>-</td>
</tr>
<tr>
<td>Toshiya Hari</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Buy</td>
<td>$640.00</td>
<td>$560.00</td>
</tr>
<tr>
<td>Mehdi Hosseini</td>
<td>Susquehanna</td>
<td>Raises</td>
<td>Neutral</td>
<td>$675.00</td>
<td>$640.00</td>
</tr>
<tr>
<td>Tom O'Malley</td>
<td>Barclays</td>
<td>Raises</td>
<td>Underweight</td>
<td>$550.00</td>
<td>$500.00</td>
</tr>
<tr>
<td>C J Muse</td>
<td>Cantor Fitzgerald</td>
<td>Maintains</td>
<td>Neutral</td>
<td>$625.00</td>
<td>-</td>
</tr>
<tr>
<td>Harlan Sur</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$725.00</td>
<td>$565.00</td>
</tr>
<tr>
<td>Toshiya Hari</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Buy</td>
<td>$640.00</td>
<td>$560.00</td>
</tr>
<tr>
<td>Joseph Quatrochi</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$705.00</td>
<td>$670.00</td>
</tr>
<tr>
<td>Tammy Qiu</td>
<td>Berenberg</td>
<td>Raises</td>
<td>Buy</td>
<td>$690.00</td>
<td>$670.00</td>
</tr>
<tr>
<td>C J Muse</td>
<td>Cantor Fitzgerald</td>
<td>Announces</td>
<td>Neutral</td>
<td>$625.00</td>
<td>-</td>
</tr>
<tr>
<td>Srini Pajjuri</td>
<td>Raymond James</td>
<td>Raises</td>
<td>Outperform</td>
<td>$625.00</td>
<td>$550.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to KLA. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li><strong>Rating:</strong> Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of KLA compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts navigate through adjustments in price targets, providing estimates for KLA's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
<p>Capture valuable insights into KLA's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/KLAC/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on KLA analyst ratings.</strong></a></p>
<h2>All You Need to Know About KLA</h2>
<p>KLA is one of the largest semiconductor wafer fabrication equipment, or WFE, manufacturers in the world. It specializes in the market segment of semiconductor process control, wherein machines inspect semiconductor wafers during research and development and manufacturing for defects and verify precise measurements. In this section of the market, KLA holds a majority share. It also has a small exposure to the etch and deposition segments of the WFE market. It counts as top customers the largest chipmakers in the world, including TSMC and Samsung.</p>
<h3>Understanding the Numbers: KLA's Finances</h3>
<p><strong>Market Capitalization:</strong> Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.</p>
<p><strong>Negative Revenue Trend:</strong> Examining KLA's financials over 3 months reveals challenges. As of 31 December, 2023, the company experienced a decline of approximately <strong>-16.66%</strong> in revenue growth, reflecting a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Information Technology sector.</p>
<p><strong>Net Margin:</strong> KLA's net margin is impressive, surpassing industry averages. With a net margin of <strong>23.43%,</strong> the company demonstrates strong profitability and effective cost management.</p>
<p><strong>Return on Equity (ROE):</strong> The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of <strong>19.31%,</strong> the company showcases effective utilization of equity capital.</p>
<p><strong>Return on Assets (ROA):</strong> KLA's ROA excels beyond industry benchmarks, reaching <strong>4.1%</strong>. This signifies efficient management of assets and strong financial health.</p>
<p><strong>Debt Management:</strong> KLA's debt-to-equity ratio surpasses industry norms, standing at <strong>2.0</strong>. This suggests the company carries a substantial amount of debt, posing potential financial challenges.</p>
<h2>How Are Analyst Ratings Determined?</h2>
<p>Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.</p>
<p>Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


What Analysts Are Saying About KLA Stock

<p>Evercore ISI Group  analyst Mark Lipacis   initiates coverage on KLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KLAC#NASDAQ">KLAC</a>) with a Outperform rating and announces Price Target of $800.</p>


Initiation

Evercore ISI Group Initiates Coverage On KLA with Outperform Rating, Announces Price Target of $800

<p>KLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KLAC#NASDAQ">KLAC</a>) has outperformed the market over the past 20 years by 6.63% on an annualized basis producing an average annual return of 14.35%. Currently, KLA has a market capitalization of $91.20 billion. </p>
<p><strong>Buying $1000 In KLAC:</strong> If an investor had bought $1000 of KLAC stock 20 years ago, it would be worth <strong>$13,957.16</strong> today based on a price of $674.41 for KLAC at the time of writing.</p>
<h3>KLA's Performance Over Last 20 Years</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1713204025_0.png" alt="comp_fig" /></p>
<p>Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


$1000 Invested In KLA 20 Years Ago Would Be Worth This Much Today

WIIM

ALAB

AMAT

ASML

CRDO

ENPH

ENTG

LRCX

LSCC

MMAT

MPWR

SMTC

WISA

WOLF

Shares of semiconductor companies are trading lower amid overall market weakness. Some stocks in the sector have also been under pressure on reports suggesting China has told telecom carriers to phase out foreign chips.

<p>Cantor Fitzgerald  analyst C J Muse   maintains KLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KLAC#NASDAQ">KLAC</a>) with a Neutral and raises the price target from $625 to $800.</p>


Cantor Fitzgerald Maintains Neutral on KLA, Raises Price Target to $800

<p>Whales with a lot of money to spend have taken a noticeably bullish stance on <strong>KLA</strong>.</p>
<p>Looking at options history for KLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KLAC#NASDAQ">KLAC</a>) we detected 12 trades.</p>
<p>If we consider the specifics of each trade, it is accurate to state that 50% of the investors opened trades with bullish expectations and 50% with bearish.</p>
<p>From the overall spotted trades, 3 are puts, for a total amount of $332,760 and 9, calls, for a total amount of $584,070.</p>
<h3>Projected Price Targets</h3>
<p>Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $660.0 to $910.0 for KLA over the last 3 months. </p>
<h3>Analyzing Volume &amp; Open Interest</h3>
<p>Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in KLA's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to KLA's substantial trades, within a strike price spectrum from $660.0 to $910.0 over the preceding 30 days.</p>
<h3>KLA 30-Day Option Volume &amp; Interest Snapshot</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1712340041_0.png" alt="Options Call Chart" /></p>
<h3>Noteworthy Options Activity:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th style="text-align: right;"><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>KLAC</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/19/24</td>
<td>$15.3</td>
<td>$14.8</td>
<td>$15.2</td>
<td>$675.00</td>
<td>$224.9K</td>
<td style="text-align: right;">68</td>
<td style="text-align: right;">148</td>
</tr>
<tr>
<td>KLAC</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$65.0</td>
<td>$62.2</td>
<td>$65.0</td>
<td>$700.00</td>
<td>$149.5K</td>
<td style="text-align: right;">132</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>KLAC</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$68.0</td>
<td>$64.4</td>
<td>$65.7</td>
<td>$700.00</td>
<td>$137.9K</td>
<td style="text-align: right;">132</td>
<td style="text-align: right;">75</td>
</tr>
<tr>
<td>KLAC</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/19/24</td>
<td>$15.5</td>
<td>$14.6</td>
<td>$15.5</td>
<td>$675.00</td>
<td>$79.0K</td>
<td style="text-align: right;">68</td>
<td style="text-align: right;">210</td>
</tr>
<tr>
<td>KLAC</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>04/05/24</td>
<td>$28.5</td>
<td>$22.5</td>
<td>$26.7</td>
<td>$660.00</td>
<td>$66.7K</td>
<td style="text-align: right;">29</td>
<td style="text-align: right;">25</td>
</tr>
</tbody>
</table>
</p>
<h3>About KLA</h3>
<p>KLA is one of the largest semiconductor wafer fabrication equipment, or WFE, manufacturers in the world. It specializes in the market segment of semiconductor process control, wherein machines inspect semiconductor wafers during research and development and manufacturing for defects and verify precise measurements. In this section of the market, KLA holds a majority share. It also has a small exposure to the etch and deposition segments of the WFE market. It counts as top customers the largest chipmakers in the world, including TSMC and Samsung.</p>
<p>In light of the recent options history for KLA, it's now appropriate to focus on the company itself. We aim to explore its current performance.</p>
<h3>Present Market Standing of KLA</h3>
<ul>
<li>Currently trading with a volume of 282,976, the KLAC's price is up by 0.93%, now at $679.0. </li>
<li>RSI readings suggest the stock is currently is currently neutral between overbought and oversold.</li>
<li>Anticipated earnings release is in 20 days.</li>
</ul>
<h3>Professional Analyst Ratings for KLA</h3>
<p>Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $728.0.</p>
<ul>
<li>An analyst from Stifel has revised its rating downward to Buy, adjusting the price target to $685. </li>
<li>Consistent in their evaluation, an analyst from Susquehanna keeps a Neutral rating on KLA with a target price of $675. </li>
<li>An analyst from Cantor Fitzgerald downgraded its action to Neutral with a price target of $625. </li>
<li>An analyst from Wells Fargo persists with their Overweight rating on KLA, maintaining a target price of $805. </li>
<li>An analyst from B of A Securities persists with their Buy rating on KLA, maintaining a target price of $850. </li>
</ul>
<p>Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for KLA with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.</p>


Options

A Closer Look at KLA's Options Market Dynamics

NVDA

SMCI

Shares of semiconductor stocks are trading lower amid an overall market drop.

NXPI

Shares of semiconductor stocks are trading lower amid weakness in tech as Treasury yields rise.

<p>Wells Fargo  analyst Joseph Quatrochi   maintains KLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KLAC#NASDAQ">KLAC</a>) with a Overweight and raises the price target from $760 to $805.</p>


Wells Fargo Maintains Overweight on KLA, Raises Price Target to $805

<p>High-rolling investors have positioned themselves bullish on KLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KLAC#NASDAQ">KLAC</a>), and it's important for retail traders to take note.<br />
\This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in KLAC often signals that someone has privileged information.</p>
<p>Today, Benzinga's options scanner spotted 8 options trades for KLA. This is not a typical pattern.</p>
<p>The sentiment among these major traders is split, with 75% bullish and 25% bearish. Among all the options we identified, there was one put, amounting to $36,000, and 7 calls, totaling $277,580.</p>
<h3>Expected Price Movements</h3>
<p>Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $670.0 to $750.0 for KLA over the last 3 months. </p>
<h3>Analyzing Volume &amp; Open Interest</h3>
<p>In today's trading context, the average open interest for options of KLA stands at 29.0, with a total volume reaching 23.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in KLA, situated within the strike price corridor from $670.0 to $750.0, throughout the last 30 days.</p>
<h3>KLA Option Volume And Open Interest Over Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1711999846_0.png" alt="Options Call Chart" /></p>
<h3>Largest Options Trades Observed:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th style="text-align: right;"><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>KLAC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$113.5</td>
<td>$111.3</td>
<td>$113.5</td>
<td>$740.00</td>
<td>$56.7K</td>
<td style="text-align: right;">14</td>
<td style="text-align: right;">5</td>
</tr>
<tr>
<td>KLAC</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$134.9</td>
<td>$130.0</td>
<td>$134.9</td>
<td>$680.00</td>
<td>$40.4K</td>
<td style="text-align: right;">12</td>
<td style="text-align: right;">9</td>
</tr>
<tr>
<td>KLAC</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$134.9</td>
<td>$129.0</td>
<td>$134.2</td>
<td>$680.00</td>
<td>$40.2K</td>
<td style="text-align: right;">12</td>
<td style="text-align: right;">6</td>
</tr>
<tr>
<td>KLAC</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$134.1</td>
<td>$129.0</td>
<td>$134.1</td>
<td>$680.00</td>
<td>$40.2K</td>
<td style="text-align: right;">12</td>
<td style="text-align: right;">3</td>
</tr>
<tr>
<td>KLAC</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$134.1</td>
<td>$121.5</td>
<td>$134.1</td>
<td>$680.00</td>
<td>$40.2K</td>
<td style="text-align: right;">12</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
</p>
<h3>About KLA</h3>
<p>KLA is one of the largest semiconductor wafer fabrication equipment, or WFE, manufacturers in the world. It specializes in the market segment of semiconductor process control, wherein machines inspect semiconductor wafers during research and development and manufacturing for defects and verify precise measurements. In this section of the market, KLA holds a majority share. It also has a small exposure to the etch and deposition segments of the WFE market. It counts as top customers the largest chipmakers in the world, including TSMC and Samsung.</p>
<p>In light of the recent options history for KLA, it's now appropriate to focus on the company itself. We aim to explore its current performance.</p>
<h3>Where Is KLA Standing Right Now?</h3>
<ul>
<li>Trading volume stands at 358,426, with KLAC's price up by 1.63%, positioned at $709.92.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 23 days.</li>
</ul>
<h3>Professional Analyst Ratings for KLA</h3>
<p>In the last month, 5 experts released ratings on this stock with an average target price of $691.0.</p>
<ul>
<li>An analyst from Cantor Fitzgerald downgraded its action to Neutral with a price target of $625. </li>
<li>Reflecting concerns, an analyst from Stifel lowers its rating to Buy with a new price target of $685.</li>
<li>Consistent in their evaluation, an analyst from UBS keeps a Neutral rating on KLA with a target price of $760. </li>
<li>Maintaining their stance, an analyst from Wells Fargo continues to hold a Overweight rating for KLA, targeting a price of $760. </li>
<li>In a cautious move, an analyst from Cantor Fitzgerald downgraded its rating to Neutral, setting a price target of $625. </li>
</ul>
<p>Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.</p>
<p>If you want to stay updated on the latest options trades for KLA, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.</p>


KLA Unusual Options Activity For April 01

<p>Susquehanna  analyst Mehdi Hosseini   maintains KLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KLAC#NASDAQ">KLAC</a>) with a Neutral and maintains $675 price target.</p>


Susquehanna Maintains Neutral on KLA, Maintains $675 Price Target

<p>On CNBC&rsquo;s &quot;Mad Money Lightning Round,&quot; <strong>Jim Cramer</strong> said <strong> Core &amp; Main, Inc. </strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cnm#NYSE">CNM</a>) is &quot;right at the heart of this infrastructure bull market I keep talking about because it does waste water. It is perfectly positioned&hellip;even though it&rsquo;s just been a <a href="https://www.benzinga.com/news/earnings/24/03/37845257/core-main-analysts-boost-their-forecasts-after-q4-results">horse, it can go higher</a>.&quot;</p>
<p>On March 19, Core &amp; Main reported upbeat sales results for its fourth quarter. The company posted quarterly earnings of 34 cents per share, missing analysts&rsquo; estimates of 35 cents per share. The company&rsquo;s quarterly sales came in at $1.44 billion, versus expectations of $1.43 billion, according to data from Benzinga Pro.</p>
<p><strong>KLA Corporation </strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/klac#NASDAQ">KLAC</a>) is a &quot;very good&quot; company, Cramer said.</p>
<p>On March 25, Stifel analyst Brian Chin reiterated KLA with a Buy and maintained a $685 price target.</p>
<p><strong>Chevron Corporation </strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cvx#NYSE">CVX</a>) has got a 4% yield and is doing &quot;pretty well,&quot; Cramer said, &quot;That&rsquo;s Mike Wirth&rsquo;s company, I&rsquo;m not going to leave it here.&quot;</p>
<p>On March 18, Chevron&rsquo;s Chevron New Energies inked a signed Memorandum Of Understanding with JX Nippon Oil &amp; Gas Exploration Corporation to develop the CCS value chain.</p>
<p>&quot;Let&rsquo;s give Pfizer a chance. They&rsquo;ve got this really good acquisition that I like of Seagen. Let&rsquo;s give it some time here,&quot; Cramer said when asked about <strong> Pfizer Inc. </strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pfe#NYSE">PFE</a>).</p>
<p>On March 22, Argus Research analyst David Toung downgraded <a href="https://www.benzinga.com/general/biotech/24/03/37597034/pfizer-shifts-strategic-focus-pivoting-from-covid-to-cancer-drugs-to-recover-market-value">Pfizer from Buy to Hold</a>.</p>
<p>The &quot;Mad Money&quot; host said <strong> Leidos Holdings, Inc. </strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ldos#NYSE">LDOS</a>) is a winner. &quot;It&rsquo;s a defense contractor that&rsquo;s actually not struggling to get money out of Congress,&quot; he added.</p>
<p>On March 27, B of A Securities analyst Mariana Perez maintained Leidos Holdings with a Buy and raised the price target from $125 to $145.</p>
<p>&quot;People like these things, people like these bulk carriers right now,&quot; Cramer said when asked about <strong> SFL Corporation Ltd. </strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sfl#NYSE">SFL</a>). &quot;Do not overstay your welcome in this, it&rsquo;s been a big run. But it&rsquo;s going to go a little higher.&quot;</p>
<p>On Feb. 14, SFL posted better-than-expected results for its fourth quarter.</p>
<h3><strong>Price Action:</strong></h3>
<ul>
<li>Shares of Core &amp; Main gained 0.9% to close at $57.25 on Thursday.</li>
<li>Pfizer shares fell 0.1% to close at $27.75.</li>
<li>SFL shares gained 0.5% to settle at $13.18 on Thursday.</li>
<li>Leidos shares gained 0.4% to close at $131.09 during Thursday&rsquo;s session.</li>
<li>KLA shares gained 0.2% to settle at $698.57.</li>
<li>Shares of Chevron gained 0.9% to close at $157.74 on Thursday.</li>
</ul>
<p><em>Read Next: </em><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/03/37980980/5m-bet-on-snowflake-check-out-these-4-stocks-insiders-are-buying"><em> $5M Bet On Snowflake? Check Out These 4 Stocks Insiders Are Buying </em></a></p>


Jim Cramer Says Chevron Is Doing 'Pretty Well,' Will Give This Pharma Giant 'A Chance'

<p>KLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KLAC#NASDAQ">KLAC</a>) has outperformed the market over the past 20 years by 5.86% on an annualized basis producing an average annual return of 13.73%. Currently, KLA has a market capitalization of $93.95 billion. </p>
<p><strong>Buying $100 In KLAC:</strong> If an investor had bought $100 of KLAC stock 20 years ago, it would be worth <strong>$1,288.79</strong> today based on a price of $694.71 for KLAC at the time of writing.</p>
<h3>KLA's Performance Over Last 20 Years</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1711652428_0.png" alt="comp_fig" /></p>
<p>Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Here's How Much You Would Have Made Owning KLA Stock In The Last 20 Years

<p>The Nasdaq 100 closed higher by around 0.4% on Wednesday. Investors, meanwhile, focused on some notable insider trades.</p>
<p>When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company&rsquo;s prospects or that they view the stock as being overpriced. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision.</p>
<p>Below is a look at a few recent notable insider sales. For more, check out <a href="https://www.benzinga.com/sec/insider-trades/"><em> Benzinga&#39;s insider transactions </em></a> platform.</p>
<h3><strong>Arista Networks </strong></h3>
<ul>
<li><strong>The Trade:</strong> <strong> Arista Networks, Inc.</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/anet#NYSE">ANET</a>) President and CEO Jayshree Ullal <a href="https://www.benzinga.com/sec/insider-trades/"><em> sold a total of 22,000 shares </em></a> at an average price of $301.45. The insider received around $6.63 million from selling those shares.</li>
<li><strong>What&rsquo;s Happening:</strong> On March 27, Evercore ISI Group analyst Amit Daryanani maintained Arista Networks with an Outperform and maintained a $300 price target.</li>
<li><strong>What Arista Networks Does:</strong> Arista Networks Inc is a networking equipment provider that primarily sells Ethernet switches and software to data centers.</li>
</ul>
<p><em>Have a look at our <a href="https://www.benzinga.com/premarket/"> premarket coverage here </a> </em></p>
<h3><strong>Shoe Carnival</strong></h3>
<ul>
<li><strong>The Trade:</strong> <strong> Shoe Carnival, Inc. </strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/scvl#NASDAQ">SCVL</a>) SEVP - Chief Merchandise Officer Carl N. Scibetta <a href="https://www.benzinga.com/sec/insider-trades/"><em> sold a total of 15,000 shares </em></a> at an average price of $35.45. The insider received around $531,750 from selling those shares.</li>
<li><strong>What&rsquo;s Happening:</strong> On March 21, Shoe Carnival reported a fourth-quarter FY23 sales decline of 3.7% year-on-year to $280.17 million, marginally missing the analyst consensus estimate of $280.27 million.</li>
<li><strong>What Shoe Carnival Does:</strong> Shoe Carnival Inc is a family footwear retailer that offers a broad assortment of dress, casual and athletic footwear for men, women, and children with an emphasis on national name brands such as Nike, Skechers, Adidas, Puma, HEYDUDE, Converse, Vans, and Crocs.</li>
</ul>
<h3><strong>KLA Corporation </strong></h3>
<ul>
<li><strong>The Trade:</strong> <strong> KLA Corporation </strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/klac#NASDAQ">KLAC</a>) Executive Vice President Oreste Donzella <a href="https://www.benzinga.com/sec/insider-trades/"><em> sold a total of 3,257 shares </em></a> at an average price of $697.85. The insider received around $2.27 million from selling those shares.</li>
<li><strong>What&rsquo;s Happening:</strong> On March 25, Stifel analyst Brian Chin reiterated KLA with a Buy and maintained a $685 price target.</li>
<li><strong>What KLA Corporation Does:</strong> KLA is one of the largest semiconductor wafer fabrication equipment, or WFE, manufacturers in the world.</li>
</ul>
<h3><strong>Agilent Technologies </strong></h3>
<ul>
<li><strong>The Trade:</strong> <strong> Agilent Technologies, Inc. </strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/a#NYSE">A</a>) Senior Vice President Philip Binns <a href="https://www.benzinga.com/sec/insider-trades/"><em> sold a total of 2,827 shares </em></a> at an average price of $147.54. The insider received around $417,096 from selling those shares.</li>
<li><strong>What&rsquo;s Happening:</strong> On March 26, Oppenheimer analyst Ian Zaffino maintained Agilent Technologies with an Outperform and raised the price target from $67 to $90.</li>
<li><strong>What Agilent Does:</strong> Originally spun out of Hewlett-Packard in 1999, Agilent has evolved into a leading life sciences and diagnostics firm.</li>
</ul>
<p>&nbsp;</p>
<p>Check This Out: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/03/37951427/jim-cramer-visa-is-too-close-to-all-time-high-chart-industries-is-absolutely-terrific"><em> Jim Cramer: Visa Is &#39;Too Close To All-Time High,&#39; Chart Industries Is &#39;Absolutely Terrific&#39; </em></a></p>


<p>21 analysts have shared their evaluations of KLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KLAC#NASDAQ">KLAC</a>) during the recent three months, expressing a mix of bullish and bearish perspectives.</p>
<p>The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">6</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">9</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $657.38, a high estimate of $850.00, and a low estimate of $500.00. This current average reflects an increase of 9.99% from the previous average price target of $597.69. </p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1711382420_0.png" alt="price target chart" /></p>
<h2>Exploring Analyst Ratings: An In-Depth Overview</h2>
<p>An in-depth analysis of recent analyst actions unveils how financial experts perceive KLA. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Brian Chin</td>
<td>Stifel</td>
<td>Maintains</td>
<td>Buy</td>
<td>$685.00</td>
<td>-</td>
</tr>
<tr>
<td>Joseph Quatrochi</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$760.00</td>
<td>$750.00</td>
</tr>
<tr>
<td>Vivek Arya</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$850.00</td>
<td>$740.00</td>
</tr>
<tr>
<td>C J Muse</td>
<td>Cantor Fitzgerald</td>
<td>Maintains</td>
<td>Neutral</td>
<td>$625.00</td>
<td>-</td>
</tr>
<tr>
<td>Timothy Arcuri</td>
<td>UBS</td>
<td>Raises</td>
<td>Neutral</td>
<td>$760.00</td>
<td>$605.00</td>
</tr>
<tr>
<td>C J Muse</td>
<td>Cantor Fitzgerald</td>
<td>Maintains</td>
<td>Neutral</td>
<td>$625.00</td>
<td>-</td>
</tr>
<tr>
<td>C J Muse</td>
<td>Cantor Fitzgerald</td>
<td>Maintains</td>
<td>Neutral</td>
<td>$625.00</td>
<td>-</td>
</tr>
<tr>
<td>C J Muse</td>
<td>Cantor Fitzgerald</td>
<td>Maintains</td>
<td>Neutral</td>
<td>$625.00</td>
<td>-</td>
</tr>
<tr>
<td>C J Muse</td>
<td>Cantor Fitzgerald</td>
<td>Maintains</td>
<td>Neutral</td>
<td>$625.00</td>
<td>-</td>
</tr>
<tr>
<td>Toshiya Hari</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Buy</td>
<td>$640.00</td>
<td>$560.00</td>
</tr>
<tr>
<td>Mehdi Hosseini</td>
<td>Susquehanna</td>
<td>Raises</td>
<td>Neutral</td>
<td>$675.00</td>
<td>$640.00</td>
</tr>
<tr>
<td>Tom O'Malley</td>
<td>Barclays</td>
<td>Raises</td>
<td>Underweight</td>
<td>$550.00</td>
<td>$500.00</td>
</tr>
<tr>
<td>C J Muse</td>
<td>Cantor Fitzgerald</td>
<td>Maintains</td>
<td>Neutral</td>
<td>$625.00</td>
<td>-</td>
</tr>
<tr>
<td>Harlan Sur</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$725.00</td>
<td>$565.00</td>
</tr>
<tr>
<td>Toshiya Hari</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Buy</td>
<td>$640.00</td>
<td>$560.00</td>
</tr>
<tr>
<td>Joseph Quatrochi</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$705.00</td>
<td>$670.00</td>
</tr>
<tr>
<td>Tammy Qiu</td>
<td>Berenberg</td>
<td>Raises</td>
<td>Buy</td>
<td>$690.00</td>
<td>$670.00</td>
</tr>
<tr>
<td>C J Muse</td>
<td>Cantor Fitzgerald</td>
<td>Announces</td>
<td>Neutral</td>
<td>$625.00</td>
<td>-</td>
</tr>
<tr>
<td>Srini Pajjuri</td>
<td>Raymond James</td>
<td>Raises</td>
<td>Outperform</td>
<td>$625.00</td>
<td>$550.00</td>
</tr>
<tr>
<td>Brian Chin</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$625.00</td>
<td>$535.00</td>
</tr>
<tr>
<td>Tom O'Malley</td>
<td>Barclays</td>
<td>Raises</td>
<td>Underweight</td>
<td>$500.00</td>
<td>$425.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to KLA. This offers insight into analysts' perspectives on the current state of the company.</li>
<li><strong>Rating:</strong> Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of KLA compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts explore the dynamics of price targets, providing estimates for the future value of KLA's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
<p>To gain a panoramic view of KLA's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/KLAC/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on KLA analyst ratings.</strong></a></p>
<h2>Get to Know KLA Better</h2>
<p>KLA is one of the largest semiconductor wafer fabrication equipment, or WFE, manufacturers in the world. It specializes in the market segment of semiconductor process control, wherein machines inspect semiconductor wafers during research and development and manufacturing for defects and verify precise measurements. In this section of the market, KLA holds a majority share. It also has a small exposure to the etch and deposition segments of the WFE market. It counts as top customers the largest chipmakers in the world, including TSMC and Samsung.</p>
<h3>Breaking Down KLA's Financial Performance</h3>
<p><strong>Market Capitalization:</strong> Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.</p>
<p><strong>Revenue Challenges:</strong> KLA's revenue growth over 3 months faced difficulties. As of 31 December, 2023, the company experienced a decline of approximately <strong>-16.66%</strong>. This indicates a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Information Technology sector.</p>
<p><strong>Net Margin:</strong> KLA's net margin is impressive, surpassing industry averages. With a net margin of <strong>23.43%,</strong> the company demonstrates strong profitability and effective cost management.</p>
<p><strong>Return on Equity (ROE):</strong> KLA's ROE stands out, surpassing industry averages. With an impressive ROE of <strong>19.31%</strong>, the company demonstrates effective use of equity capital and strong financial performance.</p>
<p><strong>Return on Assets (ROA):</strong> The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of <strong>4.1%,</strong> the company showcases effective utilization of assets.</p>
<p><strong>Debt Management:</strong> KLA's debt-to-equity ratio is notably higher than the industry average. With a ratio of <b>2.0</b>, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.</p>
<h2>The Basics of Analyst Ratings</h2>
<p>Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.</p>
<p>In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


A Closer Look at 21 Analyst Recommendations For KLA

<p>Stifel  analyst Brian Chin   reiterates KLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KLAC#NASDAQ">KLAC</a>) with a Buy and maintains $685 price target.</p>


Reiteration

Stifel Reiterates Buy on KLA, Maintains $685 Price Target

<p>Investors with a lot of money to spend have taken a bullish stance on <strong>KLA</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KLAC#NASDAQ">KLAC</a>).</p>
<p>And retail traders should know.</p>
<p>We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.</p>
<p>Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with KLAC, it often means somebody knows something is about to happen.</p>
<p>So how do we know what these investors just did? </p>
<p>Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 13 uncommon options trades for KLA.</p>
<p>This isn't normal.</p>
<p>The overall sentiment of these big-money traders is split between 53% bullish and 46%, bearish.</p>
<p>Out of all of the special options we uncovered, 3 are puts, for a total amount of $196,180, and 10 are calls, for a total amount of $386,251.</p>
<h3>What's The Price Target?</h3>
<p>Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $420.0 to $800.0 for KLA during the past quarter. </p>
<h3>Volume &amp; Open Interest Trends</h3>
<p>Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for KLA's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across KLA's significant trades, within a strike price range of $420.0 to $800.0, over the past month.</p>
<h3>KLA Option Volume And Open Interest Over Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1711031616_0.png" alt="Options Call Chart" /></p>
<h3>Biggest Options Spotted:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th style="text-align: right;"><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>KLAC</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>04/12/24</td>
<td>$700.00</td>
<td>$105.0K</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>KLAC</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>06/21/24</td>
<td>$660.00</td>
<td>$63.6K</td>
<td style="text-align: right;">56</td>
<td style="text-align: right;">1</td>
</tr>
<tr>
<td>KLAC</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>04/26/24</td>
<td>$700.00</td>
<td>$58.5K</td>
<td style="text-align: right;">13</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>KLAC</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>06/20/25</td>
<td>$690.00</td>
<td>$42.4K</td>
<td style="text-align: right;">16</td>
<td style="text-align: right;">9</td>
</tr>
<tr>
<td>KLAC</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$690.00</td>
<td>$41.7K</td>
<td style="text-align: right;">16</td>
<td style="text-align: right;">3</td>
</tr>
</tbody>
</table>
</p>
<h3>About KLA</h3>
<p>KLA is one of the largest semiconductor wafer fabrication equipment, or WFE, manufacturers in the world. It specializes in the market segment of semiconductor process control, wherein machines inspect semiconductor wafers during research and development and manufacturing for defects and verify precise measurements. In this section of the market, KLA holds a majority share. It also has a small exposure to the etch and deposition segments of the WFE market. It counts as top customers the largest chipmakers in the world, including TSMC and Samsung.</p>
<p>Following our analysis of the options activities associated with KLA, we pivot to a closer look at the company's own performance.</p>
<h3>Present Market Standing of KLA</h3>
<ul>
<li>Currently trading with a volume of 116,734, the KLAC's price is up by 3.09%, now at $717.46. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 34 days.</li>
</ul>
<h3>Expert Opinions on KLA</h3>
<p>A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $724.0.</p>
<ul>
<li>Consistent in their evaluation, an analyst from Wells Fargo keeps a Overweight rating on KLA with a target price of $760. </li>
<li>An analyst from B of A Securities persists with their Buy rating on KLA, maintaining a target price of $850. </li>
<li>In a cautious move, an analyst from Cantor Fitzgerald downgraded its rating to Neutral, setting a price target of $625. </li>
<li>Reflecting concerns, an analyst from Cantor Fitzgerald lowers its rating to Neutral with a new price target of $625.</li>
<li>An analyst from UBS has decided to maintain their Neutral rating on KLA, which currently sits at a price target of $760. </li>
</ul>
<p>Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest KLA options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


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