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KLA CorporationNasdaq: KLAC

Information Technology · Semiconductor Materials & Equipment

$237.68

-7.31%

Vol: 9.4M

Research Digest

Tuesday, June 16, 2026

Neutral

No significant overnight updates

No material news in the last 48 hours.

Price 50d 200d

Previous Market Intelligence

13 days
Jun 15No significant overnight updatesNeutral

No material news in the last 48 hours.

Jun 14KLA completed a 10-for-1 stock split effective June 11 and drew a string of analyst price-target hikes, hitting a fresh 52-week high as AI-driven chip-equipment demand accelerates.Positive

KLA Corporation implemented a ten-for-one forward stock split effective 11:59 p.m. ET on June 11, 2026, and raised authorized common shares from 500,000,000 to 5,000,000,000. The stock surged into a new 52-week high amid bullish sentiment on semiconductor equipment demand, trading up double digits in the sessions around the split. Cantor Fitzgerald raised its target (pre-split equivalent) to $2,500 from $2,000 with an Overweight rating, citing a multi-year AI-driven equipment upcycle with bookings visibility into 2028. Barclays lifted its target to $2,250 from $1,700 and raised its 2027 global wafer-fab-equipment spending estimate to $209.5 billion. The move matters because it signals analysts see structural, AI-led capex tailwinds extending KLA's process-control franchise. The risk is that valuation has run far ahead, leaving the stock exposed if the equipment cycle cools or AI capex disappoints.

May 21KLA announced 10-for-1 forward stock split effective June 12 alongside dividend hike to $2.30 per share and $7B buyback authorization following strong fiscal Q3 results.Mixed

KLA Corp's board approved a Ten-for-One forward stock split that takes effect after the close on June 11, 2026. The board also raised the quarterly dividend to $2.30 per share and authorized an additional $7B in share repurchases. CEO sold 4,512 shares on May 12, 2026, raising some insider-selling concerns. Stock is down ~2.7% over the past day and 4.8% over the past week despite a 59.3% six-month gain. Multiple analysts (Citi to $2,064, Wells Fargo to $2,100) raised price targets post-earnings.

May 20KLA stock falls mid-May after US-China summit ends without semiconductor breakthrough, retreating from AI rally highs.Mixed

KLA shares fell roughly 2.7% on the day and 4.8% over the past week heading into May 19, 2026, as semiconductor stocks pulled back after a US-China summit concluded without significant progress on chip sales to China. Despite the pullback, KLA is still up 19.5% over the past 3 months and remains a key AI-infrastructure enabler in process control and advanced packaging. The board recently approved a 10-for-1 forward stock split effective June 12, 2026, raised the quarterly dividend to $2.30 per share pre-split, and authorized $7 billion in additional buybacks. Q3 FY2026 GAAP net income was $1.20 billion on revenue of $3.415 billion, above the prior guidance midpoint. Consensus rating is Buy with a 12-month price target of $1,851.69. Risk: ongoing US-China export-control uncertainty and chip-sector volatility.

May 19No significant overnight updatesNeutral

No material news in the last 48 hours.

May 18KLA Corporation hits record date May 18 for $2.30/share quarterly dividend (21% increase) ahead of upcoming 10-for-1 forward stock split on June 12.Mixed

May 18, 2026 is the record date for KLA Corporation's quarterly dividend payment of $2.30 per share, payable on June 2, 2026 — a 21% increase from the prior payout. The company's board also approved a ten-for-one forward stock split announced May 7, with split-adjusted trading beginning June 12, 2026. Despite these positive shareholder actions, KLAC shares pulled back recently after the U.S.-China summit concluded without significant breakthroughs on semiconductor sales. KLA's President Richard Wallace also sold about $8.1M in stock at $1,794/share. Analyst consensus remains 'Buy' with a 12-month target of $1,751.

May 15KLA announced a 10-for-1 stock split, 21% dividend hike and $7B buyback alongside Q3 beat, fueling multiple analyst PT hikes.Positive

On May 7, 2026, KLA's board approved a 10-for-1 forward split (effective after June 11 close, split-adjusted trading June 12), a 21% quarterly dividend increase to $2.30/share, and authorized an additional $7B in buybacks. Fiscal Q3 revenue grew 11% YoY to $3.415B, above guidance midpoint, on advanced packaging and service strength tied to AI infrastructure demand. Jefferies raised its PT to $2,000 from $1,700 and Argus lifted its PT to $1,950 from $1,750 following the print. Director Hanley sold 550 shares at ~$1,875 on May 11 (routine Form 4). Shares trade near $1,847 with a ~$247B market cap, up sharply over the trailing year. Risk: any cyclical pause in AI capex could compress orders, though near-term momentum looks intact.

May 14KLA director Jeneanne Hanley sold 550 shares on May 11 at avg $1,874.71 (~$1.03M) as analysts pile on price target hikes following 10-for-1 stock split announcementPositive

KLA director Jeneanne Michelle Hanley sold 550 shares of common stock on May 11, 2026, at a weighted average price of $1,874.706, totaling roughly $1.03M. The sale follows KLA's May 7 announcement of a 10-for-1 forward stock split (effective June 12, 2026) and a 21% dividend increase to $2.30/share, plus a fresh $7B buyback authorization. Multiple analysts raised price targets including Citi to $2,064, TD Cowen to $2,000, Oppenheimer to $2,000, Jefferies to $2,000, Argus to $1,950, Stifel to $1,910, and Bernstein to $1,875. The Motley Fool flagged KLA as Wall Street's next likely stock-split winner on May 13. Risk: management warned China memory tool shipments will step down in H2 2026 as customers digest 2025 capacity additions, raising near-term revenue concentration concerns.

May 13KLA announced 10-for-1 stock split effective June 12, raised dividend to $2.30/share, and added $7B to buyback authorization following strong Q3 FY26 results with revenue of $3.42B.Positive

KLA Corporation unveiled a major capital return package in early May 2026. The board approved a 10-for-1 forward stock split effective June 12, raised the quarterly dividend to $2.30 per share (17th consecutive increase), and authorized an additional $7 billion for share repurchases. Q3 FY2026 revenue reached $3.415 billion with GAAP diluted EPS of $9.12, up 12% YoY, with Q4 guidance of ~$3.575 billion. Multiple analysts raised price targets in late April/early May, with targets ranging $1,700-$2,100. Strong AI infrastructure demand drove results, though China export control risks persist.

May 12KLA announced a 10-for-1 forward stock split effective June 12 along with a 21% dividend hike to $2.30/share and an additional $7B buyback authorization.Positive

On May 7, 2026, KLA's board approved a 10-for-1 forward stock split, increasing authorized shares from 500 million to 5 billion. Trading on a split-adjusted basis begins June 12 after the June 11 close. The board also declared a quarterly cash dividend of $2.30 per share (a 21% raise), payable June 2 to holders of record May 18, and approved an additional $7 billion for buybacks. Fiscal Q3 2026 results exceeded guidance, with revenue up 11% YoY to $3.415B and GAAP EPS of $9.12, driven by strong AI infrastructure demand and gains in advanced packaging and service. Market cap reached ~$244B in May. Analyst consensus is Buy with multiple price target increases following the announcements.

May 11KLA announced 10-for-1 stock split and 21% dividend increase to $2.30 on May 7 after strong fiscal Q3 resultsPositive

On May 7, 2026, KLA announced a 10-for-1 forward stock split (record date June 4, trading begins June 12) and raised the quarterly dividend 21% to $2.30 per share. Fiscal Q3 revenue of $3.415B exceeded guidance midpoint, with GAAP EPS of $9.12 and non-GAAP EPS of $9.40. Argus raised the price target to $1,950 from $1,750 on May 1. The shares closed at $1,869.19 on May 10. Growth is driven by advanced packaging demand from AI infrastructure buildout.

May 8KLA Corp approves 10-for-1 stock split and 21% dividend increase to $2.30/share, driven by strong Q3 results and AI demand.Positive

KLA announced a 10-for-1 forward stock split effective June 12, 2026, and increased quarterly dividend 21% to $2.30/share. Q3 FY2026 revenue hit $3.415B, exceeding guidance midpoint of $3.35B. GAAP EPS of $9.12 and non-GAAP EPS of $9.40 both beat guidance ranges. Citi raised price target to $2,064 from $1,800 on May 1. Strong semiconductor equipment demand from AI technologies is driving favorable market positioning.

May 6KLA reports Q3 FY2026 beat with $9.12 EPS; raises dividend 21% and announces $7B buyback authorization.Positive

KLA reported Q3 FY2026 revenue of $3.415B (+11.5% YoY), with GAAP EPS of $9.12, benefiting from robust AI chip market demand. Board approved dividend increase to $2.30/share (+21%) effective May 2026 and authorized $7B in stock repurchases. Q4 FY2026 guidance: $3.575B revenue (±$200M) and non-GAAP EPS of $9.87 (±$1.00). Morgan Stanley raised target to $1,900 from $1,809 (Overweight); Citi raised to $2,064 from $1,800; Argus raised to $1,950 from $1,750. KLA gaining market share in metrology and inspection for advanced semiconductors.

Sector Peers

CompanyPriceDay1MFwd P/EBetaMkt Cap
LRCXLAM$369.42-5.01%+32.9%46.3x1.87$461.9B
AMATAPPLIED$569.06-2.86%+37.4%35.0x1.67$451.2B
KLACKLA$237.68-7.31%-86.5%47.0x1.50$310.0B
TERTERADYNE$410.72-5.02%+27.5%43.1x1.79$64.1B
QQNITY$152.82-5.09%+2.1%31.8x$31.9B
NVDANVIDIA$207.80-2.19%-6.7%16.3x2.20$5.02T

Key Fundamentals

Market Cap$310.0B
P/E (TTM)67.0
Forward P/E47.0
Beta1.50
Div Yield36.00%
Prev Close$256.42

RSI (14-Day)

15Oversold
0305070100

52-Week Range

$83.22$237.68$267.17
From High-11.0%
From Low+185.6%

Moving Averages

50d SMA
$1,607.43-85.2%
200d SMA
$1,297.17-81.7%

Price below 200d MA — bearish structure.

Historical Returns

1W
-86.5%
1M
-86.8%
3M
-83.9%
6M
-79.0%
1Y
-69.7%
YTD
-81.3%

Volume

Today9.4M
20d Avg2.5M
Ratio3.79x