
Information Technology · Semiconductor Materials & Equipment
$237.68
-7.31%
Vol: 9.4M
Tuesday, June 16, 2026
No material news in the last 48 hours.
No material news in the last 48 hours.
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.
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.
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.
No material news in the last 48 hours.
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.
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.
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.
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.
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.
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.
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.
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.
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| LRCXLAM | $369.42 | -5.01% | +32.9% | 46.3x | 1.87 | $461.9B |
| AMATAPPLIED | $569.06 | -2.86% | +37.4% | 35.0x | 1.67 | $451.2B |
| KLACKLA | $237.68 | -7.31% | -86.5% | 47.0x | 1.50 | $310.0B |
| TERTERADYNE | $410.72 | -5.02% | +27.5% | 43.1x | 1.79 | $64.1B |
| QQNITY | $152.82 | -5.09% | +2.1% | 31.8x | — | $31.9B |
| NVDANVIDIA | $207.80 | -2.19% | -6.7% | 16.3x | 2.20 | $5.02T |
Price below 200d MA — bearish structure.