Professional
Added to YB: 2024-11-05
Pitch date: 2024-10-31
KLAC [bullish]
KLA Corporation
+165.74%
current return
Author Info
No bio for this author
Company Info
KLA Corporation, together with its subsidiaries, provides process control and process-enabling solutions for manufacturing wafers, reticles/masks, chemicals/materials, integrated circuits (ICs), packaged ICs, and printed circuit boards.
Market Cap
$231.2B
Pitch Price
$65.65
Price Target
850.00 (+387%)
Dividend
0.52%
EV/EBITDA
38.01
P/E
48.36
EV/Sales
17.12
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.
Read full article (1 min)