KLA Corporation (KLAC), headquartered in Milpitas, California, designs, manufactures, and markets process control, process-enabling, and yield management solutions for the semiconductor and related electronics industries worldwide. With a market cap of $213.3 billion, the company offers surface profilers, nanomechanical testers, chips, and semiconductor assembly solutions. The leading supplier of process control and yield management solutions is expected to announce its fiscal first-quarter earnings for 2027 after the market closes on Wednesday, Oct. 28.
Ahead of the event, analysts expect KLA Corporation to report a profit of $1.18 per share on a diluted basis, up 34.1% from $0.88 per share in the year-ago quarter. The company beat or matched the consensus estimates in each of the last four quarters.
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For the full year, analysts expect KLA Corporation to report EPS of $5.43, up 44.4% from $3.76 in fiscal 2026. Its EPS is expected to rise 22.1% year over year to $6.63 in fiscal 2028.
www.barchart.comKLAC stock has outperformed the S&P 500 Index’s ($SPX) 15.2% gains over the past 52 weeks, with shares up 40% during this period. Similarly, it outperformed the State Street Technology Select Sector SPDR ETF’s (XLK) 29.5% rise over the same time frame.
www.barchart.comKLAC outperformed on AI infra and advanced packaging demand, with CEO Rick Wallace citing accelerating AI, leading-edge foundry/logic, and rising process control intensity. Advanced packaging control is now seen up above 70% to about $1.1 billion on HBM/hybrid bonding, services strong with 80% contract-based, and PCB/Specialty up over 25%. H2 growth is expected to accelerate as supply capacity comes online per CFO Bren Higgins, though memory pricing created over 100bps margin headwind and supply constraints remain a near-term watch.
Analysts’ consensus opinion on KLAC stock is moderately bullish, with a “Moderate Buy” rating overall. Out of 28 analysts covering the stock, 15 advise a “Strong Buy” rating, three suggest a “Moderate Buy,” and 10 give a “Hold.” KLAC’s average analyst price target is $235.26, indicating a notable potential upside of 44% from the current levels.
On the date of publication, Neha Panjwani did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
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