KLA (KLAC)

• Market cap: $138B
• 1 day: 5.74%
• 5 days: 9.32%
• 1 month: 18.49%
• 3 months: 20.15%
• 6 months: 47.42%
• Year to date: 64.41%
• 1 year: 43.18%
• 5 years: 484.87%
• 10 years: 1,975.94%
• Sector: Technology
• Industry: Semiconductor Equipment & Materials

About: 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.

Employees: 15,200

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

118% more first-time investments, than exits

New positions opened: 220 | Existing positions closed: 101

56% more funds holding in top 10

Funds holding in top 10: 32 [Q1] → 50 (+18) [Q2]

38% more capital invested

Capital invested by funds: $75.7B [Q1] → $105B (+$29B) [Q2]

6% more funds holding

Funds holding: 1,540 [Q1] → 1,631 (+91) [Q2]

4.43% more ownership

Funds ownership: 84.07% [Q1] → 88.5% (+4.43%) [Q2]

12% less repeat investments, than reductions

Existing positions increased: 562 | Existing positions reduced: 639

32% less call options, than puts

Call options by funds: $764M | Put options by funds: $1.13B

Research analyst outlook

10 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $750
• Avg. target: $949
• High target: $1,070

10 analyst ratings

• positive: 5 50%
• neutral: 5 50%
• negative: 0 0%

Citigroup Atif Malik	$1,060	Buy Maintained	1 Aug 2025
Stifel Brian Chin	$922	Buy Maintained	1 Aug 2025
JP Morgan Harlan Sur	$1,070	Overweight Maintained	1 Aug 2025
Raymond James Srini Pajjuri	$950	Outperform Reiterated	1 Aug 2025
Morgan Stanley Shane Brett	$928	Overweight Maintained	1 Aug 2025