Stifel Raises KLA Corporation's (KLAC) PT to $1,050, Says Higher Visibility Worth a Premium

October 13, 2025 7:17 AM EDT
Get Alerts KLAC Hot Sheet
Price: $203.72 -2.7%

Rating Summary:
    21 Buy, 13 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
Join SI Premium – FREE
(Updated - October 13, 2025 8:22 AM EDT)

(Updated - October 13, 2025 7:39 AM EDT)

Stifel analyst Brian Chin raised the price target on KLA Corporation (NASDAQ: KLAC) to $1,050.00 (from $922.00) while maintaining a Buy rating.

The analyst commented, "We have a Buy rating on KLA, a leading supplier of inspection and metrology (aka process control) equipment used to help monitor/improve/ optimize the production ramp/output of semiconductor device manufacturing. History suggests that KLA is resistant to downturns, the underlying rationale being that leading semi manufacturers tend to preserve strategic investment in R&D/technology roadmaps, with process control/inspection budgets typically oriented more toward the earlier stages of leading-edge node transitions. We believe the heightened competitive environment in advanced foundry-logic, broadening adoption of EUV (incl. in DRAM), and fast-approaching technology inflections in both transistor and interconnect design argue for sticky-higher levels of process control intensity. Ultimately, we are more willing to pay a premium for higher visibility, margin structures, and resiliency."


You May Also Be Interested In





Related Categories

Analyst Comments, Analyst PT Change

Related Entities

Stifel, Maynard Um, Mark Zuckerberg, ARK