KLA Corporation (KLAC) tops FQ2 estimates but shares drop on soft guidance

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KLA Corporation (KLAC) PT Raised to $635 at Morgan Stanley

January 26, 2024 4:58 AM EST

Morgan Stanley analyst Joseph Moore raised the price target on KLA Corporation (NASDAQ: KLAC) to $635.00 (from $500.00) while maintaining a Equalweight rating.... More

KLA Corporation (KLAC) PT Raised to $750 at Wolfe Research

January 26, 2024 4:55 AM EST

Wolfe Research analyst Chris Caso raised the price target on KLA Corporation (NASDAQ: KLAC) to $750.00 (from $600.00) while maintaining a Outperform rating.... More

KLA Corporation (KLAC) PT Raised to $690 at Berenberg

January 26, 2024 4:52 AM EST

Berenberg analyst Tammy Qiu raised the price target on KLA Corporation (NASDAQ: KLAC) to $690.00 (from $670.00) while maintaining a Buy rating.... More

KLA Corporation (KLAC) PT Raised to $640 at Goldman Sachs

January 26, 2024 4:44 AM EST

Goldman Sachs analyst Toshiya Hari raised the price target on KLA Corporation (NASDAQ: KLAC) to $640.00 (from $560.00) while maintaining a Buy rating.... More

KLA Corporation (KLAC) PT Raised to $550 at Barclays

January 26, 2024 2:50 AM EST

Barclays analyst Blayne Curtis raised the price target on KLA Corporation (NASDAQ: KLAC) to $550.00 (from $500.00) while maintaining a Underweight rating.... More

KLA Corporation (KLAC) Tops Q2 EPS by 27c, misses on guidance

January 25, 2024 4:06 PM EST

KLA Corporation (NASDAQ: KLAC) reported Q2 EPS of $6.16, $0.27 better than the analyst estimate of $5.89. Revenue for the quarter came in at $2.49 billion versus the consensus estimate of $2.45 billion.

GUIDANCE:

KLA Corporation sees Q3 2024 EPS of $4.66-$5.86, versus the consensus of $5.85.... More