KLA-Tencor Corporation ($KLAC) Stock Forecast: Down 12.0% Today

What is KLA-Tencor Corporation?

KLA Corporation (NASDAQ: KLAC) is a semiconductor equipment maker specializing in process control and yield management solutions for the semiconductor industry. Recently, the stock faced significant downward movement in the market.

Why is KLA-Tencor Corporation going down?

KLAC stock is down 12.0% on Jan 30, 2026 17:40

• Various financial firms such as Stifel, Jefferies, and BofA have raised their price targets for KLA Corporation, signaling confidence in the company's growth prospects.
• However, despite the optimistic price target adjustments, KLA Corp. experienced a decline following a conservative earnings forecast, possibly prompting investors to take profits.
• Broader market sentiment, impacted by uncertainties regarding the upcoming announcement of the new Federal Reserve chair, contributed to a sharp drop in stock futures, affecting KLA Corp. and other major players.
• The discrepancy between KLA's cautious growth guidance for wafer fabrication equipment and the positive analyst outlook may have led to investor uncertainty, ultimately resulting in the stock's downturn.

KLAC Price Chart

KLAC Technical Analysis

KLAC News

Stifel raises KLA stock price target to $1,700 on industry growth outlook

Stifel has increased its price target for KLA Corporation (NASDAQ:KLAC) to $1,700 from $1,600, maintaining a Buy rating after the semiconductor equipment maker's fiscal Q2 results and Q3 guidance surpassed expectations. KLA projects low-teens percentage growth for wafer fabrication equipment spending, with process control revenue expected to grow even faster. Despite some industry forecast discrepancies, Stifel continues to recommend KLA as a core, high-quality holding.

https://www.investing.com/news/analyst-ratings/stifel-raises-kla-stock-price-target-to-1700-on-industry-growth-outlook-93CH-4476664

Stocks making the biggest moves premarket: Apple, Chevron, KLA, Sandisk & more

This article details the premarket stock movements of several major companies. Apple and Verizon saw their shares move positively after strong quarterly results, while Sandisk and Deckers Outdoor surged due to solid guidance and outlooks. Chevron and Exxon Mobil experienced slight dips despite beating earnings estimates, and KLA Corp. fell after providing a cautious earnings forecast.

https://www.cnbc.com/2026/01/30/stocks-making-the-biggest-moves-premarket-aapl-cvx-klac-sndk.html

KLA stock price target raised to $1,850 from $1,500 at Jefferies

Jefferies has increased its price target for KLA Corporation (NASDAQ:KLAC) to $1,850 from $1,500, maintaining a Buy rating. This adjustment comes despite KLA's more conservative wafer fabrication equipment (WFE) growth guidance for 2026 compared to competitors, attributed to specific supply constraints. Jefferies remains optimistic about long-term WFE spending and KLA's prospects, especially after the company exceeded earnings and revenue expectations in Q2 2026.

https://www.investing.com/news/analyst-ratings/kla-stock-price-target-raised-to-1850-from-1500-at-jefferies-93CH-4475582

KLA Corp. price target raised to $1,850 from $1,650 at BofA

BofA analyst Vivek Arya raised the price target for KLA Corp. (KLAC) to $1,850 from $1,650, maintaining a Buy rating on the shares. The analyst believes KLA could gain market share even with a shift towards memory in the wafer front end (WFE) market, leading to increased EPS estimates for 2026 and 2027. This positive adjustment comes despite concerns that KLA might be losing share.

https://www.tipranks.com/news/the-fly/kla-corp-price-target-raised-to-1850-from-1650-at-bofa-thefly

Apple, Sandisk, Western Digital, KLA Corp., Microsoft, and More StockMovers

This article identifies Apple, SanDisk, Western Digital, KLA Corp., and Microsoft as today's key stock movers. The market is experiencing sharp declines in stock futures due to the impending announcement of President Donald Trump's pick to lead the Federal Reserve. Former Fed governor Kevin Warsh is considered the likely candidate.

https://www.barrons.com/articles/stock-movers-32382ebd?gaa_at=eafs&gaa_n=AWEtsqdzEQktOYVFiRlK8jUOmtBwN0XgPIjz_p02AnGzxOmyg3oo5Kd9U0qL&gaa_ts=697c91a3&gaa_sig=84aGzLsTRs9JcTW0nBWDWpfDjRWN96XP7zbo0k_MCUR9ZiBO_o9UPo52xtP_Vcnvbi0zzGNyGOvE5ZfD3tcKQw%3D%3D

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KLA-Tencor Corporation Price History

15.11.2025 - KLAC Stock was down 1.4%

• KLA Corp. stock had a bearish movement despite an upgrade from Hold to Buy with an increased price target, indicating a positive outlook for the company.
• The overall market sentiment, including a rotation out of AI stocks and mixed performance across different asset classes, might have contributed to the bearish movement in KLAC stock.
• Despite the positive upgrade and expected cyclical recovery in the semiconductor equipment market, general market volatility and profit-taking behavior could have led to the bearish movement in KLA Corp. stock today.

17.11.2025 - KLAC Stock was down 2.6%

• Despite receiving positive analyst ratings and target price upgrades, KLA Corp (KLAC.US) witnessed a significant bearish movement today.
• This downward trend might be linked to investors engaging in profit-taking following a period of notable price appreciation subsequent to favorable analyst predictions.
• Apart from that, market volatility and broader macroeconomic factors could have influenced the decline in KLA Corp's stock price.
• It is important for investors to closely monitor the company's performance and take into account overall market conditions when contemplating investment decisions within the semiconductor sector.

30.00.2026 - KLAC Stock was down 6.5%

• Despite positive price target upgrades from Jefferies and BofA, KLA Corporation experienced a significant bearish movement, possibly attributed to the mixed Q2 2026 results.
• The company's revenue beat was overshadowed by an EPS miss, resulting in a negative after-hours reaction and a 7.7% decline in the stock price.
• Investors may have reacted unfavorably to the discrepancy between revenue performance and profitability, leading to a sell-off despite encouraging Q3 revenue guidance.
• Market volatility, influenced by external factors such as the announcement of President Trump's pick for the Federal Reserve chair, likely also played a role in the bearish movement of KLA's stock price.

30.00.2026 - KLAC Stock was down 12.0%

• Various financial firms such as Stifel, Jefferies, and BofA have raised their price targets for KLA Corporation, signaling confidence in the company's growth prospects.
• However, despite the optimistic price target adjustments, KLA Corp. experienced a decline following a conservative earnings forecast, possibly prompting investors to take profits.
• Broader market sentiment, impacted by uncertainties regarding the upcoming announcement of the new Federal Reserve chair, contributed to a sharp drop in stock futures, affecting KLA Corp. and other major players.
• The discrepancy between KLA's cautious growth guidance for wafer fabrication equipment and the positive analyst outlook may have led to investor uncertainty, ultimately resulting in the stock's downturn.

27.00.2026 - KLAC Stock was up 5.1%

• Efficient debt management by KLA, along with strong financial health, likely boosted investor confidence, contributing to the stock's bullish trend.
• Positive performance of Israeli chip equipment stocks, driven by increased chip demand from AI development, may have created a favorable sentiment around semiconductor-related companies like KLA.
• Micron Technology's investment in a new wafer fabrication facility in Singapore, focusing on NAND technology, could have increased optimism in the semiconductor sector, benefiting companies like KLA.
• Analysts raising price targets and maintaining positive ratings for KLA before its earnings report suggest market expectations of continued growth and demand for advanced chips, further supporting the stock's bullish movement.

15.00.2026 - KLAC Stock was up 8.5%

• An analyst's new Buy recommendation and a price target of $1,600 for KLA (KLAC) following the company's strong quarterly results contributed to the bullish movement.
• The surge in chip stocks like ASML, Lam Research, and Applied Materials, driven by positive investment forecasts, lifted the entire semiconductor sector, including KLA.
• Upbeat outlook on AI-driven demand and increased capital spending plans from a key player also boosted chip equipment makers like KLA, further fueling the bullish sentiment.
• Overall, positive recommendations, strong quarterly results, and favorable industry outlook propelled KLA's stock to experience a significant bullish movement in the market.

15.00.2026 - KLAC Stock was up 10.5%

• KLA Corporation's stock surged today following several positive developments:
• Cantor Fitzgerald reiterated an "Overweight" rating and raised the price target, anticipating solid growth in wafer fabrication equipment.
• The company announced a significant 17% increase in its quarterly dividend, showcasing commitment to shareholder value.
• Morgan Stanley upgraded the stock rating to "Overweight" and raised the price target, citing strong EPS growth and revenue projections.
• The bullish movement can be attributed to:
• Positive analyst sentiment and price target upgrades indicating confidence in the company's future performance.
• Increased dividend payout signaling financial strength and management's focus on rewarding shareholders.
• Overall optimism in the semiconductor sector, driven by anticipated growth in AI-related spending and semiconductor capital equipment investments.

15.00.2026 - KLAC Stock was up 11.0%

• A financial firm maintained an "Overweight" rating for KLAC and increased its price target, foreseeing robust growth in wafer fabrication equipment and the semiconductor capital equipment sector being in an early investment cycle.
• KLA Corporation raised its quarterly dividend by 17%, emphasizing its dedication to shareholder value and sound financial performance.
• An analyst at another financial firm upheld a Buy rating on KLAC following the company's strong quarterly results, signaling positivity towards the stock.
• KLAC was upgraded to Overweight and had its price target raised by a financial institution, anticipating continued tightening in logic and memory supply/demand to bolster growth in wafer fabrication equipment, in line with the positive momentum in the semiconductor sector driven by optimistic developments from Taiwan Semiconductor Manufacturing.

15.00.2026 - KLAC Stock was up 8.7%

• KLAC's stock reached an all-time high today, bolstered by strong results from key customer TSMC and increasing investor confidence in AI-driven demand.
• Upgrades from financial institutions including Wells Fargo, Morgan Stanley, and Barclays, highlighting robust sales growth expectations due to rising demand for advanced chips, were key factors in the stock's upward movement.
• Despite concerns about the high valuation at 45 times trailing earnings, the company's strong profitability, record revenues, and significant role in semiconductor metrology and process control, particularly in the memory market for AI infrastructure, continue to attract investors.
• Analysts' optimistic outlook on KLAC's projected solid secular growth in wafer fabrication equipment and the semiconductor capital equipment sector being in the early stages of an investment cycle further fueled the bullish sentiment.

09.00.2026 - KLAC Stock was up 5.2%

• KLAC stock likely saw a bullish movement due to positive sentiment towards semiconductor companies like Teradyne, which was praised for its strong performance in the industry.
• The broader market trend of profit-taking and rotation out of high-growth tech stocks, as seen with companies like Applied Materials, may have led investors to seek opportunities in other semiconductor companies like KLAC.
• The shift towards defense stocks following news of a proposed $1.5 trillion defense budget could have influenced investor behavior, with some capital moving away from tech and into other sectors, potentially benefiting KLAC in today's trading session.
• Despite the overall tech sector decline, KLAC's focus on process control and yield management solutions may have positioned it favorably in the eyes of investors seeking stability and long-term growth potential amidst market volatility.

09.00.2026 - KLAC Stock was up 5.3%

• KLAC stock surged as part of a broader bullish trend in the semiconductor industry, driven by positive news and analyst upgrades for related companies like Applied Materials.
• Despite a general market rotation out of the technology sector, KLAC managed to buck the trend and attract investors' attention with its unique offerings in process control solutions.
• The positive sentiment towards semiconductor stocks, fueled by strong performances from industry giants like TSMC, likely contributed to the bullish movement in KLAC as investors sought exposure to the growing chip equipment demand.
• KLAC's ability to stand out amidst profit-taking in the tech sector showcases its resilience and attractiveness to investors seeking opportunities beyond traditional high-growth tech stocks.

12.11.2025 - KLAC Stock was down 1.3%

• KLAC's bearish trend might be linked to an Equal Weight rating by Morgan Stanley, disappointing investors expecting a more optimistic outlook.
• Applied Materials (AMAT) faced a decline after reaching all-time highs, affecting the semiconductor sector and contributing to a general negative sentiment impacting KLAC.
• Concerns regarding China export controls and high valuations in the semiconductor industry could have intensified bearish sentiment on KLAC as investors reevaluate risks in the sector.
• The collaboration between Siemens and GlobalFoundries to improve chip manufacturing through AI could have played a part in influencing market sentiment, potentially steering attention and investment away from KLAC in the short term.