KLA-Tencor Corporation ($KLAC) Stock Forecast: Down 5.5% Today

What is KLA-Tencor Corporation?

KLA Corporation (KLAC) is a leading provider of process control and yield management solutions for the semiconductor and related nanoelectronics industries. Today, the stock experienced a strong bearish movement in the market.

Why is KLA-Tencor Corporation going down?

KLAC stock is down 5.5% on Feb 3, 2026 17:41

• Despite KLA Corporation reporting strong Q2 FY 2026 results, exceeding revenue consensus and highlighting growth in AI infrastructure demand, the stock saw a bearish movement.
• The tempered near-term guidance due to supply constraints and higher DRAM component costs may have contributed to the bearish sentiment among investors.
• The overall market sentiment towards semiconductor stocks or broader economic factors could have influenced the bearish movement in KLAC's stock price today.
• It's possible that investors reacted negatively to the bearish movement in the broader market, impacting KLAC's stock price despite the company's positive performance and outlook.

KLAC Price Chart

KLAC Technical Analysis

KLAC News

KLA Corporation Q2 FY 2026 Results Beat on AI-Led Demand

KLA Corporation reported strong Q2 FY 2026 results, exceeding revenue consensus, primarily driven by resilient demand for process control in AI infrastructure across foundry/logic, memory, and advanced packaging. The company highlighted AI-driven inspection intensity, growth in services revenue, and momentum in advanced packaging, although near-term guidance is tempered by supply constraints and higher DRAM component costs. KLA expects continued outperformance, with extended lead times and a strengthening backlog signaling sustained demand through FY 2026 and into FY 2027.

https://futurumgroup.com/insights/kla-corporation-q2-fy-2026-results-beat-on-ai-led-demand/

5 Momentum Picks for February After Wall Street's Solid Start to 2026

This article identifies five momentum stocks for February 2026, highlighted by their Zacks Rank #1 (Strong Buy) and Zacks Momentum Score of A. These picks—Amphenol Corp., Seagate Technology Holdings plc, Ulta Beauty Inc., Coeur Mining Inc., and KLA Corp.—are selected following a strong start to 2026 for U.S. stock markets. The analysis provides in-depth reasons for their potential, including diversified business models, strong market demand, and growth prospects in AI, 5G, and e-commerce.

https://finviz.com/news/297554/5-momentum-picks-for-february-after-wall-streets-solid-start-to-2026

5 Momentum Picks for February After Wall Street's Solid Start to 2026

Following a strong start to 2026 for U.S. stock markets, Zacks Investment Research has identified five momentum stocks to consider for February. These companies—Amphenol Corp. (APH), Seagate Technology Holdings plc (STX), Ulta Beauty Inc. (ULTA), Coeur Mining Inc. (CDE), and KLA Corp. (KLAC)—all hold a Zacks Rank #1 (Strong Buy) and a Zacks Momentum Score of A, suggesting they are well-positioned for continued growth. The article details the specific catalysts and growth prospects for each of these picks, highlighting their strong revenue and earnings growth projections for the current year.

https://www.theglobeandmail.com/investing/markets/stocks/STX/pressreleases/37385451/5-momentum-picks-for-february-after-wall-streets-solid-start-to-2026/

5 Momentum Picks for February After Wall Street's Solid Start to 2026

This article highlights five momentum stocks—Amphenol (APH), Seagate Technology (STX), Ulta Beauty (ULTA), Coeur Mining (CDE), and KLA Corp. (KLAC)—recommended for February 2026 after a strong start to the year for U.S. stock markets. These companies all hold a Zacks Rank #1 (Strong Buy) and a Zacks Momentum Score of A, driven by positive growth prospects in their respective sectors like AI infrastructure, data centers, beauty retail, and precious metals. Each company's specific growth catalysts and financial outlook are discussed to support their inclusion as strong investment picks.

https://www.tradingview.com/news/zacks:8160ac519094b:0-5-momentum-picks-for-february-after-wall-street-s-solid-start-to-2026/

Is AXT’s New Independent Audit Chair a Turning Point for AXTI’s Governance and AI Ambitions?

AXT, Inc. has appointed Leonard J. LeBlanc as the independent Chair of its Audit Committee, a move that could improve governance optics for the company. This comes as AXT's role as a key Indium Phosphide wafer supplier for AI-driven data centers attracts significant investor attention. While the governance change is positive, the article suggests it may not materially alter the company's core operational and valuation challenges, which include persistent losses and a stretched valuation.

https://simplywall.st/stocks/us/semiconductors/nasdaq-axti/axt/news/is-axts-new-independent-audit-chair-a-turning-point-for-axti

Trending Today

Verizon Communications Inc. ($VZ) Stock Forecast: Up 5.0% Today

Align Technology Inc. ($ALGN) Stock Forecast: Down 5.2% Today

Jetblue Airways Corporation ($JBLU) Stock Forecast: Up 5.1% Today

LyondellBasell Industries NV Class A (Netherlands) ($LYB) Stock Forecast: Up 5.9% Today

HP Inc. ($HPQ) Stock Forecast: Down 5.4% Today

Lam Research Corporation ($LRCX) Stock Forecast: Down 5.0% Today

Power Integrations Inc. ($POWI) Stock Forecast: Down 5.1% Today

CleanSpark Inc ($CLSK) Stock Forecast: Down 5.8% Today

Global Payments Inc. ($GPN) Stock Forecast: Down 7.0% Today

Fidelity National Information Services Inc. ($FIS) Stock Forecast: Down 8.5% Today

KLA-Tencor Corporation Price History

03.01.2026 - KLAC Stock was down 5.7%

• Despite reporting strong Q2 earnings with notable revenue and net income figures, KLAC's stock plummeted by 8.6% due to concerns over supply chain challenges and rising tariff costs.
• Management's worries about component shortages, extended equipment delivery times, and increased tariff expenses have raised uncertainties among investors, overshadowing the positive financial performance.
• The market's reaction underscores the importance of addressing operational bottlenecks promptly to reassure investors about KLAC's ability to navigate through current supply chain disruptions and cost pressures effectively.

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.

03.01.2026 - KLAC Stock was down 5.5%

• Despite KLA Corporation reporting strong Q2 FY 2026 results, exceeding revenue consensus and highlighting growth in AI infrastructure demand, the stock saw a bearish movement.
• The tempered near-term guidance due to supply constraints and higher DRAM component costs may have contributed to the bearish sentiment among investors.
• The overall market sentiment towards semiconductor stocks or broader economic factors could have influenced the bearish movement in KLAC's stock price today.
• It's possible that investors reacted negatively to the bearish movement in the broader market, impacting KLAC's stock price despite the company's positive performance and outlook.

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.

30.00.2026 - KLAC Stock was down 15.5%

• Despite positive price target adjustments from multiple analysts, including Stifel, Jefferies, and BofA, KLA Corp. saw a bearish market movement.
• The cautious earnings forecast provided by KLA Corp. likely contributed to the stock's decline, as investors may have been expecting more optimistic guidance.
• The discrepancy between the positive long-term outlook for wafer fabrication equipment spending and the company's more conservative growth guidance for 2026 due to specific supply constraints could have spooked investors.
• The overall market sentiment towards KLA Corp. may have been impacted by concerns about potential market share loss, despite analyst optimism about the company's prospects in the semiconductor industry.

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.