KLA Corporation (KLAC) Stock Analysis
Over the past 10 years, KLA (KLAC) earnings per share (EPS) grew 23.3% a year, revenue grew 16.4% a year and free cash flow grew 17.9% a year, with an average return on invested capital (ROIC) of 27.6%. KLAC stock trades at $171.08, a P/E of 46.4, above its historical average of 31.0. Analysts' average 12-month price target is $223.88 (+30.9%).
KLA Corporation specializes in creating, manufacturing, and distributing advanced solutions vital for process control, process optimization, and yield enhancement throughout the global semiconductor and broader electronics industries.
Exhibit A Growth Dossier
| Metric | 10yr | 5yr | 1yr | Grade |
|---|---|---|---|---|
| Book Value/Share GrowthBV/S | 27.0% | 17.2% | 36.1% | A+ |
| EPS GrowthEPS | 23.3% | 22.2% | 13.1% | A+ |
| Revenue GrowthRevenue | 16.4% | 14.4% | 11.7% | A- |
| Cash Flow GrowthCash Flow | 17.9% | 14.0% | 0.6% | B+ |
| ROICROIC | 27.6% | 33.9% | 35.6% | A+ |
Exhibit B Valuation Ledger
- Current EPS
- $3.68
- Historical Avg P/E
- 31.0
- Future P/E (used for sticker price)
- Projected EPS (10yr)
- Sticker Price (10yr)
- Price for 15% Annual Return
- Expected Annual Return
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Not investment advice — a structured read of historical fundamentals, not a forecast or recommendation. Always do your own research.
Exhibit C Raw Data (last 10 years)
| Metric | Trend | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / ShareBV/S | $0.44 | $0.84 | $1.03 | $1.69 | $1.69 | $2.17 | $0.92 | $2.08 | $2.47 | $3.51 | $4.81 | $4.81 | |
| Basic EPSEPS | $0.45 | $0.59 | $0.51 | $0.75 | $0.78 | $1.35 | $2.21 | $2.43 | $2.04 | $3.05 | $3.68 | $3.68 | |
| RevenueRevenue | $2,984,493,000 | $3,480,014,000 | $4,036,701,000 | $4,568,904,000 | $5,806,424,000 | $6,918,734,000 | $9,211,883,000 | $10,496,056,000 | $9,812,247,000 | $12,156,162,000 | $13,579,476,000 | $13,579,476,000 | |
| Free Cash FlowCash Flow | $727,955,000 | $1,041,071,000 | $1,162,173,000 | $1,022,134,000 | $1,626,175,000 | $1,953,398,000 | $3,005,382,000 | $3,328,214,000 | $3,031,191,000 | $3,741,694,000 | $3,767,134,000 | $3,767,134,000 | |
| ROIC (%)ROIC | 19.9% | 22.4% | 19.2% | 16.8% | 21.3% | 26.6% | 35.7% | 34.5% | 27.2% | 36.5% | 35.6% | — |
The exact underlying data used to compute the growth rates and grades above. The highlighted TTM column is the trailing twelve months through the most recently reported quarter.
Ticker INVESTigator Price Target
Analyst Data
Price Target
Where the stock trades today vs. the range of 12-month price targets from covering analysts.
44 firms rate it — 28 buy, 14 hold, 2 sell · Most recent Oct 2026
KLAC Stock FAQ
What is KLAC's stock price target?
The average 12-month analyst price target for KLAC is $223.88, with a range of $180.00 to $325.00. That is +30.9% from the current price of $171.08.
Do analysts rate KLAC a buy?
Most rate it a buy. Of 44 firms covering KLA, the ratings are 28 buy or strong buy, 14 hold and 2 sell or strong sell.
How fast is KLA growing?
Annual growth rates for KLAC. EPS: 23.3% over 10 years, 22.2% over 5 years, 13.1% over 1 year. Revenue: 16.4% over 10 years, 14.4% over 5 years, 11.7% over 1 year. Free cash flow: 17.9% over 10 years, 14.0% over 5 years, 0.6% over 1 year. Book value per share: 27.0% over 10 years, 17.2% over 5 years, 36.1% over 1 year.
What is KLAC's ROIC?
KLA's return on invested capital (ROIC) was 35.6% in fiscal 2026. Its 10-year average ROIC is 27.6%. ROIC above 10% is generally a sign of a business with a durable competitive advantage.
What is KLAC's P/E ratio?
KLAC's current P/E ratio is 46.4, compared with a historical average of 31.0. Trailing earnings per share are $3.68.
What is KLA's market cap and stock price?
KLAC last traded at $171.08 as of October 19, 2026. Its 52-week range is $107.20 to $307.37. KLA has a market cap of $223.26B.
Exhibit D Related Coverage
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Data as of October 19, 2026. Findings are derived from historical fundamentals — not a forecast, not advice. Cross-examine before you invest.
Grades are produced by Ticker INVESTigator's own model from public financial data and are for informational and educational purposes only. They are not investment advice or a recommendation to buy or sell any security. Do your own research.