
KLA-Tencor (KLAC) Stock Forecast & Price Target
KLA-Tencor (KLAC) Analyst Ratings
Bulls say
KLA Corporation is projected to experience significant growth, driven by a strong demand outlook for DRAM and NAND products, anticipated to increase revenue in these segments by approximately $1-2 billion year-over-year. The company is expected to see its foundry sales rise to 75% of total revenue, with memory sales comprising the remaining 25%, highlighting its strategic positioning in a shifting market landscape. Additionally, KLA's advanced packaging revenue forecast has been raised to over $925 million, marking a 70% year-over-year increase, with a robust $11 billion advanced packaging market anticipated to grow at around 20% annually, reinforcing KLA's growth prospects in the semiconductor wafer fabrication equipment sector.
Bears say
KLA faces a negative outlook due to anticipated declines in revenue from its significant market presence in China, projected to decrease from approximately 31% in CY25 to 25% in CY26, reflecting overall market challenges. Additionally, the company expects a modest decline in revenue in December Q, with potential adverse effects stemming from the recent BIS rule that could lead to a $300 million reduction in China revenue between C4Q25 and C4Q26. Furthermore, the weak demand for semiconductor wafer fabrication equipment, compounded by adjusted WFE forecasts dropping below $107 billion in 2025, indicates a potential decline in KLA's market share to 6-7% by 2026, contributing to an overall bearish outlook.
This aggregate rating is based on analysts' research of KLA-Tencor and is not a guaranteed prediction by Public.com or investment advice.
KLA-Tencor (KLAC) Analyst Forecast & Price Prediction
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