KLA Corporation stock falls 2.24 percent despite 15.00 percent growth

Published on 09/28/2026 at 16:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

KLA Corporation stock traded at USD 183.71 on Nasdaq on September 28, 2026. June revenue reached USD 3.66 billion, while September guidance targets USD 4.0 billion.

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KLA Corporation (ISIN US4824801009) stock was trading at USD 183.71 on Nasdaq on September 28, 2026, down 2.24 percent from the prior close. The June quarter delivered record revenue and fresh guidance for a stronger September period, according to Yahoo Finance.

Revenue reaches USD 3.66 billion

For the quarter ended June 30, 2026, KLA reported revenue of USD 3.66 billion, up 7.00 percent sequentially and 15.00 percent year over year, while GAAP diluted EPS came in at USD 1.04, according to Yahoo Finance. GAAP net income was USD 1.36 billion, gross margin was 62.40 percent and operating margin was 43.70 percent in the same period.

Management guided for September-quarter revenue of USD 4.0 billion plus or minus USD 200 million, with GAAP diluted EPS of USD 1.14 plus or minus USD 0.10, Yahoo Finance reported from the July 28, 2026 earnings call. The midpoint of the revenue range is 9.36 percent above June-quarter revenue, raising the execution bar for the next report.

Analyst targets pull in opposite directions

UBS cut its KLA price target from USD 215.00 to USD 200.00 and maintained a Neutral rating in a September 1, 2026 research update, according to MarketScreener. The reduction contrasts with the broader sell-side consensus.

MarketBeat lists a Moderate Buy consensus from 29 brokerages and an average 12-month target of USD 222.22. That target is 20.96 percent above the September 28 price, while the UBS target is 8.87 percent above it, showing how valuation expectations differ even as operating figures improve.

Stock trades below its yearly high

KLA shares were trading 40.22 percent below the 52-week high of USD 307.37 and 87.27 percent above the 52-week low of USD 98.10 on September 28, 2026. The company carried a market capitalization of USD 240.0 billion and trading volume of 2,396,633 shares at the quoted time.

September 28 price snapshot

KLA Corporation stock was trading at USD 183.71 on Nasdaq on September 28, 2026, at 10:56 a.m. ET, down 2.24 percent from the prior close of USD 187.92. For investors, the next test is whether the USD 4.0 billion September-quarter revenue midpoint can support the premium embedded in the USD 222.22 consensus target.