KLA Corporation stock falls to EUR 170.90, 34.8 percent below its high

Published on 10/12/2026 at 16:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

KLA Corporation stock has P/E 52.0 and USD 224.7 billion value. EUR 170.90 was 2.71 percent below EUR 175.66 at Xetra on October 9, 2026.

Key points in brief

KLA Corporation stock was at EUR 170.90 at Lang & Schwarz on October 12, 2026, down EUR 4.76 or 2.71 percent versus the October 9 Xetra close.
The stock trades at a P/E of 52.0, with market capitalization of USD 224.7 billion and a EUR 86.25 to EUR 262.25 52-week range.
Morgan Stanley cut its target from USD 253 to USD 227 while retaining an Overweight rating on October 6, 2026.
KLA is scheduled to report first-quarter fiscal 2027 results on October 28, 2026.

Aquarellbild eines Technologie-Campus mit Palmen, See und Bergen im Hintergrund — Aquarellmalerei zeigt Firmensitz-Landschaft von KLA Corporation ISIN US4824801009 mit Bürogebäuden, Palmen und Bergpanorama, Illustration mit AI erstellt.

KLA Corporation (ISIN US4824801009) was at EUR 170.90 at Lang & Schwarz on October 12, 2026 at 4:30 p.m. CEST, down EUR 4.76 or 2.71 percent versus the Xetra close of October 9, 2026 at EUR 175.66. The intraday price places the stock 34.83 percent below its EUR 262.25 52-week high.

Price sits below yearly high

The current euro quote remains inside KLA's EUR 86.25 to EUR 262.25 52-week range as of October 12, 2026. The distance to the high is a valuation and expectations marker, especially because the stock's P/E is 51.98 and its market capitalization is USD 224.7 billion.

The quote also sits alongside lighter trading activity. KLA.DE volume was 240 shares at the finance-data timestamp of October 12, 2026, against an average volume of 2,785 shares. The Nasdaq-listed company develops process-control and process-enabling equipment and services for wafer, reticle, integrated-circuit, packaging and printed-circuit-board manufacturing, according to KLA Corporation.

Valuation meets analyst reset

On October 6, 2026, Morgan Stanley lowered its KLA price target to USD 227 from USD 253 while retaining an Overweight rating, according to Investing.com. The revised target is a dollar-based analyst reference and is therefore separate from the euro quote used in this report.

The same report said Morgan Stanley raised its calendar-year 2027 KLA revenue forecast to USD 21.4 billion from USD 20.4 billion and lifted its earnings-per-share estimate to USD 6.77 from USD 6.23. That combination captures the market tension in the stock: operating expectations improved, while the valuation multiple applied to those expectations fell.

Comparison with peers

KLA Corporation: minus 2.71 percent, P/E 51.98, market capitalization USD 224.7 billion

Applied Materials (Nasdaq, USD): minus 1.89 percent, P/E 42.85, market capitalization USD 395.0 billion

Lam Research (Nasdaq, USD): minus 2.45 percent, P/E 54.07, market capitalization USD 389.0 billion

Next results arrive October 28

KLA announced on October 1, 2026 that it will review first-quarter fiscal 2027 earnings on October 28, 2026 at 2:00 p.m. Pacific time, with results released after the market close, according to KLA Corporation. The next report will test whether the higher revenue outlook can support the premium valuation reflected in the P/E.

Trading snapshot remains negative

KLA Corporation was trading at EUR 170.90 at Lang & Schwarz on October 12, 2026 at 4:30 p.m. CEST, down EUR 4.76 or 2.71 percent versus the Xetra close of October 9, 2026 at EUR 175.66. The further course of trading is shown by the continuously updated real-time quote of KLA Corporation stock.