Morgan Stanley cuts target for KLA Corporation stock to USD 227

Published on 10/27/2026 at 17:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 15.2 percent to USD 3.66 billion. KLA Corporation stock costs EUR 137.00 on October 27, 2026, minus 0.39 percent versus the Xetra close.

Analyst target and dates

Morgan Stanley cut its KLA target to USD 227.00 on October 5, 2026.
June-quarter revenue reached USD 3.66 billion, up 15.20 percent year over year.
KLA Corporation stock costs EUR 137.00 at Lang & Schwarz, minus 0.39 percent versus the October 27, 2026 Xetra close.
KLA will publish first-quarter fiscal 2027 results on October 28, 2026.

KLA Corporation, US4824801009, Illustration mit AI erstellt.

KLA Corporation (ISIN US4824801009) is facing a lower analyst target ahead of its next earnings report. On October 5, 2026, Morgan Stanley cut its target from USD 253.00 to USD 227.00 while keeping an Overweight rating, as reported by MarketScreener. At Lang & Schwarz, the stock was at EUR 137.00 on October 27, 2026 at 5:42 p.m. CEST, minus 0.39 percent versus the Xetra close of October 27, 2026 at EUR 137.54.

June-quarter revenue reached USD 3.66 billion

The latest reported quarter delivered a stronger operating base than the target revision alone suggests. The Earnings Madness lists June-quarter revenue at USD 3.66 billion, up 15.20 percent from the prior year, with net income of USD 1.36 billion, up 13.30 percent, for the period ended June 30, 2026. The same report places fiscal 2026 revenue at USD 13.60 billion, up 11.70 percent year over year.

Price sits 47.77 percent below its high

The EUR 137.00 Lang & Schwarz quote is 47.77 percent below the EUR 262.25 52-week high and above the EUR 93.65 low, both dated October 27, 2026. KLA Corporation carries a price-to-earnings ratio of 40.77 and a market capitalization of USD 194.70 billion as of October 26, 2026. The valuation leaves the upcoming report important for testing whether earnings growth can support the multiple.

What comes next for valuation?

KLA announced on October 1, 2026 that it will publish first-quarter fiscal 2027 results and hold its webcast on October 28, 2026, according to KLA. The scheduled release follows the June-quarter revenue increase and gives investors a near-term test of the company outlook. The next two calendar items are the earnings release and webcast, both on October 28, 2026.

Comparison with peers

KLA Corporation: minus 0.39 percent versus the Xetra close, P/E 40.77, market capitalization USD 194.70 billion. Applied Materials (Nasdaq, USD): up 2.07 percent, P/E 34.20, market capitalization USD 314.00 billion. Lam Research (Nasdaq, USD): up 1.02 percent, P/E 35.85, market capitalization USD 300.20 billion. The peer figures are dated October 27, 2026 at 12:42 p.m. EDT.

Stock trades after the Xetra close

KLA combines a June-quarter revenue increase of 15.20 percent with a valuation that remains above the two named equipment peers on the supplied P/E figures. The lower Morgan Stanley target adds a specific benchmark for the October 28 results.

The further course of trading is shown by the continuously updated real-time quote of KLA Corporation stock.