Zacks downgrades KLA Corporation stock to Hold

Published on 10/01/2026 at 11:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Zacks moved KLA from Strong Buy to Hold on September 30, 2026. KLA Corporation stock costs EUR 176.73 after EUR 172.62, plus 2.38 percent.

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KLA Corporation stock (ISIN US4824801009) was trading at EUR 176.73 at Lang & Schwarz on October 1, 2026 at 11:40 a.m. CEST, up 2.38 percent versus the prior close of EUR 172.62. MarketBeat reported that Zacks downgraded KLA from Strong Buy to Hold in a research note dated September 30, 2026. The change puts fresh emphasis on valuation alongside the company's strong operating outlook.

Analyst view turns more cautious

The downgrade contrasts with a broader consensus that remains moderately bullish. According to MarketBeat on September 30, 2026, 19 analysts rated KLA Buy and 10 rated it Hold, with an average 12-month target of USD 222.22.

That split matters because the target is stated in USD, while the German investor reference price is in EUR. The two figures should not be combined into a single return calculation, but the rating change shows that expectations are becoming less uniform after a strong run in semiconductor equipment.

Revenue and guidance point higher

KLA's fiscal fourth quarter ended June 30, 2026, produced revenue of USD 3.66 billion, up 15.20 percent year over year. Adjusted earnings per share reached USD 1.05 against a USD 1.00 consensus estimate, while GAAP diluted earnings per share were USD 1.04, according to Fortune in its July 28, 2026 earnings transcript.

Management guided fiscal first-quarter 2027 revenue to USD 4.00 billion, plus or minus USD 200.00 million, and forecast GAAP diluted earnings per share of USD 1.14, plus or minus USD 0.10. The September-quarter outlook therefore stands above the USD 3.66 billion reported for the June quarter at its midpoint, giving the operating trend a concrete test in the next report.

Next report has a fixed date

MarketBeat lists KLA's next earnings report for October 28, 2026, after the market closes. The date gives investors a defined checkpoint for testing the USD 4.00 billion revenue outlook and the balance between growth and valuation concerns.

Stock advances in trading

KLA stock was trading at EUR 176.73 at Lang & Schwarz on October 1, 2026 at 11:40 a.m. CEST, plus 2.38 percent versus the prior close of EUR 172.62. The primary listing is on Nasdaq, where the finance quote dated September 30, 2026 showed a market capitalization of USD 254.6 billion and a 52-week range of USD 98.10 to USD 307.37. The further course of trading is shown by the continuously updated real-time quote of KLA Corporation stock.