Based on the provided data and market analysis, here's a projection for KLAC's stock price in 2030:
KLAC's stock price is projected to reach $1,450-$1,550 by 2030, driven by the company's strong position in the semiconductor equipment industry and increasing demand for advanced chip manufacturing solutions. The forecast is supported by KLAC's robust market performance, with recent analyst ratings showing a price target of $880 in the near term, and the company's consistent revenue growth as evidenced by their latest quarterly revenue of $2.84 billion.
The semiconductor industry's continued expansion, particularly in artificial intelligence and advanced chip manufacturing, provides strong tailwinds for KLAC's growth, as demonstrated by Taiwan Semiconductor Manufacturing Co's aggressive capital expenditure plans.