KLAC Price Prediction Next Week
Analysis and Insights
News Sentiment and Market Context:
The semiconductor sector, including KLA Corp (KLAC), has faced headwinds due to disappointing earnings reports from key industry players like Micron Technology and Applied Materials. These reports have raised concerns about weaker demand and margin pressures in the chip manufacturing industry. Additionally, geopolitical tensions and tariff concerns have added to the market uncertainty.
Technical Analysis:
KLA Corp (KLAC) is currently trading near its resistance level, with a price of $708.01 as of the latest data. Key technical indicators suggest a bearish trend:
- RSI (14): 48.22, indicating a neutral position but leaning toward bearish momentum.
- MACD: -4.84, showing bearish signals with a negative divergence.
- Fibonacci Levels: The stock is approaching its resistance level of $723.37, with a pivot point at $694.21.
Price Prediction and Recommendation:
Based on the technical indicators and market sentiment, KLA Corp (KLAC) is expected to face selling pressure in the next trading week. The stock is likely to decline toward its support level of $690.
Predicted Price: $690
Recommendation: Sell
KLAC Similar Chart Price Prediction
The price of KLAC is predicted to go up -9.32%, based on the high correlation periods with MRAM. The similarity of these two price pattern on the periods is 94.23%.
KLAC
MRAM
Down: -9.32%Similarity: 94.23%
KLAC Revenue Forecast
KLAC EPS Forecast
KLAC FAQs
What is KLAC revenue forecast for next quarter？
What is KLAC eps forecast for next quarter？
KLAC VS S&P500
KLA dominates the process control market within WFE, with a majority market share more than quadrupling that of its next closest competitor, Applied Materials.
Rising complexity in chips should drive demand for KLA's equipment, including progression to chiplet-based designs, gate all-around transistors, and high-bandwidth memory.
KLA posts the best profit margins and provides the best dividend yield of any WFE firm under our coverage.
KLAC Analyst's Forecast
Shane Brett
Morgan Stanley
Hold → Buy
2025-03-31
Price Target
$748 → $870
Upside
+27.98%
Morgan Stanley upgraded KLA Corp. to Overweight from Equal Weight with a price target of $870, up from $748. The firm expects KLA to outgrow the wafer fab equipment in 2025 and 2026 and sees a "rich catalyst path for a re-rating" of the shares. The company's process control intensity should structurally increase going forward due to larger die sizes and increased design starts, both causes of lower yield, the analyst tells investors in a research note. Morgan Stanley also believes KLA should continue to gain market share in process control, saying the company is first to inflections, has the fundamental technology to enable that, and the data processing capabilities to keep customers.
Blayne Curtis
Jefferies
Strong Buy → Hold
2025-03-28
Price Target
$725
Upside
+7.63%
Joseph Quatrochi
Wells Fargo
Buy
2025-01-31
Price Target
$795 → $870
Upside
+17.85%
