KLA Corporation (KLAC)
NASDAQInformation TechnologySemiconductorsSnapshot 2026-09-04
$185.60+7.32%
Close 2026-09-04 · 1-day change
NASDAQInformation TechnologySemiconductorsSnapshot 2026-09-04
QuarterlyIQ Insights · KLAC
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -28.9% |
| Our one-year growth estimate | diamond | 29.2% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 58.1 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-09-04 · Compared with 71 industry peers · Company calendar date is not available
KLAC — dividend update
Dated 2026-08-06
Other Events. On August 6, 2026, KLA Corporation (the “Company”) issued a press release announcing that the Company’s Board of Directors declared a cash dividend of $0.23 per share on the Company’s common stock. Such dividend shall be payable on September 1, 2026 to stockholders of record as of the close of business on August 17, 2026. A copy of the press release is attached to this Current Report on Form 8-K as Exhibit 99.1.
Why it matters: Keeping gross margins high shows good cost control and helps make more money.
Supportive ifGAAP gross margin reported above 61.6%, confirming strong cost control.
Worry ifGAAP gross margin was below 60.6%, which shows possible cost issues.
Why it matters: If KLA does a stock buyback, it shows they trust their finances. It also shows they care about their shareholders.
Supportive ifKLA completed a big part of the $7 billion stock buyback program.
Worry ifKLA does not complete the stock buyback, which raises concerns about cash flow.
Why it matters: Growing revenue is very important for management. It shows KLA's position in the market and demand.
Watch forRevenue growth reported above 4% year over year in Q3 earnings on July 30, 2026.
Also watch forRevenue growth reported below 2% year over year in Q3 earnings.
Why it matters: A steady dividend shows trust in cash flow and ongoing returns to shareholders.
Supportive ifDividend remains at $0.23 per share in the next declaration.
Worry ifDividend is cut or not maintained at $0.23 per share.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$263 on $10,000 · ±2.6% | How much price usually moves either way. |
| Bad day | $592 loss on $10,000 · 5.9% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $4,359 loss on $10,000 · 43.6% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: A steady dividend would show KLA's commitment to giving back to shareholders.
Supportive ifKLA declares a quarterly dividend of $0.23 per share after the stock split.
Worry ifKLA does not declare the expected dividend, which suggests cash flow issues.
Why it matters: Growth in AI infrastructure is a key driver for KLA's future. It shows the company's relevance in a growing market.
Supportive ifRevenue growth from AI infrastructure exceeds 10% year over year.
Worry ifRevenue growth from AI infrastructure is below 5% year over year.
Why it matters: More share buybacks show good use of money and trust in the company.
Supportive ifThe company spent over $571 million on share buybacks. This shows they want to return money.
Worry ifShare buybacks were below $500 million, showing less effort to return capital.
Why it matters: Revenue growth is a key priority. Falling below this level raises concerns about demand.
Worry ifQ2 revenue growth reported below 5% year over year.
Less concerning ifQ2 revenue growth reported at or above 5% year over year.
Why it matters: EPS targets matter for investor confidence. Missing these targets can cause worries.
Worry ifReported EPS falls more than 10% below targets.
Less concerning ifReported EPS meets or exceeds targets.
Why it matters: Revenue growth is a key priority. It shows how well KLA is performing in a competitive market.
Watch forQ4 revenue growth reported above 10% year over year.
Also watch forQ4 revenue growth reported below 5% year over year.
Why it matters: The stock split makes shares easier to buy. More shares could bring in more investors.
Supportive ifTrading volume increases by at least 20% in the month following the stock split.
Worry ifTrading volume decreases or remains flat in the month following the stock split.
Why it matters: The stock split aims to improve share accessibility and liquidity. This could attract more investors.
Supportive ifIncreased trading volume or share price stability after the split on June 12, 2026.
Worry ifTrading volume goes down or share price swings go up after a split.
Why it matters: A steady rise in dividends shows KLA is doing well. It gives investors confidence in KLA's spending.
Supportive ifThe board declares a dividend of at least $0.23 per share in August 2026.
Worry ifThe board may not declare a dividend. They might also declare a lower dividend than expected.
Why it matters: Updates on share buybacks show KLA's plan to share profits and trust in its stock.
Supportive ifAnnouncement of more share buybacks in Q1 FY 2027.
Worry ifNo updates or a drop in share buyback activity.
Why it matters: Meeting or exceeding this revenue guidance shows strong demand in AI and advanced packaging. It confirms management's growth strategy.
Supportive ifQ1 fiscal 2027 total revenues were $4.0 billion or more.
Worry ifQ1 fiscal 2027 total revenues were below $3.8 billion.
Why it matters: This dividend shows KLA's promise to give back to shareholders. It shows financial health.
Supportive ifDividend payment of $0.23 per share is successfully made on September 1, 2026.
Worry ifThe dividend payment is delayed or canceled.
Why it matters: Gross margins above 60% show KLA can manage costs well while growing. This shows strength.
Supportive ifGAAP gross margin reported at or above 61.6% for Q1 fiscal 2027.
Worry ifGAAP gross margin reported below 60.6% for Q1 fiscal 2027.