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
Price, fair value, and the multiples that frame it on the same time axis. Scroll over the price chart to zoom.
Daily closes. Earnings/event dots inline.
A consensus fair price across 12 valuation methods, at three horizons. As of 2026-09-04. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $186 KLAC trades at 49× p/e, in line with its 47× p/e peer median — but our blended $261 fair value sits well above the price. It's a high-confidence read. Analysts target $180–$2,500. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
Score 100 = cheapest in the cohort, 0 = richest. Bars are filled left-to-right based on the peer-relative score (or PEG/self-history where shown).
Each method's implied share price per horizon. Provisional rows use a projected (historical-CAGR) growth input rather than analyst or management guidance.
| Method | Horizon | Est. price | Multiple | Per-share input | EPS source | Confidence |
|---|---|---|---|---|---|---|
| analyst target | 12M | $253.00 | — | — | Analyst | high |
| dcf fcfe | 12M | $850.16 | — | — | Hist. CAGR | high |
| dcf fcff | 12M | $1056.47 | — | — | Hist. CAGR | high |
| ddm gordon | 12M | $90.81 | — | — | TTM | high |
| graham number | 12M |
A “consensus-then vs. actual-now” overlay is on the way — what our valuation estimate said on a past date versus where the price actually landed.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A long-thesis check that carries the widest uncertainty of the three horizons.
Above average on quality vs scored peers
A second lens on the 12-month fair value: for companies that score high on measured quality (profitability, balance-sheet safety, earnings stability), this read trusts more of today's profit margins instead of averaging them toward their multi-year history the way the headline number does. Shown alongside the fair value above, not in place of it. A diagnostic, not a price target or a buy/sell signal.
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
$180.00 – $2500.00 (median $253.00) · 23 analysts · as of 2026-09-01
Only weak execution quality — not the full expensive x weak x turbulent stack. Regime (Mania) does not concentrate fragility.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Roughly priced in line with peers.
Self-history needs ~20 months of data.
Trailing four: 2025-Q3, 2026-Q1, 2026-Q2, 2026-Q3
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
| $63.85 |
| — |
| — |
| TTM |
| high |
| Peer EV/EBITDA | 12M | $1093.60 | 34.8 | 32.35 | TTM | high |
| Peer P/FCF | 12M | $1349.93 | 47.2 | 28.59 | TTM | high |
| Peer P/E | 12M | $177.31 | 47.2 | 3.76 | TTM | high |
| Peer P/S | 12M | $473.44 | 4.6 | 103.07 | TTM | high |
| PEG | 12M | $49.59 | 13.2 | 3.76 | TTM | high |
| residual income | 12M | $42.91 | — | — | TTM | high |
| triangulated | 12M | $184.46 | 47.2 | 3.91 | Triangulated | high |
| Peer P/E | 3Y | $374.91 | 47.2 | 7.95 | Analyst | medium |
| Peer P/S | 3Y | $899.30 | 4.6 | 195.78 | Analyst | medium |
| PEG | 3Y | $104.86 | 13.2 | 7.95 | Analyst | medium |
| Peer P/E | 5Y | $495.81 | 47.2 | 10.51 | Analyst | medium |
| Peer P/S | 5Y | $1189.32 | 4.6 | 258.92 | Analyst | medium |
| PEG | 5Y | $138.68 | 13.2 | 10.51 | Analyst | medium |