Barclays Rates KLA (KLAC) buy, $2,250 Price Target
Barclays has reiterated its buy rating on KLA Corporation, maintaining a target price of $2,250, a 777.47% upside from the current price.
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Barclays rated KLA Corporation ($KLAC) "buy" with a $2,250 price target on June 11, 2026.
Since the rating, $KLAC is up 7.6% after 1 week, down 7.8% after 1 month and down 31.2% to date (from the $240.89 close on Jun 11, 2026).
Key Points
- On June 11, 2026, Barclays reiterated its buy rating on KLA Corporation, with the stock priced at $256.42.
- Barclays's $2,250 price target implies 777.47% upside from KLA Corporation's ($KLAC) current $256.42 share price.
- The stock's price target remains at $2,250, significantly above current trading levels.
- KLA Corporation is valued at $240.4 billion, with a P/E ratio of 50.3 and an upcoming earnings report on October 28, 2026.
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Barclays Sticks with Buy Rating
On June 11, 2026, Barclays reiterated its buy rating on KLA Corporation (NasdaqGS: KLAC), maintaining a price target of $2,250. The stock was priced at $256.42 at the time of this announcement.
Analysts Set New Price Targets
With this reiteration, Barclays expresses confidence in KLA's future performance, especially considering the current market dynamics in the semiconductor equipment industry. The firm believes the stock has strong potential for growth despite its current price.
Other Analysts Weigh In
Multiple analysts have also expressed their views on KLA Corporation recently. On October 6, 2026, Morgan Stanley maintained an Overweight rating, reducing its price target to $227 from $253. Meanwhile, UBS kept a Neutral rating with a target drop to $200 from $215. Stifel maintained a Buy rating but adjusted its target down to $250 from $270. Overall, analysts have set price targets ranging from $180 to $325 for KLA, indicating a varied outlook on the stock's future performance.
How KLA Corporation Stock Has Traded
KLA's stock price of $256.42 is above its recent trading range but remains below its 52-week high of $307.37. The stock had previously closed at $176.99, marking a substantial recovery. This recent activity highlights investor interest and potential volatility as the market reacts to analyst ratings and forecasts.
$KLAC price target
KLA Corporation daily closes and this analyst's $2,250 target. Not advice.
Recent Earnings
In its last earnings report, KLA Corporation posted revenues of approximately $13.6 billion, reflecting a revenue growth of around 15.2%. The next earnings report is scheduled for October 28, 2026, which should provide more insights into the company’s financial health.
What KLA Corporation Does
KLA Corporation, headquartered in Milpitas, California, specializes in process control and process-enabling solutions for semiconductor manufacturing. With around 17,000 employees, it serves clients globally across the semiconductor and electronics sectors. The reaffirmation of Barclays' buy rating signals confidence in KLA's role in this critical industry.
What's Next for KLA
Investors will be watching KLA closely as it approaches its next earnings date. The recent analyst ratings and the reaffirmed target from Barclays suggest ongoing interest in KLA's performance in a competitive market. Remember that the 13F filing from Barclays and other institutional holdings reflects past positions, and market conditions can shift rapidly.
Source: Barclays's rating change on $KLAC (Jun 11, 2026). Written by software, not financial advice. How we make alerts
