KLAC KLA Corporation
KLA Corporation (KLAC) trend channel, buy level and 3-month target on Trade The Path. Sector: Technology. Listed on NASDAQ. Levels below are fitted to this ticker's own swing highs and lows (Theil–Sen, log-price), then projected 3 months. If this ticker has no settled sample yet, treat the numbers as a geometric read, not a track record. Information only, not financial advice.
Broken down below, rising on both timeframes
Price has closed below the channel. Support has failed — treat the buy target with caution.
Read from the last 12 months of history we hold: rising, drifting more than +100% a year. The target of US$306.66 sits above the nearest ceiling (US$221.43), so reaching it means breaking a line this stock has repeatedly turned at. What would overturn this: a close below US$185.99 — the floor of the channel being read — after which the trend, not the entry, is what was wrong.
- 12 months read from
- US$186.25 – US$221.59 Rising channel, more than +100% a year
- Position in that channel
- -52% below the floor of it — 0% is the floor, 100% the ceiling
What broke this trend
- The fall
- -44% from US$301.1530 June 2026 → 15 Sept 2026
- Whose problem it was
- This company7 of 24 Semiconductors peers fell with it
- Does it resolve?
- Temporary falls like it have resolved on the record
- Regained so far
- 0%of what it lost
- What the record says
- 79% of 54 comparable falls came back, typically in 89 days measured on its own peer group
The trend broke in June 2026: price fell 44% from 301.15 to 168.04 by September 2026, and has regained 0% of that fall since. Its peers did not fall with it, so this was about the company rather than its sector. The wire that week: “Cantor Fitzgerald Maintains Overweight on KLA, Raises Price Target to $325”. Falls like it have resolved: falls of about 44% here have come back to the old high 79% of the time (54 comparable falls), typically in 89 days. On that record the fall is treated as temporary, and the trend lines are fitted to the regime it created rather than through it. Priced from that: 306.66 within 87 days, reached 79% of the time in 54 comparable falls — about 0.95% a day held.
The buy and sell prices below are priced off this recovery rather than off the channel: it is the better expected return per day held once each is charged for the odds of working.
Reported at the time: Cantor Fitzgerald Maintains Overweight on KLA, Raises Price Target to $325 — 29 June 2026
Price history, with the path projected 3 months forward
- Daily close
- Upper trend line (12 months)
- Lower trend line (12 months)
- Dashed after today: projected 3 months
- Our buy
- Our target
Suggested path
Buy now
US$167.42
last close · 16 Sept 2026
Channel buy is US$168.05; last close is the better price available now.
Our target
US$306.66
by 12 Dec 2026
Projected move
83.2%
gross, before costs
Last close is our buy — the best price available now.
The trend broke in June 2026: price fell 44% from 301.15 to 168.04 by September 2026, and has regained 0% of that fall since. Its peers did not fall with it, so this was about the company rather than its sector. The wire that week: “Cantor Fitzgerald Maintains Overweight on KLA, Raises Price Target to $325”. Falls like it have resolved: falls of about 44% here have come back to the old high 79% of the time (54 comparable falls), typically in 89 days. On that record the fall is treated as temporary, and the trend lines are fitted to the regime it created rather than through it. Priced from that: 306.66 within 87 days, reached 79% of the time in 54 comparable falls — about 0.95% a day held. The entry is today's price, not a dip level: the fall is behind it and the evidence measured is what these recoveries paid from here, so waiting for a lower entry would be waiting for something the record does not say is coming. Of 54 comparable falls in Semiconductors, 79% were back at the old high within 89 days of the low, and the ones that got there gave up about 18% along the way — so expect to be underwater before it works. The target is the median level they regained, which is short of the old high of 301.15 because not all of them saw it again. It is a prediction and it is revised the same way any other is: if price loses its 50-day trend and stays below it, the recovery is treated as failed rather than delayed.
- Upper line touches
- 2
- Lower line touches
- 5
- Fit confidence
- 51%
- Fitted
- 16 Sept 2026
About KLA Corporation
KLA Corporation specializes in creating, manufacturing, and distributing advanced solutions vital for process control, process optimization, and yield enhancement throughout the global semiconductor and broader electronics industries. The company organizes its business into four main segments: Semiconductor Process Control, Specialty Semiconductor Process, PCB, Display and Component Inspection, and an 'Other' category. For integrated circuit (IC) fabrication, KLA offers a comprehensive range of products. These include systems for wafer inspection, review, and metrology; defect inspection and metrology for both wafers/substrates and reticles; chemical and materials quality analysis tools; and real-time process management and wafer handling diagnostics essential for IC and original equipment manufacturer (OEM) production. Furthermore, the company develops software for live process control, defect excursion identification, process corrections, and defect classification. KLA also supplies refurbished and remanufactured equipment. Beyond IC manufacturing, KLA supports specialty semiconductor production. This includes benchtop metrology, surface characterization, and electrical property measurement services suitable for general-purpose and laboratory use. They also provide technologies and solutions for etching, plasma dicing, deposition, and various other wafer processing tasks within the semiconductor and microelectronics sectors. Within the printed circuit board (PCB) market, KLA delivers solutions such as direct imaging, inspection, optical shaping, additive printing, and computer-aided manufacturing and engineering. For the display industry, their offerings encompass inspection and electrical testing systems to pinpoint and categorize defects, as well as equipment for defect repair. KLA also supplies inspection and metrology systems designed to improve quality control and yield in both advanced and conventional semiconductor packaging markets. Established in 1975, the company was initially known as KLA-Tencor Corporation before rebranding as KLA Corporation in July 2019. Its corporate headquarters are situated in Milpitas, California.
- Sector
- Technology
- Industry
- Semiconductors
- CEO
- Richard Wallace
- Employees
- 17,100
- Country
- US
Scorecard
Our own pillar scores, computed from the fundamentals below. They are not Morningstar ratings — that data is licensed and we do not redistribute it.
- Valuation
- —
- Profitability
- —
- Financial health
- —
- Cash generation
- —
Key statistics
- Market cap
- US$235.97B
- Enterprise value
- —
- Beta
- 1.44
- Avg volume
- 13.02M
- Revenue per share
- —
- Dividend yield
- —
- 52-week range
- 96.699-307.37
- Exchange
- NASDAQ
Key ratios
- P/E (TTM)
- —
- PEG
- —
- Price / sales
- —
- Price / book
- —
- EV / EBITDA
- —
- Gross margin
- —
- Operating margin
- —
- Net margin
- —
- Current ratio
- —
- Quick ratio
- —
- Debt / equity
- —
- Interest cover
- —
Income statement
Balance sheet
Cash flow
Trend lines are fitted statistically to past swing highs and lows and projected forward on the assumption the same rhythm continues. It often does not. This is information, not advice.