B+
Bull case
25%
Probability
Target price
$225.00
Analysis reference price unavailable
Analysis 2026-07-31 · RankAlpha Sentiment Codex
KLAC
KLACNasdaq / Semiconductors & Semiconductor Equipment
Last Price
Quote time unavailable
Current thesis
Q4 FY2026 revenue reached $3.658 billion and management guided Q1 FY2027 revenue to approximately $4.0 billion, while management described accelerating AI-related demand across foundry/logic, memory, and advanced packaging [#SEC-8K-2026-07-28].
Posture
Mixed
Lead driver
Sentiment
What changed
9 setup hits (3d) with net bullish as of 2026-09-10.
What can break
Elevated DRAM component costs and less favorable product mix may pressure gross margin.
Momentum
44
Value
53
Sentiment
63
Setup hits (3d)
9 · Net Bullish
AI TargetsBase $205.00 · Bull $225.00 · Bear $155.00Analysis 2026-07-31; returns require an exact persisted reference.
Data freshness
Prices
Unavailable: Price unavailable
Fundamentals
As of 2026-08-17 • Vendor: Data Vendor v1
Scores
As of 2026-09-10 • Model: HYBRID_IC_RP
AI Memo
As of 2026-07-31 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-09-10
Investment thesis
As of 2026-09-10
Grade is the composite factor band; factor scores use a 0–100 scale. Confidence describes evidence quality, not a probability of return. Score date: 2026-09-10. Definitions
Supporting evidence
What
Grade C · Mixed
Confidence Medium · Net Bullish
Target $239.00
Why
Momentum44 · Δ7d +38.2
Value53 · Δ7d -0.0
Sentiment63 · Δ7d -5.3
So what
Balanced signals (Net Bullish). Wait for confirmation before sizing up.
Confirming evidence
- • 9 setup hits (3d) with net bullish as of 2026-09-10.
- • Sentiment remains the lead driver in the composite, 7D delta -5.3.
Contradictions & invalidation
- • Elevated DRAM component costs and less favorable product mix may pressure gross margin.
- • High valuation leaves the shares sensitive to guidance, estimates, and semiconductor-equipment multiple compression.
- • The July 29 market reaction was negative despite the reported beat and guidance, suggesting expectations and valuation remained demanding.
Catalyst clock
2026-08-31
Valuation and margin sensitivity
Lead driver: Sentiment · See AI snapshot
Momentum
44
9% active weight
Current posture
7d trendImproving
Δ7d
+38.2
Δ21d
+25.1
Value
53
28% active weight
Current posture
7d trendFlat
Δ7d
-0.0
Δ21d
-2.5
Sentiment
63
62% active weight
Current posture
7d trendSoftening
Δ7d
-5.3
Δ21d
+1.8
Why this grade
Composite grade C. Momentum 43.7 / Value 52.9 / Sentiment 62.7
Scenario snapshot
Scenario probability is memo-authored likelihood, not forecast certainty. Targets belong to the analysis dated 2026-07-31. Scenario method
Most likely
B
Base case
50%
Probability
Target price
$205.00
Analysis reference price unavailable
Analysis 2026-07-31 · RankAlpha Sentiment Codex
B-
Bear case
25%
Probability
Target price
$155.00
Analysis reference price unavailable
Analysis 2026-07-31 · RankAlpha Sentiment Codex
Fundamentals (TTM)As of 2026-08-17
Fundamentals (TTM)
As of 2026-08-17
Market Cap
$268.84B
Beta
1.46
Shares Out
1.31B
P/E (TTM)
42.5
P/S (TTM)
14.19
P/FCF (TTM)
61.02
Rev YoY
+15.2%
EPS YoY
+14.4%
Gross Margin
+60.1%
Op Margin
+41.7%
Net Debt
$1.25B
Current Ratio
2.82
As of 2026-09-10 • Updated nightlySource: Internal modelMethods & Data