B+
Bull case
0%
Probability
Target price
$180.00
Analysis reference price unavailable
Analysis 2026-10-23 · RankAlpha Sentiment Codex
KLAC
KLACNasdaq / Semiconductors & Semiconductor Equipment
Last Price
Quote time unavailable
Current thesis
Fiscal Q4 revenue of $3.66 billion exceeded the midpoint of company guidance; quarterly operating cash flow was $906 million. Management linked growth to leading-edge foundry/logic, memory and advanced packaging and anticipated momentum into 2027 [#SEC-8K-2026-07-28].
Posture
Mixed
Lead driver
Sentiment
What changed
Next scheduled catalyst: earnings 2026-10-28 · AMC.
What can break
Fiscal Q1 revenue below KLA’s $3.8 billion–$4.2 billion guide or non-GAAP gross margin below its 61.5%–63.5% guide [#SEC-8K-2026-07-28].
Momentum
35
Value
54
Sentiment
57
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $155.00 · Bull $180.00 · Bear $115.00Analysis 2026-10-23; returns require an exact persisted reference.
Earnings
45 · Non-qualifying
Next 2026-10-28 · AMC
Data freshness
Prices
Unavailable: Price unavailable
Fundamentals
As of 2026-10-26 • Vendor: Data Vendor v1
Scores
As of 2026-10-27 • Model: HYBRID_IC_RP
AI Memo
As of 2026-10-23 • Model: RankAlpha Sentiment Codex
Earnings Setup
As of 2026-10-27 • RankAlpha AI
Investment thesisAs of 2026-10-27
Investment thesis
As of 2026-10-27
Grade is the composite factor band; factor scores use a 0–100 scale. Confidence describes evidence quality, not a probability of return. Score date: 2026-10-27. Definitions
Supporting evidence
What
Grade C · Mixed
Confidence Medium · Net Neutral
Target $237.50
Why
Momentum35 · Δ7d -11.4
Value54 · Δ7d +0.8
Sentiment57 · Δ7d -20.6
So what
Balanced signals (Net Neutral). Wait for confirmation before sizing up.
Earnings surprise screen
45Non-qualifying2026-10-28 amc
Consensus EPS and revenue estimates were available and KLA's July release described strengthening process-control demand linked to AI infrastructure, with recent historical beats. But the estimate-revision check did not confirm a positive current EPS revision or ESP, and the pre-event tape showed a sharp October selloff and a large-volume down session; a one-day rebound does not offset that weak setup.
Screen as of 2026-10-27. Window 2026-10-27 to 2026-11-02.
Confirming evidence
- • Next scheduled catalyst: earnings 2026-10-28 · AMC.
- • Pre-earnings setup: 45 / non-qualifying.
- • Sentiment remains the lead driver in the composite, 7D delta -20.6.
Contradictions & invalidation
- • Fiscal Q1 revenue below KLA’s $3.8 billion–$4.2 billion guide or non-GAAP gross margin below its 61.5%–63.5% guide [#SEC-8K-2026-07-28].
- • Foundry/logic, memory or advanced-packaging investment may not sustain the growth management anticipated into 2027 [#SEC-8K-2026-07-28].
- • The October 28 print must validate the unusually strong sequential revenue guide amid recent equipment-sector selling.
Catalyst clock
2026-10-28 · AMC
Fiscal Q1 2027 results on October 28
Lead driver: Sentiment · See AI snapshot
Momentum
35
8% active weight
Current posture
7d trendSoftening
Δ7d
-11.4
Δ21d
-43.3
Value
54
47% active weight
Current posture
7d trendFlat
Δ7d
+0.8
Δ21d
+0.5
Sentiment
57
45% active weight
Current posture
7d trendSoftening
Δ7d
-20.6
Δ21d
-2.3
Why this grade
Composite grade C. Momentum 34.5 / Value 53.8 / Sentiment 57.2
Scenario snapshot
Scenario probability is memo-authored likelihood, not forecast certainty. Targets belong to the analysis dated 2026-10-23. Scenario method
Most likely
B
Base case
1%
Probability
Target price
$155.00
Analysis reference price unavailable
Analysis 2026-10-23 · RankAlpha Sentiment Codex
B-
Bear case
0%
Probability
Target price
$115.00
Analysis reference price unavailable
Analysis 2026-10-23 · RankAlpha Sentiment Codex
Fundamentals (TTM)As of 2026-10-26
Fundamentals (TTM)
As of 2026-10-26
Market Cap
$194.72B
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 2026-10-27 • Updated nightlySource: Internal modelMethods & Data