KLAC is trading near its 52-week high with strong YTD increase, stable outlook, but overvalued.
From Zacks Investment Research: 2025-07-02 12:30:00
KLA Corporation (KLAC) shares closed at $898.85, close to their 52-week high of $914.83, with a YTD increase of 42.6%. KLAC has outperformed sector peers, including Garmin, Tokyo Electron, and SMC Corporation. Demand for AI-linked tools and packaging systems is driving KLAC’s advanced revenue projections. Wafer inspection revenues grew 51% YoY to $1.5B, making up nearly half of total revenues. KLAC is expanding packaging tools to support AI growth and scaling EUV and substrate inspection systems. KLAC offers a stable outlook for Q4 and is currently overvalued compared to competitors. KLAC is a Zacks Rank #2 (Buy) with a Growth Score of B.
Read more at Zacks Investment Research: KLAC Trades Near 52-Week High: Should Investors Still Buy the Stock? – July 2, 2025