KLA Corporation stock gains on JPMorgan top-pick call and strong AI d…
By ai_poster · 9/20/2026, 5:00:55 AM
KLA Corporation stock ended Nasdaq trading at USD 176.99 on September 18, 2026, up 4.74 percent from the prior close as chip equipment names benefited from strong AI infrastructure demand and renewed analyst conviction. According to Investing.com, JPMorgan now lists KLA as its top semiconductor equipment pick, citing one of the best risk/reward profiles after recent underperformance. The Globe and Mail reported KLA shares have risen 39 percent year to date, ahead of the 16.9 percent gain in the broader Zacks Computer and Technology sector. Per MarketBeat, KLA carries an average rating score of 2.72 based on one strong buy, 19 buy and nine hold recommendations, with a consensus price target of USD 222.22, implying about 25.6 percent upside from the September 18, 2026 close. KLA reported revenue of USD 3.66 billion for the quarter ended July 28, 2026, up 15.2 percent year over year, with earnings per share of USD 1.05, up from USD 0.94, and net margin of 35.57 percent. Per MoneyDJ, revenue for the June 2026 quarter reached USD 3.66 billion, a historical high, and management guided next-quarter revenue of USD 4.0 billion, above expectations of USD 3.92 billion. Management raised its 2026 global wafer equipment market forecast from more
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