KLA Corporation (NASDAQ:KLAC) is one of the 13 Best Extremely Profitable Stocks to Invest in Now.
On January 30, 2026, KLA Corporation (NASDAQ:KLAC) attracted increased attention from analysts when Citi increased its price target from $1,450 to $1,800 while reiterating a ‘Buy’ rating. The bullish analyst stance comes amid a persistent Phase 2 upcycle in wafer fab equipment and potential upside as investor focus continues into 2027.
According to Citi, KLA Corporation (NASDAQ:KLAC)’s commentary on wafer fabrication equipment was largely in line with that of peer Lam Research. This bolstered analyst confidence in the durability of industry spending.
On the same day, RBC Capital reiterated its ‘Sector Perform’ rating on KLA Corporation (NASDAQ:KLAC) and raised its price target from $1,550 to $1,600. Although it noted that management’s low double-digit WFE growth outlook lagged behind Lam Research’s more optimistic expectations, the firm described KLA’s second-quarter performance as solid.
These analyst actions followed the company’s January 29, 2026, fiscal second-quarter earnings release. The quarter featured non-GAAP net income of $1.17 billion, or $8.85 per diluted share, reflecting sequential stability and year-over-year growth. Meanwhile, its differentiated product portfolio and solid company execution helped KLA Corporation (NASDAQ:KLAC) record revenue of $3.30 billion, above the midpoint of the guidance range of $3.225 billion +/- $150 million.
Looking into the third quarter, KLA Corporation (NASDAQ:KLAC) expects revenue of $3.35 billion +/- $150 million and non-GAAP EPS of $9.08 +/- $0.78. Management’s optimism reflects continued momentum driven by AI-related semiconductor investment.
KLA Corporation (NASDAQ:KLAC) provides process control, inspection, metrology, and yield management systems, which are critical to advanced semiconductor manufacturing.
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