Latest news with #KLA
Globe and Mail
2 days ago
- Business
- Globe and Mail
KLAC Set to Report Q4 Earnings: How Should You Play the Stock?
KLA Corporation KLAC is set to report its fourth-quarter fiscal 2025 results on July 31. For the fourth quarter of fiscal 2025, KLAC expects revenues of $3.075 billion, plus/minus $150 million. The Zacks Consensus Estimate for revenues is pegged at $3.08 billion, indicating an increase of 19.75% from the year-ago quarter's reported figure. KLA expects non-GAAP earnings of $8.53 per share, plus/minus 78 cents. The consensus mark for earnings is pegged at $8.53 per share, unchanged over the past 30 days, indicating year-over-year growth of 29.24%. KLAC's earnings have surpassed the Zacks Consensus Estimate in the trailing four quarters, the average surprise being 5.81%. Let us see how things have shaped up for the upcoming announcement. Key Factors to Note Ahead of KLAC's Q4 Results KLA's advanced packaging business demonstrates robust growth prospects entering the fourth quarter, driven by increasing complexity in chip integration and expanding AI infrastructure requirements. The segment's revenue trajectory from more than $500 million in calendar 2024 to an anticipated $850 million in 2025 underscores its emergence as a significant performance driver. Strong spending on the development of leading-edge logic nodes, high-bandwidth memory technologies and advanced packaging solutions continues to support KLAC's position in the wafer fabrication equipment sector. The escalating semiconductor complexity from these technological advances positions the company favorably for sustained fourth-quarter momentum. Artificial intelligence (AI) continues serving as a key catalyst for KLA as compute efficiency advancements fuel demand for advanced semiconductors and sophisticated process control solutions. This momentum, combined with sustained investments in leading-edge logic and high-bandwidth memory, is expected to have contributed meaningfully to fourth-quarter performance. The Services division posted $669 million in third-quarter revenues, up 13.3% year over year. Nevertheless, mounting export restrictions and impending tariff implications pose potential constraints on this historically reliable growth engine. Tariff implementations are projected to compress gross margins by roughly 100 basis points in the to-be-reported quarter, with service operations bearing particular impact. Ongoing export licensing uncertainties add another layer of revenue risk for the upcoming quarter. Pillar 2 global tax reforms have elevated KLA's effective tax rate to approximately 14%, negatively impacting profitability. What Our Model Says According to the Zacks model, the combination of a positive Earnings ESP and Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. However, that's not the case here. KLA currently has an Earnings ESP of 0.00% and a Zacks Rank #2. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter. Stocks to Consider Here are some companies worth considering, as our model shows that these have the right combination of elements to beat on earnings in their upcoming releases: Arista Networks ANET currently has an Earnings ESP of +0.19% and sports a Zacks Rank #1. Arista Networks shares are up 3.4% year to date. Arista Networks is set to report its second-quarter 2025 results on Aug. 5. You can see the complete list of today's Zacks #1 Rank stocks here. Ametek AME presently has an Earnings ESP of +4.32% and a Zacks Rank #3. Ametek shares are down 0.1% year to date. Ametek is set to report its second-quarter 2025 results on July 31. Apple AAPL currently has an Earnings ESP of +3.52% and a Zacks Rank #3. Apple shares are down 14.6% year to date. Apple is set to report its third-quarter 2025 results on July 31. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the favorite stock to gain +100% or more in the months ahead. They include Stock #1: A Disruptive Force with Notable Growth and Resilience Stock #2: Bullish Signs Signaling to Buy the Dip Stock #3: One of the Most Compelling Investments in the Market Stock #4: Leader In a Red-Hot Industry Poised for Growth Stock #5: Modern Omni-Channel Platform Coiled to Spring Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. While not all picks can be winners, previous recommendations have soared +171%, +209% and +232%. Download Atomic Opportunity: Nuclear Energy's Comeback free today. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Apple Inc. (AAPL): Free Stock Analysis Report KLA Corporation (KLAC): Free Stock Analysis Report AMETEK, Inc. (AME): Free Stock Analysis Report
Yahoo
2 days ago
- Business
- Yahoo
3 Nasdaq 100 Stocks on Our Watchlist
The Nasdaq 100 (^NDX) is where investors find some of the most innovative and disruptive companies shaping the future. A select few continue to execute at a high level, growing their market dominance and delivering strong returns. The best Nasdaq 100 stocks don't just grow - they dominate, and we're here to help you find them. That said, here are three Nasdaq 100 stocks that could lead the market. Adobe (ADBE) Market Cap: $157.3 billion One of the most well-known Silicon Valley software companies around, Adobe (NASDAQ:ADBE) is a leading provider of software as service in the digital design and document management space. Why Do We Like ADBE? Superior software functionality and low servicing costs are reflected in its best-in-class gross margin of 89.2% Highly efficient business model is illustrated by its impressive 36.4% operating margin, and its profits increased over the last year as it scaled Robust free cash flow margin of 41.8% gives it many options for capital deployment Adobe's stock price of $370.90 implies a valuation ratio of 6.5x forward price-to-sales. Is now the right time to buy? Find out in our full research report, it's free. KLA Corporation (KLAC) Market Cap: $119.3 billion Formed by the 1997 merger of the two leading semiconductor yield management companies, KLA Corporation (NASDAQ:KLAC) is the leading supplier of equipment used to measure and inspect semiconductor chips. Why Are We Bullish on KLAC? Annual revenue growth of 15.6% over the last five years was superb and indicates its market share increased during this cycle Excellent operating margin of 35.9% highlights the efficiency of its business model, and it turbocharged its profits by achieving some fixed cost leverage Impressive free cash flow profitability enables the company to fund new investments or reward investors with share buybacks/dividends At $902.13 per share, KLA Corporation trades at 28.6x forward P/E. Is now the time to initiate a position? See for yourself in our full research report, it's free. Alphabet (GOOGL) Market Cap: $2.34 trillion Started by Stanford students Larry Page and Sergey Brin in a Menlo Park garage, Alphabet (NASDAQ:GOOGL) is the parent company of the eponymous Google Search engine, Google Cloud Platform, and YouTube. Why Is GOOGL a Good Business? Alphabet's dominant Google Search sits on the pantheon of the best businesses ever. This is reflected in its robust long-term revenue growth and elite operating margin. The company's profit margins have become even higher over time, speaking to its scale advantages and operating efficiency not only in its core Search business but also in Google Cloud Platform and YouTube. Revenue growth and increasing operating margins are the key ingredients for strong EPS growth. Google has these, and when also factoring in its share repurchases, you can see why EPS has exploded over the long term. Alphabet is trading at $193.12 per share, or 20.1x forward price-to-earnings. Is now a good time to buy? Find out in our full research report, it's free. Stocks We Like Even More When Trump unveiled his aggressive tariff plan in April 2025, markets tanked as investors feared a full-blown trade war. But those who panicked and sold missed the subsequent rebound that's already erased most losses. Don't let fear keep you from great opportunities and take a look at Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today for free. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
4 days ago
- Business
- Business Insider
KLA (KLAC) Receives a Hold from New Street
New Street analyst Pierre Ferragu maintained a Hold rating on KLA yesterday and set a price target of $935.00. The company's shares closed today at $902.09. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. According to TipRanks, Ferragu is a 5-star analyst with an average return of 18.4% and a 66.67% success rate. Ferragu covers the Technology sector, focusing on stocks such as Cisco Systems, KLA, and ASML Holding NV. In addition to New Street, KLA also received a Hold from UBS's Timothy Arcuri in a report issued on July 21. However, on July 20, Morgan Stanley maintained a Buy rating on KLA (NASDAQ: KLAC). The company has a one-year high of $945.87 and a one-year low of $551.33. Currently, KLA has an average volume of 1.1M.
Zawya
6 days ago
- Business
- Zawya
South Africans embrace tech with optimism and purpose
South Africans are not just keeping pace with global tech trends, they're embracing them with confidence. According to the latest YouGov Profiles data, analysed by consumer insights agency KLA, South Africans have shown consistently positive attitudes toward emerging technology between 2021 and 2025. The findings reveal a nation that sees technology not as a threat, but as a tool for progress. The survey explored shifts in sentiment over a four-year period and compared local attitudes to those in other developed and developing countries. From 5G to AI and immersive technologies like Augmented and Virtual Reality (AR/VR), South Africans are showing high levels of optimism, utility, and curiosity, offering a unique opportunity for tech brands and service providers. The data shows that 86% of South Africans in 2025 agree that 5G improves their digital experience, and 78% believe that having 5G benefits their life in many ways. Rather than being seen as just a faster network, 5G is now viewed as an enabler of better digital experiences. AI is also gaining traction, with 68% of respondents stating they think AI is just the next step in evolution, up from 62% in 2021. Similarly, 64% of people agree that AR/VR helps users experience new things, compared to 59% in 2021. The message is clear, South Africans are open to innovation, particularly when it's designed to enhance everyday life. What's interesting to note, is the consistency of these insights. While global narratives around AI and privacy have shifted, South African sentiment has remained relatively steady, or improved, across all key metrics. The trust is not just intact, it's growing. According to KLA, this steady progression suggests that South Africans' trust in technology hasn't just endured, it's deepened. This provides a strong foundation for innovation that's practical, inclusive, and locally relevant. When compared to global counterparts, South Africa's tech optimism stands out in several ways. The country's mobile-first mindset remains strong, especially when contrasted with more diversified usage patterns in developed markets. There's also a notable level of trust in AI, particularly compared to more sceptical attitudes seen in countries like Germany, France, and the UK. Meanwhile, South African consumers show strong enthusiasm for AR/VR technologies, despite lower device ownership than in Western markets. It's a sign of interest that outpaces infrastructure, a signal for brands to move fast but meaningfully. For fintech startups, telco providers, app developers, and smart device manufacturers, the South African market is primed and ready, but it demands more than just flashy innovation. South African consumers want tech that works, simplifies life, and is easy to use. Every product should be optimised for mobile connectivity and designed with usability in mind. Communication also matters - people want to understand how these technologies work and why they matter. And above all, consumers are looking for real impact: they want tech that improves education, creates access, and reduces inequality. Between 2021 and 2025, South Africa has moved from early adoption to full integration when it comes to digital tools. We are a country that not only uses technology, but believe in its potential to create a better future. For brands, the opportunity lies in delivering solutions that are smart, transparent, and people-first. Data is sourced from YouGov Profiles, a segmentation and media planning tool. South African data was collected from nationally representative samples of South African adults aged 18+ with internet access. Sample sizes: 2025 n=1,936; 2021 n=6,039.
Yahoo
6 days ago
- Business
- Yahoo
ASML best positioned for 2026 in the Semicap pack: New Street Research
-- New Street Research upgraded ASML (AS:ASML) to Buy with a €790 price target in a note to clients on Thursday. The firm cited the company's strong positioning for 2026 and potential to outperform peers in the semiconductor capital equipment space. While consensus expects just 2% revenue growth for ASML next year, versus 6% to 12% for peers, New Street Research sees that as 'conservative.' Analysts at the firm argue there is 'room for ASML to outperform, driven by high leading-edge exposure.' The firm notes that ASML is set to benefit from 'higher growth in leading-edge WFE spending and limited risk of share loss in China,' which should allow it to grow 'in the upper end of its peer group.' New Street Research added that 'normal order intake in 3Q would allow management to ease concerns around 2026 growth.' With the stock currently trading at 25 times forward earnings, below both historical averages and peers like KLA, the firm sees 'limited risk of further de-rating.' The analysts acknowledged that visibility on overall wafer fab equipment (WFE) spending remains low and a broader pullback next year is possible. However, 'within the group we expect ASML to outperform,' they said. The €790 target price is based on a multiple of 25 times 2027 earnings of €31.9 per share. In contrast, New Street Research maintained a Neutral rating on other names in the sector, including TEL (¥29,750), KLA ($935), AMAT ($215), and LAM ($100). Related articles ASML best positioned for 2026 in the Semicap pack: New Street Research Victoria's Secret Exposed: The Warning Sign Behind the Stock's 52% Collapse Surge of 50% since our AI selection, this chip giant still has great potential Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
