KLA Q3 revenue beats analyst estimates

KLA

29/04/2026 21:17

Overview

US semiconductor process control firm's fiscal Q3 revenue rose, beating analyst expectations

Adjusted EPS for fiscal Q3 rose to $9.40

Company approved $7 bln in new share repurchases and raised quarterly dividend

Outlook

KLA expects Q4 revenue of $3.575 bln +/- $200 mln

Company sees Q4 GAAP diluted EPS of $9.66 +/- $1.00

KLA says business momentum remains robust and is highly confident in 2026 outlook

Result Drivers

AI INFRASTRUCTURE DEMAND - Co said results benefited from global AI infrastructure buildout across foundry/logic, memory, advanced packaging, and services

MARKET SHARE GAINS - Co cited continued market share momentum in process control, referencing third-party industry reports

SEMICONDUCTOR PROCESS CONTROL SEGMENT - Revenue growth was primarily driven by the Semiconductor Process Control division

Company press release: ID:nPnb3m6Wqa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$3.42 bln
$3.37 bln (21 Analysts)
Q3 Adjusted EPS
$9.40


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 19 "strong buy" or "buy", 11 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the semiconductor equipment & testing peer group is "buy"

Wall Street's median 12-month price target for KLA Corp is $1,700.00, about 6% below its April 28 closing price of $1,808.97

The stock recently traded at 39 times the next 12-month earnings vs. a P/E of 31 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)