Citi Remains Bullish on KLA (KLAC) Amid Persistent Phase 2 Upcycle in Wafer Fab Equipment and Potential Upside

KLA Corporation (NASDAQ:KLAC) is 1 of the 13 Best Extremely Profitable Stocks to Invest successful Now.

On January 30, 2026, KLA Corporation (NASDAQ:KLAC) attracted accrued attraction from analysts erstwhile Citi accrued its terms people from $1,450 to $1,800 portion reiterating a ‘Buy’ rating. The bullish expert stance comes amid a persistent Phase 2 upcycle successful wafer fab instrumentality and imaginable upside arsenic capitalist absorption continues into 2027.

According to Citi, KLA Corporation (NASDAQ:KLAC)’s commentary connected wafer fabrication instrumentality was mostly successful enactment with that of adjacent Lam Research. This bolstered expert assurance successful the durability of manufacture spending.

On the aforesaid day, RBC Capital reiterated its ‘Sector Perform’ standing connected KLA Corporation (NASDAQ:KLAC) and raised its terms people from $1,550 to $1,600. Although it noted that management’s debased double-digit WFE maturation outlook lagged down Lam Research’s much optimistic expectations, the steadfast described KLA’s second-quarter show arsenic solid.

These expert actions followed the company’s January 29, 2026, fiscal second-quarter net release. The 4th featured non-GAAP nett income of $1.17 billion, oregon $8.85 per diluted share, reflecting sequential stableness and year-over-year growth. Meanwhile, its differentiated merchandise portfolio and coagulated institution execution helped KLA Corporation (NASDAQ:KLAC) grounds gross of $3.30 billion, supra the midpoint of the guidance scope of $3.225 cardinal +/- $150 million.

Looking into the 3rd quarter, KLA Corporation (NASDAQ:KLAC) expects gross of $3.35 cardinal +/- $150 cardinal 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 output absorption systems, which are captious to precocious semiconductor manufacturing.

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