KLA (KLAC) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $1.22
- Estimate
- $1.18
- Surprise
- +3.5%
- Score at report (before → after)
- 5.5 → 5.6/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
KLA (KLAC) beat the $1.18 estimate with adjusted EPS of $1.22 — a clear 3.5% upside surprise. TrendMatrix's engine moved from Buy (Wait) (5.5/10) to Sell at 5.6/10 after the report.
Coverage in the report window
- Susquehanna Maintains Neutral on KLA, Lowers Price Target to $190 — benzinga, 2026-10-29
Where TrendMatrix's rating stands now
TrendMatrix currently rates KLAC Sell at 5.5/10.
4 of the last 4 quarters beat the estimate; this quarter's +3.5% surprise compares with a +2.9% four-quarter average.
What supports the rating
- V7 flight-to-quality bonus: +0.5 (Q=8.6 in RISK_OFF)
- Strong earnings beat streak (4/4)
What argues against it
- Concentration risk — Geographic: international revenues (87.0%)
- Concentration risk — Supplier: single or limited group of suppliers
- Sector modifier (Technology): -0.8
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $165.81
- Price target
- $209.15
- Stop
- $154.20
- Upside to target
- +26.1%
- Reward-to-risk
- 2.1:1
The stock trades at 39.8× trailing but 23.6× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-10-29 — shown for context, not personalized investment advice.
KLAC at TrendMatrix's latest read
Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.
- Industry
- Semiconductor Equipment & Materials
- Market cap
- $207.20B
- P/E (fwd)
- 23.6
- P/E (ttm)
- 39.8
- 52-week range
- $107.20–$307.37
- Off 52-week high
- 46.1%
- RSI (14)
- 30
- Volume vs avg
- 0.11×
- Score today
- 5.5/10