Klac stock price forecast is buoyed by the latest earnings beat

KLAC stock price forecast is buoyed by the latest earnings beat, as net income rose 9% year-over-year. Strong free cash flow positions the company for continued dividend growth, a key attraction for long-term holders. For the entire year, the company's total revenue is forecasted to be $12.04 billion, which is an improvement of 22.7% from the previous year. The revenue contributions from different regions are expected as follows: Rest of Asia will contribute 3.5% ($416.65 million), Korea 12% ($1.44 billion), Taiwan 25.7% ($3.09 billion), Japan 8.4% ($1.02 billion), China 34.1% ($4.11 billion) and Europe & Israel 4.2% ($505.83 million) to the total revenue. Be the first to see our newest insights and key updates across all datasets KLAC stock price forecast models from major brokerages point to a medium-term target of $755, assuming capital expenditures in the chip sector remain elevated through