Movement Alert|KLA Rises 3.86% in Pre-Market Trading, Optimistic Earnings Outlook Combined with Semiconductor Equipment Sector Rebound

Market Focus
Jul 21

On July 21, KLA rose 3.86% in pre-market trading, trading at $217.55/share, with turnover of $1.219 million.

On the news front, KLA is scheduled to report fiscal Q4 earnings on July 28. Market consensus expects quarterly revenue of approximately $35.98 billion, up 16.72% year-over-year, with adjusted EPS of approximately $0.997, up 16.44% year-over-year. Institutions are predominantly maintaining bullish views, with Morgan Stanley raising its target price to $274 and UBS setting its latest target at $240. Oppenheimer noted that AI-related semiconductor infrastructure demand remains strong heading into the quarter.

Within the Semiconductor Equipment sector, the overall sector is rebounding. Among individual stocks, Applied Materials up 4.96%, ASML Holding up 2.64%, Lam Research up 4.71%, Teradyne up 5.47%, AXT Inc up 6.99%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10