KLAC

KLA is expected to report Q3 2026 earnings on October 28 with consensus estimates of $1.18 EPS (up 34.1% YoY) and $4.05B revenue (up 26.1% YoY). However, the company shows a negative Earnings ESP of -0.03%, suggesting recent analyst pessimism, making it difficult to predict an earnings beat despite its Zacks Rank #2 rating. The stock has beaten estimates in all four recent quarters.

KLA (KLAC) closed down 2.8% and is underperforming the broader market. The semiconductor equipment manufacturer is expected to report earnings on October 28, 2026, with projected EPS of $1.18 (up 34.09% YoY) and revenue of $4.05 billion (up 26.09% YoY). The company holds a Zacks Rank #2 (Buy) rating, though its Forward P/E of 30.6 trades at a premium to the industry average of 18.81.

KLA Corporation (KLAC) shares have gained 64.5% over the past year, outperforming peers and the broader tech sector, driven by strong AI infrastructure investments and semiconductor manufacturing demand. The company reported record Q4 fiscal 2026 revenues of $3.66 billion and expects $4 billion in Q1 fiscal 2027 revenues. With a $12.6 billion backlog (up 60% year-over-year) and visibility extending through 2027-2028, KLA is well-positioned for continued growth in advanced packaging and process control solutions.