KLA Corporation (KLAC)
Technology · Semiconductors · Data as of 2026-10-22
Bottom line
KLAC is trading at a premium to its history, in the middle of its recent price range, and recent volume suggests money flowing out. Historically, this combination has called for extra caution. Past patterns are not a guarantee of future results.
Valuation — Trading at a premium (Red)
KLAC trades at 45× earnings, above its own 5-year average of 27× and above similar technology companies we track (31×, 86 peers). Investors are currently paying more per dollar of earnings than usual. Its free-cash-flow yield is about 1.7%. Its current multiple sits around the 88th percentile of its own last five years — near the top of its own range. About 78% of its reported earnings arrived as free cash over the last year.
Price zones — In the middle of its recent range (Yellow)
At $147.83, the stock sits between its recent support and resistance levels. Over the past year KLAC has traded between $107.20 and $307.37; its historical support zone sits near $107.20 and resistance near $181.59. It is below both its 50- and 200-day averages, which has historically signalled a downtrend.
52-week range $107.20–$307.37 · 50-day average $183.70 · 200-day average $181.59
Money flow — Money is flowing out (Red)
Recent trading in KLAC shows more volume on falling days than rising days, a pattern often described as distribution. Volume on up days has been about 0.6× volume on down days over the last 30 sessions.
Dividends & company facts
KLAC paid $0.84 a share in dividends over the past year — 0.57% of today's price — and raised it 5 times in the last five years. It returned more through buybacks: $2.1 billion in fiscal 2026, about 0.98% of its market value.
- Dividend yield (12 months)
- 0.57%
- Paid over 12 months
- $0.84 a share
- Payout ratio
- 21.9%
- Buybacks
- 0.98% (fiscal 2026)
- Shares, past year
- -0.6%
- Revenue, 12 months
- $13.6B
- Profit, 12 months
- $4.8B
- Employees
- 17,100
- CEO
- Richard Wallace
- Headquarters
- Milpitas, CA
- Listed since
- 1980 · NASDAQ
About the company
KLA Corporation specializes in creating, manufacturing, and distributing advanced solutions vital for process control, process optimization, and yield enhancement throughout the global semiconductor and broader electronics industries. The company organizes its business into four main segments: Semiconductor Process Control, Specialty Semiconductor Process, PCB, Display and Component Inspection, and an 'Other' category. For integrated circuit (IC) fabrication, KLA offers a comprehensive range of products.
Related stocks
一句话结论
KLAC 相对自身历史处于溢价水平，处于近期价格区间的中部，近期成交量显示资金正在流出。从历史来看，这样的组合需要格外谨慎。过去的形态并不能保证未来的结果。
估值 — 相对自身历史处于溢价水平
KLAC 目前的市盈率为 45×，高于其自身 5 年平均的 27×，并且高于我们追踪的同类Technology公司（31×，86 家）。投资者目前为每一美元盈利付出的价格高于以往。其自由现金流收益率约为 1.7%。它当前的估值倍数大约位于自身过去五年分布的第 88 百分位——接近自身区间的顶部。过去一年，其报告利润中约有 78% 转化为自由现金。
价格区间 — 处于近期区间的中部
目前价格为 $147.83，位于其近期的支撑位与阻力位之间。过去一年 KLAC 的价格在 $107.20 到 $307.37 之间波动；其历史支撑区在 $107.20 附近，阻力区在 $181.59 附近。它同时位于 50 日和 200 日均线下方，这在历史上通常对应下降趋势。
资金流向 — 资金正在流出
KLAC 近期下跌日的成交量高于上涨日，这种形态常被称为派发。过去 30 个交易日，上涨日的成交量约为下跌日的 0.6×。
股息与公司概况
KLAC 过去一年每股派息 0.84 美元，相当于当前股价的 0.57%，过去五年上调过 5 次。它通过回购返还了更多：2026 财年回购 21.2亿美元，约占市值的 0.98%。
UnderTheLight 用直白的语言解释股票——估值、价格区间与资金流向。它只描述数据，不构成任何投资建议。
UnderTheLight explains stocks in plain English — valuation, price zones and money flow as traffic lights, recomputed nightly. It describes data; it is not investment advice and never recommends a trade.