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KLA (KLAC, Semiconductor Materials & Equipment) Stock Valuation & Fair Value Significantly overvalued

KLA (KLAC, Semiconductor Materials & Equipment) trades at a blended P/E of 49.2, about 162% above its historical normal valuation, with a forward growth estimate of 26.1% and a PEG of 1.89. Analysts' one-year estimates have been hit 18% of the time. Priced at its historical normal P/E of 18.8 on the same blended earnings, the 2026-10-02 close of $206.89 corresponds to about $78.90 a share. This is a valuation reference, not a price target.

Blended P/E
49.2
Normal P/E
18.8
PEG
1.89
Fwd growth
26.1%
Div yield
0.4%
RSI (14)
55.8
Neutral
Technical context
  • Price $196.72 at the 2026-10-08 close, 4.9% above the 20-day average ($187.60) and 4.8% above the 50-day ($187.63).
  • RSI (14) at 55.8.
  • 52-week range $97.75 to $301.37: the price is 34.7% below the high and 101.2% above the low.

The Street vs SeerForecast

Wall Street's mean price target for KLAC is $233.77 across 26 analysts, 18.8% above the current price. The average analyst rating is Buy. Our SeerForecast read of the same stock, formed without analyst targets: significantly overvalued. When the two disagree, start your digging there.

Valuation flags

Verdict history

tickerseer's rating has been significantly overvalued since 2026-06-03.

Blended P/E and rating by weekBlended P/E moved from 52.6 to 49.2 between 2026-06-03 and 2026-10-02, against a normal P/E of 18.8, with 0 rating changes over 37 recorded weeks.2026-06-03: P/E 52.6, Significantly overvalued, recalculated for the week of 2026-06-032026-06-10: P/E 52.6, Significantly overvalued, recalculated for the week of 2026-06-102026-06-12: P/E 52.6, Significantly overvalued, recalculated for the week of 2026-06-142026-06-16: P/E 52.6, Significantly overvalued, recalculated for the week of 2026-06-162026-06-18: P/E 52.6, Significantly overvalued, recalculated for the week of 2026-06-212026-07-02: P/E 71.9, Significantly overvalued, recalculated for the week of 2026-07-022026-07-06: P/E 63.5, Significantly overvalued, recalculated for the week of 2026-07-062026-07-09: P/E 63.5, Significantly overvalued, recalculated for the week of 2026-07-092026-07-10: P/E 61.9, Significantly overvalued, recalculated for the week of 2026-07-122026-07-13: P/E 61.9, Significantly overvalued, recalculated for the week of 2026-07-132026-07-14: P/E 61.9, Significantly overvalued, recalculated for the week of 2026-07-142026-07-20: P/E 56.5, Significantly overvalued, recalculated for the week of 2026-07-202026-07-22: P/E 56.5, Significantly overvalued, recalculated for the week of 2026-07-222026-07-24: P/E 55.5, Significantly overvalued, recalculated for the week of 2026-07-252026-07-27: P/E 55.5, Significantly overvalued, recalculated for the week of 2026-07-272026-07-31: P/E 46.2, Significantly overvalued, recalculated for the week of 2026-07-312026-07-31: P/E 46.8, Significantly overvalued, recorded live 2026-08-032026-08-07: P/E 49.1, Significantly overvalued, recalculated for the week of 2026-08-072026-08-07: P/E 50.3, Significantly overvalued, recorded live 2026-08-102026-08-14: P/E 52.8, Significantly overvalued, recalculated for the week of 2026-08-142026-08-14: P/E 51.3, Significantly overvalued, recorded live 2026-08-172026-08-21: P/E 51.3, Significantly overvalued, recalculated for the week of 2026-08-212026-08-21: P/E 46.0, Significantly overvalued, recorded live 2026-08-242026-08-27: P/E 46.0, Significantly overvalued, recalculated for the week of 2026-08-272026-08-28: P/E 45.6, Significantly overvalued, recalculated for the week of 2026-08-282026-08-28: P/E 43.5, Significantly overvalued, recalculated for the week of 2026-08-302026-08-28: P/E 43.5, Significantly overvalued, recorded live 2026-08-312026-09-04: P/E 45.6, Significantly overvalued, recalculated for the week of 2026-09-052026-09-04: P/E 45.6, Significantly overvalued, recorded live 2026-09-072026-09-11: P/E 44.0, Significantly overvalued, recalculated for the week of 2026-09-122026-09-11: P/E 44.0, Significantly overvalued, recorded live 2026-09-142026-09-18: P/E 42.8, Significantly overvalued, recalculated for the week of 2026-09-192026-09-18: P/E 42.8, Significantly overvalued, recorded live 2026-09-212026-09-25: P/E 45.1, Significantly overvalued, recalculated for the week of 2026-09-262026-09-25: P/E 45.1, Significantly overvalued, recorded live 2026-09-282026-10-02: P/E 49.2, Significantly overvalued, recalculated for the week of 2026-10-032026-10-02: P/E 49.2, Significantly overvalued, recorded live 2026-10-0520.040.060.0Jun 3Jul 3Aug 2Sep 2Oct 2Normal P/E 18.8
Significantly overvalued

Not every point was recorded live. Points marked recalculated apply today's valuation rules to the metrics tickerseer archived that week.

Selected weeks: the first, the latest, and the cheapest and dearest.

WeekBlended P/EPremium to normal P/ERating
2026-06-03P/E 52.6+194%Significantly overvalued (recalculated)
2026-07-02P/E 71.9+302%Significantly overvalued (recalculated)
2026-09-19P/E 42.8+128%Significantly overvalued (recalculated)
2026-10-05P/E 49.2+162%Significantly overvalued ← now
Show all 37 weeks
WeekBlended P/EPremium to normal P/ERating
2026-06-03P/E 52.6+194%Significantly overvalued (recalculated)
2026-06-10P/E 52.6+193%Significantly overvalued (recalculated)
2026-06-14P/E 52.6+193%Significantly overvalued (recalculated)
2026-06-16P/E 52.6+193%Significantly overvalued (recalculated)
2026-06-21P/E 52.6+193%Significantly overvalued (recalculated)
2026-07-02P/E 71.9+302%Significantly overvalued (recalculated)
2026-07-06P/E 63.5+255%Significantly overvalued (recalculated)
2026-07-09P/E 63.5+255%Significantly overvalued (recalculated)
2026-07-12P/E 61.9+246%Significantly overvalued (recalculated)
2026-07-13P/E 61.9+246%Significantly overvalued (recalculated)
2026-07-14P/E 61.9+246%Significantly overvalued (recalculated)
2026-07-20P/E 56.5+215%Significantly overvalued (recalculated)
2026-07-22P/E 56.5+215%Significantly overvalued (recalculated)
2026-07-25P/E 55.5+210%Significantly overvalued (recalculated)
2026-07-27P/E 55.5+210%Significantly overvalued (recalculated)
2026-07-31P/E 46.2+146%Significantly overvalued (recalculated)
2026-08-03P/E 46.8+149%Significantly overvalued
2026-08-07P/E 49.1+161%Significantly overvalued (recalculated)
2026-08-10P/E 50.3+168%Significantly overvalued
2026-08-14P/E 52.8+181%Significantly overvalued (recalculated)
2026-08-17P/E 51.3+173%Significantly overvalued
2026-08-21P/E 51.3+173%Significantly overvalued (recalculated)
2026-08-24P/E 46.0+145%Significantly overvalued
2026-08-27P/E 46.0+145%Significantly overvalued (recalculated)
2026-08-28P/E 45.6+143%Significantly overvalued (recalculated)
2026-08-30P/E 43.5+131%Significantly overvalued (recalculated)
2026-08-31P/E 43.5+131%Significantly overvalued
2026-09-05P/E 45.6+143%Significantly overvalued (recalculated)
2026-09-07P/E 45.6+143%Significantly overvalued
2026-09-12P/E 44.0+134%Significantly overvalued (recalculated)
2026-09-14P/E 44.0+134%Significantly overvalued
2026-09-19P/E 42.8+128%Significantly overvalued (recalculated)
2026-09-21P/E 42.8+128%Significantly overvalued
2026-09-26P/E 45.1+140%Significantly overvalued (recalculated)
2026-09-28P/E 45.1+140%Significantly overvalued
2026-10-03P/E 49.2+162%Significantly overvalued (recalculated)
2026-10-05P/E 49.2+162%Significantly overvalued ← now

Frequently asked questions

Is KLA stock overvalued?

At a blended P/E of 49.2 versus its historical normal P/E of 18.8, KLA trades about 162% above its typical valuation, with a PEG of 1.89 on 26.1% forward growth. tickerseer currently rates it significantly overvalued.

What is KLA's fair value and PEG?

KLA trades at a blended P/E of 49.2 against a historical normal P/E of 18.8, a PEG of 1.89, and a forward growth estimate of 26.1%. Priced at its historical normal P/E of 18.8 on the same blended earnings, the 2026-10-02 close of $206.89 corresponds to about $78.90 a share. This is a valuation reference, not a price target.

Has tickerseer's rating of KLA changed?

tickerseer's rating has been significantly overvalued since 2026-06-03.

What is the analyst price target for KLA?

The mean Wall Street price target for KLA is $233.77 across 26 analysts, 18.8% above the current price. tickerseer's SeerForecast verdict is formed independently of analyst targets.

Industry: Semiconductor Materials & Equipment. Create a free account to see the full analysis: the SeerAI score, its five quality sub-scores, valuation history, and the AI research note. Options setups and metric history are part of the paid plans.

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