Morgan Stanley cuts KLA target to USD 227 for KLA Corporation stock

Published on 10/27/2026 at 11:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Morgan Stanley cut its target to USD 227 on October 5, 2026. KLA Corporation stock costs EUR 133.90, 0.24 percent below Xetra close.

Targets and earnings calendar

Morgan Stanley cut its KLA target from USD 253 to USD 227 on October 5, 2026.
KLA guided fiscal first-quarter revenue to USD 4.00 billion plus or minus USD 200.00 million.
KLA Corporation stock trades at EUR 133.90 at 11:20 a.m. CET at Lang & Schwarz on October 27, 2026, 0.24 percent below the Xetra close of October 26, 2026.
KLA is scheduled to report fiscal first-quarter results on October 28, 2026.

KLA Corporation, US4824801009, Illustration mit AI erstellt.

KLA Corporation (ISIN US4824801009) is trading at EUR 133.90 at Lang & Schwarz on October 27, 2026 at 11:20 a.m. CET, down 0.24 percent versus the Xetra close of October 26, 2026 at EUR 134.22. The key catalyst is Morgan Stanley's October 5 target cut from USD 253 to USD 227, while the company prepares to report fiscal first-quarter results on October 28, 2026.

Target cut resets expectations

According to MarketScreener, Morgan Stanley retained its Overweight rating while reducing the target to USD 227 from USD 253 on October 5, 2026. The revision puts valuation and execution under closer scrutiny even as the next earnings report approaches.

KLA's latest reported fiscal year ended June 30, 2026, with revenue of USD 13.58 billion, up 11.70 percent from USD 12.16 billion in fiscal year 2025, and net income of USD 4.83 billion, up 18.90 percent. These figures were reported by TickerScout on October 5, 2026.

What does October 28 mean?

The upcoming report carries a higher bar than the June quarter. Investing.com said on October 27, 2026 that KLA had guided fiscal first-quarter revenue to USD 4.00 billion plus or minus USD 200.00 million, compared with USD 3.66 billion in the prior quarter. The midpoint therefore implies sequential growth of 9.29 percent.

Three events shape the setup

On August 6, 2026, KLA declared a quarterly dividend of USD 0.23 per share, according to MarketScreener. On October 1, 2026, KLA announced the October 28 earnings date and webcast on its investor page. On October 27, 2026, Investing.com described a 2.60 percent morning rise ahead of the report.

Dates investors can mark

TipRanks listed October 28, 2026 as the next reporting date and cited consensus expectations of USD 4.04 billion in revenue and USD 1.19 in earnings per share. The report is scheduled after the US market close.

Stock tests a lower reference

The euro quotation is 0.24 percent below the Xetra close, leaving the immediate signal subdued despite the earnings focus. On Nasdaq, KLA closed at USD 149.21 on October 26, 2026, according to the dated market information carried by MarketScreener. The further course of trading is shown by the continuously updated real-time quote of KLA Corporation stock.