Morgan Stanley cut target for KLA Corporation stock to USD 227

Published on 10/15/2026 at 11:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Morgan Stanley cut its target from USD 253 to USD 227 on October 6, 2026. KLA Corporation stock costs EUR 156.84 on October 15, 2026.

Analyst view and reporting date

On October 6, 2026, Morgan Stanley cut its target from USD 253 to USD 227.
June-quarter revenue reached USD 3.66 billion, up 15.2 percent year over year.
KLA Corporation stock traded at EUR 156.84 at 11:18 a.m. CEST at Lang & Schwarz on October 15, 2026.
First-quarter fiscal 2027 results are scheduled for October 28, 2026.

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KLA Corporation (ISIN US4824801009) was trading at EUR 156.84 at Lang & Schwarz on October 15, 2026 at 11:18 a.m. CEST. Investing.com reported that Morgan Stanley cut its KLA target from USD 253 to USD 227 on October 6, 2026 while retaining an Overweight rating.

Three dated signals for KLA

The recent sequence puts the target cut beside operating growth. On July 28, 2026, KLA reported June-quarter revenue of USD 3.66 billion, up 15.2 percent year over year, and earnings per share of USD 1.05 against a USD 1.00 consensus estimate, according to Investing.com. On October 1, 2026, KLA announced first-quarter fiscal 2027 results for October 28, 2026, as stated in its company release. The October 6 target reduction is the latest dated event in that sequence.

What does the target cut change?

Morgan Stanley lowered the valuation anchor even as it raised its calendar 2027 revenue forecast from USD 20.4 billion to USD 21.4 billion. The same assessment lifted its earnings-per-share estimate from USD 6.23 to USD 6.77, while reducing the target valuation multiple from 36 times to 28 times, according to Investing.com. That combination frames KLA as a company with improving estimates but a more cautious valuation benchmark.

The next reporting date

KLA plans to publish first-quarter fiscal 2027 results after the US market close on October 28, 2026. The release will be accompanied by a shareholder letter, earnings slides and a webcast, according to the October 1 company announcement.

Valuation sets the counterweight

The June-quarter figures provide the operating counterweight to the analyst reset. KLA also set earnings-per-share guidance of USD 1.06 to USD 1.26 for the first quarter of fiscal 2027, according to MarketBeat, while the company's process-control business remains tied to semiconductor manufacturing investment.

Stock trades in afternoon indication

KLA Corporation was trading at EUR 156.84 at Lang & Schwarz on October 15, 2026 at 11:18 a.m. CEST. The primary listing is Nasdaq, where the latest quoted value was USD 178.81 on October 14, 2026 at 4:00 p.m. ET. The further course of trading is shown by the continuously updated real-time quote of KLA Corporation stock.