文章核心观点 - 分析师的股票评级建议对投资者选股决策的影响有限 [1][2][5] - 分析师的评级存在积极偏差,不能完全反映股票的实际走势 [2][5] - 使用Zacks Rank评级体系可以更好地预测股票的未来价格走势 [3][5][6] 公司分析 - KLA目前的平均券商评级(ABR)为1.84,介于"强烈买入"和"买入"之间 [1] - 25家券商中,有14家给予"强烈买入"评级,占56%,1家给予"买入"评级,占4% [1] - 尽管ABR评级建议买入KLA,但仅依此做出投资决策可能并不明智 [2] - 根据Zacks Rank评级,KLA目前评级为3级"持有",可能需要谨慎对待"买入"的ABR评级 [7] 行业分析 - 券商分析师的评级存在积极偏差,他们的研究结果往往无法准确指导投资者选择最有上涨潜力的股票 [2][5] - Zacks Rank评级体系基于盈利预测修正,能更好地预测股价未来走势 [3][5][6] - Zacks Rank评级在5个等级之间保持平衡,不存在券商分析师的积极偏差 [5] - Zacks Rank评级更新及时,能够及时反映公司业务变化对盈利的影响 [6]

KLA Corporation (NASDAQ:KLAC) Goldman Sachs Communacopia + Technology Conference 2024 September 11, 2024 12:30 PM ET Company Participants Bren Higgins - EVP and CFO Ahmad Khan - EVP and President, Semiconductor Process Control Conference Call Participants Toshiya Hari - Goldman Sachs Toshiya Hari Great. We'd like to get started. Good morning, everyone. Thank you so much for coming. My name is Toshiya Hari, I cover the semiconductor space as well as the semi cap equipment space. Very honored to have the team ...

会议主要讨论的核心内容 公司概况 - 公司最近进行了组织架构调整,将半导体过程控制业务整合到公司更广泛的系统业务中,以更好地满足客户需求 [3] - 公司在2021年至2022年期间市场份额从低6%提升至中7%左右,主要得益于对领先工艺的关注 [6] - 公司业务模式表现良好,毛利率维持在61%左右,经营利润率保持40%-50%的增长水平 [4] 2024年行业展望 - 2024年全球晶圆设备(WFE)投资预计在中90亿美元左右,预计2025年将有所增长 [4] - 逻辑/代工工艺控制强度将高于存储,占比有望超过60%-65% [6] - 先进封装是一个超过5亿美元的机会,增长迅速 [3] N2节点机遇 - N2节点采用全新的晶体管架构(从平面/FinFET到栅极全包围),对缺陷检测提出了更高要求 [9][10] - 公司针对N2节点的新挑战,开发了Gen4和电子束检测系统等新产品 [9][14] - N2节点设计活跃度较高,预计产能爬坡速度将快于之前节点 [10][11] 竞争格局 - 公司相信行业整体投资水平能够支撑需求,不会出现某些客户大幅减少投资而导致整体效率下降的情况 [18] - 公司的目标是保持相对于整体市场的增长优势,通过持续创新和紧密客户合作来实现 [18][28] 问答环节重要的提问和回答 关于N2节点的问题 Q: 您如何看待N2节点对公司业务的影响? A: N2节点采用全新的晶体管架构,对缺陷检测提出了更高要求,这为公司带来了新的增长机会。公司已经开发了针对性的新产品,并与客户密切合作,预计N2节点的设计活跃度和产能爬坡速度将快于之前节点 [9][10][11] 关于竞争格局的问题 Q: 如果某些大客户减少投资,会对公司造成负面影响吗? A: 公司认为行业整体投资水平能够支撑需求,不会出现某些客户大幅减少投资而导致整体效率下降的情况。公司的目标是保持相对于整体市场的增长优势,通过持续创新和紧密客户合作来实现 [18][28]

Here's why I'm not as bullish on this company as on other chip stocks, despite its higher raise.'Tis the season. The weather gets cooler, kids go back to school, and many technology companies raise their dividends for the year ahead.While artificial intelligence (AI) technology stocks aren't necessarily known for high dividend payouts, they are known for growth. So if you can find a winning AI name that also pays a dividend, a small payout today could look much, much bigger in five, 10, or 20 or more years. ...

In the latest market close, KLA (KLAC) reached $745.11, with a +0.5% movement compared to the previous day. This move outpaced the S&P 500's daily loss of 0.16%. Elsewhere, the Dow gained 0.09%, while the tech-heavy Nasdaq lost 0.3%.The maker of equipment for manufacturing semiconductors's stock has climbed by 3.52% in the past month, exceeding the Computer and Technology sector's gain of 1.63% and lagging the S&P 500's gain of 3.64%.Investors will be eagerly watching for the performance of KLA in its upcom ...

会议主要讨论的核心内容 - 公司在2024年处于转型期,预计全年WFE水平在95亿美元左右 [6] - 公司在逻辑/制造业和存储器领域都有较强表现,其中逻辑/制造业占比约70%-75% [7] - 公司的服务业务持续保持高增长,连续48个季度实现同比增长,毛利率保持在中高60%水平 [8][9] - 公司将继续保持在先进制程领域的领先优势,并预计明年存储器投资将有所恢复 [13][14][15] - 公司在先进封装领域的业务规模预计将从300百万美元增长至500百万美元,未来有望保持高于WFE的增长 [24][25][26][27] 问答环节重要的提问和回答 - 分析师询问公司在2-纳米制程领域的表现,公司表示将在今年底和明年开始看到更多的投资 [18][19][20] - 分析师询问公司在后道工艺领域的战略布局,公司表示将重点关注复杂性较高的领域如硅基垫片、3D混合键合等 [27][28][29][30] - 分析师询问公司在中国市场的表现,公司表示中国市场保持相对稳定,占比预计将从40%左右下降至高20%左右 [37][38][39] - 分析师询问公司服务业务的可持续性,公司表示主要受益于客户设备使用寿命延长、新设备进入服务合同等因素 [58][59][60][61]

MILPITAS, Calif., Sept. 3, 2024 /PRNewswire/ -- KLA Corporation (NASDAQ: KLAC) is announcing a 17% increase in the quarterly dividend level to $1.70 per share from $1.45 per share beginning with the quarterly dividend expected to be declared in November 2024, the fifteenth consecutive annual increase in the quarterly dividend level for KLA. The declaration and payment of future dividends is subject to the Board's discretion and will depend on financial and legal requirements and other considerations."This 1 ...

文章核心观点 - 分析师的股票评级存在积极偏差,不能完全依赖[6][7][12] - 与分析师评级相比,Zacks Rank是一个更可靠的股票评估指标[9][13][14] - 目前KLA的Zacks Rank为3(Hold),与分析师的买入评级存在差异[16][17][18] 公司概况 - KLA目前有25家券商给出平均评级为1.84,介于强烈买入和买入之间[3][4] - 其中14家给出强烈买入评级,占56%,1家给出买入评级,占4%[4] 行业分析 - 分析师的股票评级往往存在积极偏差,他们的利益与普通投资者不一致[7][8] - Zacks Rank是一个基于盈利预测修正的量化模型,更能反映股票未来走势[9][13][14][15]

KLA Corp. (KLAC, Financial) is the world's dominant supplier of process control and yield management solutions for semiconductors, printed circuit boards and flat panel displays. Its products are critical throughout the entire wafer fabrication process as they are used by its customers to improve yields, reduce risks and reduce costs. The company has experienced phenomenal growth over the past five years, mostly driven by customers' increasing demand due to accelerated adoption of the EUV technology as well ...

MILPITAS, Calif., Aug. 14, 2024 /PRNewswire/ -- KLA Corporation (NASDAQ: KLAC), a leading equipment and services company for the semiconductor industry, today announced that its near-term targets to reduce greenhouse gas (GHG) emissions by 2030 have been approved by the Science Based Targets initiative (SBTi), capping a two-year effort by KLA's product teams who modeled and measured efficiency metrics to reach this point.In collaboration with customers and suppliers, in 2022 KLA first announced its commitme ...