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KLA Corporation (NASDAQ:KLAC) is one of the 10 All-Time High Stocks with Legs to Rally Further.

On June 22, 2026, Wells Fargo raised its price target on KLA Corporation (NASDAQ:KLAC) to $305 from $210 previously and maintained an Overweight rating on the shares. Wells Fargo expects continued positive semi-cap results in Q2.

On June 17, Citi raised its price target on KLA Corporation (NASDAQ:KLAC) to $290 from $206.40 previously and maintained a Buy rating on the shares. Citi raised targets across the semiconductor equipment group based on its wafer fab equipment "bull case" and updated 2028 earnings estimates. Citi also said the "widening gap" between needed DRAM and available supply will drive the adoption of complementary solutions.

KLA Corporation (NASDAQ:KLAC) designs, manufactures, and markets process control, process-enabling, and yield management solutions for the semiconductor and related electronics industries worldwide.

While we acknowledge the potential of KLAC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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