KLA Corporation (NASDAQ:KLAC) ranks among the stocks to invest in before they split next<\/strong>. On April 10, Wolfe Research increased its price target for KLA Corporation (NASDAQ:KLAC) to $2,000 from $1,800 while keeping an Outperform rating on the company\u2019s shares. The firm referenced KLA\u2019s updated forecast at its Investor Day. The company raised its 2026 revenue guidance, predicting a high-teens percentage increase, implying revenue of around $15 billion vs $14.6 billion consensus projections.<\/p>\n The company also marginally raised its 2026 wafer manufacturing equipment forecast, now expecting $135 billion to $140 billion vs $135 billion previously. The new prediction is consistent with competitor Lam Research\u2019s wafer manufacturing equipment estimate.<\/p>\n KeyBanc also reaffirmed its Sector Weight rating for KLA Corporation (NASDAQ:KLAC) on April 8. According to the firm, KLA has a market share of over 56% in the Process Control industry, which is more than six times greater than that of its closest rival. The company\u2019s dominance of the market has resulted in exceptional profits for shareholders, with the stock up 160% over the past year.<\/p>\n KLA Corporation (NASDAQ:KLAC) provides process control, inspection, metrology, and yield management systems, which are critical to advanced semiconductor manufacturing.<\/p>\n 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<\/b>.<\/p>\n READ NEXT: <\/b>33 Stocks That Should Double in 3 Years<\/b> and <\/b>15 Stocks That Will Make You Rich in 10 Years<\/b>\u00a0<\/b><\/p>\n Disclosure: None. Follow Insider Monkey on Google News<\/b>.<\/b><\/p>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/figure>\n