From what 32 stock analysts predict, the share price for Lam Research Corp (LRCX) might increase by 27.03% in the next year. This is based on a 12-month average estimation for LRCX. Price targets go from $75 to $114. The majority of stock analysts believe LRCX is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
LRCX is a stock in Technology which has been forecasted to be worth $93.84747 as an average. On the higher end, the forecast price is $114 USD by from and on the lower end LRCX is forecasted to be $75 by from Nomura.
These are the latest 20 analyst ratings of LRCX.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Charles Shi Needham | Buy | $100 | Reiterates | Oct 24, 2024 |
C J Muse Cantor Fitzgerald | Neutral | $100 | Reiterates | Oct 24, 2024 |
Craig Ellis B. Riley Securities | Buy | $110 | Reiterates | Oct 24, 2024 |
Brian Chin Stifel | Buy | $100 | Reiterates | Oct 24, 2024 |
Joseph Moore Morgan Stanley | Equal-Weight | $76 | Maintains | Oct 24, 2024 |
Joseph Quatrochi Wells Fargo | Equal-Weight | $85 | Maintains | Oct 24, 2024 |
Joseph Quatrochi Wells Fargo | Equal-Weight | $880 | Maintains | Oct 3, 2024 |
C J Muse Cantor Fitzgerald | Neutral | $1000 | Maintains | Sep 30, 2024 |
Vijay Rakesh Mizuho | Outperform | $950 | Maintains | Sep 20, 2024 |
Joseph Moore Morgan Stanley | Equal-Weight | $774 | Maintains | Sep 17, 2024 |
Atif Malik Citigroup | Buy | $893 | Maintains | Sep 16, 2024 |
Timothy Arcuri UBS | Buy | $1150 | Maintains | Sep 12, 2024 |
Atif Malik Citigroup | Buy | $990 | Maintains | Aug 5, 2024 |
Krish Sankar TD Cowen | Buy | $1050 | Maintains | Aug 1, 2024 |
Charles Shi Needham | Buy | $1130 | Reiterates | Aug 1, 2024 |
Joseph Quatrochi Wells Fargo | Equal-Weight | $1000 | Maintains | Aug 1, 2024 |
C J Muse Cantor Fitzgerald | Neutral | $1200 | Reiterates | Aug 1, 2024 |
Sidney Ho Deutsche Bank | Buy | $950 | Maintains | Aug 1, 2024 |
C J Muse Cantor Fitzgerald | Neutral | $1200 | Maintains | Jul 16, 2024 |
Craig Ellis B. Riley Securities | Buy | $1325 | Maintains | Jun 20, 2024 |
When did it IPO
1990
Staff Count
17,700
Country
United States
Sector/Industry
Technology/Semiconductor Equipment & Materials
CEO
Mr. Timothy M. Archer
Market Cap
$93.47B
In 2023, LRCX generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that LRCX's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Stacy Rasgon, a senior analyst at Bernstein Research, discusses the potential impact of tariffs on the U.S. semiconductor sector during an appearance on CNBC's 'The Exchange.'
Why It Matters - Potential tariffs on the semiconductor sector could increase costs, disrupt supply chains, and affect profit margins, influencing stock valuations and investment strategies in the industry.
Summary - LRCX is viewed as a solid hold due to its discounted valuation and strong innovation, despite challenges in the semiconductor market and potential for growth.
Why It Matters - LRCX's discounted valuation signals potential upside, while its innovation suggests resilience in a challenging semiconductor market, making it an attractive option for long-term growth.
Summary - Lam Research CFO Doug Bettinger will speak at the UBS Global Technology and AI Conference on December 3, 2024, at 1:15 p.m.
Why It Matters - Doug Bettinger's participation in key investor events signals potential insights into Lam Research's strategy and financial health, impacting investor sentiment and stock performance.
Summary - Wall Street analysts suggest a stock that recently split has strong potential to outperform the market, indicating positive investor sentiment.
Why It Matters - A stock split can enhance liquidity and attract more investors, potentially driving up demand and share price, indicating strong bullish sentiment from Wall Street analysts.
Summary - The Zacks Focus List is recommended for investors seeking strong, market-beating stocks to enhance their investment portfolios.
Why It Matters - The Zacks Focus List highlights potentially high-performing stocks, guiding investors towards selections that may outperform the market, impacting portfolio returns.
Summary - Three overlooked companies are highlighted as having strong solutions and a significant long-term demand, positioning them as potential winners for investors.
Why It Matters - The mention of "overlooked winners" suggests potential for significant stock appreciation, indicating opportunities for investors to capitalize on undervalued assets.