Lam Research Corp

Lam Research Corp Stock Forecast & Price Prediction

Live Lam Research Corp Stock (LRCX) Price
$73.88

32

Ratings

  • Buy 20
  • Hold 12
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$73.88

P/E Ratio

23.51

Volume Traded Today

$10.7M

Dividend

$2.3

52 Week High/low

113.00/68.72

Lam Research Corp Market Cap

$93.47B

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LRCX Summary

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 Analyst Ratings

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.

LRCX stock forecast by analyst

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

LRCX Company Information

What They Do: Manufactures semiconductor processing equipment.

Business Model: The company designs, manufactures, and sells advanced semiconductor processing equipment, focusing on various applications such as film deposition, etching, and cleaning. It generates revenue through the sale of these systems and their related services, including refurbishment and maintenance, to customers in the semiconductor industry across multiple global markets.

Other Information: Founded in 1980 and headquartered in Fremont, California, the company serves a diverse range of markets including the United States, China, Europe, Japan, Korea, Southeast Asia, and Taiwan. Its innovative product offerings cater to critical processes in the manufacturing of integrated circuits, positioning it as a key player in the semiconductor supply chain.
LRCX
Lam Research Corp (LRCX)

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

Lam Research Corp (LRCX) Financial Data

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

N/A

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year

Revenue From 2023

N/A

0.00 %
From Previous Year
  • Revenue TTM $15.59B
  • Operating Margin TTM 30.3%
  • Gross profit TTM $7.05B
  • Return on assets TTM 15.0%
  • Return on equity TTM 49.1%
  • Profit Margin 26.0%
  • Book Value Per Share 6.56%
  • Market capitalisation $93.47B
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • Revenue for 2023 N/A
  • EPS this year (TTM) $3.09

Lam Research Corp (LRCX) Latest News

News Image

Wed, 27 Nov 2024

Sentiment - POSITIVE

Source - CNBC Television

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.

News Image

Thu, 21 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

News Image

Thu, 21 Nov 2024

Sentiment - NEUTRAL

Source - PRNewsWire

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.

News Image

Mon, 18 Nov 2024

Sentiment - NEUTRAL

Source - The Motley Fool

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.

News Image

Fri, 15 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

News Image

Thu, 14 Nov 2024

Sentiment - POSITIVE

Source - The Motley Fool

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.

...

LRCX Frequently asked questions

The highest forecasted price for LRCX is $114 from at .

The lowest forecasted price for LRCX is $75 from from Nomura

The LRCX analyst ratings consensus are 20 buy ratings, 12 hold ratings, and 0 sell ratings.