Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Lam Research Corp Market Cap
From what 19 stock analysts predict, the share price for Lam Research Corp (LRCX) might increase by 23.77% in the next year. This is based on a 12-month average estimation for LRCX. Price targets go from $77 to $132.5. 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 $99.77 as an average. On the higher end, the forecast price is $132.5 USD by from and on the lower end LRCX is forecasted to be $77 by from .
These are the latest 20 analyst ratings of LRCX.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| 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 |
| Charles Shi Needham | Buy | $1130 | Reiterates | Aug 1, 2024 |
| Sidney Ho Deutsche Bank | Buy | $950 | Maintains | Aug 1, 2024 |
| C J Muse Cantor Fitzgerald | Neutral | $1200 | Reiterates | Aug 1, 2024 |
| Krish Sankar TD Cowen | Buy | $1050 | Maintains | Aug 1, 2024 |
| Joseph Quatrochi Wells Fargo | Equal-Weight | $1000 | 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 |
| Joseph Quatrochi Wells Fargo | Equal-Weight | $1100 | Maintains | Jun 17, 2024 |
| Srini Pajjuri Raymond James | Outperform | $1060 | Maintains | Jun 7, 2024 |
| Blayne Curtis Barclays | Equal-Weight | $900 | Maintains | Jun 5, 2024 |
| Blayne Curtis Jefferies | Buy | $1100 | Assumes | May 13, 2024 |
| Charles Shi Needham | Buy | $1030 | Reiterates | Apr 25, 2024 |
| Blayne Curtis Barclays | Equal-Weight | $865 | Maintains | Apr 25, 2024 |
When did it IPO
1990
Staff Count
17,450
Country
United States
Sector/Industry
Technology/Semiconductor Equipment & Materials
CEO
Mr. Timothy M. Archer
Market Cap
$104.48B
In 2023, LRCX generated $17.43B in revenue, which was a increase of 1.17% 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
Sat, 28 Sep 2024
Sentiment - POSITIVE
Source - The Motley Fool
Summary - Stock splits historically generate investor excitement, which may impact market sentiment and trading activity.
Why It Matters - Stock splits can boost demand for shares, increase liquidity, and often lead to a rise in stock price, influencing investor sentiment and market performance.
Mon, 30 Sep 2024
Sentiment - NEGATIVE
Source - Zacks Investment Research
Summary - Lam Research's focus on technology innovation enhances its growth potential despite challenging macroeconomic conditions.
Why It Matters - Lam Research's tech advancements signal resilience and potential growth, suggesting it can outperform competitors despite economic challenges, positively influencing investor sentiment.
Mon, 30 Sep 2024
Sentiment - NEUTRAL
Source - 24/7 Wall Street
Summary - Stock splits do not alter the overall value of a company; they simply increase the number of shares while reducing the share price proportionately.
Why It Matters - A stock split doesn't change a company's market value; it merely alters share price and quantity. Misunderstanding this can lead to misguided investment decisions.
Thu, 26 Sep 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Lam Research (LRCX) is gaining attention among Zacks.com users, indicating potential investor interest that may influence the stock's future performance.
Why It Matters - Increased interest in Lam Research signals potential volatility and opportunity, prompting investors to analyze its fundamentals and market positioning for informed decision-making.
Fri, 27 Sep 2024
Sentiment - NEUTRAL
Source - The Motley Fool
Summary - Since the start of 2024, over a dozen companies have executed forward splits, with Nvidia and Broadcom being particularly anticipated by Wall Street investors.
Why It Matters - Stock splits can signal company confidence and attract investor interest, potentially boosting share prices and liquidity for Nvidia and Broadcom, impacting overall market sentiment.
Mon, 23 Sep 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Lam Research Corp. announced the winners of its annual Supplier Excellence Awards, recognizing nine global companies for outstanding performance in various categories.
Why It Matters - Recognition of suppliers by Lam Research Corp. can indicate strong supply chain relationships and operational efficiency, potentially leading to improved performance and stability in financial results.
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