Lam Research Corporation which can be found using ticker (LRCX) have now 25 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between $1,325.00 and $774.00 and has a mean target at $1,017.16. Given that the stocks previous close was at $784.08 this indicates there is a potential upside of 29.7%. Also worth taking note is the 50 day moving average now sits at $830.11 and the 200 day moving average is $893.07. The market capitalization for the company is 102.74B. Currently the stock stands at: $791.06 USD
The potential market cap would be $133,280,684,635 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 27.32, revenue per share of $113.43 and a 14.41% return on assets.
Lam Research Corporation is a supplier of wafer fabrication equipment and services to the semiconductor industry. The Company designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. Its products and services are designed to help its customers build devices that are used in a variety of electronic products, including mobile phones, personal computers, servers, wearables, automotive vehicles, and data storage devices. Its product families include ALTUS, SABRE, SOLA, SPEED, Striker, VECTOR, Flex, Kiyo, Syndion, Versys Metal, Coronus, DV-Prime , Da Vinci , EOS , and SP Series. Its customer base includes semiconductor memory, foundry, and integrated device manufacturers (IDMs) that make products, such as non-volatile memory (NVM), dynamic random-access memory (DRAM) and logic devices. It offers services in areas, such as nanoscale applications enablement, chemistry, plasma and fluidics, and others.
