# Lam Research Corporation – Consensus ‘buy’ rating and -3.4% Downside Potential

- Link: https://www.directorstalkinterviews.com/lam-research-corporation-consensus-buy-rating-and-3.4-downside-potential/4121163253
- Published: 2024-07-01T13:28:54+01:00
- Author: Charlotte Edwards

**Lam Research Corporation** with ticker code (LRCX) now have 26 analysts in total
covering the stock. The consensus rating is pointing to ‘buy’. The target price 
High/Low ranges between $1,325.00 and $670.00 calculating the mean target price 
we have $1,019.95. Now with the previous closing price of $1,055.83 this is indicating
there is a potential downside of -3.4%. There is a 50 day moving average of $958.19
and the 200 day moving average is $825.81. The market cap for the company is 139.22B.
The current stock price for Microsoft Corporation is currently $1,064.85 USD

 The potential market cap would be $134,488,487,952 based on the market consensus.

The company has a dividend yield of 1.62%. Other points of data to note are a P/
E ratio of 39.09, revenue per share of $107.68 and a 13.53% 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.

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