# Lam Research Corporation – Consensus ‘buy’ rating and 39.6% Upside Potential

- Link: https://www.directorstalkinterviews.com/lam-research-corporation-consensus-buy-rating-and-39.6-upside-potential/4121170984
- Published: 2024-09-09T12:39:42+01:00
- Author: Charlotte Edwards

**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 target price High/Low ranges between $1,325.00 and $842.10 suggesting 
an average Analsyt target price of $1,055.12. Now with the previous closing price
of $755.92 this now indicates there is a potential upside of 39.6%. The day 50 moving
average is $906.05 and the 200 day MA is $889.97. The market cap for the company
is 95.31B. The stock price is currently at: $733.83 USD

 The potential market cap would be $133,030,247,113 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 25.33, 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.

Share on: