# Lam Research Corporation – Consensus ‘buy’ rating and 9.3% Upside Potential

- Link: https://www.directorstalkinterviews.com/lam-research-corporation-consensus-buy-rating-and-9.3-upside-potential/4121165655
- Published: 2024-07-22T13:48:03+01:00
- Author: Charlotte Edwards

**Lam Research Corporation** which can be found using ticker (LRCX) now have 26 
market analysts covering the stock. The analyst consensus now points to a rating
of ‘buy’. The range between the high target price and low target price is between
$1,325.00 and $670.00 calculating the average target price we see $1,041.11. Given
that the stocks previous close was at $952.60 this would indicate that there is 
a potential upside of 9.3%. The day 50 moving average is $1,010.49 while the 200
day moving average is $867.59. The company has a market capitalization of 119.90B.
The stock price is currently at: $917.11 USD

 The potential market cap would be $131,044,643,755 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 33.67, 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.

Share on: