# Lam Research Corporation  Share Price Target ‘$1,019.95’, now -3.9% Downside Potential

- Link: https://www.directorstalkinterviews.com/lam-research-corporation-share-price-target-1019.95-now-3.9-downside-potential/4121161846
- Published: 2024-06-24T13:58:05+01:00
- Author: Charlotte Edwards

**Lam Research Corporation** which can be found using ticker (LRCX) have now 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 suggesting an average
analyst share price target price of $1,019.95. (at the time of writing). Now with
the previous closing price of $1,061.31 this is indicating there is a potential 
downside of -3.9%. The day 50 moving average is $948.36 and the 200 moving average
now moves to $816.33. The total market capitalization for the company now stands
at 137.32B. The stock price is currently at: $1,050.35 USD

 The potential market cap would be $131,972,201,020 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 38.62, 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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