# Lam Research Corporation  Share Price Target ‘$1,019.95’, now -4.9% Downside Potential

- Link: https://www.directorstalkinterviews.com/lam-research-corporation-share-price-target-1019.95-now-4.9-downside-potential/4121163649
- Published: 2024-07-04T12:04:14+01:00
- Author: Charlotte Edwards

**Lam Research Corporation** with ticker code (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
suggesting an average analyst share price target price of $1,019.95. (at the time
of writing). Given that the stocks previous close was at $1,072.82 this would indicate
that there is a downside of -4.9%. The 50 day MA is $969.97 while the 200 day moving
average is $832.20. The market capitalization for the company is 141.56B. The stock
price is currently at: $1,082.74 USD

 The potential market cap would be $134,582,321,369 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 39.84, 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: