Lam Research Corporation with ticker code (LRCX) have now 25 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between 778.06 and 291.42 with the average target price sitting at $643.17. Given that the stocks previous close was at $583.34 this indicates there is a potential upside of 10.3%. The day 50 moving average is $642.63 while the 200 day moving average is $580.04. The company has a market cap of 77.12B. The current share price for the company is: 585.13 USD
The potential market cap would be $85,024,769,129 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 19.84, revenue per share of 117.84 and a 15.53% 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.
