Lam Research Corporation with ticker code (LRCX) now have 24 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $903.07 and $617.40 with the average target price sitting at $817.94. Given that the stocks previous close was at $981.53 this indicates there is a potential downside of -16.7%. The 50 day MA is $839.11 and the 200 moving average now moves to $699.05. The company has a market cap of 128.16B. The current stock price for Microsoft Corporation is currently $977.52 USD
The potential market cap would be $106,796,285,428 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 37.86, revenue per share of $107.41 and a 13.24% 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.
