Lam Research Corporation which can be found using ticker (LRCX) have now 24 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The range between the high target price and low target price is between $1,130.00 and $670.00 suggesting an average Analsyt target price of $925.95. Given that the stocks previous close was at $951.63 this is indicating there is a potential downside of -2.7%. It’s also worth noting that there is a 50 day moving average of $922.87 and the 200 day MA is $739.32. The company has a market cap of 126.98B. The current share price for the company is: $968.58 USD
The potential market cap would be $123,557,057,860 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 37.32, 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.
