Lam Research Corporation with ticker code (LRCX) now have 24 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between $980.00 and $670.00 suggesting an average Analsyt target price of $887.62. Now with the previous closing price of $913.78 this is indicating there is a potential downside of -2.9%. The 50 day moving average now sits at $799.80 and the 200 day moving average is $678.69. The total market capitalization for the company now stands at 121.41B. The stock price for Apple Inc. is $926.03 USD
The potential market cap would be $117,929,685,025 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 35.71, 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.
