Lam Research Corporation which can be found using ticker (LRCX) now have 23 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between 800 and 309 and has a mean target at $671.22. Given that the stocks previous close was at $696.00 this would imply there is a potential downside of -3.6%. The 50 day moving average now sits at $641.94 while the 200 day moving average is $522.94. The total market capitalization for the company now stands at 92.16B. The current share price for the company is: 686.05 USD
The potential market cap would be $88,882,602,069 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 19.08, revenue per share of 128.65 and a 18.4% 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.
