Lam Research Corporation – Consensus ‘buy’ rating and 9.3% Upside Potential

Broker Ratings
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Lam Research Corporation which can be found using ticker (LRCX) now have 26 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between $1,325.00 and $670.00 calculating the average target price we see $1,041.11. Given that the stocks previous close was at $952.60 this would indicate that there is a potential upside of 9.3%. The day 50 moving average is $1,010.49 while the 200 day moving average is $867.59. The company has a market capitalization of 119.90B. The stock price is currently at: $917.11 USD

The potential market cap would be $131,044,643,755 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 33.67, revenue per share of $107.68 and a 13.53% 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.

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