Lam Research Corporation with ticker code (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 with the average share target price sitting at $1,041.11. (at the time of writing). Given that the stocks previous close was at $884.12 and the analysts are correct then we can expect a percentage increase in value of 17.8%. It’s also worth noting that there is a 50 day moving average of $1,003.81 and the 200 day moving average is $863.20. The company has a market cap of 116.97B. The stock price is currently at: $894.64 USD
The potential market cap would be $137,735,383,494 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 32.88, 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.
