Lam Research Corporation with ticker code (LRCX) now have 24 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $980.00 and $670.00 and has a mean share price target at $887.62. (at the time of writing). Given that the stocks previous close was at $922.67 this indicates there is a potential downside of -3.8%. Also worth taking note is the 50 day moving average now sits at $827.65 and the 200 moving average now moves to $692.76. The total market capitalization for the company now stands at 123.01B. The current share price for the company is: $938.25 USD
The potential market cap would be $118,334,640,638 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 36.23, 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.
