From what 20 stock analysts predict, the share price for Lam Research Corp (LRCX) might decrease by 5.25% in the next year. This is based on a 12-month average estimation for LRCX. Price targets go from $725.00 to $980.00. The majority of stock analysts believe LRCX is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
LRCX is a stock in Technology which has been forecasted to be worth $877.40 as an average. On the higher end, the forecast price is $980.00 USD by chris caso from Wolfe Research and on the lower end LRCX is forecasted to be $725.00 by timothy arcuri from UBS.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
mehdi hosseini Susquehanna | Hold | $880.0 | maintained | Jan 29, 2024 |
craig ellis B.Riley Financial | Hold | $870.0 | maintained | Jan 25, 2024 |
harlan sur J.P. Morgan | Buy | $900.0 | reiterated | Jan 25, 2024 |
steve barger KeyBanc | Hold | None | upgraded | Jan 25, 2024 |
krish sankar TD Cowen | Buy | $975.0 | maintained | Jan 25, 2024 |
joseph moore Morgan Stanley | Hold | $866.0 | maintained | Jan 25, 2024 |
chris caso Wolfe Research | Buy | $980.0 | maintained | Jan 25, 2024 |
brian chin Stifel Nicolaus | Buy | $950.0 | maintained | Jan 25, 2024 |
stacy rasgon Bernstein | Hold | $750.0 | maintained | Jan 25, 2024 |
jim hin kwong au DBS | Buy | None | maintained | Jan 25, 2024 |
tammy qiu Berenberg Bank | Buy | $960.0 | maintained | Jan 25, 2024 |
toshiya hari Goldman Sachs | Buy | $912.0 | rated | Jan 25, 2024 |
charles shi Needham | Buy | $900.0 | maintained | Jan 25, 2024 |
vivek arya Bank of America Securities | Buy | $970.0 | reiterated | Jan 24, 2024 |
joseph quatrochi Wells Fargo | Hold | $800.0 | maintained | Jan 24, 2024 |
atif malik Citi | Buy | $975.0 | reiterated | Jan 24, 2024 |
vijay rakesh Mizuho Securities | Buy | $935.0 | maintained | Jan 24, 2024 |
thomas o'malley Barclays | Hold | $825.0 | maintained | Jan 24, 2024 |
aaron rakers Wells Fargo | Hold | $785.0 | maintained | Jan 3, 2024 |
pierre ferragu New Street | Hold | $790.0 | initiatedcoverage | Dec 18, 2023 |
Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. The company offers ALTUS systems to deposit conformal films for tungsten metallization applications; SABRE electrochemical deposition products for copper interconnect transition that offers copper damascene manufacturing; SOLA ultraviolet thermal processing products for film treatments; and VECTOR plasma-enhanced CVD ALD products. It also provides SPEED gapfill high-density plasma chemical vapor deposition products; and Striker single-wafer atomic layer deposition products for dielectric film solutions. In addition, the company offers Flex for dielectric etch applications; Kiyo for conductor etch applications; Syndion for through-silicon via etch applications; and Versys metal products for metal etch processes. Further, it provides Coronus bevel clean products to enhance die yield; Da Vinci, DV-Prime, EOS, and SP series products to address various wafer cleaning applications; and Metryx mass metrology systems for high precision in-line mass measurement in semiconductor wafer manufacturing. The company sells its products and services to semiconductors industry in the United States, China, Europe, Japan, Korea, Southeast Asia, Taiwan, and internationally. The company was incorporated in 1980 and is headquartered in Fremont, California.
When did it IPO
1984
Staff Count
17,200
Country
United States
Sector/Industry
Technology/Semiconductor Equipment & Materials
CEO
Mr. Timothy M. Archer
Market Cap
$121.41B
In 2023, LRCX generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that LRCX's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2019
Revenue From 2020
Revenue From 2021
Revenue From 2022
PANW-USD
$366.41
$198.94
ISRG-USD
$377.64
$254.76
MDLZ-USD
$71.98
ADI-USD
$191.91