lrcx stock price target

Full Answer

What will be the closing price of LRCX stocks?

Up almost 3.5x from its low in March 2020, at the current price of $637 per share, we believe Lam Research Corporation stock (NASDAQ: LRCX) has further upside potential. Lam Research, a semiconductor processing equipment manufacturer, has seen its stock ...

What does target price mean in stocks?

What Is A Target Price In Stocks?

• A target price is an estimate of the future price of a stock. …
• Target prices can be used to evaluate stocks and may be even more useful than an equity analyst’s rating.
• While opinion-based ratings have limited value, target prices can help investors evaluate the potential risk/reward profile of the stock.

What is the price of target stock?

The price target of a stock is the price at which the stock is fairly valued with respect to its historical and projected earnings. When stocks are trading below and above their price targets, investors can maximize their rates of return by buying and selling. Stock price targets are often published by research analysts.

What is target stock price?

The stock has a market cap of $20.58 billion, a price-to-earnings ratio of 875.81, a PEG ratio of 2.71 and a beta of 1.25. ZoomInfo Technologies has a fifty-two week low of $37.86 and a fifty-two week high of $79.17.

Is LRCX stock a good buy?

(NASDAQ: LRCX) Lam Research's forecast annual earnings growth rate of 11.77% is not forecast to beat the US Semiconductor Equipment & Materials industry's average forecast earnings growth rate of 14.8%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 16.03%.

What do analysts say about Lam Research?

Stock Price Forecast The 23 analysts offering 12-month price forecasts for Lam Research Corp have a median target of 600.00, with a high estimate of 840.00 and a low estimate of 510.00. The median estimate represents a +44.53% increase from the last price of 415.14.

Is Lam a buy or sell?

Lam Research has received a consensus rating of Hold. The company's average rating score is 2.45, and is based on 9 buy ratings, 11 hold ratings, and no sell ratings.

Is Lam Research stock going to split?

Stock splits involve dividing shares of a company into smaller pieces without changing its market capitalization (cap)....Which Stocks Will Split in 2022? 3 Possibilities to Watch.EQIXEquinix$770.08LRCXLam Research$505.39SIVBSVB Financial$530.77Apr 6, 2022

Why is Lrcx dropping?

It was due to a reduction in plasma etch purchases by China, which dropped 30% to all suppliers between Q2 and Q4, representing a decrease of $370 million.

Who are the competitors of Lam Research?

Lam Research competitors include Ichor Systems, KLA-TENCOR CORPORATION and ASML.

Will LRCX stock go up?

Based on our forecasts, a long-term increase is expected, the "LRCX" stock price prognosis for 2027-07-09 is 1114.530 USD. With a 5-year investment, the revenue is expected to be around +172.4%. Your current $100 investment may be up to $272.4 in 2027. Get It Now!

Is Lam Research overvalued?

LRCX stock looks overvalued at the moment, as its enterprise value to EBITDA ratio is 16.05 times compared to its historical average of 11.11 times. Also, its price to normalized earnings ratio is 19.58 times compared to its historical average of 15.19 times.

Does Lam Research make semiconductors?

Products. Lam Research designs and builds products for semiconductor manufacturing, including equipment for thin film deposition, plasma etch, photoresist strip, and wafer cleaning processes.

Which US stocks will split in 2022?

Upcoming stock splits in 2022CompanyStock Split RatioPayable DateAmazon (NASDAQ:AMZN)20-for-1June 3, 2022Alphabet (NASDAQ:GOOGL) (NASDAQ:GOOG)20-for-1July 15, 2022Shopify (NYSE:SHOP)10-for-1June 28, 2022DexCom (NASDAQ:DXCM)4-for-1June 10, 20221 more row•Jun 8, 2022

Which stocks might split in 2022?

Splits for July 2022Company (Click for Company Information)SymbolAnnouncement DateAbeona Therapeutics Inc Company WebsiteABEO7/1/2022Alphabet Inc Company WebsiteGOOGL2/1/2022Avalo Therapeutics Inc Company WebsiteAVTX7/7/2022Brickell Biotech Inc Company WebsiteBBI7/1/20227 more rows

Which shares will split in 2022?

SplitsCompanyOld FVSplit DateNavkar Urban. Add to Watchlist Add to Portfolio1023-06-2022Ashnisha Indust Add to Watchlist Add to Portfolio1023-06-2022Galactico Corp Add to Watchlist Add to Portfolio1016-06-2022Ajanta Soya Add to Watchlist Add to Portfolio1016-06-202244 more rows

Is Applied Materials a buy?

Great news for investors – Applied Materials is still trading at a fairly cheap price. My valuation model shows that the intrinsic value for the stock is $185.78, which is above what the market is valuing the company at the moment. This indicates a potential opportunity to buy low.

Is AMD a buy Zacks?

Zacks' proprietary data indicates that Advanced Micro Devices, Inc. is currently rated as a Zacks Rank 3 and we are expecting an inline return from the AMD shares relative to the market in the next few months.

Does Lam Research make chips?

Lam Research provides wafer fabrication equipment and services to the semiconductor industry. In short, they sell chips, chip manufacturing equipment, and chip-making services.

What is Zacks rating of Amat?

Price and Volume InformationZacks Rank52 Week High167.0652 Week Low82.67Beta1.5020 Day Moving Average7,001,825.502 more rows

What is Lam Research's consensus rating and price target?

According to the issued ratings of 20 analysts in the last year, the consensus rating for Lam Research stock is Buy based on the current 10 hold ra...

Do Wall Street analysts like Lam Research more than its competitors?

Analysts like Lam Research stock less than the stock of other Computer and Technology companies. The consensus rating score for Lam Research is 2.5...

Do MarketBeat users like Lam Research more than its competitors?

MarketBeat users like Lam Research stock more than the stock of other Computer and Technology companies. 79.62% of MarketBeat users gave Lam Resear...

Does Lam Research's stock price have much upside?

According to analysts, Lam Research's stock has a predicted upside of 22.89% based on their 12-month price targets.

What analysts cover Lam Research?

Lam Research has been rated by B. Riley , Barclays , DA Davidson , Deutsche Bank Aktiengesellschaft , Jefferies Financial Group , Mizuho , M...

Should I buy or sell Lam Research stock right now?

20 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Lam Research in the last year. There are currently 10 h...

What is Lam Research's stock price forecast for 2022?

20 analysts have issued 12 month target prices for Lam Research's stock. Their forecasts range from $525.00 to $840.00. On average, they anticipate...

How has Lam Research's stock price performed in 2022?

Lam Research's stock was trading at $719.15 at the beginning of the year. Since then, LRCX stock has decreased by 34.0% and is now trading at $474....

Are investors shorting Lam Research?

Lam Research saw a increase in short interest in May. As of May 31st, there was short interest totaling 1,780,000 shares, an increase of 24.5% from...

When is Lam Research's next earnings date?

Lam Research is scheduled to release its next quarterly earnings announcement on Wednesday, July 27th 2022. View our earnings forecast for Lam Res...

How were Lam Research's earnings last quarter?

Lam Research Co. (NASDAQ:LRCX) announced its quarterly earnings data on Wednesday, April, 20th. The semiconductor company reported $7.40 earnings p...

How often does Lam Research pay dividends? What is the dividend yield for Lam Research?

Lam Research announced a quarterly dividend on Wednesday, May 11th. Investors of record on Wednesday, June 15th will be given a dividend of $1.50 p...

Is Lam Research a good dividend stock?

Lam Research(NASDAQ:LRCX) pays an annual dividend of $6.00 per share and currently has a dividend yield of 1.26%. Lam Research has been increasing...

What guidance has Lam Research issued on next quarter's earnings?

Lam Research issued an update on its fourth quarter 2022 earnings guidance on Wednesday, April, 27th. The company provided earnings per share guida...

About Lam Research

Lam Research Corp. engages in manufacturing and servicing of wafer processing semiconductor manufacturing equipment. It operates through the following geographical segments: the United States, China, Europe, Japan, Korea, Southeast Asia, and Taiwan. It offers thin film deposition, plasma etch, photoresist strip, and wafer cleaning.

Headlines

Is There An Opportunity With Lam Research Corporation's (NASDAQ:LRCX) 41% Undervaluation?

Lam Research (NASDAQ:LRCX) Frequently Asked Questions

25 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Lam Research in the last twelve months. There are currently 11 hold ratings and 14 buy ratings for the stock.

What is Lam Research?

The firm is focused on the etch, deposition, and clean markets, which are key steps in the semiconductor manufacturing process , especially for 3D NAND flash storage, advanced DRAM, and leading-edge logic/foundry chipmakers. Lam's flagship Kiyo, Vector, and Sabre products are sold in all major geographies to key customers such as Samsung Electronics and TSMC.

Is the March payrolls report a magic elixir?

The March non-farm payrolls report was like a magic elixir, causing recession fears to vanish and enabling stocks to end the week to the upside. Still, recent economic data on the manufacturing side has been far from robust. American Airlines announced the extended grounding of its 737 Max fleet, casting a pall on the first spring-like weekend of 2019.

Stock Price Forecast

The 24 analysts offering 12-month price forecasts for Lam Research Corp have a median target of 727.50, with a high estimate of 869.00 and a low estimate of 560.00. The median estimate represents a +29.11% increase from the last price of 563.46.

Analyst Recommendations

The current consensus among 29 polled investment analysts is to Buy stock in Lam Research Corp. This rating has held steady since January, when it was unchanged from a Buy rating. Move your mouse over past months for detail