At the time of writing, Lam Research Corp [LRCX] stock is trading at $81.50, up 1.49%. An important factor to consider is whether the stock is rising or falling in short-term value. The LRCX shares have gain 9.47% over the last week, with a monthly amount glided 4.74%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Lam Research Corp [NASDAQ: LRCX] stock has seen the most recent analyst activity on January 17, 2025, when KeyBanc Capital Markets upgraded its rating to a Overweight but kept the price target unchanged to $95 for it. Previously, Wolfe Research downgraded its rating to Peer Perform on January 15, 2025. On December 17, 2024, Cleveland Research initiated with a Neutral rating. TD Cowen reiterated its Buy rating and increased its price target to $1050 on August 01, 2024. Jefferies initiated its recommendation with a Buy and recommended $1100 as its price target on May 13, 2024. TD Cowen reiterated a Buy rating for this stock on April 25, 2024, and upped its price target to $1000. In a note dated April 19, 2024, B. Riley Securities upgraded an Buy rating on this stock and boosted its target price from $870 to $1100.
For the past year, the stock price of Lam Research Corp fluctuated between $68.87 and $113.00. Currently, Wall Street analysts expect the stock to reach $95.29 within the next 12 months. Lam Research Corp [NASDAQ: LRCX] shares were valued at $81.50 at the most recent close of the market. An investor can expect a potential return of 16.92% based on the average LRCX price forecast.
Analyzing the LRCX fundamentals
According to Lam Research Corp [NASDAQ:LRCX], the company’s sales were 15.59B for trailing twelve months, which represents an 19.70% jump. Gross Profit Margin for this corporation currently stands at 0.48% with Operating Profit Margin at 0.29%, Pretax Profit Margin comes in at 0.3%, and Net Profit Margin reading is 0.26%. To continue investigating profitability, this company’s Return on Assets is posted at 0.21, Equity is 0.49 and Total Capital is 0.32. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.59.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 80.13 points at the first support level, and at 78.77 for the second support level. However, for the 1st resistance point, the stock is sitting at 82.65, and for the 2nd resistance point, it is at 83.80.
Ratios To Look Out For
It is important to note that Lam Research Corp [NASDAQ:LRCX] has a current ratio of 2.53. On the other hand, the Quick Ratio is 1.74, and the Cash Ratio is 1.14. Considering the valuation of this stock, the price to sales ratio is 6.73, the price to book ratio is 12.43 and price to earnings (TTM) ratio is 26.37.
Transactions by insiders
Recent insider trading involved Mayer Bethany, Director, that happened on Nov 01 ’24 when 1660.0 shares were sold. Director, Mayer Bethany completed a deal on Nov 01 ’24 to buy 1660.0 shares. Meanwhile, CVP, Chief Accounting Officer Correia Christina sold 647.0 shares on Oct 01 ’24.
