Lam Research Corp [LRCX] stock is trading at $80.19, down -1.06%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The LRCX shares have gain 6.03% over the last week, with a monthly amount glided 11.02%, 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 30, 2025, when Cantor Fitzgerald upgraded its rating to a Overweight but kept the price target unchanged to $100 for it. Previously, Bernstein upgraded its rating to Outperform on January 30, 2025, and elevated its price target to $91. On January 17, 2025, upgrade upgraded it’s rating to Overweight but maintained its price target of $95 on the stock. Wolfe Research downgraded its rating to a Peer Perform. Cleveland Research initiated its recommendation with a Neutral. TD Cowen reiterated a Buy rating for this stock on August 01, 2024, and upped its price target to $1050. In a note dated May 13, 2024, Jefferies initiated an Buy rating and provided a target price of $1100 on this stock.
Lam Research Corp [LRCX] stock has fluctuated between $68.87 and $113.00 over the past year. 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 $80.19 at the most recent close of the market. An investor can expect a potential return of 18.83% based on the average LRCX price forecast.
Analyzing the LRCX fundamentals
Lam Research Corp [NASDAQ:LRCX] reported sales of 16.21B for the trailing twelve months, which represents a growth of 16.44%. Gross Profit Margin for this corporation currently stands at 0.48% with Operating Profit Margin at 0.3%, 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 0.22, Equity is 0.51 and Total Capital is 0.33. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.57.
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 78.61 points at the first support level, and at 77.02 for the second support level. However, for the 1st resistance point, the stock is sitting at 81.67, and for the 2nd resistance point, it is at 83.14.
Ratios To Look Out For
For context, Lam Research Corp’s Current Ratio is 2.54. As well, the Quick Ratio is 1.73, while the Cash Ratio is 1.06. Considering the valuation of this stock, the price to sales ratio is 6.37, the price to book ratio is 11.70 and price to earnings (TTM) ratio is 24.37.
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.
