Lam Research Corp [LRCX] stock prices are down -6.58% to $66.43 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The LRCX shares have gain 1.86% over the last week, with a monthly amount drifted -13.27%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Susquehanna upgraded its rating to Positive on February 20, 2025, and elevated its price target to $125. On January 30, 2025, upgrade upgraded it’s rating to Overweight but maintained its price target of $100 on the stock. Bernstein upgraded its rating to a Outperform and increased its price target to $91 on January 30, 2025. KeyBanc Capital Markets upgraded its rating to a Overweight but $95 remained the price target by the analyst firm on January 17, 2025. Wolfe Research downgraded its rating to Peer Perform for this stock on January 15, 2025. In a note dated December 17, 2024, Cleveland Research initiated an Neutral rating.
The stock price of Lam Research Corp [LRCX] has been fluctuating between $56.32 and $113.00 over the past year. Currently, Wall Street analysts expect the stock to reach $95 within the next 12 months. Lam Research Corp [NASDAQ: LRCX] shares were valued at $66.43 at the most recent close of the market. An investor can expect a potential return of 43.01% based on the average LRCX price forecast.
Analyzing the LRCX fundamentals
The Lam Research Corp [NASDAQ:LRCX] reported sales of 16.21B for trailing twelve months, representing a surge 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.57.
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 63.80 points at the first support level, and at 61.17 for the second support level. However, for the 1st resistance point, the stock is sitting at 68.53, and for the 2nd resistance point, it is at 70.63.
Ratios To Look Out For
It’s worth pointing out that Lam Research Corp [NASDAQ:LRCX]’s Current Ratio is 2.54. On the other hand, the Quick Ratio is 1.73, and the Cash Ratio is 1.06. Considering the valuation of this stock, the price to sales ratio is 5.26, the price to book ratio is 9.69 and price to earnings (TTM) ratio is 20.19.
Transactions by insiders
Recent insider trading involved Varadarajan Seshasayee, Senior Vice President, that happened on Feb 20 ’25 when 0.11 million shares were sold. Officer, Varadarajan Seshasayee completed a deal on Feb 20 ’25 to buy 0.11 million shares. Meanwhile, Director Mayer Bethany sold 1660.0 shares on Nov 01 ’24.
