Lam Research (LRCX)
(Delayed Data from NSDQ)
$847.37 USD
+11.65 (1.39%)
Updated Aug 23, 2024 04:00 PM ET
After-Market: $847.37 0.00 (0.00%) 7:58 PM ET
3-Hold of 5 3
C Value B Growth A Momentum B VGM
Lam Research (LRCX) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$1,051.44 | $1,325.00 | $750.00 | 25.81% |
Price Target
Based on short-term price targets offered by 25 analysts, the average price target for Lam Research comes to $1,051.44. The forecasts range from a low of $750.00 to a high of $1,325.00. The average price target represents an increase of 25.81% from the last closing price of $835.72.
Analyst Price Targets (25)
Broker Rating
Lam Research currently has an average brokerage recommendation (ABR) of 1.74 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 27 brokerage firms. The current ABR compares to an ABR of 1.74 a month ago based on 27 recommendations.
Of the 27 recommendations deriving the current ABR, 16 are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 59.26% and 7.41% of all recommendations. A month ago, Strong Buy made up 59.26%, while Buy represented 7.41%.
Broker Rating Breakdown
![Broker Rating Visualization](https://widget3.zacks.com/images/charts/bar/brokerage/bar/LRCX.png)
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 16 | 16 | 16 | 16 | 16 |
Buy | 2 | 2 | 2 | 2 | 2 |
Hold | 9 | 9 | 9 | 9 | 9 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.74 | 1.74 | 1.74 | 1.74 | 1.74 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
8/5/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
8/1/2024 | Mizuho SecuritiesUSA | Vijay R Rakesh | Strong Buy | Strong Buy |
8/1/2024 | Cowen & Co. | Sreekrishnan Sankar | Strong Buy | Strong Buy |
8/1/2024 | Needham & Company | Charles Shi | Moderate Buy | Moderate Buy |
7/24/2024 | B. Riley Securities | Craig A Ellis | Strong Buy | Strong Buy |
7/16/2024 | Cantor Fitzgerald & Co | Christopher J Muse | Hold | Hold |
7/15/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
7/15/2024 | UBS | Timothy Arcuri | Strong Buy | Strong Buy |
6/17/2024 | Wells Fargo Securities | Joe M Quatrochi | Hold | Hold |
5/12/2024 | Not Identified | Not Identified | Not Available | Strong Buy |
4/25/2024 | Susquehanna Financial Group | Mehdi Hosseini | Hold | Hold |
4/25/2024 | Not Identified | Not Identified | Hold | Hold |
4/25/2024 | New Street Research | Pierre C Ferragu | Hold | Hold |
4/24/2024 | Summit Insights Group | Kinngai Chan | Strong Buy | Strong Buy |
4/24/2024 | Raymond James | Srini Pajjuri | Moderate Buy | Moderate Buy |
4/16/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
4/16/2024 | Evercore Partners | Mark Lipacis | Not Available | Strong Buy |
1/25/2024 | Berenberg Bank | Tammy Qiu | Strong Buy | Strong Buy |
1/25/2024 | Goldman Sachs | Toshiya Hari | Strong Buy | Strong Buy |
1/8/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
1/4/2024 | Not Identified | Not Identified | Hold | Hold |
11/22/2023 | Atlantic Equities | Timm Schulze-Melander | Not Available | Strong Buy |
10/18/2023 | KeyBanc Capital Markets | Steve Barger | Hold | Hold |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.74 |
ABR (Last week) | 1.74 |
# of Recs in ABR | 27 |
Average Target Price | $1,051.44 |
LT Growth Rate | 14.80% |
Industry | Semiconductor Equipment - Wafer Fabrication |
Industry Rank by ABR | 102 of 253 |
Current Quarter EPS Est: | 8.00 |