Lam Research Corp. (LRCX) Stock Forecast & Predictions

Lam Research Corp. LRCX: $612.56

4650 Cushing Pkwy, Fremont, California, US. | Sector: Manufacturing | Exchange: NASDAQ | Web: www.lamresearch.com

  • Market Cap$86.96B
  • Change (52 Weeks)89.27%
  • Low (52 Weeks)$318.52
  • Lam Research Corp. (LRCX) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 18.75% are on Buy, 31.25% on Sell, and 50.00% Neutral.

    According to the market data, Lam Research Corp. (LRCX) stock price is $612.56 and the 52 weeks low is $318.52, which means the Lam Research Corp. stock price is up 89.27% in the last 12 months.

    Lam Research Corp. (LRCX) Stock Price has been Trending Strongly with an ADX reading of 28.48 as per the Weekly Chart.

    A Upward trend indicates that Lam Research Corp. (LRCX) Stock Price may keep going up, with temporary Retracement (the process of stock price bouncing because of short term profit taking by the traders and investors).

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 18.75% are indicating that LRCX Stock price might rise further, 31.25% indicating that LRCX Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall LRCX stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Lam Research Corp. (LRCX) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Lam Research Corp. (LRCX) is based on 34 Institutional Analyst Ratings where 55.88% are on Strong Buy, 20.59% on Moderate Buy, 23.53% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 34 Institutional Analysts, majority recommended LRCX stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Lam Research Corp..

    Lam Research Corp. (LRCX) Stock Price Prediction By Analysts


    HighLowAverage
    $855.75$646.40$748.28
    $748.2822.16% Upside
    Updated: 2021-09-19 00:00:00

    The Average Price target for LRCX set by the institutional analysts is $748.28 where High Estimate is $855.75, Median $740.52 and Low $646.40.

    The average price target for LRCX by Institutional Analysts is $748.28, which is 22.16% Upside from the current price. So according to the Institutional Analysts, LRCX Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Lam Research Corp. (LRCX) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 478,822 investor portfolio.

    Our algorithm has analysed 478,822 investor portfolio with LRCX stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about LRCX and holding their positions hoping for a further rise in the stock price and more profit.

    Lam Research Corp. (LRCX) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    SusquehannaNeutralDowngraded
    Exane BNP ParibasNeutralDowngraded
    Wells FargoEqual-WeightMaintained
    MizuhoBuyMaintained
    UBSBuyMaintained
    StifelBuyMaintained
    Morgan StanleyOverweightMaintained
    MizuhoBuyMaintained
    KeybancOverweightMaintained
    BarclaysOverweightMaintained
    CitigroupBuyMaintained
    Wells FargoEqual-WeightMaintained
    Deutsche BankHoldMaintained
    Credit SuisseOutperformMaintained
    Argus ResearchBuyMaintained
    Cowen & Co.OutperformMaintained
    BernsteinOutperformInitiated
    Morgan StanleyOverweightMaintained
    MizuhoBuyMaintained
    KeyBancOverweightMaintained
    BarclaysOverweightMaintained
    Deutsche BankHoldMaintained
    Credit SuisseOutperformMaintained
    CitigroupBuyMaintained
    NeedhamHoldDowngraded
    KeyBancOverweightMaintained
    Deutsche bankHoldDowngraded
    Morgan StanleyOverweightMaintained
    KeyBancOverweightMaintained
    Morgan StanleyOverweightMaintained
    KeyBancOverweightMaintained
    StifelBuyUpgraded
    StifelHoldMaintained
    RBC CapitalOutperformMaintained
    NeedhamBuyMaintained
    Morgan StanleyOverweightMaintained
    KeyBancOverweightMaintained
    Deutsche BankBuyMaintained
    CitigroupBuyMaintained
    MizuhoBuyMaintained
    B. Riley FBRBuyUpgraded
    BarclaysOverweightMaintained
    Deutsche BankBuyMaintained
    StifelHoldDowngraded
    Morgan StanleyOverweightUpgraded
    BarclaysOverweightInitiated
    Wells FargoEqual-WeightMaintained
    NomuraBuyMaintained
    NeedhamBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    MizuhoBuyMaintained
    KeyBancOverweightMaintained
    JP MorganOverweightMaintained
    CFRAHoldMaintained
    B. Riley FBRNeutralMaintained
    StifelBuyMaintained
    NomuraBuyUpgraded
    Deutsche BankBuyUpgraded
    Wells FargoEqual-WeightMaintained
    MizuhoBuyUpgraded
    B. Riley FBRNeutralDowngraded
    Morgan StanleyEqual-WeightMaintained
    Deutsche BankHoldMaintained
    B. Riley FBRBuyMaintained
    Wells FargoEqual-WeightMaintained
    UBSSellMaintained
    SusquehannaPositiveUpgraded
    Stifel NicolausBuyMaintained
    NeedhamBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    MizuhoNeutralMaintained
    KeyBancOverweightMaintained
    DA DavidsonBuyUpgraded
    Credit SuisseOutperformMaintained
    CitigroupBuyMaintained
    B. RileyBuyMaintained
    B of A SecuritiesBuyMaintained
    Deutsche BankHoldMaintained
    NeedhamBuyMaintained
    B of A SecuritiesBuyUpgraded
    Wells FargoEqual-WeightMaintained
    Morgan StanleyEqual-WeightMaintained
    KeyBancOverweightMaintained
    UBSSellDowngraded
    CitigroupBuyMaintained
    Stifel NicolausBuyMaintained
    RBC CapitalOutperformMaintained
    NomuraNeutralMaintained
    NeedhamBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    KeyBancOverweightMaintained
    Deutsche BankHoldMaintained
    Cowen & Co.OutperformMaintained
    CitiBuyMaintained
    B. RileyBuyMaintained
    B. RileyBuyMaintained
    CitigroupBuyMaintained
    Wells FargoMarket PerformMaintained
    NomuraNeutralInitiated
    Evercore ISI GroupOutperformUpgraded
    Wells FargoMarket PerformMaintained
    KeyBancOverweightMaintained
    Goldman SachsBuyUpgraded
    DA DavidsonNeutralDowngraded
    Wells FargoMarket PerformInitiated
    Evercore ISI GroupIn-LineDowngraded
    UBSNeutralMaintained
    KeyBancOverweightMaintained
    Deutsche BankHoldMaintained
    B. Riley FBRBuyMaintained
    B. Riley FBRBuyUpgraded
    Deutsche BankHoldMaintained
    Morgan StanleyEqual-WeightDowngraded
    RBC CapitalOutperformUpgraded
    NeedhamBuyInitiated
    B. Riley FBRNeutralDowngraded
    SusquehannaNeutralDowngraded
    KeyBancOverweightMaintained
    MizuhoNeutralDowngraded
    Deutsche BankHoldDowngraded
    UBSNeutralDowngraded
    CitigroupBuyMaintained
    Goldman SachsNeutralDowngraded
    Bank of AmericaNeutralDowngraded
    CitigroupBuyMaintained
    Stifel NicolausBuyMaintained
    Morgan StanleyOverweightMaintained
    KeyBancOverweightMaintained
    JP MorganOverweightMaintained
    CitigroupBuyMaintained
    UBSBuyUpgraded
    RBC CapitalSector PerformDowngraded
    Bank of AmericaBuyMaintained
    CitigroupBuyUpgraded
    Stifel NicolausBuyMaintained
    KeyBancOverweightMaintained
    Credit SuisseOutperformMaintained
    B. Riley FBRBuyMaintained
    B. RileyBuyMaintained
    UBSNeutralInitiated
    MizuhoBuyInitiated
    FBN SecuritiesOutperformInitiated
    KeyBancOverweightMaintained
    Morgan StanleyOverweightMaintained
    KeyBancOverweightMaintained
    JP MorganOverweightMaintained
    SusquehannaPositiveUpgraded
    InstinetBuyUpgraded
    ArgusBuyMaintained
    Morgan StanleyOverweightMaintained
    Credit SuisseOutperformMaintained
    CitigroupNeutralMaintained
    Bank of AmericaBuyMaintained
    B. Riley FBRBuyMaintained
    B. RileyBuyMaintained
    Argus ResearchBuyInitiated
    ArgusBuyInitiated
    CitigroupNeutralDowngraded
    Pacific CrestOverweightUpgraded
    Goldman SachsBuyUpgraded
    B. Riley FBRBuyMaintained
    B. RileyBuyMaintained
    Pacific CrestSector WeightDowngraded
    DA DavidsonBuyMaintained
    CitigroupBuyMaintained
    CitigroupBuyMaintained
    NomuraNeutralDowngraded
    CitigroupBuyMaintained
    UBSBuyMaintained
    Stifel NicolausBuyMaintained
    Pacific CrestOverweightMaintained
    Morgan StanleyOverweightMaintained
    Deutsche BankBuyMaintained
    B. Riley FBRBuyMaintained
    B. RileyBuyMaintained
    RBC CapitalOutperformInitiated
    B. Riley FBRBuyMaintained
    B. RileyBuyMaintained
    Morgan StanleyOverweightInitiated
    B. Riley FBRBuyMaintained
    B. RileyBuyMaintained
    KeyBancOverweightMaintained
    RBC CapitalUnderperformDowngraded
    CLSABuyUpgraded
    SusquehannaNeutralMaintained
    Pacific CrestOverweightMaintained
    SusquehannaNeutralMaintained
    KeyBancOverweightMaintained
    JP MorganOverweightMaintained
    JefferiesBuyMaintained
    Credit SuisseOutperformMaintained
    DA DavidsonBuyMaintained
    CitigroupBuyMaintained
    NomuraBuyMaintained
    Stifel NicolausBuyMaintained
    Deutsche BankBuyMaintained
    Bank of AmericaBuyMaintained
    BerenbergBuyInitiated
    JP MorganOverweightMaintained
    JefferiesBuyMaintained
    JP MorganOverweightMaintained
    Credit SuisseOutperformMaintained
    CitigroupNeutralMaintained
    JefferiesBuyMaintained
    NomuraBuyMaintained
    Deutsche BankBuyMaintained
    CitigroupNeutralMaintained
    Pacific CrestOutperformMaintained
    NomuraBuyMaintained
    Deutsche BankBuyMaintained
    Credit SuisseOutperformMaintained
    CitigroupHoldMaintained
    B. Riley FBRBuyMaintained
    B. RileyBuyMaintained
    ISI GroupStrong BuyInitiated
    NomuraBuyInitiated
    RBC CapitalSector PerformDowngraded
    Stifel NicolausBuyMaintained
    DA DavidsonBuyMaintained
    SusquehannaNeutralDowngraded
    Stifel NicolausBuyMaintained
    Goldman SachsBuyUpgraded
    DA DavidsonBuyMaintained
    Stifel NicolausBuyMaintained
    JP MorganOverweightInitiated
    Northland SecuritiesOutperformInitiated
    Stifel NicolausBuyMaintained
    RBC CapitalOutperformInitiated
    RBC CapitalOutperformInitiated
    Bank of AmericaBuyUpgraded
    CLSABuyUpgraded
    Deutsche BankBuyMaintained
    Standpoint ResearchHoldDowngraded
    Cowen & Co.OutperformUpgraded
    CitigroupNeutralMaintained
    PiperJaffrayOverweightMaintained
    DA DavidsonBuyMaintained
    UBSBuyMaintained
    BarclaysEqual-WeightDowngraded
    DA DavidsonBuyInitiated
    BarclaysOverweightMaintained
    SusquehannaPositiveUpgraded
    PiperJaffrayOverweightMaintained
    CitigroupNeutralMaintained
    Stifel NicolausBuyMaintained
    JP MorganUnderweightMaintained
    CitigroupNeutralDowngraded
    CitigroupBuyMaintained
    CitigroupBuyMaintained
    JP MorganUnderweightDowngraded
    Bank ofericaUnderperformMaintained
    JP MorganNeutralDowngraded

    Lam Research Corp. (LRCX) Stock Earning Per Share (EPS) Forecast / Estimate


    $8.611
    The average consensus EPS for LRCX is $8.611 with a high estimate of $9.933 and Low of $7.889 for the period 2021-12-31 and based on 24 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $8.09$7.69944962021-12-31


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$8.3779742022-03-31
    $8.09$7.69944962021-12-31
    $7.49$6.7505132021-09-30
    $6.03$5.83920422021-06-30
    $5.67$5.2990532021-03-31
    $4.78$4.1287052020-12-31
    $3.98$4.0599060000000012020-09-30
    $4.01$3.92726522020-06-30
    $3.18$3.06826200000000032020-03-31
    $3.62$3.49237800000000042019-12-31
    $3.7$3.44726339999999982019-09-30
    $3.87$3.73652522019-06-30
    $3.36$3.28060562019-03-31
    $5.31$5.03891219999999952018-12-31
    $4.79$4.47123122018-09-30
    $4.34$3.75815942018-06-30
    $3.46$3.343562018-03-31
    $3.11$3.08706059999999962017-12-31
    $2.8$2.60244842017-09-30
    $2.24$2.23827780000000052017-06-30
    $1.81$1.81076519999999992017-03-31
    $1.8$1.67461562016-12-31
    $1.18$1.12224479999999982016-09-30
    $1.57$1.45480562016-06-30
    $1.82$1.743692016-03-31
    $1.5$1.50305159999999982015-12-31
    $1.4$1.32524520000000012015-09-30
    $1.19$1.15089659999999982015-06-30
    $0.96$0.94980359999999992015-03-31
    $1.25$1.25851682014-12-31
    $1.26$1.18867742014-09-30
    $1.1$1.051622014-06-30
    $0.81$0.72094620000000012014-03-31
    $0.8$0.72896342013-12-31
    $0.44$0.373758600000000052013-09-30
    $0.45$0.45152342013-06-30
    $0.53$0.4194752013-03-31
    $0.6$0.64854662012-12-31
    $0.5$0.46412012-09-30
    $0.34$0.3036032012-06-30

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).