Lam Research (LRCX)
(Delayed Data from NSDQ)
$915.42 USD
+7.88 (0.87%)
Updated May 10, 2024 04:00 PM ET
After-Market: $917.14 +1.72 (0.19%) 7:58 PM ET
3-Hold of 5 3
D Value A Growth B Momentum B VGM
Lam Research (LRCX) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$979.56 | $1,200.00 | $750.00 | 7.94% |
Price Target
Based on short-term price targets offered by 25 analysts, the average price target for Lam Research comes to $979.56. The forecasts range from a low of $750.00 to a high of $1,200.00. The average price target represents an increase of 7.94% from the last closing price of $907.54.
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 1.85 a month ago based on 26 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 53.85%, while Buy represented 7.69%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 16 | 16 | 14 | 14 | 14 |
Buy | 2 | 2 | 2 | 2 | 2 |
Hold | 9 | 9 | 10 | 9 | 9 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.74 | 1.74 | 1.85 | 1.80 | 1.80 |
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 |
---|---|---|---|---|
4/25/2024 | Susquehanna Financial Group | Mehdi Hosseini | Hold | Hold |
4/25/2024 | New Street Research | Pierre C Ferragu | Hold | Hold |
4/25/2024 | Mizuho SecuritiesUSA | Vijay R Rakesh | Strong Buy | Strong Buy |
4/24/2024 | Raymond James | Srini Pajjuri | Moderate Buy | Moderate Buy |
4/24/2024 | Summit Insights Group | Kinngai Chan | Strong Buy | Strong Buy |
4/19/2024 | B. Riley Securities | Craig A Ellis | Hold | Strong Buy |
4/18/2024 | Needham & Company | Charles Shi | Moderate Buy | Moderate Buy |
4/16/2024 | Evercore Partners | Mark Lipacis | Not Available | Strong Buy |
3/4/2024 | Cantor Fitzgerald & Co | Christopher J Muse | Hold | Hold |
1/25/2024 | Berenberg Bank | Tammy Qiu | Strong Buy | 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 | $979.56 |
LT Growth Rate | 10.90% |
Industry | Semiconductor Equipment - Wafer Fabrication |
Industry Rank by ABR | 219 of 252 |
Current Quarter EPS Est: | 7.47 |