This summary was created by AI, based on 8 opinions in the last 12 months.
Experts recognize Lam Research Corp (LRCX-Q) as a promising long-term investment despite current market conditions. The company is viewed as operating within a semi cycle that is currently influenced by AI developments, with those linked to semiconductors seeing robust performance. Analysts express confidence in LRCX's reduced exposure to China and its strong potential in semiconductor manufacturing. A bullish sentiment prevails, particularly following the announcement of a 10-for-1 stock split and a major buyback, highlighting the company's commitment to maximizing shareholder value. Predictions for the company's future performance suggest a substantial price target, underscoring the belief in its resilience amidst market fluctuations.
(Note 10 for 1 stock split October 3, 2024)
Got caught in the backwash of ASML. Reports tonight. He's on board with the analysts' average price target, getting close to being fully priced. Watch tonight when earnings come out, and listen for comparisons with ASML. Good support on the chart around $71. Next support after that is around $57. A great place to buy would be in low-mid $60s.
Great opportunity to pick up 4 pillars. MU on the manufacturing, TSM for the foundry, LRCX or KLAC or ASML as the equipment suppliers, NVDA is a gift down here as a designer. And (he can't believe he's going to say this) even INTC; come 2025, it will be competitive with NVDA.
There are probably 4 in this category of semiconductor equipment suppliers. LRCX does design, manufactures the equipment, refurbishes and services the equipment. 12-month price target of $1069, decent runway. Reports soon. Very conservative, so we won't get surprised.
ASML using ultraviolet to etch chips has become the cat's meow, carving out a nice niche for EUVs. It's a bit cheaper. Reported last week, positive on top and bottom lines but lowered guidance. It sees demand coming back very strong in second half. Semis are a big thing with the AI revolution. Opportunity to buy a fantastic company at a cheaper price. 12-month price target of $1070.
For new money, put half in each.
Lam Research Corp is a American stock, trading under the symbol LRCX-Q on the NASDAQ (LRCX). It is usually referred to as NASDAQ:LRCX or LRCX-Q
In the last year, 8 stock analysts published opinions about LRCX-Q. 7 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Lam Research Corp.
Lam Research Corp was recommended as a Top Pick by on . Read the latest stock experts ratings for Lam Research Corp.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
8 stock analysts on Stockchase covered Lam Research Corp In the last year. It is a trending stock that is worth watching.
On 2025-04-01, Lam Research Corp (LRCX-Q) stock closed at a price of $72.83.
There's a semi cycle and a new business line. Anything AI-related in semis has rocketed, and anything not is in a typical downcycle. A good long-term hold.