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Investor Insights

This summary was created by AI, based on 8 opinions in the last 12 months.

Lam Research Corp (LRCX) is currently viewed as a solid long-term investment, particularly in the context of the semiconductor industry's evolving dynamics amid an AI-related boom. Experts note the company has strategically reduced its exposure to China, which is expected to serve them well. Following a recent earnings report, analysts speculate that the stock is nearing its target price but suggest it's a strong buy opportunity if the price dips into the lower $60s. With a notable stock split and a robust buyback program, LRCX appears to be in a favorable position for growth in the coming years. Analysts emphasize that while the company faced temporary setbacks, especially linked to ASML, the overall potential remains immense as semiconductor demand surges with advancements in AI.

Consensus
Positive
Valuation
Fair Value
BUY ON WEAKNESS

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.

BUY

They will do well. They're not linked entirely to ASML. LRCX already said how much Chinese exposure they have and the reduced it.

PAST TOP PICK
(A Top Pick Oct 25/23, Up 26%)

(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.

(Analysts’ price target is $92.75)
BUY ON WEAKNESS

Is very oversold. Could be a coiled spring with 200 points up or 50 down. Has known this company for a long time.

BUY
Semiconductor opportunities.

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.

PARTIAL SELL

Take a bit off, and put proceeds into its competitor ASML.

BUY

They announced a 10-for-1 stock split and a major buyback last week. They reported strong numbers last April and shares were already up 20% for the year.

BUY

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.

COMMENT

Equipment suppliers for semiconductor industry. Older school, cheaper than cutting-edge lithography companies. 12-month price target for LRCX of $1070, up 35% in last 100 days, great company, seems very competitive. Closest comparison would be to KLA.

PARTIAL SELL

Is up 80% this year. Don't buy, but take profits. Likes it.

TOP PICK

Will benefit from the US chips act. He targets $680; can buy at $570 and $540.

(Analysts’ price target is $710.17)
BUY

It has free cash flow geneation given revenues without heavy leverage exposure. A quality name.

BUY

Shares have bottomed and the balance sheet is strong. The worst has passed and is now an opportunity.

PARTIAL SELL

Worries her a little because peers like Micron are reporting lower numbers, but expectations here are low. She trimmed a few weeks ago. Inventories still need to bottom in the next quarter or two.

WATCH

Really likes this. You can't make semis without the equipment that makes semis. True, this is subject to cylicality like the semis, but Lam's equipment is critical. Long-term, it's a good stock, but there's slowing momentum in semis ahead. But that would lead to an entry level.

Showing 1 to 15 of 37 entries

Lam Research Corp(LRCX-Q) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 7

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 8

Stockchase rating for Lam Research Corp is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Lam Research Corp(LRCX-Q) Frequently Asked Questions

What is Lam Research Corp stock symbol?

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

Is Lam Research Corp a buy or a sell?

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.

Is Lam Research Corp a good investment or a top pick?

Lam Research Corp was recommended as a Top Pick by on . Read the latest stock experts ratings for Lam Research Corp.

Why is Lam Research Corp stock dropping?

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.

Is Lam Research Corp worth watching?

8 stock analysts on Stockchase covered Lam Research Corp In the last year. It is a trending stock that is worth watching.

What is Lam Research Corp stock price?

On 2025-03-14, Lam Research Corp (LRCX-Q) stock closed at a price of $78.69.