Stock Price & Analysis

Based on the provided data and recent analyst updates, here's a concise analysis of LRCX:

Technical Analysis

• Current price at $80.52 shows consolidation around the Fibonacci pivot point of $77.38
• RSI at 63.08 indicates moderate bullish momentum without being overbought
• MACD at 0.83 suggests positive momentum

Recent Analyst Actions

• KeyBanc upgraded to Buy with $95 target (18.3% upside) on Jan 17, citing immediate growth drivers
• However, Wolfe Research downgraded to Hold on Jan 15, citing concerns about NAND exposure
• Goldman Sachs maintains Strong Buy but lowered target to $85 from $96 on Jan 10

Market Position

• Company maintains strong position in wafer fabrication equipment industry
• Recent analyst consensus shows mixed sentiment but majority lean positive
• Price targets range from $75 to $95, with median around $85

Recommendation Based on technical indicators showing positive momentum and recent analyst upgrade from KeyBanc, LRCX appears positioned for potential upside in the near term. The stock is currently trading below most analyst price targets, suggesting room for appreciation.

Based on the provided data and market analysis, here is the LRCX stock price prediction for 2025:

LRCX is expected to reach $107 by the end of 2025, representing a 37% increase from current levels around $80, driven by strong semiconductor equipment spending growth and AI-related demand.

The key driver is the projected 17% earnings growth in fiscal 2025 to $3.50 per share, supported by increased capital expenditure in memory and foundry segments.

Industry forecasts show semiconductor equipment spending rising to $121 billion in 2025, with particularly strong growth in DRAM (10.4%) and NAND (48%) equipment segments that benefit LRCX's memory business which accounts for 35% of revenue.

The S1 support level for LRCX Stock is $73.94 ,The R1 resistant level for LRCX Stock is $83.59.

As of the end of day on 2025-01-24, the price of LRCX Stock was $79.69.

The target price for LRCX Stock according to analyst rating is 92.13, with the highest price target at 114.00 and the lowest at 76.00. Analysts have a Moderate Buy rating on LRCX Stock overall.

The market cap of LRCX is $102.5B.

Based on the provided data and context, I'll analyze whether LRCX is overvalued through multiple aspects:

Valuation Analysis LRCX currently trades at a forward P/E of 21.12x, which is significantly below its industry average of 39.57x, suggesting potential undervaluation relative to peers. The company's PEG ratio of 1.36 also compares favorably to the industry average of 2.16.

Growth Prospects Analysts project EPS growth of 17.06% for fiscal 2025 and revenue growth of 15.35%, demonstrating strong fundamental momentum despite market challenges.

Technical Analysis The stock shows an RSI of 63.08, indicating moderate bullish momentum without being overbought. The MACD is positive at 0.83, suggesting upward price momentum.

Analyst Consensus Recent analyst actions show mixed but generally positive sentiment - KeyBanc upgraded to Buy with $95 target (18.3% upside), while Goldman Sachs maintains Strong Buy despite lowering target to $85. Among 29 analysts, 16 rate it Strong Buy, 2 Moderate Buy, and 11 Hold.

Based on strong growth prospects, below-industry valuations, positive technical indicators, and favorable analyst sentiment, LRCX appears reasonably valued with upside potential rather than overvalued at current levels.

Lam Research Corporation is a supplier of wafer fabrication equipment and services to the semiconductor industry. The Company designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. Its products and services are designed to help its customers build devices that are used in a variety of electronic products, including mobile phones, personal computers, servers, wearables, automotive vehicles, and data storage devices. Its product families include ALTUS, SABRE, SPEED, Striker, VECTOR, Flex, Kiyo, Syndion, Versys Metal, Coronus, DV-Prime , Da Vinci , EOS , and SP Series. Its customer base includes semiconductor memory, foundries, and integrated device manufacturers (IDMs) that make products, such as non-volatile memory (NVM), dynamic random-access memory (DRAM) and logic devices. It offers services in areas, such as nanoscale applications enablement, chemistry, plasma and fluidics, and others.

Based on the provided data and market analysis, here's a prediction for LRCX stock price in 2030:

Lam Research (LRCX) stock is projected to reach approximately $107 by 2025, driven by strong semiconductor equipment demand and AI-related growth. Extrapolating this growth trajectory and considering the company's dominant position in chip fabrication equipment, LRCX could reach $180-200 by 2030. This projection is supported by the expanding semiconductor market, particularly in AI and memory segments, with SEMI forecasting continued growth in fab construction and equipment spending.

The key driver for this price target is LRCX's critical role in manufacturing advanced chips needed for AI applications, with the global AI industry projected to exceed $826 billion by 2030. Additionally, KeyBanc recently upgraded LRCX to overweight, citing "immediate growth drivers" in AI-related devices and leading-edge technology transitions.

LRCX has a total of 17200 employees.