Based on the provided data and recent market activity, here's the analysis for LRCX's price prediction for next week:
Technical Analysis:
Price Levels:
Fundamental Catalysts:
Price Prediction for Next Week: Based on technical and fundamental analysis, LRCX is likely to trade between $84.14 (R1) and $87.95 (R3) next week. The stock shows strong momentum with positive institutional sentiment and favorable industry positioning. The most probable scenario is a move toward $85.60 (R2), representing approximately 3.5% upside from current levels.
Trading Recommendation: BUY
The price of LRCX is predicted to go up 24.53%, based on the high correlation periods with NSYS. The similarity of these two price pattern on the periods is 94.07%.
LRCX
NSYS
Year
LRCX Price Forecast($)
Potential Return(%)
2025
93.000
23.820
2026
95.000
17.210
2027
120.000
48.060
2028
120.000
48.060
2029
140.000
72.730
2030
1,200.000
1,380.570
Lam Research is the market share leader in etch, which is the largest segment of the WFE market, and the clear number two share holder in deposition.
Lam is particularly strong in memory equipment, and should benefit from secular trends toward denser 3D NAND chips, denser DRAM chips, and high-bandwidth memory.
Lam generates good profitability, good free cash flow, and sends most of its cash flow back to shareholders.
Keybanc
2025-01-17
Price Target
$95
Upside
+18.31%
Wolfe Research
2025-01-15
Price Target
n/a
Downside
0%
Mizuho
2025-01-10
Price Target
$95 → $90
Upside
+20.56%