Technical Analysis:
Based on the latest market data, LRCX closed at $79.68 on January 24, 2025, showing a -1.91% decline during regular trading hours. The stock's RSI(14) at 56.86 indicates neutral momentum, neither overbought nor oversold .
News Sentiment Analysis:
Recent news highlights several positive catalysts for LRCX:
AI Infrastructure Growth: The semiconductor equipment supplier is benefiting from increased demand in AI data centers. The company's expertise in providing cutting-edge equipment for complex chip manufacturing processes positions it well for future growth.
Strong Earnings Expectations: Analysts expect LRCX to report Q2 2025 earnings of $0.87 per share, representing a 16% increase year-over-year. The company has consistently beaten earnings estimates in the last four quarters.
Price Target Analysis:
For the next trading week (Jan 28 - Feb 1, 2025), based on technical indicators and news sentiment:
Trading Recommendation:
BUY LRCX with the following strategy:
Rationale:
The stock appears positioned for a short-term bounce given the recent pullback and strong fundamental catalysts. The risk-reward ratio is favorable at current levels with defined support nearby.
The price of LRCX is predicted to go up -38.31%, based on the high correlation periods with PDYN. The similarity of these two price pattern on the periods is 93.19%.
LRCX
PDYN
Year
LRCX Price Forecast($)
Potential Return(%)
2025
93.000
23.820
2026
95.000
26.480
2027
120.000
59.770
2028
120.000
59.770
2029
120.000
53.890
2030
150.000
91.720
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
Price Target
$95
Upside
+18.31%
Wolfe Research
Price Target
n/a
Upside
0%
Mizuho
Price Target
$95 → $90
Upside
+20.56%