Lam Research Corporation (LRCX) stock has risen 85.45% over the last 12 months, and the average rating from Wall Street analysts is a Buy. InvestorsObserver’s proprietary ranking system, gives LRCX stock a score of 75 out of a possible 100.
That rank is primarily influenced by a short-term technical score of 95. LRCX's rank also includes a fundamental score of 68. In addition to the average rating from Wall Street analysts, LRCX stock has a mean target price of 692.25. This means analysts expect the stock to climb 10.72% over the next 12 months. The long-term technical score for LRCX is 63.
What's Happening with LRCX Stock Today
Lam Research Corporation (LRCX) stock has risen 2.02% while the S&P 500 has risen 0.2% as of 1:08 PM on Monday, Jul 12. LRCX has risen $12.39 from the previous closing price of $612.85 on volume of 599,889 shares. Over the past year the S&P 500 is higher by 38.77% while LRCX has risen 85.45%. LRCX earned $23.68 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 26.4.