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LRCX
Stock ticker: NASDAQ
AS OF
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Price
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Capitalization
80.88B

LRCX Price Prediction, Lam Research Corp AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar

Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for LRCX with price predictions
08:00 PM EDT Sep 21, 2023

LRCX in -2.36% downward trend, declining for three consecutive days on September 21, 2023

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where LRCX declined for three days, in of 280 cases, the price declined further within the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on September 12, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on LRCX as a result. In of 87 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for LRCX turned negative on September 08, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 50 similar instances when the indicator turned negative. In of the 50 cases the stock turned lower in the days that followed. This puts the odds of success at .

LRCX moved below its 50-day moving average on September 11, 2023 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for LRCX crossed bearishly below the 50-day moving average on September 18, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 15 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where LRCX's RSI Indicator exited the oversold zone, of 22 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 8 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where LRCX advanced for three days, in of 317 cases, the price rose further within the following month. The odds of a continued upward trend are .

LRCX may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 63, placing this stock better than average.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (9.852) is normal, around the industry mean (7.905). P/E Ratio (18.382) is within average values for comparable stocks, (53.495). Projected Growth (PEG Ratio) (2.237) is also within normal values, averaging (2.329). Dividend Yield (0.012) settles around the average of (0.022) among similar stocks. P/S Ratio (4.757) is also within normal values, averaging (72.505).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. LRCX’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

A.I. Advisor
published Earnings

LRCX is expected to report earnings to rise 1.67% to $6.08 per share on October 18

Lam Research Corp LRCX Stock Earnings Reports
Q3'23
Est.
$6.08
Q2'23
Beat
by $0.87
Q1'23
Beat
by $0.47
Q4'22
Beat
by $0.66
Q3'22
Beat
by $0.85
The last earnings report on July 26 showed earnings per share of $5.98, beating the estimate of $5.11. With 1.23M shares outstanding, the current market capitalization sits at 80.88B.
A.I.Advisor
published Dividends

LRCX is expected to pay dividends on October 04, 2023

Lam Research Corp LRCX Stock Dividends
A dividend of $2.00 per share will be paid with a record date of October 04, 2023, and an ex-dividend date of September 12, 2023. The last dividend of $1.73 was paid on July 05. Read more...
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM), Broadcom (NASDAQ:AVGO), Advanced Micro Devices (NASDAQ:AMD), Texas Instruments (NASDAQ:TXN), Intel Corp (NASDAQ:INTC), QUALCOMM (NASDAQ:QCOM), Applied Materials (NASDAQ:AMAT), Analog Devices (NASDAQ:ADI), Lam Research Corp (NASDAQ:LRCX).

Industry description

The semiconductor industry manufacturers all chip-related products, including research and development. These chips are used in innumerable electronic devices, including computers, cell phones, smartphones, and GPSs. Intel Corporation, NVIDIA Corp., and Broadcomm are some of the prominent players in this industry. Semiconductor companies usually tend to do well during periods of healthy economic growth, thereby inducing further research and development in the industry – which in turn augurs well for productivity and growth in the economy. In the near future, demand for semiconductor products (and possibly innovation within the segment) should only expand further, with the proliferation of 5G, autonomous vehicles, IoT, and various AI-driven electronics set to herald a new, advanced chapter in the technology-driven world as we know it. With burgeoning prospects comes great competition. In 2015, SIA estimated that U.S. semiconductor industry ranks as the second most competitive U.S. industry out of 2882 U.S. industries designated manufacturers by the U.S. Census Bureau.

Market Cap

The average market capitalization across the Semiconductors Industry is 27.54B. The market cap for tickers in the group ranges from 13.43K to 1.01T. NVDA holds the highest valuation in this group at 1.01T. The lowest valued company is CYBL at 13.43K.

High and low price notable news

The average weekly price growth across all stocks in the Semiconductors Industry was 1%. For the same Industry, the average monthly price growth was 0%, and the average quarterly price growth was 6%. TRT experienced the highest price growth at 23%, while BCHPY experienced the biggest fall at -33%.

Volume

The average weekly volume growth across all stocks in the Semiconductors Industry was -50%. For the same stocks of the Industry, the average monthly volume growth was -17% and the average quarterly volume growth was -18%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 57
P/E Growth Rating: 51
Price Growth Rating: 59
SMR Rating: 64
Profit Risk Rating: 63
Seasonality Score: -32 (-100 ... +100)
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A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

a manufacturer of semiconductor processing equipment

Industry Semiconductors

Profile
Fundamentals
Details
Industry
Electronic Production Equipment
Address
4650 Cushing Parkway
Phone
+1 510 572-0200
Employees
17200
Web
https://www.lamresearch.com
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LRCX and

Correlation & Price change

A.I.dvisor indicates that over the last year, LRCX has been closely correlated with AMAT. These tickers have moved in lockstep 92% of the time. This A.I.-generated data suggests there is a high statistical probability that if LRCX jumps, then AMAT could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To LRCX
1D Price
Change %
LRCX100%
+1.43%
AMAT - LRCX
92%
Closely correlated
+0.72%
KLAC - LRCX
90%
Closely correlated
+1.10%
DIOD - LRCX
84%
Closely correlated
+0.71%
LSCC - LRCX
84%
Closely correlated
-0.18%
ASML - LRCX
84%
Closely correlated
+0.86%
More