FREMONT, Calif., Oct. 2, 2024 /PRNewswire/ -- Lam Research Corp. (NASDAQ: LRCX) today announced that the company will host its quarterly financial conference call and webcast on Wednesday, October 23, 2024, beginning at 2:00 p.m. Pacific Daylight Time (5:00 p.m. Eastern Daylight Time). Webcast: To access the webcast, visit the Investors section of Lam's website at http://www.lamresearch.com and click on the Investors/Investors Overview/Events & Presentations section to view the details. Replay Information: ...

Shares of Lam Research Corp (LRCX, Financial) surged 3.92% in mid-day trading on Oct 2. The stock reached an intraday high of $830.37, before settling at $828.66, up from its previous close of $797.40. This places LRCX 26.67% below its 52-week high of $1,130.00 and 44.26% above its 52-week low of $574.42. Trading volume was 335,901 shares, 25.5% of the average daily volume of 1,318,679. Wall Street Analysts Forecast Based on the one-year price targets offered by 25 analysts, the average target price for Lam ...

Lam Research's (LRCX) shares have lost 22% in the past three months compared with the industry and the broader technology sector's 17.8% and 0.5% declines, respectively. This has left investors questioning whether it is the time to buy the dip. This decline is not an isolated incident but part of a broader market sell-off triggered by macroeconomic challenges that have been taking a toll on the broader technology sector. Apart from LRCX's drop, other semiconductor companies encountered weaknesses. ASML Hold ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Lam Research. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Lam Research (LRCX) . Lam Research currently has an average brokerage recommendation (ABR) of ...

If you liked this idea, sign up for a no-obligation free trial of my Seeking Alpha Marketplace service, Timely Trader ! I sift through various asset classes to find the best places for your capital, helping you maximize your returns. Timely Trader seeks to find winners before they become winners, and keep you out of losers. In addition, you get access to our community via chat, direct access to me, real-time price alerts, a model portfolio, and more. The semiconductors as a group have been decimated in the ...

Lam Research (LRCX) closed the most recent trading day at $758.47, moving -1.46% from the previous trading session. This move lagged the S&P 500's daily gain of 0.13%. Elsewhere, the Dow gained 0.55%, while the tech-heavy Nasdaq lost 0.52%. Shares of the semiconductor equipment maker witnessed a loss of 11.64% over the previous month, trailing the performance of the Computer and Technology sector with its gain of 1.56% and the S&P 500's gain of 3.67%. Market participants will be closely following the financ ...

H 1 T I I t I t 0 = l 1 l l n a m I Sundry Photography Investment Thesis Lam Research (NASDAQ:LRCX) a leading supplier of wafer-fabrication equipment, is poised to benefit from the ongoing recovery in the memory capex cycle heading into FY2025. Despite a recent pullback in semiconductor stocks due to macro concerns, demand for memory chips remains strong. While LRCX topped both revenue and earnings expectations in its 4Q FY2024 report, the stock is down 30% from its July high. The company had previously exp ...

In the latest market close, Lam Research (LRCX) reached $734.31, with a +0.07% movement compared to the previous day. The stock trailed the S&P 500, which registered a daily gain of 1.16%. On the other hand, the Dow registered a gain of 1.2%, and the technology-centric Nasdaq increased by 1.16%. The the stock of semiconductor equipment maker has fallen by 9.17% in the past month, lagging the Computer and Technology sector's gain of 1.08% and the S&P 500's gain of 3.48%. Analysts and investors alike will be ...

Lam Research (LRCX) closed at $764.44 in the latest trading session, marking a -0.17% move from the prior day. The stock trailed the S&P 500, which registered a daily loss of 0.16%. Elsewhere, the Dow gained 0.09%, while the tech-heavy Nasdaq lost 0.3%. The semiconductor equipment maker's stock has dropped by 0.58% in the past month, falling short of the Computer and Technology sector's gain of 1.63% and the S&P 500's gain of 3.64%. Market participants will be closely following the financial results of Lam ...