LRCX Stock Price Prediction 2024 To 2030 – Lam Research Corporation manufactures and services wafer processing semiconductor manufacturing equipment. It operates in the following regions: the United States, China, Europe, Japan, Korea, Southeast Asia, and Taiwan. It provides thin-film deposition, plasma etching, photoresist stripping, and wafer cleaning. David Lam created the company on January 21, 1980, and it is headquartered in Fremont, California.
About the Company – Lam Research
Lam Research Corporation (NASDAQ: LRCX) is a global provider of revolutionary wafer fabrication equipment and services to the semiconductor industry. Lam’s products are essential for the creation of semiconductors, which are utilized in electronics such as cellphones, computers, and networking equipment. The company, which was founded in 1980, manufactures equipment for thin film deposition, plasma etch, photoresist strip, and wafer cleaning procedures, all of which are required for the production of integrated circuits. Lam Research is committed to developing semiconductor technology to suit the industry’s growing expectations.
Overview of LRCX Stock Price
The IPO of Lam Research Corporation (NASDAQ: LRCX) took place in 1984. In September 1993, there was a 3:2 split of Lam Research’s (LRCX) shares, and in March 2000, there was a 3:1 split. 4.5 shares are now equal to one share purchased before to 1993.
- Last Price – $ 864.13
- Open – $ 862.86
- Previous Close – $ 862.86
- Pe Ratio (TTM)- 29.81
- EPS (TTM) – $ 37.14
- DIV PS TTM (Yield) – $ 6.42 ($ 1.34053)
- Market Cap – $ 112.98B
Lam Research Stock Price Prediction 2024 To 2030
The Lam Research stock is expected to rise by $ 1,176.62 at the start of the following year, based on the firm’s average annual growth over the last ten years. Here is the Lam Research stock forecast for each year through 2030 using the same methodology.
| Year | Stock Price Prediction |
| 2024 | $ 1,176.62 |
| 2025 | $ 1,202.47 |
| 2026 | $ 1,392.43 |
| 2027 | $ 1,472.29 |
| 2028 | $ 1,558.03 |
| 2029 | $1,613.09 |
| 2030 | $1,713.09 |
How to Purchase Lam Research Stock Price
Lam Researshares are available for purchase through a number of buying and selling platforms, including as Zerodha, Upstox, Groww, and Angel One.
Peer Companies of Lam Research
The semiconductor equipment sector is where Lam Research Corporation (NASDAQ: LRCX) operates, with a concentration on wafer fabrication equipment. Principal rivals in this domain are:
- Applied Materials, Inc.
- KLA Corporation
- ASML Holding N.V
- Tokyo Electron Limited
Investor Type & Ratios for Lam Research Stock
A combination of retail, institutional, and individual investors control a portion of Lam Research (LRCX) shares. Institutional investors control over 72.51% of the company’s stock.
- Insiders – 1.05%
- Mutual Funds – 26.25%
- Public Investors- 26.42%
- Other Institutional Investors- 46.27%
We find that there will be consistent, long-term rise in the stock price of Lam Research Corporation between 2024 and 2030. Our projections indicate that by 2030, the stock might average $1,713.09, which would be a significant increase over almost thirty years.
