Lam Research Corporation (LRCX)
| Market Cap | 92.09B |
| Revenue (ttm) | 15.59B |
| Net Income (ttm) | 4.06B |
| Shares Out | 1.29B |
| EPS (ttm) | 3.09 |
| PE Ratio | 23.16 |
| Forward PE | 19.60 |
| Dividend | $0.92 (1.29%) |
| Ex-Dividend Date | Sep 17, 2024 |
| Volume | 7,842,184 |
| Open | 72.73 |
| Previous Close | 72.69 |
| Day's Range | 70.42 - 72.87 |
| 52-Week Range | 68.72 - 113.00 |
| Beta | 1.49 |
| Analysts | Buy |
| Price Target | 96.67 (+35.07%) |
| Earnings Date | Oct 23, 2024 |
About LRCX
Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. The company offers ALTUS systems to deposit conformal films for tungsten metallization applications; SABRE electrochemical deposition products for copper interconnect transition that offers copper damascene manufacturing; and VECTOR plasma-enhanced CVD products. It also provides SPEED gapfill high-density plasma chemical vapor deposition products; and Striker single-wafer atomic la... [Read more]
Financial Performance
In 2024, Lam Research's revenue was $14.91 billion, a decrease of -14.48% compared to the previous year's $17.43 billion. Earnings were $3.83 billion, a decrease of -15.14%.
Financial StatementsAnalyst Forecast
According to 18 analysts, the average rating for LRCX stock is "Buy." The 12-month stock price forecast is $96.67, which is an increase of 35.07% from the latest price.
News
Semis won't face much impact from Trump 2.0 tariffs, says Bernstein's Stacy Rasgon
Stacy Rasgon, Bernstein Research U.S. semiconductor senior analyst, joins CNBC's 'The Exchange' to discuss the impact of potential tariffs on the semiconductor sector.
Lam Research Corporation Announces Participation at Upcoming Conferences
FREMONT, Calif. , Nov. 21, 2024 /PRNewswire/ -- Lam Research Corp. (Nasdaq: LRCX) today announced that Doug Bettinger, Executive Vice President and Chief Financial Officer, will participate in the fol...
Lam Research Corporation Declares Quarterly Dividend
FREMONT, Calif. , Nov. 7, 2024 /PRNewswire/ -- Lam Research Corporation (Nasdaq: LRCX) today announced that its Board of Directors has approved a quarterly dividend of $0.23 per share of common stock...
4-Factor Dividend Growth Portfolio: FY3 Rebalance And 21.57% Long-Term CAGR
The 4-factor dividend growth portfolio is a strategy that leverages the stock selection process of Schwab U.S. Dividend Equity ETF with a few minor twists. The portfolio finished FY2 on October 31, 20...
My Top 15 High-Growth Dividend Stocks For November 2024
The SPDR S&P 500 ETF Trust posted a loss of 0.89% in October, putting a pause on its strong run in 2024. The Top 15 dividend growth stocks for November 2024 offer an average dividend yield of 1.24% an...
Calls of the Day: KLA Corp, Lam Research, ASML Holding, Target and GE Healthcare
The Investment Committee debate the latest Calls Of The Day.
Applied Materials, Lam Research, Or Tokyo Electron: Which Generalist Is The Most Likely To Outperform?
Applied Materials, Lam Research, and Tokyo Electron are the three generalists in the Wafer Fab Equipment sector. With wide moats, fueled by scale, switching costs, and customer relationships, they wie...
Riding The Wave: The Case For Investing In Lam Research Amid Memory Industry Resurgence
An industry expert forecasts that the NAND memory market will grow in 2025, driven by Solid-State Devices and smartphones. Industry experts expect NAND memory manufacturers to increase CapEx in 2025, ...
Cramer's Stop Trading: Lam Research
CNBC's Jim Cramer explains why he is keeping an eye on shares of Lam Research.
Lam Research Positioned For Growth Amid NAND Recovery And Advanced Packaging Strength, Analysts Highlight China Risks
BofA Securities analyst Vivek Arya reiterated the Buy rating on Lam Research LRCX, raising the price forecast to $92 from $88.
Lam Research: Higher WFE Spend Rhymes With Outperformance - Buy
Lam Research Corporation has underperformed the S&P 500 by 35% since early July, and its valuations have reset. We reiterate our buy rating after 1Q FY25 results and outlook. We think the high shipmen...
Lam Research Q1: Expecting Spending Recovery In NAND
I reiterate a 'Strong Buy' rating for Lam Research with a one-year price target of $95, driven by robust growth potential in HBM-Driven DRAM and 3D NAND markets. Lam Cryo 3.0 etches 2.5x faster and re...
Lam Research Corporation (LRCX) Q1 2025 Earnings Call Transcript
Lam Research Corporation (NASDAQ:LRCX) Q1 2025 Earnings Conference Call October 23, 2024 5:00 PM ET Company Participants Ram Ganesh - Vice President, Investor Relations Tim Archer - President and Chi...
Lam Research forecasts quarterly revenue above estimates on AI chip demand
Lam Research forecast revenue for the December quarter above Wall Street expectations on Wednesday, as chipmakers ordered more of its equipment used to manufacture semiconductors for artificial intell...
Lam Research Corporation Reports Financial Results for the Quarter Ended September 29, 2024
FREMONT, Calif. , Oct. 23, 2024 /PRNewswire/ -- Lam Research Corporation (the "Company," "Lam," "Lam Research") today announced financial results for the quarter ended September 29, 2024 (the "Septemb...
Why Lam Research Is At A Make-Or-Break Level Before Earnings
Lam Research is a high-quality growth stock in semiconductor equipment manufacturing, with strong cash flows, high returns on capital, and an increasing gross profit margin. The stock is at a critical...
Semiconductors are 'canary in the coal mine' for tech sector, says Dan Niles
Dan Niles, Niles Investment Management founder & portfolio manager, joins 'Fast Money' to talk what is next for the chips trade.
KLA and Lam Research Tumble Along With ASML as Analysts Worry About China Sales
Shares of semiconductor equipment makers KLA (KLAC), Applied Materials (AMAT), and Lam Research (LRCX) posted the steepest losses in the S&P 500 on Tuesday as analysts raised concerns about near-term ...
Lam Research Following Micron's Footsteps In High Bandwidth Memory And Semiconductor Equipments Demand
Lam Research reported $3.87 billion in revenue last quarter, surpassing analyst expectations. Its strong operating margin of 29% and a return on equity of 45% indicate solid financial health. It will ...
Top 50 High Quality Dividend Stocks - September 2024 Results
I track 50 high-quality dividend stocks, updating their valuations daily to identify Strong Buy, Buy, Hold, and Trim opportunities based on historical free cash flow trends. September's performance: S...
Lam Research Corporation Announces September Quarter Financial Conference Call
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...
Lam Research Corp (LRCX) Shares Up 3.92% on Oct 2
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...
Lam Research Honors Global Suppliers with 2024 Excellence Awards
FREMONT, Calif. , Sept. 23, 2024 /PRNewswire/ -- Lam Research Corp. (Nasdaq: LRCX) today announced this year's recipients of its annual Supplier Excellence Awards, recognizing nine companies from arou...
Initiating Lam Research At A Strong Buy Heading Into Year-End
Lam Research is a strong buy due to its significant price drop, robust earnings growth outlook, and potential for margin expansion. The stock's double bottom at $714 and positive PPO divergence signal...
4 Upcoming Dividend Increases
My strategy focuses on buying, holding, and adding companies with consistent dividend growth and outperforming benchmarks, ensuring a successful long-term portfolio. I passed on Lam Research due to co...