Lam Research Corporation (LRCX)

Market Cap	140.26B
Revenue (ttm)	14.24B
Net Income (ttm)	3.61B
Shares Out	130.74M
EPS (ttm)	27.23
PE Ratio	39.40
Forward PE	31.36
Dividend	$8.00 (0.75%)
Ex-Dividend Date	Jun 18, 2024

Volume	526,557
Open	1,048.92
Previous Close	1,060.63
Day's Range	1,046.54 - 1,073.49
52-Week Range	574.42 - 1,101.81
Beta	1.47
Analysts	Buy
Price Target	963.43 (-10.2%)
Earnings Date	Jul 24, 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; SOLA ultraviolet thermal processing products for film treatments; and VECTOR plasma-enhanced CVD ALD products. It also provides SPEED gapfill high-density plasma ...

• Industry: Semiconductor Equipment & Materials
• Sector: Technology
• Founded: 1980
• Employees: 17,200
• Stock Exchange: NASDAQ
• Ticker Symbol: LRCX

Financial Performance

In 2023, Lam Research's revenue was $17.43 billion, an increase of 1.17% compared to the previous year's $17.23 billion. Earnings were $4.51 billion, a decrease of -2.05%.

Analyst Forecast

According to 21 analysts, the average rating for LRCX stock is "Buy." The 12-month stock price forecast is $963.43, which is a decrease of -10.20% from the latest price.

Price Target

$963.43

(-10.20% downside)

Analyst Consensus: Buy