Lam Research Corporation (LRCX)

NASDAQ: LRCX · Real-Time Price · USD
71.79
+0.58 (0.81%)
At close: Dec 20, 2024, 4:00 PM
72.15
+0.36 (0.50%)
After-hours: Dec 20, 2024, 7:56 PM EST
0.81%
Market Cap 92.37B
Revenue (ttm) 15.59B
Net Income (ttm) 4.06B
Shares Out 1.29B
EPS (ttm) 3.09
PE Ratio 23.23
Forward PE 19.85
Dividend $0.86 (1.20%)
Ex-Dividend Date Dec 11, 2024
Volume 29,281,910
Open 70.54
Previous Close 71.21
Day's Range 70.30 - 73.48
52-Week Range 68.87 - 113.00
Beta 1.46
Analysts Buy
Price Target 96.05 (+33.79%)
Earnings Date Jan 22, 2025

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]

Sector Technology
Founded 1980
Employees 17,200
Stock Exchange NASDAQ
Ticker Symbol LRCX
Full Company Profile

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 Statements

Analyst Forecast

According to 19 analysts, the average rating for LRCX stock is "Buy." The 12-month stock price forecast is $96.05, which is an increase of 33.79% from the latest price.

Price Target
$96.05
(33.79% upside)
Analyst Consensus: Buy
Stock Forecasts

News

AMAT Among A.I. & Homebuilder Price Target Cuts, Fintech Hikes

Citi made several cuts in the A.I. race. For one, they lowered price targets for Applied Materials (AMAT), KLA Corp. (KLAC) and Lam Research (LRCX).

Other symbols: AMATKLAC
3 days ago - Schwab Network

Lam Research Corporation (LRCX) Barclays 22nd Annual Global Technology Conference (Transcript)

Lam Research Corporation (NASDAQ:LRCX) Barclays 22nd Annual Global Technology Conference December 11, 2024 11:40 AM ET Company Participants Tom O'Malley - CFO Conference Call Participants Doug Bettin...

9 days ago - Seeking Alpha

Calls of the Day: Netflix, Boeing, Lam Research, Travelers and Home Depot

The Investment Committee discuss the latest Calls of the Day.

Other symbols: BAHDNFLXTRV
9 days ago - CNBC Television

Lam Research Introduces the Semiconductor Industry's First Collaborative Robot for Fab Maintenance Optimization

FREMONT, Calif. , Dec. 10, 2024 /PRNewswire/ -- Lam Research Corp. (Nasdaq: LRCX) today introduced Dextro™, the semiconductor industry's first collaborative robot (cobot) designed to optimize critical...

10 days ago - PRNewsWire

5 Relatively Secure And Cheap Dividend Stocks For December 2024: Yields Up To 9%

This article is part of our monthly series where we highlight five large-cap, relatively safe, dividend-paying companies offering significant discounts to their historical norms. We go over our filter...

13 days ago - Seeking Alpha

Lam Research: Semiconductor Giant Still On Sale After Earnings Beat

Lam Research's share prices are down 36% from July's all-time highs despite its Q3 results, presenting a buying opportunity due to its key role as a supplier for next-generation chip manufacturers. Th...

16 days ago - Seeking Alpha

Lam Research Corporation's (LRCX) UBS Global Technology and AI Conference Transcript

Lam Research Corporation (NASDAQ:LRCX) UBS Global Technology and AI Conference December 3, 2024 4:15 PM ET Company Participants Doug Bettinger - Executive Vice President and Chief Financial Officer C...

17 days ago - Seeking Alpha

Trade Tracker: Stephanie Link sells Lam Research, GE Healthcare and buys more Gap, CrowdStrike

Stephanie Link, CIO at Hightower, joins CNBC's "Halftime Report" to reveal her latest portfolio moves.

Other symbols: CRWDGEHCGAP
17 days ago - CNBC Television

Lam Research Corporation Comments on Newly Announced Export Regulations

FREMONT, Calif. , Dec. 2, 2024 /PRNewswire/ -- Lam Research Corp. (Nasdaq: LRCX).

18 days ago - PRNewsWire

My Top 15 High-Growth Dividend Stocks For December 2024

The SPDR S&P 500 ETF Trust posted a strong gain of 5.96% in November, resuming its strong run in 2024. The Top 15 dividend growth stocks for December 2024 offer an average dividend yield of 1.2% and a...

Other symbols: ACNAPHCNIDPZELVGPNINTU
19 days ago - Seeking Alpha

Lam Research: Underpriced Growth Potential Amid Industry Headwinds

Lam Research stock has faced significant declines this year but remains operationally strong, driven by AI and semiconductor growth despite memory chip market challenges. The company's diverse revenue...

20 days ago - Seeking Alpha

Lam Research: Expecting Growth To Accelerate In FY25 As Recovery Continues

Lam Research Corporation is poised for continued revenue growth in FY25 due to strong demand for DRAM, NAND technologies, and customer support services. The company's focus on factory utilization, ope...

21 days ago - Seeking Alpha

S&P 500 Breaks Back Through 6,000, Chip Demand Faces Headwinds

Alex Coffey breaks down the significance of the S&P 500 getting through 6,000 and Bitcoin trading just below $100k as the market turns bullish on a shortened trading day. Meanwhile, Bernstein warns th...

21 days ago - Schwab Network

Lam Research Corporation: Undervalued And Poised For Growth

Lam Research is well-positioned for long-term growth due to its leadership in semiconductor technology and strategic focus on cost reductions and intelligent services. Despite strong fundamentals, sho...

21 days ago - Seeking Alpha

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.

23 days ago - CNBC Television

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...

4 weeks ago - PRNewsWire

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...

6 weeks ago - PRNewsWire

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...

6 weeks ago - Seeking Alpha

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...

Other symbols: ACNAPHDPZELVGPNINTUMA
6 weeks ago - Seeking Alpha

Calls of the Day: KLA Corp, Lam Research, ASML Holding, Target and GE Healthcare

The Investment Committee debate the latest Calls Of The Day.

Other symbols: ASMLGEHCKLACTGT
7 weeks ago - CNBC Television

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...

Other symbols: AMAT
7 weeks ago - Seeking Alpha

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, ...

2 months ago - Seeking Alpha

Cramer's Stop Trading: Lam Research

CNBC's Jim Cramer explains why he is keeping an eye on shares of Lam Research.

2 months ago - CNBC Television

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.

2 months ago - Benzinga

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...

2 months ago - Seeking Alpha