Lam Research Corporation (LRCX)
| Market Cap | 104.86B |
| Revenue (ttm) | 15.59B |
| Net Income (ttm) | 4.06B |
| Shares Out | 1.29B |
| EPS (ttm) | 3.09 |
| PE Ratio | 26.38 |
| Forward PE | 22.71 |
| Dividend | $0.92 (1.13%) |
| Ex-Dividend Date | Dec 11, 2024 |
| Volume | 10,814,519 |
| Open | 80.82 |
| Previous Close | 80.30 |
| Day's Range | 79.92 - 82.43 |
| 52-Week Range | 68.87 - 113.00 |
| Beta | 1.46 |
| Analysts | Buy |
| Price Target | 94.42 (+15.85%) |
| Earnings Date | Jan 29, 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]
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 22 analysts, the average rating for LRCX stock is "Buy." The 12-month stock price forecast is $94.42, which is an increase of 15.85% from the latest price.
News
AMAT & LRCX Upgrades, AVGO Price Target Hike, AAL & LUV Downgrades
It's a nice morning for the A.I. trade. Keybanc upgraded Lam Research (LRCX) and Applied Materials (AMAT) over the semiconductor space's long-term trajectory.
Applied Materials and Lam Research Stock Are Upgraded. Of Course It Has Something to Do With AI.
KeyBanc upgrades shares of the chipmaking equipment companies to Overweight.
Lam Research Establishes 28nm Pitch in High-Resolution Patterning Through Dry Photoresist Technology
FREMONT, Calif. , Jan. 14, 2025 /PRNewswire/ -- Lam Research Corporation (Nasdaq: LRCX) today announced that its innovative dry photoresist (dry resist) technology has been qualified for direct-print ...
Lam Research: Positioned For Long-Term Growth Amid Short-Term Challenges
Lam Research is crucial in the semiconductor sector, providing essential components for advanced chip manufacturing, amid surging AI hardware demand and supply chain disruptions. Specializing in etch ...
Stock Picks From Seeking Alpha's December 2024 New Analysts
In December, we welcomed 29 new analysts to Seeking Alpha and in this article we are showcasing their stock picks and investment strategies. Five buy picks are highlighted on Viasat, Newmont, NeuroOne...
Lam Research Corporation Announces December Quarter Financial Conference Call
FREMONT, Calif. , Jan. 6, 2025 /PRNewswire/ -- Lam Research Corp. (NASDAQ: LRCX) today announced that the company will host its quarterly financial conference call and webcast on Wednesday, January 29...
Why Citi is bullish on the chip sector
Citi (C) analysts express optimism for the semiconductor sector, upgrading several companies from Neutral to Buy, including Nova (NOVA), Veeco Instruments (VECO), Advanced Energy Industries (AEIS), an...
4-Factor Dividend Growth Strategy - Cold Winter Air Creeps Into The Portfolio
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 is experiencing its worst star...
Lam Research: Bullish Factors Lining Up For 2025
Lam Research shows a strong bottoming pattern with excellent risk/reward, supported by neutral RSI and PPO levels, and positive Chaikin Money Flow index. The stock is cheap with a forward P/E ratio of...
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).
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...
Calls of the Day: Netflix, Boeing, Lam Research, Travelers and Home Depot
The Investment Committee discuss the latest Calls of the Day.
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...
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...
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...
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...
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.
Lam Research Corporation Comments on Newly Announced Export Regulations
FREMONT, Calif. , Dec. 2, 2024 /PRNewswire/ -- Lam Research Corp. (Nasdaq: LRCX).
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...
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...
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...
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...
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...
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.