Lam Research Corporation (LRCX)

NASDAQ: LRCX · IEX Real-Time Price · USD
529.25
-11.79 (-2.18%)
At close: Feb 3, 2023, 4:00 PM
528.50
-0.75 (-0.14%)
After-hours: Feb 3, 2023, 7:14 PM EST
-2.18%
Market Cap 72.18B
Revenue (ttm) 19.05B
Net Income (ttm) 5.13B
Shares Out 136.38M
EPS (ttm) 37.19
PE Ratio 14.23
Forward PE 13.48
Dividend $6.45 (1.22%)
Ex-Dividend Date Dec 13, 2022
Volume 1,268,421
Open 529.30
Previous Close 541.04
Day's Range 526.48 - 539.95
52-Week Range 299.59 - 615.99
Beta 1.45
Analysts Buy
Price Target 457.64 (-13.53%)
Earnings Date Jan 25, 2023

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 ... [Read more]

Sector Technology
Founded 1980
Employees 18,700
Stock Exchange NASDAQ
Ticker Symbol LRCX
Full Company Profile

Financial Performance

In 2022, Lam Research's revenue was $17.23 billion, an increase of 17.78% compared to the previous year's $14.63 billion. Earnings were $4.61 billion, an increase of 17.83%.

Financial Statements

Analyst Forecast

According to 34 analysts, the average rating for LRCX stock is "Buy." The 12-month stock price forecast is $457.64, which is a decrease of -13.53% from the latest price.

Price Target
$457.64
(-13.53% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Lam Research Corporation (LRCX) Is a Trending Stock: Facts to Know Before Betting on It

Zacks.com users have recently been watching Lam Research (LRCX) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

3 days ago - Zacks Investment Research

Not the Best Time for the Semi Equipment Industry

While stocks like ASML and LRCX are good long-term bets on the Semiconductor Equipment - Wafer Fabrication industry, only ASML is likely to see continued growth this year.

Other symbols: ASML
4 days ago - Zacks Investment Research

Wiley Bros.-Aintree Capital, LLC Is Pleased to Announce that Leonard LaPorta Has Joined the Firm.

NASHVILLE, Tenn.--(BUSINESS WIRE)--Mr. LaPorta has joined the Investment Banking practice at Wiley Bros.-Aintree Capital, LLC, a 78 year-old firm located in Nashville, TN. His primary focus is on me...

1 week ago - Business Wire

Lam Research (LRCX) Q2 Earnings & Revenues Beat, Rise Y/Y

Lam Research's (LRCX) fiscal second quarter results reflect strength across systems and the customer support business.

1 week ago - Zacks Investment Research

Lam Research (LRCX) Q2 Earnings and Revenues Top Estimates

Lam Research (LRCX) delivered earnings and revenue surprises of 7.64% and 3.87%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

1 week ago - Zacks Investment Research

Lam Research announces cost cuts as outlook looks bleak

Lam Research Corp. shares declined in the extended session Wednesday after the silicon-foundry equipment supplier forecast results for the current quarter that fell well below the Wall Street consensu...

1 week ago - Market Watch

Lam Research Corporation Reports Financial Results for the Quarter Ended December 25, 2022

FREMONT, Calif. , Jan. 25, 2023 /PRNewswire/ -- Lam Research Corporation (the "Company," "Lam," "Lam Research") today announced financial results for the quarter ended December 25, 2022 (the "December...

1 week ago - PRNewsWire

Reynolds Advisory Partners Acts as Exclusive Financial Advisor to Esgee Technologies on Its Sale to Lam Research

LOS ANGELES--(BUSINESS WIRE)--Reynolds Advisory Partners, LLC (“RAP” or “Reynolds”) acted as the exclusive financial advisor to Esgee Technologies, Inc. (“Esgee”) of Austin, Texas, on its sale to La...

1 week ago - Business Wire

5 Stocks Trading at a Discount in Dodson's Parnassus Mid Cap Growth Fund

Jerome Dodson (Trades, Portfolio), the legendary founder of San Francisco-based Parnassus Investments, is known for his preference for socially responsible companies.

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2 weeks ago - GuruFocus

Lam Research (LRCX) to Report Q2 Earnings: What's in Store?

Lam Research's (LRCX) second-quarter fiscal 2023 results are likely to gain from strong demand for semiconductor equipment. However, supply-chain constraints might have been a headwind.

2 weeks ago - Zacks Investment Research

Investors Heavily Search Lam Research Corporation (LRCX): Here is What You Need to Know

Zacks.com users have recently been watching Lam Research (LRCX) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

2 weeks ago - Zacks Investment Research

Lam Research (LRCX) Earnings Expected to Grow: Should You Buy?

Lam Research (LRCX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 weeks ago - Zacks Investment Research

The 7 Most Undervalued Long-Term Stocks to Buy in January

With 2022 in the rearview mirror, it's time to hunt for solid, undervalued long-term stocks to buy. First, it's essential to define what is meant by long-term.

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3 weeks ago - InvestorPlace

Lam Research: Why This Guru Favorite Remains Undervalued

Lam Research Corp. ( LRCX , Financial) is a leading global supplier of wafer fabrication equipment. This pick and shovel play on the semiconductor industry provides some of the market's most advanced ...

3 weeks ago - GuruFocus

Lam Research: Is This Guru Favorite Undervalued?

Lam Research Corp. ( LRCX , Financial) is a leading global supplier of wafer fabrication equipment. This pick and shovel play on the semiconductor industry provides some of the market's most advanced ...

3 weeks ago - GuruFocus

Jim Cramer says these 5 Nasdaq losers could rebound in 2023

Cramer offered investors a list of Nasdaq stocks he believes could make a comeback this year.

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1 month ago - CNBC

Can Chip Gear Maker Lam Continue Its Rally As Earnings Slow?

Could a nascent rally in chip gear maker Lam Research be the real deal, or is it a head fake for tech investors eager to see a long-awaited turnaround?

1 month ago - MarketBeat

Lam Research Corporation Announces December 2022 Quarter Financial Conference Call

FREMONT, Calif. , Jan. 5, 2023 /PRNewswire/ -- Lam Research Corp. (NASDAQ: LRCX) today announced that the company will host its quarterly financial conference call and webcast on Wednesday, January 25...

1 month ago - PRNewsWire

Why Lam Research (LRCX) is Poised to Beat Earnings Estimates Again

Lam Research (LRCX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

1 month ago - Zacks Investment Research

7 Must-Buy Growth Stocks for Your January Buy List

Although 2022 undeniably imposed a rough outing for most investors, the optimistic types can use the red ink to their advantage with growth stocks to buy for the new year. True, global recession fears...

1 month ago - InvestorPlace

Three value-stock investors favor these six picks for a rocky 2023

Analysts expect value stocks to maintain outperformance over growth stocks as interest rates rise and the economy falters.

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1 month ago - Market Watch

These 3 Tech Stocks Are in for a Happier New Year

When looking at stocks from the beat up tech sector heading into 2023, companies with improving fundamentals and attractive valuations are the best bet.

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1 month ago - MarketBeat

The 7 Best Growth Stocks to Buy to Retire Early

While there's always a time and place to play it safe, investors at some point will likely need to consider the best growth stocks to buy to retire early. As the most recent World Cup demonstrated, so...

1 month ago - InvestorPlace

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After months of uncertainty, the stock market is finally showing signs of life. Investors everywhere can sense that opportunity is in the air.

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1 month ago - InvestorPlace

Hightower's Stephanie Link on Lam Research buy: A lot of the bad news is priced in

Stephanie Link, Hightower Advisors chief investment strategist, joins 'Closing Bell: Overtime' to discuss her late-day buy of Lam Research.

1 month ago - CNBC Television