Lam Research Corporation (LRCX)
| Market Cap | 70.19B |
| Revenue (ttm) | 16.74B |
| Net Income (ttm) | 4.54B |
| Shares Out | 136.97M |
| EPS (ttm) | 32.75 |
| PE Ratio | 15.65 |
| Forward PE | 13.23 |
| Dividend | $6.00 (1.17%) |
| Ex-Dividend Date | Jun 14, 2022 |
| Volume | 343,733 |
| Open | 516.30 |
| Previous Close | 517.29 |
| Day's Range | 507.40 - 519.87 |
| 52-Week Range | 375.87 - 731.85 |
| Beta | 1.34 |
| Analysts | Buy |
| Price Target | 586.56 (+14.5%) |
| Earnings Date | Jul 27, 2022 |
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...]
Financial Performance
In 2021, Lam Research's revenue was $14.63 billion, an increase of 45.61% compared to the previous year's $10.04 billion. Earnings were $3.91 billion, an increase of 73.57%.
Financial StatementsAnalyst Forecast
According to 35 analysts, the average rating for LRCX stock is "Buy." The 12-month stock price forecast is 586.56, which is an increase of 14.47% from the latest price.
News
Lam Research, Applied Materials, KLA stocks drop after Micron says it will cut capital expenditures
Shares of chip-equipment companies Lam Research Corp. LRCX, -7.75% , Applied Materials Inc. AMAT, -6.93% and KLA Corp. KLAC, -6.59% are falling in Tuesday morning trading after Micron Technology Inc. MU...
3 Reasons Why Lam Research Is a Great Long-Term Investment
This semiconductor equipment company has a bright future, despite near-term challenges.
I don't see much near-term impact on chip stocks from Pelosi's Taiwan visit, says Mizuho's Rakesh
Vijay Rakesh, Mizuho Securities managing director, joins 'Power Lunch' to discuss if he believes there will be an immediate impact on the semiconductor industry from Pelosi's trip to Taiwan, what happen...
5 Best Stocks That Led the Rally in Nasdaq ETF
The tech-heavy Nasdaq Composite Index logged in the best month since April 2020, rallying 12.3% in July.
Lam Research (LRCX) Q4 Earnings Beat, Revenues Rise Y/Y
Lam Research's (LRCX) fiscal fourth-quarter results reflect strength across systems and the customer support business.
Lam Research (LRCX) Tops Q4 Earnings and Revenue Estimates
Lam Research (LRCX) delivered earnings and revenue surprises of 20.79% and 10.14%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Lam Research stock adds to gain after hours on earnings beat, outlook
Lam Research Corp. rose in the extended session Wednesday after the semiconductor-making-equipment supplier beat on earnings and forecast a likely beat in the current quarter amid continuing supply cons...
Lam Research Corporation Reports Financial Results for the Quarter Ended June 26, 2022
FREMONT, Calif., July 27, 2022 (GLOBE NEWSWIRE) -- Lam Research Corporation (the "Company," "Lam," "Lam Research") today announced financial results for the quarter ended June 26, 2022 (the “June 2022 q...
Here's Why Lam Research (LRCX) is a Strong Value Stock
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3 Magic Formula Semiconductor Stocks Gurus Are Buying
Joel Greenblatt (Trades, Portfolio) introduced the investing world to the “Magic Formula” when he published his bestselling book, “The Little Book That Beats the Market,” in 2005. The idea behind the Ma...
Lam Research stock downgraded only days ahead of its Q2 results
Lam Research Corporation (NASDAQ: LRCX) has been rather painful for its shareholders this year, now down more than 35% versus the start of 2021. More alarmingly, though, a Barclays analyst says a recove...
Lam Research stock downgraded as Barclays calls recent chip rally a 'head fake'
Shares of Lam Research Corp. LRCX, -2.55% were down 1% in premarket trading Monday after Barclays analyst Blayne Curtis cut his rating on the chip-equipment stock to equal weight from overweight as part...
Lam Research (LRCX) to Report Q4 Earnings: What's in Store?
Lam Research's (LRCX) fourth-quarter fiscal 2022 results are likely to gain from strong demand for semiconductor equipment. However, supply-chain constraints might have been a headwind.
Chip Gear Makers Face Slowdown In Customer Spending
Semiconductor equipment makers are facing headwinds as some chip manufacturers have lowered their capital spending plans. The post Chip Gear Makers Face Slowdown In Customer Spending appeared first on I...
Is Most-Watched Stock Lam Research Corporation (LRCX) Worth Betting on Now?
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.
Lam Research Stock Has Risen 3x Since Late 2018: Here's Why
Lam Research Corporation (NASDAQ: LRCX) stock price soared almost 3x from $136 in 2018 end to $406 currently, primarily due to favorable changes in its P/S multiple.
Lam Research, Entegris, Gelest Team Up to Advance EUV Dry Resist Technology Ecosystem
Collaboration provides robust chemical supply chain for global chipmakers using the breakthrough technology and supports R&D for next-generation EUV applications SAN FRANCISCO , July 12, 2022 /PRNewswir...
These 2 Stocks Could Triple Your Money Over the Next Decade
Applied Materials and Lam Research have all the makings of a triple over the next 10 years.
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Lam Research Corporation Announces June 2022 Quarter Financial Conference Call
FREMONT, Calif., July 06, 2022 (GLOBE NEWSWIRE) -- Lam Research Corp. (NASDAQ: LRCX) today announced that the company will host its quarterly financial conference call and webcast on Wednesday, July 27,...
Pro reveals his top three recession-proof stocks to own right now
Nasdaq Composite closed nearly 2.0% up on Tuesday, which, as per Mike Vogelzang, is a sign that focus is shifting from inflation to a looming economic downturn. What a recession could mean for the U.S. ...
Lam Research (LRCX) Proceeds Well Toward Zero-Carbon Goals
Lam Research (LRCX) progresses well on its environmental sustainability path on the back of its newly introduced energy-efficient products and aggressive strategies.