Lam Research Corporation (LRCX)

NASDAQ: LRCX · IEX Real-Time Price · USD
512.41
-4.88 (-0.94%)
Aug 16, 2022 11:25 AM EDT - Market open
-0.94%
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...]

Industry Semiconductors & Semiconductor Equipment
Founded 1980
CEO Timothy Archer
Employees 11,300
Stock Exchange NASDAQ
Ticker Symbol LRCX
Full Company Profile

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 Statements

Analyst 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.

Price Target
$586.56
(14.47% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

Other symbols: AMATMU

3 Reasons Why Lam Research Is a Great Long-Term Investment

This semiconductor equipment company has a bright future, despite near-term challenges.

A Check Up On Chips: 8 Stocks To Buy On The Dip

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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.

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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...

Other symbols: ONSTM

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...

Other symbols: ENTG

7 Cheap Semiconductor Stocks to Buy Now

It is not often that we can accumulate a list of cheap semiconductor stocks to buy, but the recent shortages are making it possible. The post 7 Cheap Semiconductor Stocks to Buy Now appeared first on In...

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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.

Other symbols: AMAT

3 Smartest Tech Stocks to Buy in 2022 and Beyond

Some of the top tech stocks you'll want to have in your portfolio for the next decade are on sale.

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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. ...

Other symbols: TWFC

7 Growth Stocks to Buy in July 2022

The severe macroeconomic climate has led investors toward defensive plays, creating buy opportunities in the following growth stocks. The post 7 Growth Stocks to Buy in July 2022 appeared first on Inves...

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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.