Lam Research Corporation (LRCX)
| Market Cap | 116.97B |
| Revenue (ttm) | 14.24B |
| Net Income (ttm) | 3.61B |
| Shares Out | 130.74M |
| EPS (ttm) | 27.23 |
| PE Ratio | 32.85 |
| Forward PE | 26.15 |
| Dividend | $8.00 (0.89%) |
| Ex-Dividend Date | Jun 18, 2024 |
| Volume | 1,089,411 |
| Open | 908.10 |
| Previous Close | 884.12 |
| Day's Range | 889.04 - 908.66 |
| 52-Week Range | 574.42 - 1,130.00 |
| Beta | 1.49 |
| Analysts | Buy |
| Price Target | 968.19 (+8.22%) |
| Earnings Date | Jul 31, 2024 |
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 2023, Lam Research's revenue was $17.43 billion, an increase of 1.17% compared to the previous year's $17.23 billion. Earnings were $4.51 billion, a decrease of -2.05%.
Financial StatementsAnalyst Forecast
According to 21 analysts, the average rating for LRCX stock is "Buy." The 12-month stock price forecast is $968.19, which is an increase of 8.22% from the latest price.
News
S&P 500 Gains and Losses Today: Chip Stocks Fall on Possible Export Restrictions
Tech stocks, and particularly shares of semiconductor firms, have played a key role in driving major U.S. equities indexes to record highs, but the tides changed on Wednesday.
Lam Research Appoints Ava Harter as Chief Legal Officer
FREMONT, Calif. , July 16, 2024 /PRNewswire/ -- Lam Research Corp. (NASDAQ: LRCX) today announced that Ava Harter has joined its executive leadership team as senior vice president and chief legal offi...
Lam Research Corporation Announces June 2024 Quarter Financial Conference Call
FREMONT, Calif. , July 10, 2024 /PRNewswire/ -- Lam Research Corp. (NASDAQ: LRCX) today announced that the company will host its quarterly financial conference call and webcast on Wednesday, July 31, ...
Lam Research Highlights its Progress to Create a Better World Through Semiconductor Innovation in 2023 ESG Report
FREMONT, Calif. , June 27, 2024 /PRNewswire/ -- Lam Research Corp. (Nasdaq: LRCX) today released its 2023 Environment, Social, and Governance (ESG) report, detailing accomplishments, and quantified re...
Lam Research Helping Drive AI Growth
The AI boom is here, and industry supplier Lam Research Corporation (LRCX) is gaining as the technology grows.
Three-Stock Lunch: JPMorgan, Palo Alto & Lam Research
Victoria Greene, G Squared Private Wealth founding partner, joins 'Power Lunch' to discuss stock plays for three stocks, including JPMorgan, Palo Alto, and Lam Research.
Lam Research (LRCX) Approves $10B Buyback Program
Lam Research (LRCX) approves $10B buyback program and a 10-for-1 stock split. George Tsilis discusses this and demonstrates a neutral to bullish example trade using Lam Research.
Trade Tracker: Stephanie Link buys more Lam Research
Stephanie Link, CIO at Hightower, joins CNBC's "Halftime Report" to discuss why she bought more Lam Research.
Lam Research announces $10B buyback, 10-for-1 split: Time to invest?
On Tuesday, Lam Research Corporation (NASDAQ:LRCX) announced a significant $10 billion share repurchase authorization and a 10-for-1 stock split. This strategic move aligns with the company's commitme...
Lam Research Stock Surges. Here's Why.
The semiconductor-equipment company's board approves a $10 billion share repurchase authorization and a 10-for-1 split of its common stock.
Morning Minute: Tuesday, May 21
Palo Alto Networks (PANW) slipped after earnings, Lowe's (LOW) topped estimates in its latest report, and Lam Research (LRCX) announces a 10-for-1 stock split. #investing #paloaltonetworks #lowes #hom...
Lam Research Corporation Announces $10 Billion Share Repurchase Authorization and a 10-for-1 Stock Split
FREMONT, Calif. , May 21, 2024 /PRNewswire/ -- Lam Research Corporation (Nasdaq: LRCX) today announced that its Board of Directors approved a $10 billion share repurchase authorization and a forward s...
Lam Research Corporation Declares Quarterly Dividend
FREMONT, Calif. , May 16, 2024 /PRNewswire/ -- Lam Research Corporation (Nasdaq: LRCX) today announced that its Board of Directors has approved a quarterly dividend of $2.00 per share of common stock.
Lam Research Corporation Announces Participation at Upcoming Conferences
FREMONT, Calif. , May 15, 2024 /PRNewswire/ -- Lam Research Corp. (Nasdaq: LRCX) today announced that Tim Archer, President and Chief Executive Officer and Doug Bettinger, Executive Vice President and...
Lam Research Corporation Announces Participation at Upcoming Conference
FREMONT, Calif. , May 7, 2024 /PRNewswire/ -- Lam Research Corp. (Nasdaq: LRCX) today announced that Doug Bettinger, Executive Vice President and Chief Financial Officer, will participate in the follo...
Lam Research Stock Slips Despite Solid Earnings
The semiconductor equipment company reported revenue of $3.8 billion, up 0.9% from a year earlier.
Lam Research forecasts quarterly revenue above estimates on AI chip boom
Lam Research reported quarterly revenue above Wall Street expectations on Wednesday, as chipmakers ordered more of its equipment used to manufacture semiconductors for artificial intelligence applicat...
Lam Research Corporation Reports Financial Results for the Quarter Ended March 31, 2024
FREMONT, Calif. , April 24, 2024 /PRNewswire/ -- Lam Research Corporation (the "Company," "Lam," "Lam Research") today announced financial results for the quarter ended March 31, 2024 (the "March 2024...
Lam Research Corporation Announces March 2024 Quarter Financial Conference Call
FREMONT, Calif. , April 3, 2024 /PRNewswire/ -- Lam Research Corp. (NASDAQ: LRCX) today announced that the company will host its quarterly financial conference call and webcast on Wednesday, April 24,...
Lam Research Introduces Breakthrough Deposition Technique to Enable Next-Generation MEMS for 5G and Beyond
FREMONT, Calif. , March 26, 2024 /PRNewswire/ -- Lam Research Corp. (Nasdaq: LRCX) today introduced the world's first production-oriented pulsed laser deposition (PLD) tool to enable next-generation M...
Semi stocks will continue to bifurcate in performance, says James Cakmak
James Cakmak, Clockwise Capital Partner, discusses the recent run-up in semiconductor stocks.
Lam Research Honored by Ethisphere as One of the 2024 World's Most Ethical Companies®
FREMONT, Calif. , March 4, 2024 /PRNewswire/ -- Lam Research Corp. (NASDAQ: LRCX) today announced that it has received the 2024 World's Most Ethical Companies® recognition from Ethisphere, a global ...
Tiger Global slashes stakes in Magnificent Seven while piling into semiconductor makers
Tiger Global has slashed its positions in four of the five Magnificent Seven tech stocks that account for almost half of its portfolio, while upping its stake in Amazon.com and piling into semiconduct...