Lam Research Corporation (LRCX)
Market Cap | 121.32B |
Revenue (ttm) | 14.32B |
Net Income (ttm) | 3.46B |
Shares Out | 131.10M |
EPS (ttm) | 25.90 |
PE Ratio | 35.73 |
Forward PE | 29.04 |
Dividend | $8.00 (0.86%) |
Ex-Dividend Date | Mar 12, 2024 |
Volume | 1,125,798 |
Open | 898.40 |
Previous Close | 901.47 |
Day's Range | 897.87 - 930.03 |
52-Week Range | 507.19 - 1,007.39 |
Beta | 1.50 |
Analysts | Buy |
Price Target | 921.05 (-0.47%) |
Earnings Date | Apr 24, 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 $921.05, which is a decrease of -0.47% from the latest price.
News
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 ...
Lam Research Corporation Announces Participation at Upcoming Conference
FREMONT, Calif. , Feb. 20, 2024 /PRNewswire/ -- Lam Research Corp. (Nasdaq: LRCX) today announced that Doug Bettinger, Executive Vice President and Chief Financial Officer, will participate in the fol...
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...
Trade Tracker: Stephanie Link trims Lam Research and Broadcom
Stephanie Link, CIO at Hightower, joins CNBC's "Halftime Report" to explain why she's trimming Lam Research and Broadcom.
Lam Research Corporation Declares Quarterly Dividend
FREMONT, Calif. , Feb. 8, 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.
Cramer's Mad Dash: Lam Research
CNBC's Jim Cramer delivers his daily Mad Dash.
Lam Research delivers strong results, forecast as electronics demand recovers
Lam Research forecast third-quarter revenue largely above analysts' estimates and topped expectations on Wednesday, as chipmakers placed orders for the company's manufacturing equipment on a rebound i...
Lam Research Corporation Reports Financial Results for the Quarter Ended December 24, 2023
FREMONT, Calif. , Jan. 24, 2024 /PRNewswire/ -- Lam Research Corporation (the "Company," "Lam," "Lam Research") today announced financial results for the quarter ended December 24, 2023 (the "December...
Lam Research Corporation Announces December 2023 Quarter Financial Conference Call
FREMONT, Calif. , Jan. 3, 2024 /PRNewswire/ -- Lam Research Corp. (NASDAQ: LRCX) today announced that the company will host its quarterly financial conference call and webcast on Wednesday, January 24...
We've very bullish on semiconductors going into 2024, says BofA's Vivek Arya
Vivek Arya, Bank of America senior semiconductor analyst, joins 'Squawk Box' to discuss the state of the semiconductor industry, Micron's quarterly earnings results, industry outlook in 2024, and more...
Lam Research Earns Spot on the Dow Jones Sustainability Index for North America for the Third Consecutive Year
FREMONT, Calif. , Dec. 14, 2023 /PRNewswire/ -- Lam Research Corp. (Nasdaq: LRCX) today announced that it has been included on the prestigious 2023 Dow Jones Sustainability Index (DJSI) for North Amer...
Calls of the Day: Qualcomm, Lam Research and Transocean
Qualcomm and Lam Research getting downgraded at Morgan Stanley while Evercore is out with their top oil picks of 2024. CNBC's Halftime Committee debates the calls.
The nucleus of the economy is the semiconductor chip, says Virtus Investment's Joe Terranova
Joe Terranova, Virtus Investment Partners chief market strategist, joins 'Power Lunch' to take on the growth versus value debate and offer his market outlook.
Among the S&P 500, these 20 companies have made the best use of investors' money
There is no easy way to select individual stocks. Measures of financial quality can highlight companies that are worth a closer look, but a decision to commit money must also take into consideration b...
Lam Research Corporation Reports Financial Results for the Quarter Ended September 24, 2023
FREMONT, Calif. , Oct. 18, 2023 /PRNewswire/ -- Lam Research Corporation (the "Company," "Lam," "Lam Research") today announced financial results for the quarter ended September 24, 2023 (the "Septemb...
Lam Research earnings: What to expect
When Lam Research Corp. reports earnings after Wednesday's closing bell, analysts will be looking to see if the company expects the wafer-fab-equipment market to bottom by the end of the year, and at ...
Needham's double play in the semis
The "Halftime Report" Investment Committee debates Needham's buy call on Lam Research and Applied Materials.