Lam Research Corporation (LRCX)

NASDAQ: LRCX · IEX Real-Time Price · USD
925.37
+23.90 (2.65%)
At close: Apr 26, 2024, 4:00 PM
924.61
-0.76 (-0.08%)
After-hours: Apr 26, 2024, 7:51 PM EDT
2.65%
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]

Sector Technology
Founded 1980
Employees 17,200
Stock Exchange NASDAQ
Ticker Symbol LRCX
Full Company Profile

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 Statements

Analyst 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.

Price Target
$921.05
(-0.47% downside)
Analyst Consensus: Buy
Stock Forecasts

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.

2 days ago - Barrons

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...

2 days ago - Reuters

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...

2 days ago - PRNewsWire

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,...

23 days ago - PRNewsWire

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...

4 weeks ago - PRNewsWire

Semi stocks will continue to bifurcate in performance, says James Cakmak

James Cakmak, Clockwise Capital Partner, discusses the recent run-up in semiconductor stocks.

4 weeks ago - CNBC Television

6 Stocks to Buy—When the Market Finally Drops

The names all have ties to tech—and at least three are well known.

Other symbols: AMATAMDAPHNVDAUBER
7 weeks ago - Barrons

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 ...

7 weeks ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

2 months ago - Market Watch

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.

Other symbols: AVGO
2 months ago - CNBC Television

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.

2 months ago - PRNewsWire

Cramer's Mad Dash: Lam Research

CNBC's Jim Cramer delivers his daily Mad Dash.

3 months ago - CNBC Television

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...

3 months ago - Reuters

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...

3 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

These 20 stocks soared the most in 2023

The 2023 rally for stocks in the U.S. accelerated as more investors bought the idea that the Federal Reserve succeeded in its effort to bring inflation to heel.

4 months ago - Market Watch

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...

4 months ago - CNBC Television

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...

4 months ago - PRNewsWire

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.

Other symbols: QCOMRIG
5 months ago - CNBC Television

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.

5 months ago - CNBC Television

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...

6 months ago - Market Watch

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...

6 months ago - PRNewsWire

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 ...

6 months ago - Market Watch

Needham's double play in the semis

The "Halftime Report" Investment Committee debates Needham's buy call on Lam Research and Applied Materials.

Other symbols: AMAT
7 months ago - CNBC Television