Lam Research Future Growth

Future criteria checks 3/6

Lam Research is forecast to grow earnings and revenue by 13.6% and 11.5% per annum respectively. EPS is expected to grow by 14.2% per annum. Return on equity is forecast to be 46% in 3 years.

Key information

13.6%

Earnings growth rate

14.2%

EPS growth rate

Semiconductor earnings growth	88.9%
Revenue growth rate	11.5%
Future return on equity	46.0%
Analyst coverage	Good
Last updated	17 Oct 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

BATS-CHIXE:LAR0D - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2027	22,032	6,314	6,093	6,788	12
6/30/2026	20,089	5,638	5,142	5,805	23
6/30/2025	17,301	4,559	4,456	4,978	30
6/30/2024	14,905	3,828	4,256	4,652	N/A
3/31/2024	14,241	3,610	4,538	4,913	N/A
12/24/2023	14,317	3,458	4,864	5,254	N/A
9/24/2023	15,836	3,972	4,502	4,941	N/A
6/25/2023	17,429	4,511	4,677	5,179	N/A
3/26/2023	18,857	4,917	3,952	4,500	N/A
12/25/2022	19,048	5,125	2,957	3,531	N/A
9/25/2022	17,997	4,851	3,282	3,832	N/A
6/26/2022	17,227	4,605	2,554	3,100	N/A
3/27/2022	16,737	4,541	3,567	4,092	N/A
12/26/2021	16,524	4,590	4,030	4,499	N/A
9/26/2021	15,754	4,265	2,980	3,403	N/A
6/27/2021	14,626	3,908	3,239	3,588	N/A
3/28/2021	13,273	3,460	2,670	2,965	N/A
12/27/2020	11,929	2,964	2,085	2,342	N/A
9/27/2020	11,056	2,609	2,078	2,305	N/A
6/28/2020	10,045	2,252	1,923	2,126	N/A
3/29/2020	9,614	2,097	1,975	2,194	N/A
12/29/2019	9,549	2,070	2,343	2,585	N/A
9/29/2019	9,489	2,124	2,633	2,920	N/A
6/30/2019	9,654	2,191	2,873	3,176	N/A
3/31/2019	10,418	2,671	2,697	3,014	N/A
12/23/2018	10,871	2,902	2,841	3,131	N/A
9/23/2018	10,930	2,323	2,248	2,518	N/A
6/24/2018	11,077	2,381	N/A	2,656	N/A
3/25/2018	10,296	1,886	N/A	2,667	N/A
12/24/2017	9,558	1,682	N/A	2,039	N/A
9/24/2017	8,859	2,025	N/A	2,414	N/A
6/25/2017	8,014	1,698	N/A	2,029	N/A
3/26/2017	7,215	1,430	N/A	1,724	N/A
12/25/2016	6,375	999	N/A	1,484	N/A
9/25/2016	5,918	889	N/A	1,375	N/A
6/26/2016	5,886	914	N/A	1,350	N/A
3/27/2016	5,821	786	N/A	1,219	N/A
12/27/2015	5,900	849	N/A	1,227	N/A
9/27/2015	5,707	803	N/A	1,093	N/A
6/28/2015	5,259	656	N/A	786	N/A
3/29/2015	5,027	758	N/A	739	N/A
12/28/2014	4,861	716	N/A	839	N/A
9/28/2014	4,745	688	N/A	806	N/A
6/29/2014	4,607	632	N/A	717	N/A
3/30/2014	4,345	485	N/A	646	N/A
12/29/2013	3,962	339	N/A	458	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: LAR0D's forecast earnings growth (13.6% per year) is above the savings rate (1.9%).

Earnings vs Market: LAR0D's earnings (13.6% per year) are forecast to grow slower than the UK market (14.1% per year).

High Growth Earnings: LAR0D's earnings are forecast to grow, but not significantly.

Revenue vs Market: LAR0D's revenue (11.5% per year) is forecast to grow faster than the UK market (3.5% per year).

High Growth Revenue: LAR0D's revenue (11.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: LAR0D's Return on Equity is forecast to be very high in 3 years time (46%).

Lam Research Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Lam Research Corporation Provides Earnings Guidance for the Third Quarter Ending March 31, 2024

Lam Research Corporation Provides Earnings Guidance for the Quarter Ended December 24, 2023

Lam Research Corporation Provides Earnings Guidance for the Quarter Ended September 24, 2023

Lam Research Corporation Provides Earnings Guidance for the Quarter Ended September 24, 2023

Recent updates

Lam Research Corporation, Annual General Meeting, Nov 05, 2024

Lam Research Corporation Announces Increase in Quarterly Dividend, Payable on October 1, 2024

Lam Research Introduces Lam Cryo 3.0 Cryogenic Etch Technology to Accelerate Scaling of 3D NAND for the AI Era

Lam Research Corporation Appoints Ava Harter as Senior Vice President and Chief Legal Officer

Lam Research Corporation(NasdaqGS:LRCX) dropped from Russell Top 200 Value Index

Lam Research Corporation (NasdaqGS:LRCX) announces an Equity Buyback for $10,000 million worth of its shares.

Lam Research Corporation Declares Quarterly Dividend, Payable on July 10, 2024

Lam Research Corporation Reports Impairment of Long-Lived Assets for the Third Quarter Ended March 31, 2024

Lam Research Corp. Introduces Breakthrough Deposition Technique to Enable Next-Generation MEMS for 5G and Beyond

Upcoming dividend of US$2.00 per share

Lam Research Corporation Declares Quarterly Dividend, Payable on April 3, 2024

Second quarter 2024 earnings released: EPS: US$7.25 (vs US$10.80 in 2Q 2023)

Lam Research Corporation Provides Earnings Guidance for the Third Quarter Ending March 31, 2024

Investor sentiment improves as stock rises 18%

Lam Research Corporation Declares Quarterly Dividend, Payable on January 3, 2024

Lam Research Corporation Declares Quarterly Dividend, Payable on January 3, 2024

Now 21% undervalued

First quarter 2024 earnings released: EPS: US$6.69 (vs US$10.42 in 1Q 2023)

Lam Research Corporation Provides Earnings Guidance for the Quarter Ended December 24, 2023

Lam Research Corporation, Annual General Meeting, Nov 07, 2023

Lam Research Corporation, Annual General Meeting, Nov 07, 2023

Lam Research Corporation Appoints John M. Dineen as Director

Lam Research Corporation Provides Earnings Guidance for the Quarter Ended September 24, 2023

Lam Research Corporation Provides Earnings Guidance for the Quarter Ended September 24, 2023

Lam Research Corp. Introduces First Bevel Deposition Solution to Increase Yield in Chip Production

Investor sentiment improves as stock rises 16%

Lam Research Corporation Declares Quarterly Dividend, Payable on July 5, 2023

Third quarter 2023 earnings released: EPS: US$6.03 (vs US$7.34 in 3Q 2022)

Now 21% undervalued

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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