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Lam Research NasdaqGS:LRCX Stock Report

Last Price

US$970.57

Market Cap

US$126.9b

7D

6.4%

1Y

54.5%

Updated

26 May, 2024

Data

Company Financials +

Lam Research Corporation

NasdaqGS:LRCX Stock Report

Market Cap: US$126.9b

LRCX Stock Overview

Designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits.

LRCX fundamental analysis
Snowflake Score
Valuation1/6
Future Growth4/6
Past Performance3/6
Financial Health6/6
Dividends4/6

Rewards

Risk Analysis

LRCX passed our risk checks.

Narratives

Beta

Narratives bring a range of perspectives from our community.

Lam Research Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Lam Research
Historical stock prices
Current Share PriceUS$970.57
52 Week HighUS$1,007.39
52 Week LowUS$574.42
Beta1.51
1 Month Change4.88%
3 Month Change3.39%
1 Year Change54.49%
3 Year Change49.35%
5 Year Change455.85%
Change since IPO37,070.77%

Recent News & Updates

Lam Research (NASDAQ:LRCX) Is Aiming To Keep Up Its Impressive Returns

May 23
Lam Research (NASDAQ:LRCX) Is Aiming To Keep Up Its Impressive Returns

Lam Research: More Wafer Fab Equipment Spend For FY2025, Maintaining Buy

May 18

Lam Research Corporation Just Beat EPS By 5.7%: Here's What Analysts Think Will Happen Next

Apr 26
Lam Research Corporation Just Beat EPS By 5.7%: Here's What Analysts Think Will Happen Next

Recent updates

Lam Research (NASDAQ:LRCX) Is Aiming To Keep Up Its Impressive Returns

May 23
Lam Research (NASDAQ:LRCX) Is Aiming To Keep Up Its Impressive Returns

Lam Research: More Wafer Fab Equipment Spend For FY2025, Maintaining Buy

May 18

Lam Research Corporation Just Beat EPS By 5.7%: Here's What Analysts Think Will Happen Next

Apr 26
Lam Research Corporation Just Beat EPS By 5.7%: Here's What Analysts Think Will Happen Next

Lam Research: Benefiting From HBM-Driven DRAM; Initiate With 'Strong Buy'

Apr 18

Lam Research: A Favorite In The Semis - Initiating With A Buy

Apr 09

Why We're Not Concerned About Lam Research Corporation's (NASDAQ:LRCX) Share Price

Apr 04
Why We're Not Concerned About Lam Research Corporation's (NASDAQ:LRCX) Share Price

Lam Research: Stock Price Runup Justified But Upside Now Limited

Feb 24

Here's What's Concerning About Lam Research's (NASDAQ:LRCX) Returns On Capital

Feb 22
Here's What's Concerning About Lam Research's (NASDAQ:LRCX) Returns On Capital

Investors Can Find Comfort In Lam Research's (NASDAQ:LRCX) Earnings Quality

Feb 09
Investors Can Find Comfort In Lam Research's (NASDAQ:LRCX) Earnings Quality

Lam Research Corporation (NASDAQ:LRCX) Released Earnings Last Week And Analysts Lifted Their Price Target To US$872

Jan 31
Lam Research Corporation (NASDAQ:LRCX) Released Earnings Last Week And Analysts Lifted Their Price Target To US$872

Lam Research (NASDAQ:LRCX) Has A Pretty Healthy Balance Sheet

Jan 28
Lam Research (NASDAQ:LRCX) Has A Pretty Healthy Balance Sheet

Lam Research: Lack Of Clarity On NAND A Significant Headwind In 2024

Jan 25

Lam Research: Positioned Strongly (And Expensively) For AI Secular Trends

Jan 17

Lam Research Corporation (NASDAQ:LRCX) Shares Could Be 25% Above Their Intrinsic Value Estimate

Jan 02
Lam Research Corporation (NASDAQ:LRCX) Shares Could Be 25% Above Their Intrinsic Value Estimate

Lam Research Corporation's (NASDAQ:LRCX) Price Is Out Of Tune With Earnings

Dec 21
Lam Research Corporation's (NASDAQ:LRCX) Price Is Out Of Tune With Earnings

Why Lam Research Corporation (NASDAQ:LRCX) Could Be Worth Watching

Dec 09
Why Lam Research Corporation (NASDAQ:LRCX) Could Be Worth Watching

Lam Research (NASDAQ:LRCX) Might Become A Compounding Machine

Nov 15
Lam Research (NASDAQ:LRCX) Might Become A Compounding Machine

Is Lam Research (NASDAQ:LRCX) A Risky Investment?

Sep 27
Is Lam Research (NASDAQ:LRCX) A Risky Investment?

A Look At The Fair Value Of Lam Research Corporation (NASDAQ:LRCX)

Aug 30
A Look At The Fair Value Of Lam Research Corporation (NASDAQ:LRCX)

Why Lam Research Corporation (NASDAQ:LRCX) Could Be Worth Watching

Aug 17
Why Lam Research Corporation (NASDAQ:LRCX) Could Be Worth Watching

Lam Research (NASDAQ:LRCX) Could Become A Multi-Bagger

Jul 10
Lam Research (NASDAQ:LRCX) Could Become A Multi-Bagger

Is Lam Research (NASDAQ:LRCX) A Risky Investment?

Jun 29
Is Lam Research (NASDAQ:LRCX) A Risky Investment?

If EPS Growth Is Important To You, Lam Research (NASDAQ:LRCX) Presents An Opportunity

Jun 07
If EPS Growth Is Important To You, Lam Research (NASDAQ:LRCX) Presents An Opportunity

A Look At The Intrinsic Value Of Lam Research Corporation (NASDAQ:LRCX)

May 16
A Look At The Intrinsic Value Of Lam Research Corporation (NASDAQ:LRCX)

Is It Too Late To Consider Buying Lam Research Corporation (NASDAQ:LRCX)?

May 05
Is It Too Late To Consider Buying Lam Research Corporation (NASDAQ:LRCX)?

Why We Like The Returns At Lam Research (NASDAQ:LRCX)

Apr 01
Why We Like The Returns At Lam Research (NASDAQ:LRCX)

Is Lam Research (NASDAQ:LRCX) A Risky Investment?

Mar 20
Is Lam Research (NASDAQ:LRCX) A Risky Investment?

If EPS Growth Is Important To You, Lam Research (NASDAQ:LRCX) Presents An Opportunity

Mar 04
If EPS Growth Is Important To You, Lam Research (NASDAQ:LRCX) Presents An Opportunity

Calculating The Intrinsic Value Of Lam Research Corporation (NASDAQ:LRCX)

Feb 10
Calculating The Intrinsic Value Of Lam Research Corporation (NASDAQ:LRCX)

Should You Investigate Lam Research Corporation (NASDAQ:LRCX) At US$445?

Jan 08
Should You Investigate Lam Research Corporation (NASDAQ:LRCX) At US$445?

Investors Should Be Encouraged By Lam Research's (NASDAQ:LRCX) Returns On Capital

Dec 27
Investors Should Be Encouraged By Lam Research's (NASDAQ:LRCX) Returns On Capital

Lam Research (NASDAQ:LRCX) Could Easily Take On More Debt

Dec 16
Lam Research (NASDAQ:LRCX) Could Easily Take On More Debt

Lam Research (NASDAQ:LRCX) Ticks All The Boxes When It Comes To Earnings Growth

Nov 24
Lam Research (NASDAQ:LRCX) Ticks All The Boxes When It Comes To Earnings Growth

Is There An Opportunity With Lam Research Corporation's (NASDAQ:LRCX) 47% Undervaluation?

Nov 01
Is There An Opportunity With Lam Research Corporation's (NASDAQ:LRCX) 47% Undervaluation?

Lam Research: Minimal Impact From Restrictions

Oct 15

Returns On Capital Are A Standout For Lam Research (NASDAQ:LRCX)

Sep 26
Returns On Capital Are A Standout For Lam Research (NASDAQ:LRCX)

Shareholder Returns

LRCXUS SemiconductorUS Market
7D6.4%8.6%-0.2%
1Y54.5%84.4%25.6%

Return vs Industry: LRCX underperformed the US Semiconductor industry which returned 84.4% over the past year.

Return vs Market: LRCX exceeded the US Market which returned 25.6% over the past year.

Price Volatility

Is LRCX's price volatile compared to industry and market?
LRCX volatility
LRCX Average Weekly Movement4.6%
Semiconductor Industry Average Movement6.6%
Market Average Movement5.9%
10% most volatile stocks in US Market16.0%
10% least volatile stocks in US Market2.8%

Stable Share Price: LRCX has not had significant price volatility in the past 3 months.

Volatility Over Time: LRCX's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198017,200Tim Archerwww.lamresearch.com

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 chemical vapor deposition products; and Striker single-wafer atomic layer deposition products for dielectric film solutions.

Lam Research Corporation Fundamentals Summary

How do Lam Research's earnings and revenue compare to its market cap?
LRCX fundamental statistics
Market capUS$126.89b
Earnings (TTM)US$3.61b
Revenue (TTM)US$14.24b

35.2x

P/E Ratio

8.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LRCX income statement (TTM)
RevenueUS$14.24b
Cost of RevenueUS$7.52b
Gross ProfitUS$6.72b
Other ExpensesUS$3.11b
EarningsUS$3.61b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)27.61
Gross Margin47.19%
Net Profit Margin25.35%
Debt/Equity Ratio62.1%

How did LRCX perform over the long term?

See historical performance and comparison

Dividends

0.8%

Current Dividend Yield

28%

Payout Ratio

Does LRCX pay a reliable dividends?

See LRCX dividend history and benchmarks
When do you need to buy LRCX by to receive an upcoming dividend?
Lam Research dividend dates
Ex Dividend DateJun 18 2024
Dividend Pay DateJul 10 2024
Days until Ex dividend22 days
Days until Dividend pay date44 days

Does LRCX pay a reliable dividends?

See LRCX dividend history and benchmarks
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.