Lam Research Future Growth
Future criteria checks 4/6
Lam Research is forecast to grow earnings and revenue by 16.9% and 14.4% per annum respectively. EPS is expected to grow by 17.9% per annum. Return on equity is forecast to be 81.2% in 3 years.
Key information
16.9%
Earnings growth rate
17.9%
EPS growth rate
| Semiconductor earnings growth | 24.5% |
| Revenue growth rate | 14.4% |
| Future return on equity | 81.2% |
| Analyst coverage | Good |
| Last updated | 07 Jun 2024 |
Recent future growth updates
Lam Research Corporation Just Beat EPS By 5.7%: Here's What Analysts Think Will Happen Next
Apr 26
Lam Research Corporation (NASDAQ:LRCX) Released Earnings Last Week And Analysts Lifted Their Price Target To US$872
Jan 31Recent updates
Lam Research: Headwinds Coming From Chinese And Japanese Competitors
Jun 07Here's Why Lam Research (NASDAQ:LRCX) Can Manage Its Debt Responsibly
Jun 06Lam Research (NASDAQ:LRCX) Is Aiming To Keep Up Its Impressive Returns
May 23Lam Research: More Wafer Fab Equipment Spend For FY2025, Maintaining Buy
May 18Lam Research Corporation Just Beat EPS By 5.7%: Here's What Analysts Think Will Happen Next
Apr 26Lam Research: Benefiting From HBM-Driven DRAM; Initiate With 'Strong Buy'
Apr 18Lam Research: A Favorite In The Semis - Initiating With A Buy
Apr 09Why We're Not Concerned About Lam Research Corporation's (NASDAQ:LRCX) Share Price
Apr 04Lam Research: Stock Price Runup Justified But Upside Now Limited
Feb 24Here's What's Concerning About Lam Research's (NASDAQ:LRCX) Returns On Capital
Feb 22Investors Can Find Comfort In Lam Research's (NASDAQ:LRCX) Earnings Quality
Feb 09Lam Research Corporation (NASDAQ:LRCX) Released Earnings Last Week And Analysts Lifted Their Price Target To US$872
Jan 31Lam Research (NASDAQ:LRCX) Has A Pretty Healthy Balance Sheet
Jan 28Lam Research: Lack Of Clarity On NAND A Significant Headwind In 2024
Jan 25Lam Research: Positioned Strongly (And Expensively) For AI Secular Trends
Jan 17Lam Research Corporation (NASDAQ:LRCX) Shares Could Be 25% Above Their Intrinsic Value Estimate
Jan 02Lam Research Corporation's (NASDAQ:LRCX) Price Is Out Of Tune With Earnings
Dec 21Why Lam Research Corporation (NASDAQ:LRCX) Could Be Worth Watching
Dec 09Lam Research (NASDAQ:LRCX) Might Become A Compounding Machine
Nov 15Is Lam Research (NASDAQ:LRCX) A Risky Investment?
Sep 27A Look At The Fair Value Of Lam Research Corporation (NASDAQ:LRCX)
Aug 30Why Lam Research Corporation (NASDAQ:LRCX) Could Be Worth Watching
Aug 17Lam Research (NASDAQ:LRCX) Could Become A Multi-Bagger
Jul 10Is Lam Research (NASDAQ:LRCX) A Risky Investment?
Jun 29If EPS Growth Is Important To You, Lam Research (NASDAQ:LRCX) Presents An Opportunity
Jun 07A Look At The Intrinsic Value Of Lam Research Corporation (NASDAQ:LRCX)
May 16Is It Too Late To Consider Buying Lam Research Corporation (NASDAQ:LRCX)?
May 05Why We Like The Returns At Lam Research (NASDAQ:LRCX)
Apr 01Is Lam Research (NASDAQ:LRCX) A Risky Investment?
Mar 20If EPS Growth Is Important To You, Lam Research (NASDAQ:LRCX) Presents An Opportunity
Mar 04Calculating The Intrinsic Value Of Lam Research Corporation (NASDAQ:LRCX)
Feb 10Should You Investigate Lam Research Corporation (NASDAQ:LRCX) At US$445?
Jan 08Investors Should Be Encouraged By Lam Research's (NASDAQ:LRCX) Returns On Capital
Dec 27Lam Research (NASDAQ:LRCX) Could Easily Take On More Debt
Dec 16Lam Research (NASDAQ:LRCX) Ticks All The Boxes When It Comes To Earnings Growth
Nov 24Is There An Opportunity With Lam Research Corporation's (NASDAQ:LRCX) 47% Undervaluation?
Nov 01Lam Research: Minimal Impact From Restrictions
Oct 15Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 6/30/2026 | 20,704 | 5,871 | 5,613 | 6,072 | 18 |
| 6/30/2025 | 17,662 | 4,626 | 4,472 | 4,860 | 27 |
| 6/30/2024 | 14,868 | 3,774 | 4,562 | 5,039 | 28 |
| 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 | 2,382 | 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 |
| 9/29/2013 | 3,707 | 197 | N/A | 523 | N/A |
| 6/30/2013 | 3,599 | 114 | N/A | 720 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LRCX's forecast earnings growth (16.9% per year) is above the savings rate (2.4%).
Earnings vs Market: LRCX's earnings (16.9% per year) are forecast to grow faster than the US market (14.8% per year).
High Growth Earnings: LRCX's earnings are forecast to grow, but not significantly.
Revenue vs Market: LRCX's revenue (14.4% per year) is forecast to grow faster than the US market (8.7% per year).
High Growth Revenue: LRCX's revenue (14.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: LRCX's Return on Equity is forecast to be very high in 3 years time (81.2%).