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Lam Research NasdaqGS:LRCX Stock Report

Last Price

US$821.01

Market Cap

US$106.6b

7D

-3.1%

1Y

17.0%

Updated

01 Sep, 2024

Data

Company Financials +

Lam Research Corporation

NasdaqGS:LRCX Stock Report

Market Cap: US$106.6b

LRCX Stock Overview

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

LRCX fundamental analysis
Snowflake Score
Valuation4/6
Future Growth3/6
Past Performance3/6
Financial Health6/6
Dividends4/6

Community Narratives

Narratives bring a range of perspectives from our community.

US$1.05k
FV
22.2% undervalued intrinsic discount
14.61%
Revenue growth p.a.
1users have liked this narrative
0users have commented on this narrative
1users have followed this narrative
27 days agoauthor updated this narrative

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$821.01
52 Week HighUS$1,130.00
52 Week LowUS$574.42
Beta1.49
11 Month Change7.60%
3 Month Change-12.25%
1 Year Change16.96%
33 Year Change34.44%
5 Year Change260.22%
Change since IPO31,342.94%

Recent News & Updates

Lam Research: Finding Opportunity Amidst Q4 FY 2024 Post Earnings Dip

Aug 16

Lam Research: China Risk May Offset Memory Recovery And AI Boost

Aug 03

The Lam Research Corporation (NASDAQ:LRCX) Full-Year Results Are Out And Analysts Have Published New Forecasts

Aug 02
The Lam Research Corporation (NASDAQ:LRCX) Full-Year Results Are Out And Analysts Have Published New Forecasts

Recent updates

Lam Research: Finding Opportunity Amidst Q4 FY 2024 Post Earnings Dip

Aug 16

Lam Research: China Risk May Offset Memory Recovery And AI Boost

Aug 03

The Lam Research Corporation (NASDAQ:LRCX) Full-Year Results Are Out And Analysts Have Published New Forecasts

Aug 02
The Lam Research Corporation (NASDAQ:LRCX) Full-Year Results Are Out And Analysts Have Published New Forecasts

Investors Still Waiting For A Pull Back In Lam Research Corporation (NASDAQ:LRCX)

Jul 28
Investors Still Waiting For A Pull Back In Lam Research Corporation (NASDAQ:LRCX)

Lam Research: It's Still All About Memory- Maintaining Buy

Jul 11

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

Jul 03
Why Lam Research Corporation (NASDAQ:LRCX) Could Be Worth Watching

Capitalizing On The Semiconductor Rebound: Lam Research Is A Compelling Buy

Jul 02

Lam Research: Headwinds Coming From Chinese And Japanese Competitors

Jun 07

Here's Why Lam Research (NASDAQ:LRCX) Can Manage Its Debt Responsibly

Jun 06
Here's Why Lam Research (NASDAQ:LRCX) Can Manage Its Debt Responsibly

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)

Shareholder Returns

LRCXUS SemiconductorUS Market
7D-3.1%-4.5%0.07%
1Y17.0%74.8%22.7%

Return vs Industry: LRCX underperformed the US Semiconductor industry which returned 74.8% over the past year.

Return vs Market: LRCX underperformed the US Market which returned 22.7% over the past year.

Price Volatility

Is LRCX's price volatile compared to industry and market?
LRCX volatility
LRCX Average Weekly Movement7.7%
Semiconductor Industry Average Movement8.4%
Market Average Movement6.3%
10% most volatile stocks in US Market15.0%
10% least volatile stocks in US Market3.1%

Stable Share Price: LRCX's share price has been volatile over the past 3 months.

Volatility Over Time: LRCX's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198017,450Tim 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; and VECTOR plasma-enhanced CVD 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$106.63b
Earnings (TTM)US$3.83b
Revenue (TTM)US$14.91b

27.9x

P/E Ratio

7.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LRCX income statement (TTM)
RevenueUS$14.91b
Cost of RevenueUS$7.81b
Gross ProfitUS$7.10b
Other ExpensesUS$3.27b
EarningsUS$3.83b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)29.47
Gross Margin47.61%
Net Profit Margin25.68%
Debt/Equity Ratio58.2%

How did LRCX perform over the long term?

See historical performance and comparison

Dividends

1.0%

Current Dividend Yield

27%

Payout Ratio