Lam Research Corporation (LRCX)
- Previous Close
958.13 - Open
964.08 - Bid 969.98 x 100
- Ask 970.70 x 100
- Day's Range
961.09 - 982.54 - 52 Week Range
574.42 - 1,007.39 - Volume
718,860 - Avg. Volume
975,931 - Market Cap (intraday)
126.893B - Beta (5Y Monthly) 1.51
- PE Ratio (TTM)
35.59 - EPS (TTM)
27.27 - Earnings Date Jul 24, 2024 - Jul 29, 2024
- Forward Dividend & Yield 8.00 (0.82%)
- Ex-Dividend Date Jun 18, 2024
- 1y Target Est
986.49
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. In addition, the company offers Flex for dielectric etch applications; Kiyo for conductor etch applications; Syndion for through-silicon via etch applications; and Versys metal products for metal etch processes. Further, it provides Coronus bevel clean products to enhance die yield; Da Vinci, DV-Prime, EOS, and SP series products to address various wafer cleaning applications; and Metryx mass metrology systems for high precision in-line mass measurement in semiconductor wafer manufacturing. The company sells its products and services to semiconductors industry in the United States, China, Europe, Japan, Korea, Southeast Asia, Taiwan, and internationally. The company was incorporated in 1980 and is headquartered in Fremont, California.
www.lamresearch.com17,200
Full Time Employees
June 25
Fiscal Year Ends
Sector
Semiconductor Equipment & Materials
Industry
Recent News: LRCX
Performance Overview: LRCX
Trailing total returns as of 5/24/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
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5-Year Return
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Statistics: LRCX
Valuation Measures
Market Cap
126.89B
Enterprise Value
126.20B
Trailing P/E
35.64
Forward P/E
26.81
PEG Ratio (5yr expected)
2.62
Price/Sales (ttm)
9.05
Price/Book (mrq)
15.82
Enterprise Value/Revenue
8.86
Enterprise Value/EBITDA
27.34
Financial Highlights
Profitability and Income Statement
Profit Margin
25.35%
Return on Assets (ttm)
13.53%
Return on Equity (ttm)
43.95%
Revenue (ttm)
14.24B
Net Income Avi to Common (ttm)
3.61B
Diluted EPS (ttm)
27.27
Balance Sheet and Cash Flow
Total Cash (mrq)
5.67B
Total Debt/Equity (mrq)
62.12%
Levered Free Cash Flow (ttm)
3.73B
Research Analysis: LRCX
Company Insights: LRCX
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Research Reports: LRCX
Raising target amid WFE industry recovery
Lam Research supplies wafer fabrication equipment and services that are vital to the production of semiconductors. It offers a range of products used in thin film deposition, plasma etch, photoresist strip, and wafer cleaning processes. Lam has grown its addressable market to about 34% of total industry spending on wafer fabrication equipment, partly by merging with Novellus Systems in 2012. The customer base includes makers of memory and logic chips, with system shipments representing 75%-85% of revenue and services the remaining 15%-25%.
RatingPrice TargetThe Nasdaq 100 (QQQ) rebounded to its 21-day exponential average and a 50%
The Nasdaq 100 (QQQ) rebounded to its 21-day exponential average and a 50% retracement of the recent pullback on Friday, April 26, and then stalled. As long as the index does not make a lower low, the next and more-important resistance is the breakdown level up at 435 -- which is also a 61.8% retracement and the location of the 50-day moving average. The two most-common pullbacks are a three-wave and a five-wave decline. It is still unclear what is currently in play, but we would lean toward a new pullback low.
Lam Research Earnings: We Modestly Lift Our Memory Equipment Forecast and Valuation
Lam Research is one of the largest semiconductor wafer fabrication equipment, or WFE, manufacturers in the world. It specializes in the market segments of deposition and etch, which entail the buildup of layers on a semiconductor and the subsequent selective removal of patterns from each layer. Lam holds the top market share in etch and holds the clear cut second share in deposition. It is more exposed to memory chipmakers for DRAM and NAND chips. It counts as top customers the largest chipmakers in the world, including TSMC, Samsung, Intel, and Micron.
RatingPrice TargetLam Research Is a Wide-Moat WFE Titan With a Strong Position in Memory Equipment
Lam Research is one of the largest semiconductor wafer fabrication equipment, or WFE, manufacturers in the world. It specializes in the market segments of deposition and etch, which entail the buildup of layers on a semiconductor and the subsequent selective removal of patterns from each layer. Lam holds the top market share in etch and holds the clear cut second share in deposition. It is more exposed to memory chipmakers for DRAM and NAND chips. It counts as top customers the largest chipmakers in the world, including TSMC, Samsung, Intel, and Micron.
RatingPrice Target