Lam Research/LRCX

$946.00

0.32%
-
1D1W1MYTD1YMAX

About Lam Research

Lam Research Corporation is a supplier of wafer fabrication equipment and services to the semiconductor industry. The Company designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. Its products and services are designed to help its customers build devices that are used in a variety of electronic products, including mobile phones, personal computers, servers, wearables, automotive vehicles, and data storage devices. Its product families include ALTUS, SABRE, SPEED, Striker, VECTOR, Flex, Kiyo, Syndion, Versys Metal, Coronus, DV-Prime , Da Vinci , EOS , and SP Series. Its customer base includes semiconductor memory, foundries, and integrated device manufacturers (IDMs) that make products, such as non-volatile memory (NVM), dynamic random-access memory (DRAM) and logic devices. It offers services in areas, such as nanoscale applications enablement, chemistry, plasma and fluidics, and others.

Ticker

LRCX

Sector

Technology

Trading on

NASDAQ

Industry

Semiconductors

CEO

Timothy Archer

Employees

17,200

Headquarters

Fremont, United States

Lam Research Metrics

BasicAdvanced
$124B
Market cap
34.85
P/E ratio
$27.20
EPS
1.47
Beta
$7.45
Dividend rate
0.84%
Dividend yield
$124B
1.46617
$1,007.39
$559.41
977K
$7.45
2.819
1.843
55.826
62.122
28.2%
47.273
19.24%
43.95%
25.2%
34.848
8.701
15.445
19.816
34.922
1.21%
0.79%
0.84%
-24.48%
-24.28%
20.16%
30.04%
13.63%

What the Analysts think about Lam Research

Analyst Ratings

Majority rating from 30 analysts.
Buy

Price Targets

Average projection from 26 analysts.
4.28% upside
High $1,200.00
Low $670.00
$946.00
Current price
$986.49
Average price target

Lam Research Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
25.45% profit margin
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$3.8B
0.94%
Net income
$966M
1.22%
Profit margin
25.45%
0.28%

Lam Research Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 6.66%
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$5.98
$6.85
$7.52
$7.79
-
Expected
$5.07
$6.12
$7.10
$7.30
$7.57
Surprise
17.95%
11.84%
5.85%
6.66%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for Lam Research stock?

Lam Research (LRCX) has a market cap of $119B as of May 20, 2024.

What is the P/E ratio for Lam Research stock?

The price to earnings (P/E) ratio for Lam Research (LRCX) stock is 33.54 as of May 20, 2024.

Does Lam Research stock pay dividends?

Yes, the Lam Research (LRCX) stock pays dividends to shareholders. As of May 20, 2024, the dividend rate is $7.45 and the yield is 0.88%. Lam Research has a payout ratio of 28.21% on a trailing twelve-month basis.

When is the next Lam Research dividend payment date?

The next Lam Research (LRCX) dividend payment is scheduled for July 10, 2024.

What is the beta indicator for Lam Research?

Lam Research (LRCX) has a beta rating of 1.46. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Lam Research stock price target?

The target price for Lam Research (LRCX) stock is $986.49, which is 8.16% above the current price of $912.07. This is an average based on projections from 26 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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