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NASDAQ:LRCX

Lam Research - LRCX Stock Forecast, Price & News

$477.69
-25.46 (-5.06%)
(As of 08/19/2022 01:27 PM ET)
Add
Compare
Today's Range
$477.50
$496.51
50-Day Range
$388.77
$531.85
52-Week Range
$375.87
$731.85
Volume
64,429 shs
Average Volume
1.62 million shs
Market Capitalization
$66.26 billion
P/E Ratio
14.59
Dividend Yield
1.21%
Price Target
$613.32

Lam Research MarketRank™ Forecast

Analyst Rating
Hold
2.42 Rating Score
Upside/​Downside
27.9% Upside
$613.32 Price Target
Short Interest
Healthy
1.26% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.64
Upright™ Environmental Score
News Sentiment
0.35mentions of Lam Research in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-4.34%
From $37.60 to $35.97 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.75 out of 5 stars

Computer And Technology Sector

227th out of 660 stocks

Special Industry Machinery, Not Elsewhere Classified Industry

5th out of 15 stocks

LRCX stock logo

About Lam Research (NASDAQ:LRCX) Stock

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. Lam Research Corporation was incorporated in 1980 and is headquartered in Fremont, California.

Lam Research Price Performance

Lam Research stock opened at $503.15 on Friday. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.69 and a quick ratio of 1.82. The company has a market capitalization of $69.79 billion, a PE ratio of 15.36, a price-to-earnings-growth ratio of 1.15 and a beta of 1.33. Lam Research has a one year low of $375.87 and a one year high of $731.85. The business has a 50 day simple moving average of $455.13 and a 200 day simple moving average of $495.33.

Lam Research (NASDAQ:LRCX - Get Rating) last issued its quarterly earnings data on Wednesday, July 27th. The semiconductor company reported $8.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.30 by $1.53. Lam Research had a return on equity of 75.71% and a net margin of 26.73%. The firm had revenue of $4.64 billion during the quarter, compared to the consensus estimate of $4.21 billion. During the same quarter in the previous year, the company posted $8.09 EPS. The business's revenue for the quarter was up 11.8% compared to the same quarter last year. On average, sell-side analysts forecast that Lam Research will post 37.6 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on LRCX shares. Citigroup cut their price target on Lam Research from $720.00 to $700.00 in a research note on Thursday, July 28th. Barclays lowered Lam Research from an "overweight" rating to an "equal weight" rating and lowered their price objective for the company from $625.00 to $450.00 in a report on Wednesday, August 3rd. Cowen lowered their target price on Lam Research from $800.00 to $620.00 in a report on Thursday, July 28th. The Goldman Sachs Group raised their target price on Lam Research from $448.00 to $504.00 and gave the company a "buy" rating in a report on Thursday, July 28th. Finally, Jefferies Financial Group lowered their target price on Lam Research from $869.00 to $670.00 in a report on Friday, April 22nd. Eleven equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $613.32.

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LRCX Stock News Headlines

Here's Why Lam Research Stock Is Falling
Investors See Opportunity in Huge Global Demand for Lithium
The global lithium market is projected to surge 500% due to a growing need for lithium-filled batteries. And one junior mining company in a renowned location in South America is in the right place at the right time to capitalize on this megatrend.
Nasdaq 100 Movers: LRCX, AZN
Barclays Lowers Lam Research (NASDAQ:LRCX) to Equal Weight
Investors See Opportunity in Huge Global Demand for Lithium
The global lithium market is projected to surge 500% due to a growing need for lithium-filled batteries. And one junior mining company in a renowned location in South America is in the right place at the right time to capitalize on this megatrend.
10 Stocks That Will Benefit from CHIPS Act
Lam Research Whale Trades For August 02
Lam Research (NASDAQ:LRCX) PT Lowered to $620.00 at Cowen
Lam Research (NASDAQ:LRCX) Price Target Raised to $504.00
See More Headlines
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LRCX Company Calendar

Ex-Dividend for 7/6 Dividend
6/14/2022
Dividend Payable
7/06/2022
Last Earnings
7/27/2022
Today
8/19/2022
Next Earnings (Estimated)
10/19/2022
Fiscal Year End
6/30/2023

Industry, Sector and Symbol

Industry
Special industry machinery, not elsewhere classified
Sub-Industry
Semiconductor Equipment
Current Symbol
NASDAQ:LRCX
CUSIP
51280710
Employees
14,100
Year Founded
1980

Price Target and Rating

Average Stock Price Forecast
$613.32
High Stock Price Forecast
$840.00
Low Stock Price Forecast
$450.00
Forecasted Upside/Downside
+28.4%
Consensus Rating
Hold
Rating Score (0-4)
2.42
Research Coverage
19 Analysts

Profitability

Net Income
$4.61 billion
Pretax Margin
30.15%

Debt

Sales & Book Value

Annual Sales
$17.23 billion
Cash Flow
$34.54 per share
Book Value
$45.26 per share

Miscellaneous

Free Float
138,243,000
Market Cap
$66.26 billion
Optionable
Optionable
Beta
1.33

Social Links


Key Executives

  • Mr. Timothy M. ArcherMr. Timothy M. Archer (Age 55)
    Pres, CEO & Director
    Comp: $3.23M
  • Mr. Douglas R. BettingerMr. Douglas R. Bettinger (Age 55)
    Exec. VP, CFO & Chief Accounting Officer
    Comp: $1.58M
  • Dr. Richard A. GottschoDr. Richard A. Gottscho (Age 70)
    Exec. VP & CTO
    Comp: $1.34M
  • Dr. Patrick J. Lord Ph.D. (Age 56)
    Exec. VP of Customer Support Bus. Group & Global Operations
    Comp: $1.16M
  • Mr. Vahid VahediMr. Vahid Vahedi (Age 56)
    Sr. VP & GM of the Etch Bus. Unit
    Comp: $1.06M
  • Mr. Robert F. Hawthorne
    Chief Information Officer
  • Ms. Tina Correia
    Corp. VP of Investor Relations & Corp. Fin.
  • Ms. Ava M. Hahn J.D. (Age 49)
    Sr. VP, Chief Legal Officer & Sec.
  • Ms. Stacey MacNeil
    Chief Communications Officer
  • Ms. Mary Teresa Hassett (Age 48)
    Chief HR Officer













LRCX Stock - Frequently Asked Questions

Should I buy or sell Lam Research stock right now?

19 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Lam Research in the last twelve months. There are currently 11 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" LRCX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LRCX, but not buy additional shares or sell existing shares.
View LRCX analyst ratings
or view top-rated stocks.

What is Lam Research's stock price forecast for 2022?

19 Wall Street analysts have issued 1 year price objectives for Lam Research's stock. Their LRCX share price forecasts range from $450.00 to $840.00. On average, they predict the company's share price to reach $613.32 in the next twelve months. This suggests a possible upside of 21.9% from the stock's current price.
View analysts price targets for LRCX
or view top-rated stocks among Wall Street analysts.

How have LRCX shares performed in 2022?

Lam Research's stock was trading at $719.15 at the beginning of the year. Since then, LRCX stock has decreased by 30.0% and is now trading at $503.15.
View the best growth stocks for 2022 here
.

When is Lam Research's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 19th 2022.
View our LRCX earnings forecast
.

How were Lam Research's earnings last quarter?

Lam Research Co. (NASDAQ:LRCX) issued its earnings results on Wednesday, July, 27th. The semiconductor company reported $8.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.30 by $1.53. The semiconductor company earned $4.64 billion during the quarter, compared to the consensus estimate of $4.21 billion. Lam Research had a trailing twelve-month return on equity of 75.71% and a net margin of 26.73%. Lam Research's revenue was up 11.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $8.09 earnings per share.
Read the conference call transcript
.

How often does Lam Research pay dividends? What is the dividend yield for Lam Research?

Lam Research declared a quarterly dividend on Wednesday, May 11th. Stockholders of record on Wednesday, June 15th will be paid a dividend of $1.50 per share on Wednesday, July 6th. This represents a $6.00 dividend on an annualized basis and a yield of 1.19%. The ex-dividend date of this dividend is Tuesday, June 14th.
Read our dividend analysis for LRCX
.

Is Lam Research a good dividend stock?

Lam Research (NASDAQ:LRCX) pays an annual dividend of $6.00 per share and currently has a dividend yield of 1.21%. The company has been increasing its dividend for 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 18.32%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LRCX will have a dividend payout ratio of 16.68% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LRCX.

What guidance has Lam Research issued on next quarter's earnings?

Lam Research issued an update on its first quarter 2023 earnings guidance on Thursday, August, 4th. The company provided earnings per share (EPS) guidance of $8.75-$10.25 for the period, compared to the consensus earnings per share estimate of $8.82. The company issued revenue guidance of $4.60 billion-$5.20 billion, compared to the consensus revenue estimate of $4.63 billion.

What is Tim Archer's approval rating as Lam Research's CEO?

152 employees have rated Lam Research Chief Executive Officer Tim Archer on Glassdoor.com. Tim Archer has an approval rating of 94% among the company's employees. This puts Tim Archer in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Lam Research own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Lam Research investors own include NVIDIA (NVDA), Micron Technology (MU), Alibaba Group (BABA), Applied Materials (AMAT), Netflix (NFLX), Intel (INTC), Advanced Micro Devices (AMD), Broadcom (AVGO), Salesforce (CRM) and PayPal (PYPL).

What is Lam Research's stock symbol?

Lam Research trades on the NASDAQ under the ticker symbol "LRCX."

Who are Lam Research's major shareholders?

Lam Research's stock is owned by a variety of retail and institutional investors. Top institutional investors include State Street Corp (4.06%), FMR LLC (3.68%), Sands Capital Management LLC (1.35%), Northern Trust Corp (1.12%), Massachusetts Financial Services Co. MA (0.94%) and Price T Rowe Associates Inc. MD (0.88%). Insiders that own company stock include Catherine P Lego, Douglas R Bettinger, Douglas R Bettinger, Jaynie M Studenmund, Kevin Jennings, Leslie F Varon, Mansy Youssef A El, Patrick J Lord, Richard A Gottscho, Richard A Gottscho, Sarah A O'dowd, Scott Gerald Meikle, Seshasayee Varadarajan, Timothy Archer, Timothy Archer and Vahid Vahedi.
View institutional ownership trends
.

How do I buy shares of Lam Research?

Shares of LRCX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Lam Research's stock price today?

One share of LRCX stock can currently be purchased for approximately $503.15.

How much money does Lam Research make?

Lam Research (NASDAQ:LRCX) has a market capitalization of $69.79 billion and generates $17.23 billion in revenue each year. The semiconductor company earns $4.61 billion in net income (profit) each year or $32.75 on an earnings per share basis.

How many employees does Lam Research have?

The company employs 14,100 workers across the globe.

Does Lam Research have any subsidiaries?
The following companies are subsidiares of Lam Research: Bullen Semiconductor, Coventor, Coventor Inc., Coventor Korea Limited, Coventor Sarl, Lam Research (H.K.) Limited, Lam Research (H.K.) Limited Taiwan Branch, Lam Research (India) Private Limited, Lam Research (Ireland) Limited, Lam Research (Israel) Ltd., Lam Research (Shanghai) Co. Ltd., Lam Research AG, Lam Research B.V., Lam Research Belgium BVBA, Lam Research Capital LLC, Lam Research Capital Ltd., Lam Research Co. Ltd., Lam Research GmbH, Lam Research Holding GmbH, Lam Research Illinois IAG Inc, Lam Research International B.V., Lam Research International Holding Company, Lam Research International Holdings II Ltd., Lam Research International Holdings Ltd., Lam Research International Sdn Bhd., Lam Research International Sàrl, Lam Research Korea LLC YH, Lam Research Korea Limited, Lam Research Korea Technology LLC YH, Lam Research Ltd., Lam Research Luxembourg S.à.r.l., Lam Research Malaysia Sdn. Bhd., Lam Research Management GmbH, Lam Research Manufacturing Korea LLC, Lam Research S.r.l., Lam Research SAS, Lam Research Service Co. Ltd., Lam Research Services Ltd., Lam Research Singapore Pte Ltd., Metryx Ltd., Novellus Systems, Novellus Systems Inc., Novellus Systems International LLC, SEZ, Silfex Inc., SpeedFam-IPEC International Services LLC, and Straatum Processware.
Read More
When was Lam Research founded?

Lam Research was founded in 1980.

How can I contact Lam Research?

Lam Research's mailing address is 4650 Cushing Parkway, Fremont CA, 94538. The official website for the company is www.lamresearch.com. The semiconductor company can be reached via phone at (510) 572-0200, via email at investor.relations@lamresearch.com, or via fax at 510-572-6454.

This page (NASDAQ:LRCX) was last updated on 8/19/2022 by MarketBeat.com Staff

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