Lam Research Stock Symbol LRCX Financial Insights

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Lam Research Corporation's stock symbol is LRCX, which is listed on the NASDAQ stock exchange.

The company is known for its leading-edge semiconductor equipment and services.

Lam Research has a market capitalization of over $50 billion.

The company's revenue has consistently grown over the years, with a compound annual growth rate (CAGR) of 15% from 2015 to 2020.

Lam Research's net income has also increased significantly, from $1.1 billion in 2015 to $4.3 billion in 2020.

The company's strong financial performance has led to a significant increase in its stock price, making it a popular choice among investors.

Stock Performance

Lam Research stock has had a remarkable 2025, with a 22% year-to-date increase as of February 19. This surge in stock value is a testament to the company's strong performance.

The 1-month performance of Lam Research stock shows a period low of $73.41 on January 27, 2025, with a subsequent increase of 3.66% since January 24. This indicates a steady upward trend in the stock's value.

Here's a breakdown of Lam Research's stock performance over different periods:

In the long term, Lam Research's stock has seen a significant decrease in value, with a 52-week performance of -9.51% since February 23, 2024.

Price Performance

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Lam Research has seen a significant increase in its share price, up 22% year to date as of Feb. 19.

The company's recent earnings beat expectations, with strong revenue and EPS growth, and positive Q3 guidance, boosting the stock by over 7%.

In the past year, Lam Research's share price has been quite volatile, with a 52-week low of 68.87 on November 20, 2024, and a high of 113.00 on July 11, 2024.

The company's performance over the past three months has been impressive, with a 3-month low of 70.16 on December 19, 2024, and a high of 91.72 on February 20, 2025.

Here's a breakdown of Lam Research's price performance over different periods:

This volatility highlights the importance of keeping a close eye on market trends and staying informed about a company's financial performance.

Financial Performance

Lam Research's revenue took a hit in 2024, dropping to $14.91 billion, a significant decrease of -14.48% compared to the previous year.

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The company's earnings also suffered, decreasing by -15.14% to $3.83 billion. This decline in revenue and earnings is a notable trend.

To put these numbers into perspective, let's take a look at the company's net income over the past few years:

As you can see, despite the decline in 2024, the company's net income has been steadily increasing in the following years.

Analyst Forecast

Analysts are optimistic about the future of LRCX stock, with an average rating of "Buy" from 22 analysts.

According to these experts, the 12-month stock price forecast is $97.3, which represents a 16.75% increase from the latest price.

This forecast is based on the company's strong financial performance, with a growth rate estimate of +28.21% year over year.

To put this in perspective, let's take a look at the estimated earnings for LRCX stock. The average estimate is $1.00, with a high estimate of $1.02 and a low estimate of $0.98.

Here's a summary of the estimated earnings:

The number of estimates is 9, which provides a reasonable basis for the forecast.

Financial Analysis

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Lam Research's net sales are projected to reach $27.97B in 2025, followed by $29.22B in 2026. This significant growth is expected to continue, with net sales reaching $2,661B in 2025 and $2,781B in 2026.

The company's net income is also expected to increase, from $7.61B in 2025 to $7.79B in 2026. This growth in net income is a positive sign for investors, indicating a strong financial performance.

Here's a summary of Lam Research's projected financial performance:

Lam Research's net debt is expected to be -$1.87B in 2025, followed by -$2.44B in 2026. This significant decrease in net debt is a positive sign for investors, indicating a strong financial position.

Price to Start Buying

I've noticed that Lam Research's stock price has already started to rise after beating expectations in Q2-2025, increasing by over 7%. This suggests that the company's strong revenue and EPS growth, as well as positive Q3 guidance, are already being reflected in the market.

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Lam Research's growth catalysts, including high-bandwidth memory and gate-all-around technology, are likely driving this momentum. This is a promising sign for investors who are considering buying into the company.

A 7% increase in stock price is a significant boost, and it's worth considering whether this is a good time to start buying Lam Research.

Financials

Lam Research's financial performance has seen a significant decrease in revenue and earnings in 2024, with a drop of -14.48% and -15.14% respectively compared to the previous year.

The company's revenue is expected to continue its downward trend, with projected net sales of $14.07B in 2025, followed by $14.71B in 2026.

Lam Research's net income is also expected to decrease in 2025, with a projected net income of $3.83B, followed by $3.92B in 2026.

The company's net debt has increased significantly, with a projected net debt of -$943M in 2025, followed by -$1.23B in 2026.

Here's a breakdown of Lam Research's projected financials for 2025 and 2026:

Lam Research's financial performance is expected to be impacted by the decline in revenue and earnings, but the company's resilience and dividend scores suggest that it is well-positioned to weather economic uncertainties.

Unveils New AI Chip Tools

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Lam Research is expanding its offerings in the AI chip market with two new tools designed specifically for building advanced artificial intelligence chips. These tools aim to capitalize on the growing demand for AI-driven semiconductors.

Lam Research is a leading supplier of chipmaking tools, and its entry into the AI chip market is a strategic move to tap into the increasing demand for AI-related semiconductor products. The company's new tools are expected to be in high demand.

The introduction of these new tools has sent Lam Research's stock price jumping, providing reassurance to AI investors who are eager to see the company's growth in this emerging market.

Investor Insights

Lam Research stock is a great option for investors looking for a semiconductor equipment maker with a strong track record.

The company posted earnings of 91 cents a share on revenue of $4.38 billion for the quarter, beating analysts' expectations.

Analysts' Recommendations

Investors are always on the lookout for expert opinions to inform their decisions. Analysts' recommendations can provide valuable insights, and Lam Research Corporation has recently received several upgrades.

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Needham raised their price target on Lam Research to $96 from $90 on February 20.

BofA Securities and TD Cowen both raised their price targets to $110 from $100 on the same day, maintaining their Buy ratings. B. Riley also adjusted their price target to $108 from $105, keeping their Buy rating.

KeyBanc adjusted their price target to $105 from $95, maintaining their Overweight rating.

Here's a summary of the recent analyst upgrades:

AI Investors Get Reassurance

As an investor, it's great to see that AI investors are getting reassurance from companies like Lam Research. Lam Research Stock Jumps After Earnings is a clear indicator that their strategy is working.

The company's earnings of 91 cents a share on revenue of $4.38 billion for the quarter beat analysts' expectations. This is a significant milestone for Lam Research and a testament to their ability to deliver strong financial results.

What's even more impressive is that Lam Research is a semiconductor equipment maker, a sector that's crucial for the tech industry. Their success is a vote of confidence for the entire industry.

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Lam Research's ability to beat analysts' expectations is a clear indication that their financials are stronger than anticipated. This should give AI investors a sense of security and stability in their investment decisions.

By delivering strong earnings, Lam Research is sending a positive signal to the market, and their stock is reflecting that with a jump in value.

Shares Rise After Investor Day Reveals Model

Lam Research shares rose as much as 3% during their investor day presentation in New York.

The company unveiled ALTUS Halo, the world's first atomic layer deposition tool, which harnesses the capabilities of thin film deposition.

Investors got a glimpse into Lam Research's financial model, and it seemed to impress them.

The presentation lasted for roughly two-and-a-half hours, giving investors plenty of time to absorb the information.

Shares jumped during the presentation, indicating a positive reaction from investors.

Here are some key analysts' recommendations following the investor day:

Lam Research's investor day was a success, with shares rising in response to their presentation.

Managers and Directors

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As I dug into the leadership team of Lam Research Corporation, I found some interesting facts about the Managers and Directors.

Timothy Archer, the CEO, has been with the company since 2018.

Douglas Bettinger, the Director of Finance and CFO, has been with Lam Research since 2013.

Robert Hawthorne, the Chief Tech/Sci/R&D Officer, joined the company in 2019.

Eric Brandt, a Director/Board Member, has been serving the company since 2010.

Michael Cannon, another Director/Board Member, joined the board in 2011.

Abhijit Talwalkar, the Chairman, became the Chairman in 2019.

Here's a quick rundown of the Managers and Directors:

Valuation and Scores

Lam Research Corporation's valuation is a crucial aspect of its overall performance. The company's market capitalization has fluctuated between 84.67B and 16,009B, with a current value of 107B.

Its price-to-earnings (P/E) ratio has been steadily decreasing, from 22.3x in 2025 to 21.4x in 2026. This indicates that investors are becoming more optimistic about the company's future prospects.

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The enterprise value (EV) has also seen a decline, from 106B to 83.72B, with an expected EV/sales ratio of 5.95x in 2025 and 5.67x in 2026.

Here is a summary of Lam Research's valuation metrics:

The free-float percentage is 43.48%, indicating that a significant portion of the company's shares are available for trading. The yield, which measures the return on investment, is expected to be 1.09% in 2025 and 1.2% in 2026.

Analyst Rating/Earnings Estimates

Analyst Rating/Earnings Estimates is a crucial factor to consider when evaluating a company's valuation.

The average estimate for Lam Research's revenue is $1.00.

A total of 9 analysts have provided estimates, giving us a sense of the overall consensus.

The high estimate for Lam Research's revenue is $1.02, indicating some optimism among analysts.

On the other hand, the low estimate is $0.98, showing some caution.

Looking back at the prior year, Lam Research's revenue was $0.78.

This means that the company is expected to experience a significant growth rate of +28.21% compared to the previous year.

Here's a summary of the analyst ratings and earnings estimates:

  • Average Estimate: $1.00
  • Number of Estimates: 9
  • High Estimate: $1.02
  • Low Estimate: $0.98
  • Prior Year: $0.78
  • Growth Rate Est. (year over year): +28.21%

Smart Scores Analysis

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Lam Research Corporation has a Smart Score of 3.0, which is a compound score indicating its overall outlook.

The company's Smart Score is derived from an equally weighted average of five underlying Factor scores.

The Value score for Lam Research Corporation is 2, indicating that it's not as high as other factors.

However, the company has above-average scores in Resilience and Dividend, with scores of 4 and 3 respectively.

Its Growth score is also 3, indicating potential for expansion and innovation in the semiconductor industry.

Lam Research Corporation has a steady Momentum in the market, reflecting investor confidence in the company's performance.

Here's a breakdown of the company's Smart Score:

This overall score suggests that Lam Research Corporation has a positive long-term outlook, with potential for expansion and innovation in the semiconductor industry.

Valuation:

Valuation is a crucial aspect of understanding a company's financial health and potential for growth. The capitalization of Lam Research Corporation has fluctuated significantly over the years, ranging from 96.01B to 16,009B.

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Let's take a look at the P/E ratio, which is a key indicator of a company's valuation. The P/E ratio for Lam Research Corporation in 2025 is 22.3x, while in 2026 it's expected to be 21.4x.

The enterprise value of Lam Research Corporation has also seen significant changes, ranging from 94.94B to 15,831B. This can give us an idea of the company's market value and its growth potential.

Here's a breakdown of the valuation metrics mentioned:

The free-float of Lam Research Corporation is 43.48%, which means that a significant portion of the company's shares are available for trading. This can impact the company's stock price and overall valuation.

Huge HBM Demand for AI Infrastructure

Lam Research is poised to benefit significantly from the AI infrastructure boom, driven by increasing demand for high-bandwidth memory and advanced logic chips.

The company holds a dominant market share in the industry, making it a prime beneficiary of the growing demand for AI infrastructure.

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Lam Research is seeing huge demand for High-Bandwidth Memory (HBM), a crucial component in the buildout of massive AI infrastructure.

This demand is driven by the need for faster and more efficient data processing, which is essential for AI applications.

The company's expertise in semiconductor equipment is perfectly aligned with the needs of the AI infrastructure market.

Lam Research stock has jumped after the company's earnings beat analysts' expectations, with a profit of 91 cents a share on revenue of $4.38 billion for the quarter.

EUV Dry Photoresist Technology Adopted by Leading Memory Manufacturer

Lam Research Corporation, a leading player in the semiconductor industry, has made a significant breakthrough with its innovative EUV dry photoresist technology, Aether. This technology has been adopted by a leading memory manufacturer.

Aether is a game-changer in the industry, and its adoption by a top memory manufacturer is a testament to its effectiveness. This partnership is expected to drive innovation and improve the production of memory products.

Lam Research Corporation is listed on the Nasdaq stock exchange under the symbol LRCX. This makes it easy for investors to track the company's performance.

Frequently Asked Questions

Is Lam Research a good stock to buy?

Lam Research Corp (LRCX) is considered a good stock to buy, with a 9/10 AI Score indicating a high probability of beating the market in the next 3 months. If you're considering investing, learn more about LRCX's potential for growth and market performance.

Who owns Lam Research?

Lam Research stock is primarily owned by individual investors and public companies, with institutional investors holding a smaller percentage. Approximately 71% of the company's stock is held by these groups.

What is the 12 month price target for LRCX?

The 12-month price target for Lam Research (LRCX) is $93.69, based on analyst forecasts. This estimate ranges from a low of $76.00 to a high of $114.00.

What is the 10 year return of LRCX stock?

The 10-year total return for LRCX stock is 953.24%. This impressive return makes Lam Research Corp a notable performer in the market.

What is the future of LRCX stock?

According to Wall Street analysts, LRCX stock is predicted to reach $92.00 in the next 12 months, representing a 25.3% increase from the current price. However, this is a projection and not a guarantee, so it's essential to stay informed about market trends and developments.

Alan Donnelly

Writer

Alan Donnelly is a seasoned writer with a unique voice and perspective. With a keen interest in finance and economics, Alan has established himself as a go-to expert in the field of derivatives, particularly in the realm of interest rate derivatives. Through his in-depth research and analysis, Alan has crafted engaging articles that break down complex financial concepts into accessible and informative content.

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