stock.name

Lam Research Corp.

LRCX

Market Cap$116.54B
Close$

Compare Lam Research

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Lam Research Corp.Lam Research Corp.33.70.86%42%8.10.6
marketMarket Avg591.3%30%-1
TechnologyTechnology Avg42.40.66%42%-0.7

Earnings Call Q2 2024

January 24, 2024 - AI Summary

Lam Research Corporation delivered strong performance in the December 2023 quarter, with revenues, gross margin, operating margin, and EPS all above the midpoint of their guided ranges.
The company expects a modest recovery in memory spending to drive a stronger exit to the year. Their early view of WFE (wafer fabrication equipment) spending for calendar 2024 is in the mid- to high $80 billion range.
Lam Research is committed to R&D and planned spending increases in 2024 to extend their differentiation in products and services targeted at next-generation semiconductor device inflections.

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$1062.00

Target Price by Analysts

19.7% upsideLam Research Target Price DetailsTarget Price
$690.44

Current Fair Value

22.2% downside

Overvalued by 22.2% based on the discounted cash flow analysis.

Share Statistics

Market cap$116.54 Billion
Enterprise Value$115.89 Billion
Dividend Yield$7.6822 (0.86%)
Earnings per Share$25.85
Beta1.79
Outstanding Shares131,103,000
Avg 30 Day Volume892,689

Return

Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio33.7
PEG-96.23
Price to Sales8.14
Price to Book Ratio14.31
Enterprise Value to Revenue8.09
Enterprise Value to EBIT28.8
Enterprise Value to Net Income33
Total Debt to Enterprise0.04
Debt to Equity0.61

Revenue Sources

No data

ESG Score

No data

About Lam Research Corp.

10,700 employees
CEO: Timothy Archer

Lam Research Corporation is an American corporation that engages in the design, manufacture, marketing, and service of semiconductor processing equipment used in the fabrication of integrated circuits. Its products are used primarily in ...