LRCXLam Research exhibits strong fundamentals driven by its crucial role in semiconductor manufacturing. Thematic tailwinds are positive, though technical indicators suggest potential short-term consolidation. Overall a solid investment for growth.
Lam Research is a critical enabler of semiconductor advancements, benefiting from strong secular trends in AI, high-performance computing, and digitalization.
Lam Research demonstrates robust profitability, a solid balance sheet, and consistent growth, supported by strong free cash flow generation.
The stock is trading within a range, with mixed signals from technical indicators. Support levels appear solid, but resistance needs to be overcome for a strong upward move.
| Factor | Score |
|---|---|
| Semiconductor Capital Equipment Demand | 95 |
| AI and Advanced Computing | 90 |
| Geopolitical Factors & Supply Chain | 75 |
| Innovation in Manufacturing Processes | 92 |
| Automotive & IoT Growth | 85 |
| Factor | Score |
|---|---|
| Valuation | 60 |
| Profitability | 90 |
| Growth | 45 |
| Balance Sheet Health | 75 |
| Cash Flow | 88 |
| Dividends | 65 |
| Factor | Score |
|---|---|
| Trend Analysis | 40 |
| Momentum | 60 |
| Volume Analysis | 70 |
| Support and Resistance | 75 |
| Price Action | 80 |
Consistent EPS Surprises
The company has consistently beaten EPS estimates in the last 4 quarters, with an average surprise of 7.93%. This demonstrates strong earnings execution and reliability.
Attractive P/E Ratio
The current trailing P/E ratio is 27.24, which is below the industry average of 30.5, suggesting the stock may be undervalued relative to its peers.
Increasing Forward P/E Ratio
The forward P/E ratio for Q1 2025 is 69.7, significantly higher than the trailing P/E of 27.24, suggesting high growth expectations are priced in and potential for a valuation reset.
Slowing Revenue Growth
Revenue growth has decelerated from $4.61 billion in Q2 2022 to $3.87 billion in Q2 2024 (annualized), indicating potential market saturation or increased competition.
June 2025
18
Ex-Dividend Date
July 2025
9
Next Dividend Date
July 2025
31
Next Earnings Date
H: $1.25
A: $1.20
L: $1.12
H: 5.06B
A: 5.00B
L: 4.87B
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; and VECTOR plasma-enhanced CVD 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; Vantex, a dielectric etch system that provides RF technology and repeatable wafer-to-wafer performance enabled by Equipment Intelligence solutions; 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; and Da Vinci, DV-Prime, EOS, and SP series products to address various wafer cleaning applications. The company sells its products in the United States, China, Europe, Japan, Korea, Southeast Asia, and Taiwan. Lam Research Corporation was incorporated in 1980 and is headquartered in Fremont, California.
99.03 USD
The 39 analysts offering 1 year price forecasts for LRCX have a max estimate of 125.00 and a min estimate of 70.00.