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Added to YB: 2025-09-23

Pitch date: 2025-09-21

LRCX [bullish]

Lam Research Corporation

+26.23%

current return

Author Info

The Small Cap Strategist We specialize in unearthing undervalued companies largely overlooked by mainstream analysts. Our focus is on finding true bargains: businesses with strong fundamentals, limited downside, and significant upside potential. Sign up for the newsletter.

Company Info

Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits in the United States, China, Korea, Taiwan, Japan, Southeast Asia, and Europe.

Market Cap

$206.4B

Pitch Price

$129.33

Price Target

N/A

Dividend

0.63%

EV/EBITDA

29.02

P/E

36.26

EV/Sales

10.42

Sector

Semiconductors and Semiconductor Equipment

Category

growth

Show full summary:
50%+ Margins with 58% Segment Growth and Record Cash Flows - Lam Research Corporation

LRCX: FY2025 revenue +23.7% to $18.44B, Q2 record +33.6% YoY w/ >50% gross margins. AI/GAA driving etch/deposition intensity, expanding SAM to mid-30s% of WFE. Strong positioning in HBM, 3D NAND (200+ layers), molybdenum transitions. China risk at 35% revenue. Trades ~26-28x forward PE

Read full article (27 min)