Added to YB: 2025-10-28
Pitch date: 2025-10-26
LRCX [neutral]
Lam Research Corporation
+2.97%
current return
Author Info
No bio for this author
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
$208.3B
Pitch Price
$155.88
Price Target
175.00 (+9%)
Dividend
0.63%
EV/EBITDA
29.29
P/E
36.59
EV/Sales
10.52
Sector
Semiconductors and Semiconductor Equipment
Category
growth
LRCX | Lam Research Q1 2026 Highlights
LRCX (earnings update): Q1 beat w/ $5.32B rev (+28% YOY), $1.24 GAAP EPS vs $1.22 est. Systems biz exploded +48% YOY on AI demand (HBM/GAA chips). China 43% of rev = opportunity but geopolitical risk. CSBG flat YOY on weak NAND/mature capacity. DCF $140-175 target. Strong AI tailwinds but cycle/export risks.
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