Added to YB: 2026-02-03
Pitch date: 2026-01-30
LRCX [bullish]
Lam Research Corporation
+1.74%
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
$299.8B
Pitch Price
$233.33
Price Target
350.00 (+47%)
Dividend
0.43%
EV/EBITDA
39.64
P/E
49.27
EV/Sales
14.50
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Lam Research Earnings: The Toll Booth Reprices
LRCX: 10 qtrs growth, record installed base; AI driving more etch steps/node regardless wafer demand; Q2 beat $5.34B rev, 49.7% margins, $1.27 EPS; Q3 guide $5.7B; SK Hynix 'can't meet HBM demand 100%' confirms demand>supply; structural SAM expansion via process intensity, not cyclical
Read full article (6 min)