Added to YB: 2026-02-05
Pitch date: 2026-02-03
LRCX [neutral]
Lam Research Corporation
+3.27%
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
$229.87
Price Target
N/A
Dividend
0.43%
EV/EBITDA
39.64
P/E
49.27
EV/Sales
14.50
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Lam Research Q2 FY2026 Earnings: Key Takeaways
LRCX (earnings): Q2 beat w/ $5.34B rev (+22% YoY) & $1.27 EPS vs $1.16 est. China rev fell 43%→35% but offset by Taiwan/Korea growth. Q3 guide $5.7B rev vs ~$5.3B est. 2026 WFE $135B (+23%). Strong in HBM4, GAA transistors, adv packaging (+40% growth). Margins pressured by customer mix. Trades 53x P/E after 222% run.
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