7.43%
11.77%
8.58%
-12.36%
-2.17%
36.85%
170.72%
AI Spotlight on LRCX
Company Description
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; SOLA ultraviolet thermal processing products for film treatments; and VECTOR plasma-enhanced CVD ALD 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; 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; Da Vinci, DV-Prime, EOS, and SP series products to address various wafer cleaning applications; and Metryx mass metrology systems for high precision in-line mass measurement in semiconductor wafer manufacturing.The company sells its products and services to semiconductors industry in the United States, China, Europe, Japan, Korea, Southeast Asia, Taiwan, and internationally.
Lam Research Corporation was incorporated in 1980 and is headquartered in Fremont, California.
Market Data
| Last Price | 80.73 |
| Change Percentage | 7.43% |
| Open | 79.89 |
| Previous Close | 75.15 |
| Market Cap ( Millions) | 103874 |
| Volume | 24706323 |
| Year High | 113 |
| Year Low | 68.87 |
| M A 50 | 75.34 |
| M A 200 | 84.89 |
Financial Ratios
| FCF Yield | 4.19% |
| Dividend Yield | 1.07% |
| ROE | 50.75% |
| Debt / Equity | 50.84% |
| Net Debt / EBIDTA | -27.14% |
| Price To Book | 11.85 |
| Price Earnings Ratio | 24.31 |
| Price To FCF | 23.86 |
| Price To sales | 6.41 |
| EV / EBITDA | 23.47 |
News
- Jan -30 - Why Lam Research Stock Jumped Today
- Jan -30 - Lam Research Q2 Earnings Beat: Can Strong Guidance Lift the Stock?
- Jan -30 - Lam Research Stock Jumps After Earnings. AI Investors Just Got Another Reassurance.
- Jan -30 - Lam Research Corporation (LRCX) Q2 2025 Earnings Call Transcript
- Jan -29 - Lam Research (LRCX) Q2 Earnings and Revenues Top Estimates
- Jan -29 - Lam Research forecasts quarterly revenue above estimates amid AI boost
- Jan -29 - Breakthrough EUV Dry Photoresist Technology from Lam Research Adopted by Leading Memory Manufacturer
- Jan -29 - Lam Research Corporation Reports Financial Results for the Quarter Ended December 29, 2024
- Jan -28 - What's in Store for These 4 Electronic Stocks This Earnings Season?
- Jan -28 - DeepSeek AI Fears Overrated? ETFs in Focus
- Jan -27 - Why KLA, ASML, and Lam Research Stocks All Dropped Today
- Jan -26 - 2 Brilliant Growth Stocks to Buy Now With $300
- Jan -25 - Top 2 underperforming semiconductor stocks Jim Cramer recommends for buying in 2025
- Jan -24 - After Being Flat for a Year, We're Betting $10k This AI Stock Soars Higher
- Jan -24 - Lam Research Set to Report Q2 Earnings: Buy, Sell or Hold the Stock?
- Jan -24 - Prediction: 2 Stocks That'll Be Worth More Than Palo Alto Networks 2 Years From Now
- Jan -22 - Why AI Stocks Broadcom, Lam Research, and Monolithic Power Are Rising Today
- Jan -22 - Should You Buy Lam Research Stock Before Jan. 29?
- Jan -21 - Lam Research (LRCX) Outperforms Broader Market: What You Need to Know
- Jan -20 - LRCX Dips 18% in Six Months: Time to Accumulate or Exit the Stock?
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Systems Revenue
Expected Growth : 12 %
What the company do ?
Lam Research Corporation's Systems Revenue segment includes sales of semiconductor manufacturing equipment, such as etch and deposition tools, used in the production of semiconductors.
Why we expect these perspectives ?
Lam Research's Systems Revenue growth of 12% is driven by increasing demand for advanced logic and foundry devices, fueled by 5G and AI adoption. Additionally, the company's leadership in etch and deposition technologies, as well as its strong customer relationships, contribute to its market share gains and revenue growth.
Segment n°2 -> Customer Support-related Revenue and Other
Expected Growth : 10 %
What the company do ?
Customer Support-related Revenue and Other from Lam Research Corporation refers to revenue generated from services, including maintenance, repair, and training, as well as other non-product related revenue streams.
Why we expect these perspectives ?
Lam Research Corporation's 10% growth in Customer Support-related Revenue and Other is driven by increasing demand for semiconductor capital equipment, expansion into new markets, and growing adoption of advanced technologies such as AI and 5G. Additionally, the company's strategic investments in digital transformation and customer experience initiatives have enhanced its support capabilities, leading to increased revenue from support services.
Lam Research Corporation Products
| Product Range | What is it ? |
|---|---|
| Etch Products | Etch products are used to create patterns and structures on silicon wafers, enabling the fabrication of semiconductors. |
| Deposition Products | Deposition products are used to deposit thin films of material onto silicon wafers, enabling the fabrication of semiconductors. |
| Clean Products | Clean products are used to clean and remove impurities from silicon wafers, enabling the fabrication of semiconductors. |
| CMP Products | CMP (Chemical Mechanical Planarization) products are used to planarize and polish silicon wafers, enabling the fabrication of semiconductors. |
| Metrology and Inspection Products | Metrology and inspection products are used to measure and inspect silicon wafers, enabling the fabrication of semiconductors. |
| Wafer Cleaning and Etch Systems | Wafer cleaning and etch systems are used to clean and etch silicon wafers, enabling the fabrication of semiconductors. |
| Dielectric Etch Systems | Dielectric etch systems are used to etch dielectric materials, enabling the fabrication of semiconductors. |
| Conductor Etch Systems | Conductor etch systems are used to etch conductor materials, enabling the fabrication of semiconductors. |
Lam Research Corporation's Porter Forces
Threat Of Substitutes
The threat of substitutes for Lam Research Corporation is medium due to the presence of alternative technologies and products in the semiconductor industry.
Bargaining Power Of Customers
The bargaining power of customers for Lam Research Corporation is low due to the company's strong relationships with its customers and the lack of buyer concentration in the industry.
Bargaining Power Of Suppliers
The bargaining power of suppliers for Lam Research Corporation is medium due to the presence of multiple suppliers in the industry, but the company's dependence on a few key suppliers.
Threat Of New Entrants
The threat of new entrants for Lam Research Corporation is low due to the high barriers to entry in the semiconductor industry, including the need for significant capital investment and technological expertise.
Intensity Of Rivalry
The intensity of rivalry for Lam Research Corporation is high due to the competitive nature of the semiconductor industry, with multiple players competing for market share.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 37.90% |
| Debt Cost | 4.21% |
| Equity Weight | 62.10% |
| Equity Cost | 11.51% |
| WACC | 8.74% |
| Leverage | 61.04% |
Lam Research Corporation : Quality Control
Lam Research Corporation passed 7 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| KLAC | KLA Corporation designs, manufactures, and markets process control, process-enabling, and yield management solutions for the semiconductor and related electronics industries worldwide. It operates through four segments: Semiconductor Process Control; Specialty … |
| TXN | Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers worldwide. It operates in two segments, Analog and Embedded Processing. The Analog segment offers power products to … |
| AMAT | Applied Materials, Inc. provides manufacturing equipment, services, and software to the semiconductor, display, and related industries. It operates through three segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent … |
| AVGO | Broadcom Inc. designs, develops, and supplies various semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. … |
| MCHP | Microchip Technology Incorporated develops, manufactures, and sells smart, connected, and secure embedded control solutions in the Americas, Europe, and Asia. The company offers general purpose 8-bit, 16-bit, and 32-bit microcontrollers; … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Texas Instruments
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1-Year Total Return ->
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Broadcom
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1-Year Total Return ->
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Lam Research
A-Score
1-Year Total Return ->
4
Applied Materials
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1-Year Total Return ->
5
KLA
A-Score
1-Year Total Return ->
6
