Lam Research (LRCX) Stock Price, Fundamentals & Analysis

What LRCX does

Lam Research (LRCX) designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits across the United States, China, Korea, Taiwan, Japan, Southeast Asia, and Europe. Its product portfolio includes the ALTUS systems for depositing conformal or selective films in tungsten or molybdenum metallization, SABRE electrochemical deposition products that support copper damascene manufacturing, Striker single-wafer atomic layer deposition products for dielectric film solutions, and VECTOR plasma-enhanced chemical vapor deposition (CVD) products. The company operates in the Technology sector, specifically in Semiconductor Equipment & Materials, and is part of the S&P 500.

Key numbers explained

• 307,28 USD is the current share price, representing the latest trading value of one LRCX share.
• -1.08% is the price change today, showing the percentage move in the share price during the current trading session.
• 384,51 mld. USD is the market capitalization, the total market value of all outstanding shares, which places Lam Research among the largest companies by market value.
• The trailing P/E ratio of 51,7 compares the current share price to the last 12 months of earnings per share, indicating how much investors pay for each dollar of recent earnings.
• The forward P/E ratio of 26,2 uses expected future earnings, offering a view of valuation based on analyst estimates rather than past results.
• 5,94 USD is the trailing 12-month earnings per share, showing the portion of the company's profit allocated to each outstanding share.
• The dividend yield of 0,42% indicates the annual dividend payment as a percentage of the current share price.
• 18% is the share of earnings paid out as dividends, meaning the company returns a small portion of its profit to shareholders while retaining the rest.
• 1,86 is the beta, a measure of the stock's volatility relative to the overall market; a beta above 1 suggests higher sensitivity to market movements.
• 125,02 – 438,5 is the 52-week price range, showing the lowest and highest share prices over the past year.
• 142,3% is the price change over the last 52 weeks, reflecting the total return from one year ago to the current price.
• 23,23 mld. USD is the trailing 12-month revenue, the total income generated from the company's business activities.
• 30% is the year-over-year revenue growth, showing how much the company's top line has increased compared to the same period a year earlier.
• 31,3% is the profit margin, indicating the percentage of revenue that remains as net income after all expenses.
• 37,4% is the operating margin, reflecting the profitability of the company's core operations before interest and taxes.
• 65,1% is the return on equity, measuring how effectively the company generates profits from shareholders' equity.
• 33% is the debt-to-equity ratio, showing the proportion of debt used relative to the value of shareholders' equity.
• 30,83 is the price-to-book ratio, comparing the market value of the stock to the company's book value per share.

Recent news

Recent headlines highlight the broader semiconductor equipment sector, with articles discussing the potential for chip equipment stocks like Lam Research to benefit from AI-driven demand. One piece notes that while companies like Nvidia and AMD often receive the most attention, equipment makers such as Lam Research may represent the real beneficiaries of the AI cycle. Another headline raises the question of whether the company can achieve its stated goal of mid-40s operating margins, a topic of interest for investors tracking long-term profitability targets.

What to watch

Investors in Lam Research typically monitor semiconductor capital expenditure cycles, as demand for equipment is closely tied to chipmakers' investment in new fabrication capacity. The company's exposure to leading-edge process nodes and its ability to maintain margins amid competitive pressures are also key factors. Broader industry trends, such as the growth of AI-related chip production and geopolitical developments affecting supply chains in the United States, China, Korea, Taiwan, Japan, and Southeast Asia, can influence the stock's performance. For those comparing peers, companies like Applied Materials (AMAT), Teradyne (TER), and Skyworks Solutions (SWKS) operate in adjacent areas of the semiconductor ecosystem.