Added to YB: 2025-08-05
Pitch date: 2025-08-03
LRCX [bullish]
Lam Research Corporation
+220.73%
current return
Author Info
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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
$368.6B
Pitch Price
$96.84
Price Target
134.00 (-56%)
Dividend
0.35%
EV/EBITDA
42.45
P/E
51.15
EV/Sales
15.79
Sector
Semiconductors and Semiconductor Equipment
Category
growth
An ROIC Above 50%, Rule of 50, and 99% of FCF Returned - I Adore this Business - Lam Research Corporation
LRCX: Semiconductor equipment leader with moat in 3 key techs (deposition, etching, cleaning) targeting $134 by 2027 (40% upside). 14% rev CAGR, 24% EPS CAGR since 2013. 35% ROIC, 54% ROE, 29% FCF margin. Mgmt returns 99% FCF to shareholders. China exposure (35% of rev) creates near-term risk.
Read full article (15 min)