Added to YB: 2026-02-06
Pitch date: 2026-02-04
LRCX [neutral]
Lam Research Corporation
+14.06%
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
$208.13
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's Second Quarter Fiscal 2026 Financial Results: Key Takeaways
LRCX (earnings): Q2 FY26 rev $5.34B (+22% YOY) beat est. $5.21B; EPS $1.27 vs est. $1.16. Foundry 59% of systems (TSMC driving), DRAM record 23%, NAND weak 11%. China rev fell to 35% from 43%. Q3 guide $5.7B±$300M vs ~$5.2B est. WFE $13.5B 2026 (+23%). Adv packaging >40% growth, GAA/HBM4 ramps. Margins pressured by customer mix.
Read full article (11 min)