Added to YB: 2026-03-24
Pitch date: 2026-03-21
LRCX [bullish]
Lam Research Corporation
+1.27%
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
$285.2B
Pitch Price
$230.39
Price Target
274.90 (+18%)
Dividend
0.46%
EV/EBITDA
37.70
P/E
46.87
EV/Sales
13.79
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Betting the Chip Cycle Doesn't Break in 28 Days - Lam Research Corporation
LRCX: Trader sold 1,700 puts at $185 strike (19.6% OTM), exp 4/17/26, collecting $535K premium. Breakeven $181.85 = stock must drop >21% in 28 days to lose. Q2 rev $5.34B beat est $5.21B, EPS $1.27 vs $1.16. Q3 guide $5.7B. Earnings 4/22 post-expiry. Consensus PT $274.90 (+19%). AI capex driving semi demand.
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