Added to YB: 2026-04-27
Pitch date: 2026-04-23
LRCX [neutral]
Lam Research Corporation
-3%
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
$334.9B
Pitch Price
$267.50
Price Target
N/A
Dividend
0.39%
EV/EBITDA
41.61
P/E
50.58
EV/Sales
15.40
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Lam Research Q1 2026 Snapshot
LRCX (earnings): Q1 rev $5.84B (+23.8% YoY), EPS +40.8% YoY. Gross margin 50%, op margin 35%, net margin 31%. Systems rev +22.9%, customer support record $2B+ (+25.3%). Raised 2026 WFE outlook to $140B from $135B. Q2 guide beat on rev & EPS. Trades 16.2x EV/Sales, 43.5x fwd P/E. FCF $810M but margin down 7.8pts YoY despite earnings surge.
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