Lam Research (LRCX) has seen its stock price climb 22.7% year to date, underperforming the industry's growth of 28.1% while outperforming the S&P 500 index's rise of 17.1%. A challenging global macroeconomic environment due to rising geo-political tensions and persistent inflation are major concerns for the leading global supplier of innovative wafer fabrication equipment. Image Source: Zacks Investment Research The company's strength in deposition and etch, core competencies in areas such as nanoscale appl ...

The the stock of semiconductor equipment maker has fallen by 4.62% in the past month, lagging the Computer and Technology sector's gain of 0.47% and the S&P 500's gain of 1.96%. It is also important to note the recent changes to analyst estimates for Lam Research. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits. Rangi ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Lam Research (LRCX) . Lam Research currently has an average brokerage recommendation (ABR) of ...

"As the criticality of semiconductors increases, the importance of Lam's technologies continues to accelerate," said Harter. "I look forward to working closely with our legal team to advance and protect Lam innovation as we ethically and responsibly serve our customers around the world." Company Contacts Harter most recently served as executive vice president and chief legal officer at Whirlpool Corporation where she held enterprise-wide responsibility for global legal matters, as well as security and claim ...

Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions. Lam Research (LRCX) closed the most recent trading day at $1,069.11, moving -0.07% from the previous trading session. The stock trailed the S&P 500, which registered a daily gain of 0.28%. Elsewhere, the Dow saw an upswing of 0.53%, while the tech-heavy Nasdaq appreciated by 0.4%. The the stock of semiconductor equipment maker has risen by 3.27% in the past month, lagging the Comput ...

What's Driving the Outperformance? For the current fiscal year, Lam Research is expected to post earnings of $35.29 per share on $14.84 billion in revenues. Meanwhile, for the next fiscal year, the company is expected to earn $44.17 per share on $17.16 billion in revenues. This represents a year-over-year change of 18.96% and 15.62%, respectively. Lam Research may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics ...

We're reaffirming our buy-rating on Lam Research Corporation (NASDAQ:LRCX) ahead of its fourth quarter of FY2024 results at the end of the month, scheduled for July 31st. The stock has outperformed the S&P 500 (SP500) by 37% since our upgrade to buy in late November last year, as shown in our rating history chart below. We expect more material outperformance for LRCX in FY25 due to the recovery of wafer fabrication equipment spend or WFE in the back end of the year and in 2025, specifically memory WFE spend ...

FREMONT, Calif., July 10, 2024 /PRNewswire/ -- Lam Research Corp. (NASDAQ: LRCX) today announced that the company will host its quarterly financial conference call and webcast on Wednesday, July 31, 2024, beginning at 2:00 p.m. Pacific Daylight Time (5:00 p.m. Eastern Daylight Time). Replay Information: A webcast replay will be available on the Lam Research website approximately three hours after the conference call concludes. Lam Research Corporation (NASDAQ: LRCX) is a global supplier of innovative wafer ...

H 1 T I I t I t 0 = l 1 l i n a m Sundry Photography VAL Lam Research Corp (LRCX) Price 1056.78 1075.00 1025.00 1000.00 Jun 25 Jun 26 Jun 21 Jun 27 Seeking AlphaQ Jun 27, 2024, 5:40 PM EDT Powered by YC H A R T S Data by Y Charts This article will diseuss what to expect from the company in the near term, its long-term growth drivers, and its valuation. It will also discuss a few risks and why, despi the risks, I still rate Lam a Buy. The following chart shows that Lam has lagged behind the returns of the Va ...

The company's upbeat guidance has attracted several fans on Wall Street. The stock is currently rated as a "strong buy" with a projected 6% upside. The highest price target of $200 per share implies that TSM stock can gain an additional 19%. Micron Technology (MU) Source: Charles Knowles / Shutterstock.com Micron Technology (NASDAQ:MU) is another semiconductor stock that has comfortably outperformed the stock market. Shares are up by 69% year-to-date and have gained 260% over the past five years. The $154 b ...