Lam Research Stock Trades at Low P/E: Should You Buy, Sell or Hold?

Key Takeaways Lam Research trades at a 22.33 forward P/E, below industry and key peers like KLAC and ASML.LRCX's revenues jumped 34% to $5.17B in Q4 2025, with EPS surging 64% year over year.China made up 34% of LRCX revenues, down from 42%, amid trade tensions and export curbs.Lam Research Corporation (LRCX) , a leader in semiconductor fabrication equipment, currently trades at a forward 12-month price-to-earnings (P/E) ratio of 22.32, significantly lower than the Zacks Electronics – Semiconductors industr ...