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Lam Research Corp (DE:LAR0)
NASDAQ:LAR0

Lam Research (LAR0) Price & Analysis

17 Followers

LAR0 Stock Chart & Stats

€274.80
-€29.50(-10.74%)
At close: 4:00 PM EDT
€274.80
-€29.50(-10.74%)

Bulls Say, Bears Say

Bulls Say
Revenue Recovery And GrowthLam’s multi-year revenue rebound demonstrates durable demand for its etch/deposition systems as customers ramp advanced nodes. Sustained top-line growth expands the installed base, strengthening recurring parts/services revenue and supporting long-term cash flows and scale economies.
High Margins And ProfitabilityConsistently elevated gross and net margins reflect strong product differentiation and pricing power in critical wafer‑fab processes. Margin durability supports reinvestment, R&D and returns to shareholders even if unit volumes fluctuate across cycles.
Improving Balance Sheet And Solid Cash GenerationReduced leverage and substantial operating/free cash flow give Lam financial flexibility to fund R&D, capex and shareholder returns. A healthier balance sheet increases resilience to downturns and supports strategic investments without near‑term financing stress.
Bears Say
Cyclicality Tied To Semiconductor CapexLam’s revenues remain materially exposed to semiconductor capital spending cycles. Significant downturns in fab investments can quickly reduce new system orders, slow installed‑base growth and compress future parts/services revenue, making earnings streams less predictable over cycles.
Free Cash Flow VolatilityA sharp FCF decline indicates sensitivity to reinvestment needs and working‑capital swings common in equipment businesses. Volatile cash conversion can constrain consistent buybacks, dividend policy or funding for new initiatives during troughs, raising execution risk over time.
High ROE May Conceal Leverage/cycle RiskExceptionally high ROE signals capital efficiency but can be magnified by leverage and cyclical earnings. In downturns, leverage and rapid profit swings may reverse ROE quickly, so historically high returns may not be fully durable and can mask downside volatility.

Lam Research News

LAR0 FAQ

What was Lam Research Corp’s price range in the past 12 months?
Lam Research Corp lowest stock price was €81.09 and its highest was €381.30 in the past 12 months.
    What is Lam Research Corp’s market cap?
    Lam Research Corp’s market cap is €317.63B.
      When is Lam Research Corp’s upcoming earnings report date?
      Lam Research Corp’s upcoming earnings report date is Oct 21, 2026 which is in 80 days.
        How were Lam Research Corp’s earnings last quarter?
        Lam Research Corp released its earnings results on Jul 29, 2026. The company reported €1.578 earnings per share for the quarter, beating the consensus estimate of €1.462 by €0.115.
          Is Lam Research Corp overvalued?
          According to Wall Street analysts Lam Research Corp’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Lam Research Corp pay dividends?
            Lam Research Corp pays a Quarterly dividend of €0.225 which represents an annual dividend yield of 0.34%. See more information on Lam Research Corp dividends here
              What is Lam Research Corp’s EPS estimate?
              Lam Research Corp’s EPS estimate is 1.87.
                How many shares outstanding does Lam Research Corp have?
                Lam Research Corp has 1,250,571,000 shares outstanding.
                  What happened to Lam Research Corp’s price movement after its last earnings report?
                  Lam Research Corp reported an EPS of €1.578 in its last earnings report, beating expectations of €1.462. Following the earnings report the stock price went up 15.645%.
                    Which hedge fund is a major shareholder of Lam Research Corp?
                    Currently, no hedge funds are holding shares in DE:LAR0
                    What is the TipRanks Smart Score and how is it calculated?
                    Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                      Company Description

                      Lam Research Corp

                      Lam Research Corporation is a prominent supplier of equipment vital for semiconductor processing, encompassing its design, production, sales, repair, and ongoing maintenance. These sophisticated systems are fundamental for the creation of integrated circuits. The company's extensive product catalog features a variety of deposition technologies. For tungsten metallization, they provide ALTUS systems that deposit conformal films. SABRE products excel in electrochemical deposition, crucial for copper interconnect transitions and enabling copper damascene manufacturing. SOLA utilizes ultraviolet thermal processing for film treatments, while VECTOR delivers plasma-enhanced chemical vapor deposition (CVD) and atomic layer deposition (ALD) solutions. Furthermore, SPEED addresses gapfill applications with its high-density plasma CVD products, and Striker is engineered for single-wafer atomic layer deposition of dielectric films. Beyond deposition, Lam Research offers a comprehensive suite of etching tools. Flex is designed for dielectric etch applications, Kiyo handles conductor etch processes, Syndion specializes in through-silicon via etching, and Versys metal products are used for metal etch processes. The company's offerings also extend to specialized solutions like Coronus, which enhances die yield through bevel cleaning. For various wafer cleaning requirements, Lam Research supplies multiple product lines, including Da Vinci, DV-Prime, EOS, and SP series. Additionally, Metryx mass metrology systems provide precise, in-line mass measurement capabilities for semiconductor wafer manufacturing. Lam Research serves the global semiconductor industry, distributing its technologies and services across the United States, China, Europe, Japan, Korea, Southeast Asia, Taiwan, and other international markets. Established in 1980, the company maintains its corporate headquarters in Fremont, California.

                      Lam Research (LAR0) Earnings & Revenues

                      LAR0 Company Deck

                      LAR0 Earnings Call

                      Q4 2026
                      0:00 / 0:00
                      Earnings Call Sentiment|Positive
                      The call emphasized strong top-line growth, record deposits and profitability, rapid product and international expansion (Robinhood Chain, Trump Accounts, banking, credit card, prediction markets), and disciplined expense management. Several notable execution risks and open items remain — most importantly regulatory uncertainty for on‑chain tokenization and U.S. perps, early-stage friction for Agentic Trading, and month-to-month variability in net deposits and crypto activity. On balance, the positive operational and financial momentum along with sizable product and geographic expansion opportunities outweigh the listed challenges.View all DE:LAR0 earnings summaries

                      LAR0 Revenue Breakdown

                      62.33%62.33%37.67%
                      62.33% Systems Revenue
                      37.67% Customer support-related revenue and other
                      tipranks

                      LAR0 Stock 12 Month Forecast

                      Average Price Target

                      €325.00
                      ▲(18.27% Upside)
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<span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 36,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 8, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 1</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":83.38,"date":1756684800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 38,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 11, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 2</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":115.95,"date":1759276800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n         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style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":219.198,"date":1777593600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 31,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 6, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":270.763,"date":1780272000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 46,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 6, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      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