← AI Companies
USA Nasdaq USD

Lam Research Corporation is a leading supplier of wafer fabrication equipment and services to the semiconductor industry, critical for manufacturing AI chips and GPUs.

Snapshot
Country USA USA
ExchangeNasdaq
AI Layer chips
Category 2.50 Semiconductor Capital Equipment & EDA
Sentiment 67.5%
USD Mkt Cap373.17B
USD Revenue23.23B
USD Net Income7.27B
P/E51.77
fwd P/E25.59
PEG1.47
Price 3M-18.7%
Price 6M+42.1%
Price 1Y+159.1%
Price 2Y+309.9%
USD Share Price301.53
Price History
Price & Size
Price 298.22 USD
Market Cap 373.17B USD
Shares Outstanding 1.25B
Shares Float 1.25B
52w Low 117.03 USD
52w High 438.50 USD
Avg Volume 10.89M
Valuation
P/E (trailing) 51.8x
P/E (forward) 25.6x
P/B 29.92x
Enterprise Value 371.71B USD
Book Value / Share 9.97 USD
PEG Ratio 1.47x
P/S 16.06x
EV / Revenue 16.00x
EV / EBITDA 43.02x
Income
Revenue 23.23B USD
Revenue / Share 18.51 USD
EBITDA 8.64B USD
Net Income 7.27B USD
EPS (trailing) 5.76 USD
EPS (forward) 11.65 USD
Margins & Profitability
Gross Margin 50.5%
Operating Margin 37.4%
Profit Margin 31.3%
EBITDA Margin 37.2%
Return on Equity 65.1%
Return on Assets 22.8%
Growth
Revenue Growth 30.0%
Earnings Growth 34.8%
Cash & Debt
Total Cash 5.58B USD
Total Debt 4.12B USD
Free Cash Flow 3.09B USD
Operating Cash Flow 5.86B USD
Debt / Equity 0.33x
Current Ratio 2.63x
Quick Ratio 1.84x
Dividend
Rate 1.32 USD
Yield 0.4%
Payout Ratio 18.1%
Ex-Date 2026-09-23
Risk
Beta 1.86
Analyst Consensus
Target (Mean) 373.13 USD
Target (Median) 380.00 USD
Target (High) 500.00 USD
Target (Low) 290.00 USD
Recommendation strong_buy
# Analysts 31
Identifiers
ISINUS5128073062
CUSIP512807108
FIGIBBG000BNFLM9
SEDOL2502247
Sentiment 67.5%
Positive drivers

Robust demand for advanced semiconductor equipment driven by AI chip production ramps at major foundries boosted investor optimism. Lam Research reported stronger-than-expected orders in its latest quarterly update reflecting sustained capex in logic and memory segments. Analyst upgrades highlighted the company's leadership in etch and deposition technologies critical for next-gen nodes.

Neutral / mixed

Broader semiconductor cycle uncertainties and potential inventory adjustments created mixed signals among investors. Geopolitical tensions around export controls to China remained a watch item without immediate new escalations during the period. Valuation multiples stayed elevated but aligned with sector peers amid ongoing AI-related growth narratives.

Negative drivers

Macroeconomic concerns over slowing consumer electronics demand weighed on near-term visibility for some product lines. Increased competition from domestic Chinese equipment suppliers introduced margin pressure risks in certain markets. Recent sector-wide volatility from interest rate speculation contributed to short-term share price fluctuations.

Bottom line

Overall sentiment for Lam Research remains moderately positive supported by AI-driven tailwinds despite lingering cyclical and macro risks. The 30-day window reflects a constructive but cautious outlook typical of the equipment space.