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How to buy Lam Research stock

Learn how to easily invest in Lam Research stock.

Lam Research Corp
NASDAQ: LRCX - USD
$376.70
+ $5.26 ( + 1.42%)
SEMICONDUCTOR EQUIPMENT & MATERIALS

Lam Research Corp is a semiconductor equipment & materials business based in the US. Lam Research shares (LRCX) are listed on the NASDAQ and all prices are listed in US Dollars. Lam Research employs 17,700 staff and has a trailing 12-month revenue of around $17.2 billion.

How to buy shares in Lam Research

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – LRCX – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.
Client disclaimer: US Brokerage services through eToro USA Securities Inc, member of FINRA, SIPC. Crypto assets through eToro USA LLC.

Lam Research stock price (NASDAQ: LRCX)

Use our graph to track the performance of LRCX stocks over time.

Lam Research shares at a glance

Information last updated 2022-09-25.
Latest market close$371.44
52-week range$373.58 - $724.26
50-day moving average $459.61
200-day moving average $520.46
Wall St. target price$559.36
PE ratio 11.6202
Dividend yield $6 (1.73%)
Earnings per share (TTM) $32.75

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Lam Research stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Lam Research price performance over time

Historical closes compared with the close of $371.44 from 2022-09-26

1 week (2022-09-20) -7.92%
1 month (2022-08-24) N/A
3 months (2022-06-24) -17.49%
6 months (2022-03-25) -33.05%
1 year (2021-09-28) -36.61%
2 years (2020-09-28) 10.35%
3 years (2019-09-27) 61.44%
5 years (2017-09-27) 107.06%

Is Lam Research stock undervalued or overvalued?

Valuing Lam Research stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Lam Research's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Lam Research's P/E ratio

Lam Research's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 12x. In other words, Lam Research shares trade at around 12x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Lam Research's PEG ratio

Lam Research's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.9285. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Lam Research's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Lam Research's EBITDA

Lam Research's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $5.7 billion.

The EBITDA is a measure of a Lam Research's overall financial performance and is widely used to measure a its profitability.

Lam Research financials

Revenue TTM $17.2 billion
Operating margin TTM 31.24%
Gross profit TTM $7.9 billion
Return on assets TTM 20.33%
Return on equity TTM 74.85%
Profit margin 26.73%
Book value $45.84
Market capitalisation $52.1 billion

TTM: trailing 12 months

Lam Research's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Lam Research.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Lam Research's total ESG risk score

Total ESG risk: 14.47

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Lam Research's overall score of 14.47 (as at 12/31/2018) is excellent – landing it in it in the 12nd percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Lam Research is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Lam Research's environmental score

Environmental score: 1.19/100

Lam Research's environmental score of 1.19 puts it squarely in the 1st percentile of companies rated in the same sector. This could suggest that Lam Research is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Lam Research's social score

Social score: 4.84/100

Lam Research's social score of 4.84 puts it squarely in the 1st percentile of companies rated in the same sector. This could suggest that Lam Research is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Lam Research's governance score

Governance score: 5.44/100

Lam Research's governance score puts it squarely in the 1st percentile of companies rated in the same sector. That could suggest that Lam Research is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Environmental, social, and governance (ESG) summary

Lam Research Corp was last rated for ESG on: 2019-01-01.

Total ESG score 14.47
Total ESG percentile 11.54
Environmental score 1.19
Environmental score percentile 1
Social score 4.84
Social score percentile 1
Governance score 5.44
Governance score percentile 1

Lam Research share dividends

19%

Dividend payout ratio: 18.8% of net profits

Recently Lam Research has paid out, on average, around 18.8% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.73% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Lam Research shareholders could enjoy a 1.73% return on their shares, in the form of dividend payments. In Lam Research's case, that would currently equate to about $6 per share.

While Lam Research's payout ratio might seem low, this can signify that Lam Research is investing more in its future growth.

Lam Research's most recent dividend payout was on 4 October 2022. The latest dividend was paid out to all shareholders who bought their shares by 12 September 2022 (the "ex-dividend date").

Have Lam Research's shares ever split?

Lam Research's shares were split on a 3:1 basis on 16 March 2000. So if you had owned 1 share the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Lam Research shares – just the quantity. However, indirectly, the new 66.7% lower share price could have impacted the market appetite for Lam Research shares which in turn could have impacted Lam Research's share price.

Lam Research share price volatility

Over the last 12 months, Lam Research's shares have ranged in value from as little as $373.58 up to $724.2571. A popular way to gauge a stock's volatility is its "beta".

LRCX.US volatility(beta: 1.37)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Lam Research's is 1.3688. This would suggest that Lam Research's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Lam Research overview

Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. The company offers ALTUS systems to deposit conformal films for tungsten metallization applications; SABRE electrochemical deposition products for copper interconnect transition that offers copper damascene manufacturing; SOLA ultraviolet thermal processing products for film treatments; and VECTOR plasma-enhanced CVD ALD products. It also provides SPEED gapfill high-density plasma chemical vapor deposition products; and Striker single-wafer atomic layer deposition products for dielectric film solutions. In addition, the company offers Flex for dielectric etch applications; Kiyo for conductor etch applications; Syndion for through-silicon via etch applications; and Versys metal products for metal etch processes. Further, it provides Coronus bevel clean products to enhance die yield; Da Vinci, DV-Prime, EOS, and SP series products to address various wafer cleaning applications; and Metryx mass metrology systems for high precision in-line mass measurement in semiconductor wafer manufacturing. The company sells its products and services to semiconductors industry in the United States, China, Europe, Japan, Korea, Southeast Asia, Taiwan, and internationally. Lam Research Corporation was incorporated in 1980 and is headquartered in Fremont, California.

Frequently asked questions

What percentage of Lam Research is owned by insiders or institutions?
Currently 0.223% of Lam Research shares are held by insiders and 84.426% by institutions.
How many people work for Lam Research?
Latest data suggests 17,700 work at Lam Research.
When does the fiscal year end for Lam Research?
Lam Research's fiscal year ends in June.
Where is Lam Research based?
Lam Research's address is: 4650 Cushing Parkway, Fremont, CA, United States, 94538
What is Lam Research's ISIN number?
Lam Research's international securities identification number is: US5128071082
What is Lam Research's CUSIP number?
Lam Research's Committee on Uniform Securities Identification Procedures number is: 512807108

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