Lam Research Corp (LRCX) Stock Analysis — PE Ratio, PS Ratio, Intrinsic Value & 2030 Price Target
Lam Research Corp stock (LRCX) is currently trading at $233.45. Lam Research Corp PE ratio is 49.04. Lam Research Corp PS ratio (Price-to-Sales) is 14.59. Analyst consensus price target for LRCX is $274.90. WallStSmart rates LRCX as Moderate Buy.
Lam Research Corp (LRCX) stock price prediction for 2030: Base case $107.50. Bull case $134.38. Bear case $80.63. See full LRCX 2030 price forecast and methodology on WallStSmart.
- LRCX PE ratio analysis and historical PE chart
- LRCX PS ratio (Price-to-Sales) history and trend
- LRCX intrinsic value — DCF, Graham Number, EPV models
- LRCX stock price prediction 2025 2026 2027 2028 2029 2030
- LRCX fair value vs current price
- LRCX insider transactions and insider buying
- Is LRCX undervalued or overvalued?
- Lam Research Corp financial analysis — revenue, earnings, cash flow
- LRCX Piotroski F-Score and Altman Z-Score
- LRCX analyst price target and Smart Rating
Lam Research Corp
📊 No data available
Try selecting a different time range
LRCX Intrinsic Value Analysis for Value Investors
Benjamin Graham Formula · Lam Research Corp (LRCX)
LRCX trades at a modest 2% premium above its Graham fair value of $227.92. Consider waiting for a pullback.
Based on Benjamin Graham Formula. Growth rate capped at 25%. For informational purposes only. Not financial advice.
Smart Analysis
Lam Research Corp (LRCX) · 10 metrics scored
Smart Score
Category Performance
WallStSmart pulls financial metrics like revenue growth, profit margins, and valuation ratios and scores each one from 0 to 10 based on how strong or weak it is. Those 10 scores are grouped into 4 categories: Growth, Profitability, Valuation, and Quality — which form the 4 axes of the spider chart you see. The categories are then combined into a final score out of 100, but not equally. Growth and Profitability together count for 60% of the total, because a fast-growing profitable business matters more than just a cheap one. That final number maps to a rating (Strong Buy, Buy, Hold, Avoid) and a letter grade, giving you one clear Stock Rating.
Investment Thesis
Strong fundamentals in market cap, return on equity, operating margin. Concerns around price/sales and price/book. Overall metrics suggest strong investment potential with favorable risk/reward.
Lam Research Corp (LRCX) Key Strengths (7)
Mega-cap company, among the largest in the world
Every $100 of shareholder equity generates $66 in profit
Keeps $34 of every $100 in revenue after operating costs
Earnings per share surging 37.00% year-over-year
Keeps $30 of every $100 in revenue as net profit
88.79% of shares held by major funds and institutions
Strong revenue growth at 22.10% annually
Supporting Valuation Data
Lam Research Corp (LRCX) Areas to Watch (3)
Very expensive at 14.6x annual revenue
Very expensive at 28.1x book value
Growth is fairly priced, not cheap, not expensive
Supporting Valuation Data
Lam Research Corp (LRCX) Detailed Analysis Report
Overall Assessment
This company scores 74/100 in our Smart Analysis, earning a B grade. Out of 10 metrics analyzed, 7 register as strengths (avg 9.7/10) while 3 fall into concern territory (avg 3.3/10). The category breakdown reveals uneven performance, with some areas requiring attention.
The Bull Case
The strongest argument centers on Market Cap, Return on Equity, Operating Margin. Profitability is solid with Return on Equity at 65.60%, Operating Margin at 33.90%, Profit Margin at 30.20%. Growth metrics are encouraging with Revenue Growth at 22.10%, EPS Growth at 37.00%.
The Bear Case
The primary concerns are Price/Sales, Price/Book, PEG Ratio. Some valuation metrics including PEG Ratio (1.64), Price/Sales (14.59), Price/Book (28.11) suggest expensive pricing.
Key Dynamics to Monitor
Three factors to monitor going forward. First, whether Price/Sales improves, as this is the primary drag on the overall score. Second, margin trajectory, with Return on Equity at 65.60% currently healthy but needing to be sustained. Third, growth sustainability, with Revenue Growth at 22.10% strong but requiring continuation.
Risk Considerations
Based on the metric profile, this is a moderate risk investment. The weight of evidence leans positive, with more strengths than concerns. Investors should size positions according to their risk tolerance and maintain diversification.
Bottom Line
The combination of Market Cap and Return on Equity makes a compelling case at current levels. The key risk is Price/Sales, but the overall fundamental picture is positive with a clear path to maintaining or improving the current B grade.
Disclaimer: Smart Analysis is a scoring system developed by WallStSmart Team. Scores update daily using multi-model valuation framework. Always conduct your own research and consult with financial advisors before making investment decisions.
LRCX Price-to-Sales(PS) Ratio Chart
Historical valuation based on market cap ÷ trailing 12-month revenue
LRCX's Price-to-Sales ratio of 14.59x trades 43% below its historical average of 25.69x (7th percentile). The current valuation is 68% below its historical high of 45x set in Nov 2017, and 27% above its historical low of 11.48x in Nov 2008. Over the past 12 months, the PS ratio has expanded from ~13.1x, reflecting growing market expectations outpacing revenue growth.
Compare LRCX with Competitors
Top SEMICONDUCTOR EQUIPMENT & MATERIALS stocks by market cap
Compare any two stocks →WallStSmart Analysis Synopsis
Data-driven financial summary for Lam Research Corp (LRCX) · TECHNOLOGY › SEMICONDUCTOR EQUIPMENT & MATERIALS
The Big Picture
Lam Research Corp is a strong growth company balancing expansion with improving profitability. Revenue reached 20.6B with 22% growth year-over-year. Profit margins are strong at 30.2%, reflecting pricing power and operational efficiency.
Key Findings
ROE of 6560.0% means the company generates strong returns on shareholder equity. Above 20% is considered top-tier.
Profit margin of 30.2% and operating margin of 33.9% demonstrate strong pricing power and operational efficiency.
What to Watch Next
Growth sustainability: can Lam Research Corp maintain 22%+ revenue growth, or will competition slow it down?
Volatility is elevated with a beta of 1.79, so expect amplified moves relative to the broader market.
Sector dynamics: monitor SEMICONDUCTOR EQUIPMENT & MATERIALS industry trends, competitive moves, and regulatory changes that could impact Lam Research Corp.
Bottom Line
Lam Research Corp offers an attractive blend of growth (22% revenue expansion) and improving fundamentals. The company is transitioning from pure growth to profitable growth, a critical inflection point. Watch for sustained margin expansion as the key signal.
This synopsis is generated from publicly available financial data. It is not financial advice. Always conduct your own research and consult a qualified financial advisor before making investment decisions.
Insider Transactions
Loading insider activity...
About Lam Research Corp(LRCX)
NASDAQ
TECHNOLOGY
SEMICONDUCTOR EQUIPMENT & MATE...
USA
Lam Research Corporation is an American corporation that engages in the design, manufacture, marketing, and service of semiconductor processing equipment used in the fabrication of integrated circuits. Its products are used primarily in front-end wafer processing, which involves the steps that create the active components of semiconductor devices (transistors, capacitors) and their wiring (interconnects). The company also builds equipment for back-end wafer-level packaging (WLP), and for related manufacturing markets such as for microelectromechanical systems (MEMS). The company is headquartered in Fremont, California, in the Silicon Valley.