Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits.
Lam Research stock last closed at $912.07, down 3.27% from the previous day, and has increased 58.87% in one year. It has overperformed other stocks in the Semiconductor Equipment & Materials industry by 0.13 percentage points. Lam Research stock is currently +63.04% from its 52-week low of $559.41, and -9.46% from its 52-week high of $1,007.39.
At the moment, there are 130.74M shares of LRCX outstanding. The market capitalization of LRCX is $119.24B. In the last 24 hours, 909,470 LRCX shares were traded.
How to Buy Lam Research Stock
Not sure how to invest in Lam Research stock? Here's how.
Decide where to buy Lam Research stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you choose where to buy Lam Research stock.
Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
Put funds into your investment account: Pick your method of payment and add your details.
Research Lam Research stock: The Lam Research ticker symbol is LRCX. Is Lam Research stock a good investment? Should you buy shares of LRCX? How do LRCX's underlying business fundamentals look? Do top analysts think Lam Research is a good buy? Why has LRCX's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if LRCX is a good stock to buy).
Execute your LRCX buy order: Decide if you will purchase LRCX shares at the current market price or use a limit order to buy LRCX stock at a given price.
Get the latest scoop on your LRCX position: Create a watchlist to monitor your new investment in Lam Research stock.
Step 1: Decide where to buy Lam Research stock
You need an online brokerage account to access the NASDAQ market and buy LRCX stock.
A brokerage account allows you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.
Our favorite brokerage: eToro
In our opinion, eToro is the best stock brokerage. Here's why:
Invest in stocks with 0% commissions: Invest without paying trading commissions.
Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
Access to global financial markets: From Technology to Real Estate, New York to London — you can fill your portfolio with stocks from the globe's leading exchanges.
Social investing: eToro has a community with more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of other investors.
Security: eToro is a regulated and licensed brokerage platform.
Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your purchase of shares by signing up for an account with eToro now.
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.
Step 2: Create a brokerage account
Now that you've picked the best brokerage, it's time to fill out some personal info so you are able to invest in LRCX today.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Step 4: Research Lam Research stock
After you have chosen the best place to buy Lam Research stock, it's absolutely critical to research their stock before you buy, so you actually wrap your head around the risk and upside.
Lam Research Numbers
LRCX Price
$912.07
1w %
-0.37%
1y %
58.87%
5y %
369.75%
P/E
33.36x
P/B
14.86x
P/S
8.38x
PEG
1.33x
Revenue
$14.24B
Earnings
$3.61B
Fore. Rev. Growth
10.22%
Fore. Earn. Growth
27.87%
Market Cap
$119.24B
Next Earnings
N/A
Next Dividend
Jul 10, 2024
LRCX Due Diligence Checks
WallStreetZen was designed to help average investors perform more accurate fundamental analysis.
There are more short-term assets than long-term liabilities on the LRCX balance sheet.
Total LRCX debt is lower than 5 years ago, relative to shareholder equity.
There are more short-term assets than short-term liabilities on the LRCX balance sheet.
LRCX's operating cash flow of $4.91B allows it to safely service it's debt of $4.98B.
LRCX earnings of $4.07B is not sufficient to cover its interest payments.
Negative Health Checks:
LRCX profit margin has gone down from 26.1% to 25.3% in the past year.
LRCX has a relatively high debt to equity ratio of 1.28.
Is LRCX stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 17 Equities analysts who give ratings on LRCX, the consensus analyst rating on Lam Research is a Strong Buy
Please note that analyst ratings are not recommendations, nor are they investment advice.
Most Recent LRCX Analyst Forecasts
C J Muse, a top 2% analyst from Cantor Fitzgerald reiterates LRCX with a hold rating and maintains their LRCX price target from $1,100.00 to $1,100.00, on Apr 25, 2024.
Charles Shi, a top 4% analyst from Needham reiterates LRCX with a buy rating and maintains their LRCX price target from $1,030.00 to $1,030.00, on Apr 25, 2024.
Mehdi Hosseini, a top 17% analyst from Susquehanna maintains LRCX with a hold rating and lowers their LRCX price target from $880.00 to $850.00, on Apr 25, 2024.
Vijay Rakesh, a top 1% analyst from Mizuho maintains LRCX with a strong buy rating and raises their LRCX price target from $935.00 to $960.00, on Apr 25, 2024.
Brian Chin, a top 7% analyst from Stifel Nicolaus maintains LRCX with a strong buy rating and raises their LRCX price target from $950.00 to $1,050.00, on Apr 16, 2024.
Last year, LRCX earnings were $3.61B. During the last 5 year, LRCX's earnings have gone up by 9.9% per year. This was slower than the Semiconductor Equipment & Materials industry average of 18.84%.
Last year, LRCX revenue was $14.24B. Over the past 5 year, LRCX's revenue has increased by 6.45% per year. This was slower than the Semiconductor Equipment & Materials industry average of 14.46%.
Lam Research pays a dividend of 0.85%, compared to the Semiconductor Equipment & Materials industry's average dividend yield of 0.84%. If you owned $1,000 of LRCX stock, you would have been paid $8.47 in the past year.
Lam Research dividend payments have consistently grown over the past decade and have remained stable.
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Execute your LRCX buy order
There are two primary options:
Market order: A market order is an order to buy or sell a security at the best possible price. Market orders are generally the easiest way to buy.
Limit order: A limit order allows you to buy or sell a security at a specific price (or better). If you want to ensure you're buying or selling at a particular price, place a limit order.
Press the Open Trade button and eToro will execute the order.
If you need additional info about investing in stocks on eToro, watch the how to video below:
How much does it cost to buy one Lam Research share?
As of May 17, 2024, it costs $912.07 to buy one share of Lam Research stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.11 shares of LRCX.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.