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How to Buy Lam Research Stock

Lam Research Corp

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 $942.04, up 3.29% from the previous day, and has increased 61.01% in one year. It has overperformed other stocks in the Semiconductor Equipment & Materials industry by 0.15 percentage points. Lam Research stock is currently +68.4% from its 52-week low of $559.41, and -6.49% 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 $123.16B. In the last 24 hours, 647,542 LRCX shares were traded.

How to Buy Lam Research Stock

Not sure how to invest in Lam Research stock? Here's how.
  1. 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.
  2. Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Put funds into your investment account: Pick your method of payment and add your details.
  4. 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).
  5. 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.
  6. 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.

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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.

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Step 3: Put funds into your investment account

Now that you have created your account on the stock trading app, your next step is to transfer the money for your investment:

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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
$942.04
1w %
4.23%
1y %
61.01%
5y %
412.9%
P/E
34.46x
P/B
15.35x
P/S
8.65x
PEG
1.37x
Revenue
$14.24B
Earnings
$3.61B
Fore. Rev. Growth
10.22%
Fore. Earn. Growth
27.87%
Market Cap
$123.16B
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.

You can view all of the due diligence checks on LRCX's stock page.

How is LRCX stock valued?

Investors use many financial metrics, analyses, models, and charts to gauge LRCX's fair value.

Using relative valuations metrics:

  • LRCX may be undervalued based on its P/E ratio of 34.46x, relative to Semiconductor Equipment & Materials industry P/E ratio of 38.62x
  • LRCX may be overvalued based on its P/B ratio of 15.35x, relative to Semiconductor Equipment & Materials industry P/B ratio of 12.22x
  • LRCX could be overvalued based on its PEG ratio of 1.37x

You can do more valuation research on LRCX's stock here.

LRCX Financial Health

Positive Health Checks:

  • 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 6% 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.

You can dig deeper into what analysts are forecasting on the Lam Research stock forecast page.

LRCX Trading Indicators

SMA10
921.22
SMA20
910.97
SMA50
932.9
SMA100
893.89
SMA200
781.58
MACD
1.18
MACD Signal
-3.72
MACD Histogram
4.91
RSI
54.79
Stochastic %K
75.55
Stochastic %D
80.25
StochRSI %K
77.43
StochRSI %D
83.77

How are LRCX Revenues/Earnings doing?

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 18.8%.

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 14.42%.

Dive into LRCX's earnings and revenue performance here.

Who is buying/selling LRCX?

Over the past year, executives and large shareholders at LRCX have sold more shares than they have bought.

George M. Schisler, Chief Legal Officer of LRCX, was the latest LRCX insider to sell. They sold $363,284.00 worth of LRCX stock on May 3, 2024.

Research more about who owns LRCX shares here.

Does LRCX stock generate passive income?

Lam Research pays a dividend of 0.82%, compared to the Semiconductor Equipment & Materials industry's average dividend yield of 0.82%. If you owned $1,000 of LRCX stock, you would have been paid $8.20 in the past year.

Lam Research dividend payments have consistently grown over the past decade and have remained stable.

Find more info about Lam Research dividend yield and history here.

What others are saying about LRCX

One of the reasons eToro is our highest-rated brokerage is because of its social trading community.

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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.

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Step 6: Get the latest scoop on your LRCX position

Now that you own some shares in LRCX, you'll want to keep up with your new investment.

Create a watchlist to monitor your LRCX stock.

LRCX Feed

How to Buy Stock in Lam Research

To reiterate, here are the 6 steps to buy Lam Research stock:

  1. Decide where to buy Lam Research stock
  2. Create a brokerage account
  3. Put funds into your investment account
  4. Research Lam Research stock
  5. Execute your LRCX buy order
  6. Get the latest scoop on your LRCX position

If you require a brokerage account, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get the latest scoop on your investment in Lam Research, add LRCX to your watchlist below.

NASDAQ: LRCX
$942.04+29.97 (+3.29%)
Updated May 20, 2024
Open eToro Account
NASDAQ: LRCX
$942.04+29.97 (+3.29%)
Updated May 20, 2024
Open eToro Account

FAQ

How much does it cost to buy one Lam Research share?

As of May 20, 2024, it costs $942.04 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 0.106 shares of LRCX.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Lam Research stock?

According to 17 Wall Street analysts who monitor Lam Research, their consensus recommendation is to buy Lam Research stock.

What is the best way to buy Lam Research stock?

One way to place an order for Lam Research stock is with a brokerage account.
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.