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Stock impact report

Lam Research: Don't Chase The Stock (Rating Downgrade) [Seeking Alpha]

Lam Research Corporation (LRCX) 
Last lam research corporation earnings: 4/22 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.lamresearch.com
Company Research Source: Seeking Alpha
Reliance on China has grown to 35% of revenues, heightening geopolitical and regulatory risks that could impact future performance. Profitability metrics are impressive: gross margin rose to 49.7% and operating margin to 34.3% YoY, with significant EPS growth and increased shareholder returns. I downgrade Lam Research to hold, as the P/E ratio has surged to 49.85, far above its 3-year median, leaving little room for further upside. xiao zhou/iStock via Getty Images In late November 2025, I provided an update for Lam Research Corporation ( LRCX ), and in that article, I downgraded the stock from a strong buy to just a buy. Despite strong results, guidance was slightly soft, China risks were present, and the valuation This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses m Show less Read more
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