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Lam Research Corporation: Wonderful Company, But The Price Needs To Come Back To Earth [Seeking Alpha]
Last lam research corporation earnings: 4/22 04:05 pm
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US:NASDAQ Investor Relations: investor.lamresearch.com
LRCX benefits from secular AI-driven capex growth, robust financials, and a strong management team with rising ROIC and ROE. Risks include intense competition, export controls—especially with China exposure—and sensitivity to capex cycles and macro shocks. I rate LRCX a sell due to overvaluation; patient investors should wait for a pullback to the price levels I illustrated in my valuation analysis before accumulating. gorodenkoff/iStock via Getty Images My Investment Thesis Lam Research is one of the world's key “picks-and-shovels” suppliers to advanced semiconductor manufacturing. The investment debate, in my opinion, is not whether Lam is a high-quality company (it is), but whether the current valuation already discounts an unusually 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 mys
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NEWS
NEWS
- Lam Research Corp. (LRCX) Targets Growth in Foundry and Logic Markets [Yahoo! Finance][Yahoo! Finance]
- Lam Research BESI Talks Highlight Push Into Advanced Packaging Content [Yahoo! Finance][Yahoo! Finance]
- HP Enterprise confirms memory shortage will last longer than expected [Yahoo! Finance][Yahoo! Finance]
- Exclusive-BESI attracts takeover interest as advanced chip packaging demand surges, sources say [Yahoo! Finance][Yahoo! Finance]
- Eleven U.S. semiconductor stocks showing strength [Globe and Mail, The (Toronto, Canada)][Globe and Mail, The]
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LRCX
SEC Filings
SEC Filings
- 3/11/26 - Form 4
- 3/10/26 - Form 3
- 3/5/26 - Form 4
- LRCX's page on the SEC website
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