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Upturn AI SWOT - About
Lam Research Corp (LRCX)
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Upturn Advisory Summary
05/27/2025: LRCX (2-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit 45.66% | Avg. Invested days 55 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  5.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 05/27/2025 |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 107.37B USD | Price to earnings Ratio 22.56 | 1Y Target Price 90.27 |
Price to earnings Ratio 22.56 | 1Y Target Price 90.27 | ||
Volume (30-day avg) 10931919 | Beta 1.65 | 52 Weeks Range 56.32 - 111.97 | Updated Date 05/28/2025 |
52 Weeks Range 56.32 - 111.97 | Updated Date 05/28/2025 | ||
Dividends yield (FY) 1.13% | Basic EPS (TTM) 3.72 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 27.19% | Operating Margin (TTM) 33.09% |
Management Effectiveness
Return on Assets (TTM) 17.29% | Return on Equity (TTM) 53.14% |
Valuation
Trailing PE 22.56 | Forward PE 18.59 | Enterprise Value 102718927080 | Price to Sales(TTM) 6.27 |
Enterprise Value 102718927080 | Price to Sales(TTM) 6.27 | ||
Enterprise Value to Revenue 5.99 | Enterprise Value to EBITDA 17.43 | Shares Outstanding 1279120000 | Shares Floating 1274385263 |
Shares Outstanding 1279120000 | Shares Floating 1274385263 | ||
Percent Insiders 0.29 | Percent Institutions 87.22 |
Analyst Ratings
Rating 4.36 | Target Price 89.77 | Buy 5 | Strong Buy 20 |
Buy 5 | Strong Buy 20 | ||
Hold 8 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Lam Research Corp
Company Overview
History and Background
Lam Research was founded in 1980 by David Lam. It has grown from a small company focused on plasma etching to a major global supplier of wafer fabrication equipment and services for the semiconductor industry. Key milestones include its IPO in 1984 and numerous acquisitions to expand its product portfolio.
Core Business Areas
- Etch: Provides plasma etch solutions used to create the intricate patterns on silicon wafers.
- Deposition: Offers deposition solutions that deposit thin films onto wafers, critical for creating semiconductor devices.
- Clean: Provides cleaning solutions to remove contaminants from wafers during the fabrication process.
- Customer Support: Offers a range of customer support services, including equipment maintenance, process optimization, and training.
Leadership and Structure
Tim Archer serves as the President and CEO. The company has a typical corporate structure with a board of directors overseeing the executive leadership team.
Top Products and Market Share
Key Offerings
- Kiyo Etch Systems: Advanced etching systems used for creating high-precision features on wafers. Lam Research is a market leader in etch equipment. Competitors include Applied Materials, Tokyo Electron.
- Vector Deposition Systems: Chemical Vapor Deposition (CVD) systems for depositing thin films. Competitors include Applied Materials, ASM International.
- Striker Clean Systems: Cleaning systems that remove contaminants from wafer surfaces, improving device performance and yield. Competitors include SCREEN Holdings, Tokyo Electron.
Market Dynamics
Industry Overview
The semiconductor equipment industry is cyclical, driven by demand for semiconductors used in electronics, data centers, and other applications. It's experiencing strong growth due to increased demand for AI, 5G, and cloud computing. Investments in advanced manufacturing technologies are crucial for maintaining competitiveness.
Positioning
Lam Research is a leading player in the semiconductor equipment market, known for its innovative technology and strong customer relationships. Its competitive advantages include its deep technical expertise, broad product portfolio, and global service network.
Total Addressable Market (TAM)
The overall wafer fabrication equipment market is estimated to be hundreds of billions USD annually. Lam Research is positioned to capture a significant portion of this market through its advanced technologies and market leadership. The equipment and services TAM is expected to grow significantly with AI and next-generation chip demand.
Upturn SWOT Analysis
Strengths
- Market leadership in key segments
- Strong R&D capabilities
- Established customer relationships
- Global service network
- Innovative technology
Weaknesses
- Cyclical business
- Dependence on a few large customers
- Exposure to geopolitical risks
- Capital Intensive Manufacturing
Opportunities
- Growth in emerging markets
- Expansion into new applications
- Increased demand for advanced manufacturing
- Develop more customer-specific solutions
Threats
- Economic downturns
- Increased competition
- Technological disruptions
- Geopolitical instability
- Supply chain disruptions
Competitors and Market Share
Key Competitors
- AMAT
- TEL
Competitive Landscape
Lam Research holds a strong position due to its technology and scale, but faces intense competition. AMAT has a broader product portfolio; TEL, is strong in Japan. Innovation and customer service are key differentiators.
Major Acquisitions
Coventor
- Year: 2017
- Acquisition Price (USD millions): 0
- Strategic Rationale: Coventor's MEMS design and simulation capabilities enhance Lam's process development and modeling capabilities.
Growth Trajectory and Initiatives
Historical Growth: Lam Research has experienced significant growth over the past decade, driven by increased demand for semiconductors and its ability to innovate and capture market share.
Future Projections: Analyst estimates suggest continued growth for Lam Research, supported by strong demand for its products and services. However, growth rates may vary depending on market conditions.
Recent Initiatives: Recent initiatives include investments in R&D, expansion into new markets, and acquisitions to strengthen its product portfolio.
Summary
Lam Research is a strong player in the semiconductor equipment industry, benefiting from robust demand for advanced chips. Its technological leadership and customer relationships provide a competitive edge. However, it faces risks associated with the cyclical nature of the industry and geopolitical factors. Continued innovation is crucial for sustained success.
Similar Companies
AMAT
Applied Materials Inc
AMAT
Applied Materials Inc
ASML
ASML Holding NV ADR
ASML
ASML Holding NV ADR
KLAC
KLA-Tencor Corporation
KLAC
KLA-Tencor Corporation
TEL
TE Connectivity Ltd
TEL
TE Connectivity Ltd
Sources and Disclaimers
Data Sources:
- Company Filings
- Analyst Reports
- Industry Publications
- Market Research Reports
Disclaimers:
This analysis is based on available information and is subject to change. It is not financial advice. Investment decisions should be based on individual research and consultation with a financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Lam Research Corp
Exchange NASDAQ | Headquaters Fremont, CA, United States | ||
IPO Launch date 1984-05-11 | President, CEO & Director Mr. Timothy M. Archer | ||
Sector Technology | Industry Semiconductor Equipment & Materials | Full time employees 18600 | Website https://www.lamresearch.com |
Full time employees 18600 | Website https://www.lamresearch.com | ||
Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. The company offers ALTUS systems to deposit conformal films for tungsten metallization applications; SABRE electrochemical deposition products for copper interconnect transition that offers copper damascene manufacturing; and VECTOR plasma-enhanced CVD products. It also provides SPEED gapfill high-density plasma chemical vapor deposition products; and Striker single-wafer atomic layer deposition products for dielectric film solutions. In addition, the company offers Flex for dielectric etch applications; Vantex, a dielectric etch system that provides RF technology and repeatable wafer-to-wafer performance enabled by Equipment Intelligence solutions; Kiyo for conductor etch applications; Syndion for through-silicon via etch applications; and Versys metal products for metal etch processes. Further, it provides Coronus bevel clean products to enhance die yield; and Da Vinci, DV-Prime, EOS, and SP series products to address various wafer cleaning applications. The company sells its products in the United States, China, Europe, Japan, Korea, Southeast Asia, and Taiwan. Lam Research Corporation was incorporated in 1980 and is headquartered in Fremont, California.
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