Shares of semiconductor equipment maker Lam Research (NASDAQ:LRCX) jumped 8.5% in the afternoon session after the company reported impressive fourth-quarter results and provided revenue and EPS guidance for the next quarter,
Valued on earnings, shares of Lam Research look the cheapest today, valued just a little over 25 times trailing earnings. KLA stock is more expensive at 34 times earnings, while ASML looks most expensive at a P/E ratio of 40. I hesitate to call any of the three stocks a "bargain," however.
Semiconductor equipment maker Lam Research (NASDAQ:LRCX) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 16.4% year on year to $4.38 billion. On top of that, next quarter’s revenue guidance ($4.
Shares of Lam Research rose after the maker of equipment for semiconductor manufacturing issued better-than-expected guidance for the current quarter. The stock was up 5.4%, to $79.33, in after-hours trading Wednesday after closing the regular session at $75.15. Through Wednesday's close, the stock had lost about 11% over the last year.
Lam Research (NASDAQ:LRCX) shares rose 7% in late trading on Wednesday after the semiconductor equipment firm posted second-quarter results and issued guidance for the next period that topped Wall Street's estimates by a wide margin.
Bernstein upgraded Lam Research (LRCX) to Outperform from Market Perform with a price target of $91, up from $85. The company reported a solid
Chip-making equipment supplier Lam Research forecast third-quarter revenue above Wall Street expectations on Wednesday, driven by a surge in orders from chip firms amid the AI boom. Shares of the Fremont,
IBM shares are jumping 8% after the tech-infrastructure provider reported a quarterly per-share profit that beat expectations — helped by a jump in software sales and AI-related demand. Lam Research stock is gaining nearly 6% after the maker of equipment for semiconductor manufacturing issued better-than-expected guidance for the current quarter.
As we move through 2025, staying informed and adaptable will be key to capitalizing on the opportunities this pivotal industry presents.
Analyst Blayne Curtis of Jefferies maintained a Buy rating on Lam Research (LRCX – Research Report), with a price target of $95.00.Invest with
LAM Research's Advanced Pacakging for stacking memory on chips has more than tripled revenues in 2024 and looks even bigger in 2025.