The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
In the most recent trading session, Lam Research (LRCX) closed at $99.62, indicating a -2.07% shift from the previous trading day.
Lam Research posts strong systems growth fueled by wins for Halo, Striker, and Akara in NAND and DRAM markets.
LRCX's $1.2 billion India investment expands its global footprint, offering a hedge against trade risks and supply disruptions.
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Lam Research (NASDAQ: LRCX), a prominent supplier of equipment for chip fabrication, is poised to gain from the increasing capital expenditures driven by the burgeoning generative artificial intelligence industry. While AI leader Nvidia (NASDAQ: NVDA) grabs attention with its stock price soaring more than 3 times over the last two years and its valuation approaching $4 trillion, less known companies like Lam play an essential role in the manufacturing of the AI chips that Nvidia markets.
Lam Research (LRCX) concluded the recent trading session at $98.83, signifying a +2.09% move from its prior day's close.
Lam Research (LRCX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
Lam Research's AI-powered Dextro cobot targets fab inefficiencies, aiming to drive CSBG growth and expand margins through automation.
Here is how Lam Research (LRCX) and Couchbase, Inc. (BASE) have performed compared to their sector so far this year.
Lam Research exceeded expectations in Q3 FY25, driven by strong demand for its ALTUS Halo and Akara systems and operational excellence from its 'Close to the Customer' strategy. Financial results were robust: revenue up 24% YoY, record gross margins, expanding operating margins, and strong cash flow, supporting continued buybacks and dividends. Valuation remains attractive with a low PEG ratio, secular AI-driven tailwinds, and solid shareholder returns, despite some near-term risks from China exposure and DRAM market uncertainty.