Lam Research Corporation’s Stock Price Drops to $818.91, Marking a 3.36% Decline: Is it the Right Time to Buy?

Lam Research Corporation (LRCX)

818.91 USD -28.46 (-3.36%) Volume: 1.11M

Lam Research Corporation’s stock price is currently at 818.91 USD, witnessing a drop of -3.36% this trading session with a volume of 1.11M, yet still showing a positive year-to-date (YTD) performance with a rise of +4.55%, highlighting the stock’s resilience and potential for growth.

Latest developments on Lam Research Corporation

Lam Research (LRCX) has been making waves in the market as it exceeds market returns, catching the attention of investors and analysts alike. Research analysts are offering predictions for the company’s FY2026 earnings, with Nasdaq listing Lam Research Co. (NASDAQ:LRCX) as a stock to watch. The recent sale of Lam Research Co. shares by Calamos Advisors LLC has also sparked interest in the semiconductor company. With all eyes on Lam Research, it seems that this could be the stock that many have been overlooking.

Lam Research Corporation on Smartkarma

Analysts on Smartkarma are providing mixed coverage of Lam Research Corporation. Baptista Research, in their report “Lam Research Corporation: How Are They Benefitting From Advanced Memory Technologies? – Major Drivers,” expressed a bullish sentiment. They highlighted the company’s solid performance in the June 2024 quarter, with revenue, profitability, and earnings per share exceeding expectations. The report also mentioned a significant increase in revenue from the Customer Support Business Group and a key operational milestone achieved by the company in Malaysia.

On the other hand, analyst William Keating took a bearish stance in the report “LRCX. Mounting Tailwinds Bode Well For 2025 & Beyond.” Keating pointed out that Lam Research‘s Q124 revenues were flat sequentially and year-over-year, with China revenues becoming a potential concern. The report also discussed upcoming technology transitions that could drive growth in 2025 and beyond. Despite differing views, these reports offer valuable insights for investors following Lam Research on Smartkarma.

A look at Lam Research Corporation Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Looking at the Smartkarma Smart Scores for Lam Research, the company seems to have a mixed outlook. While it scores well in terms of resilience and dividend, its value and momentum scores are on the lower end. This indicates that Lam Research may face some challenges in terms of its overall performance and growth in the long term. However, its strong resilience score suggests that the company is well-equipped to weather any potential storms in the market.

Lam Research Corporation, a company that manufactures semiconductor processing equipment, seems to have a stable long-term outlook based on the Smartkarma Smart Scores. With decent scores in growth and dividend, as well as a strong resilience score, the company appears to be in a good position to continue its operations and provide returns to investors. While there may be some room for improvement in terms of value and momentum, Lam Research‘s global presence and focus on integrated circuits could help drive its future success.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.

💡 Before it’s here, it’s on Smartkarma