Lam ResearchLRCX
About: Lam Research is one of the largest semiconductor wafer fabrication equipment manufacturers in the world. It specializes in deposition and etch, which entail the buildup of layers on a semiconductor and the subsequent selective removal of patterns from each layer. Lam holds the top market share in etch and holds the clear second share in deposition. It is more exposed to memory chipmakers for DRAM and NAND chips. It counts as top customers the largest chipmakers in the world, including TSMC, Samsung, Intel, and Micron.
Employees: 18,600
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
94% more first-time investments, than exits
New positions opened: 264 | Existing positions closed: 136
35% more funds holding in top 10
Funds holding in top 10: 23 [Q4 2024] → 31 (+8) [Q1 2025]
34% more repeat investments, than reductions
Existing positions increased: 719 | Existing positions reduced: 538
6% more funds holding
Funds holding: 1,658 [Q4 2024] → 1,754 (+96) [Q1 2025]
4% more call options, than puts
Call options by funds: $1.79B | Put options by funds: $1.72B
0.87% less ownership
Funds ownership: 80.19% [Q4 2024] → 79.32% (-0.87%) [Q1 2025]
1% less capital invested
Capital invested by funds: $74.7B [Q4 2024] → $73.9B (-$748M) [Q1 2025]
Research analyst outlook
16 Wall Street Analysts provided 1 year price targets over the past 3 months
16 analyst ratings
Needham Charles Shi | 11%downside $80 | Buy Maintained | 24 Apr 2025 |
Morgan Stanley Joseph Moore | 8%downside $82 | Equal-Weight Maintained | 24 Apr 2025 |
Cantor Fitzgerald Matthew Prisco | 1%upside $90 | Overweight Reiterated | 24 Apr 2025 |
TD Securities Krish Sankar | 12%upside $100 | Buy Maintained | 24 Apr 2025 |
Wells Fargo Joseph Quatrochi | 16%downside $75 | Equal-Weight Maintained | 24 Apr 2025 |
Financial journalist opinion
Based on 31 articles about LRCX published over the past 30 days
