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: 18,300
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
4,771% more repeat investments, than reductions
Existing positions increased: 1,169 | Existing positions reduced: 24
111% more first-time investments, than exits
New positions opened: 450 | Existing positions closed: 213
14% more funds holding
Funds holding: 1,448 [Q3] → 1,649 (+201) [Q4]
4% less capital invested
Capital invested by funds: $78B [Q3] → $74.6B (-$3.42B) [Q4]
5.92% less ownership
Funds ownership: 86.01% [Q3] → 80.09% (-5.92%) [Q4]
21% less funds holding in top 10
Funds holding in top 10: 29 [Q3] → 23 (-6) [Q4]
24% less call options, than puts
Call options by funds: $1.78B | Put options by funds: $2.34B
Research analyst outlook
14 Wall Street Analysts provided 1 year price targets over the past 3 months
14 analyst ratings
Needham Charles Shi 14% 1-year accuracy 10 / 73 met price target | 12%upside $80 | Buy Maintained | 24 Apr 2025 |
Morgan Stanley Joseph Moore 42% 1-year accuracy 26 / 62 met price target | 14%upside $82 | Equal-Weight Maintained | 24 Apr 2025 |
Cantor Fitzgerald Matthew Prisco 12% 1-year accuracy 3 / 26 met price target | 26%upside $90 | Overweight Reiterated | 24 Apr 2025 |
TD Securities Krish Sankar 4% 1-year accuracy 1 / 23 met price target | 40%upside $100 | Buy Maintained | 24 Apr 2025 |
Wells Fargo Joseph Quatrochi 24% 1-year accuracy 5 / 21 met price target | 5%upside $75 | Equal-Weight Maintained | 24 Apr 2025 |
Financial journalist opinion
Based on 31 articles about LRCX published over the past 30 days
