Intrinsic Value of S&P & Nasdaq Contact Us

Lam Research Corporation LRCX NASDAQ

NASDAQ Global Select • Technology • Semiconductors • US • USD

SharesGrow Score
76/100
5/7 Pass
SharesGrow Intrinsic Value
$218.53
-19.8%
Analyst Price Target
$275.76
+1.3%
SharesGrow 7-Criteria Score All 7 criteria scored · income-related highlighted on this page

Lam Research Corporation (LRCX) has shown moderate revenue growth over the past 3 years, expanding from $17.2B to $18.4B (average +3.5%/yr). Net income reached $5.4B, reflecting solid earnings growth at +7.6%/yr on average. The net profit margin is 29.1%, which is exceptional. The company has maintained profitability in all 4 of the past 4 years, demonstrating a consistent earnings track record. The gross margin is 48.7% (moderate), with a +3pp trend over the period. With a $340B market cap and MOAT composite score of 83/100, the company has a strong competitive position.

Criteria proven by this page:

  • GROWTH (55/100, Partial) — growth is present but not consistently above 5% across both metrics
  • PAST (100/100, Pass) — proving consistent earnings. Looking at the full 40-year history, the company was profitable in 32 of 40 years — a solid long-term record with occasional losses
  • INCOME (85/100, Pass) — proves strong profitability and pricing power
  • MOAT (83/100, Pass) — strong gross margins and market scale prove a durable competitive advantage

Overall SharesGrow Score: 76/100 with 5/7 criteria passed.

76/100
SG Score
View full scorecard →
~
VALUE
42/100
Price-to-Earnings & upside
→ IV page
FUTURE
67/100
Analyst consensus
→ Forecast
PAST
100/100
4/4 yrs profit
EPS $4.15
Proven by this page
HEALTH
100/100
Debt-to-Equity & liquidity
→ Health
MOAT
83/100
Score: 83/100
GM 48.7% (+3pp)
Proven by this page
~
GROWTH
55/100
Rev +3.5%/yr
NI +7.6%/yr
Proven by this page
INCOME
85/100
Margin 29.1%
$18.4B
Proven by this page
Lam Research Corporation Earnings and Revenue History
Analyst Forecast →
Revenue  Actual & Estimate
Earnings & Profit Margin  Actual & Estimate
Metric TTM FY2025 FY2024 FY2023 FY2022
Revenue $20.56B$18.44B$14.91B$17.43B$17.23B
Gross Profit $10.24B$8.98B$7.05B$7.78B$7.87B
Gross Margin 49.8%48.7%47.3%44.6%45.7%
Operating Income $6.94B$5.9B$4.26B$5.17B$5.38B
Net Income $6.21B$5.36B$3.83B$4.51B$4.61B
Net Margin 30.2%29.1%25.7%25.9%26.7%
EPS (Diluted) $4.88$4.15$2.90$3.32$3.28
Contact Us
🎓
SharesGrow Academy
Learn how to calculate Intrinsic Value and find undervalued stocks.
Weekly live sessions
Send us a message