TD Cowen reiterated coverage on Lam Research with a new price target
$LRCX
Industrial Machinery/Components
Technology
TD Cowen reiterated coverage of Lam Research with a rating of Buy and set a new price target of $1,050.00 from $1,000.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/30/2025 | $100.00 | Neutral → Overweight | Cantor Fitzgerald |
| 1/30/2025 | $85.00 → $91.00 | Mkt Perform → Outperform | Bernstein |
| 1/17/2025 | $95.00 | Sector Weight → Overweight | KeyBanc Capital Markets |
| 1/15/2025 | Outperform → Peer Perform | Wolfe Research | |
| 12/17/2024 | Neutral | Cleveland Research | |
| 8/1/2024 | $1000.00 → $1050.00 | Buy | TD Cowen |
| 5/13/2024 | $980.00 → $1100.00 | Buy | Jefferies |
| 4/25/2024 | $975.00 → $1000.00 | Buy | TD Cowen |
FREMONT, Calif., Jan. 29, 2025 /PRNewswire/ -- Lam Research Corporation (the "Company," "Lam," "Lam Research") today announced financial results for the quarter ended December 29, 2024 (the "December 2024 quarter"). Highlights for the December 2024 quarter were as follows: Revenue of $4.38 billion.U.S. GAAP gross margin of 47.4%, U.S. GAAP operating income as a percentage of revenue of 30.5%, and U.S. GAAP diluted EPS of $0.92.Non-GAAP gross margin of 47.5%, non-GAAP operating income as a percentage of revenue of 30.7%, and non-GAAP diluted EPS of $0.91.Key Financial Data for the Quarters Ended December 29, 2024 and September 29, 2024 (in thousands, except per-share data, percentages, and ba
FREMONT, Calif., Jan. 6, 2025 /PRNewswire/ -- Lam Research Corp. (NASDAQ:LRCX) today announced that the company will host its quarterly financial conference call and webcast on Wednesday, January 29, 2025, beginning at 2:00 p.m. Pacific Standard Time (5:00 p.m. Eastern Standard Time). Webcast: To access the webcast, visit the Investors section of Lam's website athttp://www.lamresearch.com and click on the Investors/InvestorsOverview/Events & Presentations section to view the details. Replay Information: A webcast replay will be available on the Lam Research website approximately three hours after the conference call concludes. About Lam Research Lam Research Corporation (NASDAQ:LRCX) is a
FREMONT, Calif., Nov. 7, 2024 /PRNewswire/ -- Lam Research Corporation (NASDAQ:LRCX) today announced that its Board of Directors has approved a quarterly dividend of $0.23 per share of common stock. The dividend payment will be made on January 8, 2025, to holders of record on December 11, 2024. Future dividend payments are subject to review and approval by the Board of Directors. About Lam Research: Lam Research Corporation is a global supplier of innovative wafer fabrication equipment and services to the semiconductor industry. Lam's equipment and services allow customers to build smaller and better performing devices. In fact, today, nearly every advanced chip is built with Lam technolog
SC 13G/A - LAM RESEARCH CORP (0000707549) (Subject)
SC 13G/A - LAM RESEARCH CORP (0000707549) (Subject)
SC 13G/A - LAM RESEARCH CORP (0000707549) (Subject)
4/A - LAM RESEARCH CORP (0000707549) (Issuer)
4/A - LAM RESEARCH CORP (0000707549) (Issuer)
4 - LAM RESEARCH CORP (0000707549) (Issuer)
FREMONT, Calif., Aug. 30, 2024 /PRNewswire/ -- Lam Research Corp. (NASDAQ:LRCX) today announced that Ita Brennan and Mark Fields have joined its board of directors, effective August 30, 2024. Brennan brings to the board significant senior executive-level financial management expertise in the technology industry. Most recently, she was Senior Vice President and Chief Financial Officer (CFO) of Arista Networks. Brennan previously held CFO roles at QuantumScape Corporation and Infinera Corporation, where she also served as Vice President of Finance and Corporate Controller. Earli
FREMONT, Calif., July 16, 2024 /PRNewswire/ -- Lam Research Corp. (NASDAQ:LRCX) today announced that Ava Harter has joined its executive leadership team as senior vice president and chief legal officer. Reporting to President and Chief Executive Officer Tim Archer, Harter will oversee all of Lam's legal functions as well as government and regulatory affairs. Harter most recently served as executive vice president and chief legal officer at Whirlpool Corporation where she held enterprise-wide responsibility for global legal matters, as well as security and claims for the compan
FREMONT, Calif., Aug. 24, 2023 /PRNewswire/ -- Lam Research Corp. (NASDAQ:LRCX) today announced that John M. Dineen has joined its board of directors, effective August 24, 2023. Dineen brings to Lam extensive experience in technology, operations, and international business management, including previously serving in multiple executive leadership roles at General Electric Company (GE). During his three-decade career at GE, Dineen was responsible for a broad range of business lines and tens of thousands of employees across the global company. Most recently, Dineen served as Pres
Bernstein upgraded Lam Research from Mkt Perform to Outperform and set a new price target of $91.00 from $85.00 previously
Cantor Fitzgerald upgraded Lam Research from Neutral to Overweight and set a new price target of $100.00
KeyBanc Capital Markets upgraded Lam Research from Sector Weight to Overweight and set a new price target of $95.00
FREMONT, Calif., Jan. 29, 2025 /PRNewswire/ -- Lam Research Corporation (NASDAQ:LRCX) today announced that Aether®, its innovative dry photoresist technology, has been selected by a leading memory manufacturer as production tool of record for the most advanced DRAM processes. A breakthrough introduced by Lam in 2020, dry resist extends the resolution, productivity, and yield of Extreme Ultraviolet (EUV) lithography, a pivotal technology used in the production of next-generation semiconductor devices. Lam's dry resist approach overcomes the biggest challenges of transferring fi
FREMONT, Calif., Jan. 29, 2025 /PRNewswire/ -- Lam Research Corporation (the "Company," "Lam," "Lam Research") today announced financial results for the quarter ended December 29, 2024 (the "December 2024 quarter"). Highlights for the December 2024 quarter were as follows: Revenue of $4.38 billion.U.S. GAAP gross margin of 47.4%, U.S. GAAP operating income as a percentage of revenue of 30.5%, and U.S. GAAP diluted EPS of $0.92.Non-GAAP gross margin of 47.5%, non-GAAP operating income as a percentage of revenue of 30.7%, and non-GAAP diluted EPS of $0.91.Key Financial Data for the Quarters Ended December 29, 2024 and September 29, 2024 (in thousands, except per-share data, percentages, and ba
FREMONT, Calif., Jan. 14, 2025 /PRNewswire/ -- Lam Research Corporation (NASDAQ:LRCX) today announced that its innovative dry photoresist (dry resist) technology has been qualified for direct-print 28nm pitch back end of line (BEOL) logic at 2nm and below by imec, a leading research and innovation hub in nanoelectronics and digital technologies. An advanced patterning technique introduced by Lam, dry resist enhances the resolution, productivity and yield of extreme ultraviolet (EUV) lithography, a pivotal technology used in the production of next-generation semiconductor devices. Lam's dry resist technology provides unparalleled low-defect patterning in semiconductor device manufacturing."La
8-K - LAM RESEARCH CORP (0000707549) (Filer)
8-K - LAM RESEARCH CORP (0000707549) (Filer)
8-K - LAM RESEARCH CORP (0000707549) (Filer)