LRCX
Lam Research Corp
Price:  
977.52 
USD
Volume:  
899,257.00
United States | Semiconductors & Semiconductor Equipment
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LRCX Fair Value

-54.59 %
Upside

As of 2024-03-05, the Fair Value of Lam Research Corp (LRCX) is 443.85 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 977.52 USD, the upside of Lam Research Corp is -54.59%.

977.52 USD
Stock Price
443.85 USD
Fair Price
FAIR VALUE CALCULATION

LRCX Fair Value

Peter Lynch's formula is:

LRCX Fair Value
= Earnings Growth Rate x TTM EPS
LRCX Fair Value
= 16.83 x 26.38
LRCX Fair Value
= 443.85

The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.

Historical Earnings
2019-06-30 2020-06-28 2021-06-27 2022-06-26 2023-06-25 5Y Avg
Net income 2,191.00 2,252.00 3,908.00 4,605.00 4,511.00 3,493.40
YoY growth -7.98% 2.78% 73.53% 17.84% -2.04% 16.83%

LRCX Fair Value - Key Data

Market Cap (mil) 128,152.88
P/E 37.06x
Forward P/E 36.98x
EPS 26.38
Avg earnings growth rate 16.83%
TTM earnings 3,458.17