Is Lam Research Corp (LRCX) overvalued? · P/E 71, rev $23.23B
Lam Research Corp (LRCX) is a semiconductor equipment & materials company listed on NASDAQ.
This page asks whether Lam Research Corp (LRCX) looks expensive on cached numbers — not a short thesis.
Latest reported LRCX revenue for 2026-06-28 was $23.23B. Net income was $7.27B. Revenue was up 26.0% from 2025-06-29 to 2026-06-28. LRCX currently screens at market cap $467.94B and trailing P/E 70.9.
LRCX currently screens at market cap $467.94B and trailing P/E 70.9. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next LRCX 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the LRCX stock page for the full model, not this heading.
Not investment advice.