Calculated
DCF
Free cash flow, growth, discount rate, and terminal growth form an intrinsic value range.
127.92 USD221.36 USD298.93 USD
+12.45%
221.36 USDCurrent price is 12.4% above the base model value.
L
US
LRCX.US · LAM RESEARCH CORP
US · US
Latest price248.91 USD
30D-22.6%
Vs. base value+184%
Research summary
LRCX.US latest organized financial period shows revenue lacks a complete YoY comparison and net income grew +39.98% YoY. Current price is about 249 USD, while the model base case is about 87.73 USD; the current price sits +184% versus the base case. The page shows both reported and adjusted views; valuation still defaults to reported figures, while adjusted figures help isolate structured one-time-item impact. This summary is intended for public-information research and model review.
Key financial trend
Annual financial metrics with switchable views. · Unit: USD
Revenue18B USD
Net income5B USD
Free cash flow6B USD
Operating cash flow6B USD
Price trend
Price date: 2026/04/29 · Updated: 2026/04/29 15:22
Valuation model range
Hover each model row to inspect formulas and inputs.
Current price248.91 USD
Base value87.73 USD
Vs. base+184%
Price date2026/04/29
60.86 USD87.73 USD109.04 USD
+184%
Calculated
Owner Earnings
Uses recent net income as an owner-earnings proxy and discounts scenario growth.
86.96 USD140.69 USD183.32 USD
+76.92%
140.69 USDCurrent price is 76.9% above the base model value.Adjusted reference: 57.81 USD
Calculated
Reverse DCF
Solves the forward FCF growth rate implied by the current price.
Implied growth17.6%
Current price implies roughly 17.6% annualized FCF growth.
17.6%Current price implies roughly 17.6% annualized FCF growth.
Calculated
Earnings Power Value
Estimates earnings power value without assuming growth.
34.76 USD34.76 USD34.76 USD
+616%
34.76 USDCurrent price is 616% above the base model value.
Updated: 2026/04/29 15:22
Valuation basis and non-recurring items
Collapsed by default. Expand to inspect structured one-time items and adjusted figures without making them the primary page focus.
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Valuation basis and non-recurring items
Collapsed by default. Expand to inspect structured one-time items and adjusted figures without making them the primary page focus.
A positive amountAfterTax means the item increased reported net income; a negative value means it reduced reported net income. Adjusted net income = reported net income minus total after-tax impact. Valuation defaults to reported figures; adjusted figures are shown to observe one-time-item impact.
| Period | Item | Category | After-tax impact | Confidence |
|---|---|---|---|---|
| 2024/06/30 | Restructuring charges | Restructuring | -97M USD | Medium |
| 2023/06/25 | Restructuring charges | Restructuring | -190M USD | Medium |
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Quarterly and annual financial table
Financial DetailsShowing latest 5 / 14
| Period | Type | Revenue | Net Income | Adjusted net income | Free Cash Flow | Diluted EPS | Adjusted EPS |
|---|---|---|---|---|---|---|---|
| 2025/06/29 | Annual | 18B USD | 5B USD | 5B USD | 6B USD | 4.15 | 4.17 |
| 2024/06/30 | Annual | - | 4B USD | 4B USD | 5B USD | 29 | 29.74 |
| 2023/06/25 | Annual | 17B USD | 5B USD | 5B USD | 5B USD | 33.21 | 34.61 |
| 2022/06/26 | Annual | 17B USD | 5B USD | 5B USD | 3B USD | 32.75 | 3.28 |
| 2021/06/27 | Annual | - | 4B USD | - | 4B USD | 26.9 | - |
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