Lam Research Corp

LRCX: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Lam Research: We Raise Our Valuation After Upbeat Investor Day, but See 2028 Targets as Optimistic

William Kerwin

Feb 19, 2025

Lam Research presented an optimistic calendar 2028 financial target model at its 2025 investor day. Management is expecting $26 billion in revenue and $6.50 non-GAAP EPS, implying 13% and 18% compound annual growth, respectively.

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Lam Research Corp

Lam Research: We Raise Our Valuation After Upbeat Investor Day, but See 2028 Targets as Optimistic

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