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LRCXLam Research Corporation

The forward PE ratio is 58.58 as of Thursday, July 9, 2026.

Forward PE Ratio (58.58) = Close Price ($353.17) / Consensus Forward EPS ($5.69)

LRCX Forward PE Ratio Metrics

FORWARD PE RATIO

58.58

LRCX Competitors' Forward PE Ratio

LRCX

Lam Research Corporation

Current

Market Cap

$441.66B

Forward PE Ratio

58.58

CSCO

Cisco Systems, Inc.

vs LRCX

Market Cap

$466.31B

Forward PE Ratio

26.62

AMAT

Applied Materials, Inc.

vs LRCX

Market Cap

$467.37B

Forward PE Ratio

46.61

ORCL

Oracle Corporation

vs LRCX

Market Cap

$415.57B

Forward PE Ratio

18.77

ARM

Arm Holdings plc American Depositary Shares

vs LRCX

Market Cap

$348.85B

Forward PE Ratio

171.29

INTC

Intel Corp.

vs LRCX

Market Cap

$565.63B

Forward PE Ratio

102.19

KLAC

KLA Corporation

vs LRCX

Market Cap

$299.82B

Forward PE Ratio

59.66

DELL

Dell Technologies Inc.

vs LRCX

Market Cap

$299.06B

Forward PE Ratio

43.33

PLTR

Palantir Technologies Inc.

vs LRCX

Market Cap

$296.28B

Forward PE Ratio

90.72

TXN

Texas Instruments Incorporated

vs LRCX

Market Cap

$280.79B

Forward PE Ratio

39.11

Trailing vs Forward

Trailing P/E

62.9

reported TTM EPS

Forward P/E

58.6

consensus next-FY EPS

The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $5.69 implies +7.4% EPS growth vs the reported trailing $5.30.

Forward P/E by Fiscal Year

View All Analyst Estimates

At today's $353.17 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.

Fiscal year endConsensus EPSEstimate rangeAnalystsImplied P/E
2027-06-29$8.09$7.47 – $8.642143.6x
2028-06-29$9.96$7.74 – $10.881035.4x
2029-06-29$11.36$10.13 – $13.09831.1x

Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.

Forward PE Ratio Formula & Definition

PE Ratio = Share Price / Diluted EPS (TTM)

The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Forward PE Ratio FAQ

What is the forward PE ratio for Lam Research Corporation (LRCX)?
The forward PE ratio for LRCX stock is 58.58.

About Lam Research Corporation

Lam Research Corporation is a prominent supplier of equipment vital for semiconductor processing, encompassing its design, production, sales, repair, and ongoing maintenance. These sophisticated systems are fundamental for the creation of integrated circuits. The company's extensive product catalog features a variety of deposition technologies. For tungsten metallization, they provide ALTUS systems that deposit conformal films. SABRE products excel in electrochemical deposition, crucial for copper interconnect transitions and enabling copper damascene manufacturing. SOLA utilizes ultraviolet thermal processing for film treatments, while VECTOR delivers plasma-enhanced chemical vapor deposition (CVD) and atomic layer deposition (ALD) solutions. Furthermore, SPEED addresses gapfill applications with its high-density plasma CVD products, and Striker is engineered for single-wafer atomic layer deposition of dielectric films. Beyond deposition, Lam Research offers a comprehensive suite of etching tools. Flex is designed for dielectric etch applications, Kiyo handles conductor etch processes, Syndion specializes in through-silicon via etching, and Versys metal products are used for metal etch processes. The company's offerings also extend to specialized solutions like Coronus, which enhances die yield through bevel cleaning. For various wafer cleaning requirements, Lam Research supplies multiple product lines, including Da Vinci, DV-Prime, EOS, and SP series. Additionally, Metryx mass metrology systems provide precise, in-line mass measurement capabilities for semiconductor wafer manufacturing. Lam Research serves the global semiconductor industry, distributing its technologies and services across the United States, China, Europe, Japan, Korea, Southeast Asia, Taiwan, and other international markets. Established in 1980, the company maintains its corporate headquarters in Fremont, California.

Fremont, CA
18,600 employees
Technology / Semiconductors
Sector
Technology
Industry
Semiconductors
CEO
Timothy Archer