Fair value (multi-method)
Four independent methods triangulate what LRCX is worth. The headline is the Forward-DCF intrinsic value at a normalized growth rate; the margin of safety compares it to the current price.
Estimated fair value (Forward DCF)
$178.63
Method range
$16.68 – $320.61
median $147.56
Valuation methods
Each method’s implied fair value per share and its upside versus the current price. Missing methods (no analyst coverage, negative earnings, etc.) are shown as “—”.
| Method | Fair value | Upside vs price |
|---|---|---|
| Forward DCF | $178.63 | -41.10% |
| Exit multiple | $116.49 | -61.59% |
| Analyst target | $320.61 | +5.71% |
| Graham number | $16.68 | -94.50% |
- Forward DCF$178.63
- Exit multiple$116.49
- Analyst target$320.61
- Graham number$16.68
Stock price
$303.28
FCF / share (TTM)
$0.65
3Y FCF CAGR
17.1%
Fair value @ hist. growth
$15.31
This analysis is for informational purposes only and is not financial advice. Scenario prices and DCF-style figures depend on your assumptions and data from public filings and estimates. They are not forecasts of future returns.
Implied FCF growth
64.0%
per year over your projection horizon
Margin of safety -1880.5% vs hist-growth DCF
Historical 3Y CAGR
17.1%
Your model implies
64.0%
Analyst consensus is EPS-only — no comparable FCF / share estimate to show on this basis.
Model inputs
Move sliders to test how the reverse DCF reacts. Historical-growth markers show where the company has actually grown over the last cycle.
Undiscounted FCF per share over 10 years at 17% annual growth.
Sensitivity — implied growth vs your assumptions
Each cell shows the per-share growth rate the market would need to justify the current price at that combination of discount rate (rows) and terminal growth (columns). Your selected inputs are highlighted.
| Row axis: discount rate. Column axis: terminal growth.Terminal g →↓ Discount | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% |
|---|---|---|---|---|---|
| 11.9% | 60.1% | 59.4% | 58.7% | 57.9% | 57.1% |
| 12.9% | 62.7% | 62.1% | 61.4% | 60.7% | 60.0% |
| 13.9% | 65.2% | 64.6% | 64.0% | 63.4% | 62.7% |
| 14.9% | 67.7% | 67.1% | 66.6% | 66.0% | 65.3% |
| 15.0% | 67.9% | 67.4% | 66.8% | 66.2% | 65.6% |
Historical multiples
Each bar is the trailing five-year range (low left, high right). Filled portion runs from low to today; the dot marks today; the small tick marks the five-year median. Low, median, and high are listed under each bar.
PEG
2.29
Demanding vs growth
Net cash
$1.6B
Total debt − cash
Beta
1.87
Vs market benchmark
Frequently asked questions
Lam Research (LRCX) Key Financials
Charts, filings, and peer comparison for every metric
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