Lam stock price forecast technical charts in the lam stock price

Technical charts in the lam stock price forecast point to resistance near $960 and support at $ The price-to-earnings (PE) ratio is a widely used metric for valuing profitable companies like Lam Research, as it gives investors a quick snapshot of what the market is willing to pay today for a dollar of current earnings. When a company has stable profits and clear earnings growth, the PE ratio becomes a meaningful benchmark for fair valuation. In 2024 alone, Lam Research shipped more than $1 billion worth of products tied to next-gen chip technologies and packaging. The figure is expected to triple in 2025. LRCX’s equipment is especially critical as the industry moves toward innovations like backside power delivery and dry-resist processing. The semiconductor capital equipment cycle, central to lam stock price forecast projections, remains in expansion phase, aligning with foundry capex growth forecasts.