Lieutenant Price schreef op 31 juli 2025 12:44:
Dit zal wellicht de reden zijn voor de daling:
Summit Insights downgrades Lam Research stock rating to Hold from Buy"Investing.com - Summit Insights downgraded Lam Research (NASDAQ:LRCX) from Buy to Hold on Thursday,
citing expectations of moderating wafer fabrication equipment (WFE) spending in 2026. The stock, currently trading near its 52-week high with a market capitalization of $126.75 billion, has shown strong momentum with a 37.94% gain year-to-date.
The research firm maintained its positive outlook on technology upgrades driving outperformance in the second half of 2025. Summit Insights specifically noted industry transitions to Gate-All-Around (GAA), backside power, and dry EUV photo resist as potential growth drivers for Lam Research. According to InvestingPro, the company maintains a robust financial health score and has demonstrated strong revenue growth of 20.33% over the last twelve months.
While Summit Insights believes foundry spending can remain strong, the firm indicated it does not see catalysts from the logic market. The analyst also expects spending in NAND and DRAM memory segments to moderate from 2025 levels. Despite these concerns, Lam Research has maintained dividend payments for 12 consecutive years, with a 15% dividend growth rate in the latest period.
Summit Insights projects Lam Research stock will be an "inline performer" moving forward, noting a lack of catalysts in the near-to-medium term that could drive outperformance.
The downgrade comes as semiconductor equipment manufacturers face questions about the sustainability of current spending levels across various chip manufacturing segments beyond 2025.
In other recent news, Lam Research Corp . reported its fourth-quarter 2025 earnings, surpassing Wall Street expectations. The company posted a revenue of $5.17 billion, which exceeded the forecasted $4.99 billion. Additionally, earnings per share (EPS) came in at $1.33, outperforming the anticipated $1.20. These results highlight Lam Research’s strong financial performance for the quarter. No mergers or acquisitions have been reported recently. Analyst firms have not provided any upgrades or downgrades following the earnings announcement. Investors continue to monitor Lam Research for any further developments."
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