LRCX (Lam Research) Order Backlog for Technology (USD Mil): 2,900.00 (As of Jun. 2020)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LRCX Lam Research Corp LRCX
85 GF Score
Price $298.01
GF Value $152.42
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Lam Research Order Backlog for Technology (USD Mil)?

Lam Research LRCX -5.65% 85 Order Backlog for Technology (USD Mil) is 2,900.00 as of Jun. 2020. GuruFocus rates LRCX with a GF Score™ of 85/100 and a GF Value™ of $152.42 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Backlog of orders refers to the quantity and combined monetary value of the products which have been ordered by customers but which have not shipped yet.

Lam Research's Order Backlog for Technology (USD Mil) for the quarter that ended in Jun. 2020 was 2,900.00 , which higher from pervious quarter (Jun. 2019)'s result by 81.25%.

Lam Research's Order Backlog for Technology (USD Mil) for the annual that ended in Jun. 2020 was 2,900.00 , which higher from pervious year (Jun. 2019)'s result by 81.25%.

The historical rank and industry rank for Lam Research's Order Backlog for Technology (USD Mil) or its related term are showing as below:

LRCX's Order Backlog for Technology (USD Mil) is not ranked *
in the Semiconductors industry.
Industry Median:
* Ranked among companies with meaningful Order Backlog for Technology (USD Mil) only.

Lam Research  (NAS:LRCX) Order Backlog for Technology (USD Mil) Explanation

The term backlog refers to a buildup of work that has not yet been completed by the company. The presence of a backlog can have positive or negative implications. For example, a rising backlog of product orders might indicate rising sales. On the other hand, companies generally want to avoid having a backlog as it could cause (or be a result of) increasing inefficiency in the production process. Likewise, a falling backlog might be a sign of lagging demand but could also be a result of improving production efficiency. Naturally, unexpected backlogs can compromise forecasts and production schedules.


Lam Research Order Backlog for Technology (USD Mil) Related Terms


Lam Research Order Backlog for Technology (USD Mil) Historical Data

* Premium members only.

The historical data trend for Lam Research's Order Backlog for Technology (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Lam Research Order Backlog for Technology (USD Mil) Chart

Lam Research Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20
Order Backlog for Technology (USD Mil)
Get a 7-Day Free Trial Premium Member Only Premium Member Only

Lam ResearchQuarterly Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20
Order Backlog for Technology (USD Mil)
Get a 7-Day Free Trial Premium Member Only Premium Member Only

LRCX vs AMAT, KLAC, TER: Order Backlog for Technology (USD Mil) Comparison

For the Semiconductor Equipment & Materials subindustry, Lam Research's Order Backlog for Technology (USD Mil), along with its competitors' market caps and Order Backlog for Technology (USD Mil) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

LRCX
85GF Score
Lam Research Corp LRCX
Order Backlog for Technology (USD Mil) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis
Frequently Asked Questions
What does a Order Backlog for Technology (USD Mil) of 2,900.00 mean?
Lam Research (LRCX) has a Order Backlog for Technology (USD Mil) of 2,900.00 as of Jun. 2020. Backlog of orders refers to the quantity and combined monetary value of the products which have been ordered by customers but which have not shipped yet. View historical data on Lam Research and its competitors.
Is Lam Research's Order Backlog for Technology (USD Mil) too high?
Lam Research's current Order Backlog for Technology (USD Mil) is 2,900.00. Overall, Lam Research has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lam Research's Order Backlog for Technology (USD Mil) compare to AMAT and KLAC?
Lam Research's Order Backlog for Technology (USD Mil) of 2,900.00 can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Order Backlog for Technology (USD Mil) for a Semiconductors company?
A good Order Backlog for Technology (USD Mil) depends on the Semiconductors industry context. However, Order Backlog for Technology (USD Mil) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Order Backlog for Technology (USD Mil) mean?
A high Order Backlog for Technology (USD Mil) can signal that a stock is expensive relative to its fundamentals. Backlog of orders refers to the quantity and combined monetary value of the products which have been ordered by customers but which have not shipped yet. View historical data on Lam Research and its competitors. Lam Research's current Order Backlog for Technology (USD Mil) is 2,900.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lam Research stock overvalued right now?
Based on GuruFocus' analysis, Lam Research (LRCX) is currently considered Significantly Overvalued. The stock's GF Value™ is $152.42, compared to a current price of $298.01 — trading 95.5% above its estimated fair value. The current Order Backlog for Technology (USD Mil) is 2,900.00. Lam Research's overall GF Score™ is 85/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Order Backlog for Technology (USD Mil) calculated?
Order Backlog for Technology (USD Mil) is calculated from a company's financial statements. For Lam Research (LRCX), the current Order Backlog for Technology (USD Mil) is 2,900.00 as of Jun. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Lam Research (LRCX) Overvalued in 2026?

Based on GuruFocus' analysis, Lam Research stock appears to be overvalued. The current stock price of $298.01 is trading 95.5% above its estimated GF Value™ of $152.42. GuruFocus considers Lam Research to be Significantly Overvalued.

Key valuation signals for LRCX:

  • Order Backlog for Technology (USD Mil): 2,900.00
  • GF Value™: $152.42 vs. price of $298.01 (95.5% above fair value)
  • GF Score™: 85/100 with 2 warning signs

No single metric tells the full story. See the LRCX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lam Research Business Description

Address 4650 Cushing Parkway, Fremont, CA, USA, 94538
Lam Research is one of the largest semiconductor wafer fabrication equipment manufacturers in the world. It specializes in deposition and etch, which entail the buildup of layers on a semiconductor and the subsequent selective removal of patterns from each layer. Lam holds the top market share in etch and holds the clear second share in deposition. It is more exposed to memory chipmakers for DRAM and NAND chips. It counts as top customers the largest chipmakers in the world, including TSMC, Samsung, Intel, and Micron.
85GF Score

Get the complete analysis for LRCX

Order Backlog for Technology (USD Mil) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$298.01
Price
$152.42
GF Value