Lam Research Corp (LRCX)

Currency in USD
305.21
-14.57(-4.56%)
Closed·
305.48+0.27(+0.09%)
·
Earnings results expected in 3 days
LRCX is not included in our AI-picked strategies. See which stocks are.
Fair Value
Day's Range
301.68319.70
52 wk Range
90.94438.50
Key Statistics
Prev. Close
319.78
Open
312.62
Day's Range
301.68-319.7
52 wk Range
90.94-438.5
Volume
9.28M
Average Volume (3m)
11.17M
1-Year Change
214.7793%
Book Value / Share
8.48
Fair Value
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Fair Value Upside
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LRCX Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
372.32
Upside
+21.99%
Members' Sentiments
Bearish
Bullish
ProTips
Has raised its dividend for 12 consecutive years

Lam Research Corp News & Analysis

Show more

Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Sell
Technical Indicators
Strong Sell
Moving Averages
Strong Sell

Analyst Ratings

29 Buy
5 Hold
1 Sell
Ratings:
35 analysts
Overall Consensus
Strong Buy

Analysts 12-Month Price Target:

Average 372.32
(+21.99% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Evercore ISI
Buy355.00+16.31%-MaintainJul 21, 2026
UBS
Buy435.00+42.52%375.00MaintainJul 15, 2026
Stifel
Buy425.00+39.25%325.00MaintainJul 10, 2026
Mizuho
Buy400.00+31.06%380.00MaintainJul 09, 2026
Morgan Stanley
Buy404.00+32.37%331.00MaintainJul 06, 2026

Lam Research Corp SWOT Analysis


AI-Driven Growth
Explore how Lam Research is capitalizing on the AI boom, with ambitious plans to double earnings power by 2028 and expand its market share in key semiconductor technologies.
Tech Leadership
Delve into Lam's innovative "Four Horsemen" technologies and new tools like ALTUS Halo, positioning the company at the forefront of semiconductor manufacturing advancements.
Market Dynamics
Analysts project EPS ranges from $3.65 to $4.35+ for CY25-26, with Lam poised to outperform the growing wafer fabrication equipment market reaching $100 billion by 2025.
Strategic Challenges
Learn about Lam's navigation of geopolitical tensions and export controls, potentially impacting $700 million in revenue, while leveraging AI to enhance customer support services.
Read full SWOT analysis

Lam Research Corp Earnings Call Summary for Q3/2026

  • Lam Research Q3 FY2026 EPS of $1.47 beat forecast of $1.35; revenue of $5.84B exceeded expectations of $5.73B, up 24% YoY.
  • Stock rose 2.78% in aftermarket trading to $262.45, delivering 321% return over past year, trading near 52-week high of $273.50.
  • Record performance driven by AI-driven semiconductor demand; gross margin of 49.9%, operating margin of 35%, cash reserves of $4.8B.
  • CEO Tim Archer emphasized strength in product portfolio and strategic focus on AI-driven semiconductor technologies and innovation.
  • Q4 guidance projects EPS of $1.44-$1.82; company anticipates growth opportunities in AI-driven NAND and DRAM solutions amid supply chain risks.
Last Updated: 04/23/2026, 06:30 AM
Read Full Transcript

Earnings

Latest Release
Apr 22, 2026
EPS / Forecast
1.47 / 1.35
Revenue / Forecast
5.84B / 5.73B
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 5.29%
Dividend Yield
0.33%
Industry Median 0.65%
Annualized payout
1.04
Paid quarterly
5-Years Growth
+14.87%
Growth Streak

LRCX Income Statement

Compare LRCX to Peers and Sector

Metrics to compare
LRCX
Peers
Sector
Relationship
P/E Ratio
56.9x95.8x12.3x
PEG Ratio
1.20−0.630.01
Price/Book
36.1x9.8x2.4x
Price / LTM Sales
17.6x13.8x2.2x
Upside (Analyst Target)
26.1%22.0%38.5%
Fair Value Upside
Unlock−25.0%7.7%Unlock

Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits in the United States, China, Korea, Taiwan, Japan, Southeast Asia, and Europe. The company offers ALTUS systems to deposit conformal or selective films for tungsten or molybdenum metallization applications; SABRE electrochemical deposition products for copper interconnect transition that offers copper damascene manufacturing; SPEED gapfill high-density plasma chemical vapor deposition (CVD) products; Striker single-wafer atomic layer deposition products for dielectric film solutions; and VECTOR plasma-enhanced CVD products. It also provides Flex for dielectric etch applications; Vantex, a dielectric etch system that provides RF technology and repeatable wafer-to-wafer performance enabled by Equipment Intelligence solutions; Kiyo for conductor etch applications; Syndion for through-silicon via etch applications; and Versys metal products for metal etch processes. In addition, the company offers Coronus bevel clean products to enhance die yield; and Da Vinci, DV-Prime, EOS, and SP series products to address various wafer cleaning applications. Further, it provides Reliant deposition, etch, and clean products; and Sense.i platform products, as well as customer service, spares, and upgrades. Lam Research Corporation was incorporated in 1980 and is headquartered in Fremont, California.

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
613.92M49.09%187.38B
Other Institutional Investors
456.84M36.53%139.43B
Public Companies & Retail Investors
179.80M14.38%54.88B
Total
1.25B100.00%381.69B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
BlackRock, Inc.10.62%132,852,32040,547,857
Vanguard Capital Management, LLC6.49%81,155,74424,769,545

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FAQ

What Is the Lam Research (LRCX) Stock Price Today?

The Lam Research stock price today is 305.21 USD.

What Stock Exchange Does Lam Research Trade On?

Lam Research is listed and trades on the Nasdaq Stock Exchange.

What Is the Stock Symbol for Lam Research?

The stock symbol for Lam Research is "LRCX."

Does Lam Research Pay Dividends? What’s The Current Dividend Yield?

The Lam Research dividend yield is 0.33%.

What Is the Lam Research Market Cap?

As of today, Lam Research market cap is 381.69B USD.

What Is Lam Research's Earnings Per Share (TTM)?

The Lam Research EPS (TTM) is 5.29.

When Is the Next Lam Research Earnings Date?

Lam Research will release its next earnings report on Jul 29, 2026.

From a Technical Analysis Perspective, Is LRCX a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.

How Many Times Has Lam Research Stock Split?

Lam Research has split 3 times.

How Many Employees Does Lam Research Have?

Lam Research has 20600 employees.

What is the current trading status of Lam Research (LRCX)?

As of Jul 26, 2026, Lam Research (LRCX) is trading at a price of 305.21 USD, with a previous close of 319.78 USD. The stock has fluctuated within a day range of 301.68 USD to 319.70 USD, while its 52-week range spans from 90.94 USD to 438.50 USD.

What Is Lam Research (LRCX) Price Target According to Analysts?

The average 12-month price target for Lam Research is 372.32 USD, with a high estimate of 500 USD and a low estimate of 220 USD. 29 analysts recommend buying the stock, while 1 suggest selling, leading to an overall rating of Strong Buy. The stock has an +21.99% Upside potential.

What Is the LRCX Premarket Price?

LRCX's last pre-market stock price is 310.20 USD. The pre-market share volume is 76,600.00, and the stock has decreased by -9.58, or -3.00%.

What Is the LRCX After Hours Price?

LRCX's last after hours stock price is 305.48 USD, the stock has decreased by 0.27, or 0.09%.
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