Lam Research Corp (LRCX)

Currency in USD
293.02
-4.70(-1.58%)
Closed·
292.50-0.52(-0.18%)
·
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Fair Value
Day's Range
292.93318.40
52 wk Range
94.11438.50
Key Statistics
Prev. Close
297.72
Open
315.37
Day's Range
292.93-318.4
52 wk Range
94.11-438.5
Volume
12.56M
Average Volume (3m)
11.74M
1-Year Change
204.0573%
Book Value / Share
9.97
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
368.13
Upside
+25.63%
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
Neutral
Technical Indicators
Neutral
Moving Averages
Sell

Analyst Ratings

30 Buy
5 Hold
0 Sell
Ratings:
35 analysts
Overall Consensus
Strong Buy

Analysts 12-Month Price Target:

Average 368.13
(+25.63% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
B.Riley
Buy350.00+19.45%385.00MaintainJul 30, 2026
Wells Fargo
Buy350.00+19.45%450.00MaintainJul 30, 2026
Morgan Stanley
Buy367.00+25.25%404.00MaintainJul 30, 2026
Mizuho
Buy370.00+26.27%400.00MaintainJul 30, 2026
Evercore ISI
Buy355.00+21.15%-MaintainJul 21, 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 Q4/2026

  • Lam Research reported record Q4 2026 revenue of $6.72B, beating estimates, with EPS of $1.82 vs. $1.68 expected; shares rebounded 5.31% after hours.
  • Gross margin hit 52%, highest in 20 years, while operating margin reached 38.4%; full-year revenue totaled record $23.2B, up 41% from fiscal 2025.
  • Company raised long-term margin targets to mid-50% gross and mid-40% operating, driven by AI demand across NAND, DRAM, and advanced foundry logic.
  • September quarter guidance set at $8.1B revenue and $2.15 EPS; management lifted 2026 wafer-fab equipment spending outlook to low $150B range from $140B.
  • Executives cited 'extraordinary' 2027 setup with 8-10 new fabs launching, though China demand remains uneven and tight lead times limit upside flexibility.
Last Updated: 2026/07/30, 00:18
Read Full Transcript

Earnings

Latest Release
Jul 29, 2026
EPS / Forecast
1,82 / 1,68
Revenue / Forecast
6,72B / 6,65B
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 5.79%
Dividend Yield
0.35%
Industry Median 0.68%
Annualised 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
50.5x90.2x12.2x
PEG Ratio
1.30−1.010.01
Price/Book
29.4x9.0x2.4x
Price / LTM Sales
15.8x12.7x2.2x
Upside (Analyst Target)
22.9%26.3%38.5%
Fair Value Upside
Unlock−20.3%7.9%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
614,00M49,10%179,91B
Other Institutional Investors
456,56M36,51%133,78B
Public Companies & Retail Investors
180,00M14,39%52,74B
Total
1,25B100,00%366,44B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
BlackRock, Inc.10,62%132 852 32038 928 387
Vanguard Capital Management, LLC6,49%81 155 74423 780 256

FAQ

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

The Lam Research stock price today is 293,02 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 0.35%.

What Is the Lam Research Market Cap?

As of today, Lam Research market cap is 372,53B USD.

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

The Lam Research EPS (TTM) is 5,79.

When Is the Next Lam Research Earnings Date?

Lam Research will release its next earnings report on Oct 21, 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 Aug 01, 2026, Lam Research (LRCX) is trading at a price of 293,02 USD, with a previous close of 297,72 USD. The stock has fluctuated within a day range of 292,93 USD to 318,40 USD, while its 52-week range spans from 94,11 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 368,13 USD, with a high estimate of 500 USD and a low estimate of 290 USD. 30 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Strong Buy. The stock has an +25,63% Upside potential.

What Is the LRCX Premarket Price?

LRCX's last pre-market stock price is 315,05 USD. The pre-market share volume is 593 010,00, and the stock has decreased by 17,33, or 5,82%.

What Is the LRCX After Hours Price?

LRCX's last after hours stock price is 292,50 USD, the stock has decreased by -0,52, or -0,18%.
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