Lam Research Corp (LRCX)

Currency in USD
239.11
-15.28(-6.01%)
Closed·
240.24+1.13(+0.47%)
·
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Fair Value
Day's Range
232.61244.48
52 wk Range
135.50438.50
Key Statistics
Prev. Close
239.11
Open
239.45
Day's Range
232.61-244.48
52 wk Range
135.5-438.5
Volume
18.73M
Average Volume (3m)
9.34M
1-Year Change
51.8544%
Book Value / Share
11.11
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
364.03
Upside
+52.25%
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
Sell

Analyst Ratings

30 Buy
4 Hold
0 Sell
Ratings:
34 analysts
Overall Consensus
Strong Buy

Analysts 12-Month Price Target:

Average 364.03
(+52.25% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
UBS
Buy400.00+67.29%425.00Maintain22/10/2026
Bernstein SocGen Group
Buy350.00+46.38%385.00Maintain22/10/2026
Morgan Stanley
Buy339.00+41.78%385.00Maintain22/10/2026
BofA Securities
Buy345.00+44.29%385.00Maintain22/10/2026
Citi
Buy435.00+81.92%450.00Maintain22/10/2026

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 Q1/2027

  • Lam Research posted record Q1 FY2027 results with revenue of $8.22B (+54% YoY) and EPS of $2.20, narrowly beating estimates.
  • Operating margin exceeded 40% for first time; shares fell 6.25% after-hours on supply chain concerns and modest guidance beat.
  • December quarter guidance: $8.6B revenue, $2.33 EPS; management noted supply constraints limited stronger outlook potential.
  • Company projects 2026 systems revenue growth exceeding 40% YoY; expects wafer fab equipment market to surpass $200B in 2027.
  • Aether-related revenue forecast raised to $2.5B by decade's end; advanced packaging expected to grow over 70% in 2026.
Last Updated: 21/10/2026, 23:14
Read Full Transcript

Earnings

Latest Release
21/10/2026
EPS / Forecast
2.20 / 2.18
Revenue / Forecast
8.22B / 8.13B
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 6.75
Dividend Yield
0.55%
Industry Median 0.71%
Annualised payout
1.32
Paid quarterly
5-Years Growth
+15.50%
Growth Streak

Compare LRCX to Peers and Sector

Metrics to compare
LRCX
Peers
Sector
Relationship
P/E Ratio
35.3x35.3x11.4x
PEG Ratio
0.731.130.01
Price/Book
21.5x10.9x2.4x
Price / LTM Sales
11.4x10.2x2.1x
Upside (Analyst Target)
52.2%40.8%49.3%
Fair Value Upside
Unlock−0.2%10.7%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, which support copper damascene manufacturing; Striker single-wafer atomic layer deposition products for dielectric film solutions; and VECTOR plasma-enhanced chemical vapor deposition (CVD) products. It also provides Akara, a conductor etch system designed to enhance etch precision, selectivity, and defect control; Argos, Prevos, and Selis, which are selective etch systems used in the fabrication of advanced logic and memory devices that require precise control at nanoscale dimensions; 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 deep silicon etch; 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; Sense.i platform products; and 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
612.14M49.00%146.37B
Other Institutional Investors
488.31M39.09%116.76B
Public Companies & Retail Investors
148.73M11.91%35.56B
Total
1.25B100.00%298.69B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
BlackRock, Inc.10.63%132,727,77631,736,539
Vanguard Capital Management, LLC7.11%88,869,93621,249,690

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FAQ

What Is the Lam Research (NASDAQ: LRCX) Share Price Today?

The Lam Research stock price today is 239.11 USD.

What Stock Exchange Does Lam Research (LRCX) Trade On?

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

What Is the Ticker (Stock Symbol) for Lam Research?

The stock symbol (also called a 'ticker') for Lam Research is "LRCX."

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

Yes, LRCX Pays Dividends to its Shareholders. The current Lam Research dividend yield is 0.6%%.

What Is the Current Lam Research Market Capitalisation?

As of today, Lam Research (NASDAQ: LRCX) market cap is 298.69B USD.

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

The Lam Research EPS is currently 6.75 (Trailing Twelve Months).

When Is the Next Lam Research Earnings Date?

Lam Research's next earnings report will be released on 27/01/2027.

Is LRCX a Buy or Sell From a Technical Analyst Perspective?

Based on today's Lam Research moving averages and other technical indicators, the daily buy/sell signal for LRCX stock is Strong Sell.

How Many Times Has Lam Research Stock Split?

Lam Research has split 3 times. (See the LRCX stock split history page for full effective split date and price information.)

How Many Employees Does Lam Research Have?

Lam Research has 24300 employees, based on their latest Companies House report.

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

As of 01/11/2026, Lam Research (LRCX) is trading at a share price of 239.11 USD, with a previous close of 239.11 USD. The stock has fluctuated within a day range of 232.61 USD to 244.48 USD, while its 52-week range spans from 135.50 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 364.03 USD, with a high estimate of 500 USD and a low estimate of 255 USD. 30 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Strong Buy. The stock has an +52.25% Upside potential.

What Is the LRCX Premarket Price?

LRCX's last pre-market stock price is 239.00 USD. The pre-market share volume is 289,660.00, and the stock has decreased by -15.39, or -6.05%.

What Is the LRCX After Hours Price?

LRCX's last after hours stock price is 240.24 USD, the stock has decreased by 1.13, or 0.47%.
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