Lam Research Corp (LRCX)

Currency in USD
311.35
+5.58(+1.82%)
Closed·
311.52+0.17(+0.05%)
·
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Fair Value
Day's Range
303.83315.59
52 wk Range
94.11438.50
Key Statistics
Prev. Close
305.77
Open
311.87
Day's Range
303.83-315.59
52 wk Range
94.11-438.5
Volume
6.71M
Average Volume (3m)
11.66M
1-Year Change
205.9951%
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
+18.24%
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 Buy
Technical Indicators
Strong Buy
Moving Averages
Strong Buy

Analyst Ratings

29 Buy
6 Hold
0 Sell
Ratings:
35 analysts
Overall Consensus
Strong Buy

Analysts 12-Month Price Target:

Average 368.13
(+18.24% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
B.Riley
Buy350.00+12.41%385.00Maintain30/07/2026
Wells Fargo
Buy350.00+12.41%450.00Maintain30/07/2026
Morgan Stanley
Buy367.00+17.87%404.00Maintain30/07/2026
Mizuho
Buy370.00+18.84%400.00Maintain30/07/2026
Evercore ISI
Buy355.00+14.02%-Maintain21/07/2026

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: 29/07/2026, 23:18
Read Full Transcript

Earnings

Latest Release
29/07/2026
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 5.76%
Dividend Yield
0.34%
Industry Median 0.70%
Annualised payout
1.04
Paid quarterly
5-Years Growth
+14.87%
Growth Streak

Compare LRCX to Peers and Sector

Metrics to compare
LRCX
Peers
Sector
Relationship
P/E Ratio
53.6x82.8x12.6x
PEG Ratio
1.380.340.01
Price/Book
31.2x9.8x2.4x
Price / LTM Sales
16.8x13.4x2.3x
Upside (Analyst Target)
15.6%23.1%31.6%
Fair Value Upside
Unlock−19.3%3.8%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
615.67M49.20%191.69B
Other Institutional Investors
455.67M36.42%141.87B
Public Companies & Retail Investors
179.93M14.38%56.02B
Total
1.25B100.00%389.58B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
BlackRock, Inc.10.62%132,852,32041,363,570
Vanguard Capital Management, LLC7.06%88,362,91727,511,794

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FAQ

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

The Lam Research stock price today is 311.35 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 0.34%.

What Is the Current Lam Research Market Capitalisation?

As of today, Lam Research (NASDAQ: LRCX) market cap is 389.60B USD.

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

The Lam Research EPS is currently 5.76 (Trailing Twelve Months).

When Is the Next Lam Research Earnings Date?

Lam Research's next earnings report will be released on 21/10/2026.

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 Buy.

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 20600 employees, based on their latest Companies House report.

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

As of 09/08/2026, Lam Research (LRCX) is trading at a share price of 311.35 USD, with a previous close of 305.77 USD. The stock has fluctuated within a day range of 303.83 USD to 315.59 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. 29 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Strong Buy. The stock has an +18.24% Upside potential.

What Is the LRCX Premarket Price?

LRCX's last pre-market stock price is 314.29 USD. The pre-market share volume is 94,510.00, and the stock has decreased by 8.52, or 2.79%.

What Is the LRCX After Hours Price?

LRCX's last after hours stock price is 311.52 USD, the stock has decreased by 0.17, or 0.05%.
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