Lam Research Corp (LRCX)

Currency in USD
311.47
-3.19(-1.01%)
Real-time Data·
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Fair Value
Day's Range
308.05315.62
52 wk Range
94.11438.50
Key Statistics
Prev. Close
314.66
Open
314.66
Day's Range
308.05-315.62
52 wk Range
94.11-438.5
Volume
1.38M
Average Volume (3m)
11.49M
1-Year Change
200.6948%
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
371.19
Upside
+19.17%
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
Sell
Technical Indicators
Neutral
Moving Averages
Strong Sell

Analyst Ratings

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

Analysts 12-Month Price Target:

Average 371.19
(+19.17% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Mizuho
Buy365.00+17.29%370.00Maintain25-08-2026
Bernstein SocGen Group
Buy385.00+23.72%360.00Maintain10-08-2026
B.Riley
Buy350.00+12.47%385.00Maintain30-07-2026
Wells Fargo
Buy350.00+12.47%450.00Maintain30-07-2026
Morgan Stanley
Buy367.00+17.93%404.00Maintain30-07-2026

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: 30-07-2026, 03:48 am
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 0.68%
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
53.8x47.4x12.3x
PEG Ratio
1.400.740.01
Price/Book
31.4x11.7x2.4x
Price / LTM Sales
16.8x13.5x2.2x
Upside (Analyst Target)
16.6%24.8%35.2%
Fair Value Upside
Unlock−15.1%5.9%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, 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
611.73M48.89%189.74B
Other Institutional Investors
485.15M38.77%150.48B
Public Companies & Retail Investors
154.44M12.34%47.90B
Total
1.25B100.00%388.12B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
BlackRock, Inc.10.61%13,27,27,7764,11,68,174
Vanguard Capital Management, LLC7.10%8,88,69,9362,75,64,788

FAQ

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

The Lam Research share price today is 311.47.

What is the current Lam Research (LRCX) share price and day range?

As of 26-08-2026, the Lam Research share price is 311.47, with a previous close of 314.66. The share price has ranged from 308.05 to 315.62 today, while the 52-week range spans from 94.11 to 438.50.

What Is the Lam Research Market Cap?

As of today, Lam Research market cap is 390.30B.

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

The Lam Research dividend yield is 0.34%.

What Is the Lam Research (LRCX) Share Price Target?

The average 12-month share price target for Lam Research is 371.19, with a high estimate of 500 and a low estimate of 290. 29 analysts recommend buying, while 0 suggest selling, with an overall rating of Strong Buy and +19.17% Upside potential.

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

The Lam Research EPS (TTM) is 5.76.

When Is the Next Lam Research Earnings Date?

Lam Research will release its next earnings report on 21-10-2026.

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 Sell.

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."

How Many Times Has Lam Research Stock Split?

Lam Research has split 3 times.

How Many Employees Does Lam Research Have?

Lam Research has 23300 employees.

What Is the LRCX Premarket Price?

LRCX's last pre-market stock price is 314.01. The pre-market share volume is 17,410.00, and the stock has changed by -0.65, or -0.21%.

What Is the LRCX After Hours Price?

LRCX's last after hours stock price is 313.01, the stock has changed by -1.65, or -0.52%.
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