Lam Research Corporation
LRCX
NASDAQ·Technology·Semiconductors·Mkt cap $377.5B
$301.90
▼ -5.24%
P/E
52.32
Mkt Cap
$377.5B
52-Wk Range
$94.11–$438.50
52-Week Range
$94.11 - $438.50
P/E
Fwd P/E
Beta
Div Yield
Avg Vol
Shares Out
Mkt Cap
Price action
Price chart
Up 201.4% over the trailing year
Total returns
Price performance
Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.
Why we rate it this way
The thesis at a glance
Bull and bear case · plain-English context across the five lenses we evaluate.
Bull Case
5 reasons
- Comprehensive integrated product portfolio covering multiple semiconductor manufacturing processes
- Deep technological expertise in advanced deposition, etching, and cleaning technologies
- Strong customer relationships with leading global semiconductor manufacturers
- Established service and support infrastructure across key international markets
- Continuous innovation in process technologies enabling next-generation chip manufacturing
Bear Case
1 risk
- Above-average volatility (beta 1.9).
Growth
Strong growth ahead
Increased semiconductor fab capital expenditure driven by AI, data center, and advanced computing demand
Value
Fairly valued vs Semiconductor Equipment peers
Momentum
Weak
-5.1% over 3m
Quality
Strong
Excellent business quality
Dividend
Token
0.34% yield
Smart-money signal
Who's buying LRCX right now
Insider Form 4s, 13F institutional filings, and Congressional disclosures - at a glance.
Earnings track record
Latest print - beat on both lines
AI-summarized recap of last quarter, plus the surprise on every print.
Next: Oct 21, 2026
JUL 29, 2026
Reported EPS of $1.82 vs $1.69 consensus (+7.7% surprise). Revenue of $6.7B vs $6.7B expected (+0.9%). Beat on both top and bottom lines.
EPS surprise · last 4Q
1 of 1 beats
Estimate
Actual
Q3 26
+7.7%
Revenue trend · last 8Q
—
+16%
+24%
+34%
+28%
+22%
+24%
+30%
Q1 24
Q2 24
Q3 25
Q4 25
Q1 25
Q2 25
Q3 26
Q4 26
$4.2B
$4.4B
$4.7B
$5.2B
$5.3B
$5.3B
$5.8B
$6.7B
Margins · last 8Q
Gross
51.8%
Operating
37.4%
Profit
33.9%
Wall Street consensus
19 analysts · 95% Buy
Live ratings and price targets aggregated across covering analysts.
Buy
95%
Hold
5%
Sell
0%
Median Price Target
$500.00
▲ +65.6% vs $301.90
Latest: Jefferies · Jul 30, 2026
2 analysts covering
vs Industry
How LRCX stacks vs Semiconductors
Stock metrics vs industry averages. Green = better than industry.
Industry comparison data unavailable for this stock.
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