Lam Research (LRCX) Stock Price, News & Analysis

Company Overview

Lam Research is a global supplier of equipment and services used to manufacture semiconductors. Its products help chipmakers create and process the microscopic structures that form integrated circuits.

The company’s wafer fabrication equipment is used for processes including etch, thin-film deposition and wafer cleaning. Lam also provides services such as equipment maintenance, upgrades, spare parts and other support for chip manufacturing operations.

Founded in 1980 and headquartered in Fremont, California, Lam Research serves semiconductor manufacturers around the world. Tim Archer has served as the company’s president and chief executive officer since 2018.

Key Stats

• Today's Range: $217.05 to $228.71
• 50-Day Range: $185.42 to $347.49
• 52-Week Range: $135.50 to $438.50
• Volume: 11.58 million shs
• Average Volume: 13.86 million shs
• Market Capitalization: $277.80 billion
• P/E Ratio: 32.74
• Dividend Yield: 0.59%
• Price Target: $357.57
• Consensus Rating: Moderate Buy

Lam Research Stock Analysis - MarketRank™

Lam Research scored higher than 100% of companies evaluated by MarketBeat, and ranked 7th out of 585 stocks in the technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Lam Research has received a consensus rating of Moderate Buy. The company's average rating score is 2.81, and is based on no strong buy ratings, 26 buy ratings, 6 hold ratings, and no sell ratings.

Upside Potential

Lam Research has a consensus price target of $357.57, representing about 60.8% upside from its current price of $222.39.

Amount of Analyst Coverage

Lam Research has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 23.75%

Earnings Growth

Earnings for Lam Research are expected to grow by 23.75% in the coming year, from $9.60 to $11.88 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Lam Research is 32.74, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 25.18.

Price to Earnings Ratio vs. Sector

The P/E ratio of Lam Research is 32.74, which means that it is trading at a less expensive P/E ratio than the Technology sector average P/E ratio of about 40.19.

Price to Earnings Growth Ratio

Lam Research has a PEG Ratio of 0.82. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Lam Research has a P/B Ratio of 19.98. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.21% of the float of Lam Research has been sold short.

Short Interest Ratio / Days to Cover

Lam Research has a short interest ratio ("days to cover") of 2.17, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Lam Research has recently decreased by 2.91%, indicating that investor sentiment is improving.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Yield

Lam Research has a dividend yield of 0.60%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Lam Research has been increasing its dividend for 10 years.

Dividend Coverage

The dividend payout ratio of Lam Research is 19.67%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Lam Research will have a dividend payout ratio of 11.11% next year. This indicates that Lam Research will be able to sustain or increase its dividend.

News and Social Media

• Score: 4.2 / 5
• News Sentiment: 0.76

News Sentiment

Lam Research has a news sentiment score of 0.76. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.50 average news sentiment score of Technology companies.

News Coverage This Week

MarketBeat has tracked 64 news articles for Lam Research this week, compared to 10 articles on an average week.

Search Interest

141 people have searched for LRCX on MarketBeat in the last 30 days. This is an increase of 22% compared to the previous 30 days.

MarketBeat Follows

79 people have added Lam Research to their MarketBeat watchlist in the last 30 days. This is an increase of 76% compared to the previous 30 days.

Company Ownership

• Score: 1.4 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Lam Research insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $4,523,606.00 in company stock.

Percentage Held by Insiders

0.31% of the stock of Lam Research is held by insiders.

Percentage Held by Institutions

84.61% of the stock of Lam Research is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Record date for 10/14 Dividend: 9/23/2026
• Ex-Dividend for 10/14 Dividend: 9/23/2026
• Dividend Payable: 10/14/2026
• Last Earnings: 10/21/2026
• Today: 11/10/2026
• Record date for 1/6 Dividend: 12/02/2026
• Ex-Dividend for 1/6 Dividend: 12/02/2026
• Dividend Payable: 1/06/2027
• Next Earnings (Estimated): 1/27/2027
• Fiscal Year End: 6/30/2027

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Technology
• Industry: Semiconductors & Semiconductor Equipment
• Sub-Industry: Semiconductor Materials & Equipment
• Current Symbol: NASDAQ:LRCX
• CIK: 707549
• Web: www.lamresearch.com
• Phone: (510) 572-0200
• Fax: 510-572-6454
• Employees: 23,300
• Year Founded: 1980

Price Target and Rating

• Average Price Target for Lam Research: $357.57
• High Price Target: $500.00
• Low Price Target: $260.00
• Potential Upside/Downside: +60.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.81
• Research Coverage: 32 Analysts

Profitability

• EPS (Trailing Twelve Months): $6.71
• Trailing P/E Ratio: 32.74
• Forward P/E Ratio: 18.72
• P/E Growth: 0.82
• Net Income: $7.27 billion
• Net Margins: 32.34%
• Pretax Margin: 37.18%
• Return on Equity: 72.15%
• Return on Assets: 36.92%

Debt

• Debt-to-Equity Ratio: 0.27
• Current Ratio: 2.48
• Quick Ratio: 1.86

Sales & Book Value

• Annual Sales: $23.23 billion
• Price / Sales: 11.96
• Cash Flow: $6.25 per share
• Price / Cash Flow: 35.60
• Book Value: $11.13 per share
• Price / Book: 19.98

Miscellaneous

• Outstanding Shares: 1,249,170,000
• Free Float: 1,245,299,000
• Market Cap: $277.80 billion
• Optionable: Optionable
• Beta: 1.97