Lam Research (LRCX) Stock Price, News & Analysis

Company Overview

Lam Research Corporation (NASDAQ:LRCX) is a semiconductor equipment company that develops and manufactures systems used to fabricate integrated circuits. Its technologies support key stages of wafer processing, helping semiconductor manufacturers create the increasingly complex structures found in memory, logic and other types of chips.

The company’s product portfolio includes etch systems, which selectively remove materials from wafers; deposition systems, which apply thin films; and cleaning solutions used to remove contaminants and residue during manufacturing. Lam also provides wafer fabrication equipment for specialized processes, as well as customer support, spare parts, upgrades and other services intended to help manufacturers maintain and improve production performance.

Founded in 1980 by David K. Lam, the company is headquartered in Fremont, California, and serves semiconductor manufacturers and related customers worldwide. Lam Research operates across major semiconductor-producing regions, including the United States, Asia and Europe. Tim Archer has served as the company’s president and chief executive officer since 2018.

Key Stats

• Today's Range: $275.60 to $275.60
• 50-Day Range: $263.94 to $347.49
• 52-Week Range: $135.50 to $438.50
• Volume: 112,595 shs
• Average Volume: 10.62 million shs
• Market Capitalization: $344.32 billion
• P/E Ratio: 47.85
• Dividend Yield: 0.48%
• Price Target: $364.59
• Consensus Rating: Moderate Buy

Lam Research Stock Analysis - MarketRank™

Lam Research scored higher than 99% of companies evaluated by MarketBeat, and ranked 15th out of 590 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 2.88, and is based on 1 strong buy rating, 26 buy ratings, 5 hold ratings, and no sell ratings.

Upside Potential

Lam Research has a consensus price target of $364.59, representing about 38.1% upside from its current price of $263.94.

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: 2.5 / 5
• Proj. Earnings Growth: 22.38%

Earnings Growth

Earnings for Lam Research are expected to grow by 22.38% in the coming year, from $9.34 to $11.43 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Lam Research is 45.82, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 38.72.

Price to Earnings Ratio vs. Sector

The P/E ratio of Lam Research is 45.82, which means that it is trading at a less expensive P/E ratio than the Technology sector average P/E ratio of about 76.93.

Price to Earnings Growth Ratio

Lam Research has a PEG Ratio of 1.05. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Lam Research has a P/B Ratio of 26.47. 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

2.07% 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 2.62, 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 1.04%, indicating that investor sentiment is improving.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Yield

Lam Research has a dividend yield of 0.48%, 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 22.92%. 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 11.55% next year. This indicates that Lam Research will be able to sustain or increase its dividend.

News and Social Media

• Score: 4.4 / 5
• News Sentiment: 1.07

News Sentiment

Lam Research has a news sentiment score of 1.07. 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 0.53 average news sentiment score of Technology companies.

News Coverage This Week

MarketBeat has tracked 56 news articles for Lam Research this week, compared to 10 articles on an average week.

Search Interest

100 people have searched for LRCX on MarketBeat in the last 30 days. This is an increase of 16% compared to the previous 30 days.

MarketBeat Follows

83 people have added Lam Research to their MarketBeat watchlist in the last 30 days. This is an increase of 196% 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 $4,520,270.00 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

• Last Earnings: 7/29/2026
• Record date for 10/14 Dividend: 9/23/2026
• Ex-Dividend for 10/14 Dividend: 9/23/2026
• Dividend Payable: 10/14/2026
• Today: 10/19/2026
• Next Earnings (Estimated): 10/21/2026
• AGM 2026: 11/03/2026
• 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: $364.59
• High Price Target: $500.00
• Low Price Target: $184.20
• Potential Upside/Downside: +38.1%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.88
• Research Coverage: 32 Analysts

Profitability

• EPS (Trailing Twelve Months): $5.76
• Trailing P/E Ratio: 45.82
• Forward P/E Ratio: 28.26
• P/E Growth: 1.05
• Net Income: $7.27 billion
• Net Margins: 31.27%
• Pretax Margin: 35.56%
• Return on Equity: 67.60%
• Return on Assets: 33.48%

Debt

• Debt-to-Equity Ratio: 0.30
• Current Ratio: 2.63
• Quick Ratio: 1.91

Sales & Book Value

• Annual Sales: $23.23 billion
• Price / Sales: 14.22
• Cash Flow: $6.22 per share
• Price / Cash Flow: 42.45
• Book Value: $9.97 per share
• Price / Book: 26.47

Miscellaneous

• Outstanding Shares: 1,251,424,000
• Free Float: 1,247,545,000
• Market Cap: $330.30 billion
• Optionable: Optionable
• Beta: 1.85