Lam Research (LRCX) Stock Price, News & Analysis

Company Overview

Lam Research Corporation (NASDAQ: LRCX) is a global supplier of wafer fabrication equipment and services to the semiconductor industry. Founded in 1980 by David K. Lam and headquartered in Fremont, California, the company develops and manufactures systems used in multiple stages of semiconductor device production, including thin film deposition, plasma etch, wafer cleaning and related process modules and automation.

Lam’s product portfolio covers core process technologies employed by logic and memory manufacturers, with equipment designed to support advanced-node patterning, 3D NAND and other emerging device architectures. In addition to hardware, the company provides software, spare parts, service, and process support intended to optimize tool performance and yield across customers’ fabrication operations.

The company serves semiconductor manufacturers worldwide and maintains engineering, manufacturing and support operations across major semiconductor markets to align closely with foundries, memory producers and integrated device manufacturers. Its global footprint enables collaboration on process integration and technology roadmaps in regions with high chip production and R&D activity.

Led by an executive team based in the United States, Lam Research emphasizes research and development, customer collaboration and equipment productivity as it supports the industry’s transition to more advanced and higher-density devices. The company is positioned as a key equipment supplier for companies pursuing scaling and complexity in modern semiconductor manufacturing.

Key Stats

• Today's Range: $303.18 to $309.98
• 50-Day Range: $199.93 to $305.35
• 52-Week Range: $79.49 to $309.98
• Volume: 7.85 million shs
• Average Volume: 9.48 million shs
• Market Capitalization: $381.86 billion
• P/E Ratio: 57.61
• Dividend Yield: 0.34%
• Price Target: $293.46
• Consensus Rating: Moderate Buy

Lam Research Stock Analysis - MarketRank™

Lam Research scored higher than 87% of companies evaluated by MarketBeat, and ranked 132nd out of 624 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Lam Research has received a consensus rating of Moderate Buy. The company's average rating score is 2.79, and is based on no strong buy ratings, 27 buy ratings, 7 hold ratings, and no sell ratings.

Upside/Downside

The consensus price target for Lam Research is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Lam Research has been the subject of 27 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 36.51%

Earnings Growth

Earnings for Lam Research are expected to grow by 36.51% in the coming year, from $5.67 to $7.74 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Lam Research is 57.61, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 38.98.

Price to Earnings Ratio vs. Sector

The P/E ratio of Lam Research is 57.61, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 79.07.

Price to Earnings Growth Ratio

Lam Research has a PEG Ratio of 2.50. 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 36.09. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.29% 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 3.05, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Lam Research has recently increased by 9.58%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Yield

Lam Research has a dividend yield of 0.34%, 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 19.62%. 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 13.44% next year. This indicates that Lam Research will be able to sustain or increase its dividend.

News and Social Media

• Score: 4.5 / 5
• News Sentiment: 1.14

News Sentiment

Lam Research has a news sentiment score of 1.14. 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 Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 85 news articles for Lam Research this week, compared to 15 articles on an average week.

Search Interest

174 people have searched for LRCX on MarketBeat in the last 30 days. This is an increase of 15% compared to the previous 30 days.

MarketBeat Follows

103 people have added Lam Research to their MarketBeat watchlist in the last 30 days. This is an increase of 186% 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 $27,953,242.00 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 4/8 Dividend: 3/04/2026
• Ex-Dividend for 4/8 Dividend: 3/04/2026
• Dividend Payable: 4/08/2026
• Last Earnings: 4/22/2026
• Today: 5/23/2026
• Bernstein 42nd Annual Strategic Decisions Conference: 5/27/2026
• Bank of America 2026 Global Technology Conference: 6/02/2026
• Record date for 7/8 Dividend: 6/17/2026
• Ex-Dividend for 7/8 Dividend: 6/17/2026
• Fiscal Year End: 6/30/2026
• Dividend Payable: 7/08/2026
• Next Earnings (Estimated): 7/29/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: ELEC COMP - SEMIC
• Sub-Industry: Semiconductor Equipment
• Current Symbol: NASDAQ:LRCX
• CIK: 707549
• Web: www.lamresearch.com
• Phone: (510) 572-0200
• Fax: 510-572-6454
• Employees: 19,000
• Year Founded: 1980

Price Target and Rating

• Average Price Target for Lam Research: $293.46
• High Price Target: $385.00
• Low Price Target: $110.00
• Potential Upside/Downside: -3.9%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.79
• Research Coverage: 34 Analysts

Profitability

• EPS (Trailing Twelve Months): $5.30
• Trailing P/E Ratio: 57.61
• Forward P/E Ratio: 53.85
• P/E Growth: 2.5
• Net Income: $5.36 billion
• Net Margins: 30.94%
• Pretax Margin: 34.53%
• Return on Equity: 66.21%
• Return on Assets: 31.61%

Debt

• Debt-to-Equity Ratio: 0.35
• Current Ratio: 2.54
• Quick Ratio: 1.77

Sales & Book Value

• Annual Sales: $18.44 billion
• Price / Sales: 20.71
• Cash Flow: $4.52 per share
• Price / Cash Flow: 67.63
• Book Value: $8.46 per share
• Price / Book: 36.09

Miscellaneous

• Outstanding Shares: 1,250,570,000
• Free Float: 1,246,694,000
• Market Cap: $381.86 billion
• Optionable: Optionable
• Beta: 1.81