Lam Research Corporation (LRCX)
| Market Cap | 317.78B +61.2% |
| Revenue (ttm) | 26.13B +33.4% |
| Net Income | 8.45B +45.4% |
| EPS | 6.71 +48.1% |
| Shares Out | 1.25B |
| PE Ratio | 37.91 |
| Forward PE | 24.75 |
| Dividend | $1.32 (0.52%) |
| Ex-Dividend Date | Sep 23, 2026 |
| Volume | 9,781,924 |
| Open | 253.04 |
| Previous Close | 253.82 |
| Day's Range | 251.47 - 260.58 |
| 52-Week Range | 135.50 - 438.50 |
| Beta | 1.85 |
| Analysts | Strong Buy |
| Price Target | 364.03 (+43.1%) |
| Earnings Date | Oct 21, 2026 |
About LRCX
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 ... [Read more]
Financial Performance
In fiscal year 2026, Lam Research's revenue was $23.23 billion, an increase of 26.02% compared to the previous year's $18.44 billion. Earnings were $7.27 billion, an increase of 35.59%.
Financial StatementsAnalyst Summary
According to 34 analysts, the average rating for LRCX stock is "Strong Buy." The 12-month stock price target is $364.03, which is an increase of 43.10% from the latest price.
News
The Trouble for Chip-Equipment Stocks Could Be Just Getting Started
Lam Research, Applied Materials, and KLA are all under pressure. Citi believes there's even more downside potential after the three stocks have booked big declines as of late.
Lam Research stock falls 9% despite record results; this analyst sees stock doubling
Lam Research stock LRCX fell 10% on Thursday despite the chip-equipment maker reporting record fiscal first-quarter results, as supply constraints threatened to limit shipments and the company warned ...
Two big reasons Micron and other chip stocks are falling on Thursday
Investors are spooked by Tesla's cut to its near-term spending target and Lam Research's weaker-than-expected forecast,
Meta or Lam Research: One Stock Is a Buy After Today’s Selloff, but the Other Has More Upside, Says Barclays
Earnings season is proving unforgiving for tech stocks, with Meta Platforms (NASDAQ:META) and Lam Research (NASDAQ:LRCX) both suffering steep losses on Thursday despite delivering quarterly results th...
Lam Research price target lowered to $400 from $425 at UBS
UBS analyst Timothy Arcuri lowered the firm’s price target on Lam Research (LRCX) to $400 from $425 and keeps a Buy rating on the shares.
Stock Market Slides After META & TSLA Earnings, LRCX Sees Supply Hitting Backlog
The stock market is taking a step back ahead of Thursday's opening bell. Kevin Green helps investors digest the moves and earnings affecting price action, including Meta Platforms (META).
Lam Research price target lowered to $345 from $385 at BofA
BofA lowered the firm’s price target on Lam Research (LRCX) to $345 from $385 and keeps a Buy rating on the shares. September quarter sales and pro-forma EPS were each…
Lam Research price target lowered to $360 from $365 at Mizuho
Mizuho lowered the firm’s price target on Lam Research (LRCX) to $360 from $365 and keeps an Outperform rating on the shares. The firm views the company’s earnings report as…
Lam Research price target lowered to $290 from $390 at Needham
Needham lowered the firm’s price target on Lam Research (LRCX) to $290 from $390 and keeps a Buy rating on the shares. The company reported Q3 ahead of estimates on…
Chip Stock Rebound Comes Undone After Lam Research Stokes Spending Fears
Stock market sentiment is sensitive to AI spending fears which have returned on Thursday, with chip stocks falling across the board.
Lam Research price target lowered to $339 from $385 at Morgan Stanley
Morgan Stanley lowered the firm’s price target on Lam Research (LRCX) to $339 from $385 and keeps an Overweight rating on the shares. A December quarter expectations miss is “undoubtedly…
Lam Research price target lowered to $435 from $450 at Citi
Citi analyst Atif Malik lowered the firm’s price target on Lam Research (LRCX) to $435 from $450 and keeps a Buy rating on the shares. The firm cites lower market…
Why Lam Research Stock Slides After Hours, While QuantumScape Jumps — and Which One Wall Street Sees as a Strong Buy
Wednesday’s after-hours trading is proving that beating earnings expectations isn’t always enough to satisfy investors, while promising expansion plans can send a stock soaring. Lam Research (NASDAQ:L...
EARNINGS PANEL: META, TSLA, IBM, LRCX, TXN
Investors now have their first round of Mag 7 earnings with Meta Platforms (META) beating Wall Street estimates and doubling down on AI endeavors. Tesla (TSLA) beat but took a hit in its energy busine...
Lam Research Earnings Call Transcript: Q1 2027
September revenue reached $8.22B, up 54% YoY, with record 52.4% gross margin and 40.2% operating margin. AI-driven demand supports >$200B preliminary 2027 WFE, while supply constraints temper near-term shipments.
Lam Research Earnings release: Q1 2027
Lam Research released its Q1 2027 earnings on October 21, 2026, summarizing the period's financial results.
Lam Research Slides: Q1 2027
Lam Research has posted slides in relation to its Q1 2027 quarterly earnings report, which was published on October 21, 2026.
Lam Research Quarterly report: Q1 2027
Lam Research has published its Q1 2027 quarterly earnings report on October 21, 2026.
Lam Research reports Q3 adjusted EPS $2.20, consensus $2.18
Reports Q3 revenue $8.22B, consensus $8.14B. “With AI driving higher semiconductor demand and greater device complexity, our focus on operational execution helped Lam deliver record revenue, profit, a...
Lam Research sees Q4 adjusted EPS $2.33 +/- 15c, consensus $2.32
Sees Q4 revenue $8.6B +/- $400M, consensus $8.54M. Sees Q4 gross margin 52.5% +/- 1%.
Lam Research Corporation Reports Financial Results for the Quarter Ended September 27, 2026
FREMONT, Calif., Oct. 21, 2026 /PRNewswire/ -- Lam Research Corporation (the "Company," "Lam," "Lam Research") today announced financial results for the quarter ended September 27, 2026 (the "Septembe...
Lam Research price target lowered to $315 from $355 at Evercore ISI
Evercore ISI lowered the firm’s price target on Lam Research (LRCX) to $315 from $355 and keeps an Outperform rating on the shares. Lam is poised for a strong earnings…
NVDA, MU, AVGO & LRCX: Picking Winners in a Volatile AI Trade
Glen Smith says strong earnings and historical midterm trends support a positive market outlook, but high expectations make forward guidance increasingly important. He favors healthcare and financials...
Lam Research stock: Wyckoff points to more downside despite revenue growth
Lam Research stock has been in a strong freefall this month. It dropped to $263, its lowest level since July 29, and 40% below its highest point this year.