Lam Research Corporation (LRCX)
| Market Cap | 370.42B +193.6% |
| Revenue (ttm) | 23.23B +26.0% |
| Net Income | 7.27B +35.6% |
| EPS | 5.76 +38.8% |
| Shares Out | 1.25B |
| PE Ratio | 51.39 |
| Forward PE | 31.31 |
| Dividend | $1.04 (0.35%) |
| Ex-Dividend Date | Jun 17, 2026 |
| Volume | 12,528,775 |
| Open | 318.29 |
| Previous Close | 252.35 |
| Day's Range | 294.25 - 319.50 |
| 52-Week Range | 90.94 - 438.50 |
| Beta | 1.80 |
| Analysts | Strong Buy |
| Price Target | 368.39 (+24.44%) |
| Earnings Date | Jul 29, 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 that offers copper damascene manufacturing; SPEED gapfill high-density plasma chemical vapor depositi... [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 35 analysts, the average rating for LRCX stock is "Strong Buy." The 12-month stock price target is $368.39, which is an increase of 24.44% from the latest price.
News
Why Lam Research Stock Is Having Its Best Day Since 1999
The maker of semiconductor equipment posts stronger-than-expected fiscal fourth-quarter earnings.
Chip stocks rip higher, with Lam Research up 20% and Micron, AMD booming
Battered chip stocks rebounded on Thursday following strong earnings from Microsoft and Lam Research. Memory stocks Micron and Sandisk jumped as Samsung warned of a memory crunch into 2028.
Thursday Morning's Movers: MA, FTNT, LRCX Rally
Diane King Hall reports from a risk-on open at the New York Stock Exchange. Shares of Mastercard (MA) is higher after posting beats on earnings and revenue while boosting its full-year outlook as core...
Lam Research price target lowered to $350 from $385 at B. Riley
B. Riley lowered the firm’s price target on Lam Research (LRCX) to $350 from $385 and keeps a Buy rating on the shares. The print reinforces a bullish WFE outlook,…
Lam Research price target lowered to $320 from $385 at Deutsche Bank
Deutsche Bank analyst Melissa Weathers lowered the firm’s price target on Lam Research (LRCX) to $320 from $385 and keeps a Buy rating on the shares.
Lam Research price target lowered to $367 from $404 at Morgan Stanley
Morgan Stanley lowered the firm’s price target on Lam Research (LRCX) to $367 from $404 and keeps an Overweight rating on the shares. The firm, which now models shipment growth…
Lam Research price target raised to $340 from $315 at JPMorgan
JPMorgan analyst Harlan Sur raised the firm’s price target on Lam Research (LRCX) to $340 from $315 and keeps an Overweight rating on the shares. The company reported a “clean…
Lam Research price target raised to $360 from $340 at Bernstein
Bernstein raised the firm’s price target on Lam Research (LRCX) to $360 from $340 and keeps an Outperform rating on the shares. The firm says the company’s Q4 results were…
Microsoft, Meta, Lam Research, Shell, and More Stocks That Explain Today's Market
Investors are weighing up a batch of Big Tech earnings reports, which could help power a market rebound.
Lam Research price target lowered to $350 from $450 at Wells Fargo
Wells Fargo analyst Joe Quatrochi lowered the firm’s price target on Lam Research (LRCX) to $350 from $450 and keeps an Overweight rating on the shares. The firm expects Lam…
Lam Research price target raised to $335 from $315 at Jefferies
Jefferies raised the firm’s price target on Lam Research (LRCX) to $335 from $315 and keeps a Buy rating on the shares. The company reported a clean beat and raise…
Chip equipment maker Lam Research forecasts strong revenue on AI boom
Lam Research forecast first-quarter revenue above Wall Street estimates and beat expectations for quarterly revenue on Wednesday, as rising spending on AI infrastructure drove demand for its chipmak...
Lam Research Earnings Call Transcript: Q4 2026
Record quarterly results driven by strong NAND and CSBG growth, with revenue up 15% sequentially and 30% year-over-year. Guidance for the next quarter signals over 20% sequential revenue growth, with gross margin expected to remain strong. AI-driven demand and technology transitions are fueling long-term outperformance.
Lam Research Earnings release: Q4 2026
Lam Research released its Q4 2026 earnings on July 29, 2026, summarizing the period's financial results.
Lam Research sees Q3 adjusted gross margin 52% +/- 1%
Sees Q3 adjusted operating margin 39.5% +/- 1%
Lam Research reports Q2 non-GAAP gross margin as a percent of revenue of 52.0%
Reports non-GAAP operating margin as a percent of revenue of 38.4%.
Lam Research reports Q2 adjusted EPS $1.82, consensus $1.68
Reports Q2 revenue $6.72B, consensus $6.67B. “Lam delivered record revenue, operating margin and earnings per share in the June quarter as AI-driven demand continues to reshape the semiconductor indus...
Lam Research sees Q3 adjusted EPS $2.15 +/- 15c, consensus $1.83
Sees Q3 revenue $8.1B +/- $400M, consensus $7.09B
Lam Research Corporation Reports Financial Results for the Quarter Ended June 28, 2026
FREMONT, Calif., July 29, 2026 /PRNewswire/ -- Lam Research Corporation (the "Company," "Lam," "Lam Research") today announced financial results for the quarter ended June 28, 2026 (the "June 2026 qua...
Lam Research price target raised to $333 from $247 at HSBC
HSBC analyst Aditha Metuku raised the firm’s price target on Lam Research (LRCX) to $333 from $247 and keeps a Hold rating on the shares.
Semiconductor Crossroads: Healthy Consolidation or Deeper Repricing?
The semiconductor market, which has significantly outperformed the broader market in 2026 is seeing a pullback in July. The factors driving this rise include aggressive profit-taking, valuation concer...
Semiconductor ETFs Surge Ahead of Intel Earnings
Semiconductor exchange-traded funds have gained more than 25% this year. Intel Corporation's (INTC) second-quarter earnings report after today's close could test whether that rally continues.
What ASML Earnings Means for AMAT, Chip Manufacturers & AI Memory
Matt Dmytryszyn talks about what ASML's (ASML) earnings beat means for the greater AI chip trade. He says ASML Holding intends to raise prices for chipmaking equipment, which can impact companies like...
Buy GE Vernova, Lam Research, United Airlines stocks: Morgan Stanley
Morgan Stanley has identified three stocks that could outperform as the second-quarter earnings season gets underway. The Wall Street bank highlighted GE Vernova (NYSE: GEV), Lam Research (NASDAQ: LRC...