Lam Research Corporation LRCX
Nov 6, 2026, 2:28 PM EST
- YTD
- +16.16%
- 1 year
- +22.60%
- Market cap
- 248.98B
- Revenue (ttm)
- 26.13B
- Profit margin
- 32.34%
- EPS (ttm)
- 6.71
- Shares out
- 1.25B
- P/E ratio
- 29.65
- Forward P/E
- 18.10
- Dividend
- 1.32 (0.57%)
- Ex-dividend date
- Sep 22, 2026
- YTD return
- +16.16%
- 1-year return
- +22.60%
- Volume
- 11.26M
- Avg volume
- 9.71M
- Open
- 208.99
- Previous close
- 185.20
- Day's range
- 198.07 – 209.18
- 52-week range
- 135.50 – 438.50
- Beta
- 2.01
- Analysts
- Strong Buy
- Price target
- 364.03 (+83.1%)
- Earnings date
- Jan 27, 2027
YTD +14.31 (+7.73%)
Key statistics
- Enterprise value
- 284.51B
- PEG ratio
- 1.01
- Price / sales
- 10.61
- Price / book
- 19.89
- Dividend yield
- 0.57%
- Payout ratio
- 16.54%
- Revenue growth
- 54.40%
- Free cash flow
- 4.55B
- Total cash
- 7.44B
- Total debt
- 3.74B
- Return on equity
- 70.12%
- Short % of float
- 2.27%
- 50-day average
- 291.15
- 200-day average
- 284.33
Analyst view
Consensus: strong buy
- Target (low)
- 255.00
- Target (mean)
- 364.03
- Target (high)
- 500.00
- Strong buy5
- Buy25
- Hold4
- Sell0
- Strong sell0
Next earnings
Jan 27, 2027
Expected Jan 27, 2027. Consensus EPS estimate 2.35.
Financials — quick view
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Jan 27, 2027 | Dec 27, 2026 | 2.34 | — | — | — |
| Oct 21, 2026 | Sep 27, 2026 | 2.18 | 2.20 | +0.02 | +0.92% |
| Jul 29, 2026 | Jun 28, 2026 | 1.69 | 1.82 | +0.13 | +7.69% |
| Apr 22, 2026 | Mar 29, 2026 | 1.36 | 1.47 | +0.11 | +8.09% |
| Jan 28, 2026 | Dec 28, 2025 | 1.17 | 1.27 | +0.10 | +8.55% |
| Oct 22, 2025 | Sep 28, 2025 | 1.22 | 1.26 | +0.04 | +3.28% |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Oct 22, 2026 | UBS | main | Buy | Buy |
| Oct 22, 2026 | Citigroup | main | Buy | Buy |
| Oct 22, 2026 | Morgan Stanley | main | Overweight | Overweight |
| Oct 22, 2026 | Mizuho | main | Outperform | Outperform |
| Oct 22, 2026 | Needham | main | Buy | Buy |
| Oct 20, 2026 | Evercore ISI Group | main | Outperform | Outperform |
About Lam Research Corporation
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 for dielectric film solutions; and VECTOR plasma-enhanced chemical vapor deposition (CVD) products. It also provides Akara, a conductor etch system designed to enhance etch precision, selectivity, and defect control; Argos, Prevos, and Selis, which are selective etch systems used in the fabrication of advanced logic and memory devices that require precise control at nanoscale dimensions; Flex for dielectric etch applications; Vantex, a dielectric etch system that provides RF technology and repeatable wafer-to-wafer performance enabled by Equipment Intelligence solutions; Kiyo for conductor etch applications; Syndion for deep silicon etch; and Versys metal products for metal etch processes. In addition, the company offers Coronus bevel clean products to enhance die yield and Da Vinci, DV-Prime, EOS, and SP series products to address various wafer cleaning applications. Further, it provides Reliant deposition, etch, and clean products; Sense.i platform products; and customer service, spares, and upgrades. Lam Research Corporation was incorporated in 1980 and is headquartered in Fremont, California.
- Sector
- Technology
- Industry
- Semiconductor Equipment & Materials
- Country
- United States
- Website
- lamresearch.com
News
Chip Stocks Are Now Cheaper Than the S&P 500 — Something Unseen During the Entire AI Boom
Moderna, JFrog, TransMedics, Ubiquiti And Other Big Stocks Moving Higher On Friday
Chip Stocks Just Had Their Second-Worst Day on Record
Lam Research Unleashes $25 Billion Stock Buyback
October Payrolls Smash Estimates at 165K, Jobless Rate Falls to 4.1% (UPDATED)
Stock Market Today: Dow Jones, S&P 500, Nasdaq 100 Futures Trade Mixed as October Jobs Rose by 165,000— Airbnb, Cloudflare, Lam Research in Focus (UPDATED)
Jim Cramer Picks DuPont Over Xylem, Has Cold Feet on Lam Research
Lam Research Sure Picked a Good Time to Buy Back Its Own Stock
Chip Stocks Just Had Their Worst Day Since 2020: 28 of 30 Biggest Names Are in a Bear Market
Semiconductor Sell-Off: The Best Chip Stocks to Buy Right Now Before They Skyrocket Once Again
Your note
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| ARCHER TIMOTHY M | Chief Executive Officer | Sale | Oct 22, 2026 | 1,129,660 |
| BETTINGER DOUGLAS R | Chief Financial Officer | Sale | Mar 3, 2026 | 1,081,700 |
| BRANDT ERIC K | Director | Sale | Jun 11, 2026 | 144,705 |
| CANNON MICHAEL REYE | Director | Stock Award(Grant) | Nov 6, 2025 | 191,375 |
| CORREIA CHRISTINA | Officer | Stock Award(Grant) | Feb 26, 2026 | 57,168 |
| FERNANDES NEIL J | Officer | Sale | May 31, 2026 | 59,485 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Blackrock Inc. | 10.63% | 132,727,776 | 29.39B | Jun 29, 2026 |
| Vanguard Capital Management LLC | 6.54% | 81,683,639 | 18.09B | Jun 29, 2026 |
| State Street Corporation | 4.86% | 60,704,130 | 13.44B | Jun 29, 2026 |
| Invesco Ltd. | 4.19% | 52,319,973 | 11.59B | Jun 29, 2026 |
| JPMORGAN CHASE & CO | 3.63% | 45,317,479 | 10.03B | Jun 29, 2026 |
| Vanguard Portfolio Management LLC | 2.93% | 36,635,534 | 8.11B | Jun 29, 2026 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund | 3.18% | 39,701,312 | 8.79B | Jun 29, 2026 |
| VANGUARD INDEX FUNDS-Vanguard 500 Index Fund | 2.59% | 32,408,523 | 7.18B | Jun 29, 2026 |
| Invesco QQQ Trust, Series 1 | 2.09% | 26,136,973 | 5.79B | Sep 29, 2026 |
| iShares Trust-iShares Core S&P 500 ETF | 1.33% | 16,673,257 | 3.69B | Sep 29, 2026 |
| Fidelity Concord Street Trust-Fidelity 500 Index Fund | 1.30% | 16,262,122 | 3.60B | Sep 29, 2026 |
| SPDR S&P 500 ETF TRUST-State Street SPDR S&P 500 ETF Trust | 1.24% | 15,481,663 | 3.43B | Sep 29, 2026 |
