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LRCX

Lam Research Corporation NMS · LRCX

$313.30 -7.66 (-2.39%)
Pullback · -1.26σ
Mkt cap $391.8B
P/E 59.2
Day $298.65 – $322.07
52wk $194.08 – $438.50
Avg vol 11.3M
Beta 1.80
Div yld 0.33%
Next earnings 2026-07-29

Quick read

Plain English

Lam Research Corporation is a major manufacturer of semiconductor processing equipment used in making integrated circuits, or computer chips. The company designs and sells the specialized machinery needed to fabricate chips at production facilities around the world, with a significant presence in markets including the United States, China, Korea, Taiwan, Japan, and Southeast Asia. As a semiconductor equipment supplier, Lam Research plays a critical role in the technology supply chain that powers everything from smartphones to data centers.

The stock recently closed at $346.10, posting a notable single-day gain of 4.9%. Over the past year, shares have traded within a range of $194.08 to $438.50, meaning the current price sits roughly in the middle of that band. From a technical perspective, the stock is in neutral territory, trading just slightly below its recent 21-day average, while the short-term momentum indicator RSI stands at 61.2, suggesting moderate but not extreme momentum.

Investors following Lam Research will likely keep watch on broader trends in semiconductor demand and industry capital spending, as equipment manufacturers tend to be sensitive to chip production cycles. The company's next earnings report is scheduled for July 29, 2026, which will provide updated guidance on order trends and revenue outlook. Additionally, any developments in global semiconductor policy or trade dynamics could impact the company's operations given its international customer base.

A plain-English snapshot built from the data on this page — not investment advice. Always do your own research.

Today's read

Grading desk →

KC1 lower, -1.32 ATR from EMA21 — no notable pattern

Long
score 20 · tech 20 / 80 · support 0 / 20
KC1 lower, -1.32 ATR from EMA21 · no notable pattern
  • · KC1 lower stretch — light dip
  • · Aligned with weak uptrend
How this grade was earned
total 20 pts
Cycle position 14
Market fit 6

Each bar shows how many points that factor added. The more points — and the more factors that agree — the higher the letter grade.

Short
score 9 · tech 9 / 80 · support 0 / 20
below KC1 upper, -1.32 ATR from EMA21 · no notable pattern
How this grade was earned
total 9 pts
Cycle position 6
Market fit 3

Each bar shows how many points that factor added. The more points — and the more factors that agree — the higher the letter grade.

132-Day Trend Zones

Full chart →
21 EMA +1 ATR +2 ATR −2 ATR
O H L C

Valuation & accounting

Valuation desk →

Our cash-flow model pegs fair value near $180.61 (fair range $44–$181); today's price sits 117% above that estimate. The model's verdict is “Overvalued” and accounting quality screens as Strong. Model estimates only — do your own due diligence.

Intrinsic (DCF)
$180.61
Fair-value range
$44.23 – $180.61
Margin of safety
-117%
Verdict
Overvalued
Accounting quality Strong
  • ✓ More cash than debt
  • ✓ Current ratio 2.21 (antifragile)
  • ✓ Goodwill 8% of assets (organic growth)
  • ✓ Positive retained earnings
  • ⚠ Receivables growing faster than revenue

Price implies ~38% growth (vs trailing rev yoy). Model estimate — do your own due diligence.

Key statistics

All statistics →

LRCX is a $391.8 billion company, priced at 59× last year's earnings, and it moves harder than the market (beta 1.8).

Mkt cap $391.8B
P/E ttm 59.2
Fwd P/E 38.8
Beta 1.80
Day range $298.65 – $322.07
52w range $194.08 – $438.50
Avg vol 11.3M
RSI(2) 11.2
ROE 66.8%
Net mgn 30.9%
FCF mgn 20.1%
Debt/Eq 0.35
Div yld 0.33%
Sector Technology
Industry Semiconductor Equipment & Materials
Next earn 2026-07-29
52-week range · today's price
$194.08$438.50

More on LRCX

Options idea

See more →
CALL $310 2026-08-21
$39.42
PUT $340 2026-08-21
$53.65

Earnings

See more →
Last reported
2026-04-22
EPS (act / est)
1.47 / 1.36
Surprise
+7.9%
Next report
2026-07-29

About

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 el…