The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

LRCX

Concerning the House

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 deposition (CVD) products; Striker single-wafer atomic layer deposition products for dielectric film solutions; and VECTOR plasma-enhanced CVD products. It also provides 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 through-silicon via etch applications; 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; and Sense.i platform products, as well as customer service, spares, and upgrades. Lam Research Corporation was incorporated in 1980 and is headquartered in Fremont, California.

United States · www.lamresearch.com

The Long Run

FY 2011–2025 · 15 years

LineLatestCAGRTrend
Revenue$18.44B+13.2%
Gross profit$7.78B+23.9%
Operating income$5.90B+22.4%
Net income$4.51B+20.1%
Cash from ops$5.18B+21.8%
Quotation

$337.01

+10.90 (+3.3%)

52w hi$433.33
52w lo$96.50
Vol8.89M
As ofAug 13
The Verdict

Hold

Our score +0.29

Short-0.19
Medium+0.54
Long+0.71

computed 2026-08-13

By the Numbers

Lam Research Corporation

Technology · Semiconductor Equipment & Materials

Market cap$421.71B
Enterprise value$406.61B
Trailing P/E58.41x
Forward P/E29.16x
EV / EBITDA47.05x
P / S (ttm)18.15x
Profit margin31.3%
Return on equity65.1%
Revenue growth+30.0%
Earnings growth+34.8%
Debt / equity33.05
Risk Metrics
Beta vs SPX2.30
Corr SPX0.67
Annual vol56.1%
Annual ret+87.7%
Sharpe1.56
Max DD-41.8%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.30
Sector+0.19
Technical-0.03
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$327.62$345.12$324.01$337.018.89M
Aug 12$326.84$329.49$323.50$326.118.08M
Aug 11$315.03$316.86$309.35$311.417.67M
Aug 10$319.50$319.99$305.50$306.407.02M
Aug 7$311.87$315.59$303.83$311.356.71M