Inside the research

Lam Research Corporation

LRCX Research profile · latest available data

Price overview

$315.21

▲ +8.05 (+2.6%)

52w hi$432.87
52w lo$127.54
Vol8.14M
As of25 Sep 2026

The Verdict

Hold

Our score +0.18

Short-0.47
Medium+0.52
Long+0.80

computed 2026-09-27

Key fundamentals

Lam Research Corporation

Technology · Semiconductor Equipment & Materials

Market cap$394.46B
Enterprise value$392.97B
Trailing P/E54.63x
Forward P/E26.85x
EV / EBITDA45.48x
P / S (ttm)16.98x
Profit margin31.3%
Return on equity65.1%
Revenue growth+30.0%
Earnings growth+34.8%
Debt / equity33.05

Layer Breakdown

LayerRawContribution
Fundamental+0.31
Sector+0.24
Technical-0.20
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-09-27

Business overview

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.

United States · www.lamresearch.com

Risk Metrics

Beta vs SPX2.28
Corr SPX0.65
Annual vol56.8%
Annual ret+86.4%
Sharpe1.52
Max DD-41.8%

Window: 504 trading days (504 obs)

Analyst Coverage

Mean PT$310.47
High / Low$385.00 / $220.00
Median$315.00
Analysts32
Strong Buy3
Buy25
Hold7
Sell0
Strong Sell1

Recent rating actions

2026-05-05Seaport Global→ Buy
2026-04-23Wells Fargo→ Overweight
2026-04-23TD Cowen→ Buy
2026-04-23Stifel→ Buy
2026-04-23RBC Capital→ Outperform
2026-04-23Needham→ Buy

Officers & Board

FounderDavid K. Lam current

Material Events

DateEvent8-K
2026-07-29Earnings Release, Exhibitsread
2026-04-22Earnings Release, Exhibitsread
2026-02-03Officer / Director Change, Exhibitsread
2026-01-28Earnings Release, Exhibitsread
2025-11-063.03, Officer / Director Change…read
2025-10-22Earnings Release, Exhibitsread
2025-09-11Auditor Change, Exhibitsread
2025-07-30Earnings Release, Exhibitsread
2025-05-21Bylaws Amendment, Exhibitsread
2025-04-23Earnings Release, Exhibitsread
2025-01-29Earnings Release, Exhibitsread
2025-01-29Material Agreement, Material Obligation…read

Insider Trades

DateInsiderRoleActionSharesValue
2026-08-06ARCHER TIMOTHYPresident and CEOOption exercise30.00K$900.99K
2026-08-06ARCHER TIMOTHYPresident and CEOSell30.00K$9.00M
2026-08-05Harter AvaChief Legal OfficerWithheld for tax5.79K$1.78M
2026-07-13TALWALKAR ABHIJIT YSell18.28K$6.12M
2026-07-02ARCHER TIMOTHYPresident and CEOOption exercise30.00K$900.99K
2026-07-02ARCHER TIMOTHYPresident and CEOSell30.00K$11.70M
2026-06-12BRANDT ERICSell300$106.71K
2026-06-12BRANDT ERICSell1.39K$497.64K
2026-06-12BRANDT ERICSell1.10K$393.78K
2026-06-12BRANDT ERICSell3.83K$1.37M

Flow & Concentration

Insider 180d net-$74.52M
Insider buys / sells0 / 49
Insider biasSellers
13F holders10
Top-5 share94.4%
HHI3,370 (concentrated)

Top Holders

HolderValueShares
State Street Corp$26.32B60.70M
Fidelity / FMR LLC$14.59B33.68M
Citadel Advisors$3.91B9.03M
Capital Research / Capital World$3.48B8.02M
AQR Capital Management$1.51B3.49M
Tiger Global Management$1.37B3.16M
Millennium Management$1.16B2.68M
Bridgewater Associates$406.56M938.22K
Renaissance Technologies$13.69M31.60K
T. Rowe Price Group$10.66M24.60M

As of 2026-06-30

Connections

Customers: 005930.KS, TSM

Dividends

Yield (TTM)0.16%
$ / share (TTM)$0.52
5y CAGR+14.9%

Annual dividend per share

2021$0.56
2022$0.65
2023$0.74
2024$0.86
2025$0.98
2026$0.26

SEC Filings

DateFormDoc
2026-08-0710-Kview
2026-08-074view
2026-08-064view
2026-07-298-Kview
2026-07-144view
2026-07-064view
2026-06-2511-Kview
2026-06-154view
2026-06-154view
2026-06-024view
2026-05-044view
2026-04-284view
2026-04-2310-Qview
2026-04-228-Kview
2026-03-114view

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%

Indices

NASDAQ-100S&P 500

Recent Sessions

DateOpenHighLowCloseVol
Sep 25$309.18$317.13$307.50$315.218.14M
Sep 24$301.86$307.22$298.86$307.167.90M
Sep 23$307.50$309.75$298.56$307.289.64M
Sep 22$296.82$311.39$296.08$310.969.29M
Sep 21$292.49$305.69$290.04$302.2811.34M

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