Lam Research Corporation (LRCX)

US — Technology Sector
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Key Metrics & Ratings

  • symbol LRCX
  • Rev/Share 16.3224
  • Book/Share 8.0542
  • PB 30.4091
  • Debt/Equity 0.4419
  • CurrentRatio 2.2562
  • ROIC 0.3861

 

  • MktCap 305848993320.0
  • FreeCF/Share 5.2885
  • PFCF 45.9122
  • PE 49.6529
  • Debt/Assets 0.2096
  • DivYield 0.004
  • ROE 0.6259

 

  • Rating B+
  • Score 3
  • Recommendation Neutral
  • P/E Score 2
  • DCF Score 3
  • P/B Score 1
  • D/E Score 2

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Upgrade LRCX Summit Insights Hold Buy -- -- Jan. 29, 2026
Reiterated LRCX TD Cowen -- Buy $170 $290 Jan. 29, 2026
Upgrade LRCX Wells Fargo Equal Weight Overweight -- $250 Jan. 15, 2026
Initiation LRCX RBC Capital Mkts -- Outperform -- $260 Jan. 15, 2026
Reiterated LRCX TD Cowen -- Buy $145 $170 Oct. 23, 2025
Initiation LRCX HSBC Securities -- Hold -- $127 Sept. 30, 2025
Upgrade LRCX Deutsche Bank Hold Buy -- $150 Sept. 29, 2025
Downgrade LRCX KeyBanc Capital Markets Overweight Sector Weight -- -- Sept. 23, 2025
Upgrade LRCX Morgan Stanley Underweight Equal Weight -- $125 Sept. 22, 2025
Downgrade LRCX Morgan Stanley Equal Weight Underweight -- $92 Sept. 2, 2025

News

3 Reasons Growth Investors Will Love Lam Research (LRCX)
LRCX
Published: February 20, 2026 by: Zacks Investment Research
Sentiment: Positive

Lam Research (LRCX) could produce exceptional returns because of its solid growth attributes.

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image for news 3 Reasons Growth Investors Will Love Lam Research (LRCX)
Artisan Select Equity Fund Q4 2025 Portfolio Activity
GOOG, LRCX, META, SSNLF, UMGNF
Published: February 19, 2026 by: Seeking Alpha
Sentiment: Neutral

The semiconductor business is notoriously cyclical. In the past, the boom times led to overcapacity and periods of poor performance. Our top-performing stocks this quarter were Samsung, Alphabet and Lam Research Corp. Our worst performers were Meta, Progressive and Universal Music.

Read More
image for news Artisan Select Equity Fund Q4 2025 Portfolio Activity
How Lam Research Stock Rewrote The Playbook
LRCX
Published: February 18, 2026 by: Forbes
Sentiment: Positive

During the year-long duration concluding on 2/13/2026, Lam Research (LRCX) experienced a stock increase of 185%, driven by rapid revenue growth and margins amid thriving AI-driven markets. However, a notable 7.6% drop following the earnings report in late January highlighted investors' caution amidst technological volatility, creating a dynamic environment going forward.

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image for news How Lam Research Stock Rewrote The Playbook
Is Lam Research (LRCX) a Buy as Wall Street Analysts Look Optimistic?
LRCX
Published: February 18, 2026 by: Zacks Investment Research
Sentiment: Neutral

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

Read More
image for news Is Lam Research (LRCX) a Buy as Wall Street Analysts Look Optimistic?
Lam Research Deepens Investment in Boise to Support Projected Growth in U.S. Semiconductor Manufacturing
LRCX
Published: February 17, 2026 by: PRNewsWire
Sentiment: Neutral

U.S. Senator Risch, Micron and Community Leaders Celebrate New Lam Office; Lam Builds on Three Decades in the 'City of Trees' BOISE, Idaho, Feb. 17, 2026 /PRNewswire/ -- In a ribbon-cutting ceremony today, Lam Research Corp. (NASDAQ: LRCX) commemorated the opening of its new office in Boise, Idaho, joined by U.S. Senator Jim Risch, representatives of Micron Technology, Inc. and other distinguished local government, community, and academic leaders. The new office will initially support approximately 150 Lam personnel from the greater Boise area focused on collaborative research, development and high-volume manufacturing of Micron's leading-edge memory technology, with room for future …

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image for news Lam Research Deepens Investment in Boise to Support Projected Growth in U.S. Semiconductor Manufacturing
Earnings Growth & Price Strength Make Lam Research (LRCX) a Stock to Watch
LRCX
Published: February 16, 2026 by: Zacks Investment Research
Sentiment: Positive

Finding strong, market-beating stocks with a positive earnings outlook becomes easier with the Focus List, a top feature of the Zacks Premium portfolio service.

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image for news Earnings Growth & Price Strength Make Lam Research (LRCX) a Stock to Watch
Lam Research Stock's High P/E: Justified Premium or Too Pricey to Buy?
LRCX
Published: February 10, 2026 by: Zacks Investment Research
Sentiment: Positive

LRCX trades at a 38.14 forward P/E after a 175% rally, but AI-driven demand, strong margins and $5B-plus quarters fuel confidence in its growth.

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image for news Lam Research Stock's High P/E: Justified Premium or Too Pricey to Buy?
3 Stocks to Buy From the Prospering Semiconductor Industry
AMKR, AVGO, LRCX
Published: February 09, 2026 by: Zacks Investment Research
Sentiment: Positive

The Zacks Electronics - Semiconductors industry players like AVGO, LRCX and AMKR gain from the growing proliferation of AI, ML and consumer electronic devices.

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image for news 3 Stocks to Buy From the Prospering Semiconductor Industry
Lam Research (LRCX) Just Overtook the 20-Day Moving Average
LRCX
Published: February 09, 2026 by: Zacks Investment Research
Sentiment: Positive

Lam Research (LRCX) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, LRCX crossed above the 20-day moving average, suggesting a short-term bullish trend.

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image for news Lam Research (LRCX) Just Overtook the 20-Day Moving Average
3 Momentum Anomaly Stocks to Buy as Tech Rout Spooks Markets
KLAC, LRCX, MU
Published: February 06, 2026 by: Zacks Investment Research
Sentiment: Positive

MU, LRCX and KLAC stand out as momentum stocks resurface, even as a tech rout and crypto slump rattle broader U.S. equity markets.

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image for news 3 Momentum Anomaly Stocks to Buy as Tech Rout Spooks Markets
Wall Street Analysts Believe Lam Research (LRCX) Could Rally 30.51%: Here's is How to Trade
LRCX
Published: February 05, 2026 by: Zacks Investment Research
Sentiment: Positive

The average of price targets set by Wall Street analysts indicates a potential upside of 30.5% in Lam Research (LRCX). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

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image for news Wall Street Analysts Believe Lam Research (LRCX) Could Rally 30.51%: Here's is How to Trade
Here is What to Know Beyond Why Lam Research Corporation (LRCX) is a Trending Stock
LRCX
Published: February 05, 2026 by: Zacks Investment Research
Sentiment: Positive

Lam Research (LRCX) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

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image for news Here is What to Know Beyond Why Lam Research Corporation (LRCX) is a Trending Stock
Down 10% In Two Days, Is Lam Research A Good Buy?
LRCX
Published: February 05, 2026 by: Forbes
Sentiment: Negative

We believe Lam Research (LRCX) stock could be an attractive investment option. Why? Because it offers strong margin, a low-debt capital structure, and strong momentum in recent months – with potential for growth as the stock currently trades below its 52-week high following a sharp sell off earlier this week.

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image for news Down 10% In Two Days, Is Lam Research A Good Buy?
3 Reasons Why Growth Investors Shouldn't Overlook Lam Research (LRCX)
LRCX
Published: February 04, 2026 by: Zacks Investment Research
Sentiment: Positive

Lam Research (LRCX) possesses solid growth attributes, which could help it handily outperform the market.

Read More
image for news 3 Reasons Why Growth Investors Shouldn't Overlook Lam Research (LRCX)
Lam Research (LRCX) Boasts Earnings & Price Momentum: Should You Buy?
LRCX
Published: February 04, 2026 by: Zacks Investment Research
Sentiment: Positive

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Focus List.

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image for news Lam Research (LRCX) Boasts Earnings & Price Momentum: Should You Buy?
Don't Overlook Lam Research (LRCX) International Revenue Trends While Assessing the Stock
LRCX
Published: February 03, 2026 by: Zacks Investment Research
Sentiment: Neutral

Explore Lam Research's (LRCX) international revenue trends and how these numbers impact Wall Street's forecasts and what's ahead for the stock.

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image for news Don't Overlook Lam Research (LRCX) International Revenue Trends While Assessing the Stock
Is It Worth Investing in Lam Research (LRCX) Based on Wall Street's Bullish Views?
LRCX
Published: February 02, 2026 by: Zacks Investment Research
Sentiment: Positive

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

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image for news Is It Worth Investing in Lam Research (LRCX) Based on Wall Street's Bullish Views?
Lam Research Q2 Earnings Surpass Expectations, Revenues Rise Y/Y
LRCX
Published: January 29, 2026 by: Zacks Investment Research
Sentiment: Positive

LRCX beats Q2 estimates as earnings surge 39.6% Y/Y and revenues jump 22%, backed by strong customer support revenue growth and upbeat guidance.

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image for news Lam Research Q2 Earnings Surpass Expectations, Revenues Rise Y/Y
Lam Research (LRCX) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
LRCX
Published: January 29, 2026 by: Zacks Investment Research
Sentiment: Neutral

While the top- and bottom-line numbers for Lam Research (LRCX) give a sense of how the business performed in the quarter ended December 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

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image for news Lam Research (LRCX) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
Artisan Global Opportunities Fund Q4 2025 Portfolio Update
ARGX, BAESY, BKR, BSX, COF, COIN, INSM, LEG, LHX, LRCX, LRLCY, NFLX, ORCL, PYPL, RTX, SBUX, SGI, SNOW, TCEHY, ZTS
Published: January 29, 2026 by: Seeking Alpha
Sentiment: Neutral

Among our top contributors in Q4 were Argenx, Lam Research and Insmed. Among our biggest detractors in Q4 were Oracle, Netflix and BAE Systems. During the quarter, we initiated new positions in RTX (Raytheon), Capital One and Somnigroup. In addition to Insmed and BAE, we also added to L3Harris, a global aerospace and defense company.

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image for news Artisan Global Opportunities Fund Q4 2025 Portfolio Update
These Analysts Boost Their Forecasts On Lam Research Following Strong Q2 Results
LRCX
Published: January 29, 2026 by: Benzinga
Sentiment: Positive

Lam Research Corp. (NASDAQ: LRCX) posted upbeat second-quarter earnings on Wednesday.

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image for news These Analysts Boost Their Forecasts On Lam Research Following Strong Q2 Results
Lam Research Earnings Preview: What to Watch When LRCX Reports After the Bell
LRCX
Published: January 28, 2026 by: 24/7 Wall Street
Sentiment: Neutral

Get earnings reminders, our top analysis on Lam Research, market updates, and brand-new stock recommendations delivered directly to your inbox.

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image for news Lam Research Earnings Preview: What to Watch When LRCX Reports After the Bell
Why Record Highs For LRCX Stock May Face A Reality Check In 2026
LRCX
Published: January 28, 2026 by: Forbes
Sentiment: Negative

Lam Research (LRCX) has faced setbacks in the past. Its stock has experienced drops exceeding 30% within a period of less than two months on as many as four distinct occasions in recent years, erasing billions in market capitalization and undoing substantial profits in a single correction.

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image for news Why Record Highs For LRCX Stock May Face A Reality Check In 2026
Bet on These 4 Top-Performing Liquid Stocks to Maximize Returns
CIEN, EVER, LRCX, RELY
Published: January 28, 2026 by: Zacks Investment Research
Sentiment: Positive

EVER, CIEN, LRCX and RELY make the cut as the top liquid stocks, each boasting strong liquidity, growth attributes and operational efficiency.

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image for news Bet on These 4 Top-Performing Liquid Stocks to Maximize Returns
AI-Driven Foundry Demand Likely to Boost LRCX's Systems Revenues in Q2
LRCX
Published: January 26, 2026 by: Zacks Investment Research
Sentiment: Positive

Lam Research's AI-driven foundry demand is set to lift Systems revenues in Q2, with advanced etch and deposition tools gaining traction at chipmakers.

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image for news AI-Driven Foundry Demand Likely to Boost LRCX's Systems Revenues in Q2
LRCX Likely to Beat Q2 Earnings Estimates: Should You Buy the Stock?
LRCX
Published: January 23, 2026 by: Zacks Investment Research
Sentiment: Positive

Lam Research's Q2 results are likely to reflect benefits from strong demand for AI chips and rising DRAM spending.

Read More
image for news LRCX Likely to Beat Q2 Earnings Estimates: Should You Buy the Stock?
Lam Research (LRCX) Upgraded to Strong Buy: Here's What You Should Know
LRCX
Published: January 23, 2026 by: Zacks Investment Research
Sentiment: Positive

Lam Research (LRCX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

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image for news Lam Research (LRCX) Upgraded to Strong Buy: Here's What You Should Know
Best Momentum Stock to Buy for January 23rd
APH, BWMX, LRCX
Published: January 23, 2026 by: Zacks Investment Research
Sentiment: Positive

BWMX, LRCX and APH made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on January 23, 2026.

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image for news Best Momentum Stock to Buy for January 23rd
Stay Ahead of the Game With Lam Research (LRCX) Q2 Earnings: Wall Street's Insights on Key Metrics
LRCX
Published: January 23, 2026 by: Zacks Investment Research
Sentiment: Neutral

Evaluate the expected performance of Lam Research (LRCX) for the quarter ended December 2025, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Read More
image for news Stay Ahead of the Game With Lam Research (LRCX) Q2 Earnings: Wall Street's Insights on Key Metrics
Will Lam Research (LRCX) Beat Estimates Again in Its Next Earnings Report?
LRCX
Published: January 22, 2026 by: Zacks Investment Research
Sentiment: Positive

Lam Research (LRCX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

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image for news Will Lam Research (LRCX) Beat Estimates Again in Its Next Earnings Report?

About Lam Research Corporation (LRCX)

  • IPO Date 1984-05-04
  • Website https://www.lamresearch.com
  • Industry Semiconductors
  • CEO Timothy Archer
  • Employees 18600

Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. The company offers ALTUS systems to deposit conformal films for tungsten metallization applications; SABRE electrochemical deposition products for copper interconnect transition that offers copper damascene manufacturing; SOLA ultraviolet thermal processing products for film treatments; and VECTOR plasma-enhanced CVD ALD products. It also provides SPEED gapfill high-density plasma chemical vapor deposition products; and Striker single-wafer atomic layer deposition products for dielectric film solutions. In addition, the company offers Flex for dielectric etch applications; Kiyo for conductor etch applications; Syndion for through-silicon via etch applications; and Versys metal products for metal etch processes. Further, it provides Coronus bevel clean products to enhance die yield; Da Vinci, DV-Prime, EOS, and SP series products to address various wafer cleaning applications; and Metryx mass metrology systems for high precision in-line mass measurement in semiconductor wafer manufacturing. The company sells its products and services to semiconductors industry in the United States, China, Europe, Japan, Korea, Southeast Asia, Taiwan, and internationally. Lam Research Corporation was incorporated in 1980 and is headquartered in Fremont, California.