Lam Research Corporation (LRCX)

US — Technology Sector
Peers: AMAT  QCOM  KLAC  TXN  ARM  MU  UBER  ANET  INTU  INTC 

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Key Metrics & Ratings

  • symbol LRCX
  • Rev/Share 15.4944
  • Book/Share 8.061
  • PB 27.659
  • Debt/Equity 0.4399
  • CurrentRatio 2.2074
  • ROIC 0.3612

 

  • MktCap 280044448800.0
  • FreeCF/Share 4.6257
  • PFCF 47.8792
  • PE 48.5198
  • Debt/Assets 0.2047
  • DivYield 0.0044
  • ROE 0.6057

 

  • 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
Initiation LRCX RBC Capital Mkts -- Outperform -- $260 Jan. 15, 2026
Upgrade LRCX Wells Fargo Equal Weight Overweight -- $250 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
Resumed LRCX Erste Group -- Buy -- -- Aug. 14, 2025
Downgrade LRCX Summit Insights Buy Hold -- -- July 31, 2025

News

TSMC's $56B AI Bet Just Made These 3 Stocks Millionaire Makers
AMAT, ASML, LRCX
Published: January 16, 2026 by: 24/7 Wall Street
Sentiment: Neutral

TSMC just committed $56 billion to AI chip manufacturing capacity. That's not money disappearing into factories.

Read More
image for news TSMC's $56B AI Bet Just Made These 3 Stocks Millionaire Makers
Here's Why Lam Research (LRCX) is a Strong Growth Stock
LRCX
Published: January 16, 2026 by: Zacks Investment Research
Sentiment: Positive

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

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image for news Here's Why Lam Research (LRCX) is a Strong Growth Stock
Lam Research: Why The WFE Supercycle Changes The Valuation (Rating Upgrade)
LRCX
Published: January 15, 2026 by: Seeking Alpha
Sentiment: Positive

I am upgrading Lam Research to a Buy, driven by robust wafer fabrication equipment demand and memory supply bottlenecks. Revised wafer fab spending forecasts now call for 10–15% YoY growth, supporting higher sales and margin expansion for LRCX. The base case price target is $246.84 (13% upside), with a bullish scenario at $291.11; EBITDA and free cash flow estimates are significantly raised.

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image for news Lam Research: Why The WFE Supercycle Changes The Valuation (Rating Upgrade)
What Makes Lam Research (LRCX) a Strong Momentum Stock: Buy Now?
LRCX
Published: January 15, 2026 by: Zacks Investment Research
Sentiment: Positive

Does Lam Research (LRCX) have what it takes to be a top stock pick for momentum investors? Let's find out.

Read More
image for news What Makes Lam Research (LRCX) a Strong Momentum Stock: Buy Now?
Lam Research Or Teradyne Stock: Which Semiconductor Bet Will Pay Off?
LRCX, TER
Published: January 15, 2026 by: Forbes
Sentiment: Neutral

Teradyne experienced a surge of 19% over the past month. You might feel inclined to increase your investment, or perhaps you want to lessen your exposure.

Read More
image for news Lam Research Or Teradyne Stock: Which Semiconductor Bet Will Pay Off?
Is Lam Research (LRCX) a Buy as Wall Street Analysts Look Optimistic?
LRCX
Published: January 15, 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 Soars 165% in a Year: Is LRCX Stock Still a Buy?
LRCX
Published: January 15, 2026 by: Zacks Investment Research
Sentiment: Positive

LRCX beats the semiconductor sector with a 165% surge, backed by booming AI demand, strong revenue growth and expanding margins.

Read More
image for news Lam Research Soars 165% in a Year: Is LRCX Stock Still a Buy?
Will LRCX's China Revenue Drop Below 30% Hurt 2026 Growth Outlook?
LRCX
Published: January 14, 2026 by: Zacks Investment Research
Sentiment: Neutral

Lam Research sees revenues from China falling below 30% in 2026 as export curbs ail, but AI-led demand outside China could help sustain growth.

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image for news Will LRCX's China Revenue Drop Below 30% Hurt 2026 Growth Outlook?
Lam Research Corporation (LRCX) Hit a 52 Week High, Can the Run Continue?
LRCX
Published: January 13, 2026 by: Zacks Investment Research
Sentiment: Positive

Lam Research (LRCX) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Read More
image for news Lam Research Corporation (LRCX) Hit a 52 Week High, Can the Run Continue?
What Could Keep Driving Lam Research Stock Higher?
LRCX
Published: January 12, 2026 by: Forbes
Sentiment: Positive

Lam Research has displayed impressive bullish momentum, with over a dozen rallies surpassing 30% within two months, especially in years such as 2010 and 2025. Four of these increases exceeded 50%, highlighting the stock's capacity for swift gains.

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image for news What Could Keep Driving Lam Research Stock Higher?
2 Tech Stocks That Beat the Mag Seven By a Mile in 2025—Can They Repeat?
GOOG, GOOGL, LRCX
Published: January 12, 2026 by: 24/7 Wall Street
Sentiment: Neutral

With the S&P 500 closing in on the 7,000 mark to start 2026 on the right footing, now seems like a good time to reflect on the big winners from 2025 and ponder whether there's more gas left in the tank.

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image for news 2 Tech Stocks That Beat the Mag Seven By a Mile in 2025—Can They Repeat?
As Lam Research Surges, Here Is The Risk You Should Know
LRCX
Published: January 08, 2026 by: Forbes
Sentiment: Positive

Lam Research (LRCX) stock has risen by 16.9% over 5 trading days. This increase is a result of optimistic analyst upgrades and strong AI-driven semiconductor demand; however, substantial gains like this often lead to a more challenging query: is the stock genuinely robust when the markets turn?

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image for news As Lam Research Surges, Here Is The Risk You Should Know
LRCX vs. TSM: Which Semiconductor Powerhouse Is the Better Buy?
LRCX, TSM
Published: January 08, 2026 by: Zacks Investment Research
Sentiment: Positive

Lam Research gains the upper hand in the AI chip boom, delivering strong growth and steadier prospects compared to Taiwan Semiconductor.

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image for news LRCX vs. TSM: Which Semiconductor Powerhouse Is the Better Buy?
Why Lam Research (LRCX) is a Top Stock for the Long-Term
LRCX
Published: January 06, 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 Why Lam Research (LRCX) is a Top Stock for the Long-Term
Why chip stocks are extending their gains ahead of Nvidia's CES speech
NVDA, AMAT, AMD, ASML, AVGO, KLAC, LRCX, NVMI
Published: January 05, 2026 by: Market Watch
Sentiment: Positive

The semiconductor trade was mostly riding high on Monday as enthusiasm for the artificial-intelligence boom carried into the new year.

Read More
image for news Why chip stocks are extending their gains ahead of Nvidia's CES speech
Earnings Growth & Price Strength Make Lam Research (LRCX) a Stock to Watch
LRCX
Published: December 26, 2025 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.

Read More
image for news Earnings Growth & Price Strength Make Lam Research (LRCX) a Stock to Watch
4 Hardware Tech Stocks to Buy Ahead of the 2026 Gadget Boom
APH, LRCX, MU, NVDA
Published: December 26, 2025 by: Zacks Investment Research
Sentiment: Positive

NVDA, MU, LRCX and APH are some of the hardware-focused stocks that are positioned to benefit from the growing demand for consumer electronics.

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image for news 4 Hardware Tech Stocks to Buy Ahead of the 2026 Gadget Boom
Is Lam Research (LRCX) a Solid Growth Stock? 3 Reasons to Think "Yes"
LRCX
Published: December 22, 2025 by: Zacks Investment Research
Sentiment: Positive

Lam Research (LRCX) is well positioned to outperform the market, as it exhibits above-average growth in financials.

Read More
image for news Is Lam Research (LRCX) a Solid Growth Stock? 3 Reasons to Think "Yes"
Brokers Suggest Investing in Lam Research (LRCX): Read This Before Placing a Bet
LRCX
Published: December 22, 2025 by: Zacks Investment Research
Sentiment: Negative

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 Brokers Suggest Investing in Lam Research (LRCX): Read This Before Placing a Bet
Lam Research Hits 52-Week High: Is the Stock Still Worth Buying?
LRCX
Published: December 22, 2025 by: Zacks Investment Research
Sentiment: Positive

LRCX hits a 52-week high as AI-driven chip demand boosts shipments, earnings and margins, raising the question of whether the stock still offers upside.

Read More
image for news Lam Research Hits 52-Week High: Is the Stock Still Worth Buying?
Lam Research (LRCX) Surges 4.6%: Is This an Indication of Further Gains?
LRCX
Published: December 22, 2025 by: Zacks Investment Research
Sentiment: Positive

Lam Research (LRCX) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Read More
image for news Lam Research (LRCX) Surges 4.6%: Is This an Indication of Further Gains?
2 best performing Jim Cramer 2025 picks
EXPE, LRCX
Published: December 21, 2025 by: Finbold
Sentiment: Positive

In a year defined by elevated volatility, two of Jim Cramer's 2025 stock picks have emerged as clear outperformers.

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image for news 2 best performing Jim Cramer 2025 picks
Lam Research (LRCX) Just Flashed Golden Cross Signal: Do You Buy?
LRCX
Published: December 19, 2025 by: Zacks Investment Research
Sentiment: Positive

After reaching an important support level, Lam Research (LRCX) could be a good stock pick from a technical perspective. LRCX surpassed resistance at the 20-day moving average, suggesting a short-term bullish trend.

Read More
image for news Lam Research (LRCX) Just Flashed Golden Cross Signal: Do You Buy?
Can AI-Driven Foundry Demand Drive LRCX's Systems Revenue Growth?
LRCX
Published: December 17, 2025 by: Zacks Investment Research
Sentiment: Neutral

AI-driven foundry demand lifts Lam Research's systems revenues 48.3% YoY to $3.55B, with foundries comprising 60% of sales in the first quarter of fiscal 2026.

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image for news Can AI-Driven Foundry Demand Drive LRCX's Systems Revenue Growth?
Buy These 5 Dividend Growth Stocks Amid Heavy Tech Sell-Offs
DCI, ENS, LDOS, LRCX, TEL
Published: December 15, 2025 by: Zacks Investment Research
Sentiment: Positive

TEL and four other dividend growth stocks stand out as tech sell-offs deepen, offering steadier income and growth amid AI bubble fears.

Read More
image for news Buy These 5 Dividend Growth Stocks Amid Heavy Tech Sell-Offs
Why Lam Research (LRCX) is a Top Stock for the Long-Term
LRCX
Published: December 15, 2025 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.

Read More
image for news Why Lam Research (LRCX) is a Top Stock for the Long-Term
Lam Research Corporation (LRCX) Soars to 52-Week High, Time to Cash Out?
LRCX
Published: December 11, 2025 by: Zacks Investment Research
Sentiment: Positive

Lam Research (LRCX) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Read More
image for news Lam Research Corporation (LRCX) Soars to 52-Week High, Time to Cash Out?
Here's Why Lam Research (LRCX) is a Great Momentum Stock to Buy
LRCX
Published: December 10, 2025 by: Zacks Investment Research
Sentiment: Positive

Does Lam Research (LRCX) have what it takes to be a top stock pick for momentum investors? Let's find out.

Read More
image for news Here's Why Lam Research (LRCX) is a Great Momentum Stock to Buy
Why Lam Research (LRCX) is a Top Momentum Stock for the Long-Term
LRCX
Published: December 10, 2025 by: Zacks Investment Research
Sentiment: Positive

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

Read More
image for news Why Lam Research (LRCX) is a Top Momentum Stock for the Long-Term
Lam Research (LRCX) is a Top-Ranked Growth Stock: Should You Buy?
LRCX
Published: December 08, 2025 by: Zacks Investment Research
Sentiment: Positive

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Read More
image for news Lam Research (LRCX) is a Top-Ranked Growth Stock: Should You Buy?

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.