Lam Research Corporation (LRCX)

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

Automate Your Wheel Strategy on LRCX

With Tiblio's Option Bot, you can configure your own wheel strategy including LRCX - and automate your put writes, covered calls, and full wheel strategy. Just connect one of the supported brokerages: tastytrade, Schwab, TradeStation or Tradier and go.

Start Your Free Trial Now

Key Metrics & Ratings

  • symbol LRCX
  • Rev/Share 16.3224
  • Book/Share 8.0542
  • PB 29.4879
  • Debt/Equity 0.4419
  • CurrentRatio 2.2562
  • ROIC 0.3861

 

  • MktCap 296583112500.0
  • FreeCF/Share 5.2885
  • PFCF 44.5212
  • PE 48.1486
  • Debt/Assets 0.2096
  • DivYield 0.0041
  • 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

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.

Read More
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?

Read More
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.

Read More
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.

Read More
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.

Read More
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.

Read More
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.

Read More
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.

Read More
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.

Read More
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.

Read More
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).

Read More
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.

Read More
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.

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

Read More
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.

Read More
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.

Read More
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.

Read More
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.

Read More
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?

Read More
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.

Read More
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.

Read More
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

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.