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LRCX logo

LRCX Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
397.629
Open
383.060
VWAP
389.72
Vol
3.95M
Mkt Cap
461.89B
Low
382.475
Amount
1.54B
EV/EBITDA(TTM)
61.85
Total Shares
1.25B
EV
485.36B
EV/OCF(TTM)
69.79
P/S(TTM)
22.71
Lam Research Corporation is a global supplier of wafer fabrication equipment and services to the semiconductor industry. The Company designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. Its products and services are designed to help its customers build devices that are used in a variety of electronic products, including mobile phones, personal computers, cloud and enterprise servers, wearables, automotive vehicles and data storage devices. Its product families include ALTUS, SABRE, SPEED, Striker, VECTOR, Flex, Vantex, Kiyo, Versys Metal, Syndion, Coronus, and DV-Prime, Da Vinci, EOS, and SP Series. Its customer base includes semiconductor memory, foundries, and integrated device manufacturers that make products such as non-volatile memory, dynamic random-access memory, and logic devices. It offers services in areas like nanoscale manufacturing enablement, chemistry, plasma and fluidics, and others.
Show More

Events Timeline

(ET)
2026-06-17
10:00:00
New
Jabil Circuit Gains $38.53 to $414.04
select
2026-06-11 (ET)
2026-06-11
10:00:00
Notable Gains for Intel and Others This Morning
select
2026-06-03 (ET)
2026-06-03
08:50:00
Eagle Nuclear Energy Borrow Rate Increases to 115.96%
select

News

NASDAQ.COM
4.5
16:04 PMNASDAQ.COM
U.S. Stocks Rise, Led by Chipmakers Amid Strong Retail Sales
  • Strong Market Performance: The S&P 500 index rose by 0.23%, the Dow Jones Industrial Average increased by 0.26%, and the Nasdaq 100 climbed by 0.74%, reflecting market confidence in economic recovery, particularly driven by strong performances from chipmakers.
  • Retail Sales Exceed Expectations: U.S. May retail sales increased by 0.9% month-over-month, surpassing the expected 0.6%, indicating resilient consumer demand that could further stimulate economic growth and influence future monetary policy.
  • Oil Price Decline Affects Market Sentiment: The agreement between the U.S. and Iran to reopen the Strait of Hormuz has led to crude oil prices dropping to a 3.5-month low, enhancing risk-on sentiment in the markets and contributing to stock gains.
  • FOMC Meeting in Focus: Market participants are closely watching the outcome of the FOMC meeting, where interest rates are expected to remain unchanged, but the guidance from new Chair Kevin Warsh will significantly impact market sentiment.
NASDAQ.COM
2.0
15:03 PMNASDAQ.COM
Adobe Stock Down 42.6%, Worst Performer in Nasdaq 100
  • Poor Stock Performance: Adobe's stock is down 3.0% today, with a year-to-date decline of 42.6%, indicating a significant weakening of the company's market competitiveness, which could impact investor confidence and future financing capabilities.
  • Market Dynamics Analysis: As the worst-performing component in the Nasdaq 100, Adobe's struggles reflect the challenges it faces in the current economic environment, potentially leading to downward revisions in market expectations for its future performance.
  • Peer Performance Comparison: In contrast to Adobe, Old Dominion Freight Line is down 2.9% today, while Lam Research is up 6.9%, highlighting the varying market responses among companies in the industry, which may influence investor asset allocation decisions.
  • Investor Sentiment Fluctuation: Adobe's ongoing decline may prompt investors to reassess its future strategy and market positioning, especially amid intensifying competition, potentially leading to broader market sentiment fluctuations.
seekingalpha
6.0
13:11 PMseekingalpha
Citi Raises Price Targets for Semiconductor Firms Amid NAND Demand Surge
  • Price Target Increase: Citi raised the price target for Applied Materials (AMAT) from $550 to $710, forecasting a total revenue growth of 30%/22% in CY27/28, indicating strong confidence in the company's future performance.
  • Market Demand Analysis: Citi highlighted a structural increase in NAND equipment demand due to tightening DRAM supply, predicting a 25% growth in equipment spending by 2028, which will accelerate the adoption of complementary technologies and further solidify market positions.
  • Company Performance: AMAT shares rose 4% in premarket trading, while KLA and LRCX saw increases of over 3%, reflecting optimistic market sentiment regarding the semiconductor industry's outlook.
  • Innovation Driving Growth: Citi analysts believe that ongoing innovations in high-performance NAND technology will deepen reliance on NAND in cloud computing and device applications, thereby driving long-term growth potential for the overall market.
CNBC
6.0
13:03 PMCNBC
Latest Wall Street Ratings Overview
  • GE Vernova Rating: Bernstein initiates GE Vernova as outperform, citing the potential for U.S. natural gas to displace coal globally, thereby reducing electricity costs and providing reliable power, which could drive the stock price higher.
  • NeoVolta Buy Rating: Needham initiates coverage on NeoVolta with a Buy rating and an $8 price target, indicating significant upside potential for the battery company, reflecting strong market demand for its products.
  • Nvidia Outlook: Bernstein reiterates Nvidia as outperform, emphasizing the enormous and still early data center market opportunity, suggesting that the company's leadership in technology will continue to drive stock price growth.
  • Allegiant Acquisition Boost: Goldman Sachs reinstates Allegiant as a Buy with a $125 price target, believing that the acquisition of Sun Country will provide incremental profitable growth opportunities, enhancing the company's competitive position in the market.
CNBC
4.5
13:03 PMCNBC
Market Dynamics and Investment Opportunities Analysis
  • Fed Meeting Outlook: Ahead of the upcoming Federal Reserve meeting, the market widely expects rates to remain unchanged, yet Chairman Kevin Warsh's comments could significantly influence market sentiment and investor decisions, potentially leading to increased volatility.
  • Semiconductor Sector Prospects: Citi has raised price targets for Applied Materials, Lam Research, and KLA Corp, forecasting that spending on wafer fabrication equipment could reach $250 billion by 2028, indicating a 25% growth potential that presents substantial market opportunities for these companies.
  • Intel's Process Advancement: Intel has commenced production of its latest 18A-P manufacturing process, which delivers 9% higher performance or 18% lower power consumption compared to its predecessor, potentially securing Apple as a foundry customer and strengthening its market position.
  • FedEx Earnings Outlook: Although Wells Fargo lowered FedEx's price target, analysts anticipate that next quarter's earnings report may be noisy due to fiscal calendar adjustments, yet they expect strong actual results that could offset the complex outlook.
NASDAQ.COM
4.5
06-16NASDAQ.COM
U.S. Stocks Close Mixed: Dow Hits All-Time High
  • Dow Hits All-Time High: The Dow Jones Industrial Average rose by 0.64%, reaching a new all-time high, reflecting investor confidence in economic recovery, despite mixed overall market performance indicating divergent views among investors on various sectors.
  • Chip Stocks Decline: With Marvell Technology and Intel falling over 9% and 8% respectively, the weakness in chipmakers weighed on the broader market, suggesting that the pressure on tech stocks may impact future investment sentiment.
  • Weak Housing Data: U.S. May housing starts fell 15.4% month-over-month to a six-year low of 1.177 million, below expectations of 1.430 million, indicating that the weakness in the housing market could pose challenges to economic growth.
  • Oil Prices Plummet: WTI crude oil prices dropped more than 5% to a 3.5-month low due to the U.S.-Iran agreement to reopen the Strait of Hormuz, enhancing expectations for a revival in oil supplies, which may affect the performance of energy stocks.
Wall Street analysts forecast LRCX stock price to rise
22 Analyst Rating
Wall Street analysts forecast LRCX stock price to rise
18 Buy
4 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
142.00
Averages
192.50
High
265.00
Current: 0.000
sliders
Low
142.00
Averages
192.50
High
265.00
Citi
Buy
maintain
$315 -> $450
AI Analysis
2026-06-17
New
Reason
Citi
Price Target
$315 -> $450
AI Analysis
2026-06-17
New
maintain
Buy
Reason
Citi raised the firm's price target on Lam Research to $450 from $315 and keeps a Buy rating on the shares. The firm increased price targets in the semiconductor equipment group to reflect its updated wafer fab equipment "bull case" and a roll forward to 2028 earnings estimates. The firm is bullish on NAND equipment demand, saying the "widening gap" between needed DRAM and available supply will drive adoption of complementary solutions.
Oppenheimer
Oppenheimer
Outperform
maintain
$330 -> $400
2026-06-15
New
Reason
Oppenheimer
Oppenheimer
Price Target
$330 -> $400
2026-06-15
New
maintain
Outperform
Reason
Oppenheimer raised the firm's price target on Lam Research to $400 from $330 and keeps an Outperform rating on the shares. The firm says its Lam bus tour meeting increased confidence that AI-driven WFE upside remains and is not fully-reflected in estimates. Meeting with Lam's Ram Ganesh at Oppenheimer's 24th Annual Semiconductor Bus Tour, Oppenheimer left believing there is still room for 2026 demand upside despite cleanroom constraints and "pretty full" slots, consistent with Q3's WFE increase to more than $140B with upside bias. More notably, 2027 sounds stronger, which the firm interprets as potential WFE growth over 30% toward $200B as customers become better positioned to take deliveries.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for LRCX
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Valuation Metrics

The current forward P/E ratio for Lam Research Corp (LRCX.O) is 49.51, compared to its 5-year average forward P/E of 22.43. For a more detailed relative valuation and DCF analysis to assess Lam Research Corp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
22.43
Current PE
49.51
Overvalued PE
29.27
Undervalued PE
15.59

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
18.34
Current EV/EBITDA
43.68
Overvalued EV/EBITDA
24.06
Undervalued EV/EBITDA
12.61

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
6.08
Current PS
15.94
Overvalued PS
8.25
Undervalued PS
3.90

Financials

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Whales Holding LRCX

B
Bluebox Asset Management Uk Ltd.
Holding
LRCX
+109.41%
3M Return
T
The Glenmede Trust Company, National Association
Holding
LRCX
+74.16%
3M Return
C
Cathay Securities Investment Trust Co., LTD
Holding
LRCX
+57.26%
3M Return
R
Rafferty Asset Management, LLC
Holding
LRCX
+55.44%
3M Return
D
Defiance ETFs, LLC
Holding
LRCX
+47.61%
3M Return
F
Fuh Hwa Securities Investment Trust Co., Ltd.
Holding
LRCX
+46.59%
3M Return

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Frequently Asked Questions

What is Lam Research Corp (LRCX) stock price today?

The current price of LRCX is 389.05 USD — it has increased 5.34

What is Lam Research Corp (LRCX)'s business?

Lam Research Corporation is a global supplier of wafer fabrication equipment and services to the semiconductor industry. The Company designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. Its products and services are designed to help its customers build devices that are used in a variety of electronic products, including mobile phones, personal computers, cloud and enterprise servers, wearables, automotive vehicles and data storage devices. Its product families include ALTUS, SABRE, SPEED, Striker, VECTOR, Flex, Vantex, Kiyo, Versys Metal, Syndion, Coronus, and DV-Prime, Da Vinci, EOS, and SP Series. Its customer base includes semiconductor memory, foundries, and integrated device manufacturers that make products such as non-volatile memory, dynamic random-access memory, and logic devices. It offers services in areas like nanoscale manufacturing enablement, chemistry, plasma and fluidics, and others.

What is the price predicton of LRCX Stock?

Wall Street analysts forecast LRCX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for LRCX is192.50 USD with a low forecast of 142.00 USD and a high forecast of 265.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Lam Research Corp (LRCX)'s revenue for the last quarter?

Lam Research Corp revenue for the last quarter amounts to 5.84B USD, increased 23.76

What is Lam Research Corp (LRCX)'s earnings per share (EPS) for the last quarter?

Lam Research Corp. EPS for the last quarter amounts to 1.45 USD, increased 40.78

How many employees does Lam Research Corp (LRCX). have?

Lam Research Corp (LRCX) has 19000 emplpoyees as of June 17 2026.

What is Lam Research Corp (LRCX) market cap?

Today LRCX has the market capitalization of 461.89B USD.