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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
324.260
Open
320.460
VWAP
320.44
Vol
2.07M
Mkt Cap
398.84B
Low
317.220
Amount
663.76M
EV/EBITDA(TTM)
50.69
Total Shares
1.25B
EV
397.83B
EV/OCF(TTM)
57.20
P/S(TTM)
18.63
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)
2026-04-28
13:10:00
U.S. Commerce Department Restricts Chip Equipment Exports to Hua Hong
select

News

seekingalpha
8.5
13:11 PMseekingalpha
PinnedBaron Opportunity Fund Outperforms Benchmark in Q1
  • Portfolio Adjustment: In Q1, Baron Opportunity Fund initiated positions in Alphabet, Forgent Power Solutions, ASML, Lam Research, and Rubrik while exiting investments in Microsoft, Arcellx, and Nova, demonstrating its agility in responding to market changes.
  • Capital Reallocation: The fund sold its position in Atlassian to fund software portfolio upgrades and redeployed proceeds from LPL Financial Holdings into The Charles Schwab Corporation, aiming to optimize its investment portfolio for better long-term returns.
  • Benchmark Performance: Despite an overall decline in Q1, Baron Opportunity Fund outperformed its benchmark, the Russell 3000 Growth Index, indicating the effectiveness of its management team in stock selection and market adaptability.
  • Market Outlook: With ongoing focus on tech stocks, the fund's investment strategy may provide better risk-adjusted returns amid future market volatility, especially as the performance of tech stocks remains a focal point in the current economic environment.
CNBC
7.5
00:03 AMCNBC
Applied Materials CEO Declares Semiconductor Industry's Golden Era
  • Strong Industry Growth: Applied Materials CEO Gary Dickerson stated that the semiconductor industry is experiencing its strongest period in history, primarily driven by accelerating demand for artificial intelligence, with expectations for sustained growth in the coming years.
  • Surging Stock Price: Over the past year, Applied Materials' stock has surged approximately 178%, reflecting strong market confidence in its critical role in AI infrastructure development and significant future growth potential.
  • Capacity Expansion Investments: The company has made substantial investments in operations and supply chains, nearly doubling its operational capacity to meet the rising customer demand, demonstrating strong confidence in future market conditions.
  • Significant Long-term Opportunities: Dickerson emphasized that AI will transform every industry, driving the need for increasingly advanced chips and the equipment required for their manufacture, highlighting the strategic importance of the company in this transformation.
Newsfilter
7.5
05-28Newsfilter
Applied Materials CEO: Semiconductor Industry Strong Growth
  • Strong Industry Growth: CEO Gary Dickerson of Applied Materials stated that the semiconductor industry is experiencing its strongest growth period ever, primarily driven by unprecedented computing demand from artificial intelligence, indicating significant long-term growth potential.
  • Surging Stock Price: Shares of Applied Materials have surged approximately 178% over the past year, with Dickerson asserting that this momentum is far from over as customers race to build more AI infrastructure, showcasing strong visibility into future demand.
  • Expansion Investments: To keep pace with rising demand, Applied Materials has made substantial investments in operations and supply chains, effectively doubling its operational capacity to ensure it can meet future market needs.
  • AI-Driven Innovation: Dickerson emphasized that artificial intelligence will transform every industry, representing the most enabling innovation of our lifetimes, thereby driving an increasing demand for more advanced chips and the equipment needed to manufacture them.
NASDAQ.COM
8.0
05-27NASDAQ.COM
Active Options Trading for AutoZone and Robinhood
  • AutoZone Options Volume: Today, AutoZone's options trading volume reached 1,751 contracts, equivalent to approximately 175,100 shares, representing 57.7% of its average daily trading volume of 303,300 shares over the past month, indicating significant market interest in the stock.
  • High Volatility Options: Notably, the $2700 strike put option expiring on July 17, 2026, has seen 534 contracts traded today, representing about 53,400 shares, reflecting investor expectations for future price fluctuations.
  • Robinhood Options Activity: Robinhood's options trading volume stood at 122,936 contracts, equivalent to approximately 12.3 million shares, or 48.5% of its average daily trading volume of 25.4 million shares over the past month, showcasing the stock's market activity.
  • Key Strike Options: For Robinhood, the $74 strike put option expiring on May 29, 2026, has traded 14,987 contracts today, representing approximately 1.5 million shares, indicating a divergence in investor sentiment regarding the stock's future trajectory.
CNBC
8.5
05-27CNBC
Analysis of Investment Opportunities in Data Centers
  • Portfolio Risk Assessment: The current portfolio has approximately 47% exposure to AI and data centers, which, while considered risky in a diversified strategy, reflects a strong confidence in the explosive growth of data centers.
  • Semiconductor Stock Recommendations: With a forward P/E ratio of about 10, Micron still has room to rise, and AMD, Marvell, and Intel are also recommended due to their strong performance in CPUs and GPUs, potentially driving investment returns further.
  • Storage and AI Hardware Investments: In the storage sector, Sandisk, Seagate, and Western Digital remain noteworthy stocks, while Dell's competitiveness in the AI hardware market makes it an attractive investment choice, expected to continue its growth trajectory.
  • Investment Strategy and Discipline: Despite the confidence in data center investment opportunities, Jim Cramer emphasizes maintaining responsible diversification in managing the charitable trust to avoid over-concentration in any single stock, thereby mitigating potential risks.
CNBC
8.5
05-27CNBC
Goldman Sachs' Hedge Fund VIP List Includes Micron Technology
  • Hedge Fund Favoritism: Micron Technology has made it to Goldman Sachs' coveted Hedge Fund VIP list, indicating strong interest from professional traders in its data and storage chips, reflecting optimistic market expectations for future growth.
  • Outstanding Market Performance: The VIP basket has risen 10% year-to-date, outperforming the S&P 500's 9% gain, suggesting that hedge fund investment strategies are excelling in the current market environment, thereby boosting investor confidence in Micron.
  • Stock Surge: Micron's shares soared 19% on Tuesday alone, pushing its market value past $1 trillion for the first time, primarily driven by insatiable AI demand for its memory chips, showcasing the company's competitiveness in emerging technologies.
  • Analyst Optimism: UBS has tripled its price target on Micron to $1,625, believing that the market will start to assign a more 'normal' multiple to the stock, indicating that it is likely to continue rising as structural changes driven by AI unfold.
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
Mizuho
NULL -> Outperform
maintain
$330 -> $380
AI Analysis
2026-05-27
New
Reason
Mizuho
Price Target
$330 -> $380
AI Analysis
2026-05-27
New
maintain
NULL -> Outperform
Reason
Mizuho raised the firm's price target on Lam Research to $380 from $330 and keeps an Outperform rating on the shares. Mizuho upped its wafter fab equipment spending estimate for 2026 to $153B from $142B and for 2027 to $190B from $163B. With an improving outlook, the current earnings estimates for Lam Research, Applied Materials, and MKS earnings are underestimated, the analyst tells investors in a research note. The wafer fab equipment space continues to benefit from NAND node transitions, TSMC spending, and DRAM and high bandwidth memory pricing strength, contends Mizuho.
Morgan Stanley
Equal Weight
to
Overweight
upgrade
$293 -> $331
2026-05-18
Reason
Morgan Stanley
Price Target
$293 -> $331
2026-05-18
upgrade
Equal Weight
to
Overweight
Reason
Morgan Stanley upgraded Lam Research (LRCX) to Overweight from Equal Weight with a price target of $331, up from $293. The magnitude of Morgan Stanley's DRAM wafer fab equipment revisions have narrowed, and the firm is now more positive on NAND wafter fab equipment revisions from here, the analyst tells investors in a research note. The firm cites its confidence on Lam's 2027 share gains for the upgrade. Morgan Stanley coupled the upgrade with a downgrade of Applied Materials (AMAT).
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 40.65, compared to its 5-year average forward P/E of 22.03. 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
22.03
Current PE
40.65
Overvalued PE
28.84
Undervalued PE
15.22

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
18.11
Current EV/EBITDA
35.84
Overvalued EV/EBITDA
23.48
Undervalued EV/EBITDA
12.75

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
5.99
Current PS
13.09
Overvalued PS
8.01
Undervalued PS
3.97

Financials

AI Analysis
Annual
Quarterly

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Whales Holding LRCX

T
The Glenmede Trust Company, National Association
Holding
LRCX
+72.21%
3M Return
C
Cathay Securities Investment Trust Co., LTD
Holding
LRCX
+50.60%
3M Return
R
Rafferty Asset Management, LLC
Holding
LRCX
+48.61%
3M Return
D
Defiance ETFs, LLC
Holding
LRCX
+38.91%
3M Return
F
Fuh Hwa Securities Investment Trust Co., Ltd.
Holding
LRCX
+38.82%
3M Return
S
Summit Partners Public Asset Management, LLC
Holding
LRCX
+36.37%
3M Return

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Frequently Asked Questions

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

The current price of LRCX is 319.84 USD — it has increased 0.58

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 May 29 2026.

What is Lam Research Corp (LRCX) market cap?

Today LRCX has the market capitalization of 398.84B USD.