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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
337.420
Open
324.220
VWAP
330.58
Vol
5.74M
Mkt Cap
407.85B
Low
322.720
Amount
1.90B
EV/EBITDA(TTM)
55.68
Total Shares
1.25B
EV
436.93B
EV/OCF(TTM)
62.83
P/S(TTM)
20.45
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)
2026-07-07
09:31:00
Markets Retreat as Samsung's Earnings Fail to Boost Semiconductor Stocks
select
2026-06-30 (ET)
2026-06-30
10:00:00
Air Products and Others See Notable Gains
select
2026-06-24 (ET)
2026-06-24
20:00:00
Micron Technology Shares Rise 14.4%, Boosting Semiconductor Sector
select
2026-06-17 (ET)
2026-06-17
10:00:00
Jabil Circuit Gains $38.53 to $414.04
select

News

NASDAQ.COM
4.5
07-07NASDAQ.COM
US Stocks Close Lower as Chipmakers Weigh on Market
  • Market Decline: On Tuesday, the S&P 500 index fell by 0.45%, the Dow Jones Industrial Average dropped by 0.25%, and the Nasdaq 100 index decreased by 1.77%, indicating a broader market decline under pressure from a selloff in chipmakers, reflecting investor concerns over high valuations.
  • Samsung's Earnings Disappointment: Despite Samsung Electronics reporting a 19-fold profit surge, its stock plummeted over 8% in South Korea, suggesting market skepticism regarding the future profitability of the semiconductor sector, which could impact investor confidence in related companies.
  • Geopolitical Risks Heightened: Crude oil prices surged to a 1.5-week high due to attacks on shipping in the Strait of Hormuz, raising inflation expectations and pushing bond yields higher, with the 10-year T-note yield reaching a 3.5-week high of 4.54%, adding uncertainty to the market.
  • Strength in Software Stocks: Despite the overall market pressure, strong performance in software stocks indicates a rotation of funds into other sectors, with companies like Workday seeing stock price increases of over 4%, providing some support for the market.
NASDAQ.COM
4.5
07-07NASDAQ.COM
US Stocks Decline as Chipmakers Struggle
  • Market Decline: The S&P 500 index fell by 0.67%, the Dow Jones Industrial Average by 0.38%, and the Nasdaq 100 by 2.14%, indicating a bearish market sentiment, particularly driven by a selloff in chipmakers.
  • Samsung's Earnings Disappointment: Despite a staggering 19-fold profit increase, Samsung Electronics' stock dropped over 8% in South Korea, reflecting investor concerns over high valuations in the semiconductor sector, which could undermine overall market confidence.
  • Rising Oil Prices: Following attacks in the Strait of Hormuz, WTI crude oil prices surged over 2%, raising inflation expectations and pushing bond yields higher, with the 10-year T-note yield reaching a 3.5-week high of 4.52%.
  • Widening Trade Deficit: The US trade deficit for May expanded to $77.6 billion, the largest in 14 months, which may negatively impact Q2 GDP, adding to market uncertainties.
CNBC
9.5
07-07CNBC
Samsung's Earnings Beat Expectations but Shares Plummet
  • Earnings Surprise: Samsung Electronics reported quarterly profits exceeding both Nvidia and Apple, with an expected operating profit surge of 1,800%, yet failed to meet Wall Street's high expectations for AI demand, resulting in an 8% drop in share price.
  • Market Reaction: Despite strong earnings, investor concerns over AI spending led to a 5% decline in the KOSPI index, impacting other semiconductor stocks like SK Hynix and Micron Technology, which also saw significant sell-offs.
  • Memory Chip Price Surge: The ongoing artificial demand has driven memory chip prices up, resulting in stock price increases of 220% for Micron and 570% for Sandisk this year, but investors are worried that such growth may not be sustainable, potentially affecting future profitability.
  • Uncertain Industry Outlook: As Chinese AI startup Deepseek develops its own chips to circumvent U.S. export bans, market concerns about reliance on Nvidia for future growth have intensified, further heightening investor anxiety.
Newsfilter
2.0
07-07Newsfilter
Semiconductor Stocks Drop as Investors Disappointed
  • Samsung's Results Fail to Boost Market: Despite Samsung Electronics reporting quarterly profits exceeding those of Nvidia and Apple, its shares fell 8%, indicating that investors have set excessively high expectations for AI demand, reflecting market sensitivity to earnings and concerns about future growth.
  • Broad Market Reaction: The South Korean KOSPI index dropped about 5%, mirroring Samsung's stock decline, while SK Hynix's shares fell approximately 7% ahead of its upcoming listing, showcasing investor caution regarding the semiconductor industry's outlook.
  • Surge in Memory Chip Prices: Memory chips have seen significant price increases due to supply constraints, with Micron and Sandisk shares rising over 220% and 570%, respectively, this year; however, investors are worried that AI spending may not keep pace with soaring memory prices, leading to a pessimistic market sentiment.
  • Challenges from Chinese Startups: Chinese AI startup Deepseek is reportedly developing its own chip to bypass U.S. export bans, heightening concerns about reliance on Nvidia and potentially impacting future investment decisions and industry dynamics.
Fool
9.5
07-07Fool
Samsung Electronics Earnings Trigger Market Sell-Off
  • Impressive Earnings: Samsung Electronics reported preliminary earnings with a 129% year-over-year revenue increase and a 19-fold surge in operating profits, driven by strong global demand for AI hardware; however, the market's sell-off indicates investor concerns about future growth expectations.
  • Severe Market Reaction: Despite Samsung's remarkable performance, its stock fell 10% at the close of the Korean market, leading to significant declines in U.S. semiconductor stocks, with Micron, Intel, and Lam Research down 7.2%, 10.6%, and 7.7% respectively, exerting considerable pressure on the Nasdaq index.
  • Widespread Industry Impact: Even within the S&P 500, where gains in healthcare stocks partially offset tech declines, industrial giants Caterpillar and Honeywell saw their stocks drop 5.8% and 8.5%, respectively, erasing a total of 355 points from the Dow, reflecting a broader market pessimism towards tech stocks.
  • Uncertain Future Outlook: The market's tepid response to Samsung's strong earnings suggests that investors perceive the current peak as a potential signal for future declines, with expectations of continued volatility in the semiconductor sector, particularly ahead of upcoming earnings reports and guidance from other chip companies.
NASDAQ.COM
9.5
07-07NASDAQ.COM
Samsung's 19-Fold Profit Surge Raises Market Concerns
  • Profit Surge: Samsung Electronics reported a staggering 129% year-over-year revenue increase and a 19-fold surge in operating profits; however, investors interpreted this as a peak signal for AI demand, resulting in a 10% stock price drop.
  • Market Reaction: Despite Samsung's impressive results, the semiconductor sector suffered as rivals Micron, Intel, and Lam Research saw stock declines of 7.2%, 10.6%, and 7.7% respectively, indicating investor concerns about future growth prospects.
  • Nasdaq Performance: SpaceX's debut as a Nasdaq-100 component coincided with a 5.4% drop, exacerbating the overall decline in tech stocks, with the Nasdaq Composite falling by 1.3% on the same day.
  • Oil Price Fluctuation: Following a tanker fire in the Strait of Hormuz, oil prices rose by 2.3%, yet negotiations between the U.S. and Iran remain stalled, highlighting the geopolitical risks impacting market stability.
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
Morgan Stanley
Shane Brett
NULL -> Overweight
maintain
$331 -> $404
AI Analysis
2026-07-06
New
Reason
Morgan Stanley
Shane Brett
Price Target
$331 -> $404
AI Analysis
2026-07-06
New
maintain
NULL -> Overweight
Reason
Morgan Stanley analyst Shane Brett raised the firm's price target on Lam Research to $404 from $331 and keeps an Overweight rating on the shares.
Susquehanna
Mehdi Hosseini
Positive
maintain
$385 -> $475
2026-06-30
Reason
Susquehanna
Mehdi Hosseini
Price Target
$385 -> $475
2026-06-30
maintain
Positive
Reason
Susquehanna analyst Mehdi Hosseini raised the firm's price target on Lam Research to $475 from $385 and keeps a Positive rating on the shares. The firm updated its model following channel checks suggesting an upward revision to SCE backlog now extending beyond one year, with WFE expected to reach as high as $300B. Susquehanna is now raising its estmates for 2026 and 2027 and introducing 2028 projections based on WFE of $250B.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for LRCX
Unlock Now

Valuation Metrics

The current forward P/E ratio for Lam Research Corp (LRCX.O) is 44.25, compared to its 5-year average forward P/E of 22.85. 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
22.85
Current PE
44.25
Overvalued PE
30.05
Undervalued PE
15.65

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
18.64
Current EV/EBITDA
39.13
Overvalued EV/EBITDA
24.92
Undervalued EV/EBITDA
12.35

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
6.19
Current PS
14.28
Overvalued PS
8.59
Undervalued PS
3.80

Financials

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Whales Holding LRCX

F
Fuh Hwa Securities Investment Trust Co., Ltd.
Holding
LRCX
+42.66%
3M Return
B
Bluebox Asset Management Uk Ltd.
Holding
LRCX
+42.49%
3M Return
S
Summit Partners Public Asset Management, LLC
Holding
LRCX
+37.64%
3M Return
R
Rafferty Asset Management, LLC
Holding
LRCX
+36.80%
3M Return
P
Penserra Capital Management LLC
Holding
LRCX
+35.74%
3M Return
E
Eventide Asset Management, LLC
Holding
LRCX
+33.34%
3M Return

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Frequently Asked Questions

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

The current price of LRCX is 331.6 USD — it has increased 1.68

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 July 08 2026.

What is Lam Research Corp (LRCX) market cap?

Today LRCX has the market capitalization of 407.85B USD.