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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
401.050
Open
397.220
VWAP
395.85
Vol
5.90M
Mkt Cap
467.94B
Low
391.290
Amount
2.33B
EV/EBITDA(TTM)
59.50
Total Shares
1.25B
EV
466.92B
EV/OCF(TTM)
67.14
P/S(TTM)
21.85
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
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
17:04 PMNASDAQ.COM
US Stocks Surge as Geopolitical Risks Ease
  • Market Rebound: The signing of a preliminary deal by President Trump to end the US-Iran war has driven crude oil prices to a 3.5-month low, resulting in a broad market rally with the S&P 500 up 0.99% and the Nasdaq 100 up 2.16%, indicating a resurgence in risk appetite among investors.
  • Chip Stocks Lead Gains: Intel shares surged 7% after Trump announced a partnership with Apple to design and produce semiconductors domestically, propelling the entire semiconductor sector higher, with the iShares Semiconductor ETF rising over 5%, reflecting strong investor confidence in tech stocks.
  • Energy Stocks Under Pressure: Crude oil prices fell more than 3%, putting pressure on energy producers, with major companies like ExxonMobil and Chevron experiencing declines, highlighting market concerns regarding the energy sector's outlook amid falling oil prices.
  • Supportive Economic Data: Initial jobless claims in the US fell to 226,000, close to the expected 225,000, indicating labor market resilience, while the Philadelphia Fed business outlook index rose to 10.3, exceeding expectations, further bolstering market optimism.
CNBC
9.5
17:01 PMCNBC
Enphase Energy Shares Surge Following Production Announcement
  • Enphase Energy Surge: Enphase Energy's shares jumped 10% after announcing the commencement of production shipments for its IQ9S microinverters, indicating strong growth potential in the global energy technology sector.
  • AI-Related Stocks Rally: Stocks tied to artificial intelligence and data center infrastructure saw significant gains, with Corning up 7% and Credo Technology rising 5%, reflecting ongoing investor optimism in AI technologies.
  • Kroger Earnings Miss: Kroger reported first-quarter earnings of $1.58 per share, slightly below analysts' expectations of $1.59, resulting in a more than 6% drop in stock price, despite revenue of $46.12 billion exceeding forecasts.
  • Smith & Wesson Performance: Smith & Wesson's stock surged approximately 20% after reporting earnings and revenue beats, with handgun sales increasing 23% year-over-year, highlighting strong demand in the firearms market.
NASDAQ.COM
4.5
16:04 PMNASDAQ.COM
US Stocks Surge as Chipmakers Lead Gains Amid Positive Economic News
  • Market Rally: Following President Trump's signing of a preliminary US-Iran ceasefire agreement, the S&P 500 rose by 0.73%, the Dow Jones by 0.53%, and the Nasdaq 100 by 1.62%, reflecting a risk-on sentiment in asset markets.
  • Chipmaker Surge: Intel's stock jumped 8% after Trump announced a partnership with Apple to design and produce semiconductors domestically, leading the semiconductor sector higher, with the iShares Semiconductor ETF up over 4%.
  • Supportive Economic Data: Weekly initial unemployment claims fell by 4,000 to 226,000, close to the expected 225,000, while the Philadelphia Fed business outlook survey rose by 10.7 to 10.3, exceeding expectations and bolstering market confidence.
  • Oil Price Decline Impact: WTI crude oil prices dropped over 2% to a new 3.5-month low, potentially releasing over 100 oil-laden tankers stuck in the Persian Gulf, which could increase market supply and influence future oil price trends.
CNBC
2.0
12:01 PMCNBC
Intel Partners with Apple for Chip Manufacturing in the U.S.
  • Intel Stock Surge: Intel's shares soared nearly 9% after President Trump announced a deal with Apple for chip design and manufacturing in the U.S., which is expected to enhance the competitiveness of the American semiconductor industry.
  • Chip Sector Rally: Following Intel's announcement, chipmakers experienced a broad rally, with Marvell Technology rising nearly 7% and both Lam Research and Applied Materials increasing about 5%, indicating optimistic market sentiment towards the semiconductor sector.
  • Smith & Wesson Strong Performance: Gunmaker Smith & Wesson reported earnings and revenue beats, leading to a 14% stock increase, with handgun sales up 23% year-over-year, representing 80% of total units shipped in the quarter, reflecting robust market demand.
  • Accenture Acquisition Impact: Accenture's stock fell 13% after announcing its acquisition of asset intelligence company runZero and cybersecurity firm Dragos, with the combined deal valued at approximately $4.175 billion, raising concerns about the company's acquisition strategy.
NASDAQ.COM
4.5
01:03 AMNASDAQ.COM
US Stocks Plunge as Tech Sector Weighs Down Market
  • Market Weakness: On Wednesday, the S&P 500 Index fell by 1.21%, the Dow Jones Industrial Average dropped by 0.98%, and the Nasdaq 100 Index declined by 0.99%, reflecting market concerns over potential interest rate hikes by the Fed, particularly amid weak performance in technology stocks.
  • Economic Data Support: Despite the market downturn, US May retail sales rose by 0.9% month-over-month, surpassing expectations of 0.6%, indicating resilient consumer demand, while pending home sales increased by 3.8% month-over-month, marking the largest gain in 20 months, potentially providing some support to the market.
  • Fed Policy Outlook: The Fed maintained interest rates at its meeting on Wednesday but indicated through its dot plot that at least one more 25 basis point hike is expected this year, with the 2026 year-end federal funds rate projection raised to 3.75%, reflecting a cautious outlook on future economic conditions.
  • International Market Response: While US stocks declined, overseas markets performed strongly, with the Euro Stoxx 50 reaching a new record high and closing up 0.68%, demonstrating global investor confidence in economic recovery, which may contrast with the US market's performance.
Fool
9.5
06-17Fool
Micron and Sandisk Drive Investor Gains Amid Memory Shortage
  • Market Dynamics Favorable: In 2026, Micron Technology and Sandisk delivered impressive gains to investors due to memory market demand significantly outpacing supply, particularly as AI data centers rapidly corner the memory chip market, creating severe shortages for smartphones, vehicles, and other applications.
  • Growth Demand Forecast: Demand for AI-focused high-bandwidth memory (HBM) is expected to grow at an annual rate of 30% through 2030, with HBM production requiring three times the wafer capacity of conventional memory, ensuring the current strong pricing environment remains sustainable.
  • Accelerated Investments: Micron is set to spend $25 billion in capital expenditures this fiscal year, a significant increase from last year's $13.8 billion, while SK Hynix plans to double its wafer capacity over the next five years, indicating that the memory shortage is likely to persist until 2030.
  • Optimistic Outlook for Lam Research: Lam Research's earnings are projected to grow by 37% this fiscal year to $5.68 per share, and despite its high valuation, the increasing investment in memory equipment suggests that Lam could consistently exceed Wall Street expectations, paving the way for further stock price increases.
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 46.95, compared to its 5-year average forward P/E of 22.47. 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
22.47
Current PE
46.95
Overvalued PE
29.31
Undervalued PE
15.62

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
18.36
Current EV/EBITDA
41.44
Overvalued EV/EBITDA
24.12
Undervalued EV/EBITDA
12.60

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
15.12
Overvalued PS
8.27
Undervalued PS
3.90

Financials

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Whales Holding LRCX

B
Bluebox Asset Management Uk Ltd.
Holding
LRCX
+104.81%
3M Return
T
The Glenmede Trust Company, National Association
Holding
LRCX
+73.43%
3M Return
C
Cathay Securities Investment Trust Co., LTD
Holding
LRCX
+62.60%
3M Return
R
Rafferty Asset Management, LLC
Holding
LRCX
+60.18%
3M Return
F
Fuh Hwa Securities Investment Trust Co., Ltd.
Holding
LRCX
+50.02%
3M Return
D
Defiance ETFs, LLC
Holding
LRCX
+46.32%
3M Return

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Frequently Asked Questions

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

The current price of LRCX is 395.21 USD — it has increased 5.62

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 18 2026.

What is Lam Research Corp (LRCX) market cap?

Today LRCX has the market capitalization of 467.94B USD.