Your Best Stock
$305.11
−$2.17 (-0.71%)
Market open · Sep 24, 1:10 pm ET
After hours $308.00 +0.23%
Open$302.39
Prev close$307.28
Day range$298.86 – $305.98
Volume2.98M
Market cap$381.79B
P/E (TTM)53.0
Dividend yield0.34%

Price chart

Daily bars for up to one year, weekly bars for the 5-year view. Averages are 50/200 trading days (10/40 weeks on the 5-year view).

LRCX at a glance

Lam Research (LRCX) is trading at $305.11, down 0.71% on the day. Its market value of $381.79B makes it the 31st largest of the 300 companies we follow.

The 52-week range is $130.21 to $438.03. Today's price is about 57% of the way from the low to the high. Holders are ahead 138.6% over twelve months, but down 18.6% across the last three months.

Price is below the 50-day average ($305.14) but above the 200-day ($269.21); RSI is 51, and the last 30 sessions moved at roughly 59% annualized volatility.

In the quarter ended Jun 2026 the company brought in $6.72B of revenue, up 30.0% from a year earlier, with $2.28B of net profit (a 31.3% margin).

Valuation works out to 53.0 times trailing earnings, 97% above its five-year average of 27.0. The median for its industry group is 53.0.

24 analysts follow the stock and the average call is "buy". The mean target, $395.45, sits 29.6% over where the stock trades.

This summary is put together from the numbers on the page and updates when they do. It describes the data; it is not a forecast or a recommendation.

Lam Research: the business

Lam Research makes deposition and etch equipment used in memory and logic chip fabrication.

What tends to move it. Memory maker spending, especially on NAND and DRAM for AI, and China sales limits drive orders.

Written by hand by the BeStock desk and revised when a business changes. See how we work. Spot something out of date? Tell us.

Performance

Price return over each window, from adjusted daily and weekly closes

1 day
-0.7%
1 week
+13.3%
1 month
-1.6%
3 months
-18.6%
6 months
+27.8%
Year to date
+78.6%
1 year
+138.6%
Day range
$298.86$305.98
52-week range
$130.21$438.03

Technical signals

Full technicals →
Trend readStrong uptrend

6 bullish · 1 bearish of 7 signals

IndicatorValueSignal
Price vs 20-day average+2.9%Bullish
Price vs 50-day average0.0%Bearish
Price vs 200-day average+13.3%Bullish
50-day vs 200-day50d above 200dBullish
RSI (14)50.7Bullish
MACD (12,26,9)-4.78Bullish
Bollinger band position63%Bullish

Standard indicator readings worked out from daily closes. They describe how the price has behaved, not where it is going.

Key statistics

Bid / Ask$304.75 / $304.92
Average price today$303.41
Volume2.98MAvg (90d) 10.66M
Turnover$905.10M
Turnover rate0.24%of shares outstanding
Volume ratio0.43vs. recent average pace
Day amplitude2.32%
Market cap$381.79B
Float market cap$379.53B
Shares outstanding1.24B
EPS (TTM)$5.76
P/E (TTM)52.97
P/B30.62
Book value / share$9.97
Earnings yield0.58%
Dividend (TTM)$1.04 / shareYield 0.34%
Net profit (TTM)$7.21B
Net assets$12.47B
30-day volatility59.2%annualized
Avg daily range (ATR)4.97%of price, 14 days
Max drawdown (1y)-41.8%-29.6% from 1y peak

Quote as of Sep 24, 2026 1:10 pm ET. Prices can lag the live tape. This is background information, not a recommendation.

How LRCX ranks on BeStock

Market value#31 of 300
P/E (cheapest = 1)#241 of 283
Dividend yield#227 of 244
Closeness to 52-week high#264 of 300
Dollar volume today#41 of 300

Ranks are among the 300 or so U.S.-listed stocks BeStock covers, recalculated whenever prices refresh. A row is left out when the measure does not apply, such as yield for a stock that pays no dividend.

Latest reported quarter: Q4, ended Jun 2026

Revenue$6.72B+30.0% YoY
Operating profit$2.51B+44.4% YoY
Net profit$2.28B+32.4% YoY
Diluted EPS$1.81+34.1% YoY
Free cash flow$1.27B-46.7% YoY
Operating cash flow$1.46B

Revenue, last 8 quarters

$4.2BSep '24$4.4BDec '24$4.7BMar '25$5.2BJun '25$5.3BSep '25$5.3BDec '25$5.8BMar '26$6.7BJun '26

Net profit, last 8 quarters

$1.1BSep '24$1.2BDec '24$1.3BMar '25$1.7BJun '25$1.6BSep '25$1.6BDec '25$1.8BMar '26$2.3BJun '26

Profitability & balance sheet

Gross margin50.5%
Operating margin35.3%
Net margin31.3%
Return on equity65.1%
Return on assets32.4%
Return on invested capital47.3%
Current ratio2.63
Liabilities / assets47.0%
Cash & investments$5.58B
Total debt$3.73B
Net cash (debt)$1.85B
Free cash flow / sales21.1%

Where the revenue comes from

Quarter 2026/FY

By region

  • China$7.86B 33.8%
  • Taiwan$5.22B 22.5%
  • Korea$4.51B 19.4%
  • Japan$2.17B 9.3%
  • United States$1.53B 6.6%
  • Southeast Asia$1.25B 5.4%
  • Europe$698.71M 3.0%
Average move on report day±5.5%last 16 reports
Closed higher13 of 1681% of the time
Best reaction+18.0%
Worst reaction-4.3%

Stock move on the day after each report

+5.1%2025/Q1+7.4%2025/Q2+6.2%2025/Q3-4.3%2025/Q4+4.5%2026/Q1+3.6%2026/Q2-2.6%2026/Q3+18.0%2026/Q4

"Implied move" is the size of move the options market was pricing ahead of the report. Move is the stock’s change on the first session after the release.

Valuation

Multiples measured against the stock's own five-year history

Valuation detail →
Price / earnings51.8x
CheapRich

Near the top of its 5-year range · 93rd percentile, 5-year average 27.0x

#2536 of 2977 stocks by PE (1 = cheapest)

Price / book29.9x
CheapRich

Near the top of its 5-year range · 92nd percentile, 5-year average 15.0x

#5167 of 5303 stocks by PB (1 = cheapest)

Price / sales16.1x
CheapRich

Near the top of its 5-year range · 94th percentile, 5-year average 7.3x

#4596 of 5143 stocks by PS (1 = cheapest)

P/E over five years

6x29x52x75xSep '21Mar '24Sep '26

Dashed line is the 5-year average; the shaded band is one standard deviation either side.

Morningstar fair value estimate

Fair value$310.00
Price vs. fair value-1.6%Close to the estimate
Star rating★★★☆☆
Economic moatWide
UncertaintyHigh

Analyst view

All ratings →
ConsensusBuy
Analysts24
Average target$395.45+29.6% vs. price
  • Buy 88%
  • Hold 13%
Low $275.00Now $305.11Avg $395.45High $700.00

Latest rating actions

  • 14 Sep 2026BernsteinBUY · PT $385.00
  • 12 Sep 2026SIGBUY · PT $475.00
  • 8 Sep 2026Berenberg BankBUY · PT $420.00
  • 5 Sep 2026SIGBUY
  • 2 Sep 2026BernsteinBUY · PT $385.00

Ownership & positioning

Who holds it, who is betting against it, and where the big money is moving

Ownership detail →
Institutional ownership87.9%-0.15 pts vs. prior quarter
Institutions holding3,615-14 vs. prior quarter
Insider trades (recent)0 buys / 5 sellsNet selling
Short interest2.22% of floatDays to cover 3.8 · as of 31 Aug 2026
Short-sale volume share11.3%5-day average of daily volume

Short-sale volume as % of daily volume

7%11%16%20%Aug '26Sep '26Sep '26

Large-order net flow, last 20 sessions

Net of large-order buying minus selling, in USD. Over this window: −$113.35M (7 inflow days, 13 outflow days).

Dividends

Dividend yield (TTM)0.34%
Last dividend$0.33Ex-date 23 Sep 2026
Next-to-last$0.26
Payments on file40

Dividends paid per share, by year

3.8020184.5020194.9020205.6020216.4520227.4520236.5320240.982025

Across the full calendar years shown, the annual payout shrank by roughly 17.6% a year.

Latest headlines

More news →
  • Berenberg Bank Maintains Lam Research(LRCX.US) With Buy Rating, Raises Target Price to $420Market news · 9 Sep 2026
  • Form 144 | Lam Research(LRCX.US) Officer Proposes to Sell 9.58 Million in Common StocksMarket news · 9 Sep 2026
  • Lam Research(LRCX.US) Officer Sells US$17.41 Million in Common StockMarket news · 4 Sep 2026
  • Bernstein Maintains Lam Research(LRCX.US) With Buy Rating, Maintains Target Price $385Market news · 3 Sep 2026
  • Bernstein Maintains Lam Research(LRCX.US) With Buy Rating, Maintains Target Price $385Market news · 14 Sep 2026
  • Lam Research(LRCX.US) Officer Sells US$9.58 Million in Common StockMarket news · 11 Sep 2026

LRCX stock: common questions

How is Lam Research stock doing today?

$305.11 is the latest print for LRCX, a move of -0.71% against yesterday's close of $307.28. Today's low and high so far: $298.86 and $305.98.

How big is Lam Research?

Equity value comes to $381.79B at the current price. By that measure it is number 31 of the 300 names in our coverage.

How is Lam Research valued against its profits?

Buyers pay 53.0 times the last twelve months of profit (EPS $5.76). Averaged over five years the multiple has been 27.0, and today's level ranks in the 93rd percentile of its own history.

How far is LRCX from its yearly high?

The year's floor is $130.21 and the ceiling $438.03. Shares are 30.3% away from that ceiling.

Are there dividends on Lam Research shares?

It does. Payouts over the past twelve months work out to a 0.34% yield; the latest ex-dividend date was September 23, 2026.

Do Wall Street analysts like LRCX?

Of 24 analysts, 88% say buy, 13% hold and 0% sell. Price targets average $395.45, with the most cautious at $275.00 and the most optimistic at $700.00.

How does Lam Research make money?

Lam Research makes deposition and etch equipment used in memory and logic chip fabrication.

BeStock publishes market data and analysis for information only. Nothing here is investment advice or a solicitation to buy or sell any security. Quotes may be delayed and figures can contain errors; check primary sources before you trade. How we source and calculate these pages.

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