LRCXLam Research Corp — stock analysis & sentiment
Lam Research Corp (LRCX) last closed at $263.45, around the middle of its 52-week range of $135.50–$438.50. Composite market sentiment across 2 analyses is neutral (+9 on a −100 to +100 scale), as of Oct 21, 2026.
Produced by the Synoptiv Research Engine from public financial data. Read the methodology.
Go beyond the overview
The thesis, technical signals, risk levels, and complete evidence — everything the overview leaves out.
What changed
Since the previous analysis (v1) on Aug 22, 2026.
LRCX fell to $263.45, from $314.00 at the previous analysis.
Composite sentiment ticked down from +13 to +9, turning neutral from positive.
44 headlines since the last analysis — 20 positive, 3 negative, 21 neutral.
Market cap fell -16.09%, from $392.91B to $329.69B.
The written analysis on this page was refreshed for v2.
What the data says
An overview of the public data behind LRCX.
At $263.45, Lam Research is about 40% below its 52-week high of $438.50 and nearly double its 52-week low of $135.50, which puts it a little under the middle of its range. The high is more than three times the low, so the stock has moved through a very wide band over the past year. That fits a beta of about 1.85, meaning the shares have typically moved almost twice as much as the broader market in either direction.
The market values the company at roughly $330 billion. The trailing price-to-earnings ratio is about 46, but the forward figure is about 22, so the market's earnings estimates for the coming year are far above what the company has earned over the past year. The business is highly profitable, keeping about 31 cents of every revenue dollar as profit, and revenue grew around 30% from a year earlier. The price-to-book ratio is about 26, so the market values the company far above the net assets on its balance sheet. The dividend yield is small, at about 0.5%.
Recent news has mixed company-specific and sector coverage. Headlines about Lam itself covered its record against earnings estimates, analyst expectations for the shares, and a session in which the stock fell more than the broader market. Alongside these ran wider pieces on the outlook for AI, semiconductors, and quantum computing, roundups of technology stocks and dividend-focused ETFs, a feature on a well-known investor's large chip-stock holding, and a look back at peer Applied Materials.
Written from public market data. Research, not financial advice — the thesis, signals and risk levels are in the full report.
Price chart
LRCX daily price history.
Market sentiment
A composite of the public market data in this analysis, from −100 (bearish) to +100 (bullish).
This gauge blends news tone, analyst views, insider and congressional activity, and price momentum into a single score. The full report breaks down each driver and pairs it with the thesis.
See the full sentiment breakdown in the report →Key stats
A public snapshot of commonly used market and valuation measures.
Valuation & size
- Market cap
- $329.69B
- Enterprise value
- $328.2B
- P/E (TTM)
- 45.74
- Forward P/E
- 22.07
- Price / book
- 26.43
- Price / sales
- 14.19
Profitability & growth
- Net margin
- 31.27%
- Revenue growth
- +30.00%
- Earnings growth
- +34.80%
- Dividend yield
- 0.50%
Price & risk
- Beta
- 1.85
- Average volume
- 9.18M
From noise to signal. The full report has LRCX’s thesis, trade signal, and risk levels.
About Lam Research Corp
Lam Research Corporation designs, manufactures, and services equipment that semiconductor manufacturers use to make integrated circuits. Its systems mainly handle three steps in wafer fabrication: deposition, which builds up thin films of material on a wafer; etch, which removes material to form circuit patterns; and wafer cleaning. Customers use the equipment to make memory, logic, and foundry chips. The company sells to chipmakers in the United States, China, Korea, Taiwan, Japan, Southeast Asia, and Europe. Lam's deposition products include the ALTUS, SABRE, Striker, and VECTOR lines. They are used for metal, copper, and dielectric film work. Its etch products include Kiyo, Flex, Vantex, Syndion, Versys, and Akara, along with the selective etch systems Argos, Prevos, and Selis. Its cleaning products include the Coronus bevel clean line and the Da Vinci, DV-Prime, EOS, and SP series. The company also offers refurbished equipment through its Reliant line, plus customer service, spare parts, and upgrades for systems already installed. Lam was incorporated in 1980 and is headquartered in Fremont, California.
Latest news
Recent headlines related to LRCX, with vendor tone.
LRCX — frequently asked questions
Answered from the public data on this page.
What is the current market sentiment for LRCX?
As of Oct 21, 2026, Lam Research Corp (LRCX) carries neutral (+9 on a −100 to +100 scale) composite sentiment. The score fuses recent news tone, analyst recommendations, technical posture, insider and congressional activity, and market attention into a single figure. The full breakdown of each component is in the report.
How has LRCX stock been performing?
Lam Research Corp last closed at $263.45, around the middle of its 52-week range of $135.50–$438.50.
What is LRCX's market cap and valuation?
Lam Research Corp has a market capitalization of about $329.69B, a trailing P/E of 45.7, a dividend yield of 0.50%.
What sector is LRCX in, and who are its competitors?
Lam Research Corp operates in the Technology sector, specifically Semiconductor Equipment & Materials. Comparable companies include AMAT, KLAC, TER, Q, ENTG.
Where can I find a full analysis of LRCX?
The full LRCX report covers the bull and bear cases, technical signals with entry, stop and target levels, complete financial statements, earnings history, insider and congressional trades, and the conditions that would invalidate the thesis. It requires a free account.
Analysis history
Every saved analysis, newest first.