Lam Research Corporation logo

Lam Research Corporation

LRCX

NASDAQTechnologySemiconductors

Previous close

$314

+$3.47 · +1.12%

Aug 21, 4:00 PM ET

LRCX company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

52

Fair Value

Momentum

57

Neutral

Sentiment

56

Mixed

Risk resilience

47

Elevated Risk

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Company profile

Company website

Lam Research Corporation is a prominent supplier of equipment vital for semiconductor processing, encompassing its design, production, sales, repair, and ongoing maintenance. These sophisticated systems are fundamental for the creation of integrated circuits. The company's extensive product catalog features a variety of deposition technologies. For tungsten metallization, they provide ALTUS systems that deposit conformal films. SABRE products excel in electrochemical deposition, crucial for copper interconnect transitions and enabling copper damascene manufacturing. SOLA utilizes ultraviolet thermal processing for film treatments, while VECTOR delivers plasma-enhanced chemical vapor deposition (CVD) and atomic layer deposition (ALD) solutions. Furthermore, SPEED addresses gapfill applications with its high-density plasma CVD products, and Striker is engineered for single-wafer atomic layer deposition of dielectric films. Beyond deposition, Lam Research offers a comprehensive suite of etching tools. Flex is designed for dielectric etch applications, Kiyo handles conductor etch processes, Syndion specializes in through-silicon via etching, and Versys metal products are used for metal etch processes. The company's offerings also extend to specialized solutions like Coronus, which enhances die yield through bevel cleaning. For various wafer cleaning requirements, Lam Research supplies multiple product lines, including Da Vinci, DV-Prime, EOS, and SP series. Additionally, Metryx mass metrology systems provide precise, in-line mass measurement capabilities for semiconductor wafer manufacturing. Lam Research serves the global semiconductor industry, distributing its technologies and services across the United States, China, Europe, Japan, Korea, Southeast Asia, Taiwan, and other international markets. Established in 1980, the company maintains its corporate headquarters in Fremont, California.

Industry
Semiconductors
Sector
Technology
Headquarters
US
CEO
Timothy Archer
Listed since
May 4, 1984
Employees
23,300

Market position

Day range

Current $314

52-week range

Current $314

Open
$316.66
Previous close
$310.53
Volume
5.95M
0.54× average
Average volume
10.92M
Average daily volume
Market cap
392.68B USD
Beta
1.87
Market reference 1
50-day average
$337.28
-6.90% below average
200-day average
$253.59
+23.82% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
54.23×
P/B (TTM)
31.6×
P/S (TTM)
16.9×
Dividend yield
0.33%

Profitability & efficiency

Gross margin
50.47%
Operating margin
35.29%
Net margin
31.27%

Financial health

Debt / equity
0.33×

Earnings

EPS beat rate
91%
10 beats, 1 miss, 0 met estimates
Average EPS surprise
-2.32%
11 comparable reports
Latest EPS result
1.82
Estimate 1.69 · Beat by 7.69%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates2.251.761.270.78Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 29, 2025: actual 0.91, estimate 0.878, surprise +3.64%, Beat. Q2 2025, reported Apr 23, 2025: actual 1.04, estimate 1, surprise +4.00%, Beat. Q3 2025, reported Jul 30, 2025: actual 1.33, estimate 1.21, surprise +9.92%, Beat. Q4 2025, reported Oct 22, 2025: actual 1.26, estimate 1.22, surprise +3.28%, Beat. Q1 2026, reported Jan 28, 2026: actual 1.27, estimate 1.17, surprise +8.55%, Beat. Q2 2026, reported Apr 22, 2026: actual 1.47, estimate 1.36, surprise +8.09%, Beat. Q3 2026, reported Jul 29, 2026: actual 1.82, estimate 1.69, surprise +7.69%, Beat. Q4 2026, reported Oct 21, 2026: actual —, estimate 2.15, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates8.46B6.97B5.48B3.99BQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 29, 2025: actual 4.38B USD, estimate 4.32B USD, surprise +1.36%, Beat. Q2 2025, reported Apr 23, 2025: actual 4.72B USD, estimate 4.64B USD, surprise +1.67%, Beat. Q3 2025, reported Jul 30, 2025: actual 5.17B USD, estimate 5B USD, surprise +3.35%, Beat. Q4 2025, reported Oct 22, 2025: actual 5.32B USD, estimate 5.22B USD, surprise +1.93%, Beat. Q1 2026, reported Jan 28, 2026: actual 5.34B USD, estimate 5.23B USD, surprise +2.13%, Beat. Q2 2026, reported Apr 22, 2026: actual 5.84B USD, estimate 5.75B USD, surprise +1.58%, Beat. Q3 2026, reported Jul 29, 2026: actual 6.72B USD, estimate 6.66B USD, surprise +0.86%, Beat. Q4 2026, reported Oct 21, 2026: actual —, estimate 8.13B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$371.29

18.25% upside
Past 12 months12-month forecastHigh $500Average $371.29Low $290

Rating distribution

50 ratings
Strong buy00%
Buy3978%
Hold1020%
Sell12%
Strong sell00%

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$0.98

2025 complete year+75.0% since 2021

2026 partial: $0.52

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Jun 17, 2026

$0.26

Quarterly

Record Jun 17, 2026 · Payment Jul 8, 2026

Dividend

Ex-dividend Mar 4, 2026

$0.26

Quarterly

Record Mar 4, 2026 · Payment Apr 8, 2026

Dividend

Ex-dividend Dec 3, 2025

$0.26

Quarterly

Record Dec 3, 2025 · Payment Jan 7, 2026

Dividend

Ex-dividend Sep 24, 2025

$0.26

Quarterly

Record Sep 24, 2025 · Payment Oct 15, 2025

Dividend

Ex-dividend Jun 18, 2025

$0.23

Quarterly

Record Jun 18, 2025 · Payment Jul 9, 2025

Dividend

Ex-dividend Mar 5, 2025

$0.23

Quarterly

Record Mar 5, 2025 · Payment Apr 9, 2025

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