Lam Research (LRCX) Stock Overview
Designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits in the United States, China, Korea, Taiwan, Japan, Southeast Asia, and Europe. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 2/6 |
| Past Performance | 6/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
No risks detected for LRCX from our risk checks.
LRCX Community Fair Values
Create NarrativeSee what 331 others think this stock is worth. Follow their fair value or set your own to get alerts.
Lam Research Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$141.51 |
| 52 Week High | US$153.70 |
| 52 Week Low | US$56.32 |
| Beta | 1.84 |
| 1 Month Change | 16.09% |
| 3 Month Change | 40.58% |
| 1 Year Change | 94.28% |
| 3 Year Change | 283.19% |
| 5 Year Change | 299.84% |
| Change since IPO | 54,095.34% |
Recent News & Updates
Recent updates
Lam Research: Priced For Perfection
Oct 13There's Reason For Concern Over Lam Research Corporation's (NASDAQ:LRCX) Massive 26% Price Jump
Sep 19
Lam Research Corporation's (NASDAQ:LRCX) Business Is Trailing The Market But Its Shares Aren't
Jul 27
Is Now The Time To Look At Buying Lam Research Corporation (NASDAQ:LRCX)?
Jul 02Does This Valuation Of Lam Research Corporation (NASDAQ:LRCX) Imply Investors Are Overpaying?
Jun 18Lam Research Q3: NAND Upgrade Cycle Drives Growth; Downgrade To 'Hold'
Apr 27The Price Is Right For Lam Research Corporation (NASDAQ:LRCX)
Apr 18Lam Research: Tides Have Turned, Buy This Semiconductor Refurbisher
Apr 17Is Now An Opportune Moment To Examine Lam Research Corporation (NASDAQ:LRCX)?
Mar 27Lam Research: Phenomenal Long Term Outlook For This Semi Equipment Giant
Mar 14Lam Research: Time To Buy Despite Tariff Concerns
Mar 07Estimating The Fair Value Of Lam Research Corporation (NASDAQ:LRCX)
Feb 17Results: Lam Research Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts
Feb 04I Was Wrong; Lam Research Is A Top Semiconductor Pick (Technical Analysis, Rating Upgrade)
Feb 02Investors Interested In Lam Research Corporation's (NASDAQ:LRCX) Earnings
Jan 07Lam Research: Bullish Factors Lining Up For 2025
Dec 31Is There Now An Opportunity In Lam Research Corporation (NASDAQ:LRCX)?
Dec 24Lam Research: Semiconductor Giant Still On Sale After Earnings Beat
Dec 04Lam Research: Wait For The Dust To Settle (Technical Analysis)
Nov 28Lam Research (NASDAQ:LRCX) Knows How To Allocate Capital Effectively
Nov 14Why Lam Research Is At A Make-Or-Break Level Before Earnings
Oct 22Lam Research Following Micron's Footsteps In High Bandwidth Memory And Semiconductor Equipments Demand
Oct 11Lam Research: The Recent Pullback Is A Buying Opportunity
Sep 16Lam Research: Finding Opportunity Amidst Q4 FY 2024 Post Earnings Dip
Aug 16Lam Research: China Risk May Offset Memory Recovery And AI Boost
Aug 03Lam Research: It's Still All About Memory- Maintaining Buy
Jul 11Capitalizing On The Semiconductor Rebound: Lam Research Is A Compelling Buy
Jul 02Lam Research: Headwinds Coming From Chinese And Japanese Competitors
Jun 07Lam Research: More Wafer Fab Equipment Spend For FY2025, Maintaining Buy
May 18Lam Research: Benefiting From HBM-Driven DRAM; Initiate With 'Strong Buy'
Apr 18Lam Research: A Favorite In The Semis - Initiating With A Buy
Apr 09Shareholder Returns
| LRCX | US Semiconductor | US Market | |
|---|---|---|---|
| 7D | 7.7% | 3.3% | 1.7% |
| 1Y | 94.3% | 39.2% | 14.4% |
Return vs Industry: LRCX exceeded the US Semiconductor industry which returned 39.3% over the past year.
Return vs Market: LRCX exceeded the US Market which returned 14.5% over the past year.
Price Volatility
| LRCX volatility | |
|---|---|
| LRCX Average Weekly Movement | 6.1% |
| Semiconductor Industry Average Movement | 8.4% |
| Market Average Movement | 6.5% |
| 10% most volatile stocks in US Market | 17.5% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: LRCX has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: LRCX's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1980 | 19,000 | Tim Archer | www.lamresearch.com |
Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits in the United States, China, Korea, Taiwan, Japan, Southeast Asia, and Europe. The company offers ALTUS systems to deposit conformal or selective films for tungsten or molybdenum metallization applications; SABRE electrochemical deposition products for copper interconnect transition that offers copper damascene manufacturing; SPEED gapfill high-density plasma chemical vapor deposition (CVD) products; Striker single-wafer atomic layer deposition products for dielectric film solutions; and VECTOR plasma-enhanced CVD products. It also provides Flex for dielectric etch applications; Vantex, a dielectric etch system that provides RF technology and repeatable wafer-to-wafer performance enabled by Equipment Intelligence solutions; Kiyo for conductor etch applications; Syndion for through-silicon via etch applications; and Versys metal products for metal etch processes.
Lam Research Corporation Fundamentals Summary
| LRCX fundamental statistics | |
|---|---|
| Market cap | US$179.53b |
| Earnings (TTM) | US$5.36b |
| Revenue (TTM) | US$18.44b |
Is LRCX overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| LRCX income statement (TTM) | |
|---|---|
| Revenue | US$18.44b |
| Cost of Revenue | US$9.46b |
| Gross Profit | US$8.98b |
| Other Expenses | US$3.62b |
| Earnings | US$5.36b |
Last Reported Earnings
Jun 29, 2025
Next Earnings Date
Oct 22, 2025
| Earnings per share (EPS) | 4.25 |
| Gross Margin | 48.71% |
| Net Profit Margin | 29.06% |
| Debt/Equity Ratio | 45.3% |
How did LRCX perform over the long term?
See historical performance and comparisonDividends
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/10/17 04:52 |
| End of Day Share Price | 2025/10/17 00:00 |
| Earnings | 2025/06/29 |
| Annual Earnings | 2025/06/29 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Lam Research Corporation is covered by 52 analysts. 31 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| James Kelleher | Argus Research Company |
| Christopher Muse | Barclays |
| Thomas O'Malley | Barclays |