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Lam Research (CH:LRCX)
:LRCX

Lam Research (LRCX) Price & Analysis

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LRCX Stock Chart & Stats

Currently, no data available
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Bulls Say, Bears Say

Bulls Say
Revenue ReboundThe strong revenue recovery indicates renewed demand for Lam’s deposition and etch equipment. Continued adoption of more complex logic and memory architectures can support durable tool intensity and installed-base expansion.
High ProfitabilitySustained high margins demonstrate valuable process technology, scale advantages and pricing power in critical wafer-fabrication steps. These economics can support ongoing research, customer support and resilience through industry cycles.
Improving Balance Sheet And Cash GenerationLower debt and substantial operating cash flow improve financial flexibility and reduce balance-sheet risk. Lam can fund technology investment, service capabilities and shareholder returns with less reliance on external financing.
Bears Say
Semiconductor Cycle ExposureLam’s system sales depend on customers’ fab-equipment budgets, which fluctuate with chip demand, inventory and capacity plans. A prolonged spending downturn could pressure revenue and factory utilization despite strong structural demand.
Free Cash Flow VolatilityThe decline shows that cash conversion can weaken even when revenue grows, due to higher reinvestment or working-capital requirements. Persistent volatility could constrain capital allocation and make earnings less predictable.
Dependence On Customer Capital SpendingA significant portion of Lam’s revenue is tied to large, discretionary equipment purchases by semiconductor manufacturers. This creates concentration in customers’ investment decisions and limits visibility compared with recurring service revenue.

Lam Research News

LRCX FAQ

What was Lam Research’s price range in the past 12 months?
Currently, no data Available
What is Lam Research’s market cap?
Lam Research’s market cap is CHF307.54B.
    When is Lam Research’s upcoming earnings report date?
    Lam Research’s upcoming earnings report date is Oct 21, 2026 which is in 61 days.
      How were Lam Research’s earnings last quarter?
      Lam Research released its earnings results on Jul 29, 2026. The company reported CHF1.456 earnings per share for the quarter, beating the consensus estimate of CHF1.35 by CHF0.106.
        Is Lam Research overvalued?
        According to Wall Street analysts Lam Research’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
          Does Lam Research pay dividends?
          Lam Research does not currently pay dividends.
          What is Lam Research’s EPS estimate?
          Lam Research’s EPS estimate is 1.74.
            How many shares outstanding does Lam Research have?
            Currently, no data Available
            What happened to Lam Research’s price movement after its last earnings report?
            Lam Research reported an EPS of CHF1.456 in its last earnings report, beating expectations of CHF1.35. Following the earnings report the stock price went same N/A.
              Which hedge fund is a major shareholder of Lam Research?
              Currently, no hedge funds are holding shares in CH:LRCX
              What is the TipRanks Smart Score and how is it calculated?
              Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                Company Description

                Lam Research

                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.

                Lam Research (LRCX) Earnings & Revenues

                LRCX Company Deck

                LRCX Earnings Call

                Q4 2026
                0:00 / 0:00
                Earnings Call Sentiment|Positive
                The call emphasized strong top-line growth, record deposits and profitability, rapid product and international expansion (Robinhood Chain, Trump Accounts, banking, credit card, prediction markets), and disciplined expense management. Several notable execution risks and open items remain — most importantly regulatory uncertainty for on‑chain tokenization and U.S. perps, early-stage friction for Agentic Trading, and month-to-month variability in net deposits and crypto activity. On balance, the positive operational and financial momentum along with sizable product and geographic expansion opportunities outweigh the listed challenges.View all CH:LRCX earnings summaries

                LRCX Revenue Breakdown

                64.07%64.07%35.93%
                64.07% Systems Revenue
                35.93% Customer support-related revenue and other
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                LRCX Stock 12 Month Forecast

                Average Price Target

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