LRCX Stock Chart & Stats
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Bulls Say, Bears Say
Bulls Say
Strong Revenue Rebound And ProfitabilityThe multiyear revenue recovery and resilient margins indicate strong demand for Lam’s etch and deposition tools. High profitability provides resources to fund innovation, support customers through cycles, and sustain earnings power as semiconductor architectures become more complex.
Improving Balance Sheet And Strong Cash GenerationLower debt and expanding equity improve financial flexibility across semiconductor spending cycles. Substantial operating cash flow supports research, capital investment, shareholder returns, and customer-service infrastructure without relying heavily on external financing.
Expanded R&D Network Strengthens InnovationA larger, globally connected laboratory network can shorten development cycles and deepen collaboration with chipmakers. This should strengthen Lam’s ability to address new materials, architectures, and process complexity, supporting long-term competitive relevance.
Bears Say
Semiconductor Capital-spending CyclicalityLam’s system sales depend on customers’ fab investment plans, which can be delayed when memory or logic markets weaken. This cyclicality can produce sharp revenue swings and uneven capacity utilization even when the company maintains strong margins.
Free Cash Flow Has Become More VolatileThe recent cash-flow decline suggests higher reinvestment requirements or working-capital volatility despite revenue growth. Persistent volatility could constrain discretionary capital allocation and make cash conversion less predictable during expansion or industry upcycles.
Leverage Remains A Cycle-related Balance-sheet RiskImproving leverage is positive, but historical borrowing levels leave Lam more exposed if semiconductor demand contracts sharply. Lower utilization and weaker customer spending could reduce cash generation while fixed obligations remain, limiting flexibility versus less-levered peers.
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 CHF349.30B.
When is Lam Research’s upcoming earnings report date?
Lam Research’s upcoming earnings report date is Oct 21, 2026 which is in 63 days.
How were Lam Research’s earnings last quarter?
Lam Research released its earnings results on Jul 29, 2026. The company reported CHF1.478 earnings per share for the quarter, beating the consensus estimate of CHF1.37 by CHF0.108.
Is Lam Research overvalued?
According to Wall Street analysts Lam Research’s price is currently Undervalued.
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 1.77.
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 CHF1.478 in its last earnings report, beating expectations of CHF1.37. 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
Lam Research Stock Smart Score
Outperform
1
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Analyst Consensus
Strong Buy
Average Price Target:
CHF320.68 (― Upside)
CHF320.68 (― Upside)
Blogger Sentiment
Bullish
CH:LRCX Sentiment 83%
Sector Average 59%
Sector Average 59%
News Sentiment
Very Bullish
Bullish news 86%
Bearish news 14%
Bearish news 14%
Technicals
SMA
Positive
20 days / 200 days
Momentum
213.86%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
10.23%
Trailing 12-Months
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.
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 summariesLRCX Revenue Breakdown
64.07% Systems Revenue
35.93% Customer support-related revenue and other

LRCX Stock 12 Month Forecast
All Analysts
Top Analysts
Average Price Target
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