Lam Research Corporation (LRCX)
NASDAQ: LRCXTechnologyIndustrial Machinery/ComponentsUSD
At close: Oct 7, 4:00 PM ET · Delayed 15 min
After hours: 329.84 +0.10%
LRCX stock chart
Technical analysisKey statistics
All statistics- Market cap
- $412.36B
- P/E (TTM)
- 59.26
- Forward P/E
- 28.01
- EPS (TTM)
- $5.56
- Dividend yield
- 0.32% ($1.04)
- Ex-dividend date
- Sep 23, 2026
- 52-week range
- 131.02 – 438.50
- Day range
- 321.15 – 329.74
- Volume / Avg
- 6.31M / 9.39M
- Beta
- —
- Shares outstanding
- 1.25B
- Next earnings
- Oct 21, 2026
52-week range
LRCX stock today
On Oct 7, LRCX ended the session at $329.51, shedding $4.42 (1.32%), versus the S&P 500's 0.22% decline. Shares are 24.9% below their 52-week high of $438.50, set on Jun 30, 2026 and 151.5% above the 52-week low of $131.02, in the middle of the past year's range. LRCX is up 92.5% year to date, outperforming the S&P 500 (+14.0%). Over the past 12 months, the stock has gained 134.8%.
At 59.3x trailing earnings, Lam Research trades above the peer-group median of 43.9x. Its forward P/E of 28.0x is lower than the trailing multiple, which means analysts expect earnings to rise over the next year. The company is scheduled to report Sep/2026 results on Oct 21 after the market closes; analysts expect EPS of $2.17. Lam Research pays an annual dividend of $1.04 per share, a 0.32% yield at the current price.
Summary generated from market data by MetaCap's automated system. Methodology
About Lam Research
Company profileLam 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, which support copper damascene manufacturing; Striker single-wafer atomic layer deposition products for dielectric film solutions; and VECTOR plasma-enhanced chemical vapor deposition (CVD) products. It also provides Akara, a conductor etch system designed to enhance etch precision, selectivity, and defect control; Argos, Prevos, and Selis, which are selective etch systems used in the fabrication of advanced logic and memory devices that require precise control at nanoscale dimensions; 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 deep silicon etch; and Versys metal products for metal etch processes.
- Sector
- Technology
- Industry
- Industrial Machinery/Components
- CEO
- Mr. Timothy M. Archer
- Headquarters
- Fremont, CA
- Employees
- 23,300
- IPO year
- 1984
- Website
- lamresearch.com
Financial highlights
Full financialsIn fiscal 2026, Lam Research generated $23.23 billion in revenue, up 26.0% from fiscal 2025, its 2nd consecutive year of revenue growth. Net income was $7.27 billion (+35.6% year over year), for a net margin of 31.3% versus a median of 26.7% in the prior 5 years. Gross margin was 50.5% (up from 48.7%) and operating margin 35.3%.
| Fiscal year | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Revenue | $23.23B | $18.44B | $14.91B | $17.43B | $17.23B |
| Growth | +26.02% | +23.68% | -14.48% | +1.17% | +17.78% |
| Net income | $7.27B | $5.36B | $3.83B | $4.51B | $4.61B |
| EPS (diluted) | $5.76 | $4.15 | $2.90 | $3.32 | $32.75 |
Analyst forecast
ForecastConsensus (35 analysts)
strong_buy
Avg. price target
$375.65+14.00%
- Strong buy 4
- Buy 25
- Hold 6
- Sell 0
- Strong sell 0
Target range
Ratings and targets reflect third-party analyst opinions, not MetaCap recommendations.
Earnings
Earnings history- Next report
- Oct 21, 2026
- EPS estimate
- $2.17
- Last reported (Q4 2026)
- Aug 7, 2026
- EPS actual vs est.
- $1.81 vs —
Dividends
Dividend history- Annual dividend
- $1.04
- Dividend yield
- 0.32%
- Last payment
- $0.33
- Ex-dividend date
- Sep 23, 2026
LRCX news
All LRCX news- 4 Top Chip Stocks With Dependable Earnings to Ride the AI BoomNasdaqNVDA, LRCX, AMAT, TSM
- Should You Buy, Sell or Hold AMAT Stock at a P/S Valuation of 9.59X?NasdaqAMAT, KLAC, LRCX, CAMT
- The Zacks Analyst Blog Highlights Lam, Taiwan, Marathon, NVIDIA, Micron and AlphabetNasdaqMU, NVDA, LRCX, TSM
- 3 Stocks From AI & Energy to Buy Before Q3 Earnings Kick OffNasdaqLRCX, TSM, MPC, NVDA
- Walt Disney Achieves #41 Analyst Rank, Surpassing Lam ResearchNasdaqDIS, LRCX
- AI Drives Storage Demand: Will It Boost Lam Research's NAND Growth?NasdaqLRCX, KLAC, AMAT
- Stocks Rebound as Bond Yields Fall from Multi-Decade HighsNasdaqAMAT, MPC, CTVA, SNDK
- Stocks Settle Mixed as Bond Yields RiseNasdaqAMAT, AAPL, AVGO, FCEL
Lam Research peers
Technology sector| Company | Price | % Chg | Market cap | Compare |
|---|---|---|---|---|
| TMOThermo Fisher Scientific Inc | 662.06 | +0.83% | $244.79B | vs LRCX |
| DEDeere & Company | 656.87 | -3.80% | $177.11B | vs LRCX |
| ETNEaton Corporation PLC | 431.33 | -3.09% | $167.53B | vs LRCX |
| DHRDanaher Corporation | 218.49 | +1.34% | $153.60B | vs LRCX |
| ASMLASML Holding N.V. New York Registry Shares | 1,804.96 | -1.59% | $693.29B | vs LRCX |
| VRTVertiv Holdings LLC Class A | 246.49 | -2.63% | $94.90B | vs LRCX |
| JCIJohnson Controls International plc | 155.93 | -1.78% | $94.45B | vs LRCX |
| BEBloom Energy Corporation Class A | 291.29 | -1.52% | $85.79B | vs LRCX |
Indexes, lists and sector
Lam Research stock FAQ
What is Lam Research's stock price today?
LRCX last traded at $329.51 as of Oct 7, 4:00 PM EDT, down 1.32% on the day. Prices are delayed at least 15 minutes.
Does Lam Research pay a dividend?
Yes. Lam Research pays $1.04 per share annually, a 0.32% yield. The most recent dividend of $0.33 had an ex-dividend date of Sep 23, 2026.
When is Lam Research's next earnings date?
Lam Research is expected to report earnings on Wednesday, October 21, 2026. Analysts expect EPS of $2.17.
What is LRCX's P/E ratio?
LRCX trades at a trailing P/E ratio of 59.26 and a forward P/E of 28.01, compared with a median of 43.9 for its closest peers.
Is Lam Research in the S&P 500?
Yes. Lam Research (LRCX) is a constituent of the S&P 500 index.
Who is Lam Research's CEO?
Mr. Timothy M. Archer is the chief executive officer of Lam Research Corporation, which has about 23,300 employees.
Has LRCX ever split its stock?
Yes. The most recent LRCX stock split was a 10-for-1 split on Oct 3, 2024, one of 3 splits on record.