Lam Research stock
LRCXNASDAQLam Research Corporation, TechnologyISIN US5128073062
76Score 76 out of 100, Strong
Price and trend
44 / 100
Price history
+48% in one yearThe chart shows daily closes over 20 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Below the 200-day line: the price is 17% below it.
Since November 2026 the 50-day line has been below the 200-day line; the trend has turned down.
Normal: the price is neither overheated nor sold off (RSI 52).
The price is 46% below its 52-week high. Largest decline in 20 years: 75% (July 2007 to November 2008).
Chart figures for advanced users
- SMA 50$280.09
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$284.01
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)52
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$139.59
- The lowest closing price of the last twelve months.
- Resistance$433.33
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Lam Research Corporation belongs to the Semiconductors industry (United States) and, with a market value of $294.65B, is number 10 of 185 companies in its industry on MEQIRI.
- In fiscal 2026 it reported revenue of $23.23B (up 26% year on year) and earnings of $7.27B (up 35.6%).
- For fiscal 2027, analysts expect on average revenue of $35.36B (up 52.2%) and adjusted earnings per share of $9.66 (up 65.9%).
Show more
- MEQIRI Score 76 out of 100 (Strong): rank 96 of 857 in Technology, median 61.
- The P/E is 35.1 (Semiconductors median 38.9, own median of recent years 19.2).
- Our model puts fair value at $244.63, with the price 4% below it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- High return on capitalReturn on invested capital 74.9% in fiscal 2026, Semiconductors median 5.2%.Profitability 97
- High marginNet margin 32.3% over the last 12 months, Semiconductors median 6.6%.Profitability 97
- Share buybacksShare count down 13% since 2021.Capital allocation 97
Weaknesses
- Volatile share priceVolatility 69% a year over the last 12 months.
Its standout strengths are profitability and capital allocation, while valuation and technical analysis hold the score back.
Daily figure as of 12 Nov 2026
How the score is calculatedScore overview
Score since yesterday from 74 to 76.
Fundamentals are strong, with stable profits.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk high
How well MEQIRI warnsOne of the 30% with the highest crash risk among the 100 largest stocks.
From 2016 to 2025, 17 in 100 such stocks fell 30% or more within a year, against a group average of 9 in 100.
What drives the risk
- high price swings
- price far below its 52-week high
What lowers it
- solid fundamentals
- very large company
Valuation
Valuation signal
Fairly valuedIn our model the price counts as cheap below $163.09 and expensive above $489.27 (uncertainty very high, based on the price swings of the past year).
The two parts of the fair value come to $227.72 (cash-flow model) and $261.55 (industry comparison), and the gap between them shows how uncertain the estimate is.
Calculated with a cost of equity of 11.8%. At 12.8% the fair value would be $230.34, at 10.8% it would be $263.16.
Valuation metrics
Half from the cash-flow model, half from earnings times the industry P/E (38.9).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 27 Sep 2026, revenue rose 33.4% on the twelve months before. Revenue has grown strongly since 2007, at around 12% per year.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2026: gross 50%, operating 35%, net 31%.
Debt & balance sheet
latest quarterThe balance sheet is solid, with low debt and comfortable interest coverage.
Earnings
- Next earnings
- 27 Jan 2027in 76 days
- Last reported
- 21 Oct 2026EPS reported $2.20 (expected $2.18)in line with expectations
Analyst estimates
Earnings estimates have barely changed since 15 Oct 2026.
- Earnings per share
- $9.66+1.4%
- Revenue
- $35.36B+1.0%
- Earnings per share
- $12.12+1.0%
- Revenue
- $42.47B+1.0%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook raised
Share price after the results: +10.4%2026 wafer fab equipment spending outlook raised to the low $150 billion range from $140 billion, with a September quarter revenue guide of $8.1 billion.
“As we enter the second half of the year, we expect calendar 2026 wafer fab equipment spending or WFE to be in the low $150 billion range up from our prior outlook of $140 billion with upside bias.”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 29 Jul 2026 (fiscal Q4 2026), read by AI.
Insiders
Open-market purchases and sales by executives, board members and major holders
No open-market purchases in the last 6 months. 7 insiders sold, $107.14M in total.
Sales say less than purchases: many insiders sell on a fixed plan, for taxes or to diversify.
- Mayer BethanySale
6 Nov 2026, Board
- Shares
- 16
- Price
- $208.50
- Value
- $3,336
- Mayer BethanySale
2 Nov 2026, Board
- Shares
- 719
- Price
- $242.59
- Value
- $174,422
- Archer TimothySale
23 Oct 2026, President and CEO
- Shares
- 31,400
- Price
- $227.02
- Value
- $7.13M
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- Archer TimothySale
9 Sept 2026, President and CEO
- Shares
- 30,000
- Price
- $319.26
- Value
- $9.58M
- Mayer BethanySale
9 Sept 2026, Board
- Shares
- 9,557
- Price
- $314.74
- Value
- $3.01M
- Varadarajan SeshasayeeSale
2 Sept 2026, Senior Vice President
- Shares
- 59,750
- Price
- $291.32
- Value
- $17.41M
- Harter AvaSale
31 Aug 2026, Chief Legal Officer
- Shares
- 5,000
- Price
- $302.46
- Value
- $1.51M
- Archer TimothySale
6 Aug 2026, President and CEO
- Shares
- 30,000
- Price
- $300.00
- Value
- $9M
- Talwalkar Abhijit YSale
13 Jul 2026, Board
- Shares
- 18,282
- Price
- $335.00
- Value
- $6.12M
- Archer TimothySale
2 Jul 2026, President and CEO
- Shares
- 30,000
- Price
- $390.01
- Value
- $11.7M
- Brandt EricSale
12 Jun 2026, Board
- Shares
- 54,500
- Price
- $367.18
- Value
- $20.01M
- Brandt EricSale
11 Jun 2026, Board
- Shares
- 54,500
- Price
- $350.80
- Value
- $19.12M
- Fernandes Neil JSale
1 Jun 2026, Senior Vice President
- Shares
- 7,659
- Price
- $309.60
- Value
- $2.37M
Partial trades from one filing are shown in one row, with the average price.
Source: Form 4 filings with the US Securities and Exchange Commission. Grants, option exercises, gifts and tax withholdings are hidden. Not a recommendation to buy.
What happened at Lam Research
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
857 rated companies in Technology
- This company
- 76
- Sector median
- 61
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Semiconductors
The next larger and next smaller companies by market value
- SK hynixSKHY $692.94B76
- ASML HoldingASML.AS $602.03B85
- IntelINTC $332.19B32
- Applied MaterialsAMAT $313.53B77
- Texas InstrumentsTXN $283.1B78
- Arm HoldingsARM $217.6B67
- KLAKLAC $209.79B76
- Analog DevicesADI $198.23B72
ETFs that hold Lam Research
Held by 165 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| WisdomTree Enhanced Commodity UCITS ETF EUR Hedged AccWTEH | 6.56% | 0.23% | €2.41B |
| VanEck Semiconductor UCITS ETF Accum A USDVVSM | 3.78% | 0.35% | €7.14B |
| Invesco S&P 500 QVM UCITS ETFQVMP | 3.65% | 0.35% | €50.82M |
Show 5 more
| iShares MSCI USA SRI UCITS ETF3SUR | 2.68% | 0.23% | €249.38M |
| Amundi MSCI World SRI Climate Paris Aligned UCITS ETF Acc EUR HedgedMWSH | 2.57% | 0.20% | €4B |
| iShares Edge MSCI USA Momentum Factor UCITS ETFQDVA | 2.56% | 0.20% | €515.17M |
| iShares Edge MSCI USA Quality Factor UCITS ETFQDVB | 2.22% | 0.20% | €1.89B |
| Amundi MSCI Semiconductors UCITS ETF AccLSMC | 2.11% | 0.35% | €1.75B |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 11 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 28 Jun 2026
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 31 Oct 2015)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.