Companies /Technology

Lam Research Corp

NASDAQ: LRCX Semiconductor Equipment & Materials
$333.89
▼ $11.91 (−3.44%) today
Markets closed · 6:12pm ET

24/7 Wall St. View

LRCX at a Glance

Valuation
Market cap
$432.7B
P/E ratio
60.4
Dividend yield
0.30%
Profitability
Revenue (TTM)
$23.2B
Profit margin
31.3%
EPS (TTM)
$5.73
Price
52-week range
$130 – $438
24/7 target
$348.97
Street target
$375.06
Earnings
Next report
Oct 21, 2026
Q4 2026 EPS
$1.82
vs. $1.68 est.
+8.1%

Headquartered in Fremont, CA Fiscal year ends June NASDAQ: LRCX lamresearch.com

About Lam Research

Lam Research Corporation is a global supplier of wafer fabrication equipment and services to the semiconductor industry. The company's products span deposition, etch, and other critical wafer processing technologies used to build advanced semiconductor chips. Lam's equipment enables customers to manufacture smaller, higher-performing devices, and the company's technology is used in the production of nearly every advanced chip. In addition to new systems, Lam generates significant revenue from customer support services including spares, upgrades, and non-leading-edge equipment through its Reliant product line. The company serves major semiconductor manufacturers across Taiwan, China, South Korea, Japan, the United States, Southeast Asia, and Europe, and trades on Nasdaq under the ticker LRCX. Updated

Revenue by Segment · Q4 2026
  1. Systems63%
  2. Customer Support and Other37%

Latest Activity

Mad Money w/ Jim Cramer 10/5/26

  • Cramer flags a broken pattern: oil fell while the 30-year yield climbed to 5.66%, near 6%
  • Nasdaq's record close carried by Microsoft on Copilot, Meta's small-business ad shift, and Nvidia's all-time high
  • Saudis discounting crude $5 below the Oman/Dubai benchmark is market share defense, not a fading war premium
  • Caller questions on Intuitive Surgical as a broken stock, plus KLA, Domino's and SoFi

Cramer's warning: strip out Microsoft, Nvidia and Meta and the safety names were hit, meaning three stocks are carrying the index. He says the bond market tells the truth longer term, and the 30-year at 5.66% caps any broad rally. Owning the hyperscalers has been the only trade that worked.

AI Portfolio · Eric BleekerLRCX
Milestone+318.7%since recommended · 633 days

Lam Research has quadrupled since Eric Bleeker added it to the AI Portfolio in January 2025, turning $75 into $314. Chip equipment makers are the toll booth on every AI fab buildout.

Biggest dividend payouts · Sep 23
LRCXLam Research
$413M$0.33 per share
  • 2CINFCincinnati Financial$0.94/sh$144M
  • 3GFSGlobalFoundries$0.12/sh$66.9M
  • 4BFCBank First$0.60/sh$6.7M
  • 5SGASaga Communications$0.25/sh$1.6M

Lam Research is handing shareholders about $413 million, or 33 cents a share, with the cash arriving October 14. Cincinnati Financial follows with $144 million, and three more companies round out today's payouts.

LRCX Coverage

Frequently Asked Questions

What does Lam Research do?

Lam Research Corporation is a global supplier of wafer fabrication equipment and services to the semiconductor industry. The company's products span deposition, etch, and other critical wafer processing technologies used to build advanced semiconductor chips.

What is the LRCX stock price target?

24/7 Wall St.'s 12-month price target for LRCX is $348.97, rated Hold. The Wall Street consensus target is $375.06. LRCX price prediction →