Companies /Technology

Lam Research Corp

NASDAQ: LRCX Semiconductor Equipment & Materials
$200.44
▲ $15.24 (+8.23%) today
Markets closed · 5:46pm ET

24/7 Wall St. View

Price Prediction $253.48 +36.9% Our analysts’ 12-month view: target, optimistic case, and floor. LRCX price prediction → Earnings Beat +1.1% EPS vs. the estimate, revenue, and how the market reacted. LRCX earnings history →

LRCX at a Glance

Valuation
Market cap
$231.8B
P/E ratio
27.6
Dividend yield
0.50%
Profitability
Revenue (TTM)
$26.1B
Profit margin
32.3%
EPS (TTM)
$6.71
Price
52-week range
$135 – $438
24/7 target
$253.48
Street target
$364.03
Earnings
Next report
Jan 26, 2027
Q1 2027 EPS
$2.20
vs. $2.18 est.
+1.1%

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 product portfolio spans deposition, etch, clean, and other critical wafer processing technologies used by chipmakers to build smaller and more advanced semiconductor devices. Lam operates two primary revenue streams: Systems, which includes sales of new leading-edge equipment, and Customer Support and Other, which encompasses services, spare parts, upgrades, and non-leading-edge equipment from its Reliant product line. The company serves major semiconductor manufacturers worldwide, with significant revenue exposure to China, South Korea, Taiwan, Japan, and the United States. Lam is positioned at the intersection of rising AI-driven semiconductor demand and increasing device complexity, which drives greater consumption of its deposition and etch equipment. The company is listed on the Nasdaq under the ticker LRCX and is a FORTUNE 500 company. Updated

Revenue by Segment · Q1 2027
  1. Systems70%
  2. Customer Support and Other30%

Latest Activity

Biggest movers · On the open
Gainers
  • IRENIREN$20.35+11.3%
  • LRCXLam Research$201.97+9.3%
  • ABNBAirbnb$186.18+9.2%
  • AMDAMD$435.85+7.9%
  • KLACKLA$138.1+7.6%
Losers
  • DKNGDraftKings$16.63-29.0%
  • AXONAxon Enterprise$311.65-18.8%
  • NTRANatera$307.66-15.4%
  • LYFTLyft$16.46-7.9%
  • OPENOpendoor Technologies$1.66-6.7%

DraftKings opened down nearly 29% at $16.63, a 40-point gap between it and the day's top gainer across our 379-stock board. Semis and travel took the other side, with Lam Research, Airbnb and AMD all up 8% or more.

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LRCXLam Research
Regular session
$189.62
-8.83%open $207.99

An 8.83% intraday slide to $189.62 takes roughly $20 billion off one of the biggest chip-equipment names, and it comes without a clear catalyst. Moves this size are rare here, so watch whether buyers step in before the close.

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Biggest movers · At the close
Gainers
  • SPOTSpotify$582.23+10.8%
  • LCIDLucid$3.5+8.9%
  • BXBlackstone$118.69+8.3%
  • ACNAccenture$258.15+7.5%
  • NDAQNasdaq$103.09+7.3%
Losers
  • MRNAModerna$202.11-17.8%
  • COHRCoherent$207.45-12.7%
  • AAOIApplied Optoelectronics$68.18-11.8%
  • LRCXLam Research$230.24-11.7%
  • LITELumentum$754.19-11.3%

Moderna's 17.8% drop was the single biggest move at Tuesday's close, and four of the five worst performers were chip and photonics names. Spotify topped the winners.

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Biggest movers · On the open
Gainers
  • SPOTSpotify$580.29+10.5%
  • LMTLockheed Martin$602.91+9.3%
  • CSXCSX$51.3+6.0%
  • PGP&G$165.32+5.4%
  • NETCloudflare$319.22+3.9%
Losers
  • LRCXLam Research$234.14-10.2%
  • NOKNokia$8.36-9.7%
  • TERTeradyne$316.79-8.3%
  • AAOIApplied Optoelectronics$71.36-7.7%
  • COHRCoherent$219.49-7.6%

Spotify opened up 10.5% to lead a 389-name board, with Lockheed Martin close behind at 9.3%. The pain is concentrated in chip gear and optics, where Lam Research gave up 10.2% at the bell.

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LRCXLam Research
Q1 2027
EPS
$2.20
est $2.18+1.1%
Revenue
$8.22B
est $8.13B+1.1%

Shares sold off immediately after the filing even as management guided December revenue to roughly $8.60 billion, with AI capacity buildouts pulling systems orders forward. Keep an eye on the stock into the call.

Quarterly EPS — reported vs estimate
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Reddit Pulser/stocks
Best "Buy the Dip" Stocks This Week?

u/All_YourBase 151 upvotes216 comments

Everyone post their bags, quickly.

Retail's dip list is almost entirely the AI semi complex, yet the thread's top-voted replies are sitting on their hands until the midterms. When 216 comments can't agree whether a selloff is a sale or a top, position sizing is what decides the outcome.

Read more
Jim Cramer
PodcastMad Money w/ Jim CramerJim Cramer · 44 min

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.

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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.

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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.

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LRCX Coverage

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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 product portfolio spans deposition, etch, clean, and other critical wafer processing technologies used by chipmakers to build smaller and more advanced semiconductor devices.

What is the LRCX stock price target?

24/7 Wall St.'s 12-month price target for LRCX is $253.48, rated Buy. The Wall Street consensus target is $364.03. LRCX price prediction →