Technology
Lam Research Corporation(LRCX)
Live Price
Offline$389.04
+3.97% today
1Y Change
+324.67%
Window
Jun 23, 2025 โ Jun 18, 2026
- Market Cap
- $322.15B
- Revenue Growth
- +23.7%
- EPS Growth
- +43.3%
- Dividend Yield
- 0.4%
Coverage: 249 bars ยท Jun 23, 2025 โ Jun 18, 2026
Research Briefing
A compact read on the setup, peer context, quarterly changes, and recent earnings reaction.
Research Snapshot
Lam Research Corporation (LRCX) is a Technology stock with a market cap of $322.15B and listed on NASDAQ. The stock last traded around $389.04 and up 324.7% across the available one-year price window (Jun 23, 2025 โ Jun 18, 2026). Baseline metrics include revenue growth of +23.7%, EPS growth of +43.3%, a dividend yield of 0.4%. What stands out right now is revenue +23.7%, EPS +43.3%, free cash flow +27.2% with operating margin 34.3% and ROIC 42.8%. The dividend is present but secondary, with a yield around 0.4%. Valuation already assumes a fairly strong business story at P/E 48.0 and price/sales 14.9. Overall, the current profile looks closer to a quality compounder than a generic broad-market placeholder. Stock Foundry combines LRCX price history, valuation, growth, dividend context, earnings, analyst forecasts, news, related Technology peers on this page.
Sector Context
How this name stacks up against nearby peers on first-pass metrics.
Revenue Growth
Above sector median
+23.7% vs +11.9% peer median
Operating Margin
Above sector median
+34.3% vs +22.0% peer median
P/E
Above sector median
48.0 vs 18.5 peer median
What Changed This Quarter
Latest report context and the signals most likely to have changed the story.
Latest report is on the board
2026 was reported on Apr 22, 2026, but the surprise data is still limited.
The operating story is still moving forward
Revenue is running at +23.7% and EPS at +43.3%, with operating margin around 34.3%.
Shareholder return is still part of the story
The stock is still offering a dividend yield around 0.4%, which matters if the thesis depends on income as much as growth.
Earnings Reaction Memory
How the stock has tended to move after recent reports.
Across the last 3 reported quarters, the stock averaged -1.7% over the next 5 trading days and finished higher after 1 of those reports.
View quarter-by-quarter reaction table
| Quarter | EPS ฮ | 1D | 5D | 20D |
|---|---|---|---|---|
2026 Apr 22, 2026 | โ | -2.6% | -6.3% | +10.0% |
2026 Jan 28, 2026 | +8.6% | +3.6% | -12.4% | -0.2% |
2025 Oct 22, 2025 | +3.3% | +4.5% | +13.7% | +5.3% |
Benchmark Comparison
Normalized Performance vs SPY
Compare this ticker against a broad index, growth benchmark, or sector ETF using a shared 1Y normalization window.
LRCX
โ
Normalized return
SPY
โ
S&P 500
Excess Return
โ
Relative to SPY
LRCX Max Drawdown
-20.10%
Trailing 1Y
SPY Max Drawdown
โ
Trailing 1Y
Calendar-Year Returns
Uses the longest available daily history for LRCX and SPY.
Company Overview
Lam Research Corporation
NASDAQ Global Select
Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. The company offers ALTUS systems to deposit conformal films for tungsten metallization applications; SABRE electrochemical deposition products for copper interconnect transition that offers copper damascene manufacturing; SOLA ultraviolet thermal processing products for film treatments; and VECTOR plasma-enhanced CVD ALD products. It also provides SPEED gapfill high-density plasma chemical vapor deposition products; and Striker single-wafer atomic layer deposition products for dielectric film solutions. In addition, the company offers Flex for dielectric etch applications; Kiyo for conductor etch applications; Syndion for through-silicon via etch applications; and Versys metal products for metal etch processes. Further, it provides Coronus bevel clean products to enhance die yield; Da Vinci, DV-Prime, EOS, and SP series products to address various wafer cleaning applications; and Metryx mass metrology systems for high precision in-line mass measurement in semiconductor wafer manufacturing. The company sells its products and services to semiconductors industry in the United States, China, Europe, Japan, Korea, Southeast Asia, Taiwan, and internationally. Lam Research Corporation was incorporated in 1980 and is headquartered in Fremont, California.
- Leadership
- Timothy Archer
- IPO Date
- May 4, 1984
- Employees
- 18.6k
- Street Address
- 4650 Cushing Parkway
- Mailing
- Fremont, CA, 94538
- Region
- Fremont, CA, US
- Reporting Currency
- USD
- Investor Line
- 510 572 0200
- Last Updated
- May 1, 2026
Key Fundamentals
Valuation, growth, profitability, and balance sheet signals.
Valuation
- P/E
- 48.0
- EV/EBITDA
- 40.2
- Price/Sales
- 14.9
- Price/Book
- 30.4
Growth
- Revenue
- +23.7%
- EPS
- +43.3%
- Free Cash Flow
- +27.2%
Profitability
- Gross Margin
- 50.0%
- Operating Margin
- 34.3%
- Net Margin
- 30.9%
- ROE
- 65.8%
- ROIC
- 42.8%
Balance Sheet
- Debt/Equity
- 0.35
- Current Ratio
- 2.54
Earnings Reports
Latest News
Official Releases
Company announcements and filings-style updates.
Next Step
Keep the research moving
After the overview, the strongest next step is usually chart context or a tighter compare set.