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    Lam Research Corp (LRCX)

    Official site

    TECHNOLOGY • SEMICONDUCTOR EQUIPMENT & MATERIALS • NASDAQ

    $286.92
    -14.19 (-4.71%)

    Market Cap: $347.22B

    Last updated: Oct 16, 2026 at 5:00 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    97%(38/39)
    Avg Surprise
    +7.44%
    Streak
    17 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$2.18
    Range$2.09 - $2.28
    25 analysts
    EPS Revisions
    21
    0
    7d
    22
    0
    30d
    EPS Estimate DriftChange to current
    90d ago$1.82+20.0%
    60d ago$2.180.0%
    30d ago$2.180.0%
    7d ago$2.180.0%
    Current$2.18
    Revenue Consensus
    $8.1B
    Range$7.9B - $8.4B
    24 analysts
    Period ending Dec 31, 2026
    EPS Consensus$2.31
    Range$2.11 - $2.55
    25 analysts
    EPS Revisions
    21
    0
    7d
    22
    0
    30d
    EPS Estimate DriftChange to current
    90d ago$1.97+17.1%
    60d ago$2.31+0.1%
    30d ago$2.31+0.1%
    7d ago$2.31+0.1%
    Current$2.31
    Revenue Consensus
    $8.5B
    Range$8.1B - $8.9B
    24 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$2.31---
    Sep 26EST
    		-$2.18---
    Jun 26
    Reported Jul 29
    		$1.82$1.69+7.69%Beat+36.8%
    Mar 26
    Reported Apr 22
    		$1.47$1.36+8.09%Beat+41.3%
    Dec 25
    Reported Jan 28
    		$1.27$1.17+8.55%Beat+39.6%
    Sep 25
    Reported Oct 22
    		$1.26$1.22+3.28%Beat+46.5%
    Jun 25
    Reported Jul 30
    		$1.33$1.21+9.92%Beat+64.2%
    Mar 25
    Reported Apr 23
    		$1.04$1.00+4.00%Beat+33.3%
    Dec 24
    Reported Jan 29
    		$0.91$0.88+3.41%Beat+21.3%
    Sep 24
    Reported Oct 23
    		$0.86$0.81+6.17%Beat+24.6%
    Jun 24
    Reported Jul 31
    		$0.81$0.76+6.58%Beat+35.0%
    Mar 24
    Reported Apr 24
    		$0.78$0.73+6.85%Beat+11.4%
    Dec 23
    Reported Jan 24
    		$0.75$0.71+5.63%Beat-29.9%
    Sep 23
    Reported Oct 18
    		$0.69$0.61+13.11%Beat-33.7%
    Jun 23
    Reported Jul 26
    		$0.60$0.51+17.65%Beat-31.8%
    Mar 23
    Reported Apr 19
    		$0.70$0.65+7.69%Beat-5.4%
    Dec 22
    Reported Jan 25
    		$1.07$1.00+7.00%Beat+25.9%
    Sep 22
    Reported Oct 19
    		$1.04$0.95+9.47%Beat+23.8%
    Jun 22
    Reported Jul 27
    		$0.88$0.73+20.55%Beat+8.6%
    Mar 22
    Reported Apr 20
    		$0.74$0.75-1.33%Miss-1.3%
    Dec 21
    Reported Jan 26
    		$0.85$0.85+0.00%Beat+41.7%
    Sep 21
    Reported Oct 20
    		$0.84$0.82+2.44%Beat+47.4%
    Jun 21
    Reported Jul 28
    		$0.81$0.76+6.58%Beat+68.8%
    Mar 21
    Reported Apr 21
    		$0.75$0.66+13.64%Beat+87.5%
    Dec 20
    Reported Jan 27
    		$0.60$0.57+5.26%Beat+50.0%
    Sep 20
    Reported Oct 21
    		$0.57$0.52+9.62%Beat+78.1%
    Jun 20
    Reported Jul 29
    		$0.48$0.41+17.07%Beat+33.3%
    Mar 20
    Reported Apr 22
    		$0.40$0.38+5.26%Beat+8.1%
    Dec 19
    Reported Jan 29
    		$0.40$0.39+2.56%Beat+2.6%
    Sep 19
    Reported Oct 23
    		$0.32$0.30+6.67%Beat-5.9%
    Jun 19
    Reported Jul 31
    		$0.36$0.34+5.88%Beat-32.1%
    Mar 19
    Reported Apr 24
    		$0.37$0.34+8.82%Beat-22.9%
    Dec 18
    Reported Jan 23
    		$0.39$0.37+5.41%Beat-9.3%
    Sep 18
    Reported Oct 16
    		$0.34$0.32+6.25%Beat-2.9%
    Jun 18
    Reported Jul 26
    		$0.53$0.49+8.16%Beat+71.0%
    Mar 18
    Reported Apr 17
    		$0.48$0.44+9.09%Beat+71.4%
    Dec 17
    Reported Jan 24
    		$0.43$0.37+16.22%Beat+95.5%
    Sep 17
    Reported Oct 17
    		$0.35$0.33+6.06%Beat-
    Jun 17
    Reported Jul 26
    		$0.31$0.30+3.33%Beat-
    Mar 17
    Reported Apr 18
    		$0.28$0.26+7.69%Beat-
    Dec 16
    Reported Jan 25
    		$0.22$0.22+0.00%Beat-

    Dividends

    Dividend Metrics

    Forward Yield0.46%
    Forward Annual Dividend$1.32
    Payout Ratio19.17%
    FrequencyQuarterly
    Pay MonthsJan, Apr, Jul, Oct

    Growth

    3Y CAGR+14.96%
    5Y CAGR+14.87%
    LRCX dividend history and ex-dividend datesRun LRCX in the free DRIP calculator

    Key Metrics

    Valuation
    P/E Ratio49.30EV/EBITDA41.16x
    Price/FCF73.62xFCF Yield1.36%
    Profitability
    Profit Margin31.30%Operating Margin37.40%
    ROE65.10%ROIC44.83%
    Financial Health
    Debt/Equity0.30xInterest CoverageN/A
    Current Ratio2.63xQuick Ratio1.91x
    Trading Statistics
    Beta1.85Avg Volume8.79M
    52-Week High$438.0352-Week Low$134.88

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$323.38
    SMA 20$314.99
    SMA 50$310.31
    SMA 200$280.68
    EMA 10$312.76
    EMA 20$313.64
    EMA 50$312.40
    EMA 200$275.27

    MACD

    Line: 0.60Signal: 4.48Hist: -3.88

    ADX

    ADX: 15.3+DI: 21.0-DI: 34.2

    Aroon & PSAR

    Aroon Up68.0
    Aroon Down16.0
    PSAR$346.53

    Bollinger Bands

    Upper Band$355.21
    Lower Band$274.76
    %B Position2554%(Upper)
    Band Width0.15

    RSI (14-Day)

    Neutral
    37.3

    Momentum Oscillators

    Stoch %K13.4
    Stoch %D25.2
    Williams %R-96.8
    ROC (10d)-12.7%
    Momentum-41.59
    CCI (20d)-102.8
    MFI (14d)38.1

    Volatility Measures

    ATR (14d)$13.91(4.8%)
    StdDev (20d)20.11
    Hist Vol48.1%(High)

    Volume Flow

    VWAP$289.18
    OBV488.7M
    AD Line-301.3M
    CMF (20d)0.262

    Volume Metrics

    Avg Vol (20d)8.8M
    Vol Ratio1.2x
    VWMA (20d)$311.11

    Pivot Points

    R3$318.71
    R2$311.10
    R1$306.11
    Pivot Point$298.50
    S1$293.51
    S2$285.90
    S3$280.91

    Advanced Oscillators

    TSI1.57
    Ultimate Osc39.7
    KST69.85

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$6.72B$5.84B$5.34B$5.32B$5.17B$4.72B$4.38B$4.17B$3.87B$3.79B$3.76B$3.48B
    Cost of Revenue$3.24B$2.93B$2.69B$2.64B$2.58B$2.41B$2.30B$2.17B$2.03B$1.99B$2.00B$1.83B
    Gross Profit$3.48B$2.91B$2.65B$2.68B$2.59B$2.31B$2.07B$2.00B$1.84B$1.80B$1.76B$1.65B
    Operating Expenses$965.25M$863.51M$840.96M$855.79M$848.58M$751.93M$739.10M$738.49M$713.54M$743.42M$700.24M$631.67M
    R&D$642.92M$583.20M$573.30M$576.45M$580.18M$525.90M$494.95M$495.36M$497.83M$512.27M$469.71M$422.63M
    SG&A$322.33M$280.31M$267.65M$279.35M$268.40M$226.02M$244.15M$243.13M$216.48M$215.90M$228.84M$207.02M
    Operating Income$2.51B$2.05B$1.81B$1.83B$1.74B$1.56B$1.33B$1.26B$1.13B$1.06B$1.06B$1.02B
    Interest Income$0$0$0$0$0$0$0$0$0$0$0$0
    Interest Expense$0$35.46M$0$0$0$25.04M$0$0$0$0$0$0
    Income Before Tax$2.56B$2.01B$1.84B$1.86B$1.78B$1.54B$1.35B$1.29B$1.15B$1.09B$1.09B$1.03B
    Income Tax Expense$277.86M$186.10M$242.62M$290.50M$58.89M$206.06M$157.13M$177.83M$134.07M$127.36M$132.78M$138.23M
    Net Income$2.28B$1.83B$1.59B$1.57B$1.72B$1.33B$1.19B$1.12B$1.02B$965.83M$954.27M$887.40M
    EBITDA$2.67B$2.13B$1.94B$1.96B$1.88B$1.63B$1.44B$1.39B$1.24B$1.18B$1.18B$1.12B
    EBIT$2.56B$2.01B$1.84B$1.86B$1.78B$1.54B$1.35B$1.29B$1.15B$1.09B$1.09B$1.03B
    * Some calculated fields are derived from available data when not provided by source

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    News

    Lam Research Could Swing $28.6 Billion After Earnings

    This article highlights nine companies, including Lam Research, Thermo Fisher Scientific, and Netflix, that are expected to experience significant stock price movements following their upcoming earnings reports. These...

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    Lam Research Corp Stock (LRCX) Moved Down by 3.63% on Oct 16: Facts Behind the Movement

    Lam Research Corp (LRCX) stock decreased by 3.63% on October 16, primarily due to pre-earnings position trimming and broader volatility in the semiconductor sector. Elevated valuation multiples, recent insider selling...

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    Lam Research (NASDAQ:LRCX): A Quality Investing Standout With High ROIC and Low Debt

    Lam Research (NASDAQ:LRCX) has been identified as a quality investing standout based on its strong financial profile, including high returns on invested capital (ROIC), low debt relative to free cash flow...

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    Lam Research Corporation $LRCX Stock: Triasima Portfolio Management inc. Reduces Position

    Triasima Portfolio Management inc. reduced its position in Lam Research Corporation ($LRCX) by 24.9% in the third quarter...

    MarketBeat•10/16/26•Neutral

    LRCX Valuation and Fair Value

    P/E
    49.3x
    Forward P/E
    33.7x
    EV/EBITDA
    41.2x
    P/FCF
    73.6x
    PEG
    1.4x
    P/B
    28.9x
    See GNG's fair value

    LRCX Profitability: Margins, ROIC and FCF

    Gross margin
    50.5%
    Operating margin
    37.4%
    Net margin
    31.3%
    ROIC
    44.8%
    ROE
    65.1%
    FCF margin
    21.1%
    FCF yield
    1.4%

    LRCX Competitors

    CompanyTicker
    Dell Technologies IncDELL
    Applied Materials IncAMAT
    Oracle CorporationORCL
    Palo Alto Networks IncPANW
    Cisco Systems IncCSCO
    Quhuo LimitedQH
    Palantir Technologies Inc.PLTR
    Arm Holdings plc American Depositary SharesARM

    Sector: Technology

    LRCX Analyst Ratings

    Consensus
    Buy
    Analysts
    35
    Strong Buy
    4
    Buy
    25
    Hold
    6
    Sell
    0
    Strong Sell
    0

    LRCX Bull Case vs Bear Case

    Bull case

    • LRCX earns a 44.8% return on invested capital.
    • LRCX converts 21.1% of revenue into free cash flow.
    • LRCX has a 31.3% net profit margin.

    Bear case

    • LRCX trades at 49.3x trailing earnings.

    LRCX Earnings: Beat Rate and Next Report

    Beat rate
    8 of 8 quarters (100.0%)
    Average surprise
    6.4%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $2.18
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    22 up, 0 down

    LRCX Dividend

    Forward yield
    0.5%
    Payout ratio
    19.2%
    3Y DPS growth
    15.0%
    5Y DPS growth
    14.9%
    Pay months
    Jan, Apr, Jul, Oct
    LRCX dividend history

    Frequently Asked Questions About LRCX

    What is LRCX's current dividend yield?

    Lam Research Corp (LRCX) has a forward dividend yield of 0.46%.

    Does LRCX pay dividends?

    Yes, Lam Research Corp pays dividends with a forward dividend yield of 0.46%.

    What is LRCX's P/E ratio?

    Lam Research Corp has a price-to-earnings (P/E) ratio of 49.30.

    What is LRCX's market cap?

    Lam Research Corp (LRCX) has a market capitalization of $347.22B with a current stock price of $286.92.

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    Sector: Technology

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