Benzinga · Sep 18, 2026
What's Going On With Lam Research Stock Friday?
Lam Research ticks up in premarket trading amidst short-term technical weakness. In other news, the chipmaker plans a $1.2B India plant.
NASDAQ · LRCX
Lam Research Corporation
Technology · Semiconductors
$288.11
Up+$18.80 (+6.98%)
Updated Sep 20, 2026, 11:12 AM
SID Score
7.1/10
Composite research score
Smart Money
35/100
Bearish
- Market cap
- 211.92B
- P/E ratio
- 36.72
- Dividend yield
- 0.34%
- 52-week range
- $153.60 – $438.50
- Volume
- 19.64M
- Avg. volume
- 11.54M
Price performance
LRCX price history
1M range · 19 trading sessions · Daily adjusted prices
LRCX closed at $288.11 after 19 trading sessions, down 7.11% for the selected period.
- Last close
- $288.11
- Period change
- -7.11%
- Period low
- $269.23
- Period high
- $320.42
Daily close
View OHLC price history
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Sep 18, 2026 | $274.41 | $288.27 | $272.64 | $288.11 | 19.64M |
| Sep 17, 2026 | $280.455 | $281.40 | $266.90 | $269.31 | 11.27M |
| Sep 16, 2026 | $277.13 | $277.78 | $265.75 | $269.23 | 7.6M |
| Sep 15, 2026 | $278.605 | $278.605 | $265.37 | $270.87 | 8.94M |
| Sep 14, 2026 | $274.995 | $280.20 | $273.24 | $273.49 | 13.68M |
| Sep 11, 2026 | $303.45 | $303.69 | $294.54 | $298.22 | 9.37M |
| Sep 10, 2026 | $302.145 | $307.03 | $297.01 | $298.01 | 10.6M |
| Sep 9, 2026 | $319.26 | $322.21 | $312.76 | $315.84 | 5.58M |
| Sep 8, 2026 | $314.49 | $321.77 | $312.03 | $320.42 | 8.94M |
| Sep 4, 2026 | $303.465 | $310.30 | $297.38 | $307.65 | 8.36M |
| Sep 3, 2026 | $283.73 | $292.78 | $278.04 | $292.66 | 7.21M |
| Sep 2, 2026 | $291.50 | $292.1895 | $284.40 | $288.32 | 4.84M |
| Sep 1, 2026 | $294.555 | $296.34 | $286.59 | $290.20 | 8.25M |
| Aug 31, 2026 | $303.19 | $303.40 | $298.77 | $301.49 | 6.95M |
| Aug 28, 2026 | $318.03 | $318.29 | $301.0501 | $301.90 | 8.06M |
| Aug 27, 2026 | $318.88 | $321.41 | $310.4402 | $318.58 | 6.56M |
| Aug 26, 2026 | $314.61 | $315.72 | $308.05 | $312.88 | 4.11M |
| Aug 25, 2026 | $316.20 | $318.61 | $307.86 | $314.66 | 5.02M |
| Aug 24, 2026 | $307.94 | $311.44 | $297.78 | $310.17 | 8.61M |
Latest LRCX news
The latest Smart Investors Daily articles mentioning LRCX.
Stock researchCompany · Overview
LRCX research
Overview
Company profile and research snapshot.
Company profile
Lam Research is one of the largest semiconductor wafer fabrication equipment manufacturers in the world. It specializes in deposition and etch, which entail the buildup of layers on a semiconductor and the subsequent selective removal of patterns from each layer. Lam holds the top market share in etch and holds the clear second share in deposition. It is more exposed to memory chipmakers for DRAM and NAND chips. It counts as top customers the largest chipmakers in the world, including TSMC, Samsung, Intel, and Micron.
Visit company websiteAnalyst outlook
Consensus and target data currently published for this company.
- Consensus
- Buy
- Average target
- $159.17
- Implied upside
- —
- Analysts
- 24
| Date | Firm | Rating | Target |
|---|---|---|---|
| Sep 1, 2026 | UBS | Buy | — |
| Aug 25, 2026 | Mizuho | Outperform | — |
| Jul 30, 2026 | Needham | Buy | — |
| Jul 30, 2026 | Jefferies | Buy | — |
| Jul 30, 2026 | B. Riley Securities | Buy | — |
News briefing
No generated briefing is available yet.
Yahoo · Sep 17, 2026
Lam Research (LRCX) Stock Trades At A Premium On Bigger Shareholder Returns
Lam Research has delivered very strong gains over the past few years, which puts a lot of weight on one question for investors who care about valuation. Given that history, is the current share price properly grounded in the company’s earnings power today and what the market expects it to earn over time? Over the past 5 years, Lam Research has returned about 372%, which puts a spotlight on whether that kind of outcome is already fully reflected in the earnings profile investors are paying...
ChartMill · Sep 17, 2026
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ChartMill · Sep 17, 2026
Lam Research (NASDAQ:LRCX): Affordable Growth With Elite Profitability
Lam Research fits the Affordable Growth screen: strong EPS and revenue growth, elite profitability, and a valuation that looks reasonable versus semiconductor peers.
AI research layers
Interpretive context generated from the platform’s current data sources.
Lam Research Corporation Stock Performance
Lam Research Corporation shares closed at $288.11, reflecting a single-session decline of approximately 0.98%, per SID market data. The stock has underperformed over the near term, posting a one-month loss of 6.21% and a steeper three-month decline of 25.94%, signaling sustained selling pressure. Despite these short-term headwinds, LRCX has delivered a robust 79.49% gain over the trailing twelve months, underscoring the semiconductor equipment maker's longer-term upward trajectory. Technically, the stock trades below its 50-day moving average of $307.38 but remains above its 200-day moving average of $274.84, according to Massive/Polygon data. The 14-day RSI reads 44.1, placing the stock in neutral-to-slightly-oversold territory. LRCX carries a beta of 1.781, indicating significantly higher volatility than the broader market. Average daily volume stands at approximately 11.54 million shares, reflecting consistent institutional trading activity.
Lam Research Corporation Valuation Analysis
Lam Research currently trades at a price-to-earnings ratio of 36.72, a premium multiple that reflects elevated market expectations for the semiconductor equipment sector, per SID market data. The PEG ratio stands at 4.04, suggesting the stock's earnings growth rate does not fully justify its current P/E premium according to traditional growth-adjusted valuation frameworks. The price-to-book ratio registers at 20.93, indicating the market values the company at nearly 21 times its book value, consistent with asset-light, high-margin technology business models. According to SEC filings, Lam Research offers a dividend yield of approximately 0.58%, providing a modest income component to total shareholder returns. The company's market capitalization stands at approximately $211.9 billion, positioning it among the largest players in the global semiconductor equipment industry. These valuation metrics collectively place LRCX at a premium relative to the broader technology sector.
Smart Money Activity for LRCX
Lam Research registers a composite smart money score of 35 out of 100, generating a bearish signal according to SID market data. The institutional component scores a perfect 25 out of 25, indicating strong and consistent fund-level ownership and accumulation. However, other sub-components weigh significantly on the overall score. The insider trading component scores just 1.1 out of 25, reflecting a negative skew in executive transactions. According to SEC Form 4 filings, there have been six insider trades over the past 90 days, comprising two purchases against four sales, indicating a two-to-one sell-to-buy ratio among corporate insiders. Dark pool activity scores 8.5 out of 25, suggesting below-average institutional block accumulation in off-exchange venues. Congressional trading activity contributes a minimal 0.8 out of 25, per 13F institutional filings. The divergence between strong institutional ownership and weak insider buying presents a mixed but cautionary signal for investors evaluating directional positioning in LRCX.
Lam Research Corporation Earnings Outlook
Lam Research has demonstrated a consistent pattern of earnings outperformance across its most recent reporting quarters, according to company earnings reports. In the quarter reported January 28, 2026, the company posted earnings of $1.27 per share against analyst estimates of $1.17, a positive surprise of $0.10. The April 22, 2026 quarter showed further acceleration, with actual earnings of $1.47 versus the $1.36 consensus estimate, representing an $0.11 beat. Most recently, for the quarter reported July 29, 2026, Lam delivered $1.82 per share compared to the $1.68 estimate, widening the surprise to $0.14. This sequential improvement in both absolute earnings and beat magnitude suggests strengthening demand across the company's etch and deposition equipment portfolio. The upcoming quarter carries a consensus estimate of $1.1925 per share, per analyst estimates. The three consecutive beats reflect a trajectory of operational execution exceeding Wall Street expectations.
Wall Street Analyst Ratings for LRCX
Wall Street consensus on Lam Research remains firmly bullish, with all five most recent analyst actions reiterating positive ratings, according to Wall Street analyst reports. On September 1, 2026, UBS maintained its Buy rating, while Mizuho reiterated an Outperform rating on August 25, 2026. Following the July 30, 2026 earnings release, three firms simultaneously reaffirmed bullish stances: Needham maintained Buy, Jefferies reiterated Buy, and B. Riley Securities upheld its Buy recommendation, per SID consensus data. Notably, none of the five most recent actions involved a downgrade or a shift from a prior rating, indicating stable conviction among the covering analyst community. The unanimous bullish positioning contrasts with the bearish smart money score of 35, creating a divergence between sell-side sentiment and composite institutional flow indicators. This broad-based analyst support reflects confidence in Lam Research's positioning within the semiconductor capital equipment cycle and its demonstrated ability to exceed quarterly earnings expectations consistently.
