Yahoo · Sep 4, 2026
Zacks.com featured highlights include Fortinet, Brinker International, Lincoln Electric and Lam Research
Fortinet's 2026 growth outlook, AI security push and rising earnings estimates make it a standout GARP stock to watch.
NASDAQ · LRCX
Lam Research Corporation
Technology · Semiconductors
$292.66
Up+$11.81 (+4.04%)
Updated Sep 4, 2026, 4:36 PM
SID Score
6.9/10
Composite research score
Smart Money
44/100
Neutral
- Market cap
- 211.92B
- P/E ratio
- 36.72
- Dividend yield
- 0.33%
- 52-week range
- $153.60 – $438.50
- Volume
- 7.21M
- Avg. volume
- 11.54M
Price performance
LRCX price history
1M range · 21 trading sessions · Daily adjusted prices
LRCX closed at $292.66 after 21 trading sessions, down 4.29% for the selected period.
- Last close
- $292.66
- Period change
- -4.29%
- Period low
- $288.32
- Period high
- $343.84
Daily close
View OHLC price history
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| 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 |
| Aug 21, 2026 | $317.86 | $319.10 | $303.85 | $314.00 | 5.95M |
| Aug 20, 2026 | $305.225 | $312.54 | $302.95 | $310.53 | 6.8M |
| Aug 19, 2026 | $328.52 | $328.57 | $305.0801 | $307.17 | 10.86M |
| Aug 18, 2026 | $324.18 | $329.0734 | $317.411 | $327.92 | 10.21M |
| Aug 17, 2026 | $337.87 | $345.28 | $333.40 | $343.84 | 8.51M |
| Aug 14, 2026 | $332.36 | $342.00 | $326.555 | $332.36 | 7.42M |
| Aug 13, 2026 | $327.62 | $345.12 | $324.01 | $337.01 | 8.9M |
| Aug 12, 2026 | $326.835 | $329.4899 | $323.50 | $326.11 | 8.08M |
| Aug 11, 2026 | $315.03 | $316.86 | $309.35 | $311.41 | 7.67M |
| Aug 10, 2026 | $319.50 | $319.99 | $305.50 | $306.40 | 7.02M |
| Aug 7, 2026 | $311.87 | $315.59 | $303.83 | $311.35 | 6.71M |
| Aug 6, 2026 | $300.00 | $314.16 | $293.65 | $305.77 | 7.43M |
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
Generated Sep 4, 2026, 3:16 PM
Why Is LRCX Up Today?
Lam Research stock rose 3.99% today, driven by positive dividend news and continued outperformance relative to the broader market. However, the gains come amid mixed signals from analyst downgrades and insider selling activity that suggest some caution may be warranted.
Bottom line: While Lam Research's 26.9% dividend increase underscores financial strength and is supporting today's gains, the stock faces headwinds from analyst downgrades, insider selling, and valuation concerns after its recent rally. Investors should weigh the company's solid fundamental position and dividend growth against near-term risks, particularly the impact of rising yields on semiconductor equipment valuations.
Yahoo · Sep 4, 2026
4 Stocks to Buy That Declared Dividend Hikes Amid Geopolitical Woes
PECO, NRIM, NDSN and LRCX raise dividends as geopolitical tensions fuel oil prices, inflation fears and market volatility.
Yahoo · Sep 4, 2026
Is the Options Market Predicting a Spike in Lam Research Stock?
Investors need to pay close attention to LRCX stock based on the movements in the options market lately.
Yahoo · Sep 3, 2026
This Chip Equipment Stock Just Raised Its Dividend by 26.9%.
Lam Research raised its quarterly dividend by 26.9% to $0.33 per share after posting record June-quarter revenue.
AI research layers
Interpretive context generated from the platform’s current data sources.
Lam Research Corporation Stock Performance
Lam Research Corporation shares closed at $292.66, reflecting a daily decline of approximately 0.98%, per SID market data. Over the trailing one-month period, LRCX has fallen 4.8%, while the three-month return registers a steeper decline of 13.0%. Despite this near-term weakness, the stock has delivered an impressive 84.41% gain over the past twelve months, underscoring the cyclical nature of semiconductor equipment demand. Technically, LRCX trades below its 50-day moving average of $323.77, a bearish positioning that places the stock roughly 9.6% under that threshold. However, shares remain above the 200-day moving average of $271.41, suggesting the longer-term uptrend has not been violated. The 14-day RSI reads 31.2, approaching oversold territory. According to Massive/Polygon data, average daily volume stands at approximately 11.54 million shares, indicating robust liquidity. The stock carries a beta of 1.781, reflecting elevated sensitivity to broader market movements.
Lam Research Corporation Valuation Analysis
Lam Research currently trades at a price-to-earnings ratio of 36.72, a premium multiple that reflects investor expectations for sustained earnings growth driven by advanced semiconductor manufacturing demand, per SID market data. The PEG ratio stands at 4.04, indicating the stock's valuation is elevated even when adjusting for projected earnings growth rates. According to SEC filings, LRCX carries a price-to-book ratio of 20.93, significantly above the broader technology sector average, suggesting the market assigns substantial value to Lam's intangible assets, intellectual property, and competitive moat in wafer fabrication equipment. The company's market capitalization totals approximately $211.9 billion. Lam Research offers a modest dividend yield of 0.58%, positioning it as primarily a growth-oriented holding rather than an income play. These valuation metrics collectively indicate that the market continues to price in considerable forward earnings expansion despite recent share price pullbacks from short-term highs.
Smart Money Activity for LRCX
Lam Research registers an overall smart money score of 44 out of 100, signaling a neutral composite reading across institutional and insider activity, per SID market data. Institutional positioning scores a perfect 25 out of 25, reflecting strong conviction among large asset managers and hedge funds maintaining or increasing their LRCX allocations. In contrast, insider activity scores just 0.5 out of 25, a notably weak reading. According to SEC Form 4 filings, there have been 20 insider transactions over the past 90 days, comprising only 2 purchases versus 18 sales. This significant imbalance toward insider selling suggests company executives and directors have been actively reducing personal exposure at recent price levels. Dark pool activity scores 11.5 out of 25, indicating moderate off-exchange institutional interest. Congressional trading activity registers 6.8 out of 25, per 13F institutional filings and public disclosure records. The divergence between strong institutional ownership and heavy insider selling presents a mixed signal for investors evaluating directional positioning in LRCX shares.
Lam Research Corporation Earnings Outlook
Lam Research has demonstrated a consistent pattern of earnings outperformance across its three most recent reported quarters, according to company earnings reports. In the most recently reported quarter, LRCX posted earnings per share of $1.82 against a consensus estimate of $1.68, delivering a positive surprise of $0.14. The prior quarter similarly exceeded expectations, with actual EPS of $1.47 versus the $1.36 estimate, a $0.11 beat. The quarter before that produced EPS of $1.27 against the $1.17 consensus, representing a $0.10 upside surprise. This trajectory reflects accelerating earnings momentum, with each successive quarter showing widening beat margins. The upcoming quarter, with results expected on January 27, 2026, carries analyst estimates of $1.1925 per share. The sequential growth pattern from $1.19 estimated to $1.27 to $1.47 to $1.82 actual demonstrates a clear upward earnings trajectory, consistent with expanding demand for advanced etch and deposition equipment.
Wall Street Analyst Ratings for LRCX
Wall Street consensus on Lam Research remains decisively bullish, with all five most recent analyst actions reiterating buy-equivalent ratings, per Wall Street analyst reports. On September 1, 2026, UBS maintained its Buy rating on LRCX, consistent with its prior recommendation. Mizuho reiterated its Outperform rating on August 25, 2026, signaling continued confidence in Lam's competitive positioning. Following the most recent earnings release on July 30, 2026, three firms simultaneously reaffirmed positive stances: Needham maintained Buy, Jefferies maintained Buy, and B. Riley Securities maintained Buy. According to SID consensus data, no analyst among the recent coverage initiations or updates has downgraded LRCX or shifted to a neutral or sell-equivalent stance. The unanimity of bullish sentiment across multiple firms spanning bulge bracket, mid-market, and boutique research platforms reflects broad institutional confidence in Lam Research's growth trajectory within the semiconductor capital equipment market, despite the stock's recent 13.0% three-month price decline.
