NYSE · LRCX
Technology · Semiconductors
$230.15
Down-$30.66 (-11.76%)
Updated Oct 23, 2026, 3:40 AM
SID Score
6.8/10
Composite research score
Smart Money
37/100
Bearish
Price performance · LRCX
1M range · 21 trading sessions · Daily adjusted prices
Prices through Oct 22, 2026
LRCX closed at $230.15 after 21 trading sessions, down 25.07% for the selected period.
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Oct 22, 2026 | $234.50 | $242.10 | $227.68 | $230.15 | 23M |
| Oct 21, 2026 | $270.90 | $270.90 | $259.04 | $260.81 | 16.03M |
| Oct 20, 2026 | $267.76 | $270.97 | $260.29 | $263.45 | 7.84M |
| Oct 19, 2026 | $275.16 | $279.92 | $271.87 | $272.20 | 10.4M |
| Oct 16, 2026 | $271.44 | $275.58 | $263.14 | $263.94 | 11.36M |
| Oct 15, 2026 | $275.19 | $280.445 | $266.12 | $277.46 | 13.41M |
| Oct 14, 2026 | $289.605 | $295.86 | $284.745 | $286.92 | 10.36M |
| Oct 13, 2026 | $301.68 | $303.50 | $290.90 | $301.11 | 8.23M |
| Oct 12, 2026 | $314.85 | $314.95 | $308.01 | $309.56 | 6.26M |
| Oct 9, 2026 | $326.00 | $326.72 | $316.01 | $318.84 | 4.66M |
| Oct 8, 2026 | $321.02 | $331.79 | $316.66 | $320.59 | 9.01M |
| Oct 7, 2026 | $322.06 | $329.75 | $321.11 | $329.51 | 6.39M |
| Oct 6, 2026 | $345.10 | $346.90 | $330.85 | $333.89 | 7.67M |
| Oct 5, 2026 | $346.875 | $351.365 | $341.70 | $345.80 | 6.12M |
| Oct 2, 2026 | $350.00 | $352.56 | $344.77 | $347.49 | 7.46M |
| Oct 1, 2026 | $332.00 | $341.64 | $331.045 | $340.10 | 8.7M |
| Sep 30, 2026 | $324.65 | $330.499 | $322.06 | $328.51 | 7.7M |
| Sep 29, 2026 | $323.63 | $328.3238 | $319.1536 | $323.86 | 7.97M |
| Sep 28, 2026 | $313.88 | $316.31 | $305.50 | $314.47 | 9.18M |
| Sep 25, 2026 | $309.18 | $317.13 | $307.50 | $315.21 | 8.14M |
| Sep 24, 2026 | $301.855 | $307.22 | $298.86 | $307.16 | 7.9M |
The latest Smart Investors Daily articles mentioning LRCX.
Company
Market Activity
Research & News
LRCX research
Company profile and research snapshot.
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 websiteConsensus and target data currently published for this company.
| Date | Firm | Rating | Target |
|---|---|---|---|
| Oct 22, 2026 | Mizuho | Outperform | — |
| Oct 22, 2026 | Needham | Buy | — |
| Oct 20, 2026 | Evercore ISI Group | Outperform | — |
| Oct 5, 2026 | Morgan Stanley | Overweight | — |
| Oct 1, 2026 | B. Riley Securities | Buy | — |
No generated briefing is available yet.
Yahoo · Oct 22, 2026
Key TakeawaysIonQ shares fell 3% today, alongside Quantinuum, Rigetti Computing and D-Wave Quantum, after Lam Research’s report set off a tech selloff. IonQ had no news of its own, and its drop shows the stock trading like a leveraged bet on the AI trade.
ChartMill · Oct 22, 2026
Roper Technologies, Allegion and Lennar led S&P 500 gainers on Oct. 22, 2026, while Moderna, Coherent and Lumentum were among the biggest decliners.
Yahoo · Oct 22, 2026
Key TakeawaysKaiser Aluminum shares fell 23% today after third-quarter adjusted EPS of $1. 89 missed estimates and its adjusted EBITDA margin slid to 19.
Yahoo · Oct 22, 2026
Key TakeawaysHexcel shares fell 10% today after third-quarter sales of $496 million missed the $502 million consensus and the company only reaffirmed its 2026 guidance. Lam Research, Nokia and TTM Technologies also sank today after results that topped estimates but came with outlooks that only held or matched expectations.
Interpretive context generated from the platform’s current data sources.
Lam Research Corporation shares closed at $260.81, reflecting a daily decline of approximately 0.98%, per SID market data. The stock has experienced notable short-term weakness, declining 12.85% over the past month and 17.49% over the trailing three-month period. Despite this recent pullback, LRCX maintains a strong 51.6% gain over the past twelve months, underscoring the broader semiconductor equipment cycle's positive trajectory. Technically, the stock is trading significantly below both its 50-day moving average of $307.46 and its 200-day moving average of $283.72, indicating sustained downward momentum, according to Massive/Polygon data. The 14-day relative strength index registers at 22.8, placing LRCX firmly in oversold territory. Average daily volume stands at approximately 11.5 million shares. The stock's beta of 1.781 reflects considerably higher volatility relative to the broader market, consistent with its position within the cyclical semiconductor equipment sector.
Lam Research currently carries a market capitalization of approximately $211.9 billion and trades at a price-to-earnings ratio of 36.72, per SID market data. This elevated multiple reflects the market's pricing of anticipated growth in semiconductor wafer fabrication equipment demand, though the PEG ratio of 4.04 suggests the stock's earnings growth rate may not fully justify the premium valuation. The price-to-book ratio stands at 20.93, indicating the market values LRCX at nearly 21 times its book value, a level common among capital-light, high-return technology franchises. According to SEC filings, the company offers a dividend yield of approximately 0.58%, providing modest income to shareholders. Within the broader technology sector, Lam Research's valuation metrics position it at a premium relative to historical norms, though the recent price correction from elevated levels has compressed multiples somewhat from their recent peaks.
Lam Research registers a smart money score of 37 out of 100, generating a bearish signal according to SID market data. The composite score reflects divergent behavior across investor categories. Institutional positioning scores a perfect 25 out of 25, indicating robust confidence among large asset managers and hedge funds per 13F institutional filings. However, this strength is offset by weak readings in other categories: insider activity scores just 5.3 out of 25, dark pool activity registers at 5.5 out of 25, and congressional trading scores 1.6 out of 25. According to SEC Form 4 filings, corporate insiders executed 12 transactions over the past 90 days, comprising 4 purchases and 8 sales, resulting in a two-to-one sell-to-buy ratio. The skew toward insider selling, combined with subdued dark pool accumulation, contrasts sharply with strong institutional holdings, creating a mixed but net bearish smart money profile for the semiconductor equipment maker during this period of price weakness.
Lam Research has delivered four consecutive quarters of positive earnings surprises, according to company earnings reports. The most recent quarter saw earnings per share of $2.20 versus the consensus estimate of $2.18, representing a $0.02 beat. The prior quarter produced a more significant upside surprise, with actual EPS of $1.82 exceeding the $1.68 estimate by $0.14, or 8.3%. The trend of sequential earnings growth is notable, with EPS rising from $1.27 to $1.47 to $1.82 to $2.20 over the four reported quarters, reflecting a 73.2% increase from the earliest to the most recent period. Each quarter's surprise has been positive, ranging from $0.02 to $0.14, per analyst estimates. This consistent pattern of beats and sequential growth aligns with the broader semiconductor equipment upcycle, driven by increased capital expenditure across advanced chip manufacturing nodes.
Wall Street consensus on Lam Research remains uniformly bullish, with all five most recent analyst actions maintaining positive ratings, according to Wall Street analyst reports. On October 20, Evercore ISI Group reiterated its Outperform rating, while Morgan Stanley maintained its Overweight designation on October 5, per SID consensus data. B. Riley Securities reaffirmed a Buy rating on October 1, followed by UBS sustaining its Buy on September 1 and Mizuho maintaining Outperform on August 25. Notably, none of the five recent actions involved downgrades or rating changes; each represented a reiteration of existing bullish positions. This sustained positive coverage comes despite the stock's 17.49% decline over three months and its position deep in oversold territory at an RSI of 22.8. The disconnect between analyst optimism and recent price deterioration suggests the sell-off may be driven by broader market or sector rotation dynamics rather than deterioration in Lam Research's fundamental outlook as assessed by covering analysts.
The latest Smart Investors Daily articles mentioning LRCX.
