Equites Radar

LRCX · Lam Research Corporation

Semiconductor Equipment & MaterialsUnited StatesAnalyst view: Strong Buy

$305.21

-7.54% last session

End-of-day data · updated 2026-07-28

Neutral2 bullish · 2 bearish technical signals
Consensus: Strong Buy (1.49 from 31 analysts)
To mean target: +22.0%

Market cap

$365B

Enterprise value

$381B

Trailing P/E

55.2

Forward P/E

35.7

Dividend yield

0.0%

Beta

1.80

Avg volume

11M

Employees

21K

2D change

5D change

-8.81%

10D change

-6.92%

30D change

-23.08%

60D change

-8.29%

MTD change

-25.47%

YTD change

70.68%

Analyst Outlook

Consensus ratingStrong Buy
Recommendation mean (1–5)1.49
Covering analysts31
Mean price target$372.32
Low price target$220.00
Upside to mean target+22.0%

Analyst estimates change daily — follow the shifts on the Estimate Trends page.

Technical Analysis

RSI (14)34.0
50-day MA$337.68
200-day MA$238.62
Price vs 50-day MA-20.2%
Price vs 200-day MA+13.0%
MACD histogram-7.20
Volume vs 3-month avg1.4×
52w low $94.3252w high $433.33

Analyst sentiment over time — LRCX

Rec Mean (blue, left — higher = more bullish) vs. price targets (right).

Investment Bank Ratings as of 2026-07-20

Latest call per bank · past 12 months

Morgan Stanley

Overweight

$404

+32.4% vs price
▲ raised from $331Maintains · 2026-07-06

Bank of America

Buy

$480

+57.3% vs price
▲ raised from $330Maintains · 2026-06-23

Wells Fargo

Overweight

$450

+47.4% vs price
▲ raised from $365Maintains · 2026-06-22

Citigroup

Buy

$450

+47.4% vs price
▲ raised from $315Maintains · 2026-06-17

Barclays

Equal-Weight

$335

+9.8% vs price
▲ raised from $275Maintains · 2026-06-11

UBS

Buy

$375

+22.9% vs price
▲ raised from $310Maintains · 2026-06-09

JP Morgan

Overweight

$315

+3.2% vs price
▲ raised from $300Maintains · 2026-04-23

RBC Capital

Outperform

$310

+1.6% vs price
▲ raised from $290Maintains · 2026-04-23

Goldman Sachs

Buy

$262

-14.2% vs price
▲ raised from $180Maintains · 2026-01-29

Deutsche Bank

Buy

$260

-14.8% vs price
▲ raised from $195Maintains · 2026-01-21

Jefferies

Buy

$200

-34.5% vs price
▲ raised from $175Maintains · 2025-12-15

HSBC

Hold

$127

-58.4% vs price
▲ raised from $0.00Initiates · 2025-09-30

Recent rating actions

DateFirmActionRatingPrice target
2026-07-20Evercore ISI GroupMaintainsOutperform$300 $355
2026-07-10StifelMaintainsBuy$325 $425
2026-07-10NeedhamMaintainsBuy$300 $390
2026-07-09TD CowenMaintainsBuy$340 $400
2026-07-09MizuhoMaintainsOutperform$380 $400
2026-07-06Morgan StanleyMaintainsOverweight$331 $404
2026-06-30SusquehannaMaintainsPositive$385 $475
2026-06-29Cantor FitzgeraldMaintainsOverweight$425 $500

Ratings and price targets are the published opinions of the issuing banks, compiled from Yahoo Finance rating actions — not investment advice.

Signal Summary as of 2026-07-28

  • RSI (14): RSI is 34 — neutral momentum, neither overbought nor oversold.
  • Price vs 50-day MA: Trading 20.2% below the 50-day MA ($337.68).
  • Price vs 200-day MA: Trading 13.0% above the 200-day MA ($238.62).
  • MA cross: The 50-day MA sits above the 200-day MA (golden-cross regime) — the longer-term trend points up.
  • MACD (12,26,9): MACD histogram is negative (-7.20) — short-term momentum is fading.
  • 52-week range: Price sits between the 52-week low ($94.32) and high ($433.33).

LRCX Price Chart

Loading chart for LRCX

Fundamentals

Revenue (TTM)$22B
EBITDA$8.0B
Free cash flow$4.0B
Operating cash flow$7.0B
Book value / share$8.46
Net debt / EBITDA-0.1
WACC16.0%
Revenue growth24.00%
Earnings growth41.00%

About Lam Research Corporation

Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits in the United States, China, Korea, Taiwan, Japan, Southeast Asia, and Europe. The company offers ALTUS systems to deposit conformal or selective films for tungsten or molybdenum metallization applications; SABRE electrochemical deposition products for copper interconnect transition that offers copper damascene manufacturing; SPEED gapfill high-density plasma chemical vapor deposition (CVD) products; Striker single-wafer atomic layer deposition products for dielectric film solutions; and VECTOR plasma-enhanced CVD products. It also provides Flex for dielectric etch applications; Vantex, a dielectric etch system that provides RF technology and repeatable wafer-to-wafer performance enabled by Equipment Intelligence solutions; Kiyo for conductor etch applications; Syndion for through-silicon via etch applications; and Versys metal products for metal etch processes. In addition, the company offers Coronus bevel clean products to enhance die yield; and Da Vinci, DV-Prime, EOS, and SP series products to address various wafer cleaning applications. Further, it provides Reliant deposition, etch, and clean products; and Sense.i platform products, as well as customer service, spares, and upgrades. Lam Research Corporation was incorporated in 1980 and is headquartered in Fremont, California.

More in Semiconductor Equipment & Materials

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Data is sourced from end-of-day snapshots and refreshed daily before the US market open — nothing on this page is real-time. Figures can contain vendor errors. This page is for information only and is not investment advice.