Equites Radar

LRCX · Lam Research Corporation

Semiconductor Equipment & MaterialsUnited StatesAnalyst view: Strong Buy

$237.50

+3.22% last session

End-of-day data · close of 2026-10-26

Mildly bearish2 bullish · 3 bearish technical signals
Consensus: Strong Buy (1.38 from 30 analysts)
To mean target: +53.3%

Market cap

$297B

Enterprise value

$293B

Trailing P/E

35.4

Forward P/E

19.5

Dividend yield

1.0%

Beta

1.85

Avg volume

10M

Employees

24K

Daily Change %

3.22%

5 Days Change

3.19%

10 Days Change

-10.02%

30 Days Change

-24.65%

60 Days Change

-21.25%

Month to Day Change

-30.17%

Year to Day Change

39.15%

Analyst Outlook

Consensus ratingStrong Buy
Recommendation mean (1–5)1.38
Covering analysts30
Mean price target$364.03
Low price target$255.00
Upside to mean target+53.3%

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

Technical Analysis

RSI (14)29.1
50-day MA$300.33
200-day MA$283.20
Price vs 50-day MA-20.9%
Price vs 200-day MA-16.1%
MACD histogram-8.44
Volume vs 3-month avg1.2×
52w low $138.9552w high $432.87

Analyst sentiment over time — LRCX

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

Investment Bank Ratings as of 2026-10-22

Latest call per bank · past 12 months

UBS

Buy

$400

+68.4% vs price
▼ cut from $425Maintains · 2026-10-22

Citigroup

Buy

$435

+83.2% vs price
▼ cut from $450Maintains · 2026-10-22

Morgan Stanley

Overweight

$339

+42.7% vs price
▼ cut from $385Maintains · 2026-10-22

Wells Fargo

Overweight

$350

+47.4% vs price
▼ cut from $450Maintains · 2026-07-30

Jefferies

Buy

$335

+41.1% vs price
▲ raised from $315Maintains · 2026-07-30

Bank of America

Buy

$480

+102.1% vs price
▲ raised from $330Maintains · 2026-06-23

Barclays

Equal-Weight

$335

+41.1% vs price
▲ raised from $275Maintains · 2026-06-11

JP Morgan

Overweight

$315

+32.6% vs price
▲ raised from $300Maintains · 2026-04-23

RBC Capital

Outperform

$310

+30.5% vs price
▲ raised from $290Maintains · 2026-04-23

Goldman Sachs

Buy

$262

+10.3% vs price
▲ raised from $180Maintains · 2026-01-29

Deutsche Bank

Buy

$260

+9.5% vs price
▲ raised from $195Maintains · 2026-01-21

Recent rating actions

DateFirmActionRatingPrice target
2026-10-22UBSMaintainsBuy$425 → $400
2026-10-22CitigroupMaintainsBuy$450 → $435
2026-10-22Morgan StanleyMaintainsOverweight$385 → $339
2026-10-22MizuhoMaintainsOutperform$365 → $360
2026-10-22NeedhamMaintainsBuy$390 → $290
2026-10-20Evercore ISI GroupMaintainsOutperform$355 → $315
2026-10-05Morgan StanleyMaintainsOverweight$367 → $385
2026-10-01B. Riley SecuritiesMaintainsBuy$350 → $390

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 2026-10-26

  • bullish: RSI (14): RSI is 29 — oversold territory; selling pressure looks stretched.
  • bearish: Price vs 50-day MA: Trading 20.9% below the 50-day MA ($300.33).
  • bearish: Price vs 200-day MA: Trading 16.1% below the 200-day MA ($283.20).
  • bullish: MA cross: The 50-day MA sits above the 200-day MA (golden-cross regime) — the longer-term trend points up.
  • bearish: MACD (12,26,9): MACD histogram is negative (-8.44) — short-term momentum is fading.
  • neutral: 52-week range: Price sits between the 52-week low ($138.95) and high ($432.87).

LRCX Price Chart

Loading chart for LRCX…

Fundamentals

Revenue (TTM)$26B
EBITDA$10B
Free cash flow$5.0B
Operating cash flow$8.0B
Book value / share$11.13
Net Debt / EBITDA-0.4
WACC16.0%
Revenue growth54.00%
Earnings growth77.00%

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, which support copper damascene manufacturing; Striker single-wafer atomic layer deposition products for dielectric film solutions; and VECTOR plasma-enhanced chemical vapor deposition (CVD) products. It also provides Akara, a conductor etch system designed to enhance etch precision, selectivity, and defect control; Argos, Prevos, and Selis, which are selective etch systems used in the fabrication of advanced logic and memory devices that require precise control at nanoscale dimensions; 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 deep silicon etch; 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; Sense.i platform products; and 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.