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USTechnology

Lam Research Corp (LRCX)

US · Technology · Semiconductor Equipment & Materials

$269.31+0.03%
Last close · 2026-09-17

Latest quarter · ended 2026-06-30

Revenue
$6.72B
Revenue YoY
+30.0%
Net profit
$2.28B
Profit YoY
+32.4%
EPS
$1.82
EPS estimate
$1.69
Net margin
33.9%

EPS came in at 1.82 against a street estimate of 1.69 — a beat of 7.7%.

Key statistics

Market cap
$373.17B
P/E
51.8
Forward P/E
32.3
P/B
29.92
Book value
$9.97
EPS (TTM)
$5.76
Dividend yield
0.35%
52-week high
$438.50
52-week low
$116.39
50-day MA
$314.24
200-day MA
$264.19
Beta
1.86

Analyst view

Analysts rate Lam Research Corp a buy (24 buy, 9 hold, 0 sell out of 33) with an average price target of $373.13.

From the latest earnings call · 2026-07-29

CONFIDENT Record June quarter revenue ($6.72B, +30% YoY) driven by NAND doubling and memory strength. Sept guide $8.1B (+20% QoQ) signals momentum. Management raised 2026 WFE outlook to ~$150B and projects 2027 as 'extraordinary' growth year. Q2 FY2026 (June 2026) Taiwan hit record dollar revenue. China declined from 34% last quarter due to weakness in domestic customers and mature nodes; global multinationals in China grew. Management expects China WFE flat to slightly up for full year. Analysts pressed on NAND supply risk (third-party forecasts 2027 oversupply), China weakness, DRAM share opportunity, and pricing stickiness. Management reaffirmed fundamentals intact, highlighted ongoing upgrades + greenfield, noted multinationals in China still growing, and emphasized foundry/logic + HBM upside offsetting any NAND normalization. 2026-07-29…

Full summary in the app.

Shareholding

Insiders
0.28%
Institutions
88.82%

Largest institutional holders

FundStake
BlackRock Inc10.62%
Vanguard Capital Management, LLC6.49%
State Street Corp4.73%
Amvescap Plc.4.03%
Vanguard Portfolio Management, LLC2.96%
Geode Capital Management, LLC2.81%
FMR Inc2.68%
JPMorgan Chase & Co2.61%

Recent filings & reports

DocumentDate
Board / officer change · Q1 FY2027
LAM RESEARCH CORPORATION (LRCX) - FORM 8-K SUMMARY HEADLINE NUMBERS • Board size reducing from 12 to 10 directors effective November 2, 2026 • Two di
2026-08-27
Annual report FY2026
LAM RESEARCH CORPORATION – FORM 10-K SUMMARY (FISCAL YEAR ENDED JUNE 28, 2026) HEADLINE NUMBERS • Market Capitalization: $178.3 billion (as of Decem
2026-08-07
Results announced · Q1 FY2027
LAM RESEARCH CORPORATION – Q4 2026 FINANCIAL SUMMARY HEADLINE NUMBERS • Revenue: $6.72 billion in June 2026 quarter, up 15.1% quarter-over-quarter f
2026-07-29
Quarterly report · Q3 FY2026
LAM RESEARCH CORPORATION – Q3 2026 (9 MONTHS ENDED MARCH 29, 2026) SUMMARY --- HEADLINE NUMBERS • Nine-month revenue: $16,510,452 thousand ($16.51
2026-04-23
Results announced · Q4 FY2026
LAM RESEARCH CORPORATION Q3 2026 FINANCIAL RESULTS SUMMARY HEADLINE NUMBERS • Revenue: $5.84 billion (up 9% quarter-over-quarter from $5.34 billion
2026-04-22
Board / officer change · Q3 FY2026
LAM RESEARCH CORPORATION (LRCX) - FORM 8-K SUMMARY OTHER NOTABLE POINTS • Board Expansion and Director Appointment: Anirudh Devgan, Ph.D., age 56, a
2026-02-03
Quarterly report · Q2 FY2026
LAM RESEARCH CORPORATION – Q3 2025 SUMMARY HEADLINE NUMBERS • Q3 2025 Revenue: $5,344,791 thousand ($5.34 billion), up 22% from $4,376,047 thousand
2026-01-29
Quarterly report · Q1 FY2026
LAM RESEARCH CORPORATION – Q3 2025 (ENDED SEPTEMBER 28, 2025) SUMMARY --- HEADLINE NUMBERS • Revenue: $5,324.2 million (Q3 2025) vs. $4,168.0 milli
2025-10-24

Readable in the app.

Corporate actions

ActionDetailDate
Dividend$0.33 / share
ex-date Sep 23, 2026 · pay Oct 14, 2026
2026-09-23
Dividend$0.26 / share
ex-date Jun 17, 2026 · pay Jul 8, 2026
2026-06-17
Dividend$0.26 / share
ex-date Mar 4, 2026 · pay Apr 8, 2026
2026-03-04
Dividend$0.26 / share
ex-date Dec 3, 2025 · pay Jan 7, 2026
2025-12-03
Dividend$0.26 / share
ex-date Sep 24, 2025 · pay Oct 15, 2025
2025-09-24
Split10 : 1
effective Oct 3, 2024
2024-10-03

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Data updated 2026-09-18.