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LRCX · Lam Research Corp

Track LRCX — free
Market Cap
$373.17B
Shares
1.25B

Price & Indicators

20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$298.22 Open$303.45 Day$294.54–303.69 52W close$115.58–433.33 Avg vol 30d8.2M Short int27.8M · 2.2% float · 3.8d Short vol42% Last earningsJul 29, 2026 DataOct 2024–Sep 2026 Filing10-K · Aug 7

Raw chart and full-history price indicators begin at the captured split on Oct 3, 2024; bars on opposite sides are not compared.

Up next

Next earnings call
Oct 28, 2026 Est · unconfirmed · in 6 wks
filed Aug 7, 2026

Metrics snapshot

Useful current figures from the complete screener profile.

Revenue (TTM)
$23.23B
Trailing 12 months
Net income (TTM)
$7.27B
Trailing 12 months
Revenue growth YoY
+30.0%
Year over year
Operating margin
35.3%
Trailing 12 months
P / E (TTM)
51.8
Trailing earnings · reciprocal yield 1.9%
FCF yield
1.3%
TTM · current market cap
Return on invested capital
Trailing 12 months
Net cash
Latest balance sheet
Dividend yield
Trailing 12 months
Shares change YoY
-2.4%
Year over year · fewer shares
Price change (1Y)
+158.0%
Trailing year
Short interest
2.2%
Latest settlement · 3.8 days to cover
View all 115 metrics

AI Brief

Q4 FY26 earnings call · Jul 29, 2026
Q4 FY26

TL;DR. Lam Research delivered record June-quarter revenue of $6.72B, gross margin and EPS, and guided September revenue of $8.1B with operating margin of 39.5%, while raising its 2026 WFE outlook to the low $150B range and lifting its long-term margin framework toward mid-50% gross / mid-40% operating margins. CSBG posted a third consecutive record quarter and NAND revenue more than doubled sequentially, though China revenue declined and the non-GAAP tax rate is set to rise to mid-teens.

Bullish
  • + Set September-quarter revenue guide of $8.1B, representing more than 20% sequential growth.
  • + Raised calendar 2026 WFE outlook to the low $150B range from the prior $140B outlook.
  • + Lifted long-term profitability framework to mid-50% gross margin and mid-40% operating margin over the next several years.
  • + Record June-quarter results including 52.0% non-GAAP gross margin, 38.4% non-GAAP operating margin, and non-GAAP diluted EPS of $1.82.
  • + CSBG posted a third consecutive quarter of record revenue at nearly $2.5B, up 17% sequentially and 43% year-on-year.
  • + NAND revenue more than doubled sequentially on conversions to 256-layer and above devices.
Bearish
  • Mature-node spending in China was down sequentially.

AI-generated from the earnings call and 8-K · may contain errors · not investment advice

Equibles Rating

blended score · not investment advice
Overall
Neutral
SellHoldBuy
Technical Neutral Momentum Strong Sentiment Bullish Fundamentals Excellent Quant / Vol Very High
Market backdrop VIX 15.8 · calm Equity put/call 0.58
Technical
price trend
Neutral
50 / 200-day cross No cross
Price vs 200-day avg +13%
above
Price vs 50-day avg −5%
below
RSI (14) 45
neutral
MACD trend Negative
52-week position 57%
mid-range
Volume (OBV) Confirms
volume backs price
Momentum
relative strength
Strong
1-month return −12%
trailing
6-month return +31%
trailing
YTD return +74%
this year
Relative strength +13%
vs S&P · 6-mo
Sentiment
smart money
Bullish
Trend (MA cross) No cross
50d $314 › 200d $264 — 50d above 200d
Institutional flow Accumulating
+18% holders QoQ · +619 funds added
Insider flow Distributing
Net -$3.0M over 90 days · 100% sells
Short interest Falling
2.22% of float · ▼ -2.4% MoM · 3.8 days cover
Volume signal Normal
Volume near normal
Institution breadth Multi-yr high
3,134 holders — near 3-yr high, broad support
Squeeze score 40
elevated · 0–100
Fundamentals
Excellent
Revenue growth +52%
Y/Y
Gross margin 362%
contracting
EPS growth +39%
Y/Y
Valuation P/E 51.8
rich
Buyback $4.0B
remaining
Balance sheet $1.9B
net cash
Quant / Vol
risk profile
Very High
Volatility 64%
annualized · 1-yr
Max drawdown −42%
past year
ATR 5.2%
of price · 14-day

Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

Guidance & track record

Latest guidance · from the Earnings Call filed Mar 31, 2026
looking forward
Capital expenditure as percent of revenue 4% – 5%
full year
Capital expenditure 4% – 5%
Prior guidance period ended · from the Earnings Call filed Mar 31, 2026
WFE · 2026 $140B

Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

Technicals

trend & momentum for long-term holders Neutral
2 · 4 · 1
50 / 200-day cross
No cross Neutral
Price vs 200-day avg
+13% Bullish
Price vs 50-day avg
−5% Bearish
RSI (14)
45 Neutral
MACD trend
Negative Bearish
52-week position
57% Neutral
Volume (OBV)
Confirms Neutral
Market signals — smart money & positioning
Bullish · 3 of 6
Trend (MA cross) No cross
50d $314 › 200d $264 — 50d above 200d
Institutional flow Accumulating
+18% holders QoQ · +619 funds added
Insider flow Distributing
Net -$3.0M over 90 days · 100% sells
Short interest Falling
2.22% of float · ▼ -2.4% MoM · 3.8 days cover
Volume signal Normal
Volume near normal
Institution breadth Multi-yr high
3,134 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $116 Now $298 · 57% Range high $433
vs 200-day avg +13% vs 50-day avg -5%

Illustrative technical + ownership context — a signal mix, not investment advice.

Key metrics

Earlier KPI extraction records exist, but do not meet the current evidence-completeness requirements. No current verified series is available. Earlier figures remain withheld until revalidated; this is not evidence that the company reports no KPIs.

Versus peers

Semiconductor Equipment & Materials — same industry group
Open screener →
Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
LRCX
Lam Research Corp
this stock
$373.17B +74.2% +51.7% 51.8 2.2%
ASML
Asml Holding NV
$615.64B +58.7% 0.4%
AMAT
Applied Materials Inc /De
$335.09B +77.6% -12.6% 36.5 2.0%
KLAC
Kla Corp
$236.01B +11.7% 49.4 2.3%
ATEYY
Advantest Corp
$142.54B +65.5% 0.0%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section
Ownership
Institutional Holders Accumulating
Holders
3,134
% held
89.6%
Net QoQ
+74.2M sh
Top holder
BlackRock, Inc.
Held Float
View
Held by Funds
Fund positions
1,636
View
Short & Settlement
Short Interest Falling
Shares short
27.8M
Days to cover
3.8d
Change
-668.0K sh
View
Short Volume
Short vol %
42%
As of
Sep 11, 2026
Short Total
View
Fails to Deliver
FTD shares
2.9K
Value
$897.8K
As of
Aug 12, 2026
View
Off-Exchange
Off-exchange %
42.0%
Week of
Aug 10, 2026
Off-exch Lit
View
Smart Money
Insider Trades Net selling
Net (90d)
-$3.0M
Buyers / Sellers
0 / 1
Buyers Sellers
View
Congressional Trades Sell
Member
Sheldon Whitehouse
Amount
$1.0K–$15.0K
Traded
Aug 13, 2026
View
Financials
Financials
Revenue (FY)
$23.2B
Net income (FY)
$7.3B
EPS diluted
$5.76
View
Buybacks
Remaining
$4.0B
View
Filings
SEC Filings
Latest
Investor Event Transcript
Filed
Sep 10, 2026
This year
12
View
Proposed Sales
Value
$9.6M
Shares
30.0K
Filed
Sep 9, 2026
View
Earnings & Events
Earnings Calls
Last call
Sep 10, 2026
View

Performance

Raw-price comparisons begin at the captured split on Oct 3, 2024; windows that need an earlier baseline remain unavailable.

5D 20D 120D MTD YTD
LRCX +1.9% -11.5% +30.6% -1.1% +74.2%
SPY -1.2% -1.8% +17.8% -0.4% +12.1%
vs SPY +3.1% -9.8% +12.8% -0.7% +62.1%

Capital returns

Declared · upcoming
$0.33 / share · ex Sep 23, 2026
Paid (TTM)
$0.00 / share · 0 payouts
Dividend yield (TTM, derived)
· no payout in the trailing year
Buyback program · as of Jun 28, 2026
Authorized
Spent (derived)
Remaining
$4.04B

Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

Key facts CIK 707549 CUSIP 512807306 13F (30d) 108 filings 88 filers Visit website Investor relations