Lam Research Corporation(LRCX)
NASDAQ
$320.59
-8.92 (-2.71%)

Lam Research Corporation(LRCX)Stock Price & Analysis
NASDAQ

LRCX Stock Price Today (October 2026) — Lam Research Corporation Analysis & Key Metrics 2026-10-08

Lam Research Corporation (LRCX) is trading at $320.59, down 2.71% today (as of October 2026). The stock continues to show sustained strength above key moving averages, attracting attention from investors looking for Technology growth opportunities.

  • According to consensus analyst estimates, the 1-year price target is $375.06 (17.0% upside).
  • Volatility is moderate (33.04% annualized), implying notable price swings for short-term traders.
  • The fundamental picture, based on the latest financial filings, is nuanced: solid revenue growth (30.00% YoY) alongside competitive pressures in the Semiconductor Equipment & Materials space.

LRCX Stock Analysis: Key Metrics & Valuation (October 2026)

Concise, actionable data for investors

Trend posture
Uptrend: above 50- and 200-day averages
Analyst 1Y target$375.06+17.0%
Volatility (30d ann.)33.04%Moderate
RSI (14-day)
50.36 (Neutral)
Debt$4.12B (0.33x D/E)

Lam Research Corporation - Historical Price & Volume

$320.59
+238.83 (+292.12%)
  • Price
  • Volume
  • Latest price
Range: 2Y

Market Cap

$401.19B

Enterprise Value: $399.74B

P/E Ratio

47.40

Forward P/E: 26.09

Revenue Growth

+30.00%

Year over Year

Analyst Target

$375.06

+17.0% upside potential

Key Investor Questions About LRCX

What investors need to know before buying

Is it a good time to buy LRCX stock?

Based on current market data, LRCX presents a neutral technical setup with looking solid fundamentals.

  • Technicals say: Neutral (RSI 50.36)
  • Fundamentals say: Looking solid (debt and growth supportive)
Can LRCX sustain revenue growth in the Semiconductor Equipment & Materials market?

LRCX's growth trajectory depends on its ability to expand within the Semiconductor Equipment & Materials sector while managing margin pressures.

  • Future growth will depend on performance in core Semiconductor Equipment & Materials operations.
  • The ability to manage competitive pressures will be crucial for sustained growth.
What are the biggest risks facing LRCX stock?

The primary risks for LRCX investors include debt exposure and competitive dynamics in the Semiconductor Equipment & Materials industry.

  • $4.12B in debt could be a headwind in a high-rate environment.
  • Fierce competition from established players in Semiconductor Equipment & Materials.

52-Week Trading Range

52-Week Low$131.02
52-Week High$438.50
Current Price$320.59

Over the past year, LRCX stock traded between $131.02 and $438.50 and currently trades in the middle of that range. Big swings are likely unless a major catalyst emerges.

Volatility & Risk Profile

30-Day Volatility33.04%
Beta2.90
RSI (14-day)50.36

With 33.04% annualized volatility and β=2.90, the stock exhibits high sensitivity to market moves—making LRCX suitable for investors comfortable with active risk management.

Institutional & Insider Ownership

Insider Ownership0.28%
Institutional Ownership88.85%
Shares Short26.08M

High institutional ownership with low short interest suggests steadier hands and low immediate risk.

Analyst Sentiment & Price Targets

Mean Target
$375.06
Upside Potential
+17.0%
Recommendation
strong_buy
Analysts maintain moderate optimism with a $375.06 target, indicating17.0% upside potential.

Latest News & Headlines

Recent headlines and coverage

ZacksSep 25, 2026

Lam Research (LRCX) Outperforms Broader Market: What You Need to Know

In the most recent trading session, Lam Research (LRCX) closed at $315.56, indicating a +2.73% shift from the previous trading day.

ZacksSep 25, 2026

Wall Street Bulls Look Optimistic About Lam Research (LRCX): Should You Buy?

According to the average brokerage recommendation (ABR), one should invest in Lam Research (LRCX). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?

Simply Wall St.Sep 25, 2026

Lam Research (LRCX) Following Higher 2026 Outlook And Packaging Growth Is It Still Undervalued

Lam Research (LRCX) drew fresh attention after management lifted its 2026 wafer fab equipment outlook to the low US$150b range, while also flagging a sharp expected rise in advanced packaging revenue. Recent trading has been choppy for Lam Research, with the share price up 14.1% over the past week but down about 19% across the last three months. Even so, the year-to-date share price return sits near 66% and the 1 year total shareholder return is about 141%, suggesting strong longer run...

StockStorySep 24, 2026

Lam Research, Marvell Technology, Western Digital, FormFactor, and Penguin Solutions Shares Are Falling, What You Need To Know

A number of stocks fell in the afternoon session after the 10-year Treasury yield climbed to 5.14% following strong September business activity data that raised expectations for tighter Federal Reserve interest rate policy.

ZacksSep 24, 2026

The Zacks Analyst Blog Highlights Applied Materials, Lam Research and KLA

Applied Materials, Lam Research and KLA stand to benefit as AI infrastructure spending boosts semiconductor equipment demand.

ZacksSep 23, 2026

3 Top Chip Equipment Stocks to Buy as AI Demand Fuels BofA Optimism

Applied Materials, Lam Research and KLA stand to benefit as BofA lifts chip equipment spending forecasts amid surging AI, memory and packaging demand.

BarchartSep 23, 2026

Nvidia and AMD Get the Headlines. The Real AI Winners Might Be Applied Materials and Lam Research.

Applied Materials and Lam Research build the tools behind every AI chip. See how their strategies differ and which stock best fits investors.

ZacksSep 22, 2026

Lam Research (LRCX) Stock Moves 2.88%: What You Should Know

In the latest trading session, Lam Research (LRCX) closed at $310.99, marking a +2.88% move from the previous day.

ZacksSep 22, 2026

LRCX Eyes Mid-40s Operating Margin: Is the Long-Term Goal Achievable?

LRCX targets mid-40% operating margins as rising revenues, AI-driven demand and higher-margin services support expansion over several years.

24/7 Wall St.Sep 18, 2026

Lam Research Climbs 5% as Chip Equipment Names Outrun the Sector; Applied Materials Rises 4%, KLA Corp. Gains 3%

Chip equipment stocks are breaking away from the broader semiconductor pack on Friday, and the pattern of who is buying what reveals something specific about where money is flowing and why the tools layer keeps trading on its own terms.

Earnings snapshot

Next report Oct 21, 2026 (after the close, usually)

EPS beat rate
100% (12/12)
Avg move after earnings
±6.0%
Options-implied move
—
Options vs history
—
LRCX earnings history, charts and expected move

Frequently Asked Questions

Common investor questions about Lam Research Corporation

Lam Research Corporation (LRCX) is currently trading at $320.59. The RSI (14-day) is at 50.4, indicating neutral territory. Wall Street analysts have a consensus "strong_buy" recommendation. The mean analyst price target of $375.06 implies 17.0% upside from current levels. Volatility is moderate at 33.0% annualized, meaning price movements are relatively contained. Investors should consider their risk tolerance, investment horizon, and portfolio diversification before making a decision.

Based on current valuation metrics for Lam Research Corporation (LRCX): The trailing P/E ratio is 47.40, which is above the market average, indicating investors are pricing in higher growth expectations. The forward P/E is 26.09, lower than the trailing P/E, suggesting analysts expect earnings improvement. The PEG ratio is 1.48, near 1.0, suggesting roughly fair value relative to growth. Price-to-Book is 27.44. Price-to-Sales is 14.73. Valuation should be compared to Semiconductor Equipment & Materials industry peers for context, as different sectors trade at different multiples.

Based on 31 analysts covering LRCX, the consensus price target is $375.06. This represents a 17.0% upside from the current price of $320.59. The range spans from a low target of $290.00 to a high target of $500.00, reflecting varying levels of optimism among analysts. The consensus recommendation is "strong_buy". Note: Analyst price targets are forward-looking estimates and not guarantees of future performance.

Yes, Lam Research Corporation (LRCX) pays a dividend with a current yield of approximately 0.41%. The annualized dividend rate is $1.04 per share. The payout ratio is 18.1%, which is conservative and suggests the dividend is well-covered by earnings with room for future increases. The most recent ex-dividend date was Sep 23, 2026.

Key risks for Lam Research Corporation (LRCX) investors include: 1. Moderate volatility (33.0% annualized)—price swings are notable. 2. Broader market and macroeconomic risks (interest rates, inflation, geopolitical events). 3. Semiconductor Equipment & Materials sector-specific competitive pressures. Investors should diversify and consider their risk tolerance before investing.

Here is Lam Research Corporation's (LRCX) current debt and financial health profile: Total debt stands at $4.12B. The debt-to-equity ratio is 0.33x, which is moderate and generally manageable for most companies. The current ratio is 2.63, indicating strong short-term liquidity. The quick ratio is 1.84. The company holds $5.58B in cash and equivalents. Free cash flow is positive at $3.09B, providing a cushion for debt servicing and shareholder returns.