Lam Research (LRCX.US) Price Target and Rating 2026/2027

334.26
Price history for Lam Research (LRCX.US) – stock price at $334.26, October 2026
Lam Research stock price – price development 2026. Updated Oct 7, 2026.
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Lam Research Price Target 2026: Analysts See 12% Upside

The average price target for Lam Research is $375.06. This price target represents the analysts' view of the stock price over the next 12 months. The stock may be undervalued, because the price target is higher than the current price. The stock is 12.21% below the target, which can point to potential returns within the next 12 months if the analysts' view proves right. Also consider the stock's valuation ratios such as P/E, P/S and P/B, plus the technical analysis further down the page, for the full picture.

Is Lam Research overvalued or undervalued?

Lam Research is currently undervalued with a gap of 12.2% relative to the price target.


The current price is $334.26, which places Lam Research in the undervalued category. The stock is considered undervalued when the price is below $337.55, and overvalued when the price exceeds $412.57.


The fair value range is defined as ±10% of the price target, because price targets are estimates rather than exact values. For Lam Research, the fair value range lies between $337.55 and $412.57.


See the full price target analysis for Lam Research →

Analyst Ratings for Lam Research stock in 2026: Strong Buy

35 analysts cover Lam Research. There is broad agreement on a positive view — 82.8% recommend buying. The average price target is $375.06, which gives an upside of 12.2% from the current price.

Consensus: Strong Buy (4.54/5)
Strong Buy
25 (71.4%)
Buy
4 (11.4%)
Hold
6 (17.1%)
Strong Sell Sell Hold Buy Strong Buy
4.54 out of 5 based on 35 analysts

About Lam Research – Semiconductor Equipment & Materials

**Lam Research Corporation (LRCX.US) makes equipment used to produce microchips.** The company earns money by selling, repairing, and servicing machines that chip manufacturers use to make integrated circuits (the small electronic components found inside computers, phones, and many other devices).

Lam Research operates in more than 60 countries and its customers are large, global chip manufacturers.

The company is known for several types of machines:

- **ALTUS systems**, which use a metal called tungsten to add thin metal layers onto chips (a step called metallization).
- **SABRE systems**, which create copper connections inside the chip. These connections work like tiny wires that let different parts of the chip communicate.
- **Flex machines**, used for a process called dielectric etching. Etching means removing very thin layers of material to shape the chip's structure. Dielectric refers to a material that does not conduct electricity, often used as an insulating layer.
- **Kiyo machines**, used for conductor etching, which shapes the parts of the chip that do conduct electricity.

Lam Research was founded in 1980.
Read more about the company

Key Figures for Lam Research

$435B Market cap
$23.2B Revenue
Semiconductor Equipment & Materials Industry
59.20 P/E
18.72 P/S
31.20 P/B
United States Listed on exchange

What kind of stock is Lam Research?

Growth stock Quality stock

Lam Research is classified as a growth stock and quality stock. This means the stock combines several attractive traits, strong financial health (Piotroski 7/9).

Score Overview for Lam Research

💰 Value Score 10/100 (Very Low)
⭐ Quality Score 92/100 (Very High)
🚀 Momentum Score 62/100 (High)
📊 Total Score 54/100

📈 Valuation

Lam Research trades at a P/E ratio of 59.2, which is above the market average. The forward P/E is 33.7 (43% lower), which suggests the market expects rising earnings. The P/S ratio is 18.7 (high — the market pays a premium for the revenue). The P/B ratio is 31.2. The PEG ratio is 1.45.

💵 Profitability & Growth

Lam Research has a profit margin of 31.3% (excellent) and an operating margin of 37.4%. Return on equity (ROE) is 65.1% — excellent return on equity. Return on assets (ROA) is 22.8%. The latest quarterly earnings grew 34.8% year over year — strong growth.

🏦 Financial Health

The Piotroski score is 7 out of 9 — good financial health. Altman Z2 is 11.08 (healthy balance sheet — low risk). The debt-to-equity ratio (D/E) is 116.4% — moderate debt.

🚀 Momentum & Short Interest

Short interest is 2.33%.

Lam Research Dividend 2026: 0.3% Dividend Yield

Dividend Key Figures for Lam Research

Dividend yield
0.31%
Latest dividend per share
0.33 USD
Payout ratio
19.1%
Low
Dividend growth (7 years)
+608.3%
Avg. annual dividend (3 years)
0.74 USD

When does Lam Research pay a dividend in 2026?

Latest ex-dividend date (traded without the dividend)
September 23, 2026
Next dividend payment
October 14, 2026
Latest payment date
October 14, 2026

How much does Lam Research pay in dividends?

Lam Research pays dividends to its shareholders. The most recently paid dividend was 0.33 USD per share, which corresponds to a dividend yield of 0.31%. Over the last 7 years, the annual dividend has grown by 608.3%, which shows positive dividend growth.

The payout ratio is 19.1%, which is low. This suggests the company prioritizes reinvesting in growth over dividend payments. There is good room to raise the dividend in the future.

Historical Dividend Payments for Lam Research

We have registered dividend payments for Lam Research since Dec 10, 2019. In that period the stock has paid a dividend 26 times, most recently on Sep 23, 2026. This stock qualifies as a stable dividend stock, because it has paid a dividend at least once a year for the last 5 years. That makes it attractive to investors looking for steady, regular dividend payments.

Ex-datePayment dateAmountCurrency
2026-09-232026-10-140.33USD
2026-06-172026-07-080.26USD
2026-03-042026-04-080.26USD
2025-12-032026-01-070.26USD
2025-09-242025-10-150.26USD
2025-03-052025-04-090.23USD
2024-09-172024-10-010.23USD
2024-06-182024-07-100.20USD
2024-03-122024-04-030.20USD
2023-12-122024-01-030.20USD
2023-09-122023-10-040.20USD
2023-06-132023-07-050.17USD
2023-03-142023-04-050.17USD
2022-12-132023-01-040.17USD
2022-09-132022-10-050.17USD
2022-06-142022-07-060.15USD
2022-03-152022-04-060.15USD
2021-12-142022-01-050.15USD
2021-09-272021-10-130.15USD
2021-06-152021-07-070.13USD
2021-03-162021-04-070.13USD
2020-12-082021-01-060.13USD
2020-09-292020-10-140.13USD
2020-06-162020-07-080.12USD
2020-03-242020-04-080.12USD
2019-12-102020-01-080.12USD

Insider Trading in Lam Research 2026: The Signal Is negative

In 2026, insiders at Lam Research have made 20 transactions, all of which were sales. On a net basis, insiders took $94,116,437 out of the stock. Active insiders include Mayer Bethany, ARCHER TIMOTHY, Varadarajan Seshasayee and others. In the short term (last 3 months), the insider signal is negative.

Short-Term Signal (3 months): Negative

Insiders have exclusively sold shares over the last 3 months.

Over the last 3 months: 0 purchases and 6 sales. A net $35,048,940 out of the stock.

Long-Term Signal (all transactions): Negative

Insiders have exclusively sold shares in the recent period. This can suggest management sees limited opportunity.

Across the last 20 transactions: 0 purchases and 20 sales. A net $94,116,437 out of the stock.

Latest sale: Mayer Bethany sold 9,557 shares at $314.74 each on 2026-09-09.

Who is selling: Mayer Bethany, ARCHER TIMOTHY, Varadarajan Seshasayee, Harter Ava, TALWALKAR ABHIJIT Y and others.

Latest Insider Trades in Lam Research (2026)

The table shows the last 20 reported insider transactions in Lam Research. Green rows are purchases, red rows are sales. The data is based on official filings.

Transaction date Name Type Number of shares Price per share ($) Total amount ($)
2026-09-09 Mayer Bethany Sell 9,557 315 3,007,970
2026-09-09 ARCHER TIMOTHY Sell 30,000 319 9,577,800
2026-09-02 Varadarajan Seshasayee Sell 20,000 291 5,826,400
2026-08-31 Harter Ava Sell 5,000 302 1,512,300
2026-08-06 ARCHER TIMOTHY Sell 30,000 300 9,000,000
2026-07-13 TALWALKAR ABHIJIT Y Sell 18,282 335 6,124,470
2026-07-02 ARCHER TIMOTHY Sell 30,000 390 11,700,300
2026-06-12 BRANDT ERIC Sell 300 373 111,927
2026-06-11 BRANDT ERIC Sell 974 364 354,536
2026-06-01 Fernandes Neil J Sell 7,659 310 2,371,226

Who is buying and selling Lam Research shares in 2026?

The following insiders have sold shares: Mayer Bethany, ARCHER TIMOTHY, Varadarajan Seshasayee, Harter Ava, TALWALKAR ABHIJIT Y and others. In total, $94,116,437 was sold across 20 transactions. Insider trades are legal transactions in which executives and board members buy or sell shares of their own company. These transactions are reported to the SEC and are publicly available.

Lam Research Short Selling 2026: 2.3% Sold Short

Moderate short interest: 2.3% of the free float
Short % of free float
2.3%
Assessment
Moderate short interest
Short squeeze risk
Low
Data source
EODHD
Reported about twice a month

Short interest over time: Lam Research

0.0%1.7%3.4%
Peak 2.9% · 5/30
5/307/299/28
2.3% today (moderate)Peaked at 2.9% on May 30, 2026Last 30 days: −0.2 percentage pointsMeasured over 121 days
What does the trend tell you?
Short interest in Lam Research has been fairly stable at 2.3% over the period. Neither many new short sellers have arrived nor many positions been closed.

What matters is when the curve starts to move. This is how shorting works: whoever shorts has borrowed the share and sold it, and to close the position again they must buy the share back. When short interest falls, shares are being bought back. So it is worth watching the trend, not just today's number.
The stock has a moderate share of short selling. Between 2-5% of the freely traded shares are sold short, which is within the normal range for most stocks.

Short interest comes from our data provider EODHD. The figure is reported about twice a month; we check it every trading day.
Short Interest Scale
0% 2% 5% 10% 20%+
Low Moderate High Very High Extreme
▲
2.3%

When Does Lam Research Report Earnings – Next Date: Oct 21, 2026

The next earnings report from Lam Research is scheduled for October 21, 2026, after the market closes. This report covers the third quarter (Q3), which ended on September 30, 2026.



Technical Analysis of Lam Research 2026 – Signal: Strong Buy

Overall Technical Signal: Strong Buy

Based on trend analysis (SMA50/SMA200) and MACD trend (positive/negative on a daily + weekly basis). Updated October 7, 2026.

Technical analysis of Lam Research (LRCX.US) – RSI 59, MACD positive (bullish), daily candlestick chart October 2026
Lam Research technical analysis – candlestick chart with RSI, MACD and volume profile. Updated Oct 7, 2026.

Trend Analysis of Lam Research Corporation

Lam Research Corporation is in a short-term uptrend. The price of $333.89 is 8.4% above the 20-day average ($308.00). Medium term, the picture is positive: the price is 8.5% above the 50-day average ($307.71). Long term, the stock is 20.6% above the 200-day average ($276.87), which confirms a long-term uptrend.

Golden Cross: The 50-day average (307.71) is above the 200-day average (276.87), which is a classic bullish signal for Lam Research Corporation.

Is Lam Research Corporation overbought or oversold?

Lam Research Corporation has an RSI of 59.3. The stock shows positive momentum in the upper part of the neutral zone. Combined with the positive trend, this supports the bullish picture.

MACD Analysis for Lam Research Corporation

Daily MACD: MACD is positive (9.468), which means the short-term trend is bullish (the 12-day EMA is above the 26-day EMA). MACD is above the signal line (4.236) by 5.232, which confirms rising momentum in the uptrend.

Weekly MACD: MACD5 is positive (15.799), which indicates a broader bullish long-term trend. MACD5 is below the signal line (22.030) by 6.231, which suggests the long-term momentum is fading – the positive trend could come under pressure.

Overall MACD assessment: Both the daily and weekly trend are bullish (MACD positive). However, momentum shows signs of weakening on a weekly basis. Watch whether the trend holds.

Risk Profile for Lam Research Corporation

Lam Research Corporation has an annual standard deviation of 64.7%, which classifies the stock as Speculative. Sizeable price swings are normal, and the stock requires a higher risk tolerance.

Overall Technical Conclusion for Lam Research Corporation

Trend: Positive. The price trades above SMA50 and SMA200.

MACD trend (zero line): Daily bullish (9.468). Weekly bullish (15.799).

MACD momentum (signal): Daily rising. Weekly falling.

RSI: 59.3 – neutral.

Technical signal: Strong Buy

The price is in an uptrend (above SMA50/SMA200) and MACD is positive on both a daily and weekly basis. Trend and MACD trend confirm each other – the strongest technical buy signal.

Frequently Asked Questions About Lam Research stock in 2026

Should you buy Lam Research stock now?
Yes, the technical signal for Lam Research is currently Strong Buy. Lam Research trades at $334.26 as of Oct 7, 2026. The technical analysis shows the following: MACD is positive (bullish trend) at 9.468 with rising momentum (signal: 4.236); RSI is at 59.3 (neutral zone); the stock is in a short-term uptrend (price above the 20-day average); the analyst price target of $375.06 points to 12.2% upside. The stock is in a broader uptrend (above SMA50/SMA200). This is a technical observation based on current data, not investment advice.
What is the price target for Lam Research stock?
The average analyst price target for Lam Research is $375.06. The current price is $334.26, which gives an upside of 12.2%. Based on this, the stock is considered undervalued. The fair value range (±10% of the price target) is between $337.55 and $412.57.
Is Lam Research a dividend stock?
Yes, Lam Research is a dividend stock with a dividend yield of 0.31%. The latest dividend was $0.33 per share. The latest ex-dividend date (traded without the dividend) was Sep 23, 2026. The payout ratio is 19.1%, which is considered sustainable. The next dividend payment is scheduled for Oct 14, 2026.
When does Lam Research pay a dividend in 2026?
Lam Research pays its next dividend on Oct 14, 2026. The latest dividend was $0.33 per share with an ex-dividend date of Sep 23, 2026. The dividend yield is 0.31%. The payout ratio of 19.1% points to a sustainable dividend with room to grow.
What is the risk of Lam Research stock?
Lam Research is rated as a stock in the risk category Speculative. the annual standard deviation is 64.7%, which classifies the stock as Speculative.
Is Lam Research overvalued?
No, Lam Research is considered undervalued based on the analyst price target (12.2% upside). Lam Research has the following valuation ratios: a P/E ratio of 59.2 (highly valued), a P/S ratio of 18.7, a P/B ratio of 31.2. The analyst price target suggests that the stock is undervalued by 12.2%.
Is Lam Research overbought?
No, Lam Research is not overbought. RSI is at 59.3 (neutral zone). The technical indicators show: RSI is at 59.3 (neutral zone between 30-70), which signals neither overbought nor oversold. In addition, the price is 8.5% above the 20-day average (short-term uptrend). In addition, MACD is positive with rising momentum (bullish).
When is the next Lam Research earnings report?
Lam Research reports its next earnings on October 21, 2026. The stock currently trades at $334.26. With a P/E ratio of 59.2, the market will be watching closely whether earnings meet expectations.
Is Lam Research shorted?
Yes, Lam Research is shorted with 2.3% of the free float sold short. This is a moderate level of short selling, within the normal range for most stocks. The figure comes from our data provider EODHD, is reported about twice a month, and we check it every trading day.
Are insiders buying Lam Research stock?
No, insiders are not buying Lam Research shares – they are net sellers. Over the last 3 months, insiders have made 0 purchases and 6 sales. On a net basis, 35,048,940 $ worth of shares were sold. Across the last 20 reported transactions, the split is 0 purchases and 20 sales, with a net 94,116,437 $ sold. Active sellers include Mayer Bethany, ARCHER TIMOTHY, Varadarajan Seshasayee and others. Insider selling can have several explanations (e.g. planned 10b5-1 sales, portfolio diversification or taxes), but sustained selling by several insiders is worth watching closely.
Is Lam Research a good stock?
Based on our total score, Lam Research is rated as a mediocre stock with a total score of 54 out of 100. The stock scores around average on value, quality and momentum – it sits near the median in our database. The score is made up of Value: 10/100, Quality: 92/100, Momentum: 62/100. In addition: analysts see 12.2% upside to the price target; a dividend of 0.31%; technical signal: Strong Buy. Whether Lam Research is a good investment depends on your time horizon, risk profile and portfolio. This is a data-driven observation, not investment advice.
What is the outlook for Lam Research stock?
The outlook for Lam Research based on current data: the average analyst price target is $375.06 (+12.2%); the stock is in an uptrend (above SMA50 and SMA200); the next earnings report is due on Oct 21, 2026, which can move the price; the P/E ratio is 59.2 (high – the market expects growth). Keep in mind that stock prices are affected by many factors, including earnings reports, the economy and market sentiment. Past returns are no guarantee of future returns.
Why is Lam Research stock rising?
Lam Research is rising right now. The technical indicators show: the price is 8.5% above the 20-day average; MACD is positive with rising momentum (bullish signal); insiders have mostly been selling the stock recently. For the latest context, see our technical analysis and insider section above.
How high can Lam Research go?
The average analyst price target for Lam Research is $375.06, which corresponds to a potential gain of 12.2% from the current price of $334.26. The stock has traded between $130.42 and $438.03 over the last 52 weeks. The price is 23.7% below the 52-week high, which can indicate potential if the underlying fundamentals are intact. Keep in mind that price targets are estimates, not guarantees. Actual price moves depend on earnings, market conditions and unexpected events.
How low can Lam Research fall?
The stock has traded as low as $130.42 over the last 52 weeks — that is 61.0% below the current price of $334.26. The biggest decline (drawdown) in the same period was 70.2% from high to low. Within a year, the price typically swings about ±64.7% (standard deviation — a measure of price swings). A difficult year could therefore mean a further decline of that size. Remember: past price swings are no guarantee for the future — a stock can fall further than the last 52 weeks suggest, especially on profit warnings, sector crises or a market crash. Use stop-loss orders and spread your portfolio to limit losses in single stocks.
What does Lam Research do?
**Lam Research Corporation (LRCX.US) makes equipment used to produce microchips.** The company earns money by selling, repairing, and servicing machines that chip manufacturers use to make integrated circuits (the small electronic components found inside computers, phones, and... The company belongs to the Technology sector, more specifically the Semiconductor Equipment & Materials industry, is headquartered in United States, and is traded on the USA Stocks. See the key figures, earnings history and price development above to evaluate Lam Research as an investment.
Did Lam Research raise or lower its guidance?
Over the last 60 days we have not registered a guidance raise or cut from Lam Research. The company can still adjust its guidance at quarterly reports or between reports — see the earnings history above.
Is Lam Research making money or losing money?
Yes, Lam Research is making money, not losing it. The company has a profit margin (the share of revenue left over as profit) of 31.3% — which is excellent. The operating margin (profit before interest and taxes) is 37.4%. At a P/E ratio of 59.2, you currently pay 59.2 dollars for every dollar of the company's annual earnings. A consistently profitable company is usually more resilient than growth stocks that are not yet making money.
Can Lam Research go bankrupt?
The bankruptcy risk of Lam Research is rated as low. Altman Z2 (a model for assessing financial distress) is 11.08 — that places the company in the healthy zone. The company has a healthy balance sheet with limited debt relative to earnings and assets. The Piotroski score (financial health 0-9, higher is better) is 7 — which is strong. Debt relative to equity is 116% (moderate). Remember: models like Altman Z2 are statistical — unexpected shocks (fraud, a sector collapse, lawsuits) can always happen. Spread your portfolio.
Does Lam Research have a lot of debt?
Lam Research has moderate debt relative to equity. The debt-to-equity ratio (D/E — interest-bearing debt to equity) is 116%. For the technology sector, 60-120% counts as a typical level. Tech companies are usually asset-light and need little borrowed capital — anything below 60% counts as low in this sector. Note: D/E levels are highly sector-specific — a bank at 300% debt is normal, a tech stock at 300% is extremely leveraged. Always compare with similar companies in the same sector. Can Lam Research service its debt? Can service its debt without problems — the interest coverage ratio (how many times earnings can cover interest payments) is 72.3x, and the company has more cash than debt (net cash).

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