LRCX- Lam Research Corporation
Technology · Semiconductor Equipment & Materials
Price & Performance
Performance
Analysis & Verdict
Analyst Ratings
Strong BuyWall Street consensus from 31 analysts
12-Month Price Target
$370.87
Based on analyst estimates; price targets are opinions, not guarantees.
Fair Value Estimates
Current price: $307.65
Graham Number
√(22.5 × EPS × Book Value)
$35.97
Benjamin Graham's intrinsic value formula. Assumes a fair stock trades at no more than 22.5× the product of EPS and book value per share.
Bazin Ceiling Price
Avg. Annual DPS (5Y) ÷ 6%
$12.63
Décio Bazin's dividend-based ceiling. The max price you should pay so that dividends alone deliver at least 6% annual yield on your cost basis.
These are simplified estimates. Not financial advice.
Buy & Hold Checklist
Quality criteria for long-term holding
9/10
90% score
Pays dividends
12Y hist.12+ years of dividend history
Dividend consistency (5Y+)
12 yrsUninterrupted dividend payments for at least 5 years
ROE above 10%
65.1%Return on equity - measures how efficiently capital is used
Positive profit margin
31.3%Net profit margin must be positive - company earns more than it spends
Revenue growth (annual)
+30.0%Annual revenue must be growing compared to the prior year
Earnings growth (annual)
+34.8%Annual earnings must be growing compared to the prior year
Debt/Equity below 2×
33.05×Low financial leverage reduces risk of distress
Current ratio above 1
2.63×Short-term assets must cover short-term liabilities
Daily liquidity above $5M
$3.5B/dayHigh trading volume ensures easy entry and exit
Dividend yield above 0%
0.45%Stock must distribute income to shareholders
Financials
Revenue & Results
Key Statistics
Earnings
Next Earnings
Oct 21, 2026
47
days
EPS (TTM)
$5.77
P/E (TTM)
53.3
Fwd P/E
26.6
SEC Filings & Reported Financials
Earnings History
SEC EDGAR · official filings
SEC Filings
Official EDGAR documents
Insider Transactions
SEC Form 4 · officers, directors & 10% owners
Dividends & Income
Dividends
Current DY
0.45%
5Y Avg Annual
$0.7500
Last Payment
$0.2600
Ex-Date
06/17/2026
Annual dividends paid per share
| Ex-Date | Payment | Amount | Est. DY |
|---|---|---|---|
Latest06/17/2026 | 07/08/2026 | $0.2600 | 0.34% |
03/04/2026 | 03/25/2026 | $0.2600 | 0.34% |
12/03/2025 | 12/24/2025 | $0.2600 | 0.34% |
09/24/2025 | 10/15/2025 | $0.2600 | 0.34% |
06/18/2025 | 07/09/2025 | $0.2300 | 0.30% |
03/05/2025 | 03/26/2025 | $0.2300 | 0.30% |
12/11/2024 | 01/01/2025 | $0.2300 | 0.30% |
09/17/2024 | 10/08/2024 | $0.2300 | 0.30% |
Magic Number
Shares needed to self-fund your next purchase
$307.65
Price
$0.2600
Last div. (quarterly)
1,184
shares
Own 1,184 LRCX shares ($364,257.60) and each quarterly dividend pays for 1 new share - the snowball runs on its own.
Investment target
$364,257.60
New shares / year
+4 shares
Dividend Calculator
0.43% yieldEstimate LRCX dividend income at the current rate.
Per year
$42.91
Per month
$3.58
≈ 32.5 shares at $1.32/share a year. Estimate only - dividends can be cut or raised.
Tools & Simulators
LRCX vs Peers, Indexes & Commodities
?Click a card below to plot it on the chart
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Parameters
Final value
$426,404.61
Total invested
$130,000.00
Total interest
$296,404.61
Balance over time
Period breakdown
| Period | Balance | Invested | Interest |
|---|---|---|---|
| Start | $10,000.00 | $10,000.00 | $0.00 |
| Year 1 | $17,270.27 | $16,000.00 | $1,270.27 |
| Year 2 | $25,267.56 | $22,000.00 | $3,267.56 |
| Year 3 | $34,064.59 | $28,000.00 | $6,064.59 |
| Year 4 | $43,741.32 | $34,000.00 | $9,741.32 |
| Year 5 | $54,385.72 | $40,000.00 | $14,385.72 |
| Year 6 | $66,094.55 | $46,000.00 | $20,094.55 |
| Year 7 | $78,974.28 | $52,000.00 | $26,974.28 |
| Year 8 | $93,141.97 | $58,000.00 | $35,141.97 |
| Year 9 | $108,726.44 | $64,000.00 | $44,726.44 |
| Year 10 | $125,869.35 | $70,000.00 | $55,869.35 |
| Year 11 | $144,726.56 | $76,000.00 | $68,726.56 |
| Year 12 | $165,469.48 | $82,000.00 | $83,469.48 |
| Year 13 | $188,286.70 | $88,000.00 | $100,286.70 |
| Year 14 | $213,385.63 | $94,000.00 | $119,385.63 |
| Year 15 | $240,994.47 | $100,000.00 | $140,994.47 |
| Year 16 | $271,364.18 | $106,000.00 | $165,364.18 |
| Year 17 | $304,770.87 | $112,000.00 | $192,770.87 |
| Year 18 | $341,518.22 | $118,000.00 | $223,518.22 |
| Year 19 | $381,940.31 | $124,000.00 | $257,940.31 |
| Year 20 | $426,404.61 | $130,000.00 | $296,404.61 |
What is compound interest?
Compound interest means that the interest you earn in one period is added to your principal, so in the next period you earn interest on a larger base. This creates exponential growth: the longer your time horizon, the more dramatic the effect.
Which rate should I use?
The S&P 500 has historically returned ~10%/year before inflation over long periods - use this for an all-equity US index fund scenario. A balanced growth portfolio (stocks + bonds) is closer to 7%. High-yield savings accounts (HYSA) are currently paying around 4-5% with FDIC insurance and zero market risk. Bonds historically return ~4% annualized.
Formula used
FV = PV × (1+r)^n + PMT × ((1+r)^n − 1) / rwhere r is the monthly rate, n is the number of months, PV is the initial investment, and PMT is the monthly contribution. Annual rates are converted to monthly viar = (1 + annual%)^(1/12) − 1.
For educational purposes only. Not financial advice. Past returns do not guarantee future results.
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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.
Sector
Technology
Industry
Semiconductor Equipment & Materials
Location
Fremont, United States
Employees
23,300
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Lam Research Corporation (LRCX) stock trades at $307.65, up 5.12% on the day. With a market capitalization of $384.97 billion, LRCX is a mega-cap technology stock. It trades at a price-to-earnings (P/E) ratio of 53.3, a forward P/E of 26.6 and earnings per share (EPS) of $5.77. Over the most recent period the company reported 30% year-over-year revenue growth and a net profit margin of 31.3%. Below you'll find LRCX's full fundamentals, fair-value estimates, dividend history, earnings and our buy, hold or avoid verdict for 2026.
LRCX - Frequently Asked Questions
Is Lam Research Corporation (LRCX) a good stock to buy in 2026?
Lam Research Corporation (LRCX) shows strengths such as revenue growth of 30%, a strong 31% net margin and a 65% return on equity, while risks include a rich P/E of 53× and high leverage (debt/equity of 33.0). Whether LRCX is a good buy in 2026 depends on your time horizon and risk tolerance - review the full bull case, bear case and fair-value estimates above. This is informational analysis, not financial advice.
What is LRCX's stock price today?
Lam Research Corporation (LRCX) trades at $307.65, up 5.12% on the session. Prices on this page update throughout the trading day.
Does LRCX pay a dividend?
Yes. Lam Research Corporation pays an annual dividend of $1.32 per share, a dividend yield of 0.45%. The most recent ex-dividend date was September 23, 2026. Its payout ratio is about 18% of earnings.
Is LRCX overvalued?
With a P/E ratio of 53.3×, LRCX trades at a premium valuation for the technology sector. Its PEG ratio is 1.35. See the Fair Value Estimates section above for Graham Number and dividend-based price targets.
What is LRCX's market cap?
Lam Research Corporation (LRCX) has a market capitalization of $384.97 billion, classifying it as a mega-cap stock in the Technology sector.
Disclaimer: This page - including any buy/hold/avoid view, fair value or price estimate - is generated from market data for informational and educational purposes only and does not constitute financial, investment or trading advice. Data may be delayed or inaccurate. Always do your own research and consult a licensed financial advisor before making any investment decision.