LRCX
Lam Research Corp
NASDAQ: LRCX · TECHNOLOGY · SEMICONDUCTOR EQUIPMENT & MATERIALS
$321.80
-1.64% today
Updated 2026-06-10
Market cap
$418.20B
P/E ratio
63.34
P/S ratio
19.29x
EPS (TTM)
$5.28
Dividend yield
0.32%
52W range
$84 – $346
Volume
9.3M
WallStSmart proprietary scores
74
out of 100
Grade: B
Buy
Investment rating
7.3
Growth
B+8.5
Quality
A10.0
Profitability
A+4.0
Valuation
C6/9
Piotroski F-Score
Moderate
4.7
Altman Z-Score
Safe zone
—
Industry rank
—
View all highly rated stocks (75+) →210 stocks currently score above 75
Price targets
Analyst target
$309.50
-3.82%
12-Month target
$146.64
-54.43%
Intrinsic (DCF)
$329.99
Margin of safety
+1.68%
4 Strong Buy25 Buy6 Hold0 Sell1 Strong Sell
Price chart
Stock snapshot
Strengths
+ Altman Z 4.65 — safe zone
+ Profit margin 30.90% — above average
+ ROE 63.38% — strong efficiency
+ Free cash flow $809.82M — positive
+ Revenue growth 23.80% QoQ
Risks
- P/E 63.34x — expensive valuation
Key financials
Revenue Net Income Free Cash Flow
| Metric | 2022 | 2023 | 2024 | 2025 | TTM | 2026 (E) |
|---|---|---|---|---|---|---|
| Revenue | $17.23B | $17.43B | $14.91B | $18.44B | $21.68B | $23.7B |
| Net income | $4.61B | $4.51B | $3.83B | $5.36B | $1.83B | — |
| EPS | — | — | — | — | $5.28 | $5.83 |
| Free cash flow | $2.55B | $4.68B | $4.26B | $5.41B | $809.82M | — |
| Profit margin | 26.73% | 25.89% | 25.68% | 29.06% | 30.90% | — |
Recent insider activity
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-01 | FERNANDES, NEIL J | Sale | 7,659 | $309.60 |
| 2026-05-01 | FERNANDES, NEIL J | Sale | 18,170 | $255.14 |
| 2026-04-27 | HARTER, AVA | Sale | 6,010 | — |
Peer comparison
Smart narrative
Lam Research Corp trades at $321.80. representing a P/E of 63.34x trailing earnings. Our Smart Value Score of 74/100 indicates the stock is good. The company scores 6/9 on the Piotroski F-Score. With an Altman Z-Score of 4.65, it sits in the safe zone. TTM revenue stands at $21.68B. with profit margins at 30.90%. Our DCF model estimates intrinsic value at $329.99.
Frequently asked questions
What is Lam Research Corp's stock price?
Lam Research Corp (LRCX) trades at $321.80, on a P/E of 63.3x and a P/S of 19.3x. Those multiples show what the market is paying for each dollar of earnings and sales, which is the real starting point for judging whether the price is reasonable.
Is Lam Research Corp overvalued?
Lam Research Corp carries a Smart Value Score of 74/100 (Grade B), which we rate Buy. That score blends growth, quality, and valuation into one read. Our DCF puts intrinsic value at $329.99 versus the $321.80 price, a 1.7% margin of safety on a cash flow basis.
What is the price target of Lam Research Corp (LRCX)?
The 12-month analyst consensus target is $309.50, about 3.8% below the current $321.80. A consensus target is the average of Wall Street's 12-month forecasts, so it works as a sentiment gauge rather than a guarantee, and it resets with every earnings cycle.
What is the future stock price of LRCX by 2030?
Our research-backed model puts the 2030 base case at $665.50, built from revenue projections, a growth-adjusted P/S multiple, net debt, and share dilution. It is a scenario rather than a prediction, and the bull and bear cases around it matter more than the single number when you are sizing a position.
What is the intrinsic value of Lam Research Corp (LRCX)?
Our DCF model estimates intrinsic value at $329.99, a +1.7% margin of safety versus today's $321.80. Intrinsic value is what the projected cash flows are worth today. A positive reading means the price sits below that estimate, leaving a cushion if growth holds.
What is Lam Research Corp's revenue?
Lam Research Corp's trailing twelve-month revenue is $21.68B, and our model projects it reaching about $57.40B by 2030. Revenue scale anchors the valuation multiples and shows whether growth is reaching the top line, so it is best read alongside margin and growth trends to see if that revenue is getting more profitable over time.
Altman Z-Score?
Lam Research Corp's Altman Z-Score is 4.65, which places it in the safe zone. The Altman Z-Score gauges bankruptcy risk from profitability, leverage, and asset efficiency, and a higher reading points to lower financial distress risk.
Company info
SectorTECHNOLOGY
IndustrySEMICONDUCTOR EQUIPMENT & MATERIALS
CountryUSA
ExchangeNASDAQ
CurrencyUSD
Quick metrics
P/S ratio19.29x
ROE63.38%
Beta1.82
50D MA$267.49
200D MA$195.06
Shares out1.25B
Float1.25B
Short ratio—
Avg volume9.3M
Performance
1 week-9.85%
1 month+4.85%
3 months+44.77%
YTD+77.17%
1 year—
3 years—
5 years—