Lam Research Corporation (LRCX) is trading at $265.55, up 2.8% with a composite score of 72/100, indicating a neutral to bullish setup, particularly given its 22% revenue growth and 30% margin. The stock's forward P/E of 37.1 and beta of 1.79 suggest a rich valuation, but Wall Street is raising its target to $281, implying potential for further upside. The market is currently pricing the risk that the semiconductor industry's cyclical momentum may be peaking, with LRCX's expected move and options data hinting at a 2-3% one-day range.
Composite
72
/ 100
1M
+11.2%
3M
+20.3%
6M
+83.1%
1Y
+318.3%
Trend
FLAT
Sharpe
0.86
Fundamentals
Sector
Technology
Industry
Semiconductor Equipment & Materials
Market Cap
$334B
Fwd P/E
37.1
Trail P/E
54.6
Beta
1.79
Dividend
39.0%
Short Interest
2.5%
Analyst Target
$281
Margin
30%
Rev Growth
22%
EPS Growth
37%
ROE
66%
D/E
44%
From 52w High
-2.9%
From 52w Low
+293.1%
Consensus
Buy
Research Digest
Lam Research (LRCX) reported strong Q3 2026 earnings, with EPS of $1.47, beating the consensus estimate of $1.36, and revenue at the upper end of guidance. The stock has surged 300.9% in the last year, with a 43.5% YTD gain, and analysts at Stifel raised their price target to $300 from $280. The market may be mispricing the sustainability of the company's growth momentum.