lrcx stock: Lam Research Corporation

LRCX (Lam Research Corporation) — stock

lrcx stock is the Nasdaq ticker for Lam Research Corporation, a publicly traded semiconductor equipment company specializing in wafer fabrication tools. This article covers LRCX stock’s listing and identifiers, market performance and historical price context, core financial and operational metrics, business lines and customers, analyst coverage and market sentiment, trading instruments (including options), regulatory filings, material risks, and practical resources investors and researchers use to follow the name. The information below cites company investor relations, SEC filings and market-data providers such as Morningstar, Nasdaq, Yahoo Finance, Robinhood and Google Finance; market context is provided with dated news reports for timeliness.

Company overview

Lam Research Corporation is a US-based manufacturer of semiconductor wafer fabrication equipment. The company designs and supplies tools for processes such as etch and deposition used in the front-end manufacturing of logic and memory chips. Founded in 1980 and headquartered in Fremont, California, Lam serves global customers that include leading foundries, memory manufacturers and integrated device manufacturers across Asia, North America and Europe.

Lam’s product and services portfolio addresses multiple steps in chip fabrication and integrates software, services and spares to support factory uptime. The company typically reports revenue by geographic region and product family in its annual and quarterly reports.

Stock identification and market listing

Ticker and exchanges

• Primary ticker: LRCX.
• Primary exchange: Nasdaq Global Select Market (commonly referred to as NASDAQ/NMS).
• No widely traded ADR alternative exists because Lam is a US-headquartered, US-listed company.

Identifiers

• Common identifiers used to find authoritative records include the company CUSIP and ISIN. These identifiers change only under corporate actions; for the most current CUSIP/ISIN, consult the company investor relations materials or an exchange/market-data provider.
• Note: Market-data portals and broker platforms may show slightly delayed quotes depending on subscription or feed; always check the timestamp on the quote.

Trading hours and market microstructure

• Regular US equity market hours: 09:30–16:00 ET on Nasdaq trading days.
• Pre-market and after-hours trading are available for LRCX on most major market data platforms and brokerages; these sessions typically begin at 04:00 ET and run until 20:00 ET in aggregate across pre- and post-market windows, though liquidity is lower outside regular hours.
• Lam Research shares are generally liquid for a large-cap semiconductor-equipment company, with institutional participation and an active options market (see Options section). Liquidity can vary around earnings releases, macro events, and industry-cycle inflection points.

Historical price and performance

As of Jan 16, 2026, according to Benzinga and other market-data snapshots, LRCX stock traded around the low-to-mid $220s per share (for example, Benzinga reported a close near $225.79 on the cited date). The stock participated in the early-2026 AI-driven rally for semiconductor capital equipment names: reports noted LRCX stock was up more than 25% in the recent weeks leading into mid-January 2026, reflecting strength across memory, storage, and semicap suppliers.

• 52-week high / low: These values change continuously; consult the company’s historical prices page or major data providers (Nasdaq, Yahoo Finance, Morningstar) for the official 52-week high and low as of any given date.
• Notable multi-year events: Lam Research’s stock has been sensitive to industry cyclicality (semiconductor capital expenditure cycles), major product ramps at foundries and memory customers, and macro/geo-political developments affecting supply chains.
• Accessing historical prices: Lam’s investor relations site and exchanges (Nasdaq) publish official historical closing prices. Financial portals (Yahoo Finance, Google Finance, Morningstar, Robinhood) provide downloadable historical series for daily, weekly and monthly intervals.

Key financial metrics and valuation

Investors commonly evaluate LRCX stock using standard market and valuation metrics. Core metrics and where to find them:

• Market capitalization: reported by data providers as current share price multiplied by shares outstanding; check Nasdaq, Morningstar, or Yahoo Finance for the latest figure. (Market cap fluctuates with share price.)
• Price-to-earnings (P/E) ratio: commonly shown on financial portals using trailing twelve months (TTM) EPS or forward EPS estimates. Providers may show both trailing and forward P/E.
• Price-to-sales (P/S) ratio: useful for capital equipment firms with cyclical sales patterns.
• Dividend yield: Lam historically prioritized share repurchases over large dividend yield; any cash dividend and yield figure is shown on exchange data pages and in company disclosure.
• Enterprise value (EV) and EBITDA multiples: used by analysts for capital-intensive firms and M&A comparisons.

Analysts and data providers publish fair-value estimates, target prices and model-driven valuations. For example, as of mid-January 2026 Deutsche Bank reportedly increased its Lam Research price target from $195 to $260 (reported by Benzinga on Jan 16, 2026). Aggregated consensus metrics and target ranges can be found on Morningstar, Yahoo Finance and brokerage research pages. Remember that valuation metrics are based on different accounting windows and assumptions; always check data definitions (TTM vs. forward).

Dividends and shareholder returns

Lam Research historically returns capital to shareholders primarily through share repurchases and has occasionally paid cash dividends. Investors track two key measures for shareholder returns:

• Dividend yield and history: check the company’s dividend history on investor relations pages and data portals. Any announced dividend and upcoming record/payment dates are disclosed in press releases and SEC filings.
• Total shareholder return (TSR): combines price appreciation plus reinvested dividends over an interval; data providers and fund analytics platforms compute TSR over 1‑yr, 3‑yr, 5‑yr and longer horizons.

Lam has run significant share-repurchase programs in past periods; corporate disclosures (announcements and 10‑Q/10‑K filings) detail authorized buybacks and remaining repurchase capacity. Share-repurchase activity can materially affect shares outstanding and per-share metrics.

Earnings and financial reporting

• Earnings cadence: Lam Research reports results quarterly and files an annual Form 10‑K. Quarterly earnings releases and associated earnings calls are the primary updates for revenue, GAAP and non-GAAP EPS, order trends, and management guidance.
• Typical items reported: revenue (by product family and geography), gross margin, operating margin, GAAP and non-GAAP EPS, backlog and book-to-bill commentary, free cash flow, capital expenditures, and forward guidance for the next quarter and fiscal year.
• Seasonality and cyclicality: semicap equipment companies commonly experience cyclical demand tied to capital expenditure plans at foundries and memory manufacturers; Lam’s results can show seasonal patterns and multi-quarter variability.
• Where to find filings and releases: official earnings releases and presentations are posted on Lam Research’s investor relations website and filed with the U.S. Securities and Exchange Commission (Form 8‑K, 10‑Q, 10‑K). For authoritative text and exhibits, use the company’s IR site and SEC EDGAR filings.

Business segments, products and technology

Lam Research’s core product groups address critical steps in semiconductor fabrication:

• Etch systems: tools used to selectively remove material from the wafer to form device structures. Etch is essential for defining patterns at advanced nodes.
• Deposition systems: equipment that deposits thin films (for example, chemical vapor deposition, atomic layer deposition) needed in gate stacks, interconnects, and dielectric layers.
• Other wafer fabrication equipment and services: including cleaning, dielectric and other process tools, and supporting services like maintenance and spare parts.

These products are used in front-end wafer fabrication and are integral to leading-edge logic and memory manufacturing. Lam emphasizes tool performance, yield impact and throughput — metrics that matter to fabs investing in advanced nodes and AI-centric compute capacity.

Customers, end markets and market position

Lam serves major fab operators including foundries, memory manufacturers and integrated device manufacturers (IDMs). Key customer types:

• Foundries: companies that fabricate chips for fabless designers.
• Memory makers: DRAM and NAND manufacturers whose capacity spending often drives demand for deposition and etch tools.
• Integrated device manufacturers and specialized logic manufacturers.

Geographic exposure typically tilts toward Asia (major manufacturing footprint in Taiwan, South Korea, Japan and China) plus North America and Europe for design and applied R&D. Industry sources and investor presentations discuss market share; Lam is regarded as one of the leaders in etch and deposition segments alongside a small set of global competitors.

Competition and comparable companies

Primary global competitors in semiconductor equipment and process control include Applied Materials, KLA, Tokyo Electron, and (for certain product segments) ASML and other specialized suppliers. Investors compare companies on metrics such as revenue growth, gross margins, operating margins, capital intensity, and returns on invested capital. Typical comparables analyses use P/E, EV/EBITDA, and forward revenue multiples to compare semicap firms.

Ownership and institutional holdings

Large-cap semiconductor-equipment companies like Lam typically have significant institutional ownership: mutual funds, pension funds, hedge funds, and index funds. Investor relations and public filings summarize insider holdings; institutional ownership is reported in SEC Form 13F filings and aggregated on market-data portals. For current large shareholders and recent ownership changes, check Morningstar, Nasdaq institutional ownership pages, or the company’s proxy statement (DEF 14A) for named insiders and directors.

Analyst coverage and market sentiment

Sell-side analysts and independent research houses publish ratings (Buy/Overweight, Hold/Neutral, Sell/Underweight) and price targets. Aggregated ratings and consensus targets are provided by Morningstar, Yahoo Finance, and brokerage research feeds. As noted in market reports dated Jan 16, 2026, analysts including those at Deutsche Bank reiterated positive views on Lam and raised price targets amid expectations for sustained AI-related infrastructure spending; Deutsche Bank raised Lam’s target to $260 (reported by Benzinga on Jan 16, 2026). Analyst commentary influences market sentiment, but ratings and targets reflect differing models and assumptions.

Options, derivatives and institutional trading activity

• Options market: LRCX has an active options market used for hedging, income generation and directional speculation. Standard options metrics to monitor include open interest, implied volatility, volume and the options Greeks (delta, gamma, vega, theta).
• Institutional trading: large institutional flow, block trades and ETF rebalancing can affect intraday liquidity and price discovery. Short interest is another indicator some investors watch — it’s reported biweekly by exchanges and aggregated on data portals.

Corporate actions and capital allocation

Lam’s capital allocation typically includes operating investments (R&D and capital expenditures), share repurchases and, occasionally, dividends. Historical corporate actions may include stock splits, buyback authorizations and occasional special returns of capital. All material actions are disclosed via press release and Form 8‑K filings; the company’s proxy statements and Form 10‑K/10‑Q include details on repurchase authority and dividend policy.

Risk factors and controversies

Principal investment risks commonly disclosed by Lam include:

• Cyclical semiconductor demand: industry capital expenditures (WFE) are cyclical and can compress orders and revenue in downturns.
• Customer concentration: a small number of large fab customers can represent a substantial share of revenue in any given period.
• Geopolitical and regulatory exposure: export controls, trade tensions, and regional policy decisions can affect supply chains and customer spending.
• Supply chain constraints: shortages of critical components or capacity bottlenecks can delay tool shipments.
• Technological change: competitive pressures and transitions to new nodes or packaging can shift demand among suppliers.

All risks and forward-looking cautions are enumerated in the company’s Form 10‑K and subsequent 10‑Q filings; consult those filings for the authoritative risk disclosure language.

Regulatory filings and public disclosures

Authoritative sources for Lam’s financial statements and material disclosures are:

• SEC filings (Form 10‑K for annual results, Form 10‑Q for quarterly updates, and Form 8‑K for material events).
• Investor relations materials: earnings releases, investor presentations, webcasts and historic price tables.

Use the company IR page and the SEC EDGAR repository to obtain definitive documents and exhibits.

How to research and track the stock

Practical resources and steps to follow LRCX stock:

• Company investor relations and SEC filings: for filings, presentations, historical results and guidance text.
• Exchanges and official quote sources (Nasdaq): for official trade and quote timestamps.
• Market-data platforms (Morningstar, Yahoo Finance, Google Finance, Robinhood): for aggregated quote data, analyst consensus, historical prices, and basic financial ratios.
• News feeds and brokerage research: for analyst notes, price-target changes and industry commentary (example: Deutsche Bank’s Jan 16, 2026 price-target change reported by Benzinga).
• Options and derivatives data providers: to monitor open interest and implied volatility.

When trading, investors may use regulated brokerages and trading venues; for traders who prefer a single integrated platform, consider Bitget for spot and derivative execution and Bitget Wallet for custody-related needs (platform preference noted for readers seeking Bitget-specific capabilities). Always confirm the platform’s regulatory status and trading hours for US-listed equities before placing orders.

See also

• Semiconductor equipment industry overview
• Major Lam Research competitors and peers
• Fundamentals of stock valuation (P/E, EV/EBITDA, DCF)
• Options basics and derivatives metrics

References

• Lam Research investor relations and SEC filings (10‑K, 10‑Q, 8‑K) — primary regulatory sources.
• Morningstar — market-data and analyst summary pages.
• Nasdaq — official exchange quotes and historical prices.
• Yahoo Finance and Google Finance — aggregated quotes, analyst consensus, and historical pricing.
• Robinhood — retail-oriented market-data snapshot.
• Benzinga and Investopedia market reports — noted for market commentary and analyst activity: As of Jan 16, 2026, Benzinga and Investopedia reported mid-January AI-led strength across semicap names, including Lam Research; Deutsche Bank raised its price target for Lam to $260 as reported on Jan 16, 2026.

(Reporting date context: As of Jan 16, 2026, according to Benzinga and aggregated market reports, LRCX was trading in the low-to-mid $220s and had participated in an AI-led semicap rally where the stock gained over 25% in recent weeks.)

External links

Authoritative pages to consult (search these names on your preferred financial portal or company site):

• Lam Research — Investor relations and SEC filings
• Nasdaq — LRCX quote and historical trades
• Yahoo Finance — LRCX summary page and analyst estimates
• Morningstar — LRCX financials and valuation metrics
• Google Finance — real-time quote snapshot

Further exploration: Track LRCX stock via the company IR page and exchange data for authoritative filings and price history. For an integrated trading and custody experience, explore Bitget and Bitget Wallet for tools that support equity and derivatives access alongside portfolio tracking.

Note: All information above is factual and sourced from company filings and market-data providers; it does not constitute investment advice. Check timestamps on data pages and company filings for the most recent updates.