LRCX LAM RESEARCH CORP

Company, products & financials →6 venues pooledTrades 24/7 on venuesEarnings Oct 21
302.45▼ 1.56% −4.80Pooled price · 5:39 PM ET · vs. previous daily close

What matters nowUpdated 6 h ago

  • Lam Research set its September-quarter call, its first fiscal 2027 quarter report, for Wednesday, October 21, 2026 at 2:00 p.m. Pacific, as announced on September 30 1.
  • The stock traded at a pooled 24/7 venue price of $297.06 on October 13, down 3.3% from the $307.25 previous close. Recent large moves were a 4.28% fall on October 12, a 5.90% fall on September 10, a 7.07% rise on September 18 and a 5.03% rise on September 21.
  • Fiscal 2026 (ended June 28) revenue was $23.23 billion, up 26.0%, with a 50.5% gross margin, a 35.3% operating margin and trailing EPS of $5.76, up 38.8%. The June quarter brought record revenue of $6.72 billion, up 15.1% on the March quarter 2.
  • Fundamentals as of June 28 put the market capitalisation at $371.7 billion, a P/E of 51.6 and an EV/EBITDA of 42.8. Over the last 180 days insiders sold 323,428 shares worth $106.0 million in 12 sales, 10 of them planned, and bought none.
  • September-quarter guidance is revenue of $8.10 billion plus or minus $400 million, non-GAAP EPS of $2.15 plus or minus $0.15 and a 52.0% non-GAAP gross margin 2. Polymarket odds put an 81.5% chance on no change in Fed rates after the October 2026 meeting and 17.5% on a 25 basis point increase.
1M ▲ 2.65%
270.16309.94349.72Sep 13Sep 21Sep 28Oct 6Oct 13
Previous close307.25
24h volume$2.3Mall venues
Open interest$1.9Mperps, all venues
Funding (8h)0.0011%1.2% annualised · longs pay
Venues6/6in pool / listed
Day range (UTC)
291.43309.20
52-week range
250.44438.70

Valuation & fundamentalsFull financials →

Market cap$378.45Bpooled price × shares
Enterprise value$376.59B+ net debt −$1.86B
P/E (TTM)52.5×EPS $5.76
EV / EBITDA43.6×EBITDA $8.64B
P / Sales16.3×EV/Sales 16.2×
P / Book30.3×equity $12.47B
FCF yield1.3%FCF $4.89B
Shareholder yield1.4%div 0.34% · buyback 1.0%
Revenue (TTM)$23.23B26.0% YoY
Last quarter revenue30.0%growth YoY
EPS growth (TTM)38.8%last Q 35.1%
Gross margin50.5%operating 35.3%
Net margin31.3%EBITDA 37.2%
ROE65.1%on average equity
Cash$5.58Bdebt $3.72B
Shares out1.25Bdiluted —

TTM through 2026-06-28 from SEC filings (some quarters derived from annual and year-to-date figures). Ratios use our pooled 24/7 price. Quarterly statements →

Every venue

VenuePricevs pool24h volOpen int.Funding 8h
binance perp
LRCXUSDT · just now
302.32−0.04%$1.5M$609.0K0.0000%
bybit perp
LRCXUSDT · just now
302.41−0.01%$513.2K$296.8K0.0000%
okx perp
LRCX-USDT-SWAP · just now
302.39−0.02%$194.3K$342.8K0.0000%
bitget perp
LRCXUSDT · just now
302.47+0.01%$161.3K$264.8K0.0000%
hyperliquid perp
para:LRCX · just now
301.91−0.18%$8.3K$322.9K0.0060%
hyperliquid perp
xyz:LRCX · just now
302.460.00%$3.1K$28.3K0.0050%

Pooled price = volume-weighted median of venues within 2% of each other. Venue markets for stocks, indices and gold are 24/7 perpetual contracts; they track but are not the official exchange price.

Open interest, 120 days

$0$1$2Jun 22Jul 20Aug 17Sep 14Oct 12

US$ millions, all venues

Funding, 120 days

-80.5-10.759.2Jun 21Jul 20Aug 17Sep 14Oct 12

Annualised %, OI-weighted. Positive: longs pay shorts.

NewsAll news →

Lam Research sets September-quarter earnings call for October 21, 2026

Lam Research announced on September 30, 2026 that it will hold its September-quarter financial conference call and webcast on Wednesday, October 21, 2026, at 2:00 p.m.

News

CEO Tim Archer sold 30,000 shares at $319.26 under a 10b5-1 plan

A Form 4 signed September 10, 2026 shows CEO Timothy Archer exercised 30,000 options with a $30.033 strike and sold 30,000 shares at $319.26 on September 9.

Insiders

Director Bethany Mayer sold 9,557 Lam shares at about $314.74 in open-market trades

A Form 4 shows director Bethany Mayer sold 9,557 shares on September 9, 2026 in open-market trades, at prices from $314.08 to $314.99 and a weighted average of $314.74.

Insiders

COO Sesha Varadarajan sold 59,750 shares at $291.32 after exercising options

A Form 4 signed September 3, 2026 shows Executive Vice President and COO Seshasayee Varadarajan exercised 39,750 options and sold 59,750 shares at $291.32 on September 2, 2026.

Insiders

Chief Legal Officer Ava Harter sold 5,000 Lam shares at $302.46 under a 10b5-1 plan

A Form 4 signed September 1, 2026 shows Chief Legal Officer Ava Harter sold 5,000 shares at $302.46 on August 31, 2026.

Insiders

Lam Research raises quarterly dividend 27% to $0.33 per share

On August 27, 2026 Lam Research announced a 27% increase in its quarterly dividend, from $0.26 to $0.33 per share.

Capital

Directors Michael Cannon and Sohail Ahmed to retire November 2; board shrinks to 10

Lam Research said on August 27, 2026 that directors Michael R.

Management

Lam Research breaks ground on 120,000 sq ft Tualatin, Oregon R&D lab for 2028 opening

Lam Research held a groundbreaking on August 26, 2026 for a 120,000 square foot R&D lab at its Tualatin, Oregon center.

Project

Lam Research plans more than $3B over five years to expand its global R&D lab network

Lam Research said on August 13, 2026 it plans to invest more than $3 billion over five years to expand its global research and development lab network.

Capital

Lam Research and NY Creates to train about 3,500 engineering students with SEMulator3D

Lam Research and NY Creates, the not-for-profit that runs the Albany NanoTech Complex, agreed to give about 3,500 students process-integration training over five years.

Deal

CEO Tim Archer sold another 30,000 shares under a 10b5-1 plan on August 6

A Form 4 signed August 7, 2026 shows CEO Timothy Archer exercised 30,000 options with a $30.033 strike and sold 30,000 shares at $300.00 on August 6.

Insiders

Lam Research posts record June-quarter revenue of $6.72B and guides September quarter to $8.10B

Lam Research reported results for the quarter ended June 28, 2026, with revenue of $6.72 billion, up 15.1% from $5.84 billion in the March quarter.

Earnings

Board chair Abhijit Talwalkar sold 18,282 Lam shares at $335 under a 10b5-1 plan

A Form 4 shows Independent Chair Abhijit Talwalkar sold 18,282 shares of common stock on July 13, 2026 at $335 per share.

Insiders

Lam Research schedules June-quarter earnings call for July 29, 2026

Lam Research announced on July 8, 2026 that it would hold its June-quarter financial conference call and webcast on Wednesday, July 29, 2026, at 2:00 p.m.

News

CEO Tim Archer exercised and sold 30,000 Lam shares under a 10b5-1 plan

A Form 4 filed for the July 2, 2026 trades shows CEO Timothy Archer exercised 30,000 options with a $30.033 strike and sold the same 30,000 shares.

Insiders