Yahoo · Sep 15, 2026
Lam Research (LRCX) Sees a More Significant Dip Than Broader Market: Some Facts to Know
In the closing of the recent trading day, Lam Research (LRCX) stood at $270.7, denoting a -1.02% move from the preceding trading day.
NASDAQ · LRCX
Lam Research Corporation
Technology · Semiconductors
$270.87
Down-$2.62 (-0.96%)
Updated Sep 16, 2026, 11:00 AM
SID Score
6.7/10
Composite research score
Smart Money
35/100
Bearish
- Market cap
- 211.92B
- P/E ratio
- 36.72
- Dividend yield
- 0.36%
- 52-week range
- $153.60 – $438.50
- Volume
- 8.94M
- Avg. volume
- 11.54M
Price performance
LRCX price history
1M range · 20 trading sessions · Daily adjusted prices
LRCX closed at $270.87 after 20 trading sessions, down 17.40% for the selected period.
- Last close
- $270.87
- Period change
- -17.40%
- Period low
- $270.87
- Period high
- $327.92
Daily close
View OHLC price history
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Sep 15, 2026 | $278.605 | $278.605 | $265.37 | $270.87 | 8.94M |
| Sep 14, 2026 | $274.995 | $280.20 | $273.24 | $273.49 | 13.68M |
| Sep 11, 2026 | $303.45 | $303.69 | $294.54 | $298.22 | 9.37M |
| Sep 10, 2026 | $302.145 | $307.03 | $297.01 | $298.01 | 10.6M |
| Sep 9, 2026 | $319.26 | $322.21 | $312.76 | $315.84 | 5.58M |
| Sep 8, 2026 | $314.49 | $321.77 | $312.03 | $320.42 | 8.94M |
| Sep 4, 2026 | $303.465 | $310.30 | $297.38 | $307.65 | 8.36M |
| Sep 3, 2026 | $283.73 | $292.78 | $278.04 | $292.66 | 7.21M |
| Sep 2, 2026 | $291.50 | $292.1895 | $284.40 | $288.32 | 4.84M |
| Sep 1, 2026 | $294.555 | $296.34 | $286.59 | $290.20 | 8.25M |
| Aug 31, 2026 | $303.19 | $303.40 | $298.77 | $301.49 | 6.95M |
| Aug 28, 2026 | $318.03 | $318.29 | $301.0501 | $301.90 | 8.06M |
| Aug 27, 2026 | $318.88 | $321.41 | $310.4402 | $318.58 | 6.56M |
| Aug 26, 2026 | $314.61 | $315.72 | $308.05 | $312.88 | 4.11M |
| Aug 25, 2026 | $316.20 | $318.61 | $307.86 | $314.66 | 5.02M |
| Aug 24, 2026 | $307.94 | $311.44 | $297.78 | $310.17 | 8.61M |
| Aug 21, 2026 | $317.86 | $319.10 | $303.85 | $314.00 | 5.95M |
| Aug 20, 2026 | $305.225 | $312.54 | $302.95 | $310.53 | 6.8M |
| Aug 19, 2026 | $328.52 | $328.57 | $305.0801 | $307.17 | 10.86M |
| Aug 18, 2026 | $324.18 | $329.0734 | $317.411 | $327.92 | 10.21M |
Latest LRCX news
The latest Smart Investors Daily articles mentioning LRCX.
Stock researchCompany · Overview
LRCX research
Overview
Company profile and research snapshot.
Company profile
Lam Research is one of the largest semiconductor wafer fabrication equipment manufacturers in the world. It specializes in deposition and etch, which entail the buildup of layers on a semiconductor and the subsequent selective removal of patterns from each layer. Lam holds the top market share in etch and holds the clear second share in deposition. It is more exposed to memory chipmakers for DRAM and NAND chips. It counts as top customers the largest chipmakers in the world, including TSMC, Samsung, Intel, and Micron.
Visit company websiteAnalyst outlook
Consensus and target data currently published for this company.
- Consensus
- Buy
- Average target
- $159.17
- Implied upside
- —
- Analysts
- 24
| Date | Firm | Rating | Target |
|---|---|---|---|
| Sep 1, 2026 | UBS | Buy | — |
| Aug 25, 2026 | Mizuho | Outperform | — |
| Jul 30, 2026 | Needham | Buy | — |
| Jul 30, 2026 | Jefferies | Buy | — |
| Jul 30, 2026 | B. Riley Securities | Buy | — |
News briefing
Generated Sep 15, 2026, 9:19 PM
Why Is LRCX Down Today?
Lam Research shares declined 0.96% today as the semiconductor equipment sector navigates mixed momentum and broader market dynamics. While the company itself had no major news catalysts in today's headlines, the decline reflects sector-wide uncertainty amid shifting AI investment narratives and competitive pressures from peers like KLA.
Bottom line: Lam Research's modest 0.96% decline appears driven by relative underperformance versus competitor KLA and normal market volatility rather than company-specific negative news. Investors should view this weakness as a potential entry point, given the company's structural tailwinds from AI-driven chip demand and the secular growth trajectory in semiconductor manufacturing, while remaining vigilant about cyclical capex risks.
Yahoo · Sep 15, 2026
Chipmaker Pulls Back to Key Supportive Trendline
LRCX has pulled back to historical support on the charts
Yahoo · Sep 15, 2026
KLA Stock Jumps 40% Year to Date: 4 Reasons You Should Still Buy It
KLAC's AI-driven process-control demand, advanced-packaging growth, robust backlog and strong capital returns support further upside despite margin pressure.
SeekingAlpha · Sep 15, 2026
Harbor PanAgora Dynamic Large Cap Core ETF Q2 2026 Portfolio Review
During the second quarter, the Harbor Dynamic Large Cap Core ETF returned 15.76% (NAV), outperforming its benchmark, the S&P 500 Index, which returned 15.20%. Read more here.
AI research layers
Interpretive context generated from the platform’s current data sources.
Lam Research Corporation Stock Performance
Lam Research Corporation shares closed at $270.87, reflecting a decline of approximately 0.98% in the most recent session, per SID market data. The stock has experienced notable short-term weakness, falling 18.85% over the past month and 25.44% over the trailing three-month period. Despite this pullback, LRCX has delivered a 62.54% gain over the past twelve months, underscoring the broader semiconductor equipment sector's longer-term strength. Technically, the stock trades well below its 50-day moving average of $312.68 and just under its 200-day moving average of $273.85, according to Massive/Polygon data. The 14-day relative strength index sits at 34.9, approaching oversold territory below the conventional 30 threshold. LRCX carries a beta of 1.781, indicating significantly higher volatility than the broader market. Average daily trading volume stands at approximately 11.5 million shares, reflecting robust institutional liquidity in this large-cap semiconductor name.
Lam Research Corporation Valuation Analysis
Lam Research currently trades at a price-to-earnings ratio of 36.72, reflecting a premium valuation relative to the broader technology sector, per SID market data. The company's PEG ratio stands at 4.04, suggesting that the stock's earnings growth rate may not fully justify its elevated P/E multiple at current levels. According to SEC filings, the price-to-book ratio registers at 20.93, a figure consistent with capital-light semiconductor equipment business models that generate high returns on equity. The company maintains a modest dividend yield of approximately 0.58%, providing limited income support for shareholders. With a market capitalization of approximately $211.9 billion, Lam Research ranks among the largest pure-play wafer fabrication equipment providers globally. These valuation metrics reflect the market's forward-looking expectations for continued semiconductor capital expenditure growth, though the premium multiples leave limited margin for disappointment in future earnings delivery.
Smart Money Activity for LRCX
Lam Research registers a composite smart money score of 35 out of 100, generating a bearish signal according to SID market data. The institutional component scores a perfect 25 out of 25, indicating strong fund-level ownership and engagement, while the dark pool activity score sits at a moderate 8.5 out of 25, suggesting below-average off-exchange accumulation. Congressional trading activity scores just 0.8 out of 25, reflecting minimal recent legislative member transactions in the stock. Insider activity presents a cautious picture, scoring 1.1 out of 25. According to SEC Form 4 filings, there have been six insider transactions over the past 90 days, comprising two purchases and four sales. The two-to-one sell-to-buy ratio among corporate insiders aligns with the overall bearish smart money reading. Per 13F institutional filings, large fund managers maintain substantial positions, but the divergence between strong institutional ownership and weak insider confidence creates a mixed signal for investors monitoring informed capital flows in LRCX shares.
Lam Research Corporation Earnings Outlook
Lam Research has delivered three consecutive quarters of earnings beats, demonstrating consistent operational execution, according to company earnings reports. In the most recent reported quarter, the company posted earnings per share of $1.82 against an analyst estimate of $1.68, representing a positive surprise of $0.14. The prior quarter showed EPS of $1.47 versus estimates of $1.36, a $0.11 beat, while the quarter before that produced EPS of $1.27 compared to the $1.17 consensus, exceeding expectations by $0.10. This pattern of sequential earnings acceleration from $1.17 estimated to $1.82 actual reflects the expanding demand environment for semiconductor fabrication equipment. The upcoming quarter carries an analyst consensus estimate of $1.19, per analyst estimates. The consistent beat pattern averaging approximately $0.12 per quarter suggests potential for continued outperformance, though the magnitude of future beats remains dependent on wafer fabrication equipment spending cycles and customer investment timing.
Wall Street Analyst Ratings for LRCX
Wall Street consensus remains firmly bullish on Lam Research, with all five most recent analyst actions reiterating positive ratings, according to Wall Street analyst reports. On September 1, 2026, UBS maintained its Buy rating, following Mizuho's August 25 reiteration of an Outperform recommendation. Three additional firms issued concurrent Buy reiterations on July 30: Needham, Jefferies, and B. Riley Securities, per SID consensus data. Notably, none of the recent analyst actions involved upgrades or downgrades, as each firm maintained its prior positive stance. The unanimous bullish positioning across five independent research teams suggests broad institutional confidence in Lam Research's fundamental trajectory despite the stock's 25.44% three-month price decline. The absence of any downgrade or Hold ratings among recent coverage updates indicates that analysts view the current pullback as disconnected from deteriorating fundamentals. This consensus alignment contrasts with the bearish smart money score of 35, creating a divergence between sell-side sentiment and composite institutional flow indicators.
