LRCX
Lam Research Corp Industrials Special Industry Machinery, NEC S&P 500Nasdaq-100Russell 3000
$239.11Close
$299.2BMarket cap
$139.10 – $433.3352-week range
Mid-januaryNext report · estimated
Highlights
Strengths
- Earnings growing EPS +77% year on year, faster than the quarter before (+43 pts)
Cautions
- Not in an uptrend 3 of 8 trend conditions
- Lagging the market RS 46 · weaker than 54% of stocks over 12 months
- Far from its high 45% below its 52-week high
Price
Filing Results Screen pick 52-week high and low Adjusted prices
Key figures
Off 12-month high
45%
1wk
up 3.9%
price change
1mo
down 27.2%
price change
12-month return
up 49%
market up 11% ·
its own up 38%
F-score
8 / 9
Exceptional
Altman Z
20.94
Low risk
P/E
41.2×
price / earnings
PEG
1.06
P/E / EPS growth
P/B
24.0×
price / book
Earnings yield
up 2.8%
EBIT / enterprise value
Cheaper than
27%
of the market · expensive
Revenue growth
up 26%
year on year
EPS growth
up 77%
latest quarter · +43 pts
Sales growth
up 54%
latest quarter · +24 pts
ROE
up 65%
return on equity
Free cash margin
up 21%
$4.9B FCF
D/E
0.30
long-term debt / equity
Net debt / EBITDA
-0.2×
net cash
Interest cover
52.6×EBIT / interest
Piotroski tests
- profits not fully backed by cash
- profitable on its assets
- generating cash from operations
- profitability improving
- reduced long-term debt
- short-term liquidity improved
- no new shares issued
- gross margin widened
- assets working harder
Repair signals
- Gross margin 48.7% → 50.5%
Trade setup
ATR%
6.1%
$14.53 a day · 2×ATR $210.04
RS
46 / 99
vs the universe
Trend
3 / 8
trend template
Relative volume
2.0×
vs 50-day average
Up/down volume
0.71
50 sessions
Implied move
—
no scheduled report
Trend template · 3 of 8
- Price above the 150 and 200-day averages: fails
- 150-day average above the 200-day: passes
- 200-day average rising for a month: passes
- 50-day average above the 150 and 200-day: fails
- Price above the 50-day average: fails
- At least 30% above the 52-week low: passes
- Within 25% of the 52-week high: fails
- RS rank 70 or higher: fails
Screen verdict
Did not qualify for any screen.
Warning signs
- No restatement or impairment
- Equity positive
- Interest covered
- No material dilution
- Profits tracking cash
- Margins and revenue not shrinking
Last reported
Oct 21, 2026
Last shock
Oct 22, 2026-12% in one session2.6× volumeon results+4% since
Options
$79.5M58.0% IV · activity
Financials
- Gross 50%
- Net 31%
- Free cash 21%
- Cash
- Long-term debt
| FY2021Jun 27, 2021 | FY2022Jun 26, 2022 | FY2023Jun 25, 2023 | FY2024Jun 30, 2024 | FY2025Jun 29, 2025 | FY2026Jun 28, 2026 | |
|---|---|---|---|---|---|---|
| Revenue | $14.6B | $17.2B | $17.4B | $14.9B | $18.4B | $23.2B |
| Gross margin | 47% | 46% | 45% | 47% | 49% | 50% |
| Operating income | $4.5B | $5.4B | $5.2B | $4.3B | $5.9B | $8.2B |
| Net income | $3.9B | $4.6B | $4.5B | $3.8B | $5.4B | $7.3B |
| Net margin | 27% | 27% | 26% | 26% | 29% | 31% |
| Earnings per share | $2.69 | $3.27 | $3.32 | $2.90 | $4.15 | $5.76 |
| Free cash flow | $3.2B | $2.6B | $4.7B | $4.3B | $5.4B | $4.9B |
| Free cash margin | 22% | 15% | 27% | 29% | 29% | 21% |
| Cash | $4.4B | $3.5B | $5.3B | $5.8B | $6.4B | $5.6B |
| Long-term debt | $5.0B | $5.0B | $5.0B | $4.5B | $3.7B | $3.7B |
| Shareholders' equity | $6.0B | $6.3B | $8.2B | $8.5B | $9.9B | $12.5B |
| Shares outstanding | 1.43bn | 1.37bn | 1.33bn | 1.30bn | 1.27bn | 1.25bn |
What options price now
- Expected 1-month range The at-the-money straddle for the expiry nearest a month out, as a share of the price: the move, either way, the option market is pricing by then. The range is the price plus and minus that move; the stock ends inside it a little more often than not. Methodology
- $210 – $271 ±12.7% by Nov 27, 2026
- Swings expected vs recent The daily swings the options are priced for (implied volatility) against the swings the stock actually had over the last 20 sessions (realised volatility). Bigger means options charge for more movement than the stock has been delivering; smaller, less. On a contract row, that contract's own implied volatility over the stock's realised. Methodology
- About the same 58.0% priced · 61.3% recent
- Next month vs later At-the-money implied volatility for 8-45 day expiries over 46-90 day ones: whether options price the coming month as choppier or calmer than the two after it. Ahead of a report it usually reads choppier, and the extra comes out once the report is out. Methodology
- Choppier
- Crash protection What options that pay off in a fall cost against options that pay off in a rise (the 25-delta skew), compared with this company's own normal - the median of its stored nightly readings, once there are 20 - and with five sessions ago. Protection costs a little more than upside on most shares. More than usual means readers of the chain are paying up to insure against a drop; it does not say which way the stock will go. Methodology
- past week: no change
Positioning
- Premium traded
- $79.5M calls $49.1M · puts $30.4M · latest session
- 0.62× -1.00 over the week
- Open interest added The change over five sessions in option positions left open overnight, calls and puts. A rise means positions were added. It cannot say whether they were bought or sold, so more calls is not a vote for a rise: a call is as often sold against shares already held. Methodology
- calls -43.33k · puts -18.74k past week
For options traders: ATM IV 58.0% (+2.0% 1w) · 1m ÷ 3m IV 1.05 · 25Δ skew 5.2 pts · Net GEX -$20.8M
Most traded contracts
No contract passed the liquidity filters this week.
Filings
| Filed | Report | Period to | Lag |
|---|---|---|---|
| Oct 22, 2026 | Quarterly ↗ | Sep 27, 2026 | 25d |
| Aug 7, 2026 | Annual ↗ | Jun 28, 2026 | 40d |
| Apr 23, 2026 | Quarterly ↗ | Mar 29, 2026 | 25d |
| Jan 29, 2026 | Quarterly ↗ | Dec 28, 2025 | 32d |
| Oct 24, 2025 | Quarterly ↗ | Sep 28, 2025 | 26d |
| Aug 11, 2025 | Annual ↗ | Jun 29, 2025 | 43d |
| Apr 25, 2025 | Quarterly ↗ | Mar 30, 2025 | 26d |
| Jan 31, 2025 | Quarterly ↗ | Dec 29, 2024 | 33d |
| Oct 28, 2024 | Quarterly ↗ | Sep 29, 2024 | 29d |
| Aug 29, 2024 | Annual ↗ | Jun 30, 2024 | 60d |
| Apr 29, 2024 | Quarterly ↗ | Mar 31, 2024 | 29d |
| Jan 29, 2024 | Quarterly ↗ | Dec 24, 2023 | 36d |
Current reports
| Filed | Disclosed |
|---|---|
| Oct 21, 2026 | Results ↗ |
| Aug 27, 2026 | Director or officer change ↗ |
| Jul 29, 2026 | Results ↗ |
| Apr 22, 2026 | Results ↗ |
| Feb 3, 2026 | Director or officer change ↗ |
| Jan 28, 2026 | Results ↗ |
| Nov 6, 2025 | Holder rights changed · Director or officer change · Charter or bylaws · Shareholder vote ↗ |
| Oct 22, 2025 | Results ↗ |
| Sep 11, 2025 | Auditor change ↗ |
| Jul 30, 2025 | Results ↗ |
| May 21, 2025 | Charter or bylaws ↗ |
| Apr 23, 2025 | Results ↗ |