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Model output · Signal date 2026-10-16
Lam Research Corp (LRCX) Stock Forecast Oct. 16, 2026
Analysis updated on Oct. 16, 2026 (UTC) · Total · absolute moveSwitch to Alpha · Nasdaq
Rating · 90D
▲ Bullish
Exact rating locked
90-day forecast
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30-day forecast
Total
Rank in coverage
Top 35%
of 5172 stocks scored
Rank correlation · 90D
14.0%
Spearman, 357 dates
Market Cap
$330.27B
mega-cap · #2 of 13 peers
Summary
Lam Research Corp (LRCX) stock forecast summary
Our AI ranks Lam Research Corp outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
Lam Research Corp is a mega-cap company with a market capitalization of $330.27B. It ranks number 2 by market capitalization among the 13 Special Industry Machinery, NEC issuers in our coverage with a current forecast. Its ROE of 63.9% is the highest of the 12 peers that report one.
For LRCX, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 14.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is -19.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected absolute price move over the horizon, market included. This is the number a price target is built from. Ratings: strong buy ≥ +5.1%, buy ≥ +3.4%, sell < +1.8%, strong sell < +0.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)
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LRCX price chart and AI forecast
Cross-section · 2026-10-16
How LRCX ranks among 5172 stocks
90D Total forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Fundamentals · 2026-06-28
Lam Research Corp (LRCX) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Special Industry Machinery, NEC peers listed below that report each metric.
Valuation & Market
| Metric | LRCX | Rank |
|---|---|---|
| Market Cap | $330.27B | 2/13 |
| P/E Ratio | 45.82x | 5/10 |
| P/B Ratio | 26.48x | 2/13 |
| Dividend Yield | 0.38% | – |
| EPS | $5.76 | – |
| Book Value/Share | $9.97 | – |
| Revenue/Share | $18.57 | – |
| FCF/Share | $3.91 | – |
Profitability & Margins
| Metric | LRCX | Rank |
|---|---|---|
| ROE | 63.9% | 1/12 |
| ROA | 33.9% | 1/13 |
| Gross Margin | 19.1% | 11/14 |
| Operating Margin | 33.3% | 1/14 |
| Net Margin | 32.4% | 2/13 |
| EBT Margin | 33.5% | 1/14 |
| Tax Rate | 12.1% | – |
Financial Health
| Metric | LRCX | Rank |
|---|---|---|
| D/E Ratio | 0.89x | 3/13 |
| Financial Leverage | 1.89x | 3/13 |
| Interest Coverage | 16.1x | 7/14 |
Cash Flow
| Metric | LRCX | Rank |
|---|---|---|
| Operating Cash Flow | $5.86B | 2/14 |
| Free Cash Flow | $4.89B | 1/10 |
| Capital Spending | -$966M | 10/10 |
| OCF Growth YoY | -5.1% | 6/11 |
| FCF Growth YoY | -11.9% | 4/6 |
| FCF/Sales | 21.1% | 3/10 |
| CapEx/Sales | 4.2% | 3/10 |
Operational Efficiency
| Metric | LRCX | Rank |
|---|---|---|
| Asset Turnover | 0.99x | 3/11 |
Income Statement
| Metric | LRCX | Rank |
|---|---|---|
| Total Revenue | $23.23B | 1/11 |
| Operating Income | $8.20B | 2/14 |
| Net Income | $7.97B | 2/13 |
| R&D Expense | $2.38B | 2/11 |
| SG&A Expense | $1.15B | 2/14 |
| Cost of Goods Sold | $18.80B | 1/14 |
Dividend & Shareholder Information
| Metric | LRCX | Rank |
|---|---|---|
| Dividends Per Share | $1.02 | – |
| Payout Ratio | 17.7% | – |
| Shares Outstanding | 1251M | – |
| Net Income Growth | 37.2% | 1/7 |
| EPS Growth | 38.8% | 2/9 |
Balance Sheet Highlights (USD millions)
| Total Liabilities | $11.06B | 47.0% of assets |
Quarterly Financial Reports
LRCX quarterly financials and insider trading
Industry Peers · Special Industry Machinery, NEC
Lam Research Corp (LRCX) industry peers
Companies classified under the same SEC industry code as Lam Research Corp (Special Industry Machinery, NEC): 14 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Total) | Market Cap |
|---|---|---|
| LRCX Lam Research Corp | ▲ | $330.27B |
| ASML Asml Holding Nv | ▲ | $632.67B |
| ACMR Acm Research, Inc. | ▲ | $3.70B |
| ACLS Axcelis Technologies Inc | ▲ | $3.35B |
| VECO Veeco Instruments Inc | ▲ | $2.61B |
| AZTA Azenta, Inc. | ▲ | $1.49B |
| CRCT Cricut, Inc. | ▼ | $1.35B |
| ERII Energy Recovery, Inc. | ▶ | $339M |
| ASYS Amtech Systems Inc | ▲ | $224M |
| SOTK Sono Tek Corp | ▲ | $97M |
| TRT Trio-Tech International | ▲ | $51M |
| CVV Cvd Equipment Corp | ▲ | $27M |
| GLGI Greystone Logistics, Inc. | ▶ | $7M |
| OCLN Originclear, Inc. | ▼ | N/A |
Where LRCX sits on the market map
Technology · Special Industry Machinery, NEC
News
Lam Research Corp (LRCX) stock news
Lam Research could swing $28.6 billion after earnings
Earnings season keeps the tape busy from next week and the options market is already laying down markers on how violent the ...
Lam Research Corp BDR (L1RC34)
On Wednesday, Citi reiterated its Buy rating on Lam Research (NASDAQ:LRCX) shares, maintaining a price target of $87.00. This ...
FAQ
Lam Research Corp (LRCX) stock forecast FAQ
What is the Lam Research Corp (LRCX) stock forecast?
Our AI ranks Lam Research Corp outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
How accurate are Lam Research Corp stock predictions?
For LRCX, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 14.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is -19.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Lam Research Corp forecasts updated?
Lam Research Corp forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.
Which companies are Lam Research Corp's industry peers?
14 issuers in our coverage, LRCX included, share the SEC industry code Special Industry Machinery, NEC. The largest are: Asml Holding Nv (ASML), Acm Research, Inc. (ACMR), Axcelis Technologies Inc (ACLS), Veeco Instruments Inc (VECO), Azenta, Inc. (AZTA), Cricut, Inc. (CRCT).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.