LRCX — Lam Research Corp

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About Lam Research Corp

Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits in the United States, China, Korea, Taiwan, Japan, Southeast Asia, and Europe. The company offers ALTUS systems to deposit conformal or selective films for tungsten or molybdenum metallization applications; SABRE electrochemical deposition products for copper interconnect transition t… Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$294.05
Market Cap$358.31B
Float1.25B
Shares Outstanding1.25B
P/E (Forward)38.02
P/E (TTM)54.06
Price/Sales (TTM)16.53
vs. Analyst Target+5.6% to analyst PT
Profit Margin30.94%
Operating Margin (TTM)35.04%
Revenue (TTM)$21.68B
Earnings Growth (YoY)40.80%
Dividend Rate1.0%
Analyst Target Price$310.47 (33 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $10.04B $2.25B $4.61B $3.02B
2021 $14.63B $3.91B $6.81B $4.89B
2022 $17.23B $4.61B $7.87B $5.71B
2023 $17.43B $4.51B $7.78B $5.64B
2024 $14.91B $3.83B $7.05B $4.91B
2025 $18.44B $5.36B $8.98B $6.34B

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $5.17B $1.72B
Sep 2025 $5.32B $1.57B
Dec 2025 $5.34B $1.59B
Mar 2026 $5.84B $1.83B

Ownership & Float

Insider Ownership0.3%
Institutional Ownership89.1%
Short Float2.1%
% of All Funds Holding27.32%
Number of Funds Holding2,110

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$241.96Near-term / short-term trend
Weekly40-Week SMA$183.07Medium-term trend
Weekly80-Week SMA$131.64Cyclical trend (business cycle)
Weekly200-Week SMA$92.90Secular trend (multi-year)
Monthly10-Month SMA$195.16Near-term monthly trend
Monthly20-Month SMA$137.36Medium-term monthly trend
Monthly40-Month SMA$106.48Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$178.00 support 1.15x 3 months ago
$133.00 support 1.09x 6 months ago
$96.00 support 1.00x 7 months ago

Historical Earnings Reactions (123 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 0.80% 0.34% 53.66% 13.48% -10.31%
1 Day 1.24% 1.11% 56.10% 19.80% -19.78%
1 Week 2.16% 1.68% 56.91% 32.19% -21.22%
2 Weeks 2.40% 1.82% 55.74% 39.19% -24.78%
1 Month 2.91% 1.55% 54.10% 47.99% -39.77%

Next earnings: April 22, 2026

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan10.0%59.5%42
Feb3.0%59.5%42
Mar0.8%47.6%42
Apr4.7%59.5%42
May3.5%58.5%41
Jun-0.5%50.0%42
Jul1.6%54.8%42
Aug0.7%52.4%42
Sep-4.4%38.1%42
Oct5.1%59.5%42
Nov4.4%47.6%42
Dec2.4%47.6%42

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday 0.04% 47.3% 1999
Tuesday 0.08% 47.5% 2170
Wednesday 0.23% 49.3% 2167
Thursday 0.22% 49.4% 2127
Friday 0.05% 46.8% 2117

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 89.1%

Insider Transactions — Smart Summary

Total insider ownership: 0.3%

12-Month Insider Activity Summary

Total Filings14
Net Value-$58.5M
Net Shares Change-155,220
% of Float-0.0%
C-Suite Filings11
Clusters Detected0

Key Insiders

NameTitleNet ValueFilingsActivity
Bettinger Douglas R Chief Financial Officer and EVP -$18.0M 3 3 sell
BRANDT ERIC -$7.9M 1 1 sell
Fernandes Neil J Senior Vice President -$4.6M 1 N/A
Harter Ava Chief Legal Officer -$3.8M 5 1 buy, 4 sell

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-04-27 Harter Ava Chief Legal Officer -$1.1M Transaction at $167.85, now +75.2%
2026-03-03 Harter Ava Chief Legal Officer -$930,000 Transaction at $232.50, now +26.5%
2026-03-05 Bettinger Douglas R Chief Financial Officer and EVP -$6.1M Transaction at $144.92, now +102.9%
2026-03-03 Bettinger Douglas R Chief Financial Officer and EVP -$5.9M Transaction at $140.75, now +108.9%
2026-03-05 Harter Ava Chief Legal Officer -$333,990 Transaction at $222.66, now +32.1%
2026-02-09 BRANDT ERIC -$7.9M Transaction at $225.60, now +30.3%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Lam Research Corp (LRCX) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for LRCX on Trend Edge →