Also trades as LAR0.DE, L1RC34.SA.
LRCX
BuyPremium GrowerAI pickLam Research Corporation · Technology · United States · $384.5B cap · $2.7B/day traded
$309.56 -2.9% · close 12 Oct · scored 14 Oct
StockRank down 1.4 since 13 Oct.
Premium Grower: Strong business with the market behind it, priced at a premium.
Read our full research report on LRCX (Apr 2026), freeAs of 14 Oct 2026, MoatMap's StockRank for Lam Research Corporation (LRCX) is 76/100, ranked against 24,000+ stocks in 35 markets (Quality 86, Value 20, Momentum 66, each scored against its sector).
Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →
Lam Research is one of a handful of companies that make the etch and deposition equipment every advanced chip factory needs, a concentrated market with high switching costs and deep customer engineering ties. AI demand is pushing memory makers toward high-bandwidth memory and denser 3D NAND, which use more of exactly the etch and deposition steps Lam leads in, while its installed-base services business adds recurring revenue. The company earns very high returns on capital, generates strong free cash flow and returns it through an active buyback, and insider selling has been negligible. The shares are not cheap, so returns depend on the memory and logic spending cycle staying strong.
ABOUT LAM RESEARCH CORPORATION
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Lam Research Corporation (LRCX) is a global supplier of wafer fabrication equipment and services to the semiconductor industry, specializing in etch, deposition, and clean technologies. Its significant competitive moat stems from its highly specialized and proprietary process technology, which is critical for manufacturing advanced semiconductor devices. The company is a market leader in multiple segments of semiconductor equipment, essential for next-generation chip production.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2027E | 2028E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 17.2B | 17.4B | 14.9B | 18.4B | 2.3% | 23.2B | 27.6B | 32.8B | 21.1% |
| EPS | 3.29 | 3.33 | 2.91 | 4.17 | 8.2% | 5.73 | 6.79 | — | 27.6% |
| Shares | 1.4B | 1.3B | 1.3B | 1.3B | -7.4% | 1.3B | — | — | — |
| Debt | 5.0B | 5.0B | 5.0B | 4.5B | -3.6% | 4.1B | — | — | — |
| Equity | 6.3B | 8.2B | 8.5B | 9.9B | 16.2% | — | — | — | — |
| Op CF | 3.1B | 5.2B | 4.7B | 6.2B | 25.8% | 5.9B | — | — | — |
| Inv CF | 612.3M | -534.6M | -370.6M | -708.1M | — | — | — | — | — |
| Fin CF | -4.6B | -2.8B | -4.0B | -4.9B | — | — | — | — | — |
No clear trend: not near its 52-week low, and not in a steady uptrend.
Swung more than 79% of stocks we rank over the past year (65% a year).
How this is worked out
StockRank judges the business. The price check reads only the chart: it is the price side of the Momentum score, in words.
The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn like this one cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of LRCX are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| LRCX | Lam Research Corporation(you) | $384.5B | 76 | Buy |
| AP2.DE | Applied Materials, Inc. | $405.0B | 72 | Buy |
| ASML34.SA | ASML Holding N.V. | $669.5B | 76 | Buy |
| 6857.T | Advantest Corporation | $152.0B | 78 | Buy |
| KLAC | KLA Corporation | $245.2B | 64 | Hold |
| 8035.T | Tokyo Electron Limited | $156.4B | 66 | Buy |
| TEY.DE | Teradyne, Inc. | $63.1B | 82 | Strong Buy |
| ASM.AS | ASM International NV | $47.3B | 78 | Buy |
| 7769.TW | Hon. Precision, Inc. | $32.1B | 75 | Buy |
| 6920.T | Lasertec Corporation | $22.9B | 68 | Buy |
Peer medians: ROE 8.4% · P/E 29.1x · Gross margin 33.3%
Company Deep Dive
Read the full research report: business segments breakdown, earnings transcripts review, management credibility analysis, competitive landscape, and scenarios.