LAM RESEARCH CORP LRCX
LAM RESEARCH CORP (LRCX) earns a Piotroski F-score of 8/9 (strong financial health), with an Altman Z″ in the safe zone. It pays a dividend yielding 0.27% (safety: safe). FY2025 revenue was $23.2B at a 31.3% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: -1.68 — elevated (above the −1.78 line — aggressive-accounting signals worth a closer look) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
Analyst price target
Recent analyst actions
| Date | Firm | Rating |
|---|---|---|
| 2026-07-30 | Morgan Stanley | Overweight (main) |
| 2026-07-30 | B. Riley Securities | Buy (main) |
| 2026-07-30 | Wells Fargo | Overweight (main) |
| 2026-07-30 | Needham | Buy (reit) |
| 2026-07-30 | Jefferies | Buy (main) |
| 2026-07-20 | Evercore ISI Group | Outperform (main) |
Wall Street analyst consensus — a sentiment gauge, not our scoring.
Forward estimates · earnings calendar →
Consensus analyst estimates and scheduled dates — forward-looking, may change.
Smart money · insiders, last 12 months
Open-market insider purchases minus sells (SEC Form 4) — real buying with their own money is a bullish “smart money” signal; grants and option exercises are excluded.
How it ranks in Manufacturing · percentile among 1957 companies
Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 8/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · safe zone
| Component | Value |
|---|---|
| Working capital / assets | 0.372 |
| Retained earnings / assets | 1.358 |
| EBIT / assets | 0.276 |
| Equity / liabilities | 0.859 |
Sector peers · similar-size Manufacturing companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| LRCX | LAM RESEARCH CORP | 8/9 | 9.63 | 65.3 | +26% |
| ASML | ASML HOLDING NV | 8/9 | 4.13 | — | +15.6% |
| ACMR | ACM Research, Inc. | 3/9 | 6.67 | 76.8 | +15.2% |
| ACLS | AXCELIS TECHNOLOGIES INC | 4/9 | 8.71 | 44.3 | -17.6% |
| CRCT | Cricut, Inc. | 6/9 | 5.8 | 12.7 | -0.5% |
| VECO | VEECO INSTRUMENTS INC | 6/9 | 4.55 | 129.7 | -7.4% |
| AZTA | Azenta, Inc. | 6/9 | 9.11 | — | +3.6% |
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 that offers copper damascene manufacturing; SPEED gapfill high-density plasma chemical vapor deposition (CVD) products; Striker single-wafer atomic layer deposition products for dielectric film solutions; and VECTOR plasma-enhanced CVD products. It also provides Flex for dielectric etch applications; Vantex, a dielectric etch system that provides RF technology and repeatable wafer-to-wafer performance enabled by Equipment Intelligence solutions; Kiyo for conductor etch applications; Syndion for through-silicon via etch applications; and Versys metal products for metal etch processes. In addition, the company offers Coronus bevel clean products to enhance die yield; and Da Vinci, DV-Prime, EOS, and SP series products to address various wafer cleaning applications. Further, it provides Reliant deposition, etch, and clean products; and Sense.i platform products, as well as customer service, spares, and upgrades. Lam Research Corporation was incorporated in 1980 and is headquartered in Fremont, California.
FAQ
Is LRCX financially healthy?
LAM RESEARCH CORP's Piotroski F-score is 8/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the safe zone.
Does LRCX pay a dividend, and is it safe?
Yes. LAM RESEARCH CORP pays a dividend yielding about 0.27% with a 21.5% payout ratio, rated “safe” for safety.
How profitable is LRCX?
In FY2025, LAM RESEARCH CORP had a net margin of 31.3% and a return on equity of 58.3%.
Is LRCX overvalued or undervalued?
LAM RESEARCH CORP trades at about 56.6× trailing earnings — above its 10-year norm (10-year range 14.5×–50.9×, median 22.9×). Stocktoria reports the data, not buy/sell advice.
What is the analyst price target for LRCX?
The average Wall-Street price target for LAM RESEARCH CORP is $368.94, about 13.1% above the recent price, from 31 analysts (consensus: strong buy).
Is LRCX a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on LAM RESEARCH CORP: a Piotroski F-score of 8/9, an Altman Z″ in the safe zone, a P/E of about 65.3×, a dividend yield of 0.27%. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-06-29. Facts plus Stocktoria's own computed scores — not investment advice.