Stocktoria

LAM RESEARCH CORP LRCX

Nasdaq · stock · Special Industry Machinery, NEC · website · IPO 1984-05-11 · LEI

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.

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96/100
Stocktoria Quality Score · grade A+
8/9
Piotroski F — financial health
9.63
Altman Z″ — distress risk · safe
0.8%
Dividend yield 5y avg · safe · Dividend payout 21.5%
-1.68
Beneish M-score — earnings quality · elevated

Quality score trend · recomputed for each fiscal year

Piotroski F /9
7 8 5 4 7 6 6 5 8 8 2017201820192020202120222023202420252026
Altman Z″
7.48 8.20 8.13 7.86 8.90 9.15 9.65 9.71 9.63 11.07 2017201820192020202120222023202420252026

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.

$326.11 as of 2026-08-01 · +225.6% 1y
$100.15$433.3352-wk

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.

Market cap USD$474.1B
P / E65.3×
Dividend yield 5y avg0.8%
Net margin 5y avg27.7%
Return on equity 5y avg57.1%
Beta1.86
Employees23,300

Analyst price target

$368.94 +13.1% vs last
consensus: strong buy · 31 analysts
target range $290.00 – $500.00 · median $367.00
4 strong buy · 25 buy · 6 hold
Recent analyst actions
DateFirmRating
2026-07-30Morgan StanleyOverweight (main)
2026-07-30B. Riley SecuritiesBuy (main)
2026-07-30Wells FargoOverweight (main)
2026-07-30NeedhamBuy (reit)
2026-07-30JefferiesBuy (main)
2026-07-20Evercore ISI GroupOutperform (main)

Wall Street analyst consensus — a sentiment gauge, not our scoring.

Forward estimates · earnings calendar →

Forward EPS est.$11.56
Forward P / E28.2×

Consensus analyst estimates and scheduled dates — forward-looking, may change.

Smart money · insiders, last 12 months

Insiders net sold -$69.5M on the open market · 50 trades

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.

Revenue trend · last 10y · up

How it ranks in Manufacturing · percentile among 1957 companies

Piotroski Fstronger than 97%
Net marginstronger than 96%
Return on equitystronger than 97%
Revenue growthstronger than 84%

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

Altman Z″ components · safe zone

ComponentValue
Working capital / assets0.372
Retained earnings / assets1.358
EBIT / assets0.276
Equity / liabilities0.859

Sector peers · similar-size Manufacturing companies compare side by side →

TickerCompanyPiotroski FAltman Z″P / ERevenue growth
LRCXLAM RESEARCH CORP8/99.6365.3+26%
ASMLASML HOLDING NV8/94.13+15.6%
ACMRACM Research, Inc.3/96.6776.8+15.2%
ACLSAXCELIS TECHNOLOGIES INC4/98.7144.3-17.6%
CRCTCricut, Inc.6/95.812.7-0.5%
VECOVEECO INSTRUMENTS INC6/94.55129.7-7.4%
AZTAAzenta, Inc.6/99.11+3.6%

All Manufacturing companies →

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.