Lam Research Corporation (LRCX) Stock Analysis
Range Bound setup · Temp Headwind edge
Technology · Semiconductor Equipment & Materials
Wait for pullback to $237.51. At $256.23 the A.R:R is 0.7:1 — below the 1.5:1 minimum for BUY_NOW. Engine's entry $237.51 (Atr Pullback Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Concentration risk — Customer: limited number of key customers; Concentration risk — Geographic: non-U.S. sales (93.0%).
Lam Research supplies wafer fabrication equipment and services to the global semiconductor industry, with customers including memory, foundry, and IDM manufacturers. Non-US sales accounted for ~93% of total revenue in fiscal 2025; the company maintains facilities across Asia,... Read more
Wait for pullback to $237.51. At $256.23 the A.R:R is 0.7:1 — below the 1.5:1 minimum for BUY_NOW. Engine's entry $237.51 (Atr Pullback Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Concentration risk — Customer: limited number of key customers; Concentration risk — Geographic: non-U.S. sales (93.0%). Chart setup: RSI 46 mid-range, Bollinger mid-band. Growth is cheap relative to earnings, but the chart hasn't confirmed yet (PEG 1.49, quality 8.3/10, growth 9.2/10). Score 6.0/10, moderate confidence.
Passes 4/7 gates (clean insider activity, no SEC red flags, earnings proximity 90d clear, semi cycle peak clear). Fails on weak momentum and favorable risk/reward ratio and news legal. Suitability: aggressive.
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- HIGHCustomerlimited number of key customers10-K Item 1A: 'Sales to a limited number of large customers constitute a significant portion of our overall shipments, revenue, cash flows and profitability'
- HIGHGeographicnon-U.S. sales93%10-K Item 1A: 'Non-U.S. sales... accounted for approximately 93%, 93%, and 91% of total revenue in fiscal years 2025, 2024, and 2023, respectively'
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer
Rating Breakdown
2 floor-breakers·1 ceiling hit
Momentum below the gate floor. Component breakdown shows what dragged the score down.static
Priced at a premium — multiples above sector norms. Needs delivery on growth + margins to justify.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Wait for pullback to $237.51. At $256.23 the A.R:R is 0.7:1 — below the 1.5:1 minimum for BUY_NOW. Engine's entry $237.51 (Atr Pullback Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Concentration risk — Customer: limited number of key customers; Concentration risk — Geographic: non-U.S. sales (93.0%). Chart setup: RSI 46 mid-range, Bollinger mid-band. Growth is cheap relative to earnings, but the chart hasn't confirmed yet (PEG 1.49, quality 8.3/10, growth 9.2/10). Target $283.12 (+10.5%), stop $215.09 (−19.1%), Setup A.R:R 2.2:1. Score 6.0/10, moderate confidence.
Take-profit target: $283.12 (+15.4% upside). Target $283.12 (+10.5%), stop $215.09 (−19.1%), Setup A.R:R 2.2:1. Stop-loss: $215.09.
Concentration risk — Customer: limited number of key customers; Concentration risk — Geographic: non-U.S. sales (93.0%); Expensive valuation.
Lam Research Corporation trades at a P/E of 46.9 (forward 31.8). TrendMatrix value score: 3.4/10. Verdict: Buy (Wait for Entry).
41 analysts cover LRCX with a consensus score of 4.0/5. Average price target: $308.
What does Lam Research Corporation do?Lam Research supplies wafer fabrication equipment and services to the global semiconductor industry, with customers...
Lam Research supplies wafer fabrication equipment and services to the global semiconductor industry, with customers including memory, foundry, and IDM manufacturers. Non-US sales accounted for ~93% of total revenue in fiscal 2025; the company maintains facilities across Asia, Europe, and the US focused on deposition, etch, and clean processes.