LRCX Stock Analysis: Buy, Sell, or Hold?
LRCX - Lam Research Corp
$294.05
7.53 (2.63%)
▲
5d:
+14.54%
30d:
+13.64%
90d:
+27.29%
HOLD
MODERATE Confidence
Analysis Updated: May 8, 2026 12:00 AM ET
Earnings: Apr 22, 2026
0d
Smart Money Distribution
None View Scanner →
Strength: 10.0/10
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3 traders called LRCX this week
67% bullish • 1 bearish
67% bullish • 1 bearish
Interactive Price Chart (1 Month)
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Bottom Line:
📊 HOLD: LRCX is fairly valued with market pricing in 1.6% annual growth. Fine to hold or accumulate slowly on dips.
📊 HOLD: LRCX is fairly valued with market pricing in 1.6% annual growth. Fine to hold or accumulate slowly on dips.
Long-Term Wealth Forecast (2031)
Based on Analyst Consensus Growth & Historical Valuation
0% (Stagnation)
50% (Hyper Growth)
EST. PRICE IN 2031
$385.23
Based on 14.5% avg growth
INTRINSIC VALUE TODAY
$239.20
Trading above historical range
How this is calculated: We use a Growth Decay Model: starting with analyst consensus growth (adjusted above) and gradually slowing it down to a long-term terminal rate (4%) by Year 5. This provides a more realistic valuation than assuming constant hyper-growth. We then apply a 25.0x Exit PE.
In-depth Analysis How we analyze
Valuation Analysis: LRCX is currently trading at $294.05, which is considered extended relative to its 30-day fair value range of $232.17 to $278.24. The stock's valuation (Forward PE: 37.2) is in line with its historical norms (35.4). At these levels, the market is pricing in 1.6% annual earnings growth. This growth rate appears achievable given the company's track record, suggesting the valuation is rational.
Technical Outlook: Technically, LRCX is in a strong uptrend. The price is approaching resistance at $298.00. A breakout above this level would be a bullish signal, while rejection here could lead to consolidation.
Market Sentiment: LRCX has a strong technical setup (75/100), with favorable trendlines, momentum, and price action for short-term traders. The stock is fairly positioned - fine to hold existing positions or accumulate slowly on dips, but not an urgent buy.
Technical Outlook: Technically, LRCX is in a strong uptrend. The price is approaching resistance at $298.00. A breakout above this level would be a bullish signal, while rejection here could lead to consolidation.
Market Sentiment: LRCX has a strong technical setup (75/100), with favorable trendlines, momentum, and price action for short-term traders. The stock is fairly positioned - fine to hold existing positions or accumulate slowly on dips, but not an urgent buy.
Quick Decision Summary
Current Position
EXTENDED
Historical Trading Range
$232.17 -
$278.24
Company Quality Score
63/100
(BUY)
Volume Confirmation
HIGH
Confidence Score
53.3%
Protect Your Profits
Holding LRCX? Use our AI-powered strategies to protect your downside while keeping your long-term position.
View Profit Protection PlanAll Signals
- BEARISH: Price extended above range (+5.7% above its trading range)
- BULLISH: Strong technical setup (75/100)
- BULLISH: High volume confirmation
- NEUTRAL: Near Wall St target ($310.47)
- NEUTRAL: Market pricing in 1.6% annual earnings growth - fairly valued
Trading Range Analysis
30-Day Trading Range
$232.17 -
$278.24
Current vs Trading Range
EXTENDED
Support & Resistance Levels
Support Level
$241.60
Resistance Level
$298.00
Current Trend
Strong Uptrend
Technical data as of
May 8, 2026
Fundamental Context
Forward P/E (Next Year Est.)
37.16
Wall Street Target
$310.47
(+5.6%)
Revenue Growth (YoY)
23.8%
Earnings Growth (YoY)
40.8%
Profit Margin
30.9%
Valuation Premium vs History
+1.6% premium
PE vs Historical
37.2 vs 35.4
FAIR
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
+1.6%
(market-implied from PE analysis)
1-Year Target
$298.75
(+2%)
2-Year Target
$303.53
(+3%)
3-Year Target
$308.39
(+5%)
3-Yr Target (if PE normalizes)
(PE: 37→35)
PE COMPRESSION
$293.78
(0%)
Earnings growth offset by PE compression
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 37.2, Growth: 39.4%)
$797.13
(+171%)
Base:
(SPY PE: 21.9, Growth: 39.4%)
$470.63
(+60%)
Bear:
(PE: 18.6, Growth: 39.4%)
$400.04
(+36%)
📈
Valuation based on Current Earnings
RECOVERY PLAY: Stock looks expensive now (38x PE), but valuation improves significantly next year (37x PE) as earnings recover.
Forward PE: 38.02 | Forward EPS (Implied): $7.73
Bull Case
$355.07
(+21%)
Analyst growth 15.0%, PE expands to 39.9
Base Case
$294.05
(0%)
Market implied 0.0%, PE stable at 38.0
Bear Case
$224.95
(-24%)
Severe decline -15.0%, PE contracts to 34.2
These are projections based on PE multiples and EPS growth scenarios, not predictions. Actual results may vary significantly.
Share & Embed Analysis
Last updated: May 10, 2026 3:21 PM ET
Data refreshes hourly during market hours. Next update: 4:21 PM
Data refreshes hourly during market hours. Next update: 4:21 PM
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Technical Signals Check
Is LRCX showing a specific setup today?
Insider Activity (6 Months)
8
Buys
11
Sells
Net
INSIDERS SELLING
Recent Transactions
Ro Khanna
BUY
2026-03-30
David Taylor
BUY
2026-03-12
Ava Harter
SELL
1500 shares
2026-03-04
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Advanced LRCX Option Strategies
Professional options setups generated by AI based on today's LRCX price and gamma walls.
