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LRLRCX

Lam Research Corporation

$LRCX·$438B·Semiconductors·Technology
$350.33-0.8%YTD+97.0%1Y+246.7%
Mentions · last 7 days
2026-07-04: 458 posts2026-07-05: 55 posts2026-07-06: 183 posts2026-07-07: 285 posts2026-07-08: 334 posts2026-07-09: 400 posts2026-07-10: 345 posts2,063+20%
Price updated 3d ago·X counts updated 3d ago
LRLRCX
$LRCXLam Research Corporation
$350.33-0.80%2.1k posts+20%
AI analysisFundamentalsVoices on X
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AI verdict & sentimentAI analysisGenerated by AI from underlying data

Top X posts

Today's AI verdict on what's driving $LRCX, plus how loud the X conversation is and which way it's leaning.

AI analysis

TickerTalks’ read on the fundamentals and what’s driving the move.

Proven numbersAcceleratingAI verdict · as of 2026-07-12

The move is getting stronger, with heavier trading behind it.

One of the picks-and-shovels of AI chipmaking, and every hyperscaler capex step-up flows through Lam.

Lam Research makes the etch and deposition tools that fabs need to build every advanced chip on the planet. When Meta or TSMC or Samsung announces a bigger AI capex plan, Lam is one of the first stops on the way. The stock has more than tripled in a year for exactly this reason.

  • Revenue is compounding, not just recovering: $5.84B last quarter grew 24% YoY, and the run-rate is accelerating with each successive print — the wafer-fab equipment cycle Lam supplies is at an early stage, not a peak.
  • Return on capital is best-in-class: at 43% ROIC, Lam is generating more cash per dollar of assets than almost any peer, which supports both dividend growth and continued buybacks even at a stretched multiple.
  • Analyst PT hikes have come in a cluster: TD Cowen to $400, Stifel to $425, Morgan Stanley to $404, Mizuho to $400 — a $250B wafer-fab-equipment 2030 scenario is what's implicit in the highest end of that range.
  • The CEO's insider trade is a real warning: CEO Tim Archer exercised and sold about $11.7M on July 6, and a $630K out-of-the-money put purchase adds a hedging component that reads as protective. Director Eric Brandt also sold $20M on June 15 — a real cluster of dollars against the tape.

The next check is the July 29 fiscal Q4 print — a beat and raise extends the accelerating trajectory and legitimizes the $400+ analyst targets. What would break it: a soft China revenue print (export controls remain a swing factor), a guide that pushes AI-linked capex out a quarter, or a broader semi-cap correction pulling the whole complex back to the 200-day.

Agrees with X sentimentX sentiment cites the TD Cowen $400, Stifel $425, and Morgan Stanley $404 target hikes as anchors — and the mechanics fully back it (24% YoY revenue growth, 43% ROIC). The caution on the CEO's $11.7M sale and $630K out-of-the-money put buying is warranted and I'd weight it more than the crowd does; that's a hedging signal, not a routine trim.

What to watch: July 29 fiscal Q4 earnings — a beat and raise on China revenue and WFE guide extends the accelerating trajectory. What breaks it: a soft China print, an AI-capex timing pushout comment, or a broader semi-cap sell-off pulling the whole complex back to the 200-day.

On the calendar: 2026-07-29 — Fiscal Q4 earnings

ai capex beneficiaryinsider selling clusterpt hike waveearnings soon

X sentiment

What the X crowd is saying right now — descriptive, summarised from the day’s posts.

Bullish sentiment25 posts analyzed · as of 2026-07-12

Posts document multiple analyst PT raises (Stifel to $425, TD Cowen to $400, Mizuho to $400, Morgan Stanley to $404) and a bullish $2.68M two-legged call position. Bulls cite WFE capex tailwinds and conductor etch moat. Bearish notes include CEO Timothy Archer selling $11.7M in shares and failure to reclaim horizontal resistance.

Read the AI verdict + X sentiment for $LRCX

  • One-line verdict on what's driving the move — fundamentals, momentum, both, or an event
  • Next dated catalyst when there is one (earnings, deal closing, activist clock)
  • X crowd read with bullish/bearish call + post volume
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What it does

Plain-English summary of the business — what they sell and how they make money.

Makes etch and thin-film deposition equipment critical for advanced memory and logic semiconductor manufacturing.

Industry overviewAI analysisGenerated by AI from underlying data

Where Semiconductors sits in its cycle right now — and what that implies for $LRCX.

Semiconductors · Technology

No material change from last week — structural AI capex engine unchanged: hyperscaler Blackwell allocation stays tight through 2H26 and HBM3e pricing holds as LLM context-window expansion drives 5-8x per-server memory demand uplift.

What this means for $LRCX

Partial — Makes etch and thin-film deposition equipment critical for advanced memory and logic semiconductor manufacturing; the AI capex and HBM/compute demand cycle creates tailwinds for one product line, not the full operation.

Top industry ETF

$SMHVanEck Semiconductor ETF
+65.6%YTD
+112.5%1Y

Fundamentals & catalyst

Profitability, valuation, and the next earnings event — at a glance, with rule-of-thumb signals.

Key ratios

P/E
56.5How much investors are paying per dollar of profit the company actually earned in the last 12 months. Lower means the stock looks cheaper relative to earnings.~15–25 is typical for the S&P 500; high-growth names trade 30+; hyper-growth or speculative can be 100+ or negative.
ROIC
42.8%What percentage return the business earns on every dollar of capital (equity + debt) deployed in operations. The cleanest measure of business quality.Above ~15% is high-quality; consistently above 25% suggests a real moat. Below the company's cost of capital is value-destroying.
Op margin
34.3%Operating profit (after sales, marketing, R&D, and overhead but before interest and taxes) as a percentage of revenue. The clearest view of how well the underlying business is run.Mature business above 20% is healthy; software businesses can run 30%+; commodity / retail businesses operate in single digits.
FCF yield
1.7%Free cash flow (operating cash flow minus capex) divided by the company's market cap. The cash-on-cash return you'd get owning the whole business at today's price.Above ~5% is attractive; below ~2% means you're paying up for growth. Capital-light businesses (software) run higher than capital-heavy ones (utilities).
P/S
17.5Same idea as P/E but per dollar of revenue. Useful for companies that aren't profitable yet, where P/E is meaningless.Under ~2 is cheap; software / SaaS often runs 8–15; well above 20 implies the market is pricing in very high future growth.
ROE
65.8%Net income as a percentage of shareholders' equity. Similar to ROIC but counts only the equity side.Above 20% is strong, but can be inflated by leverage — a heavily indebted company can show high ROE with weak underlying ROIC.
Gross margin
50.0%Revenue minus the direct cost of producing what was sold, as a percentage of revenue. The first read on whether the product is structurally profitable.Software / SaaS is typically 70%+; consumer goods 30–50%; commodity / hardware businesses can be under 20%.
D/E
0.4Total debt divided by shareholders' equity. Measures how much the business runs on borrowed money versus owner capital.Under 1 is conservative; 1–2 is typical for mature businesses; over 2 is leveraged and more sensitive to interest rates.

Past earnings

QuarterReportedActualEstimateSurprise
Q1 2026Apr 22, 2026$1.47$1.36+8.1%
Q4 2025Jan 28, 2026$1.27$1.17+8.5%
Q3 2025Oct 22, 2025$1.26$1.22+3.3%
Q2 2025Jul 30, 2025$1.33$1.21+9.9%
Next earningsWed, Jul 29·consensus EPS $1.69

Quarterly trend

QuarterRevenueYoYGrossOpEPSFCF
Q3 FY26$5.8B+23.8%49.8%35.0%$1.46$809.8M
Q2 FY26$5.3B+22.1%49.6%33.9%$1.27$1.7B
Q1 FY26$5.3B+27.7%50.4%34.4%$1.24$1.6B
Q4 FY25$5.2B+33.6%50.1%33.7%$1.35$2.4B

Forward consensus

5-year forecast · up to 25 analysts
FYRevenueRangeEPSRangeAnalysts
FY26$23.2B$23.1B – $23.4B$5.69$5.65 – $5.7425
FY27$30.9B$28.3B – $33.6B$8.10$7.45 – $9.0224
FY28$36.4B$36.2B – $36.5B$9.98$7.75 – $10.8920
FY29$40.8B$37.2B – $46.3B$11.36$10.07 – $13.3610
FY30$44.9B$41.0B – $51.0B$13.22$11.73 – $15.5510

Setup & momentum

Volume, range, and moving-average position — the technical setup driving short-term moves.

Right now

Vol vs 30dToday's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.0.5×Today's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.
52w rangeWhere the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.75%Where the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.
vs 50d MALatest close vs the 50-day simple moving average. Positive = short-term trend is up.+6.4%Latest close vs the 50-day simple moving average. Positive = short-term trend is up.
vs 200d MALatest close vs the 200-day simple moving average. Positive = long-term trend is up.+53.5%Latest close vs the 200-day simple moving average. Positive = long-term trend is up.

Float & profile

FloatMega float · 1.2B shFree-float shares — the slice of issued stock actually available to trade. Lower buckets squeeze harder on a catalyst.Traded today0.6% of floatToday's volume as a percent of the free float. Above 5% on a single day is unusually high turnover for the available share count.β1.805-year weekly beta vs the S&P 500. Above 1.5 means the stock typically moves more than the index; below 0.8 moves less.

Insider activity

Recent open-market buys and sells by officers and directors — flagged when multiple insiders cluster.

Recent transactions

SellJul 2Timothy ArcherCEO30.0K sh$11.7MSellJun 12Eric BrandtDirector54.5K sh$20.0MSellJun 11Eric BrandtDirector54.5K sh$19.1MSellJun 1Neil J FernandesPresident7.7K sh$2.4MSellMay 1Neil J FernandesPresident18.2K sh$4.6MSellApr 27Ava HarterChief Legal Officer6.0K sh$1.6MSellMar 4Douglas R BettingerCFO50.1K sh$11.2MSellMar 4Ava HarterChief Legal Officer1.5K sh$334KSellMar 2Ava HarterChief Legal Officer4.0K sh$930KSellMar 2Douglas R BettingerCFO40.3K sh$9.3M
+ 17 other (7 inkinds · 5 awards · 4 exempts · 1 gift) in window

See when $LRCX insiders are putting their own money in

  • Real-time open-market buys and sells from Form 4 filings
  • Cluster-buy detection when multiple insiders pile in at once
  • 30 / 60 / 180-day windows so you can spot building conviction
Free, forever. No credit card.

SEC filings

Material 8-K, 13D, S-3, and 424B5 events from the last 180 days — the filings that actually move the price.

Recent material filings

3New insider — initial holdingsMar 103
3/ANew insider — initial holdingsFeb 93/A
3New insider — initial holdingsFeb 53
8-K/AOfficer or director change (amended)Feb 48-K/A — Item 5.02: Officer or director change
8-KOfficer or director changeFeb 38-K — Item 5.02: Officer or director change
+ 8 other (2 13Gs · 2 10-Qs · 2 earnings 8-Ks · 1 11-K) in window

Recent news

Latest headlines from major outlets, sourced and timestamped — context for whatever just moved.

Lam Research: Wouldn't Be Surprised If Consolidation Is Next (Rating Downgrade)seekingalpha.com·2d agoThese 5 Chip Stocks Are Riding the AI Fab Spending Wave247wallst.com·2d agoWhy Is Lam Research Stock Soaring Thursday?benzinga.com·4d agoApplied Materials and Lam Research Take Off on Meta's Chip Plansbarrons.com·4d agoLam Research Corporation Announces June Quarter Financial Conference Callprnewswire.com·5d ago

In themes

Explore the broader themes this ticker is being talked about under.

AI InfrastructureSemiconductor Onshoring

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Voices on X · top 15 · last 7 days

TickerTalks is a research tool, not financial advice. We surface social-attention data; we do not make stock recommendations. Past attention is not predictive of future price movements.

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