LRCX

Lam ResearchB

Nasdaq / Semiconductors & Semiconductor Equipment

At close

2026-07-18

Current thesis

Stronger-than-expected AI and advanced-packaging capex drives multi-quarter order momentum, higher utilization at fabs, and improved pricing for Lam's high-value tools; scenario supports sustained upside toward the analyst high of $325 if execution and bookings persist.

Posture

Constructive

Lead driver

Momentum

What changed

Momentum remains the lead driver in the composite, 7D delta +3.3.

What can break

Cyclical capex softness / order push-outs

Momentum

Value

Sentiment

Setup hits (3d)

— · Net —

AI TargetsBase $275.00 · Bull $325.00 · Bear $215.00

Data freshness

Prices

As of 2026-07-18

Fundamentals

As of 2026-07-17 • Vendor: Data Vendor v1

Scores

As of 2026-07-18 • Model: HYBRID_IC_RP

AI Memo

As of 2026-03-31 • Model: RankAlpha Sentiment AI

Investment thesis

As of 2026-07-18

Supporting evidence

What

Grade B · Constructive

Confidence Medium · Net —

Target $378.96

Why

Momentum94 · Δ7d +3.3

Value53 · Δ7d +0.3

Sentiment38 · Δ7d +6.8

So what

Strength-led posture. Favor watchlist adds and disciplined entries.

Setup hits not loaded

Load setup hits to see net bias and recent triggers.

Load setup hits

Lead driver: Momentum · See technicals

Momentum

26% active weight

Current posture

7d trendFlat

Δ7d

+3.3

Δ21d

+8.6

Value

39% active weight

Current posture

7d trendFlat

Δ7d

+0.3

Δ21d

+0.9

Sentiment

34% active weight

Current posture

7d trendImproving

Δ7d

+6.8

Δ21d

+13.2

Why this grade

Composite grade B. Momentum 93.5 / Value 52.7 / Sentiment 37.6

Fundamentals (TTM)

As of 2026-07-17

Market Cap

$391.8B

Beta

1.78

Shares Out

1.25B

P/E (TTM)

42.9

P/S (TTM)

12.49

P/FCF (TTM)

55.98

Rev YoY

+23.8%

EPS YoY

+40.6%

Gross Margin

+50.0%

Op Margin

+33.0%

Net Debt

-$1.63B

Current Ratio

2.54

As of 2026-07-18 • Updated nightlySource: Internal modelMethodology