Lam Research Corporation (LRCX)

Lam Research Corp. stock has experienced movements and events over the past six months. The stock price increased by 80.88% between October 7, 2024, and October 3, 2025, reaching $145.81 per share on October 3, 2025. On October 2, 2025, LRCX reached an all-time high of $147.91. The stock also hit an all-time high of $133.59 on September 30, 2025, with an impressive 82.85% year-to-date return. Lam Research reported strong financial results, with a 33.6% year-over-year revenue growth and earnings per share (EPS) of $1.33 for the quarter ending July 30, 2025, surpassing analysts' expectations of $1.21. The company announced an increase in its quarterly dividend to $0.26 per share, up from the previous $0.23, with a payout ratio of 25%. Wall Street Zen upgraded Lam Research from a "hold" to a "buy" rating. Other analysts have raised their price targets for the stock, with a consensus "Moderate Buy" rating among 31 analysts. Morgan Stanley downgraded Lam Research from "Equalweight" to "Underweight" in September 2025, citing concerns over slowing growth drivers in China and the NAND memory markets. KeyBanc Capital Markets also downgraded the stock from "Overweight" to "Sector Weight." The launch of VECTOR TEOS 3D was noted as a positive event. The stock's performance has been influenced by broader trends in the semiconductor and technology sectors.

Lam Research's products and services are subject to the cyclical nature of the semiconductor market, which can lead to unpredictable demand and revenue. October is historically a strong month for tech stocks, including Lam Research, often ranking as its second-best month with an average return of 7.22% and a 67% win rate. This seasonal strength in October is attributed to investors positioning for year-end demand, as tech companies prepare for holiday sales and release earnings that provide guidance for the fourth quarter and the year ahead. The company's management also indicated in January 2025 that they were preparing for higher revenues in the March 2025 quarter, suggesting some quarter-to-quarter fluctuations in demand.

Lam Research Corporation is an American supplier of wafer-fabrication equipment and related services to the semiconductor industry. The company provides solutions for semiconductor manufacturing, including equipment for thin film deposition, plasma etch, photoresist strip, and wafer cleaning processes. These technologies are crucial for creating transistors, interconnects, advanced memory, and packaging structures, as well as for applications in microelectromechanical systems (MEMS) and light-emitting diodes (LEDs).

Lam Research Corp. operates in China, Korea, Taiwan, Japan, the United States, Southeast Asia, and Europe. The company has customer support centers across Europe, the United States, and Japan. In August 2021, Lam Research opened a manufacturing facility in Batu Kawan, Malaysia, and in September 2022, it established a new India Center for Engineering in Bengaluru for R&D and testing of wafer manufacturing hardware and software. In fiscal year 2025, China represented the largest portion of Lam Research's total revenue at 33.66%, followed by the Republic of Korea, Taiwan, Japan, the United States, Southeast Asia, and Europe.

Specific events directly impacting Lam Research Corp.'s brand reputation in the past year were not explicitly detailed in the search results. However, the company's strong financial performance, consistent revenue growth, and leadership in providing advanced wafer fabrication equipment to the semiconductor industry generally contribute to a positive brand image within its sector. Its role in enabling the manufacturing of advanced semiconductor devices for a wide range of electronic products underscores its importance and technological prowess. The company's commitment to innovation, customer collaboration, and sustainability are also highlighted as factors contributing to its standing in the industry.

Lam Research is primarily owned by institutional shareholders, who hold approximately 83.05% of the company's stock. Retail investors own about 16.59%, and Lam Research insiders hold 0.37%. The largest individual Lam Research shareholder is Vanguard Group Inc, owning 130.61 million shares, representing 10.32% of the company. BlackRock, Inc. holds 10% of shares outstanding. State Street Corp holds 4.64% of shares outstanding. JPMorgan Chase & Co., Geode Capital Management, Llc, Ameriprise Financial Inc, Invesco Qqq Trust, Series 1, and Fmr Llc are also major institutional owners. No single shareholder has a majority interest, with the top 22 shareholders controlling 50% of the ownership. Insider ownership is under 1%, valued at approximately US$282 million.