LRCX · NASDAQ · STOCK
Lam Research (LRCX) Stock Analysis
$313.95
52W $94.11 – $438.50
60/100
$392.68B
54.2
1.86
Is LRCX Bullish or Bearish?
Bullish.
Innellis AI committee rates Lam Research (LRCX) Buy with a composite score of 60/100
, based on 5 analysts with 40% agreement.
Last updated August 23, 2026.
What Would Change This View
- Upgrade to Strong Buy
- Requires a committee score of 75.0 — +15.33 from today. Applies on the first day at or above the line; upgrades are never dampened.
- Downgrade to Watch
- Requires the score to fall below 55.0 — -4.67 from today. The band boundary is 60.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.
Executive Summary
The committee is genuinely divided. Growth Analyst sees a compelling case — 5 consecutive earnings beats -- consistent execution. Risk Analyst remains cautious — bollinger bandwidth of 28.3% signals elevated volatility. This disagreement is itself the signal — the setup is not clean in either direction.
Bull & Bear Case
Bull Case
- 5 consecutive earnings beats -- consistent execution — Growth
- Quarter-over-quarter growth rate is ACCELERATING, not just positive — Growth
- MACD histogram positive -- bullish momentum — Technical
Bear Case
- Bollinger bandwidth of 28.3% signals elevated volatility — Risk
Both cases are generated from quantitative data signals, not qualitative or
forward-looking judgement. They summarise what the numbers say today.
Price History (6M)
AI Investment Committee
Committee Consensus
As of August 23, 2026
Overall Committee Score
60/100
Agreement
40%
Analysts
5
Conviction
Contested
Sector Rank
Top 36%
of 287 Technology peers
Growth Analyst
bullish
82
/ 100 · Moderate confidence
Strong, accelerating growth with consistent execution
+ 5 consecutive earnings beats -- consistent execution
Technical Analyst
neutral
58
/ 100 · High confidence
Mixed or range-bound price action
+ MACD histogram positive -- bullish momentum
Risk Analyst
bearish
35
/ 100 · Low confidence
Elevated risk from leverage, volatility, event exposure, or portfolio concentration -- size accordingly
− Bollinger bandwidth of 28.3% signals elevated volatility
Macro Analyst
bullish
65
/ 100 · Low confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
News Analyst
neutral
58
/ 100 · Low confidence
News flow is mixed or quiet -- no strong signal either way right now
Portfolio Manager
neutral
45
/ 100 · High confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− Sector concentration is already high (HHI 3069.37)
Investment Thesis Evolution
Committee score moved marginally from 61.8 to 59.7.
- Conviction changed from moderate to contested.
- Committee agreement fell sharply from 67% to 40%.
- Bullish support removed: 4 signal(s) disappeared.
- Bearish pressure eased: 2 signal(s) disappeared.
- Analyst(s) changed stance: Risk Analyst.
- Analyst(s) abstained: Value Analyst.
Analyst-level changes:
- Risk Analyst: stance neutral->bearish; score 58->35 (-22).
- Value Analyst abstained (was neutral at 49).
Comparing 2026-08-22 to 2026-08-23 (1 day apart).
Technical Analysis
RSI (14)
47.5
Neutral
MACD Histogram
1.548
Bullish Momentum
Trend Direction
Sideways
Weekly: Uptrend
Market Structure
Mixed
Support
$194.21
Resistance
$438.36
Bollinger %B
0.57
Inside Bands
Price vs Moving Averages
EMA 9
$318.04
Below
EMA 21
$317.65
Below
EMA 50
$319.22
Below
EMA 200
$261.32
Above
Fundamental Analysis
Valuation
27
Growth
86
Profitability
94
Financial Health
100
Cash Flow
70
Valuation
P/E Ratio
54.2×
P/B Ratio
31.60×
PEG Ratio
1.41
Dividend Yield
0.33%
52W High
$438.50
52W Low
$94.11
Quality & Growth
ROE
5825.9%
ROA
3087.8%
Gross Margin
5046.9%
Operating Margin
3529.4%
Revenue Growth YoY
—
Debt / Equity
0.33
AI Fundamental Assessment
P/E ratio of 54.2 (rich relative to a 15-40x range); Price-to-book of 31.6x; PEG ratio of 1.4 (under 1.0 suggests growth is undervalued relative to price); Return on equity of 58.3%; Return on assets of 30.9%; Net margin of 31.3%; Gross margin of 50.5%; Current ratio of 2.63 (healthy short-term liquidity); Debt-to-equity of 0.33; Free cash flow per share is positive (3.90); Most recent quarter beat estimates by 6.0%; 5 consecutive earnings beats; EPS growth accelerating (+15.0% -> +24.7% QoQ); Average YoY EPS growth of 36.8%; Analyst estimates rising over recent quarters
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