/Screener/LRCX
Sign in

LAM RESEARCH CORP

Nasdaq: LRCX·Fremont, California·

Price
$340.10
Base IV
$57.92
Your value
$57.92
-83.0%

Valuation snapshot

Above bull caseOut of date
$340.10
price, off scale
$57.92
base IV/share
Bear $37.74Bull $80.37

Price is above even the bull case. Price as of Oct 2, 2026 · Valuation Aug 12, 2026.

Researched bygpt-5.6-sol

Track record

Reported financials are not available yet.

Why the gap?

At $340.10 the market is pricing LAM RESEARCH CORP as if revenue grows 60.9% a year. This valuation assumes it grows 8.1% a year. That single disagreement accounts for most of the distance between the two numbers — which makes it the first thing worth auditing.

Implied by price

+60.9%

revenue growth a year, holding everything else researched

Assumed here

+8.1%

researched base case, grounded in filings and guidance

Many combinations of assumptions reproduce the same price. These are ways to read what the market might expect, not its actual view.

Your valuation

Four judgments stand between the filing and a number. Audit them one at a time and leave with a valuation that is yours.

  • 01 Revenue growth12.0%
  • 02 Operating margin35.0%
  • 03 Risk and beta1.86
  • 04 Long-run growth2.5%
Build my valuation

About 4 minutes · no account needed

What drives the base case

All three cases →

Recent results show broad strength in new equipment, spare parts, and advanced-chip manufacturing demand. The base case assumes those forces continue, but growth slows as today's factory-building cycle becomes larger and harder to repeat. Lam preserves most of its recent profitability because its installed base and technology positions support service sales and disciplined pricing.

What shapes the assumptions

No structured value drivers are attached to this valuation yet.

How confident is this estimate?

Quality checks
65/100Moderate

Some of any gap to the price is model uncertainty rather than real disagreement. Start with the weakest components.

  • Scenario dispersion6.3
  • Terminal-value dependency3.7
  • Historical stability5.7
  • Margin predictability9.0

Why the number moved

Sequential bridge

The base case moved from $99.68 to $57.92 as filings, assumptions, and market inputs changed.

  • Revenue forecast—
  • Operating-margin assumption—
  • Tax-rate assumption—
  • Reinvestment assumption—
  • Terminal-growth assumption—

Explore StockValuer's full research

All cases, evidence, value drivers, sensitivity, quality checks, and calculation detail.

Financials

Reported quarters with derived margins, cash flow, and net cash.

Methodology

How reported facts, researched judgments and deterministic math are kept apart.

Base estimate

$57.92 -83.0%

Build