Lam Research stock gains on record Q4 2026 revenue
Published on 09/04/2026 at 07:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Lam Research stock (ISIN US5324571083) closed near USD 292.66 on September 3, 2026, after the chip equipment group reported June-quarter revenue of USD 6.72 billion and diluted EPS of USD 1.82. The latest update also put Q1 2027 guidance at USD 2.000 to USD 2.300 EPS.
Record quarter, higher guidance
According to MarketBeat, the company beat the consensus EPS estimate of USD 1.69 by USD 0.13, and revenue topped the USD 6.66 billion forecast. The same report said revenue rose 30.0 percent year over year, from USD 1.33 in the prior-year quarter to USD 1.82 EPS this time.
Valuation stays stretched
The stock was trading at USD 292.66 and the market capitalization stood at USD 366.21 billion in the same market snapshot. The quote page also showed a one-year range of USD 96.44 to USD 438.50 and a P/E ratio of 50.81.
That valuation is higher than the peer-style checks cited in the fresh market note, which put the multiple around 50.4x versus 46.5x for the US semiconductor industry and 43.1x for peers. For investors, the gap between growth and multiple now matters as much as the quarter itself.
Dividend and insider sale
Market data and broker-style coverage also pointed to a higher quarterly dividend, with the payout lifted to USD 0.33 from USD 0.26 and payable on October 14, 2026. One insider sale was reported at USD 291.32 per share on September 2, 2026, a level close to the latest trading price.
Semiconductor equipment core
Lam Research builds equipment used in wafer fabrication, and the latest quarter kept that core business in the spotlight. Revenue of USD 6.72 billion and quarterly EPS of USD 1.82 underline how strongly the cycle is flowing through to the company right now.
Stock level and range
Lam Research stock traded at USD 292.66 on September 3, 2026, with a market capitalization of USD 366.21 billion and a one-year range from USD 96.44 to USD 438.50. The combination leaves the shares well above the lower end of the range, but still below the high set earlier in the year.
Lam Research at a glance
- Company: Lam Research Corporation
- ISIN: US5324571083
- Ticker: LRCX
- Trading venue: NASDAQ
- Price (as of September 3, 2026): USD 292.66
- Market capitalization: USD 366.21 billion (as of September 3, 2026)
- Sector / Industry: Information Technology / Semiconductors & Semiconductor Equipment
- Index membership: S&P 500
