Lam Research stock holds near $302 after a strong quarter
Published on 08/31/2026 at 06:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Lam Research Corp. stock (ISIN US5324571083) traded at $301.90 and carried a market value of $130.47 billion as of August 30, 2026, after a quarter that delivered $6.72 billion in revenue and $1.82 in earnings per share. The company also beat the $1.69 consensus EPS estimate by $0.13, giving investors a clean comparison point from the latest report.
Latest quarter
The most recent numbers point to solid operating momentum: revenue rose 30.0% from $5.17 billion a year earlier, while EPS improved from $1.33 in the prior-year quarter to $1.82. The quarter also came in above the $6.66 billion revenue estimate, which helped keep attention on execution rather than just valuation.
Management guided fiscal first-quarter 2027 EPS to $2.00-$2.30, a range that sits above the quarter just reported and gives the next earnings cycle a clear benchmark.
Valuation context
The share price of $301.90 sits well below the 52-week high of $438.50 and far above the 52-week low of $94.11, a spread that shows how sharply the stock has already re-rated. At a trailing price-to-earnings ratio of 24.64, the shares are still pricing in stronger semiconductor equipment demand.
That setup matters because Lam Research remains tied to wafer-fabrication spending, where quarterly revenue and margin trends can move the stock faster than broad market sentiment.
Product focus
Lam Research's equipment portfolio centers on wafer fabrication systems used in chip manufacturing, where process steps such as deposition and etch drive demand across memory and logic customers. Those tools are the commercial bridge between capex cycles and reported revenue.
Shares and market value
Lam Research shares ended the latest session at $301.90, with a market capitalization of $130.47 billion as of August 30, 2026. The stock remains sensitive to whether fiscal first-quarter 2027 results confirm the July quarter's pace.
Fact box
Company: Lam Research Corp.
ISIN: US5324571083
Ticker: LRCX
Exchange: Nasdaq
Price (as of August 30, 2026): $301.90 USD
Market cap: $130.47 billion (as of August 30, 2026)
Sector / Industry: Information technology / Semiconductor equipment
Index membership: S&P 500
